Capitol Federal Financial (NASDAQ:CFFN) Stock Crosses Above Two Hundred Day Moving Average - What's Next?

Key Points

• Capitol Federal Financial's stock price has recently crossed above its 200-day moving average, reaching a peak of $6.19 before closing at $6.16.
• Weiss Ratings has maintained a "hold (c-)" rating on the company, with an average rating of "Hold" and a consensus price target of $6.50.
• The company has declared a quarterly dividend of $0.085 per share, representing an annualized yield of 5.5% and a payout ratio of 72.34%.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report)'s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $5.98 and traded as high as $6.19. Capitol Federal Financial shares last traded at $6.16, with a volume of 735,676 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a "hold (c-)" rating on shares of Capitol Federal Financial in a research note on Wednesday, October 8th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $6.50.

Capitol Federal Financial Stock Up 2.2%

The business's fifty day moving average price is $6.32 and its 200 day moving average price is $5.98. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 1.98. The firm has a market capitalization of $818.19 million, a PE ratio of 13.11 and a beta of 0.64.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last announced its earnings results on Wednesday, July 23rd. The savings and loans company reported $0.14 EPS for the quarter, beating analysts' consensus estimates of $0.12 by $0.02. Capitol Federal Financial had a net margin of 14.87% and a return on equity of 5.92%. The business had revenue of $50.75 million during the quarter, compared to analysts' expectations of $50.51 million. On average, equities research analysts forecast that Capitol Federal Financial will post 0.46 earnings per share for the current fiscal year.

Capitol Federal Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, August 1st were paid a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date of this dividend was Friday, August 1st. Capitol Federal Financial's dividend payout ratio (DPR) is 72.34%.

Institutional Trading of Capitol Federal Financial

Hedge funds have recently bought and sold shares of the company. Perigon Wealth Management LLC acquired a new position in shares of Capitol Federal Financial in the 3rd quarter valued at $74,000. Regent Peak Wealth Advisors LLC acquired a new position in shares of Capitol Federal Financial in the 3rd quarter valued at $110,000. CWM LLC boosted its holdings in shares of Capitol Federal Financial by 105.3% in the 3rd quarter. CWM LLC now owns 161,772 shares of the savings and loans company's stock valued at $1,027,000 after purchasing an additional 82,960 shares during the last quarter. Brighton Jones LLC boosted its holdings in shares of Capitol Federal Financial by 72.9% in the 3rd quarter. Brighton Jones LLC now owns 25,701 shares of the savings and loans company's stock valued at $163,000 after purchasing an additional 10,833 shares during the last quarter. Finally, Wedge Capital Management L L P NC acquired a new position in shares of Capitol Federal Financial in the 3rd quarter valued at $878,000. Institutional investors and hedge funds own 88.51% of the company's stock.

About Capitol Federal Financial

Capitol Federal Financial, Inc operates as the holding company for Capitol Federal Savings Bank that provides various retail banking products and services in the United States. The company accepts a range of deposit products, including savings accounts, money market accounts, interest-bearing and non-interest-bearing checking accounts, and certificates of deposit.

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