Capitol Federal Financial (NASDAQ:CFFN) Stock Price Crosses Above 200 Day Moving Average - Time to Sell?

Key Points

• Capitol Federal Financial shares crossed above their 200-day moving average, reaching $8.77 and last trading at $8.72 versus the $7.85 average.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $9.25 price target, although Piper Sandler rates the stock “Neutral.”
• The company exceeded quarterly expectations with $0.19 EPS and $60.15 million in revenue, while declaring a quarterly dividend of $0.085, representing an annualized yield of about 3.9%.

Shares of Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $7.85 and traded as high as $8.77. Capitol Federal Financial shares last traded at $8.72, with a volume of 749,353 shares traded.

Wall Street Analyst Weigh In

Several brokerages recently commented on CFFN. Weiss Ratings reissued a "buy (b-)" rating on shares of Capitol Federal Financial in a research note on Friday, August 7th. Benchmark began coverage on shares of Capitol Federal Financial in a research note on Wednesday, July 8th. They set a "buy" rating and a $10.00 target price on the stock. Piper Sandler upped their price target on shares of Capitol Federal Financial from $8.50 to $9.50 and gave the stock a "neutral" rating in a report on Monday, August 3rd. Finally, New Street Research set a $10.00 price target on Capitol Federal Financial in a research note on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $9.25.

Capitol Federal Financial Stock Performance

The company has a fifty day moving average price of $8.54 and a two-hundred day moving average price of $7.85. The company has a debt-to-equity ratio of 1.60, a current ratio of 1.20 and a quick ratio of 1.20. The company has a market capitalization of $1.10 billion, a P/E ratio of 13.42 and a beta of 0.68.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The savings and loans company reported $0.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.17 by $0.02. Capitol Federal Financial had a net margin of 18.69% and a return on equity of 8.01%. The business had revenue of $60.15 million during the quarter, compared to analyst estimates of $58.65 million.

Capitol Federal Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 21st. Shareholders of record on Friday, August 7th will be given a $0.085 dividend. This represents a $0.34 annualized dividend and a yield of 3.9%. The ex-dividend date is Friday, August 7th. Capitol Federal Financial's dividend payout ratio is 52.31%.

Hedge Funds Weigh In On Capitol Federal Financial

A number of hedge funds have recently modified their holdings of CFFN. Public Employees Retirement System of Ohio bought a new stake in shares of Capitol Federal Financial in the second quarter worth $25,000. Allworth Financial LP acquired a new position in Capitol Federal Financial during the 2nd quarter worth about $37,000. Osaic Holdings Inc. lifted its holdings in Capitol Federal Financial by 474.6% during the 2nd quarter. Osaic Holdings Inc. now owns 5,763 shares of the savings and loans company's stock worth $35,000 after buying an additional 4,760 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in Capitol Federal Financial by 180.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 8,501 shares of the savings and loans company's stock worth $52,000 after buying an additional 5,470 shares during the period. Finally, OneDigital Investment Advisors LLC bought a new stake in shares of Capitol Federal Financial in the 2nd quarter valued at about $89,000. Institutional investors and hedge funds own 88.51% of the company's stock.

About Capitol Federal Financial

Capitol Federal Financial, Inc is a bank holding company headquartered in Kansas City, Missouri. Through its principal subsidiary, Capitol Federal Savings Bank, the company provides a range of retail and commercial banking products and services. These offerings include checking and savings accounts, certificates of deposit, home equity lines of credit and other consumer loan products. In addition, Capitol Federal Financial operates an active mortgage origination business, making residential mortgage loans both for its own portfolio and for sale in the secondary market.

Established in 1893, Capitol Federal has grown into one of the nation's largest mutual savings banks, emphasizing long-term customer relationships and conservative credit practices.

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