Equities research analysts at Piper Sandler assumed coverage on shares of CF Bankshares (NASDAQ:CFBK - Get Free Report) in a research note issued to investors on Wednesday. The firm set an "overweight" rating and a $29.00 price target on the savings and loans company's stock. Piper Sandler's target price suggests a potential upside of 21.24% from the stock's current price.
Separately, StockNews.com upgraded shares of CF Bankshares from a "hold" rating to a "buy" rating in a research report on Thursday, May 8th.
Check Out Our Latest Stock Analysis on CFBK
CF Bankshares Stock Down 0.1%
CF Bankshares stock traded down $0.03 during trading hours on Wednesday, hitting $23.92. The stock had a trading volume of 1,612 shares, compared to its average volume of 13,413. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.75. The stock has a market capitalization of $124.86 million, a P/E ratio of 11.61 and a beta of 0.38. CF Bankshares has a 12-month low of $16.92 and a 12-month high of $31.17. The stock's 50-day moving average price is $22.16 and its 200-day moving average price is $24.14.
CF Bankshares (NASDAQ:CFBK - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The savings and loans company reported $0.68 EPS for the quarter. CF Bankshares had a net margin of 10.72% and a return on equity of 8.25%.
Institutional Investors Weigh In On CF Bankshares
A number of hedge funds have recently bought and sold shares of the business. Cutter & CO Brokerage Inc. bought a new position in CF Bankshares during the fourth quarter valued at $219,000. Citadel Advisors LLC bought a new position in CF Bankshares during the 4th quarter worth about $251,000. Jane Street Group LLC bought a new position in CF Bankshares during the 1st quarter worth about $263,000. 683 Capital Management LLC purchased a new stake in shares of CF Bankshares during the fourth quarter valued at about $340,000. Finally, Millennium Management LLC purchased a new stake in shares of CF Bankshares during the fourth quarter valued at about $395,000. Hedge funds and other institutional investors own 41.06% of the company's stock.
CF Bankshares Company Profile
(
Get Free Report)
CF Bankshares Inc operates as the bank holding company for CFBank, National Association that provides various banking products and services in the United States. The company accepts savings, retail and business checking accounts, and money market accounts, as well as certificates of deposit. It offers single-family mortgage loans; commercial real estate and multi-family residential mortgage loans; commercial loans and equipment leases; residential real estate loans and treasury management depository services; retail banking services and products.
Further Reading
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