CF Bankshares Inc. (NASDAQ:CFBK - Get Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $23.33 and traded as high as $23.67. CF Bankshares shares last traded at $23.36, with a volume of 20,923 shares traded.
Analyst Ratings Changes
CFBK has been the subject of a number of recent research reports. Piper Sandler set a $29.00 target price on CF Bankshares and gave the stock an "overweight" rating in a research note on Wednesday, May 21st. Wall Street Zen raised shares of CF Bankshares from a "hold" rating to a "buy" rating in a research note on Saturday, June 14th.
Read Our Latest Analysis on CFBK
CF Bankshares Price Performance
The firm has a market cap of $123.19 million, a PE ratio of 10.40 and a beta of 0.42. The business has a 50-day moving average price of $23.40 and a two-hundred day moving average price of $23.43. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.62.
CF Bankshares (NASDAQ:CFBK - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The savings and loans company reported $0.68 EPS for the quarter. CF Bankshares had a return on equity of 8.71% and a net margin of 11.67%.
CF Bankshares Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, April 22nd. Investors of record on Monday, April 14th were given a $0.07 dividend. The ex-dividend date of this dividend was Monday, April 14th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.19%. CF Bankshares's dividend payout ratio (DPR) is presently 12.33%.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the company. Cutter & CO Brokerage Inc. purchased a new position in shares of CF Bankshares during the fourth quarter worth approximately $219,000. Citadel Advisors LLC purchased a new position in CF Bankshares during the 4th quarter worth $251,000. Jane Street Group LLC acquired a new position in CF Bankshares in the first quarter valued at $263,000. 683 Capital Management LLC purchased a new stake in shares of CF Bankshares in the fourth quarter valued at about $340,000. Finally, Millennium Management LLC purchased a new stake in shares of CF Bankshares in the fourth quarter valued at about $395,000. Institutional investors and hedge funds own 41.06% of the company's stock.
CF Bankshares Company Profile
(
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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.
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