Capitol Federal Financial (NASDAQ:CFFN) Stock Breaks Above Fifty Day Moving Average - Should You Sell?

Key Points

• Capitol Federal Financial shares moved above their 50-day moving average, reaching $8.68 and last trading at $8.62, compared with a 50-day average of $8.55.
• Analyst sentiment is moderately bullish, with an average rating of “Moderate Buy” and an average price target of $9.25; individual targets range from $9.50 to $10.00.
• The company met quarterly EPS expectations at $0.18, while revenue slightly missed estimates, and it declared a quarterly dividend of $0.085, representing a 3.9% annualized yield.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) shares crossed above its 50 day moving average during trading on Monday. The stock has a 50 day moving average of $8.55 and traded as high as $8.68. Capitol Federal Financial shares last traded at $8.62, with a volume of 1,052,288 shares trading hands.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Weiss Ratings lowered Capitol Federal Financial from a "buy (b)" rating to a "buy (b-)" rating in a research note on Thursday, October 15th. Piper Sandler boosted their target price on shares of Capitol Federal Financial from $8.50 to $9.50 and gave the company a "neutral" rating in a research note on Monday, August 3rd. Benchmark assumed coverage on shares of Capitol Federal Financial in a report on Wednesday, July 8th. They issued a "buy" rating and a $10.00 price target on the stock. Finally, New Street Research set a $10.00 price target on shares of Capitol Federal Financial in a research note on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $9.25.

Capitol Federal Financial Price Performance

The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 1.60. The firm's 50-day moving average price is $8.55 and its two-hundred day moving average price is $7.99. The stock has a market cap of $1.08 billion, a PE ratio of 12.49 and a beta of 0.70.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last issued its quarterly earnings data on Wednesday, October 28th. The savings and loans company reported $0.18 EPS for the quarter, hitting analysts' consensus estimates of $0.18. The company had revenue of $60.86 million during the quarter, compared to the consensus estimate of $61.12 million. Capitol Federal Financial had a net margin of 19.39% and a return on equity of 8.39%.

Capitol Federal Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 20th. Stockholders of record on Friday, November 6th will be issued a $0.0850 dividend. The ex-dividend date is Friday, November 6th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 3.9%. Capitol Federal Financial's dividend payout ratio (DPR) is currently 49.28%.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in CFFN. Vise Technologies Inc. purchased a new stake in Capitol Federal Financial during the third quarter valued at approximately $131,000. Moss Adams Wealth Advisors LLC acquired a new stake in Capitol Federal Financial in the third quarter valued at approximately $235,000. State of Wyoming purchased a new position in Capitol Federal Financial in the third quarter worth $134,000. VIRGINIA RETIREMENT SYSTEMS ET Al grew its holdings in Capitol Federal Financial by 73.0% in the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 130,800 shares of the savings and loans company's stock worth $1,079,000 after purchasing an additional 55,200 shares during the last quarter. Finally, GAMMA Investing LLC grew its holdings in Capitol Federal Financial by 25.3% in the third quarter. GAMMA Investing LLC now owns 14,533 shares of the savings and loans company's stock worth $120,000 after purchasing an additional 2,938 shares during the last quarter. 88.51% of the stock is owned by institutional investors.

About Capitol Federal Financial

Capitol Federal Financial, Inc is the holding company for Capitol Federal Savings Bank, a federally chartered savings bank headquartered in Topeka, Kansas. The bank primarily provides residential mortgage lending, including loans for the purchase and refinancing of single-family homes, along with commercial real estate, construction, consumer, and other lending products.

Capitol Federal Savings Bank also offers deposit services such as checking and savings accounts, money market accounts, certificates of deposit, and other transaction and savings products.

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