Capitol Federal Financial (NASDAQ:CFFN) Issues Earnings Results

Capitol Federal Financial (NASDAQ:CFFNGet Free Report) released its earnings results on Tuesday. The savings and loans company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.04, MarketWatch Earnings reports. The firm had revenue of $82.80 million for the quarter, compared to analysts’ expectations of $40.45 million. Capitol Federal Financial had a positive return on equity of 3.83% and a negative net margin of 34.17%. During the same quarter in the prior year, the firm posted $0.12 earnings per share.

Capitol Federal Financial Stock Performance

NASDAQ CFFN traded up $0.11 during midday trading on Friday, hitting $6.51. 151,388 shares of the company traded hands, compared to its average volume of 797,560. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 2.76. The company’s 50-day simple moving average is $6.00 and its 200-day simple moving average is $5.69. Capitol Federal Financial has a 52 week low of $4.22 and a 52 week high of $8.79.

Capitol Federal Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 16th. Shareholders of record on Friday, February 2nd will be given a dividend of $0.085 per share. The ex-dividend date of this dividend is Thursday, February 1st. This represents a $0.34 annualized dividend and a yield of 5.22%. Capitol Federal Financial’s dividend payout ratio (DPR) is presently -36.17%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on CFFN shares. Piper Sandler dropped their price objective on Capitol Federal Financial from $5.50 to $5.00 and set a “neutral” rating on the stock in a research note on Thursday, October 26th. StockNews.com raised Capitol Federal Financial to a “sell” rating in a research note on Tuesday. Finally, TheStreet cut Capitol Federal Financial from a “c” rating to a “d+” rating in a research note on Monday, October 16th.

Get Our Latest Research Report on Capitol Federal Financial

Insider Buying and Selling at Capitol Federal Financial

In related news, EVP Anthony S. Barry bought 12,000 shares of the company’s stock in a transaction on Monday, October 30th. The shares were acquired at an average price of $5.03 per share, with a total value of $60,360.00. Following the transaction, the executive vice president now owns 54,477 shares of the company’s stock, valued at $274,019.31. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, EVP Anthony S. Barry purchased 12,000 shares of the stock in a transaction on Monday, October 30th. The stock was bought at an average price of $5.03 per share, with a total value of $60,360.00. Following the transaction, the executive vice president now owns 54,477 shares in the company, valued at approximately $274,019.31. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jeffrey M. Johnson purchased 7,000 shares of the stock in a transaction on Monday, October 30th. The shares were purchased at an average cost of $5.08 per share, with a total value of $35,560.00. Following the transaction, the director now owns 87,900 shares in the company, valued at approximately $446,532. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 19,500 shares of company stock valued at $98,460. 2.20% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Capitol Federal Financial

Several institutional investors and hedge funds have recently modified their holdings of the business. Goldman Sachs Group Inc. increased its stake in Capitol Federal Financial by 1,009.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,687,460 shares of the savings and loans company’s stock worth $18,359,000 after buying an additional 1,535,389 shares in the last quarter. State Street Corp increased its stake in Capitol Federal Financial by 24.5% during the 1st quarter. State Street Corp now owns 6,338,905 shares of the savings and loans company’s stock worth $42,661,000 after buying an additional 1,247,051 shares in the last quarter. Norges Bank purchased a new stake in Capitol Federal Financial during the 4th quarter worth approximately $10,243,000. Dimensional Fund Advisors LP increased its stake in Capitol Federal Financial by 9.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 7,743,317 shares of the savings and loans company’s stock worth $52,113,000 after buying an additional 654,200 shares in the last quarter. Finally, First Trust Advisors LP increased its stake in Capitol Federal Financial by 181.3% during the 1st quarter. First Trust Advisors LP now owns 735,805 shares of the savings and loans company’s stock worth $4,952,000 after buying an additional 474,236 shares in the last quarter. Hedge funds and other institutional investors own 78.25% of the company’s stock.

About Capitol Federal Financial

(Get Free Report)

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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Earnings History for Capitol Federal Financial (NASDAQ:CFFN)

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