Capitol Federal Financial (NASDAQ:CFFN) Posts Earnings Results, Beats Estimates By $0.04 EPS

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

Capitol Federal Financial Stock Up 1.4 %

CFFN traded up $0.09 on Friday, hitting $6.49. 207,571 shares of the company’s stock traded hands, compared to its average volume of 800,234. Capitol Federal Financial has a one year low of $4.22 and a one year high of $8.79. 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 Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 16th. Investors of record on Friday, February 2nd will be given a dividend of $0.085 per share. This represents a $0.34 annualized dividend and a dividend yield of 5.24%. The ex-dividend date of this dividend is Thursday, February 1st. Capitol Federal Financial’s dividend payout ratio is currently -36.17%.

Wall Street Analyst Weigh In

CFFN has been the subject of a number of recent research reports. TheStreet downgraded shares of Capitol Federal Financial from a “c” rating to a “d+” rating in a research report on Monday, October 16th. StockNews.com raised shares of Capitol Federal Financial to a “sell” rating in a report on Tuesday. Finally, Piper Sandler reduced their price objective on shares of Capitol Federal Financial from $5.50 to $5.00 and set a “neutral” rating for the company in a research note on Thursday, October 26th.

Check Out Our Latest Stock Analysis on CFFN

Insiders Place Their Bets

In related news, Director Jeffrey M. Johnson acquired 7,000 shares of Capitol Federal Financial stock in a transaction dated Monday, October 30th. The shares were purchased at an average price of $5.08 per share, for a total transaction of $35,560.00. Following the completion of the transaction, the director now directly owns 87,900 shares in the company, valued at approximately $446,532. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, Director Jeffrey M. Johnson acquired 7,000 shares of the business’s stock in a transaction dated Monday, October 30th. The stock was purchased at an average price of $5.08 per share, for a total transaction of $35,560.00. Following the completion of the transaction, the director now directly owns 87,900 shares in the company, valued at approximately $446,532. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, EVP Anthony S. Barry bought 12,000 shares of the firm’s stock in a transaction that occurred on Monday, October 30th. The stock was purchased at an average price of $5.03 per share, for a total transaction of $60,360.00. Following the completion of the transaction, the executive vice president now directly owns 54,477 shares of the company’s stock, valued at approximately $274,019.31. The disclosure for this purchase can be found here. Insiders acquired 19,500 shares of company stock worth $98,460 in the last three months. 2.20% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. BlackRock Inc. increased its stake in Capitol Federal Financial by 1.0% during the third quarter. BlackRock Inc. now owns 20,405,169 shares of the savings and loans company’s stock worth $169,364,000 after acquiring an additional 208,649 shares during the last quarter. Vanguard Group Inc. lifted its position in Capitol Federal Financial by 0.5% in the third quarter. Vanguard Group Inc. now owns 15,526,985 shares of the savings and loans company’s stock worth $128,874,000 after buying an additional 76,027 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Capitol Federal Financial by 9.2% in the first 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 during the last quarter. State Street Corp boosted its stake in Capitol Federal Financial by 3.3% during the second quarter. State Street Corp now owns 6,545,003 shares of the savings and loans company’s stock worth $40,383,000 after buying an additional 206,098 shares during the period. Finally, Renaissance Technologies LLC raised its stake in shares of Capitol Federal Financial by 3.3% in the first quarter. Renaissance Technologies LLC now owns 4,646,076 shares of the savings and loans company’s stock valued at $31,268,000 after acquiring an additional 149,700 shares during the period. 78.25% of the stock is owned by hedge funds and other institutional investors.

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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