Short Interest in Capitol Federal Financial, Inc. (NASDAQ:CFFN) Increases By 6.3%

Capitol Federal Financial, Inc. (NASDAQ:CFFN) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 3,370,000 shares, an increase of 6.3% from the October 31st total of 3,170,000 shares. Currently, 2.7% of the company’s shares are sold short. Based on an average trading volume of 703,300 shares, the days-to-cover ratio is presently 4.8 days.

Capitol Federal Financial Trading Up 1.2 %

NASDAQ CFFN opened at $6.69 on Thursday. The firm’s 50-day moving average is $6.36 and its two-hundred day moving average is $5.91. Capitol Federal Financial has a 12 month low of $4.76 and a 12 month high of $7.20. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.31 and a quick ratio of 1.34. The stock has a market capitalization of $888.23 million, a P/E ratio of 22.79 and a beta of 0.48.

Capitol Federal Financial (NASDAQ:CFFN) last posted its earnings results on Wednesday, October 23rd. The savings and loans company reported $0.09 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.02. Capitol Federal Financial had a net margin of 9.95% and a return on equity of 4.69%. The company had revenue of $101.65 million for the quarter, compared to analysts’ expectations of $45.40 million. During the same quarter in the prior year, the company posted $0.04 earnings per share. On average, sell-side analysts anticipate that Capitol Federal Financial will post 0.45 earnings per share for the current year.

Capitol Federal Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 1st were given a $0.085 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $0.34 dividend on an annualized basis and a yield of 5.08%. Capitol Federal Financial’s payout ratio is currently 117.25%.

Insider Activity

In other news, Director James G. Morris purchased 15,000 shares of the stock in a transaction dated Monday, December 2nd. The shares were purchased at an average price of $6.84 per share, with a total value of $102,600.00. Following the transaction, the director now owns 85,995 shares in the company, valued at $588,205.80. The trade was a 21.13 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 2.20% of the company’s stock.

Institutional Trading of Capitol Federal Financial

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Barclays PLC increased its stake in Capitol Federal Financial by 71.3% during the third quarter. Barclays PLC now owns 271,769 shares of the savings and loans company’s stock worth $1,587,000 after purchasing an additional 113,106 shares during the period. Y Intercept Hong Kong Ltd increased its stake in Capitol Federal Financial by 57.9% during the third quarter. Y Intercept Hong Kong Ltd now owns 124,976 shares of the savings and loans company’s stock worth $730,000 after purchasing an additional 45,827 shares during the period. XTX Topco Ltd increased its stake in Capitol Federal Financial by 382.2% during the third quarter. XTX Topco Ltd now owns 56,352 shares of the savings and loans company’s stock worth $329,000 after purchasing an additional 44,666 shares during the period. EP Wealth Advisors LLC purchased a new stake in Capitol Federal Financial during the third quarter worth about $66,000. Finally, Stifel Financial Corp increased its stake in Capitol Federal Financial by 9.4% during the third quarter. Stifel Financial Corp now owns 66,067 shares of the savings and loans company’s stock worth $386,000 after purchasing an additional 5,673 shares during the period. 88.51% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler boosted their price target on shares of Capitol Federal Financial from $6.50 to $7.00 and gave the company a “neutral” rating in a research report on Thursday, October 24th.

Capitol Federal Financial Company Profile

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.