Capitol Federal Financial (NASDAQ:CFFN) Announces Quarterly Earnings Results

Capitol Federal Financial (NASDAQ:CFFN) announced its quarterly earnings results on Wednesday. The savings and loans company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.04), Zacks reports. Capitol Federal Financial had a negative net margin of 33.33% and a positive return on equity of 4.02%. The firm had revenue of $99.70 million during the quarter, compared to the consensus estimate of $47.23 million. During the same period in the previous year, the business earned $0.06 earnings per share.

Capitol Federal Financial Stock Performance

NASDAQ CFFN opened at $6.48 on Friday. Capitol Federal Financial has a 52-week low of $4.22 and a 52-week high of $6.87. The company has a debt-to-equity ratio of 2.25, a quick ratio of 1.34 and a current ratio of 1.34. The company has a market capitalization of $866.59 million, a P/E ratio of -6.89 and a beta of 0.50. The company has a fifty day moving average of $5.51 and a 200-day moving average of $5.61.

Capitol Federal Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 16th. Stockholders of record on Friday, August 2nd will be issued a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a dividend yield of 5.25%. The ex-dividend date is Thursday, August 1st. Capitol Federal Financial’s dividend payout ratio is currently -36.17%.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Keefe, Bruyette & Woods raised their price target on shares of Capitol Federal Financial from $6.00 to $6.50 and gave the company a “market perform” rating in a report on Thursday. Piper Sandler lifted their price objective on shares of Capitol Federal Financial from $5.50 to $7.00 and gave the stock a “neutral” rating in a report on Thursday. Finally, StockNews.com raised shares of Capitol Federal Financial from a “sell” rating to a “hold” rating in a report on Wednesday, July 17th.

Insider Buying and Selling

In other Capitol Federal Financial news, Director Jeffrey M. Johnson bought 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 6th. The shares were bought at an average price of $5.12 per share, for a total transaction of $51,200.00. Following the transaction, the director now directly owns 97,900 shares in the company, valued at $501,248. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.20% of the stock is owned by corporate insiders.

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.