Capitol Federal Financial, Inc. (NASDAQ:CFFN) Posts Quarterly Earnings Results, Meets Estimates

Capitol Federal Financial, Inc. (NASDAQ:CFFN) released its quarterly earnings data on Thursday, July 27th. The savings and loans company reported $0.16 EPS for the quarter, meeting analysts’ consensus estimates of $0.16, RTT News reports. Capitol Federal Financial had a net margin of 25.51% and a return on equity of 6.10%. The company had revenue of $54.82 million during the quarter, compared to analyst estimates of $54.30 million. During the same period last year, the business earned $0.15 earnings per share.

Shares of Capitol Federal Financial (NASDAQ CFFN) traded down 0.14% during mid-day trading on Tuesday, hitting $13.90. 322,315 shares of the stock were exchanged. The firm has a market cap of $1.87 billion, a P/E ratio of 22.10 and a beta of 0.45. The stock’s 50 day moving average is $14.04 and its 200 day moving average is $14.58. Capitol Federal Financial has a 12 month low of $13.55 and a 12 month high of $17.04.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 18th. Shareholders of record on Friday, August 4th will be given a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date of this dividend is Wednesday, August 2nd. Capitol Federal Financial’s payout ratio is currently 53.97%.

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A number of research firms have recently commented on CFFN. Zacks Investment Research upgraded shares of Capitol Federal Financial from a “hold” rating to a “buy” rating and set a $16.00 price objective for the company in a research report on Tuesday, May 2nd. BidaskClub upgraded shares of Capitol Federal Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, August 2nd.

Several institutional investors have recently made changes to their positions in the stock. Quantbot Technologies LP purchased a new position in shares of Capitol Federal Financial during the first quarter valued at approximately $126,000. Paloma Partners Management Co purchased a new position in shares of Capitol Federal Financial during the first quarter valued at approximately $203,000. Barber Financial Group Inc. raised its position in shares of Capitol Federal Financial by 7.6% in the second quarter. Barber Financial Group Inc. now owns 14,625 shares of the savings and loans company’s stock valued at $208,000 after buying an additional 1,036 shares in the last quarter. Prudential Financial Inc. raised its position in shares of Capitol Federal Financial by 7.0% in the second quarter. Prudential Financial Inc. now owns 14,881 shares of the savings and loans company’s stock valued at $211,000 after buying an additional 980 shares in the last quarter. Finally, Guggenheim Capital LLC raised its position in shares of Capitol Federal Financial by 3.0% in the fourth quarter. Guggenheim Capital LLC now owns 14,930 shares of the savings and loans company’s stock valued at $246,000 after buying an additional 432 shares in the last quarter. Hedge funds and other institutional investors own 75.45% of the company’s stock.

Capitol Federal Financial Company Profile

Capitol Federal Financial, Inc is the savings and loan holding company. The Company provides a range of retail banking services, through its subsidiary, Capitol Federal Savings Bank (the Bank), a federal savings bank that serves primarily the metropolitan areas of Topeka, Wichita, Lawrence, Manhattan, Emporia and Salina, Kansas and portions of the metropolitan area of greater Kansas City.

Earnings History for Capitol Federal Financial (NASDAQ:CFFN)

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