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

Capitol Federal Financial (NASDAQ:CFFN) announced its quarterly earnings data 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 for the quarter, compared to analyst estimates of $47.23 million. During the same quarter in the prior year, the firm earned $0.06 earnings per share.

Capitol Federal Financial Stock Performance

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

Capitol Federal Financial Announces Dividend

The business also recently declared 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. The ex-dividend date of this dividend is Thursday, August 1st. This represents a $0.34 annualized dividend and a dividend yield of 5.25%. Capitol Federal Financial’s dividend payout ratio (DPR) is presently -36.17%.

Wall Street Analysts Forecast Growth

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

Insider Activity at Capitol Federal Financial

In related news, Director Jeffrey M. Johnson acquired 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 6th. The stock was acquired at an average cost of $5.12 per share, for a total transaction of $51,200.00. Following the completion of the acquisition, the director now directly owns 97,900 shares of the company’s stock, valued at approximately $501,248. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 2.20% of the stock is currently owned by company 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.