Capitol Federal Financial (NASDAQ:CFFN) Issues Earnings Results

Capitol Federal Financial (NASDAQ:CFFN) announced its quarterly earnings results on Wednesday. The savings and loans company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.04), Zacks reports. Capitol Federal Financial had a positive return on equity of 3.85% and a negative net margin of 33.99%. The business had revenue of $99.70 million for the quarter, compared to analyst estimates of $47.23 million. During the same quarter last year, the firm posted $0.06 EPS.

Capitol Federal Financial Trading Down 3.5 %

Shares of NASDAQ CFFN traded down $0.23 during mid-day trading on Thursday, hitting $6.27. 1,174,510 shares of the company traded hands, compared to its average volume of 889,767. Capitol Federal Financial has a 1 year low of $4.22 and a 1 year high of $6.88. The stock has a market capitalization of $838.49 million, a price-to-earnings ratio of -6.67 and a beta of 0.50. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 2.29. The business has a 50 day moving average of $5.48 and a two-hundred day moving average of $5.60.

Capitol Federal Financial Dividend Announcement

The company 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 $0.085 dividend. The ex-dividend date is Friday, August 2nd. This represents a $0.34 annualized dividend and a dividend yield of 5.42%. Capitol Federal Financial’s dividend payout ratio (DPR) is -36.17%.

Analyst Ratings Changes

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

Insider Activity

In related news, Director Jeffrey M. Johnson bought 10,000 shares of Capitol Federal Financial stock in a transaction dated Thursday, June 6th. The stock was acquired at an average cost of $5.12 per share, with a total value of $51,200.00. Following the completion of the acquisition, the director now directly owns 97,900 shares in the company, valued at approximately $501,248. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.20% of the stock is currently owned by company insiders.

About Capitol Federal Financial

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.