Capitol Federal Financial (NASDAQ:CFFN) Price Target Raised to $7.00 at Piper Sandler

Capitol Federal Financial (NASDAQ:CFFN) had its price target raised by Piper Sandler from $5.50 to $7.00 in a report released on Thursday, Benzinga reports. Piper Sandler currently has a neutral rating on the savings and loans company’s stock.

Other equities analysts also recently issued research reports about the company. Keefe, Bruyette & Woods restated a market perform rating and set a $6.00 target price (down previously from $7.00) on shares of Capitol Federal Financial in a research report on Thursday, April 25th. StockNews.com upgraded Capitol Federal Financial from a sell rating to a hold rating in a research report on Wednesday, July 17th.

Capitol Federal Financial Trading Down 3.5 %

Shares of NASDAQ:CFFN opened at $6.27 on Thursday. Capitol Federal Financial has a 1-year low of $4.22 and a 1-year high of $6.88. The business’s 50 day moving average is $5.48 and its 200-day moving average is $5.60. The company has a debt-to-equity ratio of 2.25, a current ratio of 1.34 and a quick ratio of 1.34.

Capitol Federal Financial (NASDAQ:CFFN) last announced its quarterly earnings data on Wednesday, July 24th. The savings and loans company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.04). Capitol Federal Financial had a positive return on equity of 4.02% and a negative net margin of 33.33%. The firm had revenue of $99.70 million for the quarter, compared to analyst estimates of $47.23 million. During the same period in the previous year, the business posted $0.06 EPS. As a group, sell-side analysts expect that Capitol Federal Financial will post 0.42 EPS for the current fiscal year.

Capitol Federal Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 16th. Investors of record on Friday, August 2nd will be given 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 5.42%. Capitol Federal Financial’s dividend payout ratio (DPR) is presently -36.17%.

Insider Buying and Selling

In related news, Director Jeffrey M. Johnson bought 10,000 shares of the business’s stock in a transaction that occurred on Thursday, June 6th. The stock was acquired 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 of the company’s stock, valued at $501,248. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.20% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Capitol Federal Financial

Several institutional investors have recently bought and sold shares of CFFN. GAMMA Investing LLC bought a new position in Capitol Federal Financial in the 4th quarter valued at $25,000. CWM LLC raised its position in Capitol Federal Financial by 922.8% in the 4th quarter. CWM LLC now owns 4,981 shares of the savings and loans company’s stock valued at $32,000 after purchasing an additional 4,494 shares during the last quarter. Nisa Investment Advisors LLC raised its position in Capitol Federal Financial by 172.8% in the 4th quarter. Nisa Investment Advisors LLC now owns 7,830 shares of the savings and loans company’s stock valued at $51,000 after purchasing an additional 4,960 shares during the last quarter. EntryPoint Capital LLC bought a new position in Capitol Federal Financial in the 1st quarter valued at $62,000. Finally, Tower Research Capital LLC TRC raised its position in Capitol Federal Financial by 23.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 10,371 shares of the savings and loans company’s stock valued at $67,000 after purchasing an additional 2,002 shares during the last quarter. Institutional investors own 88.51% of the company’s stock.

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.