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 $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.02, Yahoo Finance reports. The company had revenue of $101.65 million during the quarter, compared to the consensus estimate of $45.40 million. Capitol Federal Financial had a negative net margin of 33.33% and a positive return on equity of 4.02%. During the same quarter in the previous year, the company posted $0.04 earnings per share.

Capitol Federal Financial Price Performance

Shares of Capitol Federal Financial stock traded down $0.19 on Friday, hitting $6.51. The company had a trading volume of 1,097,582 shares, compared to its average volume of 856,940. Capitol Federal Financial has a 52 week low of $4.53 and a 52 week high of $6.82. The company has a debt-to-equity ratio of 2.25, a current ratio of 1.34 and a quick ratio of 1.34. The company has a market cap of $870.60 million, a PE ratio of -6.93 and a beta of 0.49. The business has a 50-day simple moving average of $5.89 and a 200-day simple moving average of $5.60.

Capitol Federal Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, November 1st will be paid a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a dividend yield of 5.22%. The ex-dividend date is Friday, November 1st. Capitol Federal Financial’s dividend payout ratio is currently -36.17%.

Analyst Ratings Changes

CFFN has been the topic of several recent research reports. StockNews.com upgraded shares of Capitol Federal Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, July 17th. Keefe, Bruyette & Woods increased their price objective on Capitol Federal Financial from $6.00 to $6.50 and gave the stock a “market perform” rating in a report on Thursday, July 25th. Finally, Piper Sandler lifted their target price on Capitol Federal Financial from $6.50 to $7.00 and gave the company a “neutral” rating in a research note on Thursday.

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.