Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) posted its quarterly earnings data on Wednesday. The savings and loans company reported $0.12 earnings per share for the quarter, beating analysts' consensus estimates of $0.11 by $0.01, Zacks reports. Capitol Federal Financial had a net margin of 9.95% and a return on equity of 4.69%.
Capitol Federal Financial Stock Performance
Shares of Capitol Federal Financial stock remained flat at $5.86 on Thursday. 658,661 shares of the stock traded hands, compared to its average volume of 749,524. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.31 and a current ratio of 1.31. The stock has a market cap of $778.03 million, a P/E ratio of 20.21 and a beta of 0.51. The company has a 50 day moving average of $6.14 and a 200 day moving average of $6.11. Capitol Federal Financial has a 1 year low of $4.76 and a 1 year high of $7.20.
Capitol Federal Financial Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, February 7th will be paid a $0.085 dividend. The ex-dividend date is Friday, February 7th. This represents a $0.34 dividend on an annualized basis and a yield of 5.80%. Capitol Federal Financial's dividend payout ratio is currently 117.25%.
Insider Buying and Selling
In other news, Director James G. Morris bought 15,000 shares of the stock in a transaction on Monday, December 2nd. The stock was acquired at an average cost of $6.84 per share, for a total transaction of $102,600.00. Following the acquisition, the director now owns 85,995 shares of the company's stock, valued at $588,205.80. This represents a 21.13 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 3.20% of the stock is owned by insiders.
Analyst Upgrades and Downgrades
Separately, Piper Sandler cut their target price on Capitol Federal Financial from $7.00 to $6.50 and set a "neutral" rating on the stock in a research note on Thursday.
View Our Latest Report on Capitol Federal Financial
About Capitol Federal Financial
(
Get Free Report)
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.
Further Reading
Before you consider Capitol Federal Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Capitol Federal Financial wasn't on the list.
While Capitol Federal Financial currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
