Capitol Federal Financial (NASDAQ:CFFN) Trading Down 3.2%

Capitol Federal Financial, Inc. (NASDAQ:CFFN)’s share price was down 3.2% on Wednesday . The stock traded as low as $5.41 and last traded at $5.41. Approximately 315,254 shares were traded during trading, a decline of 64% from the average daily volume of 882,825 shares. The stock had previously closed at $5.59.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on CFFN shares. Keefe, Bruyette & Woods restated a “market perform” rating and set a $6.00 price objective (down previously from $7.00) on shares of Capitol Federal Financial in a research report on Thursday, April 25th. Piper Sandler lowered their price objective on shares of Capitol Federal Financial from $6.00 to $5.50 and set a “neutral” rating on the stock in a research report on Thursday, April 25th. Finally, StockNews.com upgraded shares of Capitol Federal Financial from a “sell” rating to a “hold” rating in a research report on Monday.

Capitol Federal Financial Stock Performance

The company has a market cap of $723.50 million, a PE ratio of -5.76 and a beta of 0.50. The business’s 50-day moving average is $5.17 and its 200 day moving average is $5.66. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.34 and a current ratio of 1.34.

Capitol Federal Financial (NASDAQ:CFFN) last issued its earnings results on Wednesday, April 24th. The savings and loans company reported $0.11 EPS for the quarter, hitting analysts’ consensus estimates of $0.11. Capitol Federal Financial had a negative net margin of 33.99% and a positive return on equity of 3.85%. The company had revenue of $45.96 million for the quarter, compared to analysts’ expectations of $47.23 million. On average, equities research analysts predict that Capitol Federal Financial, Inc. will post 0.42 EPS for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 17th. Shareholders of record on Friday, May 3rd were given a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a dividend yield of 6.28%. The ex-dividend date of this dividend was Thursday, May 2nd. Capitol Federal Financial’s payout ratio is -36.17%.

Insider Activity

In related news, Director Jeffrey M. Johnson bought 10,000 shares of the business’s stock in a transaction dated Thursday, June 6th. The shares were purchased at an average price of $5.12 per share, with a total value of $51,200.00. Following the purchase, the director now owns 97,900 shares of the company’s stock, valued at approximately $501,248. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 2.20% of the company’s stock.

Institutional Investors Weigh In On Capitol Federal Financial

Hedge funds have recently bought and sold shares of the business. New York State Common Retirement Fund raised its holdings in Capitol Federal Financial by 3.4% in the fourth quarter. New York State Common Retirement Fund now owns 50,800 shares of the savings and loans company’s stock worth $328,000 after buying an additional 1,658 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of Capitol Federal Financial by 23.9% during the fourth 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. Financial Counselors Inc. raised its holdings in shares of Capitol Federal Financial by 8.2% during the fourth quarter. Financial Counselors Inc. now owns 27,391 shares of the savings and loans company’s stock valued at $177,000 after purchasing an additional 2,070 shares during the last quarter. Midwest Financial Group LLC raised its holdings in shares of Capitol Federal Financial by 4.9% during the fourth quarter. Midwest Financial Group LLC now owns 58,610 shares of the savings and loans company’s stock valued at $378,000 after purchasing an additional 2,750 shares during the last quarter. Finally, GAMMA Investing LLC purchased a new position in shares of Capitol Federal Financial during the fourth quarter valued at approximately $25,000. Institutional investors own 88.51% of the company’s stock.

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.