Capitol Federal Financial Inc. (NASDAQ:CFFN) shares traded 0.60% higher at $6.67 on Wall Street last session.
In accordance with the data, 2 analysts cover Capitol Federal Financial Inc. (NASDAQ:CFFN). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $7.50 and a low of $7.00, we find $7.25. Given the previous closing price of $6.63, this indicates a potential upside of 9.35 percent. CFFN stock price is now 6.42% away from the 50-day moving average and -9.49% away from the 200-day moving average. The market capitalization of the company currently stands at $902.72M.
It has been rated a hold by 2 analysts and a buy by 0. Brokers who have rated the stock have averaged $7.25 as their price target over the next twelve months.
With the price target of $15, Sidoti recently initiated with Buy rating for Capitol Federal Financial Inc. (NASDAQ: CFFN).
In other news, THOMPSON JEFFREY R, Director bought 10,000 shares of the company’s stock on May 23. The stock was bought for $60,000 at an average price of $6.00. Upon completion of the transaction, the Director now directly owns 58,353 shares in the company, valued at $0.39 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 19, Executive Vice President Jackson Rick C bought 1,800 shares of the business’s stock. A total of $10,368 was incurred on buying the stock at an average price of $5.76. This leaves the insider owning 148,438 shares of the company worth $0.99 million. Insiders disposed of 14,353 shares of company stock worth roughly $95734.51 over the past 1 year. A total of 0.50% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in CFFN stock. A new stake in Capitol Federal Financial Inc. shares was purchased by EA SERIES TRUST during the first quarter worth $1,543,000. EMPOWERED FUNDS, LLC invested $1,543,000 in shares of CFFN during the first quarter. In the first quarter, RAFFERTY ASSET MANAGEMENT, LLC acquired a new stake in Capitol Federal Financial Inc. valued at approximately $731,000. ERGOTELES LLC acquired a new stake in CFFN for approximately $640,000. HRT FINANCIAL LP purchased a new stake in CFFN valued at around $548,000 in the second quarter. In total, there are 267 active investors with 77.10% ownership of the company’s stock.
Capitol Federal Financial Inc. (NASDAQ: CFFN) opened at $6.66 on Friday. During the past 12 months, Capitol Federal Financial Inc. has had a low of $5.24 and a high of $9.77. The fifty day moving average price for CFFN is $6.29 and a two-hundred day moving average price translates $7.40 for the stock.
The latest earnings results from Capitol Federal Financial Inc. (NASDAQ: CFFN) was released for Jun, 2023. According to the Banks – Regional Company, earnings per share came in at $0.06, inline with analysts’ expectations of $0.06. This compares to $0.16 EPS in the same period last year. The net profit margin was 25.50% and return on equity was 7.20% for CFFN. The company reported revenue of $89.55 million for the quarter, compared to $64.22 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 39.43 percent. For the current quarter, analysts expect CFFN to generate $31.95M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 08/18/2023. Investors who held shares on 08/04/2023 were paid a $0.085 dividend. On an annualized basis, this represents a $0.34 dividend and a 5.10% percent yield. There was an ex-dividend date of 08/03/2023 for this dividend. In terms of dividend payout ratio, CFFN is presently at 58.70%.
Capitol Federal Financial Inc.(CFFN) 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 deposit accounts, interest-bearing and non-interest-bearing checking accounts, and certificates of deposit. It also provides various loan products, such as one- to four-family residential real estate loans, commercial real estate, commercial and industrial, and construction loans, as well as consumer loans, which include home equity, loans and lines of credit, home improvement loans, vehicle loans, and loans secured by saving deposits. In addition, the company offers mobile, telephone, and online banking services, as well as bill payment services; operates a call center; and invests in various securities. The company serves the metropolitan areas of Topeka, Wichita, Lawrence, Manhattan, Emporia, and Salina, Kansas, and a portion of the metropolitan area of greater Kansas City. Capitol Federal Financial, Inc. was founded in 1893 and is headquartered in Topeka, Kansas.
