Capitol Federal Financial (NASDAQ:CFFN) Price Target Increased to $6.50 by Analysts at Keefe, Bruyette & Woods

Capitol Federal Financial (NASDAQ:CFFN) had its target price increased by Keefe, Bruyette & Woods from $6.00 to $6.50 in a research report report published on Thursday morning, Benzinga reports. The brokerage currently has a market perform rating on the savings and loans company’s stock.

Other analysts have also recently issued reports about the company. StockNews.com raised Capitol Federal Financial from a sell rating to a hold rating in a research note on Wednesday, July 17th. Piper Sandler increased their price objective on shares of Capitol Federal Financial from $5.50 to $7.00 and gave the stock a neutral rating in a research report on Thursday.

Capitol Federal Financial Price Performance

Shares of CFFN stock opened at $6.48 on Thursday. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 2.25. Capitol Federal Financial has a 12-month low of $4.22 and a 12-month high of $6.87. The firm has a fifty day moving average of $5.51 and a 200-day moving average of $5.60. The firm has a market capitalization of $866.57 million, a price-to-earnings ratio of -6.89 and a beta of 0.50.

Capitol Federal Financial (NASDAQ:CFFN) last posted its earnings results 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 business had revenue of $99.70 million for the quarter, compared to the consensus estimate of $47.23 million. During the same quarter in the prior year, the firm posted $0.06 earnings per share. On average, equities research analysts forecast that Capitol Federal Financial will post 0.35 earnings per share for the current year.

Capitol Federal Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 16th. Investors of record on Friday, August 2nd will be issued a dividend of $0.085 per share. The ex-dividend date of this dividend is Thursday, August 1st. This represents a $0.34 dividend on an annualized basis and a dividend yield of 5.25%. Capitol Federal Financial’s payout ratio is presently -36.17%.

Insider Buying and Selling at Capitol Federal Financial

In other Capitol Federal Financial news, Director Jeffrey M. Johnson purchased 10,000 shares of the firm’s stock in a transaction dated Thursday, June 6th. The stock was bought at an average cost of $5.12 per share, with a total value of $51,200.00. Following the purchase, the director now directly owns 97,900 shares of the company’s stock, valued at $501,248. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 2.20% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. SG Americas Securities LLC boosted its stake in shares of Capitol Federal Financial by 118.8% during the 4th quarter. SG Americas Securities LLC now owns 23,365 shares of the savings and loans company’s stock worth $151,000 after buying an additional 12,688 shares during the last quarter. Assenagon Asset Management S.A. grew its stake in Capitol Federal Financial by 17.4% in the fourth quarter. Assenagon Asset Management S.A. now owns 327,818 shares of the savings and loans company’s stock valued at $2,114,000 after purchasing an additional 48,485 shares in the last quarter. Midwest Financial Group LLC increased its position in shares of Capitol Federal Financial by 4.9% during the 4th quarter. Midwest Financial Group LLC now owns 58,610 shares of the savings and loans company’s stock worth $378,000 after purchasing an additional 2,750 shares during the last quarter. Nisa Investment Advisors LLC raised its stake in shares of Capitol Federal Financial by 172.8% during the 4th quarter. Nisa Investment Advisors LLC now owns 7,830 shares of the savings and loans company’s stock worth $51,000 after purchasing an additional 4,960 shares in the last quarter. Finally, Sequoia Financial Advisors LLC acquired a new stake in shares of Capitol Federal Financial in the 4th quarter valued at approximately $127,000. 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.