Capitol Federal Financial (NASDAQ:CFFN) Issues Earnings Results

Capitol Federal Financial (NASDAQ:CFFN) announced its quarterly earnings data on Wednesday. The savings and loans company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.07 by $0.02, Yahoo Finance reports. The business had revenue of $101.65 million during the quarter, compared to analyst estimates of $45.40 million. Capitol Federal Financial had a positive return on equity of 4.02% and a negative net margin of 33.33%. During the same quarter last year, the firm posted $0.04 earnings per share.

Capitol Federal Financial Stock Down 2.8 %

Shares of CFFN traded down $0.19 on Friday, hitting $6.51. 745,882 shares of the stock traded hands, compared to its average volume of 855,240. Capitol Federal Financial has a one year low of $4.53 and a one year high of $6.82. The company has a market capitalization of $870.60 million, a PE ratio of -6.96 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. The company has a debt-to-equity ratio of 2.25, a quick ratio of 1.34 and a current ratio of 1.34.

Capitol Federal Financial Dividend Announcement

The company also recently announced 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. The ex-dividend date is Friday, November 1st. This represents a $0.34 annualized dividend and a dividend yield of 5.22%. Capitol Federal Financial’s dividend payout ratio is presently -36.17%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on CFFN shares. StockNews.com raised shares of Capitol Federal Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, July 17th. Piper Sandler boosted their price target on Capitol Federal Financial from $6.50 to $7.00 and gave the stock a “neutral” rating in a research report on Thursday. Finally, Keefe, Bruyette & Woods raised their price objective on Capitol Federal Financial from $6.00 to $6.50 and gave the company a “market perform” rating in a research report on Thursday, July 25th.

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.