Capitol Federal Financial (NASDAQ:CFFN) Posts Earnings Results, Beats Expectations By $0.01 EPS

Capitol Federal Financial (NASDAQ:CFFN) released its quarterly earnings results on Wednesday. The savings and loans company reported $0.12 EPS for the quarter, beating the consensus estimate 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 NASDAQ CFFN traded up $0.18 during midday trading on Wednesday, reaching $5.89. 87,597 shares of the company were exchanged, compared to its average volume of 710,146. The stock has a fifty day simple moving average of $6.16 and a 200 day simple moving average of $6.12. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 2.11. The stock has a market cap of $781.48 million, a P/E ratio of 20.29 and a beta of 0.51. 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 firm also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, February 7th will be paid a dividend of $0.085 per share. This represents a $0.34 annualized dividend and a dividend yield of 5.78%. Capitol Federal Financial’s dividend payout ratio (DPR) is 117.25%.

Analyst Ratings Changes

Separately, Piper Sandler boosted their target price on Capitol Federal Financial from $6.50 to $7.00 and gave the company a “neutral” rating in a report on Thursday, October 24th.

Insider Buying and Selling at Capitol Federal Financial

In other news, Director James G. Morris bought 15,000 shares of Capitol Federal Financial stock in a transaction dated Monday, December 2nd. The stock was bought at an average price of $6.84 per share, for a total transaction of $102,600.00. Following the purchase, the director now owns 85,995 shares of the company’s stock, valued at approximately $588,205.80. The trade was a 21.13 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. 3.20% of the stock is owned by company insiders.

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.