StockNews.com Downgrades Capitol Federal Financial (NASDAQ:CFFN) to Sell

StockNews.com lowered shares of Capitol Federal Financial (NASDAQ:CFFN) from a hold rating to a sell rating in a report released on Tuesday.

Other research analysts have also issued reports about the stock. Piper Sandler decreased their price target on shares of Capitol Federal Financial from $6.00 to $5.50 and set a neutral rating for the company in a report on Thursday, April 25th. Keefe, Bruyette & Woods reaffirmed a market perform rating and issued a $6.00 price target (down from $7.00) on shares of Capitol Federal Financial in a report on Thursday, April 25th.

Capitol Federal Financial Trading Down 0.9 %

NASDAQ CFFN opened at $5.80 on Tuesday. Capitol Federal Financial has a one year low of $4.22 and a one year high of $6.88. The company has a 50-day simple moving average of $5.26 and a 200-day simple moving average of $5.61. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.34 and a current ratio of 1.34. The firm has a market capitalization of $775.65 million, a PE ratio of -6.17 and a beta of 0.50.

Capitol Federal Financial (NASDAQ:CFFN) last posted its quarterly earnings results on Wednesday, April 24th. The savings and loans company reported $0.11 EPS for the quarter, meeting the consensus estimate of $0.11. Capitol Federal Financial had a negative net margin of 33.99% and a positive return on equity of 3.85%. The business had revenue of $45.96 million during the quarter, compared to analyst estimates of $47.23 million. On average, equities analysts forecast that Capitol Federal Financial will post 0.42 earnings per share for the current year.

Capitol Federal Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 17th. Shareholders of record on Friday, May 3rd were paid a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a yield of 5.86%. The ex-dividend date was Thursday, May 2nd. Capitol Federal Financial’s payout ratio is -36.17%.

Insider Buying and Selling at Capitol Federal Financial

In other news, Director Jeffrey M. Johnson bought 10,000 shares of Capitol Federal Financial stock in a transaction on Thursday, June 6th. The stock was purchased 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 approximately $501,248. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 2.20% of the stock is currently owned by company insiders.

Institutional Trading of Capitol Federal Financial

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. New York State Common Retirement Fund raised its position in shares of Capitol Federal Financial by 3.4% during the 4th 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 in the last quarter. Tower Research Capital LLC TRC raised its position in shares of Capitol Federal Financial by 23.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 10,371 shares of the savings and loans company’s stock worth $67,000 after buying an additional 2,002 shares in the last quarter. Financial Counselors Inc. raised its position in shares of Capitol Federal Financial by 8.2% during the 4th quarter. Financial Counselors Inc. now owns 27,391 shares of the savings and loans company’s stock worth $177,000 after buying an additional 2,070 shares in the last quarter. Midwest Financial Group LLC raised 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 buying an additional 2,750 shares in the last quarter. Finally, GAMMA Investing LLC bought a new stake in shares of Capitol Federal Financial during the 4th quarter worth about $25,000. 88.51% of the stock is currently owned by institutional investors.

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.