Capitol Federal Financial (NASDAQ:CFFN) Issues Quarterly Earnings Results

Capitol Federal Financial (NASDAQ:CFFN) posted its earnings results on Wednesday. The savings and loans company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.02, Yahoo Finance reports. The company had revenue of $101.65 million for the quarter, compared to analysts’ expectations 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 period last year, the business posted $0.04 earnings per share.

Capitol Federal Financial Price Performance

NASDAQ:CFFN traded down $0.19 during midday trading on Friday, hitting $6.51. 1,097,582 shares of the stock were exchanged, compared to its average volume of 856,940. The business has a 50-day moving average price of $5.89 and a two-hundred day moving average price of $5.60. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 2.25. The company has a market capitalization of $870.60 million, a price-to-earnings ratio of -6.93 and a beta of 0.49. Capitol Federal Financial has a one year low of $4.53 and a one year high of $6.82.

Capitol Federal Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Friday, November 1st will be paid a dividend of $0.085 per share. The ex-dividend date is Friday, November 1st. This represents a $0.34 dividend on an annualized basis and a dividend yield of 5.22%. Capitol Federal Financial’s dividend payout ratio is presently -36.17%.

Wall Street Analyst Weigh In

CFFN has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods lifted their price target on Capitol Federal Financial from $6.00 to $6.50 and gave the company a “market perform” rating in a report on Thursday, July 25th. StockNews.com raised Capitol Federal Financial from a “sell” rating to a “hold” rating in a research note on Wednesday, July 17th. Finally, Piper Sandler increased their price target on Capitol Federal Financial from $6.50 to $7.00 and gave the stock a “neutral” rating in a research note on Thursday.

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.