Capitol Federal Financial Inc. (CFFN) Receives Consensus Recommendation of “Hold” from Analysts
Shares of Capitol Federal Financial Inc. (NASDAQ:CFFN) have received a consensus broker rating score of 3.00 (Hold) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a hold recommendation.
Brokers have set a twelve-month consensus target price of $17.00 for the company and are predicting that the company will post $0.16 EPS for the current quarter, according to Zacks. Zacks has also given Capitol Federal Financial an industry rank of 37 out of 265 based on the ratings given to related companies.
Several equities research analysts have recently weighed in on CFFN shares. Zacks Investment Research raised shares of Capitol Federal Financial from a “hold” rating to a “buy” rating and set a $16.00 target price for the company in a research report on Tuesday, August 2nd. Stephens assumed coverage on shares of Capitol Federal Financial in a research report on Friday, August 26th. They issued an “equal weight” rating for the company.
In related news, insider Carlton A. Ricketts sold 79,295 shares of the business’s stock in a transaction dated Thursday, November 3rd. The shares were sold at an average price of $14.43, for a total transaction of $1,144,226.85. Following the completion of the sale, the insider now owns 104,020 shares of the company’s stock, valued at approximately $1,501,008.60. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 2.60% of the company’s stock.
Several large investors have recently made changes to their positions in CFFN. Moors & Cabot Inc. increased its stake in shares of Capitol Federal Financial by 0.3% in the second quarter. Moors & Cabot Inc. now owns 16,605 shares of the company’s stock worth $233,000 after buying an additional 54 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its position in Capitol Federal Financial by 0.7% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 11,515 shares of the company’s stock worth $161,000 after buying an additional 79 shares during the last quarter. Principal Financial Group Inc. raised its position in Capitol Federal Financial by 1.0% in the third quarter. Principal Financial Group Inc. now owns 17,219 shares of the company’s stock worth $242,000 after buying an additional 178 shares during the last quarter. Prudential Financial Inc. raised its position in Capitol Federal Financial by 1.8% in the third quarter. Prudential Financial Inc. now owns 15,291 shares of the company’s stock worth $215,000 after buying an additional 270 shares during the last quarter. Finally, UBS Asset Management Americas Inc. raised its position in Capitol Federal Financial by 0.3% in the second quarter. UBS Asset Management Americas Inc. now owns 110,835 shares of the company’s stock worth $1,547,000 after buying an additional 377 shares during the last quarter. 76.16% of the stock is owned by institutional investors and hedge funds.
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Capitol Federal Financial (NASDAQ:CFFN) opened at 16.01 on Friday. Capitol Federal Financial has a one year low of $11.39 and a one year high of $16.39. The firm has a 50-day moving average of $14.93 and a 200-day moving average of $14.16. The stock has a market capitalization of $2.14 billion, a PE ratio of 25.53 and a beta of 0.39.
Capitol Federal Financial (NASDAQ:CFFN) last released its earnings results on Thursday, October 27th. The company reported $0.16 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.15 by $0.01. Capitol Federal Financial had a net margin of 25.74% and a return on equity of 6.00%. On average, equities research analysts forecast that Capitol Federal Financial will post $0.62 earnings per share for the current year.
The firm also recently disclosed a dividend, which will be paid on Friday, December 2nd. Investors of record on Friday, November 18th will be given a dividend of $0.29 per share. The ex-dividend date of this dividend is Wednesday, November 16th. This is an increase from Capitol Federal Financial’s previous dividend of $0.25. Capitol Federal Financial’s dividend payout ratio is currently 53.97%.
Capitol Federal Financial Company Profile
Capitol Federal Financial, Inc is the savings and loan holding company for Capitol Federal Savings Bank (Capitol Federal Savings or the Bank). The Company is a community-oriented financial institution offering a range of financial services to meet the needs of the communities it serves. It attracts retail deposits from the general public and invests those funds primarily in permanent loans secured by first mortgages on owner-occupied, one- to four-family residences.
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