Capitol Federal Financial Inc. (CFFN) Reaches New 52-Week High at $14.44
Capitol Federal Financial Inc. (NASDAQ:CFFN)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $14.44 and last traded at $14.39, with a volume of 220,933 shares traded. The stock had previously closed at $14.38.
A number of brokerages have recently weighed in on CFFN. Zacks Investment Research upgraded Capitol Federal Financial from a “hold” rating to a “buy” rating and set a $16.00 price objective for the company in a research note on Tuesday, August 2nd. Stephens started coverage on Capitol Federal Financial in a research note on Friday, August 26th. They set an “equal weight” rating for the company.
The stock’s 50 day moving average is $14.17 and its 200-day moving average is $13.48. The company has a market capitalization of $1.91 billion and a price-to-earnings ratio of 23.489.
Capitol Federal Financial (NASDAQ:CFFN) last posted its quarterly earnings results on Thursday, July 28th. The company reported $0.15 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.15. On average, equities research analysts expect that Capitol Federal Financial Inc. will post $0.62 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Friday, August 19th. Investors of record on Friday, August 5th were paid a dividend of $0.085 per share. The ex-dividend date was Wednesday, August 3rd. This represents a $0.34 dividend on an annualized basis and a dividend yield of 2.36%.
In other news, insider Houweling Tara Van sold 25,000 shares of the company’s stock in a transaction dated Thursday, August 4th. The shares were sold at an average price of $14.03, for a total value of $350,750.00. Following the completion of the sale, the insider now directly owns 43,565 shares of the company’s stock, valued at $611,216.95. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Natalie G. Haag sold 21,562 shares of the company’s stock in a transaction dated Friday, August 5th. The shares were sold at an average price of $14.00, for a total transaction of $301,868.00. Following the completion of the sale, the insider now directly owns 62,321 shares of the company’s stock, valued at $872,494. The disclosure for this sale can be found here.
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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