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 trading on Thursday . The company traded as high as $14.44 and last traded at $14.39, with a volume of 220,933 shares. The stock had previously closed at $14.38.
CFFN has been the subject of a number of research reports. Zacks Investment Research raised shares of Capitol Federal Financial from a “hold” rating to a “buy” rating and set a $16.00 price target for the company in a research note on Tuesday, August 2nd. Stephens assumed coverage on shares of Capitol Federal Financial in a research note on Friday, August 26th. They issued an “equal weight” rating for the company.
The firm has a 50 day moving average price of $14.18 and a 200-day moving average price of $13.49. The firm has a market cap of $1.92 billion and a PE ratio of 23.55.
Capitol Federal Financial (NASDAQ:CFFN) last posted its earnings results on Thursday, July 28th. The company reported $0.15 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.15. On average, analysts anticipate that Capitol Federal Financial Inc. will post $0.62 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Friday, August 19th. Investors of record on Friday, August 5th were issued a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a dividend yield of 2.36%. The ex-dividend date was Wednesday, August 3rd.
In related news, insider Rick C. Jackson sold 51,000 shares of the firm’s stock in a transaction on Monday, August 15th. The shares were sold at an average price of $14.09, for a total value of $718,590.00. Following the completion of the transaction, the insider now directly owns 133,753 shares of the company’s stock, valued at $1,884,579.77. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Houweling Tara Van sold 25,000 shares of the firm’s stock in a transaction on Thursday, August 4th. The shares were sold at an average price of $14.03, for a total transaction of $350,750.00. Following the completion of the transaction, the insider now directly owns 43,565 shares of the company’s stock, valued at $611,216.95. 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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