Favorable News Coverage Somewhat Unlikely to Affect Capitol Federal Financial (CFFN) Stock Price
Media stories about Capitol Federal Financial (NASDAQ:CFFN) have been trending positive recently, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Capitol Federal Financial earned a daily sentiment score of 0.29 on Accern’s scale. Accern also assigned news stories about the savings and loans company an impact score of 46.6811289204293 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of Capitol Federal Financial (CFFN) remained flat at $14.04 on Friday. The company had a trading volume of 255,665 shares. The firm has a market capitalization of $1.89 billion, a PE ratio of 22.32 and a beta of 0.45. Capitol Federal Financial has a one year low of $13.55 and a one year high of $17.04. The stock has a 50 day moving average price of $14.07 and a 200 day moving average price of $14.59.
Capitol Federal Financial (NASDAQ:CFFN) last released its earnings results on Thursday, July 27th. The savings and loans company reported $0.16 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.16. The firm had revenue of $54.82 million for the quarter, compared to analysts’ expectations of $54.30 million. Capitol Federal Financial had a net margin of 25.51% and a return on equity of 6.10%. During the same period in the previous year, the company earned $0.15 earnings per share. Equities research analysts predict that Capitol Federal Financial will post $0.64 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, August 18th. Shareholders of record on Friday, August 4th will be paid a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a yield of 2.42%. The ex-dividend date is Wednesday, August 2nd. Capitol Federal Financial’s payout ratio is 53.97%.
CFFN has been the topic of several research analyst 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 on the stock in a report on Tuesday, May 2nd. BidaskClub raised shares of Capitol Federal Financial from a “strong sell” rating to a “sell” rating in a report on Wednesday, June 28th.
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About Capitol Federal Financial
Capitol Federal Financial, Inc is the savings and loan holding company. The Company provides a range of retail banking services, through its subsidiary, Capitol Federal Savings Bank (the Bank), a federal savings bank that serves primarily the metropolitan areas of Topeka, Wichita, Lawrence, Manhattan, Emporia and Salina, Kansas and portions of the metropolitan area of greater Kansas City.
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