Capitol Federal Financial (NASDAQ:CFFN) Stock Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Capitol Federal Financial (NASDAQ:CFFN)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $7.20 and traded as high as $7.86. Capitol Federal Financial shares last traded at $7.62, with a volume of 762,342 shares changing hands.

Analyst Ratings Changes

Several equities analysts have recently commented on CFFN shares. Piper Sandler raised their target price on shares of Capitol Federal Financial from $8.00 to $8.50 and gave the stock a “neutral” rating in a report on Monday, May 4th. Weiss Ratings raised shares of Capitol Federal Financial from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, May 11th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $8.00.

Capitol Federal Financial Stock Performance

The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 1.66. The stock has a market cap of $995.14 million, a price-to-earnings ratio of 13.08 and a beta of 0.69. The company’s 50-day simple moving average is $7.61 and its 200-day simple moving average is $7.22.

Capitol Federal Financial (NASDAQ:CFFN) last released its earnings results on Wednesday, April 29th. The savings and loans company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). The business had revenue of $57.73 million during the quarter, compared to analysts’ expectations of $56.97 million. Capitol Federal Financial had a net margin of 17.80% and a return on equity of 7.46%. Analysts predict that Capitol Federal Financial will post 0.71 EPS for the current fiscal year.

Capitol Federal Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were paid a dividend of $0.085 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a $0.34 dividend on an annualized basis and a dividend yield of 4.3%. Capitol Federal Financial’s dividend payout ratio (DPR) is 56.67%.

Institutional Investors Weigh In On Capitol Federal Financial

Several institutional investors and hedge funds have recently modified their holdings of the business. CreativeOne Wealth LLC raised its position in shares of Capitol Federal Financial by 11.7% during the fourth quarter. CreativeOne Wealth LLC now owns 15,479 shares of the savings and loans company’s stock valued at $105,000 after buying an additional 1,623 shares during the last quarter. Triune Financial Partners LLC increased its stake in Capitol Federal Financial by 7.1% in the fourth quarter. Triune Financial Partners LLC now owns 26,324 shares of the savings and loans company’s stock valued at $192,000 after acquiring an additional 1,739 shares during the period. Quantinno Capital Management LP increased its stake in Capitol Federal Financial by 1.7% in the first quarter. Quantinno Capital Management LP now owns 113,184 shares of the savings and loans company’s stock valued at $807,000 after acquiring an additional 1,894 shares during the period. Midwest Trust Co boosted its holdings in Capitol Federal Financial by 9.9% during the first quarter. Midwest Trust Co now owns 21,539 shares of the savings and loans company’s stock valued at $154,000 after purchasing an additional 1,936 shares in the last quarter. Finally, Lazard Asset Management LLC boosted its holdings in Capitol Federal Financial by 6.3% during the first quarter. Lazard Asset Management LLC now owns 33,060 shares of the savings and loans company’s stock valued at $236,000 after purchasing an additional 1,952 shares in the last quarter. Institutional investors and hedge funds own 88.51% of the company’s stock.

Capitol Federal Financial Company Profile

Capitol Federal Financial, Inc is a bank holding company headquartered in Kansas City, Missouri. Through its principal subsidiary, Capitol Federal Savings Bank, the company provides a range of retail and commercial banking products and services. These offerings include checking and savings accounts, certificates of deposit, home equity lines of credit and other consumer loan products. In addition, Capitol Federal Financial operates an active mortgage origination business, making residential mortgage loans both for its own portfolio and for sale in the secondary market.

Established in 1893, Capitol Federal has grown into one of the nation’s largest mutual savings banks, emphasizing long-term customer relationships and conservative credit practices.