Capitol Federal Financial (NASDAQ:CFFN) Posts Quarterly Earnings Results, Beats Estimates By $0.02 EPS

Capitol Federal Financial (NASDAQ:CFFN) released its earnings results on Wednesday. The savings and loans company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02, Yahoo Finance reports. Capitol Federal Financial had a negative net margin of 33.33% and a positive return on equity of 4.02%. The business had revenue of $101.65 million for the quarter, compared to the consensus estimate of $45.40 million. During the same period in the previous year, the firm earned $0.04 EPS.

Capitol Federal Financial Trading Down 2.8 %

Capitol Federal Financial stock traded down $0.19 during midday trading on Friday, reaching $6.51. The stock had a trading volume of 1,097,582 shares, compared to its average volume of 856,940. The firm’s fifty day simple moving average is $5.89 and its two-hundred day simple moving average is $5.60. The company has a debt-to-equity ratio of 2.25, a current ratio of 1.34 and a quick ratio of 1.34. Capitol Federal Financial has a twelve month low of $4.53 and a twelve month high of $6.82. The firm has a market cap of $870.60 million, a price-to-earnings ratio of -6.93 and a beta of 0.49.

Capitol Federal Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Friday, November 1st will be given a $0.085 dividend. The ex-dividend date is Friday, November 1st. This represents a $0.34 annualized dividend and a dividend yield of 5.22%. Capitol Federal Financial’s dividend payout ratio (DPR) is presently -36.17%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on CFFN. StockNews.com upgraded shares of Capitol Federal Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, July 17th. Keefe, Bruyette & Woods lifted their target price on Capitol Federal Financial from $6.00 to $6.50 and gave the stock a “market perform” rating in a report on Thursday, July 25th. Finally, Piper Sandler upped their target price on Capitol Federal Financial from $6.50 to $7.00 and gave the company a “neutral” rating in a report on Thursday.

Capitol Federal Financial Company Profile

Capitol Federal Financial, Inc operates as the holding company for Capitol Federal Savings Bank that provides various retail banking products and services in the United States. The company accepts a range of deposit products, including savings accounts, money market accounts, interest-bearing and non-interest-bearing checking accounts, and certificates of deposit.