Short Interest in Capitol Federal Financial, Inc. (NASDAQ:CFFN) Grows By 7.3%

Capitol Federal Financial, Inc. (NASDAQ:CFFN) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 5,280,000 shares, an increase of 7.3% from the May 31st total of 4,920,000 shares. Based on an average daily volume of 805,500 shares, the short-interest ratio is presently 6.6 days. Currently, 4.3% of the company’s shares are sold short.

Capitol Federal Financial Stock Down 3.2 %

Shares of NASDAQ:CFFN traded down $0.18 during trading on Wednesday, reaching $5.41. The stock had a trading volume of 315,254 shares, compared to its average volume of 882,825. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 2.29. The company has a market capitalization of $723.50 million, a P/E ratio of -5.76 and a beta of 0.50. The firm’s 50-day simple moving average is $5.18 and its 200 day simple moving average is $5.66. Capitol Federal Financial has a one year low of $4.22 and a one year high of $6.88.

Capitol Federal Financial (NASDAQ:CFFN) last announced its earnings results on Wednesday, April 24th. The savings and loans company reported $0.11 earnings per share for the quarter, meeting the consensus estimate of $0.11. The company had revenue of $45.96 million during the quarter, compared to the consensus estimate of $47.23 million. Capitol Federal Financial had a negative net margin of 33.99% and a positive return on equity of 3.85%. As a group, research analysts expect that Capitol Federal Financial will post 0.42 EPS for the current fiscal year.

Capitol Federal Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 17th. Investors of record on Friday, May 3rd were given a dividend of $0.085 per share. This represents a $0.34 annualized dividend and a yield of 6.28%. The ex-dividend date was Thursday, May 2nd. Capitol Federal Financial’s dividend payout ratio is currently -36.17%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on CFFN. StockNews.com raised shares of Capitol Federal Financial from a “sell” rating to a “hold” rating in a research report on Monday. Piper Sandler lowered their target price on Capitol Federal Financial from $6.00 to $5.50 and set a “neutral” rating for the company in a report on Thursday, April 25th. Finally, Keefe, Bruyette & Woods restated a “market perform” rating and set a $6.00 price target (down previously from $7.00) on shares of Capitol Federal Financial in a research note on Thursday, April 25th.

Insiders Place Their Bets

In other Capitol Federal Financial news, Director Jeffrey M. Johnson purchased 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 6th. The stock was purchased at an average cost of $5.12 per share, with a total value of $51,200.00. Following the purchase, the director now owns 97,900 shares of the company’s stock, valued at $501,248. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.20% of the stock is owned by insiders.

Institutional Investors Weigh In On Capitol Federal Financial

Several institutional investors have recently added to or reduced their stakes in CFFN. Charles Schwab Investment Management Inc. raised its position in shares of Capitol Federal Financial by 8.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,943,860 shares of the savings and loans company’s stock valued at $12,538,000 after purchasing an additional 150,482 shares during the last quarter. Azora Capital LP purchased a new position in shares of Capitol Federal Financial in the fourth quarter worth $5,054,000. Assenagon Asset Management S.A. lifted its stake in shares of Capitol Federal Financial by 28.1% during the first quarter. Assenagon Asset Management S.A. now owns 419,921 shares of the savings and loans company’s stock worth $2,503,000 after buying an additional 92,103 shares during the period. Empowered Funds LLC grew its holdings in shares of Capitol Federal Financial by 8.2% during the first quarter. Empowered Funds LLC now owns 362,528 shares of the savings and loans company’s stock valued at $2,161,000 after buying an additional 27,442 shares during the last quarter. Finally, Panagora Asset Management Inc. acquired a new position in shares of Capitol Federal Financial in the 4th quarter valued at $1,922,000. Institutional investors and hedge funds own 88.51% of the company’s stock.

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.