Capitol Federal Financial, Inc. (NASDAQ:CFFN) Short Interest Update

Capitol Federal Financial, Inc. (NASDAQ:CFFNGet Free Report) was the recipient of a large drop in short interest during the month of May. As of May 31st, there was short interest totalling 4,920,000 shares, a drop of 12.6% from the May 15th total of 5,630,000 shares. Based on an average daily trading volume, of 814,600 shares, the days-to-cover ratio is presently 6.0 days. Currently, 4.0% of the company’s shares are sold short.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. StockNews.com lowered Capitol Federal Financial from a “hold” rating to a “sell” rating in a research report on Friday, May 17th. Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $6.00 target price (down from $7.00) on shares of Capitol Federal Financial in a report on Thursday, April 25th. Finally, Piper Sandler dropped their target price on Capitol Federal Financial from $6.00 to $5.50 and set a “neutral” rating on the stock in a report on Thursday, April 25th.

Get Our Latest Stock Analysis on CFFN

Insider Transactions at Capitol Federal Financial

In other Capitol Federal Financial news, Director Jeffrey M. Johnson acquired 10,000 shares of the business’s stock in a transaction dated Thursday, June 6th. The shares were purchased at an average cost of $5.12 per share, for a total transaction of $51,200.00. Following the transaction, the director now owns 97,900 shares in the company, valued at $501,248. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 2.20% of the company’s stock.

Institutional Trading of Capitol Federal Financial

Hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC purchased a new stake in Capitol Federal Financial during the fourth quarter valued at $25,000. Massmutual Trust Co. FSB ADV boosted its stake in shares of Capitol Federal Financial by 4,393.5% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 4,853 shares of the savings and loans company’s stock worth $31,000 after acquiring an additional 4,745 shares during the period. CWM LLC boosted its stake in shares of Capitol Federal Financial by 922.8% in the fourth quarter. CWM LLC now owns 4,981 shares of the savings and loans company’s stock worth $32,000 after acquiring an additional 4,494 shares during the period. Nisa Investment Advisors LLC boosted its stake in shares of Capitol Federal Financial by 172.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 7,830 shares of the savings and loans company’s stock worth $51,000 after acquiring an additional 4,960 shares during the period. Finally, AXQ Capital LP bought a new position in Capitol Federal Financial during the third quarter valued at approximately $59,000. Hedge funds and other institutional investors own 88.51% of the company’s stock.

Capitol Federal Financial Stock Up 0.9 %

Shares of CFFN stock traded up $0.05 during mid-day trading on Tuesday, hitting $5.35. The company’s stock had a trading volume of 856,959 shares, compared to its average volume of 867,092. Capitol Federal Financial has a 52-week low of $4.22 and a 52-week high of $6.88. The business has a 50-day moving average price of $5.14 and a 200 day moving average price of $5.70. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.34 and a current ratio of 1.34. The stock has a market cap of $715.46 million, a price-to-earnings ratio of -5.67 and a beta of 0.50.

Capitol Federal Financial (NASDAQ:CFFNGet Free Report) last posted its quarterly earnings results on Wednesday, April 24th. The savings and loans company reported $0.11 earnings per share for the quarter, hitting the consensus estimate of $0.11. Capitol Federal Financial had a positive return on equity of 3.85% and a negative net margin of 33.99%. The firm had revenue of $45.96 million during the quarter, compared to analysts’ expectations of $47.23 million. Research analysts predict that Capitol Federal Financial will post 0.42 EPS for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The company also recently disclosed 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 dividend on an annualized basis and a yield of 6.36%. The ex-dividend date was Thursday, May 2nd. Capitol Federal Financial’s dividend payout ratio (DPR) is presently -36.17%.

Capitol Federal Financial Company Profile

(Get Free Report)

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.

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