Short Interest in Capitol Federal Financial, Inc. (NASDAQ:CFFN) Rises By 5.6%

Capitol Federal Financial, Inc. (NASDAQ:CFFN) saw a significant increase in short interest in December. As of December 15th, there was short interest totalling 3,610,000 shares, an increase of 5.6% from the November 30th total of 3,420,000 shares. Based on an average daily volume of 741,000 shares, the days-to-cover ratio is presently 4.9 days. Currently, 2.9% of the shares of the company are sold short.

Capitol Federal Financial Stock Performance

NASDAQ:CFFN opened at $5.82 on Friday. The business’s 50-day moving average price is $6.52 and its two-hundred day moving average price is $6.07. The stock has a market cap of $772.74 million, a P/E ratio of 20.07 and a beta of 0.48. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 2.11. Capitol Federal Financial has a twelve month low of $4.76 and a twelve month high of $7.20.

Capitol Federal Financial (NASDAQ:CFFN) last released its quarterly earnings results on Wednesday, October 23rd. The savings and loans company reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.02. The business had revenue of $101.65 million for the quarter, compared to the consensus estimate of $45.40 million. Capitol Federal Financial had a return on equity of 4.69% and a net margin of 9.95%. During the same quarter last year, the business posted $0.04 earnings per share. As a group, equities analysts predict that Capitol Federal Financial will post 0.45 EPS for the current fiscal year.

Capitol Federal Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, November 1st were issued a $0.085 dividend. The ex-dividend date was Friday, November 1st. This represents a $0.34 dividend on an annualized basis and a dividend yield of 5.84%. Capitol Federal Financial’s payout ratio is 117.24%.

Analyst Upgrades and Downgrades

Separately, Piper Sandler raised their price target on shares of Capitol Federal Financial from $6.50 to $7.00 and gave the company a “neutral” rating in a report on Thursday, October 24th.

Insider Activity

In other news, Director James G. Morris acquired 15,000 shares of the business’s stock in a transaction dated Monday, December 2nd. The stock was bought at an average cost of $6.84 per share, for a total transaction of $102,600.00. Following the completion of the transaction, the director now owns 85,995 shares of the company’s stock, valued at $588,205.80. The trade was a 21.13 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 3.20% of the stock is owned by company insiders.

Hedge Funds Weigh In On Capitol Federal Financial

Several institutional investors and hedge funds have recently made changes to their positions in CFFN. JPMorgan Chase & Co. boosted its position in Capitol Federal Financial by 52.5% during the third quarter. JPMorgan Chase & Co. now owns 1,052,949 shares of the savings and loans company’s stock valued at $6,149,000 after buying an additional 362,291 shares during the period. Barclays PLC boosted its holdings in Capitol Federal Financial by 71.3% during the 3rd quarter. Barclays PLC now owns 271,769 shares of the savings and loans company’s stock valued at $1,587,000 after acquiring an additional 113,106 shares during the period. Y Intercept Hong Kong Ltd grew its position in Capitol Federal Financial by 57.9% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 124,976 shares of the savings and loans company’s stock worth $730,000 after acquiring an additional 45,827 shares during the last quarter. XTX Topco Ltd increased its stake in Capitol Federal Financial by 382.2% in the 3rd quarter. XTX Topco Ltd now owns 56,352 shares of the savings and loans company’s stock worth $329,000 after purchasing an additional 44,666 shares during the period. Finally, EP Wealth Advisors LLC purchased a new stake in shares of Capitol Federal Financial during the third quarter valued at approximately $66,000. Institutional investors 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.