Capitol Federal Financial (NASDAQ:CFFN) Rating Increased to Strong-Buy at Benchmark

Capitol Federal Financial (NASDAQ:CFFN) was upgraded by stock analysts at Benchmark to a “strong-buy” rating in a research report issued on Wednesday,Zacks.com reports.

Several other brokerages have also recently issued reports on CFFN. Piper Sandler upped their target price on Capitol Federal Financial from $8.00 to $8.50 and gave the company a “neutral” rating in a report on Monday, May 4th. New Street Research set a $10.00 price target on Capitol Federal Financial in a report on Thursday. Finally, Weiss Ratings raised shares of Capitol Federal Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $9.00.

Capitol Federal Financial Trading Up 0.2%

Shares of Capitol Federal Financial stock opened at $8.50 on Wednesday. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.21 and a quick ratio of 1.21. The stock’s 50 day simple moving average is $8.01 and its 200-day simple moving average is $7.49. The stock has a market cap of $1.08 billion, a P/E ratio of 14.17 and a beta of 0.68. Capitol Federal Financial has a 1-year low of $5.71 and a 1-year high of $8.69.

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

Institutional Trading of Capitol Federal Financial

Several institutional investors and hedge funds have recently bought and sold shares of CFFN. Osaic Holdings Inc. lifted its position in Capitol Federal Financial by 474.6% in the second quarter. Osaic Holdings Inc. now owns 5,763 shares of the savings and loans company’s stock valued at $35,000 after buying an additional 4,760 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in Capitol Federal Financial by 180.5% during the second quarter. EverSource Wealth Advisors LLC now owns 8,501 shares of the savings and loans company’s stock worth $52,000 after buying an additional 5,470 shares during the period. Strs Ohio acquired a new stake in shares of Capitol Federal Financial during the first quarter valued at about $59,000. Qube Research & Technologies Ltd acquired a new stake in shares of Capitol Federal Financial during the second quarter valued at about $64,000. Finally, Tudor Investment Corp ET AL acquired a new stake in shares of Capitol Federal Financial during the third quarter valued at about $70,000. 88.51% of the stock is currently owned by hedge funds and other institutional investors.

About Capitol Federal Financial

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.