Capitol Federal Financial, Inc. Director Acquires Shares

On January 31st, Jeffrey M. Johnson, a director at Capitol Federal Financial, Inc. (NASDAQ:CFFN - Get Free Report), made a significant purchase of the company’s stock. He acquired 5,000 shares at an average price of $5.97 per share, amounting to a total investment of $29,850. This transaction has increased his total ownership in the company to 102,900 shares, which are now valued at approximately $614,313. The increase in his stock ownership amounts to 5.11%. This acquisition was formally reported in a filing with the SEC, which is publicly accessible.

Stock Performance and Metrics

In trading on the day following the purchase, shares of NASDAQ:CFFN closed at $5.94, down by $0.01. During this trading session, 679,400 shares exchanged hands, which is lower than the average trading volume of 764,594 shares. The company's market capitalization stands at $788.65 million, with a PE ratio of 15.23 and a beta of 0.50. Capitol Federal Financial has a 50-day simple moving average of $6.11 and a 200-day simple moving average of $6.11. The stock price has shown a range from a fifty-two week low of $4.76 to a high of $7.20.

Earnings Report

Capitol Federal Financial reported its quarterly earnings on January 29th. The company achieved earnings per share (EPS) of $0.12, exceeding the analysts' expectations of $0.11 by a margin of $0.01. The return on equity reported was 4.96%, with a net margin of 12.67%. Analysts predict that Capitol Federal Financial, Inc. will report a total EPS of 0.46 for the current year.

Dividend Declaration

Recently, the company announced a quarterly dividend of $0.085 per share, which will be distributed on February 21st to stockholders on record by February 7th. This results in an annualized dividend of $0.34 and a dividend yield of 5.72%. The company's current dividend payout ratio stands at 87.18%.

Changes in Analyst Ratings

Piper Sandler recently revised their target price for Capitol Federal Financial, lowering it from $7.00 to $6.50, maintaining a "neutral" rating for the stock.

Institutional Investors' Activity

Several institutional investors have adjusted their holdings in Capitol Federal Financial. IFS Advisors LLC notably increased its position by 1,865.5% during the third quarter, now holding 4,442 shares worth $26,000 after acquiring an additional 4,216 shares. In the fourth quarter, Endeavor Private Wealth Inc. also made a new investment in the company valued at approximately $53,000. KBC Group NV boosted its stake by 59.8%, while Point72 DIFC Ltd and EP Wealth Advisors LLC also established new positions valued at around $66,000. Currently, institutional investors and hedge funds collectively own 88.51% of the company’s stock.

Corporate Overview

Capitol Federal Financial, Inc serves as the parent company for Capitol Federal Savings Bank, which provides various retail banking products and services throughout the United States. The bank offers a range of deposit products including savings accounts, checking accounts, money market accounts, and certificates of deposit.

Conclusion

As Capitol Federal Financial continues to navigate the financial market, the recent director stock purchase may reflect confidence in the company’s future. Potential investors might want to consider these insights when evaluating opportunities within the banking sector.

Financial, Investment, Stocks