Research Analysts Set Expectations for Capitol Federal Financial, Inc.’s Q1 2018 Earnings (CFFN)
Capitol Federal Financial, Inc. (NASDAQ:CFFN) – Equities researchers at DA Davidson dropped their Q1 2018 EPS estimates for shares of Capitol Federal Financial in a research note issued on Monday. DA Davidson analyst G. Tenner now forecasts that the savings and loans company will post earnings per share of $0.16 for the quarter, down from their prior estimate of $0.17. DA Davidson also issued estimates for Capitol Federal Financial’s Q2 2018 earnings at $0.16 EPS, Q3 2018 earnings at $0.16 EPS, Q4 2018 earnings at $0.16 EPS and FY2019 earnings at $0.67 EPS.
Capitol Federal Financial (NASDAQ:CFFN) last posted its quarterly earnings data on Friday, October 27th. The savings and loans company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.01). The firm had revenue of $55.55 million during the quarter, compared to analysts’ expectations of $56.10 million. Capitol Federal Financial had a net margin of 25.09% and a return on equity of 6.14%.
CFFN has been the topic of a number of other reports. Zacks Investment Research lowered shares of Capitol Federal Financial from a “buy” rating to a “hold” rating in a research note on Friday, September 22nd. BidaskClub lowered shares of Capitol Federal Financial from a “hold” rating to a “sell” rating in a research note on Thursday, July 13th.
Capitol Federal Financial (CFFN) traded down 0.65% during trading on Wednesday, reaching $13.70. 327,310 shares of the company’s stock were exchanged. The company’s 50-day moving average is $14.55 and its 200-day moving average is $14.19. Capitol Federal Financial has a 1-year low of $13.21 and a 1-year high of $17.04. The company has a market capitalization of $1.84 billion, a PE ratio of 21.78 and a beta of 0.47.
Hedge funds and other institutional investors have recently bought and sold shares of the business. Pacad Investment Ltd. grew its position in Capitol Federal Financial by 4.0% in the 2nd quarter. Pacad Investment Ltd. now owns 7,800 shares of the savings and loans company’s stock worth $111,000 after purchasing an additional 300 shares during the last quarter. Paloma Partners Management Co acquired a new stake in Capitol Federal Financial in the 1st quarter worth $203,000. Barber Financial Group Inc. grew its position in Capitol Federal Financial by 7.6% in the 2nd quarter. Barber Financial Group Inc. now owns 14,625 shares of the savings and loans company’s stock worth $208,000 after purchasing an additional 1,036 shares during the last quarter. Prudential Financial Inc. grew its position in Capitol Federal Financial by 7.0% in the 2nd quarter. Prudential Financial Inc. now owns 14,881 shares of the savings and loans company’s stock worth $211,000 after purchasing an additional 980 shares during the last quarter. Finally, SG Americas Securities LLC grew its position in Capitol Federal Financial by 44.2% in the 1st quarter. SG Americas Securities LLC now owns 16,088 shares of the savings and loans company’s stock worth $235,000 after purchasing an additional 4,931 shares during the last quarter. Institutional investors own 74.51% of the company’s stock.
In related news, insider Carlton A. Ricketts purchased 4,525 shares of the firm’s stock in a transaction on Tuesday, August 8th. The shares were bought at an average cost of $14.04 per share, for a total transaction of $63,531.00. Following the transaction, the insider now directly owns 53,545 shares of the company’s stock, valued at approximately $751,771.80. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Natalie G. Haag purchased 2,200 shares of the firm’s stock in a transaction on Monday, August 14th. The stock was bought at an average price of $13.66 per share, for a total transaction of $30,052.00. Following the completion of the transaction, the insider now directly owns 49,959 shares in the company, valued at $682,439.94. The disclosure for this purchase can be found here. Company insiders own 2.50% of the company’s stock.
The business also recently declared a special dividend, which will be paid on Friday, December 1st. Shareholders of record on Friday, November 17th will be given a $0.29 dividend. This represents a yield of 2.47%. This is a positive change from Capitol Federal Financial’s previous special dividend of $0.25. The ex-dividend date of this dividend is Thursday, November 16th. Capitol Federal Financial’s dividend payout ratio (DPR) is currently 54.84%.
Capitol Federal Financial Company Profile
Capitol Federal Financial, Inc is the savings and loan holding company. The Company provides a range of retail banking services, through its subsidiary, Capitol Federal Savings Bank (the Bank), a federal savings bank that serves primarily the metropolitan areas of Topeka, Wichita, Lawrence, Manhattan, Emporia and Salina, Kansas and portions of the metropolitan area of greater Kansas City.
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