Brokerages Set $15.00 Target Price for Capitol Federal Financial, Inc. (CFFN)
Shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) have earned a consensus broker rating score of 3.00 (Hold) from the two brokers that cover the company, Zacks Investment Research reports. Two analysts have rated the stock with a hold rating.
Brokerages have set a 12-month consensus price target of $15.00 for the company and are predicting that the company will post $0.16 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Capitol Federal Financial an industry rank of 15 out of 265 based on the ratings given to related companies.
Several research firms recently issued reports on CFFN. BidaskClub downgraded shares of Capitol Federal Financial from a “buy” rating to a “hold” rating in a research report on Thursday, December 7th. Zacks Investment Research raised shares of Capitol Federal Financial from a “hold” rating to a “buy” rating and set a $16.00 price target for the company in a research report on Monday, September 25th.
Capitol Federal Financial (NASDAQ:CFFN) last posted its quarterly earnings results on Friday, October 27th. The savings and loans company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.01). Capitol Federal Financial had a net margin of 37.09% and a return on equity of 6.06%. The business had revenue of $55.55 million during the quarter, compared to analyst estimates of $56.10 million. analysts expect that Capitol Federal Financial will post 0.64 earnings per share for the current fiscal year.
A number of hedge funds and other institutional investors have recently bought and sold shares of CFFN. Susquehanna International Group LLP grew its position in Capitol Federal Financial by 1,181.5% in the 2nd quarter. Susquehanna International Group LLP now owns 237,236 shares of the savings and loans company’s stock valued at $3,371,000 after purchasing an additional 218,723 shares during the period. Dimensional Fund Advisors LP grew its position in Capitol Federal Financial by 2.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 8,274,295 shares of the savings and loans company’s stock valued at $117,578,000 after purchasing an additional 218,238 shares during the period. Renaissance Technologies LLC grew its position in Capitol Federal Financial by 2.7% in the 2nd quarter. Renaissance Technologies LLC now owns 7,681,597 shares of the savings and loans company’s stock valued at $109,155,000 after purchasing an additional 200,700 shares during the period. State Street Corp grew its position in Capitol Federal Financial by 4.9% in the 2nd quarter. State Street Corp now owns 2,977,389 shares of the savings and loans company’s stock valued at $42,304,000 after purchasing an additional 138,510 shares during the period. Finally, Prudential PLC boosted its holdings in Capitol Federal Financial by 57.5% during the 2nd quarter. Prudential PLC now owns 322,805 shares of the savings and loans company’s stock worth $4,587,000 after acquiring an additional 117,804 shares during the last quarter. 75.26% of the stock is owned by institutional investors and hedge funds.
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About Capitol Federal Financial
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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