Capitol Federal Financial (NASDAQ:CFFN) Price Target Increased to $7.00 by Analysts at Piper Sandler

Capitol Federal Financial (NASDAQ:CFFN) had its price target raised by investment analysts at Piper Sandler from $6.50 to $7.00 in a note issued to investors on Thursday, Benzinga reports. The brokerage presently has a “neutral” rating on the savings and loans company’s stock. Piper Sandler’s target price indicates a potential upside of 4.48% from the company’s previous close.

A number of other equities analysts have also issued reports on CFFN. Keefe, Bruyette & Woods raised their price target on shares of Capitol Federal Financial from $6.00 to $6.50 and gave the stock a “market perform” rating in a research report on Thursday, July 25th. StockNews.com upgraded Capitol Federal Financial from a “sell” rating to a “hold” rating in a research note on Wednesday, July 17th.

Capitol Federal Financial Stock Performance

Shares of NASDAQ CFFN traded up $0.14 during midday trading on Thursday, reaching $6.70. The company had a trading volume of 306,024 shares, compared to its average volume of 851,953. The stock has a market cap of $896.01 million, a P/E ratio of -7.15 and a beta of 0.49. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 2.25. Capitol Federal Financial has a 1 year low of $4.27 and a 1 year high of $6.82. The business’s 50-day simple moving average is $5.87 and its 200 day simple moving average is $5.59.

Capitol Federal Financial (NASDAQ:CFFN) last issued its quarterly earnings results on Wednesday, July 24th. The savings and loans company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.04). The firm had revenue of $99.70 million for the quarter, compared to analyst estimates of $47.23 million. Capitol Federal Financial had a positive return on equity of 4.02% and a negative net margin of 33.33%. During the same period in the prior year, the firm posted $0.06 EPS. On average, analysts forecast that Capitol Federal Financial will post 0.35 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Capitol Federal Financial

Institutional investors and hedge funds have recently modified their holdings of the business. IFS Advisors LLC boosted its position in Capitol Federal Financial by 1,865.5% during the third quarter. IFS Advisors LLC now owns 4,442 shares of the savings and loans company’s stock worth $26,000 after purchasing an additional 4,216 shares in the last quarter. GAMMA Investing LLC boosted its stake in Capitol Federal Financial by 153.7% during the 2nd quarter. GAMMA Investing LLC now owns 9,653 shares of the savings and loans company’s stock worth $53,000 after purchasing an additional 5,848 shares during the last quarter. Wealthstream Advisors Inc. purchased a new stake in shares of Capitol Federal Financial during the second quarter worth $55,000. EntryPoint Capital LLC acquired a new stake in shares of Capitol Federal Financial in the first quarter valued at about $62,000. Finally, CWM LLC lifted its stake in shares of Capitol Federal Financial by 533.2% in the second quarter. CWM LLC now owns 11,783 shares of the savings and loans company’s stock worth $65,000 after buying an additional 9,922 shares in the last quarter. Hedge funds and other institutional investors own 88.51% of the company’s stock.

About Capitol Federal Financial

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.