Capitol Federal Financial (NASDAQ:CFFN) PT Raised to $7.00 at Piper Sandler

Capitol Federal Financial (NASDAQ:CFFN) had its price objective increased by analysts at Piper Sandler from $6.50 to $7.00 in a report issued on Thursday, Benzinga reports. The firm presently has a “neutral” rating on the savings and loans company’s stock. Piper Sandler’s target price points to a potential upside of 7.53% from the company’s current price.

CFFN has been the topic of a number of other reports. Keefe, Bruyette & Woods boosted 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 note on Thursday, July 25th. StockNews.com raised shares of Capitol Federal Financial from a “sell” rating to a “hold” rating in a research note on Wednesday, July 17th.

Capitol Federal Financial Stock Down 2.8 %

Capitol Federal Financial stock opened at $6.51 on Thursday. The company has a market capitalization of $870.60 million, a PE ratio of -6.93 and a beta of 0.49. The company has a debt-to-equity ratio of 2.25, a quick ratio of 1.34 and a current ratio of 1.34. Capitol Federal Financial has a fifty-two week low of $4.53 and a fifty-two week high of $6.82. The firm has a 50 day moving average price of $5.90 and a 200 day moving average price of $5.60.

Capitol Federal Financial (NASDAQ:CFFN) last issued its quarterly earnings data on Wednesday, October 23rd. The savings and loans company reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.02. The business had revenue of $101.65 million during the quarter, compared to analysts’ expectations of $45.40 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 previous year, the firm posted $0.04 earnings per share. Research analysts expect that Capitol Federal Financial will post 0.35 earnings per share for the current year.

Institutional Investors Weigh In On Capitol Federal Financial

A number of hedge funds have recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Capitol Federal Financial during the third quarter worth about $152,000. Assenagon Asset Management S.A. grew its holdings in Capitol Federal Financial by 54.8% during the 3rd quarter. Assenagon Asset Management S.A. now owns 572,011 shares of the savings and loans company’s stock worth $3,341,000 after acquiring an additional 202,614 shares in the last quarter. Everence Capital Management Inc. increased its position in shares of Capitol Federal Financial by 60.4% in the 3rd quarter. Everence Capital Management Inc. now owns 56,960 shares of the savings and loans company’s stock valued at $333,000 after purchasing an additional 21,450 shares during the last quarter. Regent Peak Wealth Advisors LLC acquired a new stake in shares of Capitol Federal Financial in the 3rd quarter valued at $142,000. Finally, IFS Advisors LLC raised its holdings in shares of Capitol Federal Financial by 1,865.5% in the 3rd quarter. IFS Advisors LLC now owns 4,442 shares of the savings and loans company’s stock valued at $26,000 after purchasing an additional 4,216 shares in the last quarter. Institutional investors and hedge funds own 88.51% of the company’s stock.

Capitol Federal Financial Company Profile

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.