Capitol Federal Financial Inc. (NASDAQ: CFFN) stock fell -2.48% on Monday to $5.12 against a previous-day closing price of $5.25. With 0.93 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.83 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $5.29 whereas the lowest price it dropped to was $5.12. The 52-week range on CFFN shows that it touched its highest point at $8.93 and its lowest point at $5.21 during that stretch. It currently has a 1-year price target of $7.25. With its current market cap of 721.20 million, CFFN has annualized dividend of $0.34 while the current yield stands at 6.64%. Beta for the stock currently stands at 0.40.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CFFN was down-trending over the past week, with a drop of -5.36%, but this was down by -16.20% over a month. Three-month performance dropped to -22.19% while six-month performance fell -32.19%. The stock lost -40.84% in the past year, while it has lost -40.81% so far this year. A look at the trailing 12-month EPS for CFFN yields 0.43 with Next year EPS estimates of 0.21. For the next quarter, that number is 0.03. This implies an EPS growth rate of 10.80% for this year and -32.81% for next year. EPS is expected to grow by 5.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -0.10%.
Float and Shares Shorts:
At present, 133.20 million CFFN shares are outstanding with a float of 126.36 million shares on hand for trading. On Aug 30, 2023, short shares totaled 6.32 million, which was 4.64% higher than short shares on Jul 30, 2023. In addition to Mr. John B. Dicus as the firm’s Chairman, Pres & CEO, Mr. Kent G. Townsend serves as its Exec. VP, CFO & Treasurer.
Through their ownership of 79.71% of CFFN’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 7.99% of CFFN, in contrast to 57.49% held by mutual funds. Shares owned by individuals account for 22.63%. As the largest shareholder in CFFN with 13.55% of the stake, BlackRock Fund Advisors holds 18,446,473 shares worth 18,446,473. A second-largest stockholder of CFFN, American Century Investment Manag, holds 16,207,013 shares, controlling over 11.90% of the firm’s shares. The Vanguard Group, Inc. is the third largest shareholder in CFFN, holding 15,183,931 shares or 11.15% stake. With a 6.58% stake in CFFN, the iShares Core S&P Small Cap ETF is the largest stakeholder. A total of 8,963,514 shares are owned by the mutual fund manager. The American Century Cap. Port. Inc., which owns about 5.75% of CFFN stock, is the second-largest Mutual Fund holder. It holds 7,827,638 shares valued at 44.38 million. American Century Mid Cap Value Fu holds 3.06% of the stake in CFFN, owning 4,167,310 shares worth 23.63 million.
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CFFN since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With CFFN analysts setting a high price target of $7.50 and a low target of $7.00, the average target price over the next 12 months is $7.25. Based on these targets, CFFN could surge 46.48% to reach the target high and rise by 36.72% to reach the target low. Reaching the average price target will result in a growth of 41.6% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.
Dividends & Yield:
In terms of dividends, CFFN has a current ratio of $0.34, which is $0.34 over the trailing 12-months, while a dividend of $0.34 is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and CFFN currently yields $6.64. In the past year, CFFN’s dividend yield has been $6.64, but when looking at the stock over the past five years, its yield has been $3.25. Accordingly, CFFN has a current buyback yield of $3.18. This was $3.18 for the TTM, and it was $4.48 for the past five years.
Summary of Insider Activity:
Insiders traded CFFN stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has increased to 17 while that of sell transactions has risen to 4 over the past year. The total number of shares bought during that period was 80,056 while 8,681 shares were sold.