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.
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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.
Institutional Ownership:
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.
Analysts Ratings:
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.
