Shares of Capital One Financial Corp. (NYSE:COF) have been given an average recommendation of “Buy” by the twenty-two analysts that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and fourteen have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $111.18.
Several brokerages recently issued reports on COF. Zacks Investment Research cut shares of Capital One Financial from a “buy” rating to a “hold” rating in a research report on Wednesday. JPMorgan Chase & Co. reduced their price target on shares of Capital One Financial from $113.00 to $107.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 24th. Nomura reduced their price target on shares of Capital One Financial from $109.00 to $98.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 24th. Citigroup reduced their price target on shares of Capital One Financial from $110.00 to $105.00 and set a “buy” rating on the stock in a research report on Thursday, November 1st. Finally, ValuEngine cut shares of Capital One Financial from a “hold” rating to a “sell” rating in a research report on Monday, October 22nd.
Shares of NYSE COF opened at $84.89 on Thursday. Capital One Financial has a 1 year low of $84.31 and a 1 year high of $106.50. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.99 and a current ratio of 0.99. The stock has a market cap of $40.21 billion, a P/E ratio of 10.90, a P/E/G ratio of 0.69 and a beta of 1.26.
Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, October 23rd. The financial services provider reported $3.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.89 by $0.23. Capital One Financial had a net margin of 11.84% and a return on equity of 11.01%. The company had revenue of $6.96 billion for the quarter, compared to analysts’ expectations of $6.88 billion. During the same quarter in the previous year, the company earned $2.42 earnings per share. Capital One Financial’s quarterly revenue was down .3% on a year-over-year basis. As a group, equities analysts predict that Capital One Financial will post 11.38 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 23rd. Investors of record on Monday, November 12th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.88%. The ex-dividend date was Thursday, November 8th. Capital One Financial’s payout ratio is currently 20.54%.
A number of large investors have recently bought and sold shares of COF. Capital International Investors bought a new stake in Capital One Financial during the third quarter worth about $259,357,000. Panagora Asset Management Inc. lifted its stake in shares of Capital One Financial by 81.0% in the third quarter. Panagora Asset Management Inc. now owns 2,266,047 shares of the financial services provider’s stock worth $215,116,000 after buying an additional 1,014,394 shares in the last quarter. Rehmann Capital Advisory Group lifted its stake in shares of Capital One Financial by 9,386.2% in the third quarter. Rehmann Capital Advisory Group now owns 879,848 shares of the financial services provider’s stock worth $9,268,000 after buying an additional 870,573 shares in the last quarter. Renaissance Technologies LLC lifted its stake in shares of Capital One Financial by 422.8% in the third quarter. Renaissance Technologies LLC now owns 1,051,399 shares of the financial services provider’s stock worth $99,809,000 after buying an additional 850,300 shares in the last quarter. Finally, Epoch Investment Partners Inc. bought a new position in shares of Capital One Financial in the second quarter worth approximately $75,707,000. 88.35% of the stock is currently owned by institutional investors and hedge funds.
Capital One Financial Company Profile
Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.
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