Capital One Financial Corporation (NYSE:COF) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• Capital One Financial Corporation (NYSE:COF) has received a consensus rating of "Moderate Buy" from 23 analysts, with an average target price of approximately $250.44.
• The company recently reported earnings of $5.48 EPS for the last quarter, significantly exceeding the consensus estimate of $1.93, and its revenue showed a 31.4% increase year-over-year.
• Capital One has announced a quarterly dividend of $0.60, resulting in a dividend yield of 1.1%, and its current dividend payout ratio stands at 123.08%.

Shares of Capital One Financial Corporation (NYSE:COF) have earned a consensus rating of "Moderate Buy" from the twenty-three analysts that are presently covering the firm, Marketbeat.com reports. Six investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and three have given a strong buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $250.4444.

A number of research analysts have commented on the company. Redburn Atlantic raised Capital One Financial to a "strong-buy" rating in a research report on Friday, August 1st. UBS Group decreased their price objective on shares of Capital One Financial from $270.00 to $266.00 and set a "buy" rating for the company in a report on Tuesday. Citigroup upped their price objective on shares of Capital One Financial from $250.00 to $275.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. Barclays increased their price target on shares of Capital One Financial from $253.00 to $257.00 and gave the stock an "overweight" rating in a research note on Monday. Finally, Keefe, Bruyette & Woods increased their price target on shares of Capital One Financial from $248.00 to $260.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 23rd.

Capital One Financial Stock Performance

Shares of NYSE:COF opened at $210.50 on Friday. The company has a market cap of $134.62 billion, a price-to-earnings ratio of 107.95, a price-to-earnings-growth ratio of 0.78 and a beta of 1.18. The company has a 50-day moving average price of $219.12 and a 200-day moving average price of $201.98. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.47. Capital One Financial has a 12 month low of $143.22 and a 12 month high of $232.45.

Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $5.48 EPS for the quarter, beating the consensus estimate of $1.93 by $3.55. The firm had revenue of $12.49 billion for the quarter, compared to the consensus estimate of $12.72 billion. The business's revenue was up 31.4% on a year-over-year basis. During the same period last year, the company posted $3.14 earnings per share. As a group, equities analysts anticipate that Capital One Financial will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were given a $0.60 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a $2.40 annualized dividend and a dividend yield of 1.1%. Capital One Financial's dividend payout ratio is currently 123.08%.

Insider Transactions at Capital One Financial

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 2,000 shares of the stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $211.99, for a total value of $423,980.00. Following the completion of the transaction, the general counsel owned 98,486 shares in the company, valued at approximately $20,878,047.14. This represents a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Timothy P. Golden sold 3,462 shares of the stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $210.28, for a total value of $727,989.36. Following the completion of the transaction, the chief accounting officer owned 8,987 shares of the company's stock, valued at approximately $1,889,786.36. This trade represents a 27.81% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 23,298 shares of company stock worth $5,103,824 in the last ninety days. 1.26% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in COF. WPG Advisers LLC bought a new position in Capital One Financial during the 1st quarter valued at approximately $25,000. Moisand Fitzgerald Tamayo LLC increased its holdings in shares of Capital One Financial by 103.3% during the second quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider's stock valued at $26,000 after acquiring an additional 62 shares in the last quarter. Olistico Wealth LLC increased its holdings in shares of Capital One Financial by 439.1% during the second quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider's stock valued at $26,000 after acquiring an additional 101 shares in the last quarter. Saudi Central Bank bought a new position in shares of Capital One Financial during the first quarter valued at $27,000. Finally, RMG Wealth Management LLC bought a new stake in Capital One Financial during the 2nd quarter valued at about $27,000. Institutional investors own 89.84% of the company's stock.

Capital One Financial Company Profile

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.