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

Key Points

• Capital One Financial Corporation has received a consensus rating of "Moderate Buy" from eighteen analysts, with an average 1-year target price of $233.07.
• The company reported $5.48 earnings per share for its last quarter, significantly surpassing the consensus estimate of $1.93, with revenues of $12.49 billion, up 31.4% year-over-year.
• Capital One recently declared a quarterly dividend of $0.60 per share, with a payout ratio of 123.08% and an annualized yield of 1.13%.

Capital One Financial Corporation (NYSE:COF) has been given an average rating of "Moderate Buy" by the eighteen analysts that are presently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $235.40.

Several brokerages recently issued reports on COF. Citigroup upped their price target on shares of Capital One Financial from $250.00 to $275.00 and gave the stock a "buy" rating in a research report on Thursday, July 24th. JPMorgan Chase & Co. upped their price target on shares of Capital One Financial from $245.00 to $248.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 23rd. Wall Street Zen upgraded shares of Capital One Financial from a "hold" rating to a "buy" rating in a research report on Friday, July 18th. Wells Fargo & Company upped their price target on shares of Capital One Financial from $225.00 to $265.00 and gave the stock an "overweight" rating in a research report on Friday, July 25th. Finally, Truist Financial upped their price target on shares of Capital One Financial from $225.00 to $260.00 and gave the stock a "buy" rating in a research report on Monday.

Capital One Financial Price Performance

Shares of NYSE:COF traded up $1.47 on Friday, hitting $215.29. The stock had a trading volume of 3,470,508 shares, compared to its average volume of 3,702,304. Capital One Financial has a twelve month low of $128.23 and a twelve month high of $232.45. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.02 and a current ratio of 1.02. The firm's 50 day moving average price is $205.92 and its 200-day moving average price is $192.22. The company has a market capitalization of $82.49 billion, a price-to-earnings ratio of 110.41, a price-to-earnings-growth ratio of 0.84 and a beta of 1.15.

Capital One Financial (NYSE:COF - Get Free Report) last issued its earnings results 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 during the quarter, compared to analyst estimates of $12.72 billion. During the same quarter in the prior year, the firm posted $3.14 EPS. The firm's revenue for the quarter was up 31.4% on a year-over-year basis. On average, equities research analysts predict that Capital One Financial will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Friday, August 15th will be given a $0.60 dividend. The ex-dividend date is Friday, August 15th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.11%. Capital One Financial's dividend payout ratio is 123.08%.

Insider Activity at Capital One Financial

In related news, Director Ann F. Hackett sold 1,658 shares of the stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $198.70, for a total transaction of $329,444.60. Following the completion of the sale, the director directly owned 56,244 shares of the company's stock, valued at approximately $11,175,682.80. This represents a 2.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Michael Zamsky sold 9,560 shares of the stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $199.40, for a total value of $1,906,264.00. Following the sale, the insider directly owned 20,089 shares of the company's stock, valued at approximately $4,005,746.60. The trade was a 32.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 21,332 shares of company stock worth $4,540,285 in the last ninety days. Company insiders own 1.26% of the company's stock.

Institutional Trading of Capital One Financial

A number of large investors have recently bought and sold shares of the business. Brighton Jones LLC grew its stake in shares of Capital One Financial by 330.1% during the 4th quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider's stock worth $2,423,000 after acquiring an additional 10,428 shares in the last quarter. WINTON GROUP Ltd bought a new position in shares of Capital One Financial during the 4th quarter worth approximately $296,000. Loomis Sayles & Co. L P bought a new position in shares of Capital One Financial during the 4th quarter worth approximately $67,000. Norges Bank bought a new position in shares of Capital One Financial during the 4th quarter worth approximately $590,279,000. Finally, New Age Alpha Advisors LLC bought a new position in shares of Capital One Financial during the 4th quarter worth approximately $4,573,000. 89.84% of the stock is owned by institutional investors.

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.