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

Key Points

• Capital One Financial Corporation has received a consensus rating of "Moderate Buy" from 20 analysts, with an average price target of $239.44.
• In its latest earnings report, Capital One reported $5.48 earnings per share, significantly exceeding analyst expectations of $1.93 and a 31.4% increase compared to the previous year.
• The company recently announced a quarterly dividend of $0.60 per share, equating to an annualized dividend yield of 1.1%.

Capital One Financial Corporation (NYSE:COF) has been given an average rating of "Moderate Buy" by the twenty brokerages that are covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation, thirteen have given a buy recommendation and three have issued a strong buy recommendation on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $239.4375.

A number of equities research analysts have issued reports on the stock. Citigroup increased their price objective on shares of Capital One Financial from $250.00 to $275.00 and gave the stock a "buy" rating in a research note on Thursday, July 24th. Rothschild & Co Redburn assumed coverage on shares of Capital One Financial in a research note on Friday, August 1st. They set a "buy" rating and a $290.00 price objective on the stock. Royal Bank Of Canada increased their price objective on shares of Capital One Financial from $240.00 to $255.00 and gave the stock a "sector perform" rating in a research note on Wednesday, July 23rd. JPMorgan Chase & Co. increased their target price on shares of Capital One Financial from $245.00 to $248.00 and gave the stock a "neutral" rating in a report on Wednesday, July 23rd. Finally, Truist Financial increased their target price on shares of Capital One Financial from $260.00 to $270.00 and gave the stock a "buy" rating in a report on Friday.

Capital One Financial Price Performance

NYSE:COF opened at $223.59 on Monday. Capital One Financial has a one year low of $137.64 and a one year high of $232.45. The company has a market cap of $142.99 billion, a P/E ratio of 114.66, a P/E/G ratio of 0.87 and a beta of 1.17. The firm's fifty day moving average price is $217.89 and its two-hundred day moving average price is $196.49. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.02 and a quick ratio of 1.02.

Capital One Financial (NYSE:COF - Get Free Report) last announced its quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.93 by $3.55. The firm had revenue of $12.49 billion for the quarter, compared to analyst estimates of $12.72 billion. The company's quarterly revenue was up 31.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.14 earnings per share. Equities analysts expect that Capital One Financial will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

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

Insider Buying and Selling at Capital One Financial

In related news, CAO Timothy P. Golden sold 3,462 shares of the firm's stock in a transaction that occurred on Tuesday, August 12th. The shares were 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 in the company, valued at $1,889,786.36. This trade represents a 27.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the firm's stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $223.40, for a total transaction of $446,800.00. Following the completion of the transaction, the general counsel owned 100,486 shares of the company's stock, valued at approximately $22,448,572.40. This trade represents a 1.95% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 21,298 shares of company stock worth $4,679,844 in the last 90 days. Corporate insiders own 1.26% of the company's stock.

Institutional Inflows and Outflows

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

About Capital One Financial

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.

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