Capital One Financial (NYSE:COF) Releases Earnings Results, Beats Expectations By $0.31 EPS

Capital One Financial Co. (NYSE:COF) issued its quarterly earnings results on Tuesday. The financial services provider reported $4.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.75 by $0.31, Zacks reports. The firm had revenue of $10 billion during the quarter, compared to the consensus estimate of $10.07 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%.

Capital One Financial Stock Down 1.2 %

Shares of NYSE:COF traded down $2.22 during trading on Friday, hitting $182.83. The stock had a trading volume of 3,463,926 shares, compared to its average volume of 3,136,079. The company has a market capitalization of $69.75 billion, a PE ratio of 15.77, a PEG ratio of 1.19 and a beta of 1.24. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The firm's fifty day moving average is $175.76 and its 200 day moving average is $180.52. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $210.67.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date was Tuesday, February 18th. Capital One Financial's payout ratio is 20.15%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on COF. Evercore ISI raised shares of Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 price objective for the company in a report on Wednesday, March 12th. Barclays upped their price objective on Capital One Financial from $219.00 to $220.00 and gave the stock an "overweight" rating in a report on Wednesday, January 22nd. Hsbc Global Res raised Capital One Financial from a "moderate sell" rating to a "hold" rating in a report on Tuesday, January 14th. Argus raised Capital One Financial to a "strong-buy" rating in a research note on Thursday, January 23rd. Finally, Royal Bank of Canada set a $190.00 price target on shares of Capital One Financial and gave the stock a "sector perform" rating in a research note on Monday, April 14th. Four investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Capital One Financial currently has a consensus rating of "Moderate Buy" and an average price target of $207.73.

Institutional Investors Weigh In On Capital One Financial

An institutional investor recently raised its position in Capital One Financial stock. Brighton Jones LLC increased its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 330.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,587 shares of the financial services provider's stock after acquiring an additional 10,428 shares during the quarter. Brighton Jones LLC's holdings in Capital One Financial were worth $2,423,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 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.