Capital One Financial Corporation (NYSE:COF) Stock Has Consensus Price Target of $255.04

Key Points

• Analysts maintain a Moderate Buy consensus on Capital One Financial, with 20 buy ratings and five holds among 25 analysts. The average 12-month price target is $255.04, above the reported share price of $199.86.
• Capital One reported quarterly EPS of $5.81, beating estimates of $4.79, while revenue reached $15.83 billion and increased 26.9% year over year.
• The company pays a quarterly dividend of $0.80, equivalent to $3.20 annually and a 1.6% yield. Institutional investors own approximately 89.84% of the outstanding shares, while insiders sold shares worth about $7.9 million over the past 90 days.

Shares of Capital One Financial Corporation (NYSE:COF) have received an average recommendation of "Moderate Buy" from the twenty-five research firms that are covering the firm, MarketBeat reports. Five equities research analysts have rated the stock with a hold rating and twenty have given a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $255.04.

COF has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft set a $245.00 target price on Capital One Financial in a report on Thursday, August 20th. Citigroup cut their price target on Capital One Financial from $295.00 to $280.00 and set a "buy" rating for the company in a report on Tuesday, September 29th. JPMorgan Chase & Co. cut their price target on Capital One Financial from $246.00 to $227.00 and set an "overweight" rating for the company in a report on Monday, October 12th. Morgan Stanley reduced their price target on shares of Capital One Financial from $273.00 to $267.00 and set an "overweight" rating on the stock in a research report on Monday, October 12th. Finally, BTIG Research increased their price objective on shares of Capital One Financial from $224.00 to $259.00 and gave the stock a "buy" rating in a report on Tuesday, June 30th.

Capital One Financial Stock Down 0.9%

NYSE COF opened at $199.86 on Tuesday. The firm has a market cap of $122.61 billion, a PE ratio of 12.37, a price-to-earnings-growth ratio of 0.97 and a beta of 1.04. Capital One Financial has a one year low of $174.24 and a one year high of $259.64. The stock's 50 day simple moving average is $207.70 and its 200 day simple moving average is $200.51. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.02 and a quick ratio of 1.02.

Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, beating analysts' consensus estimates of $4.79 by $1.02. The firm had revenue of $15.83 billion during the quarter, compared to analysts' expectations of $15.76 billion. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%. The business's revenue was up 26.9% on a year-over-year basis. During the same period last year, the firm posted $5.48 EPS. As a group, sell-side analysts forecast that Capital One Financial will post 20.36 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th were paid a $0.80 dividend. The ex-dividend date of this dividend was Monday, August 17th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.6%. Capital One Financial's payout ratio is currently 19.80%.

Insider Buying and Selling

In other news, insider Ravi Raghu sold 9,726 shares of the stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $209.78, for a total transaction of $2,040,320.28. Following the sale, the insider directly owned 26,328 shares of the company's stock, valued at $5,523,087.84. This represents a 26.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lia Dean sold 2,193 shares of the firm's stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $225.52, for a total transaction of $494,565.36. Following the completion of the sale, the insider directly owned 63,261 shares of the company's stock, valued at approximately $14,266,620.72. This represents a 3.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 37,664 shares of company stock valued at $7,914,162. Insiders own 0.78% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. State Street Corp boosted its position in Capital One Financial by 107.9% during the second quarter. State Street Corp now owns 57,278,732 shares of the financial services provider's stock valued at $11,491,259,000 after purchasing an additional 29,724,829 shares during the last quarter. BlackRock Inc. grew its stake in Capital One Financial by 0.5% in the second quarter. BlackRock Inc. now owns 51,054,869 shares of the financial services provider's stock valued at $10,242,628,000 after purchasing an additional 236,643 shares in the last quarter. Bank of America Corp DE bought a new position in Capital One Financial in the second quarter valued at approximately $1,435,311,000. Wellington Management Group LLP grew its stake in Capital One Financial by 36.2% in the second quarter. Wellington Management Group LLP now owns 7,108,112 shares of the financial services provider's stock valued at $1,426,029,000 after purchasing an additional 1,887,497 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in Capital One Financial by 3.5% in the second quarter. Bank of New York Mellon Corp now owns 5,621,240 shares of the financial services provider's stock valued at $1,127,733,000 after purchasing an additional 187,532 shares in the last quarter. Institutional investors own 89.84% of the company's stock.

Capital One Financial Company Profile

Capital One Financial Corporation is a diversified financial services company headquartered in McLean, Virginia. Founded in 1994, the company operates as a bank holding company through Capital One, N.A., providing financial products and services to consumers, small businesses and commercial customers.

Capital One is best known for its credit card business, which offers a range of consumer and business cards. Its other activities include consumer banking products such as checking and savings accounts, auto loans and retail banking services, as well as commercial banking services for businesses and institutions.

The company primarily serves customers in the United States through digital channels, branches and other distribution networks.

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