Capital One Financial Corporation (NYSE:COF) Stock Has Consensus Target Price of $256.50

Key Points

• Analyst sentiment is positive: Capital One has a “Moderate Buy” consensus from 24 analysts—20 buy ratings and four holds—with an average 12-month price target of $256.50.
• Latest quarterly results topped expectations: The company reported EPS of $6.69 versus a $5.53 consensus and revenue of $16.31 billion, up 6.4% year over year.
• Capital One announced a quarterly dividend of $0.80 per share, equivalent to $3.20 annually and a 1.6% yield.

Shares of Capital One Financial Corporation (NYSE:COF - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the twenty-four ratings firms that are currently covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold recommendation and twenty have given a buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $256.50.

COF has been the subject of several research reports. TD Cowen raised their price objective on shares of Capital One Financial from $242.00 to $250.00 and gave the stock a "buy" rating in a research report on Wednesday, October 21st. Barclays upped their target price on Capital One Financial from $237.00 to $238.00 and gave the company an "overweight" rating in a research report on Wednesday, October 21st. Piper Sandler lifted their price target on Capital One Financial from $260.00 to $269.00 and gave the stock an "overweight" rating in a report on Wednesday, October 21st. UBS Group reduced their price target on Capital One Financial from $280.00 to $274.00 and set a "buy" rating for the company in a research note on Monday, November 2nd. Finally, Wall Street Zen lowered Capital One Financial from a "buy" rating to a "hold" rating in a report on Sunday, August 2nd.

Capital One Financial Stock Performance

Shares of NYSE:COF traded up $1.56 on Friday, hitting $195.16. The company had a trading volume of 3,617,568 shares, compared to its average volume of 4,572,801. Capital One Financial has a 1-year low of $174.24 and a 1-year high of $259.64. The stock has a market cap of $117.39 billion, a price-to-earnings ratio of 11.52, a P/E/G ratio of 0.88 and a beta of 1.10. The stock has a 50 day moving average price of $201.64 and a 200 day moving average price of $200.22. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.45.

Capital One Financial (NYSE:COF - Get Free Report) last posted its earnings results on Tuesday, October 20th. The financial services provider reported $6.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.53 by $1.16. The company had revenue of $16.31 billion during the quarter, compared to analysts' expectations of $16.25 billion. Capital One Financial had a net margin of 13.70% and a return on equity of 11.64%. Capital One Financial's quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the company posted $5.95 EPS. Analysts expect that Capital One Financial will post 21.53 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Monday, November 16th will be issued a dividend of $0.80 per share. The ex-dividend date of this dividend is Monday, November 16th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.6%. Capital One Financial's dividend payout ratio (DPR) is currently 18.89%.

Insider Buying and Selling

In related news, Director Peter E. Raskind sold 1,681 shares of the company's stock in a transaction dated Friday, November 6th. The shares were sold at an average price of $201.79, for a total value of $339,208.99. Following the transaction, the director directly owned 32,715 shares in the company, valued at approximately $6,601,559.85. This represents a 4.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Celia Karam sold 1,927 shares of the firm's stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $195.86, for a total transaction of $377,422.22. Following the transaction, the insider directly owned 55,774 shares in the company, valued at approximately $10,923,895.64. This represents a 3.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 202,145 shares of company stock valued at $41,281,806 in the last 90 days. 0.78% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Compass Wealth Management LLC acquired a new stake in Capital One Financial during the third quarter worth approximately $25,000. Solstein Capital LLC acquired a new position in Capital One Financial in the 2nd quarter valued at $26,000. Torren Management LLC raised its holdings in Capital One Financial by 114.8% in the 3rd quarter. Torren Management LLC now owns 131 shares of the financial services provider's stock valued at $25,000 after acquiring an additional 70 shares in the last quarter. Gilpin Wealth Management LLC acquired a new position in Capital One Financial in the 3rd quarter valued at $27,000. Finally, Ballast Advisors LLC bought a new stake in shares of Capital One Financial during the 1st quarter valued at $27,000. Institutional investors and hedge funds own 89.84% of the company's stock.

About Capital One Financial

Capital One Financial Corporation is a bank holding company that provides credit cards, consumer banking, auto financing and commercial banking services. Its offerings include credit cards, deposit accounts, loans and financial services for businesses. The company traces its roots to a credit card business established within Signet Banking Corporation in 1988 and became an independent company in 1994. Capital One is headquartered in McLean, Virginia, and serves customers primarily in the United States, with credit card operations also in the United Kingdom.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.