Equities Analysts Issue Forecasts for COF FY2027 Earnings

Key Points

• Zacks Research has increased its FY2027 earnings per share estimate for Capital One Financial to $21.85, up from $21.80, while the consensus estimate for the current full-year earnings is $15.65.
• Multiple analysts have raised their target prices for Capital One, with Citigroup setting a new price target of $275.00 and maintaining a "buy" rating.
• The company recently announced a quarterly dividend of $0.60, resulting in an annualized yield of 1.1%, although its dividend payout ratio is relatively high at 123.08%.

Capital One Financial Corporation (NYSE:COF - Free Report) - Equities researchers at Zacks Research raised their FY2027 earnings per share estimates for Capital One Financial in a note issued to investors on Tuesday, August 12th. Zacks Research analyst R. Department now expects that the financial services provider will earn $21.85 per share for the year, up from their previous forecast of $21.80. The consensus estimate for Capital One Financial's current full-year earnings is $15.65 per share.

Several other research analysts have also issued reports on COF. Royal Bank Of Canada raised their target price on Capital One Financial from $240.00 to $255.00 and gave the stock a "sector perform" rating in a research report on Wednesday, July 23rd. JPMorgan Chase & Co. lifted their price objective on Capital One Financial from $245.00 to $248.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 23rd. TD Cowen upgraded Capital One Financial from a "hold" rating to a "buy" rating and raised their target price for the company from $184.00 to $258.00 in a research note on Tuesday, July 8th. Truist Financial increased their price objective on Capital One Financial from $225.00 to $260.00 and gave the stock a "buy" rating in a research note on Monday, July 28th. Finally, Citigroup increased their price objective on Capital One Financial from $250.00 to $275.00 and gave the stock a "buy" rating in a research note on Thursday, July 24th. Five investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, Capital One Financial has an average rating of "Moderate Buy" and an average price target of $238.81.

Capital One Financial Price Performance

NYSE:COF traded up $0.55 during trading hours on Wednesday, reaching $217.28. 251,211 shares of the company were exchanged, compared to its average volume of 4,458,370. The company has a market capitalization of $138.96 billion, a P/E ratio of 111.43, a P/E/G ratio of 0.82 and a beta of 1.16. Capital One Financial has a 1-year low of $131.55 and a 1-year high of $232.45. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.02 and a quick ratio of 1.02. The business has a 50 day moving average of $209.75 and a 200 day moving average of $193.34.

Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings results 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 company 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% compared to the same quarter last year. During the same period in the prior year, the company earned $3.14 EPS.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in COF. Eagle Bay Advisors LLC lifted its holdings in shares of Capital One Financial by 3.6% in the 2nd quarter. Eagle Bay Advisors LLC now owns 1,407 shares of the financial services provider's stock valued at $299,000 after acquiring an additional 49 shares during the last quarter. Cantor Fitzgerald Investment Advisors L.P. lifted its holdings in shares of Capital One Financial by 0.3% in the 2nd quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 16,603 shares of the financial services provider's stock valued at $3,532,000 after acquiring an additional 50 shares during the last quarter. Atlantic Edge Private Wealth Management LLC raised its position in Capital One Financial by 66.7% in the 2nd quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider's stock worth $27,000 after purchasing an additional 50 shares during the period. Culbertson A N & Co. Inc. raised its position in Capital One Financial by 0.4% in the 2nd quarter. Culbertson A N & Co. Inc. now owns 11,365 shares of the financial services provider's stock worth $2,418,000 after purchasing an additional 50 shares during the period. Finally, TFB Advisors LLC raised its position in Capital One Financial by 3.4% in the 1st quarter. TFB Advisors LLC now owns 1,539 shares of the financial services provider's stock worth $276,000 after purchasing an additional 51 shares during the period. Institutional investors own 89.84% of the company's stock.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Robert M. Alexander sold 10,114 shares of the stock in a transaction dated Wednesday, July 23rd. The shares were sold at an average price of $227.86, for a total transaction of $2,304,576.04. Following the completion of the transaction, the insider owned 68,707 shares of the company's stock, valued at $15,655,577.02. This represents a 12.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Michael Zamsky sold 5,515 shares of the stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $209.59, for a total transaction of $1,155,888.85. Following the transaction, the insider directly owned 27,364 shares of the company's stock, valued at $5,735,220.76. This trade represents a 16.77% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.26% of the company's stock.

Capital One Financial Announces Dividend

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

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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