Shares of Capital One Financial Corp. (NYSE:COF) have been given an average rating of "Buy" by the eighteen brokerages that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and twelve have given a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $84.31.
Several equities analysts have recently issued reports on COF shares. Wolfe Research started coverage on shares of Capital One Financial in a report on Friday, July 31st. They set an "outperform" rating for the company. Oppenheimer boosted their price target on shares of Capital One Financial from $63.00 to $69.00 and gave the company an "outperform" rating in a report on Wednesday, July 22nd. UBS Group raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and boosted their price target for the company from $54.00 to $105.00 in a report on Monday, June 22nd. Royal Bank of Canada upped their price objective on shares of Capital One Financial from $58.00 to $72.00 in a report on Thursday, June 11th. Finally, Piper Sandler upped their price objective on shares of Capital One Financial from $77.00 to $82.00 in a report on Wednesday, July 22nd.
Shares of NYSE:COF opened at $73.30 on Wednesday. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.79. The company has a fifty day simple moving average of $67.73 and a 200 day simple moving average of $64.61. The firm has a market cap of $34.08 billion, a PE ratio of -198.11 and a beta of 1.77. Capital One Financial has a 12-month low of $38.00 and a 12-month high of $107.59.
Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, July 21st. The financial services provider reported ($2.21) EPS for the quarter, missing analysts' consensus estimates of ($1.25) by ($0.96). The business had revenue of $6.56 billion during the quarter, compared to analyst estimates of $6.88 billion. Capital One Financial had a return on equity of 1.67% and a net margin of 0.74%. During the same period in the prior year, the firm earned $3.24 EPS. As a group, equities research analysts forecast that Capital One Financial will post -2.14 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Monday, August 10th were issued a dividend of $0.10 per share. The ex-dividend date was Friday, August 7th. This represents a $0.40 annualized dividend and a yield of 0.55%. Capital One Financial's payout ratio is presently 3.31%.
In other Capital One Financial news, insider Timothy P. Golden sold 5,724 shares of Capital One Financial stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $69.11, for a total transaction of $395,585.64. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 1.47% of the company's stock.
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Two Sigma Advisers LP grew its stake in shares of Capital One Financial by 183.9% in the 2nd quarter. Two Sigma Advisers LP now owns 262,900 shares of the financial services provider's stock valued at $16,455,000 after buying an additional 170,300 shares in the last quarter. Principal Financial Group Inc. boosted its position in Capital One Financial by 0.4% during the second quarter. Principal Financial Group Inc. now owns 657,657 shares of the financial services provider's stock worth $41,163,000 after purchasing an additional 2,806 shares during the period. AdvisorNet Financial Inc boosted its position in Capital One Financial by 14.6% during the second quarter. AdvisorNet Financial Inc now owns 47,798 shares of the financial services provider's stock worth $2,992,000 after purchasing an additional 6,093 shares during the period. Quadrature Capital Ltd bought a new stake in Capital One Financial during the second quarter worth approximately $2,883,000. Finally, Handelsbanken Fonder AB bought a new stake in Capital One Financial during the second quarter worth approximately $6,967,000. 88.15% of the stock is owned by institutional investors and hedge funds.
About Capital One Financial
Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.
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