Capital One Financial - COF Stock Forecast, Price & News

Capital One Financial Corporation operates as the financial services 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, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking. The company accepts checking accounts, money market deposits, negotiable order of withdrawals, savings deposits, and time deposits. Its loan products include credit card loans; auto and retail banking loans; and commercial and multifamily real estate, and commercial and industrial loans. The company also offers credit and debit card products; online direct banking services; and treasury management and depository services. It serves consumers, small businesses, and commercial clients through digital channels, branches, cafés, and other distribution channels located in New York, Louisiana, Texas, Maryland, Virginia, New Jersey, and California. Capital One Financial Corporation was founded in 1988 and is headquartered in McLean, Virginia.

Capital One Financial Stock Up 2.2 %

COF Stock opened at $115.27 on Friday. Capital One Financial has a twelve month low of $98.54 and a twelve month high of $177.95. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.10. The company has a market capitalization of $44.24 billion, a P/E ratio of 5.05, a PEG ratio of 0.31 and a beta of 1.44. The firm has a 50 day simple moving average of $110.01 and a 200-day simple moving average of $126.87.

Capital One Financial (NYSE:COF - Get Rating) last posted its earnings results on Thursday, July 21st. The financial services provider reported $4.96 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $5.11 by ($0.15). Capital One Financial had a net margin of 29.23% and a return on equity of 17.07%. During the same period in the prior year, the firm earned $7.71 earnings per share. On average, equities research analysts predict that Capital One Financial will post 19.98 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 19th. Investors of record on Monday, August 8th will be paid a $0.60 dividend. The ex-dividend date is Friday, August 5th. This represents a $2.40 annualized dividend and a dividend yield of 2.08%. Capital One Financial's payout ratio is 10.54%.

Analyst Upgrades and Downgrades

COF has been the subject of several research reports. Wells Fargo & Company reduced their price target on shares of Capital One Financial from $160.00 to $130.00 and set an "overweight" rating for the company in a research report on Wednesday, July 13th. Robert W. Baird upgraded shares of Capital One Financial from a "neutral" rating to an "outperform" rating and set a $145.00 price target for the company in a research report on Friday, June 17th. Wolfe Research downgraded shares of Capital One Financial from a "peer perform" rating to an "underperform" rating and set a $86.00 price target for the company. in a research report on Thursday, May 12th. Piper Sandler reduced their price target on shares of Capital One Financial to $125.00 in a research report on Friday, July 22nd. Finally, Oppenheimer downgraded shares of Capital One Financial from an "outperform" rating to a "market perform" rating in a research report on Tuesday, July 12th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and eleven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $156.93.

Insider Activity

In other news, insider Sheldon Hall sold 14,504 shares of the firm's stock in a transaction dated Thursday, May 26th. The shares were sold at an average price of $125.00, for a total transaction of $1,813,000.00. Following the completion of the transaction, the insider now directly owns 68,337 shares of the company's stock, valued at approximately $8,542,125. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, insider Sheldon Hall sold 14,504 shares of Capital One Financial stock in a transaction that occurred on Thursday, May 26th. The shares were sold at an average price of $125.00, for a total transaction of $1,813,000.00. Following the completion of the sale, the insider now owns 68,337 shares in the company, valued at approximately $8,542,125. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Kara West sold 2,778 shares of Capital One Financial stock in a transaction that occurred on Friday, July 29th. The stock was sold at an average price of $109.67, for a total transaction of $304,663.26. Following the transaction, the insider now directly owns 8,344 shares in the company, valued at approximately $915,086.48. The disclosure for this sale can be found here. Over the last three months, insiders sold 92,510 shares of company stock valued at $10,224,107. 1.27% of the stock is owned by company insiders.