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 Down 1.6 %
Shares of NYSE:COF opened at $113.61 on Thursday. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.00 and a current ratio of 1.00. Capital One Financial has a 52-week low of $98.54 and a 52-week high of $175.98. The firm has a market capitalization of $43.61 billion, a P/E ratio of 4.99, a P/E/G ratio of 0.34 and a beta of 1.44. The stock has a 50 day moving average price of $108.89 and a 200-day moving average price of $125.79.
Capital One Financial (NYSE:COF - Get Rating) last released its earnings results on Thursday, July 21st. The financial services provider reported $4.96 earnings per share (EPS) for the quarter, missing the consensus estimate 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 quarter in the previous year, the business earned $7.71 EPS. As a group, equities research analysts anticipate that Capital One Financial will post 19.99 EPS for the current fiscal year.
Capital One Financial Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, August 19th. Stockholders of record on Monday, August 8th will be issued a dividend of $0.60 per share. The ex-dividend date is Friday, August 5th. This represents a $2.40 annualized dividend and a dividend yield of 2.11%. Capital One Financial's payout ratio is presently 10.54%.
Analysts Set New Price Targets
COF has been the subject of several recent analyst reports. TheStreet cut shares of Capital One Financial from a "b" rating to a "c+" rating in a research note on Wednesday, June 29th. Barclays reduced their target price on Capital One Financial from $207.00 to $170.00 and set an "overweight" rating for the company in a research report on Friday, July 22nd. BMO Capital Markets lowered their price target on Capital One Financial from $200.00 to $188.00 and set a "buy" rating on the stock in a report on Wednesday, April 27th. Deutsche Bank Aktiengesellschaft cut their price objective on Capital One Financial from $192.00 to $170.00 in a report on Friday, July 22nd. Finally, Robert W. Baird upgraded shares of Capital One Financial from a "neutral" rating to an "outperform" rating and set a $145.00 target price for the company in a research report on Friday, June 17th. One analyst has rated the stock with a sell rating, eight have given a hold rating and eleven have issued a buy rating to the company's stock. Based on data from MarketBeat, Capital One Financial currently has an average rating of "Moderate Buy" and an average price target of $156.93.
Insider Transactions at Capital One Financial
In other Capital One Financial news, CEO Richard D. Fairbank sold 12,538 shares of the firm's stock in a transaction dated Monday, August 8th. The shares were sold at an average price of $107.96, for a total transaction of $1,353,602.48. Following the completion of the sale, the chief executive officer now directly owns 3,758,863 shares in the company, valued at approximately $405,806,849.48. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, insider Kara West sold 2,778 shares of the company's stock in a transaction 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 of the company's stock, valued at $915,086.48. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Richard D. Fairbank sold 12,538 shares of the stock in a transaction on Monday, August 8th. The shares were sold at an average price of $107.96, for a total value of $1,353,602.48. Following the sale, the chief executive officer now directly owns 3,758,863 shares in the company, valued at $405,806,849.48. The disclosure for this sale can be found here. Insiders sold a total of 92,510 shares of company stock valued at $10,224,107 in the last quarter. 1.27% of the stock is owned by insiders.
