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.
Analysts Set New Price Targets
COF has been the subject of a number of research reports. Wolfe Research cut 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. Barclays decreased their price target on shares of 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. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Capital One Financial from $192.00 to $170.00 in a research report on Friday, July 22nd. Morgan Stanley decreased their price target on shares of Capital One Financial from $126.00 to $121.00 and set an "equal weight" rating for the company in a research report on Friday, July 22nd. Finally, BMO Capital Markets decreased their price target on shares of Capital One Financial from $200.00 to $188.00 and set a "buy" rating for the company in a research report on Wednesday, April 27th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and eleven have given a buy rating to the company's stock. According to MarketBeat.com, Capital One Financial has an average rating of "Moderate Buy" and a consensus target price of $156.93.
Capital One Financial Stock Down 1.4 %
Shares of Capital One Financial stock traded down $1.64 during trading on Friday, reaching $112.21. The company had a trading volume of 2,091,043 shares, compared to its average volume of 2,838,501. The company has a market cap of $43.07 billion, a price-to-earnings ratio of 4.94, a price-to-earnings-growth ratio of 0.33 and a beta of 1.44. The firm's fifty day moving average is $108.78 and its 200-day moving average is $125.56. 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 fifty-two week low of $98.54 and a fifty-two week high of $175.98.
Capital One Financial (NYSE:COF - Get Rating) last issued 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 quarter last year, the business posted $7.71 earnings per share. On average, analysts anticipate that Capital One Financial will post 19.99 EPS for the current year.
Capital One Financial Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 19th. Investors of record on Monday, August 8th will be paid a dividend of $0.60 per share. The ex-dividend date of this dividend is Friday, August 5th. This represents a $2.40 annualized dividend and a yield of 2.14%. Capital One Financial's dividend payout ratio (DPR) is 10.54%.
Insider Buying and Selling
In related news, insider Sheldon Hall sold 14,504 shares of the 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 sale, the insider now owns 68,337 shares in the company, valued at $8,542,125. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, insider Sheldon Hall sold 14,504 shares of the 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 sale, the insider now owns 68,337 shares in the company, valued at $8,542,125. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Richard D. Fairbank sold 12,538 shares of the stock in a transaction dated Thursday, July 28th. The stock was sold at an average price of $108.50, for a total transaction of $1,360,373.00. Following the sale, the chief executive officer now owns 3,758,863 shares in the company, valued at approximately $407,836,635.50. The disclosure for this sale can be found here. Insiders have sold a total of 92,510 shares of company stock worth $10,224,107 over the last quarter. 1.27% of the stock is owned by company insiders.
