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 1.9 %

Shares of NYSE:COF traded up $2.06 during mid-day trading on Monday, hitting $108.39. 37,413 shares of the company traded hands, compared to its average volume of 2,857,240. The stock has a market cap of $41.60 billion, a P/E ratio of 4.67, a P/E/G ratio of 0.31 and a beta of 1.44. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.10. Capital One Financial has a 12-month low of $98.54 and a 12-month high of $177.95. The stock has a 50-day moving average price of $111.05 and a two-hundred day moving average price of $127.39.

Capital One Financial (NYSE:COF - Get Rating) last announced 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 period in the previous year, the firm posted $7.71 EPS. On average, equities research analysts forecast that Capital One Financial will post 19.94 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 19th. Shareholders of record on Monday, August 8th will be given a $0.60 dividend. The ex-dividend date is Friday, August 5th. This represents a $2.40 annualized dividend and a yield of 2.21%. Capital One Financial's dividend payout ratio is currently 10.54%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on COF. Morgan Stanley reduced their price objective on Capital One Financial from $126.00 to $121.00 and set an "equal weight" rating on the stock in a research note on Friday, July 22nd. Wolfe Research lowered Capital One Financial from a "peer perform" rating to an "underperform" rating and set a $86.00 price objective on the stock. in a research note on Thursday, May 12th. TheStreet downgraded Capital One Financial from a "b" rating to a "c+" rating in a report on Wednesday, June 29th. Keefe, Bruyette & Woods lowered their target price on Capital One Financial from $200.00 to $171.00 in a report on Monday, July 11th. Finally, BMO Capital Markets lowered their target price on Capital One Financial from $200.00 to $188.00 and set a "buy" rating for the company in a report on Wednesday, April 27th. One 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. According to MarketBeat.com, Capital One Financial presently has a consensus rating of "Moderate Buy" and a consensus target price of $156.93.

Insiders Place Their Bets

In other news, insider Sheldon Hall sold 14,504 shares of the company's stock in a transaction on Thursday, May 26th. The stock was sold at an average price of $125.00, for a total transaction of $1,813,000.00. Following the transaction, the insider now owns 68,337 shares of the company's stock, valued at approximately $8,542,125. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, CEO Richard D. Fairbank sold 12,538 shares of the company's stock in a transaction on 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 transaction, the chief executive officer now owns 3,758,863 shares of the company's stock, valued at approximately $407,836,635.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Sheldon Hall sold 14,504 shares of the business's stock in a transaction on Thursday, May 26th. The shares were sold at an average price of $125.00, for a total value of $1,813,000.00. Following the sale, the insider now owns 68,337 shares in the company, valued at $8,542,125. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 67,458 shares of company stock valued at $7,547,428. Insiders own 1.27% of the company's stock.