Capital One Financial Co. (NYSE:COF) has been given an average rating of “Moderate Buy” by the nineteen brokerages that are covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $206.63.
Several research firms have recently commented on COF. Evercore ISI raised shares of Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 target price for the company in a research report on Wednesday, March 12th. Bank of America raised Capital One Financial from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $207.00 to $235.00 in a research report on Wednesday, February 19th. JPMorgan Chase & Co. increased their target price on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research report on Monday, December 9th. Royal Bank of Canada lifted their price target on Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 22nd. Finally, Keefe, Bruyette & Woods increased their price objective on Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a report on Monday, December 9th.
Get Our Latest Analysis on Capital One Financial
Capital One Financial Trading Down 1.4 %
COF opened at $179.88 on Monday. Capital One Financial has a one year low of $128.23 and a one year high of $210.67. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The business has a 50 day simple moving average of $191.26 and a two-hundred day simple moving average of $177.14. The firm has a market capitalization of $68.59 billion, a price-to-earnings ratio of 15.52, a PEG ratio of 1.19 and a beta of 1.47.
Capital One Financial (NYSE:COF – Get Free Report) last announced its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The company had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.81 earnings per share. Analysts predict that Capital One Financial will post 15.65 EPS for the current year.
Capital One Financial Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $0.60 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.33%. Capital One Financial’s dividend payout ratio is presently 20.71%.
Institutional Investors Weigh In On Capital One Financial
Institutional investors and hedge funds have recently made changes to their positions in the company. Norden Group LLC boosted its stake in Capital One Financial by 2.6% during the 4th quarter. Norden Group LLC now owns 2,010 shares of the financial services provider’s stock valued at $358,000 after purchasing an additional 51 shares during the last quarter. Catalyst Financial Partners LLC boosted its position in shares of Capital One Financial by 3.9% during the fourth quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider’s stock valued at $255,000 after buying an additional 54 shares during the last quarter. Quadrant Capital Group LLC increased its holdings in Capital One Financial by 1.0% in the 4th quarter. Quadrant Capital Group LLC now owns 5,247 shares of the financial services provider’s stock worth $936,000 after buying an additional 54 shares in the last quarter. Gladstone Institutional Advisory LLC raised its position in Capital One Financial by 3.3% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider’s stock worth $317,000 after buying an additional 56 shares during the last quarter. Finally, TFB Advisors LLC lifted its stake in Capital One Financial by 4.1% during the 4th quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider’s stock valued at $265,000 after acquiring an additional 59 shares during the period. Institutional investors own 89.84% of the company’s stock.
About Capital One Financial
(Get Free Report
Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of 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.
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