Quarterly Dividend of $0.05 Declared by Capital One (COF)
Capital One (NYSE:COF) announced a quarterly dividend on Thursday, January 31st. Stockholders of record on Monday, February 11th will be paid a dividend of $0.05 per share on Friday, February 22nd. This represents a $0.20 annualized dividend and a dividend yield of 0.35%.
COF has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Capital One in a research note to investors on Monday, January 21st. They now have a $60.00 price target on the stock. On the ratings front, analysts at Oppenheimer cut their price target on shares of Capital One from $71.00 to $68.00 in a research note to investors on Friday, January 18th. They now have an “outperform” rating on the stock. Finally, analysts at Guggenheim cut their price target on shares of Capital One to $66.00 in a research note to investors on Friday, January 18th. They now have a “buy” rating on the stock.
Twenty equities research analysts have rated the stock with a buy rating, three have given an overweight rating, and six have issued a hold rating to the company’s stock. The company presently has an average rating of “overweight” and a consensus price target of $66.92.
Shares of Capital One (COF) traded down 0.48% during mid-day trading on Thursday, hitting $56.29. Capital One (COF) has a one year low of $46.53 and a one year high of $62.92. The stock’s 50-day moving average is currently $59.07. The company has a market cap of $32.603 billion and a P/E ratio of 9.19.
Capital One last released its earnings data on Thursday, January 17th. The company reported $1.41 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.64 by $0.23. The company had revenue of $5.62 billion for the quarter, compared to the consensus estimate of $5.88 billion. During the same quarter in the prior year, the company posted $0.88 earnings per share. The company’s quarterly revenue was up 38.9% on a year-over-year basis. Analysts expect that Capital One (COF) will post $6.53 EPS for the current fiscal year.
Capital One Financial Corporation is a diversified financial services holding company. The Company and its subsidiaries offer a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels.
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