Favorable News Coverage Somewhat Unlikely to Impact Capital One Financial Corporation (COF) Share Price
Media stories about Capital One Financial Corporation (NYSE:COF) have been trending positive on Tuesday, Accern reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Capital One Financial Corporation earned a coverage optimism score of 0.28 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 46.3687667127517 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media stories that may have effected Accern’s rankings:
- Notable ETF Outflow Detected – PRF, AXP, COF, PNC – Nasdaq (nasdaq.com)
- Capital One Financial Corp. :COF-US: Earnings Analysis: Q3, 2017 By the Numbers : November 20, 2017 (finance.yahoo.com)
- Capital One’s 450-plus job cuts make up half of state layoffs in October (chicagotribune.com)
- Comparing NetSpend Holdings (NTSP) and Capital One Financial Corporation (COF) (americanbankingnews.com)
- Capital One Financial Corp. – Value Analysis (NYSE:COF) : November 17, 2017 (finance.yahoo.com)
Shares of Capital One Financial Corporation (NYSE COF) traded down $0.51 during midday trading on Tuesday, hitting $87.76. The stock had a trading volume of 528,538 shares, compared to its average volume of 2,634,288. Capital One Financial Corporation has a twelve month low of $76.05 and a twelve month high of $96.92. The stock has a market capitalization of $42,970.00, a P/E ratio of 11.59, a price-to-earnings-growth ratio of 1.31 and a beta of 1.30. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.06 and a current ratio of 1.07.
Capital One Financial Corporation (NYSE:COF) last announced its earnings results on Tuesday, October 24th. The financial services provider reported $2.42 EPS for the quarter, beating the consensus estimate of $2.15 by $0.27. The business had revenue of $6.99 billion during the quarter, compared to the consensus estimate of $6.81 billion. Capital One Financial Corporation had a return on equity of 8.25% and a net margin of 13.34%. Capital One Financial Corporation’s revenue was up 8.1% compared to the same quarter last year. During the same period in the prior year, the business posted $2.03 earnings per share. research analysts anticipate that Capital One Financial Corporation will post 7.94 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 24th. Investors of record on Monday, November 13th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.82%. The ex-dividend date of this dividend is Friday, November 10th. Capital One Financial Corporation’s dividend payout ratio is currently 22.44%.
A number of equities analysts have issued reports on the company. Compass Point assumed coverage on Capital One Financial Corporation in a research report on Thursday, August 10th. They issued a “neutral” rating and a $90.00 target price on the stock. Keefe, Bruyette & Woods set a $106.00 target price on Capital One Financial Corporation and gave the company a “buy” rating in a research report on Tuesday, August 15th. BidaskClub lowered Capital One Financial Corporation from a “sell” rating to a “strong sell” rating in a research report on Monday, August 14th. Zacks Investment Research raised Capital One Financial Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, July 27th. Finally, Buckingham Research assumed coverage on Capital One Financial Corporation in a research report on Monday, October 2nd. They issued a “buy” rating and a $99.00 target price on the stock. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. Capital One Financial Corporation has an average rating of “Hold” and an average target price of $95.52.
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In other news, Director Ann F. Hackett sold 11,055 shares of the firm’s stock in a transaction dated Wednesday, October 25th. The stock was sold at an average price of $91.18, for a total transaction of $1,007,994.90. Following the completion of the sale, the director now directly owns 69,066 shares of the company’s stock, valued at approximately $6,297,437.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Michael Slocum sold 8,292 shares of the firm’s stock in a transaction dated Friday, November 3rd. The stock was sold at an average price of $91.99, for a total value of $762,781.08. Following the sale, the insider now directly owns 53,613 shares of the company’s stock, valued at $4,931,859.87. The disclosure for this sale can be found here. Over the last three months, insiders sold 43,514 shares of company stock valued at $4,011,299. Company insiders own 1.73% of the company’s stock.
About Capital One Financial Corporation
Capital One Financial Corporation is a diversified financial services holding company. The Company, along with its subsidiaries, offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company’s segments include Credit Card, Consumer Banking, Commercial Banking and Other.
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