Wedbush Analysts Give Capital One Financial (COF) a $95.00 Price Target
Other equities analysts also recently issued reports about the stock. BMO Capital Markets reissued a buy rating and issued a $116.00 price target on shares of Capital One Financial in a report on Friday, October 6th. Buckingham Research started coverage on shares of Capital One Financial in a report on Monday, October 2nd. They set a buy rating and a $99.00 price objective on the stock. Keefe, Bruyette & Woods set a $106.00 price objective on shares of Capital One Financial and gave the company a buy rating in a report on Tuesday, August 15th. Zacks Investment Research raised shares of Capital One Financial from a hold rating to a buy rating and set a $102.00 price objective on the stock in a report on Friday, October 27th. Finally, Morgan Stanley downgraded shares of Capital One Financial from an overweight rating to an equal weight rating and dropped their price objective for the company from $97.00 to $83.00 in a report on Friday, September 8th. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. Capital One Financial has an average rating of Hold and an average target price of $96.24.
Capital One Financial (NYSE COF) opened at $94.72 on Monday. The company has a quick ratio of 1.06, a current ratio of 1.07 and a debt-to-equity ratio of 1.17. The firm has a market cap of $46,637.24, a PE ratio of 12.69, a P/E/G ratio of 1.43 and a beta of 1.28. Capital One Financial has a fifty-two week low of $76.05 and a fifty-two week high of $96.92.
Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, October 24th. The financial services provider reported $2.42 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.15 by $0.27. The company had revenue of $6.99 billion for the quarter, compared to the consensus estimate of $6.81 billion. Capital One Financial had a net margin of 13.34% and a return on equity of 8.25%. The firm’s quarterly revenue was up 8.1% on a year-over-year basis. During the same period in the previous year, the firm earned $2.03 EPS. analysts predict that Capital One Financial will post 7.97 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Friday, November 24th. Stockholders of record on Monday, November 13th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date was Friday, November 10th. Capital One Financial’s payout ratio is 22.63%.
In other news, insider Robert M. Alexander sold 76,354 shares of the stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $94.84, for a total value of $7,241,413.36. Following the sale, the insider now directly owns 89,603 shares of the company’s stock, valued at $8,497,948.52. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Ann F. Hackett sold 11,055 shares of the company’s stock in a transaction that occurred on 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 transaction, the director now owns 69,066 shares in the company, valued at $6,297,437.88. The disclosure for this sale can be found here. Over the last three months, insiders sold 131,868 shares of company stock worth $12,378,192. Insiders own 1.73% of the company’s stock.
Hedge funds have recently bought and sold shares of the stock. BB&T Investment Services Inc. bought a new position in shares of Capital One Financial in the second quarter worth approximately $108,000. Seven Eight Capital LP increased its position in shares of Capital One Financial by 16.7% in the second quarter. Seven Eight Capital LP now owns 1,400 shares of the financial services provider’s stock worth $116,000 after purchasing an additional 200 shares during the last quarter. Bronfman E.L. Rothschild L.P. increased its position in shares of Capital One Financial by 47.1% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 1,652 shares of the financial services provider’s stock worth $137,000 after purchasing an additional 529 shares during the last quarter. Archford Capital Strategies LLC increased its position in shares of Capital One Financial by 8,078.3% in the second quarter. Archford Capital Strategies LLC now owns 4,907 shares of the financial services provider’s stock worth $140,000 after purchasing an additional 4,847 shares during the last quarter. Finally, Westside Investment Management Inc. increased its position in shares of Capital One Financial by 48.0% in the second quarter. Westside Investment Management Inc. now owns 1,745 shares of the financial services provider’s stock worth $143,000 after purchasing an additional 566 shares during the last quarter. Institutional investors own 88.43% of the company’s stock.
Capital One Financial Company Profile
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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