Capital One Financial Corp. (NYSE:COF) Receives $104.80 Consensus Price Target from Brokerages

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Shares of Capital One Financial Corp. (NYSE:COF) have been assigned a consensus recommendation of “Hold” from the nineteen analysts that are covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and nine have given a buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $104.87.

Several research analysts recently issued reports on the company. Morgan Stanley restated a “hold” rating and set a $104.00 price objective on shares of Capital One Financial in a research report on Tuesday, October 29th. ValuEngine downgraded Capital One Financial from a “hold” rating to a “sell” rating in a research report on Thursday, August 1st. Piper Jaffray Companies cut their price target on Capital One Financial from $111.00 to $107.00 and set an “overweight” rating for the company in a report on Wednesday, September 11th. Zacks Investment Research downgraded Capital One Financial from a “buy” rating to a “hold” rating and set a $101.00 price target for the company. in a report on Wednesday. Finally, Credit Suisse Group set a $116.00 price target on Capital One Financial and gave the company a “buy” rating in a report on Friday, October 25th.

In related news, insider Timothy P. Golden sold 2,216 shares of the company’s stock in a transaction on Wednesday, October 30th. The shares were sold at an average price of $94.50, for a total transaction of $209,412.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Bradford H. Warner sold 3,777 shares of the company’s stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $91.68, for a total transaction of $346,275.36. Following the sale, the director now directly owns 43,207 shares of the company’s stock, valued at $3,961,217.76. The disclosure for this sale can be found here. 1.43% of the stock is currently owned by corporate insiders.

Hedge funds have recently modified their holdings of the business. Next Capital Management LLC acquired a new stake in Capital One Financial during the second quarter worth about $25,000. Coastal Capital Group Inc. bought a new position in Capital One Financial in the 2nd quarter worth about $39,000. Camarda Financial Advisors LLC grew its position in Capital One Financial by 318.9% in the 2nd quarter. Camarda Financial Advisors LLC now owns 444 shares of the financial services provider’s stock worth $40,000 after purchasing an additional 338 shares during the last quarter. KCS Wealth Advisory bought a new position in Capital One Financial in the 3rd quarter worth about $45,000. Finally, Vista Private Wealth Partners. LLC bought a new position in Capital One Financial in the 3rd quarter worth about $58,000. Hedge funds and other institutional investors own 88.78% of the company’s stock.

Shares of COF stock traded up $2.00 during midday trading on Friday, reaching $95.25. 2,290,425 shares of the company traded hands, compared to its average volume of 2,012,158. The firm’s 50 day simple moving average is $91.02 and its two-hundred day simple moving average is $90.05. Capital One Financial has a 1-year low of $69.90 and a 1-year high of $98.62. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.02 and a quick ratio of 1.01. The firm has a market cap of $43.86 billion, a PE ratio of 8.75, a price-to-earnings-growth ratio of 1.13 and a beta of 1.27.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Thursday, October 24th. The financial services provider reported $3.32 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.87 by $0.45. Capital One Financial had a net margin of 16.84% and a return on equity of 10.40%. The company had revenue of $6.96 billion during the quarter, compared to the consensus estimate of $7.19 billion. During the same period last year, the firm earned $3.12 EPS. The company’s revenue for the quarter was up .0% on a year-over-year basis. As a group, research analysts anticipate that Capital One Financial will post 11.82 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Tuesday, November 12th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, November 8th. This represents a $1.60 dividend on an annualized basis and a yield of 1.68%. Capital One Financial’s dividend payout ratio (DPR) is 14.71%.

Capital One Financial Company Profile

Capital One Financial Corporation operates as the bank 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, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.

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Analyst Recommendations for Capital One Financial (NYSE:COF)

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