Wolfe Research began coverage on shares of Capital One Financial (NYSE:COF) in a note issued to investors on Friday, The Fly reports. The brokerage set an “outperform” rating on the financial services provider’s stock.
A number of other brokerages have also recently issued reports on COF. Piper Sandler increased their price objective on shares of Capital One Financial from $77.00 to $82.00 in a research note on Wednesday, July 22nd. Barclays reaffirmed a “buy” rating and issued a $93.00 target price on shares of Capital One Financial in a report on Thursday, April 9th. Royal Bank of Canada upped their target price on shares of Capital One Financial from $58.00 to $72.00 in a report on Thursday, June 11th. Zacks Investment Research raised shares of Capital One Financial from a “sell” rating to a “hold” rating and set a $69.00 target price on the stock in a report on Wednesday, May 27th. Finally, Credit Suisse Group lowered their target price on shares of Capital One Financial from $75.00 to $72.00 and set an “outperform” rating on the stock in a report on Friday, April 24th. Five equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $85.47.
Shares of COF stock opened at $63.80 on Friday. Capital One Financial has a 52-week low of $38.00 and a 52-week high of $107.59. The stock has a market cap of $29.05 billion, a price-to-earnings ratio of -172.43 and a beta of 1.75. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.96 and a current ratio of 0.96. The firm has a fifty day moving average of $64.43 and a 200-day moving average of $72.37.
Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, July 21st. The financial services provider reported ($2.21) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.25) by ($0.96). Capital One Financial had a net margin of 0.74% and a return on equity of 1.67%. The business had revenue of $6.56 billion during the quarter, compared to analyst estimates of $6.88 billion. During the same quarter in the prior year, the company posted $3.24 EPS. On average, sell-side analysts predict that Capital One Financial will post -2.26 earnings per share for the current year.
In other Capital One Financial news, insider Timothy P. Golden sold 3,334 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $57.63, for a total transaction of $192,138.42. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 1.47% of the company’s stock.
A number of institutional investors have recently added to or reduced their stakes in COF. Quadrant Capital Group LLC lifted its position in Capital One Financial by 22.8% during the 4th quarter. Quadrant Capital Group LLC now owns 2,845 shares of the financial services provider’s stock valued at $273,000 after purchasing an additional 528 shares during the period. Guggenheim Capital LLC lifted its position in Capital One Financial by 5.0% during the 4th quarter. Guggenheim Capital LLC now owns 53,616 shares of the financial services provider’s stock valued at $5,518,000 after purchasing an additional 2,537 shares during the period. Advisors Asset Management Inc. lifted its position in Capital One Financial by 28.9% during the 4th quarter. Advisors Asset Management Inc. now owns 3,835 shares of the financial services provider’s stock valued at $393,000 after purchasing an additional 859 shares during the period. Sunbelt Securities Inc. acquired a new position in Capital One Financial during the 4th quarter valued at about $215,000. Finally, Fulton Bank N.A. lifted its position in Capital One Financial by 11.0% during the 1st quarter. Fulton Bank N.A. now owns 13,621 shares of the financial services provider’s stock valued at $687,000 after purchasing an additional 1,345 shares during the period. Institutional investors own 89.08% of the company’s stock.
About Capital One Financial
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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