Capital One Financial (COF) to Release Earnings on Thursday

Capital One Financial (NYSE:COF) will be announcing its earnings results after the market closes on Thursday, April 25th. Analysts expect the company to announce earnings of $3.40 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Capital One Financial (NYSE:COF) last released its earnings results on Thursday, January 25th. The financial services provider reported $2.24 earnings per share for the quarter, missing analysts’ consensus estimates of $2.50 by ($0.26). Capital One Financial had a return on equity of 9.24% and a net margin of 9.88%. The firm had revenue of $9.51 billion during the quarter, compared to the consensus estimate of $9.45 billion. On average, analysts expect Capital One Financial to post $14 EPS for the current fiscal year and $16 EPS for the next fiscal year.

Capital One Financial Stock Performance

Shares of COF stock opened at $147.89 on Wednesday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.01 and a current ratio of 1.01. Capital One Financial has a fifty-two week low of $83.93 and a fifty-two week high of $149.94. The stock has a 50 day moving average price of $139.82 and a two-hundred day moving average price of $125.28. The company has a market capitalization of $56.25 billion, a P/E ratio of 12.38, a PEG ratio of 1.02 and a beta of 1.48.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 23rd. Stockholders of record on Monday, February 12th were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date was Friday, February 9th. Capital One Financial’s payout ratio is currently 20.08%.

Analysts Set New Price Targets

Several research firms have recently weighed in on COF. Piper Sandler boosted their target price on Capital One Financial from $126.00 to $142.00 and gave the company a “neutral” rating in a research report on Friday, February 23rd. Wolfe Research raised shares of Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price target on the stock in a research report on Thursday, April 4th. Royal Bank of Canada raised their price objective on shares of Capital One Financial from $142.00 to $150.00 and gave the stock a “sector perform” rating in a report on Wednesday, February 21st. Barclays raised their target price on shares of Capital One Financial from $114.00 to $154.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 2nd. Finally, Wells Fargo & Company lifted their price objective on shares of Capital One Financial from $160.00 to $165.00 and gave the company an “overweight” rating in a research report on Wednesday, April 10th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $137.05.

Capital One Financial Company Profile

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.