Capital One Financial Co. (NYSE:COF) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Capital One Financial Co. (NYSE:COF) has been assigned an average recommendation of “Moderate Buy” from the eighteen research firms that are presently covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $207.73.

Several equities research analysts have issued reports on the stock. Evercore ISI upgraded shares of Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 target price for the company in a research report on Wednesday, March 12th. Wells Fargo & Company boosted their price objective on shares of Capital One Financial from $210.00 to $225.00 and gave the stock an “overweight” rating in a report on Thursday, April 24th. Royal Bank of Canada set a $190.00 price objective on shares of Capital One Financial and gave the stock a “sector perform” rating in a report on Monday, April 14th. Citigroup lowered their price objective on shares of Capital One Financial from $245.00 to $230.00 and set a “buy” rating for the company in a report on Monday, March 24th. Finally, Truist Financial boosted their price objective on shares of Capital One Financial from $215.00 to $225.00 and gave the stock a “buy” rating in a report on Friday, April 25th.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Michael Zamsky sold 9,560 shares of the company’s stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $199.40, for a total transaction of $1,906,264.00. Following the transaction, the insider now owns 20,089 shares in the company, valued at approximately $4,005,746.60. This represents a 32.24% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ann F. Hackett sold 1,658 shares of the company’s stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $198.70, for a total transaction of $329,444.60. Following the transaction, the director now owns 56,244 shares in the company, valued at $11,175,682.80. This represents a 2.86% decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.26% of the company’s stock.

Institutional Investors Weigh In On Capital One Financial

Hedge funds and other institutional investors have recently made changes to their positions in the business. WPG Advisers LLC purchased a new stake in shares of Capital One Financial during the 1st quarter valued at about $25,000. Bfsg LLC purchased a new stake in shares of Capital One Financial during the 4th quarter valued at about $27,000. Saudi Central Bank purchased a new stake in shares of Capital One Financial during the 1st quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Capital One Financial during the 4th quarter valued at about $27,000. Finally, TruNorth Capital Management LLC purchased a new stake in shares of Capital One Financial during the 4th quarter valued at about $29,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Trading Up 0.1%

Shares of Capital One Financial stock opened at $197.36 on Tuesday. Capital One Financial has a 1 year low of $128.23 and a 1 year high of $210.67. The firm has a market cap of $75.62 billion, a PE ratio of 17.03, a PEG ratio of 1.19 and a beta of 1.13. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The company has a 50 day simple moving average of $176.22 and a two-hundred day simple moving average of $184.17.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.75 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business had revenue of $10 billion during the quarter, compared to analyst estimates of $10.07 billion. Analysts expect that Capital One Financial will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Friday, May 23rd will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.22%. The ex-dividend date is Friday, May 23rd. Capital One Financial’s dividend payout ratio is currently 20.15%.

About Capital One Financial

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.