Capital One Financial Corp. (COF) to Release Earnings on Thursday
Capital One Financial Corp. (NYSE:COF) will be releasing its earnings data on Thursday, January 16th. Persons interested in registering for the company’s earnings conference call can do so using this link.
Capital One Financial Corp. (NYSE:COF) last issued its quarterly earnings data on Thursday, October 17th. The company reported $1.86 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.76 by $0.10. The company had revenue of $5.70 billion for the quarter, compared to the consensus estimate of $5.58 billion. During the same quarter last year, the company posted $2.01 earnings per share. Capital One Financial Corp.’s revenue was up .2% compared to the same quarter last year. On average, analysts expect Capital One Financial Corp. to post $7.07 EPS for the current fiscal year and $6.95 EPS for the next fiscal year.
Capital One Financial Corp. (NYSE:COF) opened at 77.36 on Wednesday. Capital One Financial Corp. has a 52 week low of $50.21 and a 52 week high of $78.49. The stock has a 50-day moving average of $74.28 and a 200-day moving average of $69.78. The company has a market cap of $45.047 billion and a P/E ratio of 11.02.
A number of analysts have recently weighed in on COF shares. Analysts at UBS AG initiated coverage on shares of Capital One Financial Corp. in a research note to investors on Monday. They set a “buy” rating and a $87.00 price target on the stock. They noted that the move was a valuation call. On the ratings front, analysts at Barclays raised their price target on shares of Capital One Financial Corp. from $80.00 to $86.00 in a research note to investors on Thursday, January 9th. They now have an “overweight” rating on the stock. Finally, analysts at Goldman Sachs Group Inc. upgraded shares of Capital One Financial Corp. from a “buy” rating to a “conviction-buy” rating in a research note to investors on Tuesday, January 7th. They now have a $90.00 price target on the stock, up previously from $80.00. Six research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Capital One Financial Corp. has a consensus rating of “Buy” and a consensus target price of $78.22.
In other Capital One Financial Corp. news, Insider Robert Alexander sold 9,104 shares of Capital One Financial Corp. stock on the open market in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $76.74, for a total value of $698,640.96. Following the transaction, the insider now directly owns 80,628 shares in the company, valued at approximately $6,187,393. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Capital One Financial Corporation is a diversified financial services holding company with banking and non-banking subsidiaries.
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