Capital One Financial Corp. (COF) Releases Quarterly Earnings Results, Misses Estimates By $0.05 EPS
Capital One Financial Corp. (NYSE:COF) released its earnings data on Thursday. The company reported $1.48 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.53 by $0.05, Analyst Ratings.Net reports.
Capital One Financial Corp. (NYSE:COF) traded down 0.77% on Thursday, hitting $76.44. 3,085,686 shares of the company’s stock traded hands. Capital One Financial Corp. has a 52 week low of $50.21 and a 52 week high of $78.49. The stock’s 50-day moving average is $74.47 and its 200-day moving average is $69.84. The company has a market cap of $44.511 billion and a price-to-earnings ratio of 11.12.
In other Capital One Financial Corp. news, Insider Robert Alexander unloaded 9,104 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $76.74, for a total value of $698,640.96. Following the completion of 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 filing with the Securities & Exchange Commission, which can be accessed through this link.
COF has been the subject of a number of recent research reports. 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 assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $78.22.
Capital One Financial Corporation is a diversified financial services holding company with banking and non-banking subsidiaries.
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