Capital One Financial Corp. Given Average Rating of “Buy” by Analysts (NYSE:COF)
Capital One Financial Corp. (NYSE:COF) has been given a consensus recommendation of “Buy” by the twenty-two analysts that are covering the company, American Banking News reports. Seven analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $79.37.
In other Capital One Financial Corp. news, Insider Kevin Borgmann sold 2,866 shares of the stock on the open market in a transaction dated Thursday, January 30th. The stock was sold at an average price of $70.67, for a total value of $202,540.22. Following the sale, the insider now directly owns 21,952 shares in the company, valued at approximately $1,551,348. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
A number of analysts have recently weighed in on COF shares. Analysts at UBS AG cut their EPS estimates on shares of Capital One Financial Corp. in a research note on Tuesday. They now have a “buy” rating and a $87.00 price target on the stock. They previously had a $85.00 price target on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Capital One Financial Corp. in a research note on Friday, January 17th. They now have a $80.00 price target on the stock. Finally, analysts at Janney Montgomery Scott reiterated a “fair value” rating on shares of Capital One Financial Corp. in a research note on Friday, January 17th. They now have a $76.00 price target on the stock, down previously from $78.00.
Shares of Capital One Financial Corp. (NYSE:COF) traded up 0.36% during mid-day trading on Wednesday, hitting $71.52. The stock had a trading volume of 538,034 shares. 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 $73.66 and a 200-day moving average of $70.43. The company has a market cap of $41.010 billion and a price-to-earnings ratio of 10.25.
Capital One Financial Corp. (NYSE:COF) last posted its quarterly earnings results on Thursday, January 16th. The company reported $1.48 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.53 by $0.05. The company had revenue of $5.54 billion for the quarter, compared to the consensus estimate of $5.45 billion. During the same quarter last year, the company posted $1.41 earnings per share. Capital One Financial Corp.’s revenue was down 1.4% compared to the same quarter last year. Analysts expect that Capital One Financial Corp. will post $6.83 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, February 21st. Investors of record on Monday, February 10th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.68%. The ex-dividend date is Thursday, February 6th.
Capital One Financial Corporation is a diversified financial services holding company with banking and non-banking subsidiaries.
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