Share on StockTwits

Capital One Financial Corp. (NYSE:COF) reached a new 52-week high on Friday , Analyst Ratings Network reports. The company traded as high as $83.89 and last traded at $83.51, with a volume of 3,249,479 shares trading hands. The stock had previously closed at $82.00.

COF has been the subject of a number of recent research reports. Analysts at Nomura upgraded shares of Capital One Financial Corp. from a “neutral” rating to a “buy” rating in a research note on Monday, June 9th. They now have a $94.00 price target on the stock, up previously from $75.00. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Capital One Financial Corp. in a research note on Monday, June 2nd. They now have a $83.00 price target on the stock. Finally, analysts at Rafferty Capital Markets upgraded shares of Capital One Financial Corp. from a “hold” rating to a “buy” rating in a research note on Monday, April 21st. They now have a $94.00 price target on the stock, up previously from $74.50. Five equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $83.56.

The stock’s 50-day moving average is $78.24 and its 200-day moving average is $74.87. The company has a market cap of $47.639 billion and a P/E ratio of 11.47. Capital One Financial Corp. also was the recipient of unusually large options trading on Thursday. Stock traders bought 10,438 put options on the company. This is an increase of 788% compared to the typical daily volume of 1,175 put options.

Capital One Financial Corp. (NYSE:COF) last released its earnings data on Wednesday, April 16th. The company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.67 by $0.29. The company had revenue of $5.37 billion for the quarter, compared to the consensus estimate of $5.45 billion. During the same quarter in the previous year, the company posted $1.79 earnings per share. The company’s revenue for the quarter was down 3.3% on a year-over-year basis. On average, analysts predict that Capital One Financial Corp. will post $7.17 earnings per share for the current fiscal year.

In other Capital One Financial Corp. news, Insider Jory A. Berson sold 73,955 shares of the company’s stock in a transaction dated Monday, June 9th. The stock was sold at an average price of $82.00, for a total transaction of $6,064,310.00. The sale was disclosed in a filing 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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.