A number of research firms have changed their ratings and price targets for Capital One Financial Corporation (NYSE: COF):

  • 10/30/2017 – Capital One Financial Corporation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Capital One’s shares have underperformed the industry in the last six months. The company surpassed the Zacks Consensus Estimate for earnings only in two of the trailing four quarters. The company’s third quarter 2017 results were driven by higher revenues and easing margin pressure, while a rise in operating expenses and higher credit costs were undermining factors. A solid liquidity position and strength in the credit card and online banking businesses position it well for long term growth. The acquisition of Cabela's credit card portfolio further supports the company's prospects. However, continuously increasing expenses (mainly due to a rise in salaries and marketing costs) will hurt the company's bottom-line growth. Also, its asset quality is expected to remain under pressure due to losses in the auto portfolio and U.S. card business.”
  • 10/27/2017 – Capital One Financial Corporation had its “sell” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $81.00 price target on the stock.
  • 10/27/2017 – Capital One Financial Corporation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $102.00 price target on the stock. According to Zacks, “Capital One’s shares have outperformed the industry in the last six months. The company surpassed the Zacks Consensus Estimate for earnings only in two of the trailing four quarters. The company’s third quarter 2017 results were driven by higher revenues and easing margin pressure, while a rise in operating expenses and higher credit costs were undermining factors. A solid liquidity position and strength in the credit card and online banking businesses position Capital One well for long term growth. The acquisition of Cabela's credit card portfolio further supports the company's prospects. However, continuously increasing expenses and deteriorating asset quality are expected to continue hurting the company’s financials in the near-term.”
  • 10/25/2017 – Capital One Financial Corporation was upgraded by analysts at Wedbush from an “underperform” rating to a “neutral” rating. They now have a $80.00 price target on the stock.
  • 10/25/2017 – Capital One Financial Corporation had its price target raised by analysts at Wells Fargo & Company from $96.00 to $98.00. They now have an “outperform” rating on the stock.
  • 10/25/2017 – Capital One Financial Corporation had its price target raised by analysts at Bank of America Corporation from $89.00 to $91.00. They now have a “neutral” rating on the stock.
  • 10/25/2017 – Capital One Financial Corporation had its price target raised by analysts at BMO Capital Markets from $116.00 to $118.00. They now have an “outperform” rating on the stock.
  • 10/24/2017 – Capital One Financial Corporation had its “hold” rating reaffirmed by analysts at Oppenheimer Holdings, Inc..
  • 10/10/2017 – Capital One Financial Corporation is now covered by analysts at Wells Fargo & Company. They set an “outperform” rating and a $96.00 price target on the stock.
  • 10/9/2017 – Capital One Financial Corporation was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Capital One’s shares have underperformed the industry in the last six months. The company surpassed the Zacks Consensus Estimate for earnings only in two of the trailing four quarters. Moreover, continuously increasing expenses (mainly due to a rise in salaries and marketing costs) are likely to hurt the company's bottom-line growth, going forward. Also, its asset quality is expected to remain under pressure due to losses in the auto portfolio and U.S. card business. However, a solid liquidity position and strength in the credit card and online banking businesses position Capital One well for long term growth. The acquisition of Cabela's credit card portfolio further support the company's prospects.”
  • 10/6/2017 – Capital One Financial Corporation had its “buy” rating reaffirmed by analysts at BMO Capital Markets. They now have a $116.00 price target on the stock.
  • 10/2/2017 – Capital One Financial Corporation is now covered by analysts at Buckingham Research. They set a “buy” rating and a $99.00 price target on the stock.
  • 9/21/2017 – Capital One Financial Corporation is now covered by analysts at Piper Jaffray Companies. They set an “underweight” rating and a $81.00 price target on the stock.
  • 9/20/2017 – Capital One Financial Corporation was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Capital One’s shares have underperformed the industry in the last six months. The company surpassed the Zacks Consensus Estimate for earnings only in two of the trailing four quarters. Moreover, continuously increasing expenses (mainly due to a rise in salaries and marketing costs) are likely to hurt the company's bottom-line growth, going forward. Though a solid liquidity position and strength in the credit card and online banking businesses position it well for long term growth, the company’s asset quality is expected to remain under pressure due to losses in the auto portfolio and U.S. card business.”

Capital One Financial Corporation (NYSE:COF) traded down $0.95 during trading on Wednesday, reaching $86.00. The company had a trading volume of 3,369,400 shares, compared to its average volume of 2,645,137. Capital One Financial Corporation has a twelve month low of $76.05 and a twelve month high of $96.92. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.06 and a current ratio of 1.07. The stock has a market capitalization of $42,480.00, a PE ratio of 11.47, a price-to-earnings-growth ratio of 1.30 and a beta of 1.30.

Capital One Financial Corporation (NYSE:COF) last posted its earnings results on Tuesday, October 24th. The financial services provider reported $2.42 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.15 by $0.27. Capital One Financial Corporation had a return on equity of 8.25% and a net margin of 13.34%. The business had revenue of $6.99 billion during the quarter, compared to analysts’ expectations of $6.81 billion. During the same period in the previous year, the business earned $2.03 earnings per share. The firm’s revenue was up 8.1% on a year-over-year basis. equities research analysts predict that Capital One Financial Corporation will post 7.94 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 24th. Investors of record on Monday, November 13th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.86%. The ex-dividend date is Friday, November 10th. Capital One Financial Corporation’s payout ratio is 22.44%.

In other news, Director Ann F. Hackett sold 11,055 shares of the company’s stock in a transaction dated Wednesday, October 25th. The stock was sold at an average price of $91.18, for a total value of $1,007,994.90. Following the completion of the transaction, the director now directly owns 69,066 shares in the company, valued at approximately $6,297,437.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mayo A. Shattuck III sold 24,167 shares of the company’s stock in a transaction dated Friday, October 27th. The stock was sold at an average price of $92.71, for a total value of $2,240,522.57. Following the completion of the transaction, the director now owns 59,613 shares of the company’s stock, valued at $5,526,721.23. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 43,514 shares of company stock valued at $4,011,299. 1.73% of the stock is owned by company insiders.

Capital One Financial Corporation is a diversified financial services holding company. The Company, along with its subsidiaries, offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company’s segments include Credit Card, Consumer Banking, Commercial Banking and Other.

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