Capital One Financial Corp. (NYSE:COF) – Research analysts at Oppenheimer issued their Q1 2018 earnings estimates for Capital One Financial in a note issued to investors on Tuesday. Oppenheimer analyst B. Chittenden forecasts that the financial services provider will post earnings of $1.98 per share for the quarter. Oppenheimer currently has a “Hold” rating on the stock. Oppenheimer also issued estimates for Capital One Financial’s Q2 2018 earnings at $2.14 EPS, Q4 2018 earnings at $2.37 EPS, FY2018 earnings at $9.09 EPS and FY2019 earnings at $9.45 EPS.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, October 24th. The financial services provider reported $2.42 earnings per share for the quarter, beating analysts’ consensus estimates of $2.15 by $0.27. Capital One Financial had a net margin of 13.34% and a return on equity of 8.25%. The company had revenue of $6.99 billion during the quarter, compared to analysts’ expectations of $6.81 billion. During the same period in the prior year, the company posted $2.03 EPS. The firm’s revenue for the quarter was up 8.1% on a year-over-year basis.

Other equities research analysts have also issued research reports about the stock. BMO Capital Markets restated a “buy” rating and issued a $116.00 price target on shares of Capital One Financial in a research note on Friday, October 6th. Wells Fargo & Co began coverage on shares of Capital One Financial in a research note on Tuesday, October 10th. They set an “outperform” rating and a $96.00 price objective on the stock. Piper Jaffray Companies began coverage on shares of Capital One Financial in a research note on Thursday, September 21st. They set an “underweight” rating and a $81.00 price objective on the stock. Credit Suisse Group restated a “neutral” rating on shares of Capital One Financial in a report on Wednesday, December 27th. Finally, Wedbush upgraded shares of Capital One Financial from an “underperform” rating to a “neutral” rating and set a $80.00 target price for the company in a report on Wednesday, October 25th. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $100.95.

Shares of Capital One Financial (NYSE:COF) traded up $1.83 during mid-day trading on Thursday, hitting $101.27. 562,109 shares of the stock traded hands, compared to its average volume of 1,993,600. The company has a quick ratio of 1.06, a current ratio of 1.07 and a debt-to-equity ratio of 1.17. Capital One Financial has a twelve month low of $76.05 and a twelve month high of $101.43. The company has a market capitalization of $48,200.00, a PE ratio of 14.20, a price-to-earnings-growth ratio of 1.39 and a beta of 1.28.

Capital One Financial declared that its Board of Directors has authorized a stock buyback plan on Tuesday, December 26th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the financial services provider to purchase shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company’s board of directors believes its shares are undervalued.

In other Capital One Financial news, Director Ann F. Hackett sold 11,055 shares of the company’s stock in a transaction that occurred on Wednesday, October 25th. The shares were sold at an average price of $91.18, for a total value of $1,007,994.90. Following the completion of the sale, the director now owns 69,066 shares of the company’s stock, valued at $6,297,437.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Yajnik Sanjiv sold 156,278 shares of the company’s stock in a transaction that occurred on Friday, December 22nd. The shares were sold at an average price of $100.00, for a total transaction of $15,627,800.00. Following the completion of the sale, the insider now directly owns 199,216 shares of the company’s stock, valued at approximately $19,921,600. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 378,192 shares of company stock valued at $36,581,362. Insiders own 1.73% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in COF. BB&T Investment Services Inc. acquired a new position in Capital One Financial during the second quarter worth $108,000. Seven Eight Capital LP boosted its holdings in Capital One Financial by 16.7% during the second quarter. Seven Eight Capital LP now owns 1,400 shares of the financial services provider’s stock worth $116,000 after purchasing an additional 200 shares during the last quarter. Bronfman E.L. Rothschild L.P. boosted its holdings in Capital One Financial by 47.1% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 1,652 shares of the financial services provider’s stock worth $137,000 after purchasing an additional 529 shares during the last quarter. Archford Capital Strategies LLC boosted its holdings in Capital One Financial by 8,078.3% during the second quarter. Archford Capital Strategies LLC now owns 4,907 shares of the financial services provider’s stock worth $140,000 after purchasing an additional 4,847 shares during the last quarter. Finally, Westside Investment Management Inc. boosted its holdings in Capital One Financial by 48.0% during the second quarter. Westside Investment Management Inc. now owns 1,745 shares of the financial services provider’s stock worth $143,000 after purchasing an additional 566 shares during the last quarter. Institutional investors own 88.33% of the company’s stock.

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About Capital One Financial

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.

Earnings History and Estimates for Capital One Financial (NYSE:COF)

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