Equities analysts expect that Capital One Financial Corp. (NYSE:COF) will report earnings of $1.85 per share for the current quarter, according to Zacks. Eight analysts have issued estimates for Capital One Financial’s earnings. The lowest EPS estimate is $1.77 and the highest is $1.95. Capital One Financial posted earnings per share of $1.45 during the same quarter last year, which would indicate a positive year over year growth rate of 27.6%. The firm is scheduled to announce its next quarterly earnings report after the market closes on Tuesday, January 23rd.

On average, analysts expect that Capital One Financial will report full-year earnings of $7.48 per share for the current financial year, with EPS estimates ranging from $7.39 to $7.58. For the next financial year, analysts expect that the company will report earnings of $9.02 per share, with EPS estimates ranging from $7.88 to $9.99. Zacks Investment Research’s EPS averages are a mean average based on a survey of analysts that that provide coverage for Capital One Financial.

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 (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate 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 firm had revenue of $6.99 billion for the quarter, compared to the consensus estimate of $6.81 billion. During the same quarter in the prior year, the company posted $2.03 earnings per share. The company’s revenue for the quarter was up 8.1% compared to the same quarter last year.

COF has been the topic of several recent analyst reports. Zacks Investment Research upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and set a $102.00 price objective on the stock in a report on Friday, October 27th. BMO Capital Markets restated a “buy” rating and set a $116.00 price objective on shares of Capital One Financial in a report on Friday, October 6th. Buckingham Research assumed coverage on shares of Capital One Financial in a report on Monday, October 2nd. They issued a “buy” rating and a $99.00 price target on the stock. Bank of America upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and set a $107.00 price target on the stock in a report on Monday, December 18th. Finally, Compass Point upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and increased their price target for the stock from $99.52 to $122.00 in a report on Friday, December 22nd. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $102.14.

In other Capital One Financial news, insider Yajnik Sanjiv sold 156,278 shares of the company’s stock in a transaction that occurred on Friday, December 22nd. The stock was sold at an average price of $100.00, for a total value of $15,627,800.00. Following the sale, the insider now owns 199,216 shares in the company, valued at approximately $19,921,600. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Ann F. Hackett sold 11,055 shares of the company’s stock in a transaction that occurred on 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 sale, the director now owns 69,066 shares in the company, valued at approximately $6,297,437.88. The disclosure for this sale can be found here. In the last 90 days, insiders sold 435,282 shares of company stock worth $42,264,713. Insiders own 1.73% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in COF. BB&T Investment Services Inc. purchased a new stake in Capital One Financial in the 2nd quarter worth approximately $108,000. Seven Eight Capital LP lifted its position in shares of Capital One Financial by 16.7% during the 2nd quarter. Seven Eight Capital LP now owns 1,400 shares of the financial services provider’s stock valued at $116,000 after buying an additional 200 shares in the last quarter. Archford Capital Strategies LLC lifted its position in shares of Capital One Financial by 8,078.3% during the 2nd quarter. Archford Capital Strategies LLC now owns 4,907 shares of the financial services provider’s stock valued at $140,000 after buying an additional 4,847 shares in the last quarter. Westside Investment Management Inc. lifted its position in shares of Capital One Financial by 48.0% during the 2nd quarter. Westside Investment Management Inc. now owns 1,745 shares of the financial services provider’s stock valued at $143,000 after buying an additional 566 shares in the last quarter. Finally, Camelot Portfolios LLC purchased a new position in shares of Capital One Financial during the 3rd quarter valued at approximately $201,000. Institutional investors and hedge funds own 88.33% of the company’s stock.

Capital One Financial (NYSE COF) opened at $104.42 on Wednesday. Capital One Financial has a fifty-two week low of $76.05 and a fifty-two week high of $106.47. The company has a current ratio of 1.07, a quick ratio of 1.06 and a debt-to-equity ratio of 1.17. The stock has a market cap of $50,620.00, a PE ratio of 14.65, a PEG ratio of 1.39 and a beta of 1.28.

Capital One Financial announced that its board has approved a stock buyback program 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 reacquire shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s management believes its stock is undervalued.

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Capital One Financial Company Profile

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

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