Capital One Financial (COF) to Release Earnings on Thursday

Capital One Financial (NYSE:COF) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, April 25th. Analysts expect Capital One Financial to post earnings of $3.40 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Thursday, January 25th. The financial services provider reported $2.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.50 by ($0.26). The firm had revenue of $9.51 billion for the quarter, compared to the consensus estimate of $9.45 billion. Capital One Financial had a return on equity of 9.24% and a net margin of 9.88%. On average, analysts expect Capital One Financial to post $14 EPS for the current fiscal year and $16 EPS for the next fiscal year.

Capital One Financial Price Performance

NYSE COF opened at $136.73 on Thursday. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.85. The company has a fifty day simple moving average of $139.06 and a 200 day simple moving average of $123.61. The company has a market cap of $52.01 billion, a P/E ratio of 11.44, a P/E/G ratio of 1.00 and a beta of 1.48. Capital One Financial has a 1 year low of $83.93 and a 1 year high of $149.27.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 23rd. Investors of record on Monday, February 12th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.76%. The ex-dividend date was Friday, February 9th. Capital One Financial’s dividend payout ratio is currently 20.08%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on COF shares. UBS Group upped their price objective on shares of Capital One Financial from $132.00 to $140.00 and gave the stock a “neutral” rating in a report on Thursday, February 29th. Piper Sandler upped their price objective on shares of Capital One Financial from $126.00 to $142.00 and gave the stock a “neutral” rating in a report on Friday, February 23rd. Robert W. Baird downgraded shares of Capital One Financial from an “outperform” rating to a “neutral” rating and reduced their price target for the company from $150.00 to $145.00 in a report on Monday, January 8th. BMO Capital Markets increased their price target on shares of Capital One Financial from $124.00 to $125.00 and gave the company a “market perform” rating in a report on Monday, January 29th. Finally, Citigroup increased their price target on shares of Capital One Financial from $152.00 to $165.00 and gave the company a “buy” rating in a report on Friday, February 23rd. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, Capital One Financial presently has an average rating of “Hold” and a consensus price target of $137.05.

Institutional Investors Weigh In On Capital One Financial

A number of hedge funds have recently made changes to their positions in COF. Hobbs Group Advisors LLC acquired a new stake in shares of Capital One Financial during the 4th quarter worth about $27,000. Resurgent Financial Advisors LLC acquired a new stake in shares of Capital One Financial during the 4th quarter worth about $34,000. Neo Ivy Capital Management acquired a new stake in shares of Capital One Financial during the 2nd quarter worth about $37,000. Coppell Advisory Solutions LLC acquired a new stake in shares of Capital One Financial during the 2nd quarter worth about $52,000. Finally, Covestor Ltd increased its position in shares of Capital One Financial by 187.0% during the 1st quarter. Covestor Ltd now owns 660 shares of the financial services provider’s stock worth $87,000 after purchasing an additional 430 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Company Profile

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.