Capital One Financial Corporation (NYSE:COF) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Capital One Financial Corporation (NYSE:COF) have been assigned an average recommendation of “Moderate Buy” from the twenty-four analysts that are presently covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation and twenty have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $259.9091.

Several equities analysts have issued reports on the stock. Bank of America decreased their price objective on shares of Capital One Financial from $234.00 to $231.00 and set a “buy” rating on the stock in a report on Thursday, July 9th. The Goldman Sachs Group reduced their price target on shares of Capital One Financial from $300.00 to $260.00 and set a “buy” rating for the company in a research report on Tuesday, April 7th. Barclays set a $242.00 price target on shares of Capital One Financial in a research note on Tuesday, July 7th. JPMorgan Chase & Co. lifted their price objective on Capital One Financial from $215.00 to $245.00 and gave the stock an “overweight” rating in a report on Monday. Finally, Argus cut their price objective on Capital One Financial from $260.00 to $250.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd.

Insider Activity at Capital One Financial

In related news, insider Celia Karam sold 1,749 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $192.58, for a total transaction of $336,822.42. Following the completion of the sale, the insider directly owned 61,579 shares in the company, valued at approximately $11,858,883.82. The trade was a 2.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of the firm’s stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $208.00, for a total value of $728,000.00. Following the completion of the transaction, the general counsel owned 90,194 shares in the company, valued at $18,760,352. The trade was a 3.74% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 8,749 shares of company stock valued at $1,708,577 over the last quarter. 0.78% of the stock is owned by company insiders.

Hedge Funds Weigh In On Capital One Financial

Hedge funds and other institutional investors have recently modified their holdings of the business. Brighton Jones LLC raised its holdings in Capital One Financial by 330.1% in the 4th quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock valued at $2,423,000 after acquiring an additional 10,428 shares during the last quarter. Intech Investment Management LLC boosted its holdings in shares of Capital One Financial by 44.3% during the 1st quarter. Intech Investment Management LLC now owns 8,968 shares of the financial services provider’s stock worth $1,608,000 after purchasing an additional 2,753 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in shares of Capital One Financial by 118.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,300 shares of the financial services provider’s stock worth $702,000 after purchasing an additional 1,788 shares during the last quarter. Flow Traders U.S. LLC purchased a new stake in shares of Capital One Financial in the second quarter valued at approximately $218,000. Finally, Jump Financial LLC purchased a new stake in shares of Capital One Financial in the second quarter valued at approximately $1,086,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Trading Up 1.4%

Shares of COF stock opened at $211.86 on Friday. Capital One Financial has a 1-year low of $174.24 and a 1-year high of $259.64. The company has a market cap of $131.84 billion, a price-to-earnings ratio of 74.34, a PEG ratio of 0.74 and a beta of 1.02. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.03 and a quick ratio of 1.03. The stock has a 50 day simple moving average of $193.10 and a 200-day simple moving average of $201.95.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). The company had revenue of $15.23 billion during the quarter, compared to analyst estimates of $15.68 billion. Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. Capital One Financial’s revenue was up 52.3% compared to the same quarter last year. During the same period in the prior year, the business posted $4.06 EPS. On average, equities research analysts expect that Capital One Financial will post 20.03 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 19th were paid a $0.80 dividend. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.5%. Capital One Financial’s payout ratio is currently 112.28%.

Key Stories Impacting Capital One Financial

Here are the key news stories impacting Capital One Financial this week:

• Positive Sentiment: Analysts expect Capital One’s Q2 results to benefit from card loans, net interest income, and fee income, which could help offset near-term pressures and support earnings momentum. Card Loans, Fee Income to Support COF Q2 Earnings, Provisions to Hurt
• Positive Sentiment: Capital One has drawn fresh support from multiple bullish Wall Street calls, with firms such as UBS, BTIG, HSBC, and Piper Sandler turning more constructive on the stock. Capital One Financial (COF) Is Up 8.8% After Cluster Of Upbeat Wall Street Analyst Calls
• Positive Sentiment: Recent commentary from UBS and others suggests Capital One may still be attractive on valuation relative to its growth prospects, especially with optimism around the Discover acquisition and card integration. Is Capital One Financial (COF) Trading At A Discount Or A Premium?
• Neutral Sentiment: Capital One announced up to $500 in travel credits for Spark business cardholders, a customer-perk update that may support product engagement but is unlikely to move the stock on its own. Capital One (COF) Unveils Up To $500 In Spark Business Travel Credits
• Negative Sentiment: Offsetting the positive setup, higher provisions and expenses are expected to pressure Q2 earnings, and the company also faces a $35 million settlement tied to the 2019 data breach class action in Canada, pending court approval. CAPITAL ONE 2019 DATA BREACH CLASS ACTION

About Capital One Financial

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.