Capital One Financial (NYSE:COF) Raised to “Buy” at Wall Street Zen

Capital One Financial (NYSE:COF) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Saturday.

Other equities research analysts have also issued reports about the stock. Royal Bank Of Canada cut their target price on shares of Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating on the stock in a report on Friday, April 10th. The Goldman Sachs Group decreased 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 report on Tuesday, April 7th. Evercore lowered their price objective on shares of Capital One Financial from $265.00 to $222.00 and set an “outperform” rating for the company in a research report on Monday, April 6th. Morgan Stanley dropped their price objective on Capital One Financial from $300.00 to $273.00 and set an “overweight” rating on the stock in a research note on Thursday, April 16th. Finally, Truist Financial reduced their target price on Capital One Financial from $275.00 to $255.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Twenty investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $259.82.

Capital One Financial Stock Performance

Shares of COF stock opened at $202.53 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.02 and a quick ratio of 1.03. The stock has a market cap of $126.03 billion, a PE ratio of 12.53, a price-to-earnings-growth ratio of 0.75 and a beta of 1.02. The stock has a 50-day moving average of $195.38 and a 200-day moving average of $200.56. Capital One Financial has a one year low of $174.24 and a one year high of $259.64.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, beating analysts’ consensus estimates of $4.79 by $1.02. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. The business had revenue of $15.83 billion for the quarter, compared to the consensus estimate of $15.76 billion. During the same period last year, the company posted $5.48 EPS. Capital One Financial’s revenue for the quarter was up 26.9% on a year-over-year basis. As a group, sell-side analysts expect that Capital One Financial will post 19.93 earnings per share for the current year.

Insider Buying and Selling at Capital One Financial

In related news, insider Celia Karam sold 1,749 shares of the firm’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $192.58, for a total transaction of $336,822.42. Following the sale, the insider directly owned 61,579 shares in the company, valued at $11,858,883.82. This trade represents a 2.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 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 business’s stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $208.00, for a total transaction of $728,000.00. Following the completion of the sale, the general counsel directly owned 90,194 shares in the company, valued at $18,760,352. This represents a 3.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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 in the last three months. 0.78% of the stock is owned by insiders.

Institutional Trading of Capital One Financial

A number of institutional investors have recently modified their holdings of the company. Evolution Wealth Management Inc. raised its position in Capital One Financial by 529.4% in the 4th quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock valued at $26,000 after buying an additional 90 shares during the last quarter. VSM Wealth Advisory LLC acquired a new position in Capital One Financial during the 4th quarter worth approximately $27,000. Cherry Tree Wealth Management LLC grew its stake in shares of Capital One Financial by 1,312.5% during the 4th quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 105 shares in the last quarter. Ballast Advisors LLC bought a new position in shares of Capital One Financial during the 1st quarter worth approximately $27,000. Finally, Strive Asset Management LLC acquired a new stake in shares of Capital One Financial in the third quarter valued at approximately $28,000. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial News Roundup

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

• Positive Sentiment: Capital One’s Q2 results showed improved profitability, with the company swinging back to net income and posting higher net interest income, reinforcing the view that its core business momentum remains solid.
• Positive Sentiment: Multiple reports highlighted bullish analyst sentiment, including Piper Sandler and Morgan Stanley maintaining buy ratings, while one note set a $260 price target, suggesting meaningful upside from current levels.
• Positive Sentiment: Several articles pointed to Capital One’s technology and AI advantages, including its cloud-native infrastructure and open-source security tool VulnHunter, which support the company’s long-term competitive positioning.
• Neutral Sentiment: Capital One is also being viewed as a value stock after earnings, with coverage noting that the shares trade at a discount to peers on forward earnings and tangible book value.
• Negative Sentiment: The stock is facing overhang from legal and regulatory headlines, including a Zelle fraud lawsuit, a Canada data-breach settlement, and reports that customer payouts from a separate $425 million settlement may be delayed after an appeal.

Capital One Financial Company Profile

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.