Capital One Financial Co. (NYSE:COF) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Capital One Financial Co. (NYSE:COF) have received an average recommendation of “Hold” from the twenty-four research firms that are currently covering the firm, Marketbeat Ratings reports. Eleven equities research analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $173.70.

COF has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft cut their target price on shares of Capital One Financial from $194.00 to $192.00 in a research note on Tuesday, January 11th. Piper Sandler lowered shares of Capital One Financial from an “overweight” rating to a “neutral” rating and cut their target price for the company from $164.00 to $143.00 in a research note on Wednesday, April 27th. Bank of America cut their target price on shares of Capital One Financial from $185.00 to $167.00 in a research note on Thursday, March 17th. Citigroup increased their price objective on shares of Capital One Financial from $185.00 to $189.00 and gave the stock a “buy” rating in a research note on Thursday, March 24th. Finally, BMO Capital Markets dropped their price objective on shares of Capital One Financial from $200.00 to $188.00 and set a “buy” rating on the stock in a research note on Wednesday, April 27th.

Shares of COF stock opened at $127.04 on Monday. Capital One Financial has a 12 month low of $119.88 and a 12 month high of $177.95. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.95 and a quick ratio of 0.95. The firm has a market capitalization of $52.29 billion, a P/E ratio of 5.00, a P/E/G ratio of 0.37 and a beta of 1.44. The company’s fifty day moving average price is $133.30 and its two-hundred day moving average price is $145.09.

Capital One Financial (NYSE:COFGet Rating) last issued its earnings results on Tuesday, April 26th. The financial services provider reported $5.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.44 by $0.18. The business had revenue of $8.17 billion for the quarter, compared to analyst estimates of $8.02 billion. Capital One Financial had a net margin of 34.71% and a return on equity of 18.66%. The company’s revenue for the quarter was up 14.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $7.03 EPS. On average, sell-side analysts anticipate that Capital One Financial will post 20.23 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 27th. Stockholders of record on Monday, May 16th will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.89%. The ex-dividend date is Friday, May 13th. Capital One Financial’s dividend payout ratio (DPR) is presently 9.44%.

A number of hedge funds have recently added to or reduced their stakes in the stock. Jacobi Capital Management LLC lifted its stake in Capital One Financial by 10.2% during the first quarter. Jacobi Capital Management LLC now owns 4,833 shares of the financial services provider’s stock valued at $635,000 after purchasing an additional 447 shares during the last quarter. Balentine LLC acquired a new stake in Capital One Financial during the first quarter valued at approximately $408,000. Twin Capital Management Inc. lifted its stake in Capital One Financial by 163.3% during the first quarter. Twin Capital Management Inc. now owns 13,737 shares of the financial services provider’s stock valued at $1,804,000 after purchasing an additional 8,520 shares during the last quarter. Smith Graham & Co. Investment Advisors LP lifted its stake in Capital One Financial by 3.5% during the first quarter. Smith Graham & Co. Investment Advisors LP now owns 34,288 shares of the financial services provider’s stock valued at $4,502,000 after purchasing an additional 1,167 shares during the last quarter. Finally, ARGA Investment Management LP lifted its stake in Capital One Financial by 29.3% during the first quarter. ARGA Investment Management LP now owns 8,596 shares of the financial services provider’s stock valued at $1,129,000 after purchasing an additional 1,948 shares during the last quarter. 89.31% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Company Profile (Get Rating)

Capital One Financial Corporation operates as the financial services holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides 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.

Further Reading

Analyst Recommendations for Capital One Financial (NYSE:COF)

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