Capital One Financial (COF) Expected to Announce Earnings on Tuesday

Capital One Financial (NYSE:COF) will likely be issuing its quarterly earnings data after the market closes on Tuesday, April 22nd. Analysts expect the company to announce earnings of $3.75 per share and revenue of $10.07 billion for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating the consensus estimate of $2.78 by $0.31. The business had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period in the prior year, the firm earned $2.81 EPS. On average, analysts expect Capital One Financial to post $16 EPS for the current fiscal year and $18 EPS for the next fiscal year.

Capital One Financial Trading Up 0.9 %

NYSE COF opened at $162.37 on Tuesday. Capital One Financial has a 1 year low of $128.23 and a 1 year high of $210.67. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The company has a market capitalization of $61.94 billion, a PE ratio of 14.01, a P/E/G ratio of 1.19 and a beta of 1.24. The company has a fifty day moving average of $181.35 and a 200 day moving average of $179.44.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $0.60 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.48%. Capital One Financial’s payout ratio is 20.71%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. HSBC raised Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target for the company in a report on Tuesday, January 14th. Barclays increased their price target on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a report on Wednesday, January 22nd. Argus raised shares of Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. UBS Group raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and increased their target price for the stock from $168.00 to $235.00 in a research note on Monday, January 13th. Finally, Wells Fargo & Company lifted their price target on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research note on Friday, January 3rd. Four investment analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Capital One Financial presently has a consensus rating of “Moderate Buy” and a consensus price target of $206.73.

Hedge Funds Weigh In On Capital One Financial

A hedge fund recently raised its stake in Capital One Financial stock. Brighton Jones LLC boosted its stake in Capital One Financial Co. (NYSE:COF) by 330.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 13,587 shares of the financial services provider’s stock after buying an additional 10,428 shares during the period. Brighton Jones LLC’s holdings in Capital One Financial were worth $2,423,000 at the end of the most recent quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

About Capital One Financial

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.