Capital One Financial Co. (NYSE:COF) announced its earnings results on Tuesday. The financial services provider reported $3.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.14), Briefing.com reports. Capital One Financial had a return on equity of 9.37% and a net margin of 9.01%. The business had revenue of $9.51 billion for the quarter, compared to analysts’ expectations of $9.57 billion. During the same quarter last year, the business posted $3.52 earnings per share. The business’s revenue was up 5.5% on a year-over-year basis.
Capital One Financial Stock Performance
COF traded up $2.20 during trading hours on Thursday, hitting $148.61. 607,473 shares of the stock were exchanged, compared to its average volume of 2,542,315. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.01 and a quick ratio of 1.00. The stock has a market cap of $56.50 billion, a price-to-earnings ratio of 11.47, a price-to-earnings-growth ratio of 1.14 and a beta of 1.45. Capital One Financial Co. has a 12 month low of $88.23 and a 12 month high of $153.35. The stock has a 50-day simple moving average of $139.05 and a 200-day simple moving average of $138.59.
Capital One Financial Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, May 24th. Investors of record on Monday, May 13th were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.61%. The ex-dividend date of this dividend was Friday, May 10th. Capital One Financial’s dividend payout ratio (DPR) is presently 18.79%.
Insider Buying and Selling at Capital One Financial
Wall Street Analysts Forecast Growth
COF has been the topic of a number of analyst reports. Keefe, Bruyette & Woods reiterated an “outperform” rating and issued a $159.00 price objective on shares of Capital One Financial in a research report on Wednesday, March 27th. Wolfe Research upgraded shares of Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 target price on the stock in a research report on Thursday, April 4th. JPMorgan Chase & Co. boosted their target price on shares of Capital One Financial from $148.00 to $155.00 and gave the stock a “neutral” rating in a research report on Monday, July 8th. Wells Fargo & Company boosted their target price on shares of Capital One Financial from $160.00 to $165.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 10th. Finally, Evercore ISI cut their price target on Capital One Financial from $155.00 to $154.00 and set an “in-line” rating for the company in a research note on Tuesday, June 25th. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, Capital One Financial currently has a consensus rating of “Hold” and a consensus target price of $145.89.
Check Out Our Latest Analysis on Capital One Financial
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.
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