Shares of Capital One Financial Corp. (NYSE:COF) have earned a consensus recommendation of “Buy” from the eighteen brokerages that are presently covering the company, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $87.22.
Several brokerages recently issued reports on COF. Wolfe Research started coverage on shares of Capital One Financial in a report on Friday, July 31st. They set an “outperform” rating on the stock. Piper Sandler boosted their target price on shares of Capital One Financial from $82.00 to $89.00 and gave the stock an “overweight” rating in a research note on Friday, October 9th. JPMorgan Chase & Co. increased their price target on Capital One Financial from $72.00 to $86.50 and gave the company an “overweight” rating in a research note on Friday, October 9th. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and raised their price objective for the company from $54.00 to $105.00 in a report on Monday, June 22nd. Finally, Zacks Investment Research raised Capital One Financial from a “sell” rating to a “hold” rating and set a $79.00 target price for the company in a report on Wednesday, October 7th.
Shares of COF stock traded up $0.67 during trading hours on Friday, reaching $79.22. The company’s stock had a trading volume of 3,590,349 shares, compared to its average volume of 4,007,527. Capital One Financial has a fifty-two week low of $38.00 and a fifty-two week high of $107.59. The firm’s 50 day simple moving average is $73.30 and its 200-day simple moving average is $65.28. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.79. The company has a market capitalization of $36.17 billion, a price-to-earnings ratio of -214.11 and a beta of 1.71.
Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, July 21st. The financial services provider reported ($2.21) earnings per share for the quarter, missing the consensus estimate of ($1.25) by ($0.96). Capital One Financial had a return on equity of 1.67% and a net margin of 0.74%. The business had revenue of $6.56 billion for the quarter, compared to the consensus estimate of $6.88 billion. During the same quarter in the prior year, the company earned $3.24 earnings per share. Sell-side analysts predict that Capital One Financial will post -1.11 earnings per share for the current year.
In other Capital One Financial news, insider Michael J. Wassmer sold 13,784 shares of the stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $78.00, for a total transaction of $1,075,152.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Timothy P. Golden sold 5,724 shares of Capital One Financial stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $69.11, for a total value of $395,585.64. The disclosure for this sale can be found here. Corporate insiders own 1.47% of the company’s stock.
Several institutional investors have recently made changes to their positions in the stock. CX Institutional increased its holdings in Capital One Financial by 48.0% in the third quarter. CX Institutional now owns 518 shares of the financial services provider’s stock worth $37,000 after purchasing an additional 168 shares in the last quarter. Doliver Advisors LP lifted its position in shares of Capital One Financial by 3.0% during the 2nd quarter. Doliver Advisors LP now owns 5,832 shares of the financial services provider’s stock valued at $365,000 after acquiring an additional 170 shares during the period. Conning Inc. boosted its stake in Capital One Financial by 2.9% during the second quarter. Conning Inc. now owns 6,828 shares of the financial services provider’s stock worth $427,000 after acquiring an additional 192 shares in the last quarter. CKW Financial Group grew its holdings in Capital One Financial by 9.1% in the second quarter. CKW Financial Group now owns 2,400 shares of the financial services provider’s stock worth $146,000 after purchasing an additional 200 shares during the period. Finally, Avantax Advisory Services Inc. increased its stake in Capital One Financial by 2.4% in the second quarter. Avantax Advisory Services Inc. now owns 8,531 shares of the financial services provider’s stock valued at $534,000 after purchasing an additional 204 shares in the last quarter. Institutional investors own 88.15% of the company’s stock.
About Capital One Financial
Capital One Financial Corporation operates as the bank 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, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.
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