Capital One Financial Corporation (NYSE:COF) is set to release its earnings data after the market closes on Thursday, July 20th. Analysts expect Capital One Financial Corporation to post earnings of $1.90 per share for the quarter.
Capital One Financial Corporation (NYSE:COF) last posted its earnings results on Tuesday, April 25th. The financial services provider reported $1.75 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.93 by $0.18. Capital One Financial Corporation had a return on equity of 7.83% and a net margin of 12.96%. The firm had revenue of $6.54 billion for the quarter, compared to the consensus estimate of $6.63 billion. During the same period in the prior year, the business earned $1.84 EPS. Capital One Financial Corporation’s quarterly revenue was down .5% compared to the same quarter last year. On average, analysts expect Capital One Financial Corporation to post $7.50 EPS for the current fiscal year and $8.55 EPS for the next fiscal year.
Capital One Financial Corporation (COF) opened at 82.17 on Tuesday. The firm’s 50 day moving average is $79.95 and its 200 day moving average is $85.59. Capital One Financial Corporation has a 52-week low of $65.00 and a 52-week high of $96.92. The company has a market cap of $39.63 billion, a PE ratio of 12.47 and a beta of 1.19.
Capital One Financial Corporation announced that its board has approved a share buyback plan on Wednesday, June 28th that permits the company to buyback $1.85 billion in outstanding shares. This buyback authorization permits the financial services provider to reacquire up to 4.6% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s leadership believes its stock is undervalued.
A number of equities research analysts have recently commented on COF shares. Instinet upgraded shares of Capital One Financial Corporation from a “neutral” rating to a “buy” rating and increased their price target for the company from $97.00 to $105.00 in a report on Wednesday, March 29th. Nomura upgraded shares of Capital One Financial Corporation from a “neutral” rating to a “buy” rating and increased their price target for the company from $97.00 to $105.00 in a report on Wednesday, March 29th. Royal Bank Of Canada reiterated a “buy” rating on shares of Capital One Financial Corporation in a report on Tuesday, April 4th. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $106.00 price target on shares of Capital One Financial Corporation in a report on Wednesday, April 5th. Finally, Credit Suisse Group reiterated a “hold” rating and set a $99.00 price target on shares of Capital One Financial Corporation in a report on Friday, April 7th. Six analysts have rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $92.90.
In other news, insider Michael Slocum sold 6,276 shares of the firm’s stock in a transaction on Friday, May 5th. The shares were sold at an average price of $82.16, for a total transaction of $515,636.16. Following the sale, the insider now directly owns 61,905 shares in the company, valued at approximately $5,086,114.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.73% of the stock is owned by company insiders.
Capital One Financial Corporation Company Profile
Capital One Financial Corporation is a diversified financial services holding company. The Company, along with its subsidiaries, offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company’s segments include Credit Card, Consumer Banking, Commercial Banking and Other.
What are top analysts saying about Capital One Financial Corporation? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Capital One Financial Corporation and related companies.