Capital One Financial (COF) Getting Favorable Media Coverage, Study Finds

Media headlines about Capital One Financial (NYSE:COF) have trended positive on Sunday, according to Accern. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Capital One Financial earned a daily sentiment score of 0.29 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 47.0647769869522 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:

Capital One Financial (COF) traded down $0.72 during trading on Friday, hitting $99.58. The stock had a trading volume of 1,098,859 shares, compared to its average volume of 1,959,893. Capital One Financial has a twelve month low of $76.05 and a twelve month high of $101.43. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.07 and a quick ratio of 1.06. The stock has a market capitalization of $48,270.81, a PE ratio of 14.08, a PEG ratio of 1.48 and a beta of 1.28.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, October 24th. The financial services provider reported $2.42 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.15 by $0.27. The business had revenue of $6.99 billion during the quarter, compared to analysts’ expectations of $6.81 billion. Capital One Financial had a return on equity of 8.25% and a net margin of 13.34%. The company’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.03 earnings per share. sell-side analysts expect that Capital One Financial will post 7.97 EPS for the current fiscal year.

Capital One Financial declared that its board has initiated a stock buyback program on Tuesday, December 26th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the financial services provider to buy shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

COF has been the subject of several research analyst reports. Piper Jaffray Companies raised Capital One Financial from an “underweight” rating to a “neutral” rating and set a $81.00 price objective for the company in a report on Monday, December 18th. Bank of America raised Capital One Financial from a “neutral” rating to a “buy” rating and set a $107.00 price objective for the company in a report on Monday, December 18th. Zacks Investment Research downgraded Capital One Financial from a “hold” rating to a “sell” rating in a report on Wednesday, September 20th. Credit Suisse Group reissued a “hold” rating and issued a $92.00 price objective on shares of Capital One Financial in a report on Tuesday, December 19th. Finally, Keefe, Bruyette & Woods reissued a “buy” rating and issued a $106.00 price objective on shares of Capital One Financial in a report on Friday, September 15th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and thirteen have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $98.62.

In other Capital One Financial news, insider Michael Slocum sold 8,292 shares of the stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $91.99, for a total value of $762,781.08. Following the completion of the transaction, the insider now owns 53,613 shares in the company, valued at $4,931,859.87. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Ann F. Hackett sold 11,055 shares of the stock in a transaction on Wednesday, October 25th. The stock was sold at an average price of $91.18, for a total value of $1,007,994.90. Following the completion of the transaction, the director now owns 69,066 shares of the company’s stock, valued at approximately $6,297,437.88. The disclosure for this sale can be found here. Insiders sold 378,192 shares of company stock valued at $36,581,362 in the last quarter. 1.73% of the stock is currently owned by company insiders.

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About Capital One Financial

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.

Insider Buying and Selling by Quarter for Capital One Financial (NYSE:COF)

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