Equities research analysts predict that Capital One Financial Corp. (NYSE:COF) will post $2.45 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Seven analysts have provided estimates for Capital One Financial’s earnings, with the lowest EPS estimate coming in at $2.01 and the highest estimate coming in at $2.71. Capital One Financial posted earnings per share of $1.66 in the same quarter last year, which would suggest a positive year-over-year growth rate of 47.6%. The company is expected to report its next earnings report on Tuesday, January 22nd.
According to Zacks, analysts expect that Capital One Financial will report full year earnings of $11.78 per share for the current fiscal year, with EPS estimates ranging from $11.35 to $12.01. For the next financial year, analysts forecast that the business will report earnings of $11.35 per share, with EPS estimates ranging from $9.88 to $12.35. Zacks’ earnings per share calculations are an average based on a survey of analysts that that provide coverage for Capital One Financial.
Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, October 23rd. The financial services provider reported $3.12 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.89 by $0.23. The firm had revenue of $6.96 billion during the quarter, compared to the consensus estimate of $6.88 billion. Capital One Financial had a return on equity of 11.01% and a net margin of 11.84%. The business’s revenue was down .3% compared to the same quarter last year. During the same period last year, the company earned $2.42 earnings per share.
COF stock opened at $82.67 on Wednesday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.02. The company has a market capitalization of $40.08 billion, a price-to-earnings ratio of 10.61, a P/E/G ratio of 0.68 and a beta of 1.26. Capital One Financial has a twelve month low of $81.85 and a twelve month high of $106.50.
The firm also recently announced a quarterly dividend, which was paid on Friday, November 23rd. Stockholders of record on Monday, November 12th were paid a dividend of $0.40 per share. The ex-dividend date was Thursday, November 8th. This represents a $1.60 annualized dividend and a dividend yield of 1.94%. Capital One Financial’s dividend payout ratio is currently 20.54%.
Several hedge funds and other institutional investors have recently modified their holdings of the company. Cornerstone Wealth Management LLC bought a new stake in Capital One Financial in the 2nd quarter valued at $588,000. Acadian Asset Management LLC bought a new stake in Capital One Financial in the 2nd quarter valued at $277,000. Janney Montgomery Scott LLC boosted its stake in Capital One Financial by 14.4% in the 2nd quarter. Janney Montgomery Scott LLC now owns 21,243 shares of the financial services provider’s stock valued at $1,952,000 after purchasing an additional 2,681 shares during the period. Eqis Capital Management Inc. bought a new stake in Capital One Financial in the 2nd quarter valued at $346,000. Finally, Commonwealth Equity Services LLC boosted its stake in Capital One Financial by 18.7% in the 2nd quarter. Commonwealth Equity Services LLC now owns 74,840 shares of the financial services provider’s stock valued at $6,878,000 after purchasing an additional 11,797 shares during the period. Institutional investors own 88.35% of the company’s stock.
Capital One Financial Company Profile
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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