News headlines about Capital One Financial (NYSE:COF) have trended positive this week, Accern reports. The research group identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. 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 coverage optimism score of 0.31 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 46.9381381281463 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the media stories that may have impacted Accern’s scoring:
- Ethoca, TSYS and Capital One UK Collaboration Highly Commended for Innovation at The Card & Payments Awards 2018 (markets.financialcontent.com)
- Cybersecurity firm BlueVoyant to join Capital One in College Park’s … – Washington Business Journal (bizjournals.com)
- $2.26 Earnings Per Share Expected for Capital One Financial Corp. (COF) This Quarter (americanbankingnews.com)
- Capital One Financial (COF) Price Target Increased to $111.00 by Analysts at Morgan Stanley (americanbankingnews.com)
- JPMorgan Chase’s Shareholder Payouts Rise on Strong Buybacks (finance.yahoo.com)
Shares of Capital One Financial (NYSE COF) traded down $4.57 on Monday, reaching $97.00. The company’s stock had a trading volume of 2,896,845 shares, compared to its average volume of 2,402,969. The company has a current ratio of 1.08, a quick ratio of 1.07 and a debt-to-equity ratio of 1.23. Capital One Financial has a 1-year low of $76.05 and a 1-year high of $106.50. The stock has a market cap of $47,020.00, a P/E ratio of 25.73, a price-to-earnings-growth ratio of 0.93 and a beta of 1.33.
Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, January 23rd. The financial services provider reported $1.62 EPS for the quarter, missing the consensus estimate of $1.85 by ($0.23). Capital One Financial had a net margin of 6.89% and a return on equity of 8.36%. The business had revenue of $7 billion for the quarter, compared to analysts’ expectations of $7.12 billion. During the same quarter in the prior year, the business posted $1.45 earnings per share. The business’s revenue for the quarter was up 6.6% on a year-over-year basis. equities analysts expect that Capital One Financial will post 9.72 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, February 23rd. Shareholders of record on Monday, February 12th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, February 9th. This represents a $1.60 annualized dividend and a yield of 1.65%. Capital One Financial’s dividend payout ratio is 42.44%.
Capital One Financial announced that its Board of Directors has approved a stock repurchase plan on Tuesday, December 26th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the financial services provider to repurchase shares of its stock through open market purchases. Stock buyback plans are often an indication that the company’s management believes its stock is undervalued.
Several brokerages have recently issued reports on COF. Wells Fargo & Co began coverage on Capital One Financial in a research report on Tuesday, October 10th. They issued an “outperform” rating and a $96.00 target price for the company. Credit Suisse Group reissued a “neutral” rating on shares of Capital One Financial in a research report on Wednesday, December 27th. Piper Jaffray Companies reissued a “sell” rating and issued a $81.00 target price on shares of Capital One Financial in a research report on Friday, October 27th. BMO Capital Markets increased their target price on Capital One Financial from $116.00 to $118.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 25th. Finally, Wedbush upgraded Capital One Financial from an “underperform” rating to a “neutral” rating and set a $80.00 price target on the stock in a research note on Wednesday, October 25th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $106.14.
In other Capital One Financial news, insider Robert M. Alexander sold 5,000 shares of the stock in a transaction on Friday, December 1st. The stock was sold at an average price of $92.18, for a total transaction of $460,900.00. Following the sale, the insider now directly owns 89,603 shares in the company, valued at approximately $8,259,604.54. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Robert M. Alexander sold 76,354 shares of the firm’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of $94.84, for a total value of $7,241,413.36. Following the completion of the transaction, the insider now owns 89,603 shares in the company, valued at $8,497,948.52. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 954,948 shares of company stock worth $97,433,019. Company insiders own 1.73% of the company’s stock.
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Capital One Financial 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.
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