Capital One Financial Corp. (NYSE:COF) – Research analysts at Jefferies Financial Group increased their FY2019 earnings per share estimates for shares of Capital One Financial in a research note issued on Tuesday, May 14th. Jefferies Financial Group analyst J. Hecht now expects that the financial services provider will post earnings per share of $11.29 for the year, up from their prior estimate of $11.25. Jefferies Financial Group currently has a “Buy” rating and a $115.00 price target on the stock. Jefferies Financial Group also issued estimates for Capital One Financial’s Q4 2019 earnings at $2.49 EPS, Q1 2020 earnings at $3.64 EPS, Q2 2020 earnings at $3.00 EPS, Q3 2020 earnings at $3.12 EPS, Q1 2021 earnings at $2.67 EPS and FY2021 earnings at $13.41 EPS.
Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Thursday, April 25th. The financial services provider reported $2.90 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.68 by $0.22. Capital One Financial had a return on equity of 10.95% and a net margin of 18.47%. The business had revenue of $7.08 billion for the quarter, compared to the consensus estimate of $7.03 billion. During the same period last year, the business earned $2.62 EPS. The firm’s revenue was up 2.5% compared to the same quarter last year.
A number of other brokerages also recently weighed in on COF. ValuEngine raised Capital One Financial from a “sell” rating to a “hold” rating in a research note on Friday, April 26th. Royal Bank of Canada reissued a “sector perform” rating and issued a $98.00 price objective on shares of Capital One Financial in a research note on Friday, May 3rd. Zacks Investment Research downgraded Capital One Financial from a “buy” rating to a “hold” rating in a research note on Wednesday, April 3rd. William Blair reissued a “market perform” rating on shares of Capital One Financial in a research note on Wednesday, January 16th. Finally, Oppenheimer reissued a “market perform” rating on shares of Capital One Financial in a research note on Wednesday, January 23rd. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $104.35.
Shares of COF stock opened at $89.38 on Wednesday. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 0.94. Capital One Financial has a twelve month low of $69.90 and a twelve month high of $101.26. The company has a market capitalization of $41.11 billion, a P/E ratio of 8.22, a P/E/G ratio of 0.88 and a beta of 1.30.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 23rd. Shareholders of record on Monday, May 13th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.79%. The ex-dividend date of this dividend is Friday, May 10th. Capital One Financial’s dividend payout ratio (DPR) is currently 14.71%.
In other Capital One Financial news, insider Kleber Santos sold 2,928 shares of the firm’s stock in a transaction that occurred on Monday, March 18th. The stock was sold at an average price of $84.54, for a total value of $247,533.12. Following the sale, the insider now owns 19,454 shares of the company’s stock, valued at approximately $1,644,641.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.43% of the company’s stock.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc grew its holdings in shares of Capital One Financial by 1.2% during the 3rd quarter. Vanguard Group Inc now owns 34,504,061 shares of the financial services provider’s stock worth $3,275,469,000 after purchasing an additional 406,610 shares in the last quarter. Culbertson A N & Co. Inc. grew its stake in Capital One Financial by 15.1% in the first quarter. Culbertson A N & Co. Inc. now owns 11,782 shares of the financial services provider’s stock valued at $962,000 after acquiring an additional 1,545 shares during the period. Amundi Pioneer Asset Management Inc. grew its stake in Capital One Financial by 12.5% in the fourth quarter. Amundi Pioneer Asset Management Inc. now owns 487,465 shares of the financial services provider’s stock valued at $2,302,814,000 after acquiring an additional 54,003 shares during the period. Affinity Investment Advisors LLC acquired a new position in Capital One Financial in the fourth quarter valued at about $9,167,000. Finally, Flinton Capital Management LLC grew its stake in Capital One Financial by 342.3% in the fourth quarter. Flinton Capital Management LLC now owns 35,312 shares of the financial services provider’s stock valued at $2,669,000 after acquiring an additional 27,328 shares during the period. 89.20% of the stock is currently owned by hedge funds and other institutional investors.
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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