Capital One Financial Co. (NYSE:COF) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Capital One Financial Co. (NYSE:COF) has received a consensus recommendation of “Moderate Buy” from the eighteen brokerages that are currently covering the stock, MarketBeat reports. Seven equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $202.27.

Several analysts have commented on the company. JPMorgan Chase & Co. raised their price objective on Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a report on Monday, December 9th. Truist Financial raised their price objective on Capital One Financial from $229.00 to $257.00 and gave the company a “buy” rating in a report on Monday, January 27th. Argus raised Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and raised their price objective for the company from $168.00 to $235.00 in a report on Monday, January 13th. Finally, Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th.

Capital One Financial Stock Up 0.6 %

Shares of COF stock opened at $186.09 on Thursday. The stock has a 50 day moving average of $193.77 and a 200 day moving average of $174.05. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The stock has a market cap of $70.96 billion, a P/E ratio of 16.06, a P/E/G ratio of 1.19 and a beta of 1.47. Capital One Financial has a twelve month low of $128.23 and a twelve month high of $210.67.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating the consensus estimate of $2.78 by $0.31. The company had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. Capital One Financial’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period last year, the business earned $2.81 earnings per share. As a group, sell-side analysts expect that Capital One Financial will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is currently 20.71%.

Hedge Funds Weigh In On Capital One Financial

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Norden Group LLC boosted its stake in Capital One Financial by 2.6% during the fourth quarter. Norden Group LLC now owns 2,010 shares of the financial services provider’s stock worth $358,000 after buying an additional 51 shares during the last quarter. Catalyst Financial Partners LLC boosted its stake in Capital One Financial by 3.9% during the fourth quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider’s stock worth $255,000 after buying an additional 54 shares during the last quarter. Quadrant Capital Group LLC boosted its stake in Capital One Financial by 1.0% during the fourth quarter. Quadrant Capital Group LLC now owns 5,247 shares of the financial services provider’s stock worth $936,000 after buying an additional 54 shares during the last quarter. Gladstone Institutional Advisory LLC boosted its stake in Capital One Financial by 3.3% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider’s stock worth $317,000 after buying an additional 56 shares during the last quarter. Finally, TFB Advisors LLC boosted its stake in Capital One Financial by 4.1% during the fourth quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider’s stock worth $265,000 after buying an additional 59 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Company Profile

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.