Capital One Financial Co. (NYSE:COF) Given Consensus Rating of “Moderate Buy” by Analysts

Capital One Financial Co. (NYSE:COF) has been assigned a consensus recommendation of “Moderate Buy” from the nineteen ratings firms that are presently covering the company, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $206.63.

COF has been the subject of several recent analyst reports. Argus raised shares of Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. HSBC upgraded shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective for the company in a research report on Tuesday, January 14th. Barclays lifted their target price on Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a report on Wednesday, January 22nd. Keefe, Bruyette & Woods raised their price target on Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research report on Monday, December 9th. Finally, Truist Financial decreased their price objective on Capital One Financial from $257.00 to $215.00 and set a “buy” rating for the company in a research report on Friday, March 21st.

Capital One Financial Stock Performance

COF stock opened at $173.32 on Monday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial has a twelve month low of $128.23 and a twelve month high of $210.67. The business’s fifty day moving average is $190.70 and its 200-day moving average is $177.92. The company has a market cap of $66.09 billion, a P/E ratio of 14.95, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.78 by $0.31. The company had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the previous year, the company earned $2.81 EPS. Equities research analysts forecast that Capital One Financial will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date was Tuesday, February 18th. Capital One Financial’s dividend payout ratio is currently 20.71%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in shares of Capital One Financial by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 31,744,818 shares of the financial services provider’s stock valued at $5,660,736,000 after buying an additional 234,863 shares during the last quarter. State Street Corp raised its position in Capital One Financial by 0.5% during the third quarter. State Street Corp now owns 16,506,861 shares of the financial services provider’s stock worth $2,471,572,000 after acquiring an additional 74,784 shares in the last quarter. Franklin Resources Inc. lifted its stake in Capital One Financial by 3.2% in the fourth quarter. Franklin Resources Inc. now owns 10,718,860 shares of the financial services provider’s stock valued at $1,911,387,000 after acquiring an additional 331,595 shares during the last quarter. Fisher Asset Management LLC grew its position in shares of Capital One Financial by 0.7% in the 3rd quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider’s stock valued at $1,451,527,000 after acquiring an additional 72,097 shares during the period. Finally, Geode Capital Management LLC increased its stake in shares of Capital One Financial by 2.6% during the 4th quarter. Geode Capital Management LLC now owns 8,227,587 shares of the financial services provider’s stock worth $1,467,393,000 after purchasing an additional 207,427 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors.

About Capital One Financial

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.