Press coverage about Capital One Financial (NYSE:COF) has been trending positive recently, according to Accern. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Capital One Financial earned a news sentiment score of 0.28 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 45.7225294448337 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news stories that may have effected Accern’s analysis:
- Capital One Financial (COF) Price Target Increased to $98.00 by Analysts at Wells Fargo (americanbankingnews.com)
- Capital One Financial (COF) Price Target Increased to $91.00 by Analysts at Bank of America (americanbankingnews.com)
- Capital One Financial (COF) Receives New Coverage from Analysts at Citigroup (americanbankingnews.com)
- Small Business Owners Unsure of Tax Reform Benefits (finance.yahoo.com)
- Capital One Financial (COF) & National Commerce (NCOM) Head-To-Head Comparison (americanbankingnews.com)
Shares of NYSE COF opened at $97.52 on Friday. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.08 and a quick ratio of 1.07. The firm has a market cap of $46,853.76, a price-to-earnings ratio of 12.52, a PEG ratio of 0.86 and a beta of 1.31. Capital One Financial has a twelve month low of $76.05 and a twelve month high of $106.50.
Capital One Financial declared that its Board of Directors has authorized a stock buyback program 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 purchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.
A number of equities analysts recently commented on the company. Citigroup initiated coverage on Capital One Financial in a report on Thursday. They set a “buy” rating and a $115.00 target price for the company. Credit Suisse Group reiterated a “neutral” rating on shares of Capital One Financial in a report on Wednesday, December 27th. Royal Bank of Canada reissued a “buy” rating and issued a $110.00 target price on shares of Capital One Financial in a research note on Wednesday, January 24th. Piper Jaffray raised Capital One Financial from an “underweight” rating to a “neutral” rating and set a $81.00 price objective on the stock in a research report on Monday, December 18th. Finally, Wells Fargo reaffirmed an “outperform” rating and set a $117.00 price objective (up from $112.00) on shares of Capital One Financial in a research report on Wednesday, January 24th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and ten have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $107.32.
In other Capital One Financial news, Director Bradford H. Warner sold 3,000 shares of the business’s stock in a transaction dated Monday, April 2nd. The stock was sold at an average price of $95.05, for a total transaction of $285,150.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Richard D. Fairbank sold 485,202 shares of the business’s stock in a transaction dated Thursday, January 25th. The shares were sold at an average price of $105.09, for a total value of $50,989,878.18. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 585,692 shares of company stock worth $61,375,379. 1.73% of the stock is owned by company insiders.
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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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