Capital One Financial (NYSE:COF) Issues Quarterly Earnings Results

Capital One Financial Co. (NYSE:COF) released its quarterly earnings results on Thursday. The financial services provider reported $3.21 EPS for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04), Briefing.com reports. The firm had revenue of $9.40 billion during the quarter, compared to the consensus estimate of $9.35 billion. Capital One Financial had a net margin of 10.19% and a return on equity of 9.85%. The company’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period in the prior year, the business earned $2.31 EPS.

Capital One Financial Trading Up 0.2 %

COF opened at $146.21 on Friday. The firm has a 50 day simple moving average of $140.47 and a 200 day simple moving average of $126.15. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.01 and a quick ratio of 1.01. Capital One Financial Co. has a fifty-two week low of $83.93 and a fifty-two week high of $149.94. The company has a market cap of $55.62 billion, a price-to-earnings ratio of 11.45, a price-to-earnings-growth ratio of 1.05 and a beta of 1.48.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 23rd. Stockholders of record on Monday, February 12th were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.64%. The ex-dividend date was Friday, February 9th. Capital One Financial’s dividend payout ratio (DPR) is presently 18.79%.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. BMO Capital Markets lifted their target price on shares of Capital One Financial from $124.00 to $125.00 and gave the stock a “market perform” rating in a report on Monday, January 29th. Keefe, Bruyette & Woods reissued an “outperform” rating and set a $159.00 price objective on shares of Capital One Financial in a research report on Wednesday, March 27th. Evercore ISI increased their target price on Capital One Financial from $142.00 to $155.00 and gave the company an “in-line” rating in a research note on Thursday, March 28th. Royal Bank of Canada lifted their price target on Capital One Financial from $142.00 to $150.00 and gave the stock a “sector perform” rating in a research report on Wednesday, February 21st. Finally, Wolfe Research raised Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price objective for the company in a research report on Thursday, April 4th. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $137.05.

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.