Capital One Financial Co. (NYSE:COF) Receives $202.27 Average Target Price from Analysts

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

A number of equities analysts have issued reports on the company. UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and increased their target price for the stock from $168.00 to $235.00 in a report on Monday, January 13th. Royal Bank of Canada increased their price objective on Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a report on Wednesday, January 22nd. Argus upgraded Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. Truist Financial upped their price target on Capital One Financial from $229.00 to $257.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. Finally, Bank of America upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $207.00 to $235.00 in a report on Wednesday, February 19th.

Capital One Financial Trading Down 2.2 %

NYSE COF opened at $196.08 on Thursday. Capital One Financial has a one year low of $128.23 and a one year high of $210.67. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The firm has a market cap of $74.77 billion, a P/E ratio of 16.92, a P/E/G ratio of 1.19 and a beta of 1.47. The stock’s 50-day moving average is $193.64 and its 200-day moving average is $173.65.

Capital One Financial (NYSE:COF) last released 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. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The company had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.22 billion. During the same quarter in the prior year, the company earned $2.81 earnings per share. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. Sell-side analysts anticipate that Capital One Financial will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s payout ratio is currently 20.71%.

Institutional Trading of Capital One Financial

Several institutional investors and hedge funds have recently bought and sold shares of the business. Private Advisor Group LLC increased its holdings in shares of Capital One Financial by 10.4% during the 3rd quarter. Private Advisor Group LLC now owns 8,601 shares of the financial services provider’s stock worth $1,288,000 after acquiring an additional 808 shares during the last quarter. Arkadios Wealth Advisors boosted its position in Capital One Financial by 3.9% during the third quarter. Arkadios Wealth Advisors now owns 1,780 shares of the financial services provider’s stock worth $266,000 after purchasing an additional 66 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Capital One Financial by 7.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 23,004 shares of the financial services provider’s stock valued at $3,444,000 after purchasing an additional 1,564 shares during the last quarter. Nisa Investment Advisors LLC increased its holdings in shares of Capital One Financial by 5.1% in the third quarter. Nisa Investment Advisors LLC now owns 153,631 shares of the financial services provider’s stock valued at $23,003,000 after purchasing an additional 7,390 shares during the last quarter. Finally, Pallas Capital Advisors LLC bought a new position in shares of Capital One Financial in the third quarter valued at about $336,000. Institutional investors own 89.84% of the company’s stock.

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.