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


Shares of Capital One Financial Co. (NYSE: COF) received an average recommendation of “Hold” from the twenty-four research firms that currently cover the firm, Market Beat Ratings reports. Eleven equity research analysts rated the stock with a hold recommendation and ten gave the company a buy recommendation. The 12-month average price target among brokers who have reported on the stock in the past year is $173.70.

COF has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft lowered its price target on Capital One Financial shares from $194.00 to $192.00 in a Tuesday, January 11 research note. Piper Sandler downgraded shares of Capital One Financial from an “overweight” rating to a “neutral” rating and reduced her target price for the company from $164.00 to $143.00 in a Wednesday 27 research note. april. Bank of America reduced its target price on Capital One Financial shares from $185.00 to $167.00 in a Thursday, March 17 research note. Citigroup raised its price target on shares of Capital One Financial from $185.00 to $189.00 and gave the stock a “buy” rating in a Thursday, March 24 research note. Finally, BMO Capital Markets lowered its price target on Capital One Financial shares from $200.00 to $188.00 and set a “buy” rating on the stock in a Wednesday, April 27 research note.

Shares of COF Stock opened at $127.04 on Monday. Capital One Financial has a 12 month minimum of $119.88 and a 12 month maximum of $177.95. The company has a debt ratio of 0.79, a current ratio of 0.95 and a quick ratio of 0.95. The company has a market capitalization of $52.29 billion, a P/E ratio of 5.00, a P/E/G ratio of 0.37 and a beta of 1.44. The company’s fifty-day moving average price is $133.30 and its two-hundred-day moving average price is $145.09.

Capital One Financial (NYSE: COFGet a rating) last reported results on Tuesday, April 26. The financial services provider reported earnings per share (EPS) of $5.62 for the quarter, beating analyst consensus estimates of $5.44 by $0.18. The company posted revenue of $8.17 billion for the quarter, versus analyst estimates of $8.02 billion. Capital One Financial had a net margin of 34.71% and a return on equity of 18.66%. The company’s revenue for the quarter increased 14.9% year over year. In the same quarter a year earlier, the company posted EPS of $7.03. On average, sell-side analysts expect Capital One Financial to post EPS of 20.23 for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, May 27. Shareholders of record on Monday, May 16 will receive a dividend of $0.60. This represents an annualized dividend of $2.40 and a dividend yield of 1.89%. The ex-dividend date is Friday, May 13. Capital One Financial’s dividend payout ratio (DPR) is currently 9.44%.

A number of hedge funds have recently increased or reduced their holdings in the stock. Jacobi Capital Management LLC increased its stake in Capital One Financial by 10.2% during the first quarter. Jacobi Capital Management LLC now owns 4,833 shares of the financial services provider valued at $635,000 after buying 447 additional shares in the last quarter. Balentine LLC acquired a new stake in Capital One Financial during the first quarter worth approximately $408,000. Twin Capital Management Inc. increased its stake in Capital One Financial by 163.3% during the first quarter. Twin Capital Management Inc. now owns 13,737 shares of the financial services provider valued at $1,804,000 after buying 8,520 additional shares in the last quarter. Smith Graham & Co. Investment Advisors LP increased its stake in Capital One Financial by 3.5% during the first quarter. Smith Graham & Co. Investment Advisors LP now owns 34,288 shares of the financial services provider valued at $4,502,000 after buying 1,167 additional shares in the last quarter. Finally, ARGA Investment Management LP increased its stake in Capital One Financial by 29.3% during the first quarter. ARGA Investment Management LP now owns 8,596 shares of the financial services provider valued at $1,129,000 after buying 1,948 additional shares in the last quarter. 89.31% of the shares are held by institutional investors and hedge funds.

Capital One Financial Company Profile (Get a rating)

Capital One Financial Corporation operates as the financial services holding company for Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, Canada and the United Kingdom. It operates through three segments: Credit Cards, Consumer Banking and Business Banking.

Further reading

Analyst Recommendations for Capital One Financial (NYSE:COF)



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