Third Quarter 2022 EPS Estimates for Capital One Financial Co. (NYSE:COF) Cut by Analyst

Capital One Financial Co. (NYSE: COF- Get a rating) – Seaport Res Ptn research analysts dropped their third quarter 2022 EPS estimates for Capital One Financial in a research report released Tuesday, July 26. Seaport Res Ptn analyst W. Ryan now expects the financial services provider to post earnings per share of $5.17 for the quarter, down from its previous forecast of $5.36. Capital One Financial’s current annual earnings consensus estimate is $20.25 per share. Seaport Res Ptn also released Capital One Financial earnings estimates for fiscal year 2022 at $20.20 EPS.

A number of other research companies have also recently commented on the COF. Wells Fargo & Company cut its price target on Capital One Financial shares from $160.00 to $130.00 and set an “overweight” rating for the company in a Wednesday, July 13 research report. TheStreet downgraded Capital One Financial from a “b” rating to a “c+” rating in a report on Wednesday, June 29. Robert W. Baird upgraded Capital One Financial from a “neutral” rating to an “outperforming” rating and set a target price of $145.00 for the company in a Friday, June 17 report. Keefe, Bruyette & Woods lowered their target price on Capital One Financial by $200.00 to $171.00 in a Monday, July 11 report. Finally, BMO Capital Markets lowered its target price on Capital One Financial from $183.00 to $173.00 in a report on Monday. One equity research analyst has assigned the stock a sell rating, eight have issued a hold rating and eleven have assigned the stock a buy rating. According to MarketBeat.com, Capital One Financial currently has an average rating of “Moderate Buy” and a consensus target price of $151.60.

Capital One Financial is trading down 4.1%

COF stock opened at $106.36 on Wednesday. The company has a debt ratio of 1.10, a current ratio of 1.00 and a quick ratio of 1.00. The company has a fifty-day moving average price of $112.71 and a two-hundred-day moving average price of $130.35. Capital One Financial has a one-year low of $98.54 and a one-year high of $177.95. The stock has a market capitalization of $41.80 billion, a price-to-earnings ratio of 4.67, a growth price-to-earnings ratio of 0.32 and a beta of 1.48.

Capital One Financial (NYSE: COF – Get a rating) last released its quarterly earnings data on Thursday, July 21. The financial services provider reported EPS of $4.96 for the quarter, missing analyst consensus estimates of $5.11 per ($0.15). Capital One Financial had a return on equity of 17.07% and a net margin of 29.23%. In the same quarter of the previous year, the company achieved EPS of $7.71.

Capital One Financial Institutional Trading

A number of institutional investors and hedge funds have recently increased or reduced their stake in COF. Industrial Alliance Investment Management Inc. acquired a new stake in Capital One Financial during Q4 worth approximately $25,000. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. increased its position in Capital One Financial by 566.7% during the 1st quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. now owns 200 shares of the financial services provider valued at $26,000 after purchasing an additional 170 shares during the period. Rock Creek Group LP increased its position in Capital One Financial shares by 287.3% during the first quarter. Rock Creek Group LP now owns 213 shares of the financial services provider worth $28,000 after purchasing an additional 158 shares during the period. Atticus Wealth Management LLC increased its position in Capital One Financial shares by 7,200.0% during the second quarter. Atticus Wealth Management LLC now owns 292 shares of the financial services provider worth $30,000 after purchasing an additional 288 shares during the period. Finally, Covestor Ltd acquired a new equity stake in Capital One Financial during Q4 worth approximately $33,000. Institutional investors and hedge funds hold 89.31% of the company’s shares.

Insider activity

In other Capital One Financial news, an insider Sheldon Room sold 14,504 shares in a trade that took place on Thursday, May 26. The shares were sold at an average price of $125.00, for a total transaction of $1,813,000.00. Following the completion of the sale, the insider now owns 68,337 shares of the company, valued at approximately $8,542,125. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, accessible via the SEC website. 1.27% of the shares are currently held by insiders.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 27. Shareholders of record on Monday, May 16 received a dividend of $0.60. This represents an annualized dividend of $2.40 and a dividend yield of 2.26%. The ex-dividend date was Friday, May 13. Capital One Financial’s dividend payout ratio is currently 10.54%.

About Capital One Financial

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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.

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Earnings history and estimates for Capital One Financial (NYSE:COF)

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