Equity research analysts predict that Capital One Financial Co. (NYSE: COF) will report sales of $ 7.89 billion for the current fiscal quarter, reports Zacks Investment Research. Fifteen analysts have released earnings estimates for Capital One Financial, with the lowest revenue estimate at $ 7.73 billion and the highest estimate at $ 8.00 billion. Capital One Financial posted sales of $ 7.34 billion in the same quarter last year, which would indicate a positive year-over-year growth rate of 7.5%. The company is expected to release its next earnings report after the market closes on Tuesday, January 25.
On average, analysts expect Capital One Financial to report annual revenue of $ 30.21 billion for the current year, with estimates ranging from $ 30.04 billion to $ 30.32. billions of dollars. For the next fiscal year, analysts expect the company to have revenue of $ 31.89 billion, with estimates ranging from $ 30.84 billion to $ 32.89 billion. Zacks Investment Research‘s sales calculations are an average based on a survey of sell-side research companies that track Capital One Financial.
Capital One Financial (NYSE: COF) last released its quarterly earnings data on Tuesday, October 26. The financial services provider reported earnings per share (EPS) of $ 6.86 for the quarter, beating the consensus estimate of $ 5.22 by Thomson Reuters by $ 1.64. Capital One Financial had a net margin of 39.92% and a return on equity of 19.85%. The company posted revenue of $ 7.83 billion for the quarter, compared to a consensus estimate of $ 7.45 billion. During the same period last year, the company posted EPS of $ 5.05. Capital One Financial’s revenue for the quarter increased 6.1% year-over-year.
Several research analysts have published reports on the stock. Bank of America lowered its price target for Capital One Financial shares from $ 190.00 to $ 186.00 and set a âbuyâ rating on the stock in a research report released on Wednesday, October 27. Zacks Investment Research downgraded Capital One Financial’s shares from a âbuyâ rating to a âholdâ rating and set a target price of $ 162.00 for the company. in a research note on Friday, November 5. William Blair reaffirmed a âmarket performanceâ rating on shares of Capital One Financial in a research note on Wednesday, October 27. JPMorgan Chase & Co. raised its price target for Capital One Financial shares from $ 191.00 to $ 192.00 and rated the stock “overweight” in a Wednesday October 27th research note. . Finally, Piper Sandler raised its target price on Capital One Financial shares from $ 177.00 to $ 188.00 and assigned the stock an “overweight” rating in a Tuesday October 5th research note. Eight analysts rated the stock with a conservation rating and twelve issued a buy rating for the stock. Based on data from MarketBeat.com, Capital One Financial currently has an average rating of âBuyâ and an average price target of $ 185.46.
A number of large investors have recently bought and sold shares of COF. Bank of America Corp DE increased its stake in Capital One Financial by 27.8% during the 2nd quarter. Bank of America Corp DE now owns 8,148,023 shares of the financial services provider valued at $ 1,260,419,000 after acquiring an additional 1,771,101 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Capital One Financial by 39.5% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 5,427,865 shares of the financial services provider valued at $ 879,151,000 after acquiring an additional 1,538,249 shares in the last quarter. Fisher Asset Management LLC increased its stake in Capital One Financial by 23.2% during the 3rd quarter. Fisher Asset Management LLC now owns 4,945,156 shares of the financial services provider valued at $ 800,967,000 after acquiring an additional 931,872 shares in the last quarter. BlackRock Inc. increased its stake in Capital One Financial by 2.5% during the second quarter. BlackRock Inc. now owns 36,741,415 shares of the financial services provider valued at $ 5,683,530,000 after acquiring an additional 902,651 shares during the last quarter. Finally, Amundi acquired a new position in Capital One Financial during the second quarter for a value of approximately $ 97,240,000. Hedge funds and other institutional investors hold 88.48% of the company’s shares.
Shares of Capital One Financial opened at $ 145.09 on Monday. Capital One Financial has a 1 year low of $ 96.98 and a 1 year high of $ 177.95. The company has a debt ratio of 0.58, a rapid ratio of 0.91, and a current ratio of 0.93. The company has a market cap of $ 61.75 billion, a P / E ratio of 5.42, a PEG ratio of 0.26 and a beta of 1.65. The company’s fifty-day moving average is $ 150.13 and its two-hundred-day moving average is $ 158.44.
The company also recently disclosed a quarterly dividend, which was paid on Friday, November 26. Investors registered on Monday, November 15 received a dividend of $ 0.60. This represents an annualized dividend of $ 2.40 and a dividend yield of 1.65%. The ex-dividend date was Friday, November 12. Capital One Financial’s dividend payout ratio (DPR) is 8.96%.
About Capital One Financial
Capital One Financial Corp. operates as a financial holding company. The company engages in the provision of financial products and services. It operates in the following segments: credit cards, personal banking and commercial banking. The credit cards segment provides personal and small business card loans, as well as international card lending activities.
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