Capital One Financial Co. (NYSE:COF) Given Consensus Recommendation of “Hold” by Analysts

Shares of Capital One Financial Co. (NYSE:COF) have been given a consensus rating of “Hold” by the nineteen analysts that are presently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, eleven have given a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price target among brokers that have covered the stock in the last year is $138.50.

Several equities research analysts have weighed in on the company. Evercore ISI upped their price target on Capital One Financial from $142.00 to $155.00 and gave the stock an “in-line” rating in a report on Thursday, March 28th. Wells Fargo & Company raised their target price on shares of Capital One Financial from $160.00 to $165.00 and gave the company an “overweight” rating in a report on Wednesday, April 10th. Piper Sandler boosted their price target on shares of Capital One Financial from $126.00 to $142.00 and gave the stock a “neutral” rating in a report on Friday, February 23rd. Citigroup raised their price objective on shares of Capital One Financial from $152.00 to $165.00 and gave the company a “buy” rating in a report on Friday, February 23rd. Finally, Wolfe Research upgraded shares of Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 target price for the company in a research note on Thursday, April 4th.

Capital One Financial Stock Down 0.6 %

Shares of NYSE:COF opened at $142.51 on Friday. The firm’s 50-day moving average is $141.46 and its two-hundred day moving average is $128.71. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.01 and a quick ratio of 1.00. Capital One Financial has a 1 year low of $85.22 and a 1 year high of $149.94. The firm has a market capitalization of $54.18 billion, a PE ratio of 11.16, a price-to-earnings-growth ratio of 1.03 and a beta of 1.46.

Capital One Financial (NYSE:COF) last released its earnings results on Thursday, April 25th. The financial services provider reported $3.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). Capital One Financial had a return on equity of 9.74% and a net margin of 10.19%. The business had revenue of $9.40 billion for the quarter, compared to analyst estimates of $9.35 billion. During the same quarter last year, the company earned $2.31 earnings per share. Capital One Financial’s quarterly revenue was up 5.6% compared to the same quarter last year. Analysts predict that Capital One Financial will post 13.7 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 24th. Shareholders of record on Monday, May 13th will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.68%. The ex-dividend date of this dividend is Friday, May 10th. Capital One Financial’s dividend payout ratio is presently 18.79%.

Insiders Place Their Bets

In other news, insider Timothy P. Golden sold 8,656 shares of the company’s stock in a transaction that occurred on Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total transaction of $1,246,810.24. Following the completion of the sale, the insider now owns 10,246 shares in the company, valued at $1,475,833.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Commonwealth Equity Services LLC lifted its holdings in shares of Capital One Financial by 0.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 155,005 shares of the financial services provider’s stock valued at $15,043,000 after buying an additional 1,030 shares during the period. Xponance Inc. boosted its position in shares of Capital One Financial by 4.7% during the 3rd quarter. Xponance Inc. now owns 48,196 shares of the financial services provider’s stock worth $4,677,000 after purchasing an additional 2,157 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in shares of Capital One Financial by 1.0% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 99,039 shares of the financial services provider’s stock worth $9,612,000 after purchasing an additional 965 shares during the period. Stratos Wealth Partners LTD. increased its holdings in shares of Capital One Financial by 9.5% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 11,126 shares of the financial services provider’s stock valued at $1,080,000 after purchasing an additional 969 shares in the last quarter. Finally, Stratos Wealth Advisors LLC lifted its stake in shares of Capital One Financial by 4.9% in the third quarter. Stratos Wealth Advisors LLC now owns 10,602 shares of the financial services provider’s stock valued at $1,029,000 after purchasing an additional 498 shares during the period. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Company Profile

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.