Capital One Financial (NYSE:COF) will release its earnings data after the market closes on Tuesday, April 24th. Analysts expect Capital One Financial to post earnings of $2.24 per share for the quarter.
Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, January 23rd. The financial services provider reported $1.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.85 by ($0.23). Capital One Financial had a return on equity of 8.36% and a net margin of 6.89%. The firm had revenue of $7 billion for the quarter, compared to analyst estimates of $7.12 billion. During the same period in the prior year, the company posted $1.45 EPS. The firm’s quarterly revenue was up 6.6% compared to the same quarter last year. On average, analysts expect Capital One Financial to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.
NYSE:COF opened at $96.90 on Tuesday. Capital One Financial has a 52-week low of $76.05 and a 52-week high of $106.50. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.07 and a current ratio of 1.08. The firm has a market cap of $46,873.21, a price-to-earnings ratio of 12.44, a PEG ratio of 0.85 and a beta of 1.31.
In related news, CEO Richard D. Fairbank sold 485,202 shares of the company’s stock in a transaction on Thursday, January 25th. The shares were sold at an average price of $105.09, for a total value of $50,989,878.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Bradford H. Warner sold 3,000 shares of the company’s stock in a transaction on Monday, April 2nd. The shares were sold at an average price of $95.05, for a total transaction of $285,150.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 575,606 shares of company stock valued at $60,316,349. 1.40% of the stock is owned by corporate insiders.
Several research firms have issued reports on COF. Sandler O’Neill set a $113.00 price objective on Capital One Financial and gave the stock a “buy” rating in a report on Tuesday, April 10th. Citigroup began coverage on Capital One Financial in a report on Thursday, April 5th. They set a “buy” rating and a $115.00 price objective on the stock. Wells Fargo reduced their price objective on Capital One Financial from $117.00 to $109.00 and set an “outperform” rating on the stock in a report on Thursday, March 29th. UBS began coverage on Capital One Financial in a report on Tuesday, March 27th. They set a “buy” rating and a $114.00 price objective on the stock. Finally, Zacks Investment Research downgraded Capital One Financial from a “buy” rating to a “hold” rating in a report on Tuesday, March 6th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eleven have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $107.57.
About Capital One Financial
Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.
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