Capital One Financial (NYSE:COF) had its price objective decreased by stock analysts at Wells Fargo & Co from $103.00 to $90.00 in a research note issued to investors on Thursday, January 3rd. The brokerage currently has an “outperform” rating on the financial services provider’s stock. Wells Fargo & Co‘s target price suggests a potential upside of 11.19% from the stock’s previous close.
Several other equities analysts have also recently issued reports on COF. Oppenheimer set a $116.00 price target on Capital One Financial and gave the company a “buy” rating in a research report on Tuesday, September 18th. Zacks Investment Research raised Capital One Financial from a “hold” rating to a “buy” rating and set a $107.00 price objective for the company in a research note on Wednesday, October 3rd. ValuEngine lowered Capital One Financial from a “hold” rating to a “sell” rating in a research note on Monday, October 22nd. BMO Capital Markets raised their price objective on Capital One Financial from $135.00 to $146.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 24th. Finally, JPMorgan Chase & Co. reduced their price objective on Capital One Financial from $113.00 to $107.00 and set an “overweight” rating for the company in a research note on Wednesday, October 24th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and thirteen have assigned a buy rating to the stock. Capital One Financial currently has a consensus rating of “Buy” and an average price target of $107.00.
Shares of NYSE COF opened at $80.94 on Thursday. Capital One Financial has a 1-year low of $69.90 and a 1-year high of $106.50. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.02. The stock has a market capitalization of $38.16 billion, a PE ratio of 10.39, a P/E/G ratio of 0.65 and a beta of 1.31.
Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, October 23rd. The financial services provider reported $3.12 EPS for the quarter, beating analysts’ consensus estimates of $2.89 by $0.23. Capital One Financial had a return on equity of 11.01% and a net margin of 11.84%. The firm had revenue of $6.96 billion during the quarter, compared to the consensus estimate of $6.88 billion. During the same quarter in the prior year, the business posted $2.42 earnings per share. Capital One Financial’s revenue for the quarter was down .3% on a year-over-year basis. On average, research analysts anticipate that Capital One Financial will post 11.42 EPS for the current fiscal year.
Several institutional investors and hedge funds have recently made changes to their positions in COF. Cornerstone Advisors Inc. boosted its holdings in shares of Capital One Financial by 192.0% in the 3rd quarter. Cornerstone Advisors Inc. now owns 587 shares of the financial services provider’s stock worth $56,000 after acquiring an additional 386 shares in the last quarter. Farmers National Bank acquired a new position in shares of Capital One Financial in the 2nd quarter worth approximately $102,000. Stratos Wealth Partners LTD. acquired a new position in shares of Capital One Financial in the 3rd quarter worth approximately $130,000. QCI Asset Management Inc. NY boosted its holdings in shares of Capital One Financial by 698.3% in the 3rd quarter. QCI Asset Management Inc. NY now owns 1,405 shares of the financial services provider’s stock worth $133,000 after acquiring an additional 1,229 shares in the last quarter. Finally, Cerebellum GP LLC boosted its holdings in shares of Capital One Financial by 6.8% in the 4th quarter. Cerebellum GP LLC now owns 2,037 shares of the financial services provider’s stock worth $154,000 after acquiring an additional 130 shares in the last quarter. 87.99% of the stock is currently owned by institutional investors and hedge funds.
Capital One Financial Company Profile
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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