Capital One Financial Co. (NYSE:COF) Given Average Recommendation of "Moderate Buy" by Brokerages

Shares of Capital One Financial Co. (NYSE:COF) have been given a consensus rating of "Moderate Buy" by the nineteen ratings firms that are currently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation, thirteen have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $206.63.

Several research firms have recently weighed in on COF. UBS Group raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and increased their price target for the company from $168.00 to $235.00 in a research note on Monday, January 13th. Citigroup lowered their price objective on Capital One Financial from $245.00 to $230.00 and set a "buy" rating for the company in a research report on Monday. Baird R W upgraded Capital One Financial from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 11th. Truist Financial lowered their price target on Capital One Financial from $257.00 to $215.00 and set a "buy" rating for the company in a report on Friday. Finally, Evercore ISI upgraded shares of Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 price objective on the stock in a report on Wednesday, March 12th.

Capital One Financial Price Performance

Shares of COF stock traded up $1.55 during trading hours on Monday, reaching $182.41. The company had a trading volume of 1,692,202 shares, compared to its average volume of 2,732,133. Capital One Financial has a 12-month low of $128.23 and a 12-month high of $210.67. The company has a market capitalization of $69.56 billion, a price-to-earnings ratio of 15.74, a PEG ratio of 1.19 and a beta of 1.47. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The stock has a fifty day moving average of $191.52 and a 200-day moving average of $176.81.

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Capital One Financial (NYSE:COF - Get Free Report) last issued its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.78 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The business had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. During the same period last year, the company earned $2.81 EPS. The company's revenue for the quarter was up 7.2% on a year-over-year basis. On average, equities analysts anticipate that Capital One Financial will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a $0.60 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a yield of 1.32%. Capital One Financial's dividend payout ratio (DPR) is presently 20.71%.

Institutional Investors Weigh In On Capital One Financial

Large investors have recently bought and sold shares of the stock. Norges Bank acquired a new position in shares of Capital One Financial during the fourth quarter worth about $590,279,000. Lone Pine Capital LLC acquired a new position in Capital One Financial during the 4th quarter worth approximately $577,012,000. Egerton Capital UK LLP purchased a new stake in shares of Capital One Financial in the 4th quarter valued at approximately $279,159,000. FMR LLC raised its holdings in shares of Capital One Financial by 21.6% in the 4th quarter. FMR LLC now owns 8,077,886 shares of the financial services provider's stock valued at $1,440,449,000 after purchasing an additional 1,436,935 shares in the last quarter. Finally, Meritage Group LP purchased a new stake in shares of Capital One Financial during the 4th quarter worth $227,662,000. Hedge funds and other institutional investors own 89.84% of the company's stock.

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.