Capital One Financial (COF) to Release Earnings on Tuesday

Capital One Financial (NYSE:COF - Get Free Report) is anticipated to announce its earnings results after the market closes on Tuesday, January 21st. Analysts expect the company to announce earnings of $2.78 per share and revenue of $10,220,675.12 billion for the quarter.

Capital One Financial (NYSE:COF - Get Free Report) last announced its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, beating analysts' consensus estimates of $3.70 by $0.81. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The firm had revenue of $10 billion for the quarter, compared to analysts' expectations of $9.88 billion. During the same period in the previous year, the company posted $4.45 earnings per share. Capital One Financial's revenue was up 6.8% compared to the same quarter last year. On average, analysts expect Capital One Financial to post $14 EPS for the current fiscal year and $16 EPS for the next fiscal year.

Capital One Financial Trading Up 3.3 %

Shares of Capital One Financial stock traded up $6.07 during trading hours on Wednesday, hitting $190.79. The company's stock had a trading volume of 4,533,913 shares, compared to its average volume of 2,447,603. The business has a fifty day moving average of $183.63 and a 200 day moving average of $159.54. Capital One Financial has a 1-year low of $123.23 and a 1-year high of $198.30. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78. The company has a market capitalization of $72.79 billion, a PE ratio of 18.02, a P/E/G ratio of 1.34 and a beta of 1.45.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were issued a $0.60 dividend. The ex-dividend date was Thursday, November 14th. This represents a $2.40 annualized dividend and a yield of 1.26%. Capital One Financial's dividend payout ratio is currently 22.66%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Bank of America cut Capital One Financial from a "buy" rating to a "neutral" rating and reduced their price objective for the stock from $203.00 to $200.00 in a research note on Monday, December 9th. Truist Financial initiated coverage on Capital One Financial in a research report on Tuesday, January 7th. They set a "buy" rating and a $229.00 price target on the stock. Barclays raised shares of Capital One Financial from an "equal weight" rating to an "overweight" rating and increased their price objective for the company from $158.00 to $219.00 in a research report on Monday, January 6th. Hsbc Global Res raised shares of Capital One Financial from a "moderate sell" rating to a "hold" rating in a research report on Tuesday. Finally, Royal Bank of Canada raised their price target on shares of Capital One Financial from $150.00 to $160.00 and gave the company a "sector perform" rating in a report on Friday, October 25th. Ten investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, Capital One Financial has an average rating of "Hold" and an average target price of $188.06.

Insider Buying and Selling at Capital One Financial

In related news, insider Frank G. LapradeIii sold 15,751 shares of the stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the sale, the insider now owns 44,711 shares in the company, valued at $7,153,760. This represents a 26.05 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Kara West sold 721 shares of Capital One Financial stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $184.73, for a total value of $133,190.33. Following the completion of the transaction, the insider now owns 12,929 shares of the company's stock, valued at approximately $2,388,374.17. The trade was a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 29,007 shares of company stock worth $4,982,647 over the last quarter. 1.30% of the stock is owned by corporate insiders.

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.

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