Truist Financial Issues Positive Forecast for Capital One Financial (NYSE:COF) Stock Price

Capital One Financial (NYSE:COF) had its target price raised by Truist Financial from $229.00 to $257.00 in a research report report published on Monday,Benzinga reports. The firm currently has a buy rating on the financial services provider's stock.

A number of other equities research analysts also recently issued reports on the company. JPMorgan Chase & Co. boosted their price target on Capital One Financial from $162.00 to $186.00 and gave the company a "neutral" rating in a research report on Monday, December 9th. Bank of America cut Capital One Financial from a "buy" rating to a "neutral" rating and decreased their target price for the stock from $203.00 to $200.00 in a report on Monday, December 9th. UBS Group upgraded shares of Capital One Financial from a "neutral" rating to a "buy" rating and raised their price target for the company from $168.00 to $235.00 in a report on Monday, January 13th. Evercore ISI boosted their price objective on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an "in-line" rating in a research note on Wednesday, October 30th. Finally, Keefe, Bruyette & Woods raised their target price on shares of Capital One Financial from $185.00 to $232.00 and gave the company an "outperform" rating in a research note on Monday, December 9th. Ten investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, Capital One Financial has an average rating of "Hold" and an average target price of $192.12.

Capital One Financial Trading Up 0.4 %

NYSE:COF traded up $0.79 on Monday, reaching $203.30. The stock had a trading volume of 3,495,403 shares, compared to its average volume of 3,626,294. The company has a market cap of $77.50 billion, a price-to-earnings ratio of 17.54, a P/E/G ratio of 1.29 and a beta of 1.46. Capital One Financial has a 12-month low of $128.23 and a 12-month high of $207.24. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 1.00. The firm's fifty day moving average is $185.47 and its two-hundred day moving average is $163.23.

Capital One Financial (NYSE:COF - Get Free Report) last announced 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 net margin of 9.46% and a return on equity of 9.45%. The firm had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same quarter last year, the business earned $2.81 earnings per share. Capital One Financial's revenue was up 7.2% compared to the same quarter last year. Equities analysts expect that Capital One Financial will post 15.22 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were given a dividend of $0.60 per share. The ex-dividend date was Thursday, November 14th. This represents a $2.40 annualized dividend and a dividend yield of 1.18%. Capital One Financial's payout ratio is 20.71%.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Kara West sold 721 shares of Capital One Financial stock in a transaction that occurred on Thursday, November 7th. The stock was 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 directly owns 12,929 shares in the company, valued at $2,388,374.17. The trade was a 5.28 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the company's stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total value of $323,765.78. Following the transaction, the insider now owns 19,776 shares of the company's stock, valued at approximately $3,211,029.12. The trade was a 9.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 13,256 shares of company stock worth $2,462,487 over the last quarter. 1.30% of the stock is owned by corporate insiders.

Institutional Trading of Capital One Financial

Several hedge funds have recently added to or reduced their stakes in COF. Decker Retirement Planning Inc. acquired a new position in Capital One Financial during the fourth quarter worth about $32,000. Catalyst Capital Advisors LLC purchased a new position in Capital One Financial during the third quarter valued at approximately $36,000. Creative Financial Designs Inc. ADV raised its holdings in shares of Capital One Financial by 135.0% during the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider's stock worth $43,000 after acquiring an additional 166 shares in the last quarter. Eastern Bank bought a new stake in shares of Capital One Financial in the 3rd quarter valued at approximately $44,000. Finally, Prospera Private Wealth LLC bought a new position in shares of Capital One Financial during the 3rd quarter valued at $47,000. 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.