Capital One Financial Co. (NYSE:COF) Receives $202.27 Consensus Target Price from Analysts

Shares of Capital One Financial Co. (NYSE:COF) have received an average recommendation of “Moderate Buy” from the eighteen analysts that are covering the firm, Marketbeat Ratings reports. Seven analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $202.27.

Several equities research analysts recently issued reports on the company. Truist Financial boosted their price objective on Capital One Financial from $229.00 to $257.00 and gave the company a “buy” rating in a report on Monday, January 27th. Keefe, Bruyette & Woods boosted their price objective on Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a report on Monday, December 9th. Argus upgraded Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $168.00 to $235.00 in a report on Monday, January 13th. Finally, Barclays boosted their price objective on Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, January 22nd.

Capital One Financial Price Performance

NYSE:COF opened at $186.09 on Thursday. Capital One Financial has a 52 week low of $128.23 and a 52 week high of $210.67. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $70.96 billion, a P/E ratio of 16.06, a P/E/G ratio of 1.19 and a beta of 1.47. The stock’s fifty day moving average is $193.77 and its two-hundred day moving average is $174.05.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating 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 company had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same quarter in the previous year, the business earned $2.81 earnings per share. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. Equities analysts expect that Capital One Financial will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a dividend of $0.60 per share. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.29%. Capital One Financial’s dividend payout ratio is currently 20.71%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in COF. Norges Bank acquired a new position in shares of Capital One Financial during the 4th quarter worth about $590,279,000. Lone Pine Capital LLC acquired a new position in shares of Capital One Financial during the 4th quarter worth about $577,012,000. Egerton Capital UK LLP acquired a new position in shares of Capital One Financial during the 4th quarter worth about $279,159,000. FMR LLC boosted its position 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 during the period. Finally, Meritage Group LP acquired a new stake in shares of Capital One Financial in the 4th quarter valued at about $227,662,000. 89.84% of the stock is owned by institutional investors and hedge funds.

About Capital One Financial

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.