Capital One Financial (COF) Set to Announce Earnings on Tuesday

Capital One Financial (NYSE:COF) will issue its quarterly earnings data after the market closes on Tuesday, July 23rd. Analysts expect the company to announce earnings of $2.97 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Thursday, April 25th. The financial services provider reported $3.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). The firm had revenue of $9.40 billion for the quarter, compared to analyst estimates of $9.35 billion. Capital One Financial had a net margin of 10.19% and a return on equity of 9.74%. The firm’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.31 EPS. On average, analysts expect Capital One Financial to post $13 EPS for the current fiscal year and $16 EPS for the next fiscal year.

Capital One Financial Stock Down 1.0 %

Capital One Financial stock opened at $147.27 on Monday. The stock has a market capitalization of $55.99 billion, a PE ratio of 11.53, a price-to-earnings-growth ratio of 1.16 and a beta of 1.45. Capital One Financial has a twelve month low of $88.23 and a twelve month high of $153.35. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 0.86. The company has a 50 day moving average of $138.90 and a 200-day moving average of $138.34.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 24th. Stockholders of record on Monday, May 13th were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.63%. The ex-dividend date of this dividend was Friday, May 10th. Capital One Financial’s dividend payout ratio (DPR) is presently 18.79%.

Analyst Ratings Changes

Several research analysts recently commented on COF shares. BTIG Research started coverage on shares of Capital One Financial in a report on Friday, June 7th. They set a “neutral” rating for the company. Wells Fargo & Company increased their target price on shares of Capital One Financial from $160.00 to $165.00 and gave the stock an “overweight” rating in a report on Wednesday, April 10th. Keefe, Bruyette & Woods restated an “outperform” rating and set a $159.00 target price on shares of Capital One Financial in a report on Wednesday, March 27th. Evercore ISI reduced their target price on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating for the company in a report on Tuesday, June 25th. Finally, Wolfe Research upgraded shares of Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 target price for the company in a report on Thursday, April 4th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $144.21.

Insider Activity

In related news, insider Celia Karam sold 16,913 shares of the firm’s stock in a transaction dated Wednesday, May 8th. The shares were sold at an average price of $142.88, for a total transaction of $2,416,529.44. Following the transaction, the insider now directly owns 47,081 shares of the company’s stock, valued at $6,726,933.28. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Capital One Financial news, insider Timothy P. Golden sold 8,656 shares of the stock in a transaction dated Tuesday, April 30th. The shares were sold at an average price of $144.04, for a total transaction of $1,246,810.24. Following the sale, the insider now directly owns 10,246 shares in the company, valued at $1,475,833.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Celia Karam sold 16,913 shares of the stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total transaction of $2,416,529.44. Following the sale, the insider now owns 47,081 shares in the company, valued at $6,726,933.28. The disclosure for this sale can be found here. Insiders have sold 56,311 shares of company stock valued at $8,274,640 over the last ninety days. 1.30% of the stock is currently owned by company 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.