Zacks: Analysts Anticipate Capital One Financial Co. (NYSE:COF) Will Post Earnings of $5.13 Per Share

Analysts expect Capital One Financial Co. (NYSE:COF) to report earnings per share (EPS) of $5.13 for the current quarter, according to Zacks Investment Research. Seventeen analysts have issued estimates for Capital One Financial’s earnings. The lowest EPS estimate is $4.47 and the highest is $5.59. Capital One Financial reported earnings per share of $5.29 in the same quarter last year, which would indicate a negative year-over-year growth rate of 3%. The business is expected to report its next quarterly earnings results on Tuesday, January 25th.

According to Zacks, analysts expect that Capital One Financial will report full-year earnings of $26.45 per share for the current year, with EPS estimates ranging from $24.50 to $27.09. For the next fiscal year, analysts forecast that the firm will post earnings of $19.17 per share, with EPS estimates ranging from $16.79 to $23.37. Zacks’ earnings per share calculations are an average based on a survey of research analysts that cover Capital One Financial.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, October 26th. The financial services provider reported $6.86 earnings per share for the quarter, topping analysts’ consensus estimates of $5.22 by $1.64. The business had revenue of $7.83 billion for the quarter, compared to analysts’ expectations of $7.45 billion. Capital One Financial had a return on equity of 19.85% and a net margin of 39.92%. The business’s quarterly revenue was up 6.1% on a year-over-year basis. During the same period in the prior year, the firm earned $5.05 EPS.

COF has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft raised their target price on Capital One Financial from $180.00 to $194.00 and gave the company a “buy” rating in a research report on Wednesday, October 27th. Oppenheimer lowered their target price on Capital One Financial from $188.00 to $180.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 2nd. Seaport Res Ptn restated a “neutral” rating on shares of Capital One Financial in a research report on Monday, August 30th. William Blair restated a “market perform” rating on shares of Capital One Financial in a research report on Wednesday, October 27th. Finally, Stephens raised their target price on Capital One Financial from $170.00 to $210.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 27th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $180.88.

In related news, insider John G. Finneran, Jr. sold 20,000 shares of the stock in a transaction on Thursday, September 23rd. The stock was sold at an average price of $165.37, for a total transaction of $3,307,400.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Yajnik Sanjiv sold 451 shares of the stock in a transaction on Monday, September 27th. The stock was sold at an average price of $170.00, for a total value of $76,670.00. The disclosure for this sale can be found here. Company insiders own 1.31% of the company’s stock.

Institutional investors have recently bought and sold shares of the company. JFS Wealth Advisors LLC increased its stake in shares of Capital One Financial by 1,383.3% in the third quarter. JFS Wealth Advisors LLC now owns 267 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 249 shares during the period. D Orazio & Associates Inc. grew its position in Capital One Financial by 32.1% during the third quarter. D Orazio & Associates Inc. now owns 276 shares of the financial services provider’s stock worth $45,000 after buying an additional 67 shares in the last quarter. Tobam acquired a new stake in Capital One Financial during the third quarter worth about $49,000. Trustcore Financial Services LLC acquired a new stake in Capital One Financial during the second quarter worth about $50,000. Finally, Eagle Bay Advisors LLC acquired a new stake in Capital One Financial during the second quarter worth about $74,000. Institutional investors and hedge funds own 88.48% of the company’s stock.

COF opened at $155.86 on Friday. Capital One Financial has a 12 month low of $85.16 and a 12 month high of $177.95. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.93 and a quick ratio of 0.91. The stock has a market cap of $66.34 billion, a P/E ratio of 5.82, a P/E/G ratio of 0.22 and a beta of 1.67. The stock’s 50 day moving average price is $160.83 and its 200 day moving average price is $161.14.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 26th. Stockholders of record on Monday, November 15th will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.54%. The ex-dividend date is Friday, November 12th. Capital One Financial’s dividend payout ratio is presently 8.96%.

About Capital One Financial

Capital One Financial Corp. operates as a financial holding company. The firm engages in the provision of financial products and services. It operates through the following segments: Credit Card, Consumer Banking and Commercial Banking. The Credit Card segment offers domestic consumer and small business card lending, and international card lending businesses.

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Earnings History and Estimates for Capital One Financial (NYSE:COF)

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