Analysts Set Capital One Financial Co. (NYSE:COF) PT at $203.87

Capital One Financial Co. (NYSE:COF) has been assigned a consensus recommendation of “Moderate Buy” from the nineteen ratings firms that are presently covering the company, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation, thirteen have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $206.63.

COF has been the topic of a number of research reports. Argus raised shares of Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. Citigroup cut their price objective on shares of Capital One Financial from $245.00 to $230.00 and set a “buy” rating for the company in a research report on Monday. Bank of America raised Capital One Financial from a “neutral” rating to a “buy” rating and raised their target price for the stock from $207.00 to $235.00 in a report on Wednesday, February 19th. Truist Financial cut their price target on Capital One Financial from $257.00 to $215.00 and set a “buy” rating for the company in a report on Friday, March 21st. Finally, Royal Bank of Canada raised their price objective on Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a research note on Wednesday, January 22nd.

Capital One Financial Price Performance

NYSE COF opened at $179.88 on Monday. The stock has a market capitalization of $68.59 billion, a price-to-earnings ratio of 15.52, a PEG ratio of 1.19 and a beta of 1.47. Capital One Financial has a 1-year low of $128.23 and a 1-year high of $210.67. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The business’s fifty day moving average price is $191.26 and its 200-day moving average price is $177.14.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The company had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. Capital One Financial’s revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.81 earnings per share. On average, equities analysts predict that Capital One Financial will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.33%. Capital One Financial’s dividend payout ratio is 20.71%.

Institutional Trading of Capital One Financial

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Principal Financial Group Inc. grew its position in shares of Capital One Financial by 4.3% during the third quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider’s stock valued at $64,482,000 after purchasing an additional 17,825 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in shares of Capital One Financial by 4.5% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 46,174 shares of the financial services provider’s stock worth $8,234,000 after buying an additional 2,006 shares in the last quarter. Dai ichi Life Insurance Company Ltd boosted its stake in Capital One Financial by 36.8% during the third quarter. Dai ichi Life Insurance Company Ltd now owns 11,162 shares of the financial services provider’s stock valued at $1,671,000 after buying an additional 3,000 shares during the last quarter. Artemis Investment Management LLP purchased a new position in Capital One Financial during the 4th quarter valued at approximately $46,915,000. Finally, Fisher Asset Management LLC increased its stake in Capital One Financial by 0.7% in the 3rd quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider’s stock worth $1,451,527,000 after acquiring an additional 72,097 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors.

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.