Wall Street analysts expect that Capital One Financial Corp. (NYSE:COF) will report earnings of $2.33 per share for the current fiscal quarter, Zacks reports. Eight analysts have issued estimates for Capital One Financial’s earnings, with estimates ranging from $2.13 to $2.44. Capital One Financial posted earnings of $1.75 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 33.1%. The business is expected to report its next quarterly earnings report after the market closes on Tuesday, April 24th.

On average, analysts expect that Capital One Financial will report full year earnings of $9.84 per share for the current fiscal year, with EPS estimates ranging from $9.50 to $10.60. For the next financial year, analysts forecast that the business will report earnings of $10.64 per share, with EPS estimates ranging from $10.25 to $10.97. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that follow Capital One Financial.

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Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, January 23rd. The financial services provider reported $1.62 EPS for the quarter, missing the Zacks’ consensus estimate of $1.85 by ($0.23). The company had revenue of $7 billion during the quarter, compared to analysts’ expectations of $7.12 billion. Capital One Financial had a net margin of 6.89% and a return on equity of 8.36%. The company’s quarterly revenue was up 6.6% on a year-over-year basis. During the same period last year, the business earned $1.45 earnings per share.

COF has been the subject of a number of recent research reports. Piper Jaffray upgraded shares of Capital One Financial from an “underweight” rating to a “neutral” rating and set a $81.00 price target for the company in a research note on Monday, December 18th. Bank of America upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and set a $107.00 price target for the company in a research note on Monday, December 18th. Credit Suisse Group reiterated a “hold” rating and set a $92.00 price target on shares of Capital One Financial in a research note on Tuesday, December 19th. Compass Point upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and increased their price target for the stock from $99.52 to $122.00 in a research note on Friday, December 22nd. Finally, Zacks Investment Research upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and set a $111.00 target price for the company in a research note on Tuesday, December 26th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eleven have issued a buy rating to the company. Capital One Financial has an average rating of “Hold” and a consensus target price of $107.57.

NYSE:COF traded up $0.66 during trading hours on Wednesday, reaching $97.05. 198,450 shares of the company’s stock were exchanged, compared to its average volume of 2,306,716. The stock has a market cap of $46,873.21, a P/E ratio of 12.37, a P/E/G ratio of 0.85 and a beta of 1.31. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.08 and a quick ratio of 1.07. Capital One Financial has a 1-year low of $76.05 and a 1-year high of $106.50.

Capital One Financial announced that its Board of Directors has approved a stock buyback plan on Tuesday, December 26th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the financial services provider to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its shares are undervalued.

In other Capital One Financial news, insider Kleber Santos sold 1,711 shares of the firm’s stock in a transaction dated Thursday, March 22nd. The shares were sold at an average price of $97.00, for a total transaction of $165,967.00. Following the completion of the transaction, the insider now directly owns 15,894 shares in the company, valued at approximately $1,541,718. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Richard D. Fairbank sold 485,202 shares of the firm’s stock in a transaction dated Thursday, January 25th. The shares were sold at an average price of $105.09, for a total transaction of $50,989,878.18. The disclosure for this sale can be found here. Insiders sold 575,606 shares of company stock valued at $60,316,349 in the last quarter. Company insiders own 1.40% of the company’s stock.

A number of large investors have recently bought and sold shares of COF. Oppenheimer Asset Management Inc. increased its holdings in Capital One Financial by 9.3% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 23,569 shares of the financial services provider’s stock valued at $1,995,000 after acquiring an additional 2,011 shares in the last quarter. Cornerstone Capital Management Holdings LLC. lifted its position in Capital One Financial by 1.9% during the third quarter. Cornerstone Capital Management Holdings LLC. now owns 101,752 shares of the financial services provider’s stock valued at $8,614,000 after buying an additional 1,925 shares in the last quarter. Janus Henderson Group PLC lifted its position in Capital One Financial by 3.8% during the third quarter. Janus Henderson Group PLC now owns 158,640 shares of the financial services provider’s stock valued at $13,428,000 after buying an additional 5,781 shares in the last quarter. Highbridge Capital Management LLC lifted its position in Capital One Financial by 105.8% during the third quarter. Highbridge Capital Management LLC now owns 57,169 shares of the financial services provider’s stock valued at $4,840,000 after buying an additional 29,391 shares in the last quarter. Finally, Beacon Investment Advisory Services Inc. acquired a new position in Capital One Financial during the third quarter valued at approximately $338,000. Hedge funds and other institutional investors own 89.96% of the company’s stock.

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About Capital One Financial

Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.

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

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