$4.41 EPS Expected for Capital One Financial Co. (NYSE:COF) This Quarter

Brokerages predict that Capital One Financial Co. (NYSE:COF) will announce $4.41 earnings per share for the current quarter, according to Zacks. Seven analysts have issued estimates for Capital One Financial’s earnings, with estimates ranging from $3.47 to $5.91. Capital One Financial reported earnings of ($1.61) per share during the same quarter last year, which would indicate a positive year over year growth rate of 373.9%. The company is expected to issue its next earnings results on Tuesday, July 20th.

According to Zacks, analysts expect that Capital One Financial will report full year earnings of $17.33 per share for the current fiscal year, with EPS estimates ranging from $9.63 to $22.63. For the next year, analysts expect that the firm will post earnings of $15.56 per share, with EPS estimates ranging from $10.62 to $21.55. Zacks’ EPS calculations are an average based on a survey of analysts that cover Capital One Financial.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, April 27th. The financial services provider reported $7.03 earnings per share for the quarter, topping the Zacks’ consensus estimate of $4.17 by $2.86. Capital One Financial had a return on equity of 3.05% and a net margin of 4.08%. The business had revenue of $7.11 billion for the quarter, compared to analyst estimates of $7.02 billion. During the same quarter in the previous year, the firm earned ($3.02) earnings per share. The company’s revenue was down 1.9% on a year-over-year basis.

Several research analysts have recently weighed in on COF shares. Zacks Investment Research downgraded Capital One Financial from a “strong-buy” rating to a “hold” rating and set a $136.00 target price for the company. in a research note on Tuesday, March 30th. Barclays upped their target price on Capital One Financial from $145.00 to $162.00 and gave the company an “overweight” rating in a report on Wednesday, April 7th. Credit Suisse Group upped their target price on Capital One Financial from $150.00 to $160.00 and gave the company an “outperform” rating in a report on Tuesday, May 4th. Oppenheimer upped their price target on Capital One Financial from $130.00 to $155.00 in a research note on Wednesday, April 28th. Finally, JPMorgan Chase & Co. upped their price target on Capital One Financial from $89.00 to $135.00 and gave the company an “overweight” rating in a research note on Tuesday, January 19th. Three investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $144.64.

Shares of COF stock traded up $1.46 during trading hours on Wednesday, reaching $159.57. 51,657 shares of the company’s stock were exchanged, compared to its average volume of 3,222,417. Capital One Financial has a 1 year low of $57.30 and a 1 year high of $160.37. The stock has a market cap of $72.04 billion, a PE ratio of 79.06, a PEG ratio of 1.20 and a beta of 1.72. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 0.72. The stock’s fifty day moving average price is $139.26 and its two-hundred day moving average price is $112.64.

The business also recently declared a quarterly dividend, which will be paid on Friday, May 28th. Shareholders of record on Monday, May 17th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date is Friday, May 14th. Capital One Financial’s dividend payout ratio is currently 13.23%.

In other Capital One Financial news, insider Michael Slocum sold 6,354 shares of the stock in a transaction dated Tuesday, May 4th. The stock was sold at an average price of $148.19, for a total value of $941,599.26. Following the sale, the insider now owns 63,042 shares of the company’s stock, valued at approximately $9,342,193.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Kevin S. Borgmann sold 16,778 shares of the stock in a transaction dated Thursday, April 29th. The shares were sold at an average price of $146.93, for a total value of $2,465,191.54. Following the completion of the sale, the chief executive officer now directly owns 56,856 shares in the company, valued at approximately $8,353,852.08. The disclosure for this sale can be found here. Insiders sold a total of 157,249 shares of company stock worth $21,048,631 in the last ninety days. 1.47% of the stock is owned by corporate insiders.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Vantage Consulting Group Inc lifted its holdings in shares of Capital One Financial by 4.1% in the 1st quarter. Vantage Consulting Group Inc now owns 1,767 shares of the financial services provider’s stock valued at $225,000 after buying an additional 69 shares during the period. Parsons Capital Management Inc. RI increased its position in Capital One Financial by 1.6% during the first quarter. Parsons Capital Management Inc. RI now owns 4,422 shares of the financial services provider’s stock worth $563,000 after buying an additional 70 shares in the last quarter. Lindbrook Capital LLC increased its position in Capital One Financial by 28.2% during the first quarter. Lindbrook Capital LLC now owns 323 shares of the financial services provider’s stock worth $41,000 after buying an additional 71 shares in the last quarter. AMG National Trust Bank increased its position in Capital One Financial by 0.7% during the first quarter. AMG National Trust Bank now owns 11,316 shares of the financial services provider’s stock worth $1,440,000 after buying an additional 83 shares in the last quarter. Finally, Aspiriant LLC increased its position in Capital One Financial by 3.5% during the first quarter. Aspiriant LLC now owns 2,466 shares of the financial services provider’s stock worth $314,000 after buying an additional 84 shares in the last quarter. 89.60% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Company Profile

Capital One Financial Corporation operates as the financial services 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, Canada, and the United Kingdom. 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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