Equities research analysts expect that Capital One Financial Corporation (NYSE:COF) will announce $2.18 earnings per share for the current quarter, Zacks Investment Research reports. Six analysts have made estimates for Capital One Financial Corporation’s earnings. The highest EPS estimate is $2.24 and the lowest is $2.06. Capital One Financial Corporation posted earnings of $2.03 per share during the same quarter last year, which indicates a positive year over year growth rate of 7.4%. The business is expected to report its next quarterly earnings results after the market closes on Tuesday, October 24th.

According to Zacks, analysts expect that Capital One Financial Corporation will report full year earnings of $7.49 per share for the current financial year, with EPS estimates ranging from $7.23 to $7.61. For the next year, analysts anticipate that the firm will post earnings of $8.29 per share, with EPS estimates ranging from $7.75 to $8.71. Zacks’ earnings per share averages are a mean average based on a survey of analysts that follow Capital One Financial Corporation.

Capital One Financial Corporation (NYSE:COF) last released its earnings results on Thursday, July 20th. The financial services provider reported $1.96 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.06. The company had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $6.68 billion. Capital One Financial Corporation had a return on equity of 7.92% and a net margin of 13.32%. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.76 earnings per share.

Several equities research analysts recently weighed in on the company. Oppenheimer Holdings, Inc. set a $82.00 price objective on Capital One Financial Corporation and gave the company a “sell” rating in a report on Tuesday, July 11th. BMO Capital Markets reissued a “buy” rating and set a $103.00 price objective on shares of Capital One Financial Corporation in a report on Tuesday, June 20th. Barclays PLC reissued an “overweight” rating and set a $105.00 price objective on shares of Capital One Financial Corporation in a report on Saturday, July 22nd. BidaskClub downgraded Capital One Financial Corporation from a “sell” rating to a “strong sell” rating in a report on Monday, August 14th. Finally, Compass Point assumed coverage on Capital One Financial Corporation in a report on Thursday, August 10th. They set a “neutral” rating and a $90.00 price objective on the stock. Five analysts have rated the stock with a sell rating, thirteen have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. Capital One Financial Corporation has an average rating of “Hold” and a consensus target price of $92.27.

Capital One Financial Corporation (NYSE COF) traded up 0.88% during midday trading on Monday, hitting $87.10. The stock had a trading volume of 521,994 shares. The company has a market capitalization of $42.16 billion, a PE ratio of 12.70 and a beta of 1.23. The company’s 50-day moving average price is $81.43 and its 200 day moving average price is $82.15. Capital One Financial Corporation has a 52 week low of $70.50 and a 52 week high of $96.92.

Capital One Financial Corporation announced that its Board of Directors has approved a share repurchase plan on Wednesday, June 28th that permits the company to repurchase $1.85 billion in shares. This repurchase authorization permits the financial services provider to repurchase up to 4.6% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

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In related news, CEO Richard D. Fairbank sold 367,419 shares of the business’s stock in a transaction dated Wednesday, July 26th. The stock was sold at an average price of $87.02, for a total value of $31,972,801.38. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.73% of the company’s stock.

A number of institutional investors have recently modified their holdings of the stock. First National Bank of Mount Dora Trust Investment Services increased its position in Capital One Financial Corporation by 3.6% in the 3rd quarter. First National Bank of Mount Dora Trust Investment Services now owns 68,165 shares of the financial services provider’s stock valued at $5,770,000 after buying an additional 2,365 shares in the last quarter. Fulton Bank N.A. increased its position in Capital One Financial Corporation by 14.7% in the 3rd quarter. Fulton Bank N.A. now owns 6,879 shares of the financial services provider’s stock valued at $583,000 after buying an additional 879 shares in the last quarter. Lord Abbett & CO. LLC increased its position in Capital One Financial Corporation by 201.8% in the 2nd quarter. Lord Abbett & CO. LLC now owns 150,000 shares of the financial services provider’s stock valued at $12,393,000 after buying an additional 100,300 shares in the last quarter. Sentry Investment Management LLC increased its position in Capital One Financial Corporation by 17.6% in the 2nd quarter. Sentry Investment Management LLC now owns 38,135 shares of the financial services provider’s stock valued at $3,151,000 after buying an additional 5,715 shares in the last quarter. Finally, Oak Associates Ltd. OH increased its position in Capital One Financial Corporation by 1.8% in the 2nd quarter. Oak Associates Ltd. OH now owns 94,290 shares of the financial services provider’s stock valued at $7,790,000 after buying an additional 1,700 shares in the last quarter. 87.99% of the stock is owned by institutional investors and hedge funds.

About Capital One Financial Corporation

Capital One Financial Corporation is a diversified financial services holding company. The Company, along with its subsidiaries, offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company’s segments include Credit Card, Consumer Banking, Commercial Banking and Other.

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

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