Capital One Financial Corp. (NYSE:COF) – Wedbush increased their FY2018 EPS estimates for shares of Capital One Financial in a report issued on Wednesday. Wedbush analyst H. Coffey now anticipates that the financial services provider will earn $9.65 per share for the year, up from their previous forecast of $8.35. Wedbush currently has a “Hold” rating and a $95.00 target price on the stock. Wedbush also issued estimates for Capital One Financial’s FY2019 earnings at $10.40 EPS.

Several other equities research analysts have also commented on the stock. Piper Jaffray Companies 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 report 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 objective for the company in a research note on Monday, December 18th. Zacks Investment Research upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and set a $102.00 price objective for the company in a research note on Friday, October 27th. Compass Point raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $99.52 to $122.00 in a research report on Friday, December 22nd. Finally, Credit Suisse Group reissued a “hold” rating and set a $92.00 target price on shares of Capital One Financial in a research report on Tuesday, December 19th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and twelve have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $102.14.

Capital One Financial (COF) traded up $1.28 during trading hours on Friday, hitting $104.42. 2,177,700 shares of the stock traded hands, compared to its average volume of 2,115,050. Capital One Financial has a twelve month low of $76.05 and a twelve month high of $104.46. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.06 and a current ratio of 1.07. The company has a market cap of $51,020.00, a price-to-earnings ratio of 14.65, a P/E/G ratio of 1.38 and a beta of 1.28.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, October 24th. The financial services provider reported $2.42 earnings per share for the quarter, beating analysts’ consensus estimates of $2.15 by $0.27. Capital One Financial had a net margin of 13.34% and a return on equity of 8.25%. The company had revenue of $6.99 billion during the quarter, compared to analyst estimates of $6.81 billion. During the same quarter last year, the business posted $2.03 EPS. The firm’s revenue for the quarter was up 8.1% on a year-over-year basis.

A number of large investors have recently bought and sold shares of the business. Linscomb & Williams Inc. raised its position in Capital One Financial by 1.1% during the second quarter. Linscomb & Williams Inc. now owns 2,953 shares of the financial services provider’s stock worth $244,000 after acquiring an additional 33 shares during the period. Seven Eight Capital LP raised its position in Capital One Financial by 16.7% during the second quarter. Seven Eight Capital LP now owns 1,400 shares of the financial services provider’s stock worth $116,000 after acquiring an additional 200 shares during the period. Mutual of America Capital Management LLC raised its position in Capital One Financial by 0.4% during the second quarter. Mutual of America Capital Management LLC now owns 58,765 shares of the financial services provider’s stock worth $4,855,000 after acquiring an additional 249 shares during the period. Bancorpsouth Inc. raised its position in Capital One Financial by 0.7% during the second quarter. Bancorpsouth Inc. now owns 39,681 shares of the financial services provider’s stock worth $3,279,000 after acquiring an additional 263 shares during the period. Finally, Loews Corp raised its position in Capital One Financial by 13.8% during the second quarter. Loews Corp now owns 3,370 shares of the financial services provider’s stock worth $278,000 after acquiring an additional 409 shares during the period. Institutional investors own 88.33% of the company’s stock.

In related news, insider Yajnik Sanjiv sold 156,278 shares of the stock in a transaction on Friday, December 22nd. The shares were sold at an average price of $100.00, for a total transaction of $15,627,800.00. Following the sale, the insider now directly owns 199,216 shares of the company’s stock, valued at $19,921,600. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ann F. Hackett sold 11,055 shares of the company’s stock in a transaction on Wednesday, October 25th. The stock was sold at an average price of $91.18, for a total transaction of $1,007,994.90. Following the transaction, the director now owns 69,066 shares of the company’s stock, valued at $6,297,437.88. The disclosure for this sale can be found here. Insiders sold a total of 435,282 shares of company stock worth $42,264,713 over the last ninety days. Insiders own 1.73% of the company’s stock.

Capital One Financial declared that its board has authorized a share buyback program on Tuesday, December 26th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the financial services provider to purchase shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its stock is undervalued.

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About Capital One Financial

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.

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

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