Zacks Research Issues Optimistic Forecast for COF Earnings

Capital One Financial Co. (NYSE:COF) – Investment analysts at Zacks Research increased their FY2024 earnings per share (EPS) estimates for shares of Capital One Financial in a note issued to investors on Thursday, November 14th. Zacks Research analyst R. Department now expects that the financial services provider will earn $13.26 per share for the year, up from their prior forecast of $12.82. The consensus estimate for Capital One Financial’s current full-year earnings is $13.54 per share. Zacks Research also issued estimates for Capital One Financial’s Q2 2025 earnings at $3.75 EPS, Q3 2025 earnings at $4.24 EPS, FY2025 earnings at $15.13 EPS and Q2 2026 earnings at $4.48 EPS.

A number of other analysts also recently commented on COF. Citigroup assumed coverage on shares of Capital One Financial in a report on Friday, September 20th. They issued a “buy” rating and a $190.00 target price on the stock. Robert W. Baird upped their price target on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, October 25th. Evercore ISI raised their price objective on Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research note on Wednesday, October 30th. Barclays boosted their target price on Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. Finally, Bank of America increased their price target on Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a research report on Wednesday, July 24th. Eleven research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, Capital One Financial has a consensus rating of “Hold” and a consensus price target of $156.35.

Capital One Financial Price Performance

Shares of Capital One Financial stock opened at $185.14 on Monday. Capital One Financial has a 52 week low of $104.21 and a 52 week high of $198.30. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78. The stock has a market cap of $70.63 billion, a PE ratio of 17.48, a price-to-earnings-growth ratio of 1.37 and a beta of 1.43. The company’s 50-day moving average price is $157.74 and its two-hundred day moving average price is $146.39.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, beating analysts’ consensus estimates of $3.70 by $0.81. The company had revenue of $10 billion for the quarter, compared to analyst estimates of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The company’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period last year, the company earned $4.45 earnings per share.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Geode Capital Management LLC boosted its holdings in shares of Capital One Financial by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 8,020,160 shares of the financial services provider’s stock worth $1,198,664,000 after buying an additional 159,616 shares during the period. Brophy Wealth Management LLC acquired a new position in Capital One Financial during the 3rd quarter worth $318,000. Vestcor Inc boosted its holdings in Capital One Financial by 8.5% during the third quarter. Vestcor Inc now owns 7,570 shares of the financial services provider’s stock valued at $1,133,000 after acquiring an additional 591 shares during the period. M&T Bank Corp grew its position in shares of Capital One Financial by 0.5% in the third quarter. M&T Bank Corp now owns 128,304 shares of the financial services provider’s stock valued at $19,211,000 after purchasing an additional 620 shares during the last quarter. Finally, Barclays PLC grew its position in shares of Capital One Financial by 2.9% in the third quarter. Barclays PLC now owns 1,042,273 shares of the financial services provider’s stock valued at $156,058,000 after purchasing an additional 29,416 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insiders Place Their Bets

In related news, insider Kara West sold 721 shares of the company’s stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $184.73, for a total value of $133,190.33. Following the completion of the sale, the insider now directly owns 12,929 shares in the company, valued at approximately $2,388,374.17. This represents a 5.28 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Frank G. LapradeIii sold 15,751 shares of the firm’s stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $160.00, for a total value of $2,520,160.00. Following the transaction, the insider now owns 44,711 shares in the company, valued at approximately $7,153,760. This trade represents a 26.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 29,007 shares of company stock valued at $4,982,647 in the last three months. Insiders own 1.30% of the company’s stock.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th will be paid a $0.60 dividend. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a yield of 1.30%. Capital One Financial’s dividend payout ratio (DPR) is currently 22.66%.

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.