Capital One Financial (COF) to Release Quarterly Earnings on Tuesday

Capital One Financial (NYSE:COF) is expected to announce its earnings results after the market closes on Tuesday, January 21st. Analysts expect the company to announce earnings of $2.78 per share and revenue of $10,220,675.12 billion for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data 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 during the quarter, compared to analyst estimates of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The business’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the firm earned $4.45 earnings per share. On average, analysts expect Capital One Financial to post $13 EPS for the current fiscal year and $15 EPS for the next fiscal year.

Capital One Financial Trading Up 1.4 %

NYSE COF opened at $191.16 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78. Capital One Financial has a 1-year low of $123.23 and a 1-year high of $198.30. The firm’s fifty day simple moving average is $183.82 and its 200-day simple moving average is $160.31. The company has a market capitalization of $72.88 billion, a PE ratio of 18.05, a price-to-earnings-growth ratio of 1.12 and a beta of 1.46.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were issued a $0.60 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $2.40 annualized dividend and a yield of 1.26%. Capital One Financial’s dividend payout ratio (DPR) is currently 22.66%.

Wall Street Analyst Weigh In

Several equities analysts have commented on COF shares. UBS Group upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and lifted their target price for the company from $168.00 to $235.00 in a research report on Monday, January 13th. JPMorgan Chase & Co. increased their target price on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a report on Monday, December 9th. Evercore ISI boosted their price target on Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research note on Wednesday, October 30th. Robert W. Baird increased their price objective on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. Finally, Truist Financial began coverage on shares of Capital One Financial in a research note on Tuesday, January 7th. They issued a “buy” rating and a $229.00 target price on the stock. Ten equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $188.06.

Insider Transactions at Capital One Financial

In other news, insider Mark Daniel Mouadeb sold 1,994 shares of Capital One Financial stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total transaction of $323,765.78. Following the completion of the sale, the insider now owns 19,776 shares in the company, valued at approximately $3,211,029.12. This trade represents a 9.16 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Kara West sold 721 shares of the business’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $184.73, for a total transaction of $133,190.33. Following the completion of the transaction, the insider now directly owns 12,929 shares of the company’s stock, valued at approximately $2,388,374.17. This represents a 5.28 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 13,256 shares of company stock worth $2,462,487 in the last quarter. Insiders own 1.30% of the company’s stock.

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.