Brokerages Set Capital One Financial Co. (NYSE:COF) PT at $202.27

Shares of Capital One Financial Co. (NYSE:COF) have received a consensus recommendation of “Moderate Buy” from the eighteen analysts that are currently covering the company, MarketBeat Ratings reports. Seven research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $202.27.

A number of brokerages have weighed in on COF. Argus raised shares of Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $168.00 to $235.00 in a research report on Monday, January 13th. The Goldman Sachs Group upped their price target on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Truist Financial lifted their price objective on Capital One Financial from $229.00 to $257.00 and gave the stock a “buy” rating in a report on Monday, January 27th. Finally, Bank of America upgraded Capital One Financial from a “neutral” rating to a “buy” rating and upped their target price for the company from $207.00 to $235.00 in a research note on Wednesday, February 19th.

Capital One Financial Trading Down 2.2 %

Shares of NYSE:COF opened at $196.08 on Thursday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The stock’s 50-day moving average is $193.64 and its 200-day moving average is $173.65. The company has a market cap of $74.77 billion, a P/E ratio of 16.92, a P/E/G ratio of 1.19 and a beta of 1.47. Capital One Financial has a 52-week low of $128.23 and a 52-week high of $210.67.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same quarter last year, the firm posted $2.81 EPS. The company’s revenue was up 7.2% on a year-over-year basis. Equities research analysts predict that Capital One Financial will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.22%. The ex-dividend date was Tuesday, February 18th. Capital One Financial’s payout ratio is 20.71%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Private Advisor Group LLC grew its holdings in shares of Capital One Financial by 10.4% during the third quarter. Private Advisor Group LLC now owns 8,601 shares of the financial services provider’s stock worth $1,288,000 after purchasing an additional 808 shares during the last quarter. Arkadios Wealth Advisors raised its holdings in Capital One Financial by 3.9% during the 3rd quarter. Arkadios Wealth Advisors now owns 1,780 shares of the financial services provider’s stock worth $266,000 after purchasing an additional 66 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in Capital One Financial by 7.3% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 23,004 shares of the financial services provider’s stock valued at $3,444,000 after purchasing an additional 1,564 shares during the period. Nisa Investment Advisors LLC boosted its stake in shares of Capital One Financial by 5.1% in the 3rd quarter. Nisa Investment Advisors LLC now owns 153,631 shares of the financial services provider’s stock valued at $23,003,000 after purchasing an additional 7,390 shares during the last quarter. Finally, Pallas Capital Advisors LLC acquired a new stake in shares of Capital One Financial during the 3rd quarter worth approximately $336,000. 89.84% of the stock is owned by institutional investors and hedge funds.

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.