Capital One Financial (NYSE:COF) Raised to “Outperform” at Evercore ISI

Evercore ISI upgraded shares of Capital One Financial (NYSE:COF) from an in-line rating to an outperform rating in a research note issued to investors on Wednesday morning, MarketBeat reports. Evercore ISI currently has $200.00 target price on the financial services provider’s stock.

A number of other brokerages have also recently issued reports on COF. Barclays increased their target price on Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a report on Wednesday, January 22nd. Robert W. Baird upgraded Capital One Financial from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from $190.00 to $200.00 in a research note on Tuesday. Argus upgraded shares of Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. JPMorgan Chase & Co. increased their target price on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research report on Monday, December 9th. Finally, UBS Group upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price target for the company from $168.00 to $235.00 in a research report on Monday, January 13th. Five analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $206.67.

Capital One Financial Stock Up 3.6 %

COF opened at $172.06 on Wednesday. The business has a 50 day moving average of $192.37 and a 200-day moving average of $175.19. The stock has a market capitalization of $65.61 billion, a price-to-earnings ratio of 14.85, a P/E/G ratio of 1.19 and a beta of 1.47. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial has a 1-year low of $128.23 and a 1-year 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 for the quarter, beating the consensus estimate of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.22 billion. During the same quarter last year, the company earned $2.81 earnings per share. The firm’s revenue was up 7.2% on a year-over-year basis. As a group, sell-side analysts anticipate that Capital One Financial will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a $0.60 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a yield of 1.39%. Capital One Financial’s payout ratio is presently 20.71%.

Institutional Trading of Capital One Financial

Several institutional investors and hedge funds have recently made changes to their positions in the business. Bfsg LLC acquired a new stake in shares of Capital One Financial during the fourth quarter worth $27,000. Kohmann Bosshard Financial Services LLC bought a new position in Capital One Financial during the fourth quarter worth about $27,000. TruNorth Capital Management LLC acquired a new position in shares of Capital One Financial during the 4th quarter worth about $29,000. Decker Retirement Planning Inc. acquired a new stake in shares of Capital One Financial in the 4th quarter valued at approximately $32,000. Finally, SBI Securities Co. Ltd. bought a new position in Capital One Financial during the 4th quarter worth approximately $32,000. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Company Profile

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.