Oppenheimer Holdings Analysts Raise Earnings Estimates for Capital One Financial Corporation (COF)

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Capital One Financial Corporation (NYSE:COF) – Investment badysts at Oppenheimer Holdings upped their FY2017 earnings per share estimates for Capital One Financial Corporation in a badysis report issued on Tuesday, Zacks Investment Research stories. Oppenheimer Holdings badyst B. Chittenden now expects that the monetary companies supplier will submit earnings of $eight.04 per share for the yr, up from their earlier estimate of $7.64. Oppenheimer Holdings has a “Hold” score on the inventory.

Capital One Financial Corporation (NYSE:COF) final introduced its quarterly earnings outcomes on Tuesday, October 24th. The monetary companies supplier reported $2.42 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.15 by $zero.27. Capital One Financial Corporation had a web margin of 13.34% and a return on fairness of eight.25%. The agency had income of $6.99 billion for the quarter, in comparison with badyst estimates of $6.81 billion. During the identical quarter within the earlier yr, the agency posted $2.03 earnings per share. The enterprise’s income was up eight.1% on a year-over-year foundation.

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Plenty of different brokerages have additionally weighed in on COF. Zacks Investment Research lowered shares of Capital One Financial Corporation from a “buy” score to a “hold” score in a badysis observe on Monday, October 30th. Piper Jaffray Companies reaffirmed a “sell” score and issued a $81.00 value goal on shares of Capital One Financial Corporation in a badysis observe on Friday, October 27th. BMO Capital Markets boosted their value goal on shares of Capital One Financial Corporation from $116.00 to $118.00 and gave the inventory an “outperform” score in a badysis report on Wednesday, October 25th. Wedbush raised shares of Capital One Financial Corporation from an “underperform” score to a “neutral” score and set a $80.00 value goal on the inventory in a badysis report on Wednesday, October 25th. Finally, Wells Fargo & Company boosted their value goal on shares of Capital One Financial Corporation from $96.00 to $98.00 and gave the inventory an “outperform” score in a badysis report on Wednesday, October 25th. Three equities badysis badysts have rated the inventory with a promote score, 13 have issued a maintain score, eleven have badigned a purchase score and one has badigned a robust purchase score to the corporate’s inventory. The firm has a median score of “Hold” and a consensus goal value of $95.00.

Capital One Financial Corporation (NYSE:COF) opened at $91.60 on Friday. The firm has a fast ratio of 1.06, a present ratio of 1.07 and a debt-to-equity ratio of 1.17. Capital One Financial Corporation has a one yr low of $71.91 and a one yr excessive of $96.92. The agency has a market cap of $44,402.55, a P/E ratio of 12.08, a price-to-earnings-growth ratio of 1.37 and a beta of 1.30.

The enterprise additionally just lately disclosed a quarterly dividend, which shall be paid on Friday, November 24th. Shareholders of document on Monday, November 13th shall be issued a $zero.40 dividend. The ex-dividend date of this dividend is Friday, November 10th. This represents a $1.60 annualized dividend and a dividend yield of 1.75%. Capital One Financial Corporation’s dividend payout ratio is at present 22.63%.

In different Capital One Financial Corporation information, Director Mayo A. Shattuck III bought 24,167 shares of the corporate’s inventory in a transaction on Friday, October 27th. The shares have been bought at a median value of $92.71, for a complete worth of $2,240,522.57. Following the transaction, the director now immediately owns 59,613 shares within the firm, valued at $5,526,721.23. The transaction was disclosed in a submitting with the SEC, which is obtainable by way of the SEC web site. Also, Director Ann F. Hackett bought 11,055 shares of the corporate’s inventory in a transaction dated Wednesday, October 25th. The shares have been bought at a median value of $91.18, for a complete transaction of $1,007,994.90. Following the completion of the transaction, the director now owns 69,066 shares within the firm, valued at $6,297,437.88. The disclosure for this sale could be discovered right here. 1.73% of the inventory is owned by insiders.

Several hedge funds have just lately added to or lowered their stakes in COF. BlackRock Inc. grew its stake in shares of Capital One Financial Corporation by three,066.1% within the first quarter. BlackRock Inc. now owns 31,294,690 shares of the monetary companies supplier’s inventory valued at $2,711,996,00zero after buying a further 30,306,250 shares within the final quarter. Davis Selected Advisers grew its stake in shares of Capital One Financial Corporation by 112.eight% within the second quarter. Davis Selected Advisers now owns eight,061,905 shares of the monetary companies supplier’s inventory valued at $666,075,00zero after buying a further four,274,053 shares within the final quarter. AQR Capital Management LLC grew its stake in shares of Capital One Financial Corporation by 71.eight% within the first quarter. AQR Capital Management LLC now owns three,255,551 shares of the monetary companies supplier’s inventory valued at $282,126,00zero after buying a further 1,360,zero57 shares within the final quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of Capital One Financial Corporation by 107.eight% within the second quarter. Arrowstreet Capital Limited Partnership now owns 1,989,104 shares of the monetary companies supplier’s inventory valued at $164,340,00zero after buying a further 1,zero31,829 shares within the final quarter. Finally, Vanguard Group Inc. grew its stake in shares of Capital One Financial Corporation by three.2% within the first quarter. Vanguard Group Inc. now owns 31,454,174 shares of the monetary companies supplier’s inventory valued at $2,725,818,00zero after buying a further 963,101 shares within the final quarter. Institutional buyers and hedge funds personal 87.51% of the corporate’s inventory.

About Capital One Financial Corporation

Capital One Financial Corporation is a diversified monetary companies holding firm. The Company, together with its subsidiaries, gives a spread of monetary services to shoppers, small companies and business purchasers by way of branches, the Internet and different distribution channels. The Company’s segments embrace Credit Card, Consumer Banking, Commercial Banking and Other.

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

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