Q4 2023 EPS Estimates for Capital One Financial Co. Decreased by Seaport Res Ptn (NYSE:COF)

Capital One Financial Co. (NYSE:COF – Get Rating) – Investment analysts at Seaport Res Ptn reduced their Q4 2023 EPS estimates for shares of Capital One Financial in a note issued to investors on Monday, May 22nd. Seaport Res Ptn analyst W. Ryan now anticipates that the financial services provider will earn $3.13 per share for the quarter, down from their prior estimate of $3.25. The consensus estimate for Capital One Financial’s current full-year earnings is $12.06 per share.

Capital One Financial (NYSE:COF – Get Rating) last posted its quarterly earnings data on Thursday, April 27th. The financial services provider reported $2.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.80 by ($1.49). The business had revenue of $8.90 billion during the quarter, compared to the consensus estimate of $9.07 billion. Capital One Financial had a net margin of 14.33% and a return on equity of 10.90%. The business’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same period in the prior year, the firm earned $5.62 EPS.

COF has been the subject of a number of other research reports. Citigroup cut their price target on shares of Capital One Financial from $126.00 to $119.00 in a report on Friday, April 28th. Wells Fargo & Company cut their price target on shares of Capital One Financial from $115.00 to $110.00 and set an “overweight” rating for the company in a report on Friday, March 31st. StockNews.com started coverage on shares of Capital One Financial in a report on Thursday, May 18th. They set a “hold” rating for the company. Credit Suisse Group cut their price target on shares of Capital One Financial from $112.00 to $108.00 in a report on Friday, April 28th. Finally, Odeon Capital Group downgraded shares of Capital One Financial from a “hold” rating to a “sell” rating and set a $94.20 price target for the company. in a report on Thursday, March 2nd. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $114.78.

Capital One Financial Stock Performance

NYSE COF opened at $102.17 on Tuesday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.88. The company has a market capitalization of $39.01 billion, a P/E ratio of 7.05, a P/E/G ratio of 1.33 and a beta of 1.47. Capital One Financial has a 12-month low of $83.93 and a 12-month high of $128.95. The firm has a 50-day moving average price of $93.67 and a two-hundred day moving average price of $99.98.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 26th. Shareholders of record on Monday, May 15th will be given a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 2.35%. The ex-dividend date of this dividend is Friday, May 12th. Capital One Financial’s dividend payout ratio (DPR) is currently 16.55%.

Institutional Investors Weigh In On Capital One Financial

Large investors have recently modified their holdings of the company. Toth Financial Advisory Corp lifted its holdings in shares of Capital One Financial by 20.6% in the 4th quarter. Toth Financial Advisory Corp now owns 585 shares of the financial services provider’s stock worth $54,000 after acquiring an additional 100 shares during the last quarter. Louisiana State Employees Retirement System lifted its holdings in shares of Capital One Financial by 0.4% in the 4th quarter. Louisiana State Employees Retirement System now owns 24,700 shares of the financial services provider’s stock worth $2,296,000 after acquiring an additional 100 shares during the last quarter. Verus Financial Partners Inc. lifted its holdings in shares of Capital One Financial by 3.4% in the 4th quarter. Verus Financial Partners Inc. now owns 3,118 shares of the financial services provider’s stock worth $371,000 after acquiring an additional 103 shares during the last quarter. Checchi Capital Advisers LLC lifted its holdings in shares of Capital One Financial by 3.0% in the 3rd quarter. Checchi Capital Advisers LLC now owns 3,551 shares of the financial services provider’s stock worth $327,000 after acquiring an additional 105 shares during the last quarter. Finally, Cerro Pacific Wealth Advisors LLC lifted its holdings in shares of Capital One Financial by 4.2% in the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 2,823 shares of the financial services provider’s stock worth $262,000 after acquiring an additional 113 shares during the last quarter. 88.30% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Company Profile

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Capital One Financial Corp. operates as a financial holding company. The firm engages in the provision of financial products and services. It operates through the following segments: Credit Card, Consumer Banking and Commercial Banking. The Credit Card segment includes domestic consumer and small business card lending, and international card lending businesses.