Zacks Research Has Positive Outlook for COF FY2024 Earnings

Capital One Financial Co. (NYSE:COF – Free Report) – Research analysts at Zacks Research increased their FY2024 earnings estimates for shares of Capital One Financial in a report released on Thursday, November 14th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings per share of $13.26 for the year, [...]

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Capital One Financial Co. ( NYSE:COF – Free Report ) – Research analysts at Zacks Research increased their FY2024 earnings estimates for shares of Capital One Financial in a report released on Thursday, November 14th. Zacks Research analyst R.

Department now anticipates that the financial services provider will post earnings per share of $13.26 for the year, up from their previous forecast of $12.82.



The consensus estimate for Capital One Financial’s current full-year earnings is $13.54 per share. Zacks Research also issued estimates for Capital One Financial’s Q2 2025 earnings at $3.

75 EPS, Q3 2025 earnings at $4.24 EPS, FY2025 earnings at $15.13 EPS and Q2 2026 earnings at $4.

48 EPS. Several other research analysts also recently commented on the company. JPMorgan Chase & Co.

boosted their target price on Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a research note on Monday, October 7th.

Evercore ISI lifted their target price on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th.

Bank of America upped their price target on shares of Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a research report on Wednesday, July 24th.

The Goldman Sachs Group lifted their price target on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a report on Tuesday.

Finally, Barclays boosted their price objective on shares of Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 8th.

Eleven research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $160.

18. Capital One Financial Price Performance Capital One Financial stock opened at $181.00 on Monday.

The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.

00. Capital One Financial has a 52 week low of $105.39 and a 52 week high of $198.

30. The stock has a market capitalization of $69.05 billion, a P/E ratio of 17.

09, a price-to-earnings-growth ratio of 1.37 and a beta of 1.43.

The stock has a fifty day moving average of $159.40 and a 200-day moving average of $146.95.

Capital One Financial ( NYSE:COF – Get Free Report ) last announced its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, beating the consensus estimate of $3.

70 by $0.81. The business had revenue of $10 billion during the quarter, compared to the consensus estimate of $9.

88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.

00%. The company’s revenue was up 6.8% on a year-over-year basis.

During the same period in the previous year, the business earned $4.45 earnings per share. Capital One Financial Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd.

Stockholders of record on Thursday, November 14th will be given a dividend of $0.60 per share. This represents a $2.

40 annualized dividend and a dividend yield of 1.33%. The ex-dividend date is Thursday, November 14th.

Capital One Financial’s dividend payout ratio (DPR) is 22.66%. Insider Activity In related news, insider Kara West sold 721 shares of Capital One Financial stock in a transaction on Thursday, November 7th.

The shares were sold at an average price of $184.73, for a total value of $133,190.33.

Following the completion of the sale, the insider now owns 12,929 shares of the company’s stock, valued at approximately $2,388,374.17. This trade represents a 5.

28 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website . Also, insider Frank G.

LapradeIii sold 15,751 shares of the firm’s stock in a transaction on Thursday, October 17th. The shares were sold at an average price of $160.00, for a total transaction of $2,520,160.

00. Following the completion of the transaction, the insider now directly owns 44,711 shares in the company, valued at $7,153,760. This trade represents a 26.

05 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold 29,007 shares of company stock worth $4,982,647 in the last quarter.

1.30% of the stock is owned by corporate insiders. Institutional Trading of Capital One Financial A number of hedge funds and other institutional investors have recently added to or reduced their stakes in COF.

Capital Research Global Investors boosted its position in shares of Capital One Financial by 72.8% during the first quarter. Capital Research Global Investors now owns 21,128,089 shares of the financial services provider’s stock valued at $3,145,761,000 after buying an additional 8,900,241 shares during the last quarter.

FMR LLC boosted its holdings in Capital One Financial by 21.4% during the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock worth $994,350,000 after acquiring an additional 1,169,395 shares during the last quarter.

Eminence Capital LP purchased a new position in Capital One Financial during the 2nd quarter worth $127,465,000. Wellington Management Group LLP raised its holdings in shares of Capital One Financial by 268.7% in the third quarter.

Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock valued at $146,052,000 after purchasing an additional 710,881 shares during the last quarter. Finally, Southpoint Capital Advisors LP bought a new position in shares of Capital One Financial during the third quarter valued at about $104,811,000. 89.

84% of the stock is owned by institutional investors. Capital One Financial Company Profile ( Get Free Report ) 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.

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