Zacks Research Has Bullish Estimate for COF FY2024 Earnings

Capital One Financial Co. (NYSE:COF) – Stock analysts at Zacks Research boosted their FY2024 EPS estimates for shares of Capital One Financial in a research report issued to clients and investors on Thursday, November 14th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings of $13.26 per share 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.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.70 by $0.81. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The firm had revenue of $10 billion during the quarter, compared to analyst estimates of $9.88 billion. During the same quarter in the previous year, the business earned $4.45 earnings per share. Capital One Financial’s quarterly revenue was up 6.8% on a year-over-year basis.

Several other research firms also recently weighed in on COF. Evercore ISI lifted their price objective on Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a report on Wednesday, October 30th. Citigroup began coverage on shares of Capital One Financial in a research report on Friday, September 20th. They issued a “buy” rating and a $190.00 price target for the company. Bank of America lifted their price objective on shares of Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a report on Wednesday, July 24th. JPMorgan Chase & Co. upped their target price on Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a report on Monday, October 7th. Finally, Royal Bank of Canada lifted their price target on Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a report on Friday, October 25th. Eleven research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, Capital One Financial currently has an average rating of “Hold” and a consensus target price of $156.35.

Capital One Financial Trading Down 1.2 %

Shares of NYSE COF opened at $182.86 on Monday. Capital One Financial has a twelve month low of $105.39 and a twelve month high of $198.30. The firm has a market cap of $69.76 billion, a PE ratio of 17.27, a price-to-earnings-growth ratio of 1.37 and a beta of 1.43. The business has a fifty day simple moving average of $158.54 and a two-hundred day simple moving average of $146.68. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78.

Institutional Trading of Capital One Financial

Several large investors have recently made changes to their positions in COF. Prossimo Advisors LLC boosted its holdings in Capital One Financial by 2.4% in the third quarter. Prossimo Advisors LLC now owns 2,735 shares of the financial services provider’s stock valued at $410,000 after purchasing an additional 65 shares during the last quarter. Arkadios Wealth Advisors lifted its holdings in shares of Capital One Financial by 3.9% in the 3rd quarter. Arkadios Wealth Advisors now owns 1,780 shares of the financial services provider’s stock valued at $266,000 after buying an additional 66 shares during the period. Baldwin Investment Management LLC boosted its stake in shares of Capital One Financial by 0.6% in the third quarter. Baldwin Investment Management LLC now owns 12,215 shares of the financial services provider’s stock worth $1,829,000 after buying an additional 70 shares during the last quarter. Harbour Investments Inc. grew its holdings in Capital One Financial by 0.7% during the third quarter. Harbour Investments Inc. now owns 9,579 shares of the financial services provider’s stock worth $1,434,000 after acquiring an additional 71 shares during the period. Finally, Arvest Investments Inc. raised its position in Capital One Financial by 1.2% during the third quarter. Arvest Investments Inc. now owns 6,513 shares of the financial services provider’s stock valued at $975,000 after acquiring an additional 75 shares in the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of the business’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the sale, the insider now owns 26,482 shares in the company, valued at approximately $5,038,465.32. The trade was a 28.47 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Kara West sold 721 shares of the firm’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $184.73, for a total value of $133,190.33. Following the completion of the transaction, the insider now owns 12,929 shares of the company’s stock, valued at approximately $2,388,374.17. The trade was a 5.28 % 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 three months. Corporate insiders own 1.30% of the company’s stock.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, November 14th will be given a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.31%. The ex-dividend date of this dividend is Thursday, November 14th. Capital One Financial’s payout ratio is currently 22.66%.

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.