Factors Likely to Have Influenced Earnings Results Capital One Financial (NYSE:COF)

Earnings results for Capital One Financial (NYSE:COF)

Capital One Financial Corporation is expected* to report earnings on 07/22/2021 after market close. The report will be for the fiscal Quarter ending Jun 2021. According to Zacks Investment Research, based on 8 analysts’ forecasts, the consensus EPS forecast for the quarter is $4.78. The reported EPS for the same quarter last year was $-1.6099999999999999.

Capital One Financial last announced its earnings data on April 27th, 2021. The financial services provider reported $7.03 earnings per share for the quarter, beating the consensus estimate of $4.17 by $2.86. The company earned $7.11 billion during the quarter, compared to analyst estimates of $7.02 billion. Its revenue was down 1.9% on a year-over-year basis. Capital One Financial has generated $5.79 earnings per share over the last year and currently has a price-to-earnings ratio of 10.7. Capital One Financial has confirmed that its next quarterly earnings report will be published on Thursday, July 22nd, 2021. Capital One Financial will be holding an earnings conference call on Thursday, July 22nd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Analyst Opinion on Capital One Financial (NYSE:COF)

16 Wall Street analysts have issued ratings and price targets for Capital One Financial in the last 12 months. Their average twelve-month price target is $154.86, predicting that the stock has a possible downside of 5.12%. The high price target for COF is $192.00 and the low price target for COF is $102.00. There are currently 4 hold ratings and 12 buy ratings for the stock, resulting in a consensus rating of “Buy.” Capital One Financial also publishes sell-side equities research reports and recommendations about other companies, which can be viewed at this link.

Capital One Financial has received a consensus rating of Buy. The company’s average rating score is 2.75, and is based on 12 buy ratings, 4 hold ratings, and no sell ratings. According to analysts’ consensus price target of $154.86, Capital One Financial has a forecasted downside of 5.1% from its current price of $163.21. Capital One Financial has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Capital One Financial (NYSE:COF)

Capital One Financial has a dividend yield of 1.01%, which is in the bottom 25% of all stocks that pay dividends. Capital One Financial has only been increasing its dividend for 1 years. The dividend payout ratio of Capital One Financial is 27.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Capital One Financial will have a dividend payout ratio of 9.93% next year. This indicates that Capital One Financial will be able to sustain or increase its dividend.

Insiders buying/selling: Capital One Financial (NYSE:COF)

In the past three months, Capital One Financial insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $9,889,341.00 in company stock. Only 1.31% of the stock of Capital One Financial is held by insiders. 90.02% of the stock of Capital One Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Capital One Financial (NYSE:COF

Earnings for Capital One Financial are expected to decrease by -19.00% in the coming year, from $19.89 to $16.11 per share. The P/E ratio of Capital One Financial is 10.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 22.51. The P/E ratio of Capital One Financial is 10.72, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.79. Capital One Financial has a PEG Ratio of 0.36. PEG Ratios below 1 indicate that a company could be undervalued. Capital One Financial has a P/B Ratio of 1.24. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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