Earnings results for Capital One Financial (NYSE:COF)
Capital One Financial last announced its quarterly earnings results on July 22nd, 2021. The financial services provider reported $7.71 earnings per share for the quarter, beating analysts’ consensus estimates of $4.78 by $2.93. The business earned $7.37 billion during the quarter, compared to analysts’ expectations of $7.13 billion. Its revenue was up 12.5% on a year-over-year basis. Capital One Financial has generated $5.79 earnings per share over the last year ($25.06 diluted earnings per share) and currently has a price-to-earnings ratio of 6.7. Earnings for Capital One Financial are expected to decrease by -27.16% in the coming year, from $24.30 to $17.70 per share. Capital One Financial has confirmed that its next quarterly earnings report will be published on Tuesday, October 26th, 2021. Capital One Financial will be holding an earnings conference call on Tuesday, October 26th at 5:00 PM Eastern. Interested parties can .
Analyst Opinion on Capital One Financial (NYSE:COF)
According to the issued ratings of 19 analysts in the last year, the consensus rating for Capital One Financial stock is Buy based on the current 1 sell rating, 5 hold ratings and 13 buy ratings for COF. The average twelve-month price target for Capital One Financial is $169.16 with a high price target of $212.00 and a low price target of $102.00.
Capital One Financial has received a consensus rating of Buy. The company’s average rating score is 2.63, and is based on 13 buy ratings, 5 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $169.16, Capital One Financial has a forecasted upside of 0.8% from its current price of $167.84. Capital One Financial has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.
Dividend Strength: Capital One Financial (NYSE:COF)
Capital One Financial pays a meaningful dividend of 1.43%, higher than the bottom 25% of all stocks that pay dividends. Capital One Financial has only been increasing its dividend for 2 years. The dividend payout ratio of Capital One Financial is 41.45%. 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 13.56% 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 $49,663,550.00 in company stock. Only 1.31% of the stock of Capital One Financial is held by insiders. 88.51% 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 -27.16% in the coming year, from $24.30 to $17.70 per share. The P/E ratio of Capital One Financial is 6.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.20. The P/E ratio of Capital One Financial is 6.70, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 14.96. Capital One Financial has a PEG Ratio of 0.30. PEG Ratios below 1 indicate that a company could be undervalued. Capital One Financial has a P/B Ratio of 1.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
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