Press coverage about Capital One Financial Corporation (NYSE:COF) has trended positive on Monday, according to Accern Sentiment. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Capital One Financial Corporation earned a news sentiment score of 0.30 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 46.6942105454951 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the media headlines that may have impacted Accern’s analysis:
- Capital One Financial Corporation (NYSE:COF) versus VMware, Inc. (NYSE:VMW) Are There Any Catalysts to Propel … - FLBC News (flbcnews.com)
- Capital One Financial Corporation (COF) noted a price change of -0.31% and The Timken Company (TKR) closes with … - Stocks Gallery (stocksgallery.com)
- Zooming in on the Numbers for Capital One Financial Corporation (NYSE:COF) - Jonesboro Recorder (jonesbororecorder.com)
- Critical Survey: Capital One Financial Corporation (COF) & Green Dot Corporation (GDOT) (americanbankingnews.com)
- Trade Signal Alert For Capital One Financial Corp (COF) Shares … - Evergreen Caller (evergreencaller.com)
Capital One Financial Corporation (NYSE:COF) traded up 1.76% during trading on Monday, hitting $84.26. The stock had a trading volume of 1,782,713 shares. The stock’s 50 day moving average price is $83.62 and its 200 day moving average price is $84.51. The firm has a market cap of $40.78 billion, a P/E ratio of 12.29 and a beta of 1.20. Capital One Financial Corporation has a 12-month low of $67.18 and a 12-month high of $96.92.
Capital One Financial Corporation (NYSE:COF) last released its quarterly earnings results on Thursday, July 20th. The financial services provider reported $1.96 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.06. The business had revenue of $6.70 billion for the quarter, compared to analysts’ expectations of $6.68 billion. Capital One Financial Corporation had a return on equity of 7.92% and a net margin of 13.32%. The company’s revenue was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.76 EPS. On average, analysts anticipate that Capital One Financial Corporation will post $7.54 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, August 17th. Investors of record on Monday, August 7th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.90%. The ex-dividend date of this dividend is Thursday, August 3rd. Capital One Financial Corporation’s dividend payout ratio is currently 23.43%.
Capital One Financial Corporation announced that its board has authorized a share repurchase program on Wednesday, June 28th that permits the company to repurchase $1.85 billion in outstanding shares. This repurchase authorization permits the financial services provider to buy up to 4.6% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board of directors believes its stock is undervalued.
Several research firms recently commented on COF. BidaskClub lowered Capital One Financial Corporation from a “sell” rating to a “strong sell” rating in a report on Monday. Compass Point began coverage on Capital One Financial Corporation in a report on Thursday. They set a “neutral” rating and a $90.00 target price on the stock. Zacks Investment Research raised Capital One Financial Corporation from a “sell” rating to a “hold” rating in a report on Thursday, July 27th. Oppenheimer Holdings, Inc. raised Capital One Financial Corporation from an “underperform” rating to a “market perform” rating and set a $82.00 target price on the stock in a report on Friday, July 21st. Finally, BMO Capital Markets reaffirmed a “buy” rating and set a $103.00 target price on shares of Capital One Financial Corporation in a report on Tuesday, June 20th. Three investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $92.76.
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In related news, CEO Richard D. Fairbank sold 367,419 shares of the company’s stock in a transaction that occurred on Wednesday, July 26th. The stock was sold at an average price of $87.02, for a total value of $31,972,801.38. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 1.73% of the company’s stock.
Capital One Financial Corporation Company Profile
Capital One Financial Corporation is a diversified financial services holding company. The Company, along with its subsidiaries, offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company’s segments include Credit Card, Consumer Banking, Commercial Banking and Other.
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