Capital One Financial (NYSE:COF) Stock Rating Upgraded by Baird R W

Baird R W upgraded shares of Capital One Financial (NYSE:COF) from a hold rating to a strong-buy rating in a research note issued to investors on Tuesday morning,Zacks.com reports.

COF has been the subject of a number of other research reports. Truist Financial raised their target price on shares of Capital One Financial from $229.00 to $257.00 and gave the company a “buy” rating in a research report on Monday, January 27th. UBS Group raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and raised their target price for the company from $168.00 to $235.00 in a research report on Monday, January 13th. Argus raised shares of Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. Wells Fargo & Company raised their target price on shares of Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research report on Friday, January 3rd. Finally, Bank of America raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and raised their target price for the company from $207.00 to $235.00 in a research report on Wednesday, February 19th. Five research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $206.67.

Capital One Financial Trading Down 2.8 %

COF opened at $165.73 on Tuesday. The firm’s fifty day moving average is $192.54 and its two-hundred day moving average is $174.98. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The firm has a market cap of $63.20 billion, a PE ratio of 14.30, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. Capital One Financial has a twelve month low of $128.23 and a twelve month high of $210.67.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The company had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. During the same quarter in the prior year, the firm earned $2.81 earnings per share. The firm’s revenue was up 7.2% compared to the same quarter last year. Equities research analysts anticipate that Capital One Financial will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.45%. The ex-dividend date was Tuesday, February 18th. Capital One Financial’s dividend payout ratio is presently 20.71%.

Institutional Trading of Capital One Financial

Hedge funds have recently modified their holdings of the stock. Bfsg LLC acquired a new stake in shares of Capital One Financial during the 4th quarter worth about $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Capital One Financial during the 4th quarter worth about $27,000. TruNorth Capital Management LLC acquired a new stake in Capital One Financial in the 4th quarter worth about $29,000. SBI Securities Co. Ltd. acquired a new stake in Capital One Financial in the 4th quarter worth about $32,000. Finally, Decker Retirement Planning Inc. acquired a new stake in Capital One Financial in the 4th quarter worth about $32,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

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.