Capital One (NYSE:COF) – Stock analysts at Oppenheimer cut their Q2 2018 earnings per share (EPS) estimates for Capital One in a report released on Tuesday, April 24th. Oppenheimer analyst B. Chittenden now expects that the financial services provider will post earnings of $2.68 per share for the quarter, down from their prior forecast of $2.69. Oppenheimer currently has a “Hold” rating on the stock. Oppenheimer also issued estimates for Capital One’s FY2018 earnings at $10.64 EPS.

Capital One (NYSE:COF) last posted its earnings results on Tuesday, April 24th. The financial services provider reported $2.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.34 by $0.31. Capital One had a net margin of 8.38% and a return on equity of 9.23%. The company had revenue of $6.90 million during the quarter, compared to analysts’ expectations of $6.93 billion. During the same quarter in the previous year, the company posted $1.75 earnings per share. Capital One’s quarterly revenue was up 5.7% compared to the same quarter last year.

Other research analysts have also recently issued research reports about the stock. Credit Suisse Group lifted their target price on shares of Capital One from $106.00 to $110.00 and gave the company a “neutral” rating in a research note on Wednesday, January 24th. Royal Bank of Canada reiterated a “buy” rating and issued a $110.00 target price on shares of Capital One in a research note on Wednesday, January 24th. BMO Capital Markets cut their target price on shares of Capital One from $140.00 to $133.00 and set an “outperform” rating for the company in a research note on Wednesday. They noted that the move was a valuation call. Wells Fargo reiterated an “outperform” rating and issued a $117.00 target price (up previously from $112.00) on shares of Capital One in a research note on Wednesday, January 24th. Finally, Sandler O’Neill set a $113.00 price objective on shares of Capital One and gave the stock a “buy” rating in a research report on Tuesday, April 10th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and eleven have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $109.19.

NYSE:COF opened at $91.72 on Friday. Capital One has a 1 year low of $76.05 and a 1 year high of $106.50. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.02 and a quick ratio of 1.07. The company has a market capitalization of $45,107.99, a PE ratio of 11.77, a PEG ratio of 0.81 and a beta of 1.31.

Institutional investors have recently modified their holdings of the business. BancorpSouth Bank bought a new stake in shares of Capital One during the 4th quarter valued at $3,914,000. Huntington National Bank raised its position in shares of Capital One by 3.8% during the 4th quarter. Huntington National Bank now owns 264,645 shares of the financial services provider’s stock valued at $26,353,000 after acquiring an additional 9,796 shares during the last quarter. Millennium Management LLC raised its position in shares of Capital One by 13.0% during the 4th quarter. Millennium Management LLC now owns 604,327 shares of the financial services provider’s stock valued at $60,179,000 after acquiring an additional 69,642 shares during the last quarter. ETRADE Capital Management LLC raised its position in shares of Capital One by 24.4% during the 4th quarter. ETRADE Capital Management LLC now owns 3,477 shares of the financial services provider’s stock valued at $346,000 after acquiring an additional 682 shares during the last quarter. Finally, Element Capital Management LLC bought a new stake in shares of Capital One during the 4th quarter valued at $23,274,000. Institutional investors own 89.96% of the company’s stock.

In other Capital One news, insider Kleber Santos sold 5,607 shares of the company’s stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $97.74, for a total transaction of $548,028.18. Following the completion of the sale, the insider now owns 15,894 shares in the company, valued at approximately $1,553,479.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider John G. Finneran, Jr. sold 67,892 shares of the company’s stock in a transaction on Monday, January 29th. The shares were sold at an average price of $105.03, for a total transaction of $7,130,696.76. Following the sale, the insider now owns 96,551 shares of the company’s stock, valued at approximately $10,140,751.53. The disclosure for this sale can be found here. Insiders have sold a total of 333,004 shares of company stock valued at $31,919,809 in the last quarter. Corporate insiders own 1.73% of the company’s stock.

About Capital One

Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.

Earnings History and Estimates for Capital One (NYSE:COF)

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