Capital One Financial Corp. (NYSE:COF) – Analysts at William Blair cut their Q3 2018 earnings estimates for Capital One Financial in a research report issued on Wednesday, October 10th. William Blair analyst R. Napoli now anticipates that the financial services provider will post earnings of $2.95 per share for the quarter, down from their prior estimate of $2.97. William Blair also issued estimates for Capital One Financial’s Q4 2018 earnings at $2.34 EPS, FY2018 earnings at $11.15 EPS, Q1 2019 earnings at $2.76 EPS, Q3 2019 earnings at $2.98 EPS, FY2019 earnings at $10.90 EPS and FY2020 earnings at $11.46 EPS.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Thursday, July 19th. The financial services provider reported $3.22 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.63 by $0.59. The firm had revenue of $7.19 billion during the quarter, compared to analyst estimates of $6.95 billion. Capital One Financial had a return on equity of 10.44% and a net margin of 10.73%. The business’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.96 earnings per share.

Other research analysts have also issued research reports about the company. Oppenheimer set a $116.00 price objective on Capital One Financial and gave the company a “buy” rating in a research report on Thursday, July 19th. Zacks Investment Research upgraded Capital One Financial from a “hold” rating to a “buy” rating and set a $109.00 price objective for the company in a research report on Tuesday, July 24th. UBS Group dropped their price target on Capital One Financial from $116.00 to $113.00 and set a “buy” rating for the company in a research report on Tuesday, August 7th. Morgan Stanley lifted their price target on Capital One Financial from $104.00 to $109.00 and gave the stock an “equal weight” rating in a research report on Friday, July 20th. Finally, Wells Fargo & Co lifted their price target on Capital One Financial from $109.00 to $110.00 and gave the stock an “outperform” rating in a research report on Monday, October 1st. Eight analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Capital One Financial currently has a consensus rating of “Buy” and a consensus target price of $111.10.

Shares of Capital One Financial stock opened at $91.63 on Monday. The stock has a market cap of $45.42 billion, a PE ratio of 11.60, a PEG ratio of 0.81 and a beta of 1.29. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.06. Capital One Financial has a twelve month low of $85.17 and a twelve month high of $106.50.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Farmers National Bank bought a new stake in Capital One Financial in the second quarter worth about $102,000. TLP Group LLC bought a new stake in Capital One Financial in the first quarter worth about $103,000. Integrated Investment Consultants LLC bought a new stake in Capital One Financial in the second quarter worth about $108,000. Kaizen Advisory LLC lifted its stake in Capital One Financial by 161.0% in the second quarter. Kaizen Advisory LLC now owns 1,198 shares of the financial services provider’s stock worth $110,000 after purchasing an additional 739 shares during the last quarter. Finally, Sun Life Financial INC lifted its stake in Capital One Financial by 518.3% in the second quarter. Sun Life Financial INC now owns 1,317 shares of the financial services provider’s stock worth $121,000 after purchasing an additional 1,104 shares during the last quarter. 88.29% of the stock is owned by institutional investors and hedge funds.

In other Capital One Financial news, CEO Richard D. Fairbank sold 242,090 shares of the firm’s stock in a transaction dated Tuesday, July 24th. The shares were sold at an average price of $99.33, for a total value of $24,046,799.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Timothy P. Golden sold 4,073 shares of the firm’s stock in a transaction dated Thursday, August 2nd. The stock was sold at an average price of $95.85, for a total transaction of $390,397.05. The disclosure for this sale can be found here. In the last three months, insiders sold 281,726 shares of company stock valued at $27,993,497. 1.40% of the stock is owned by insiders.

Capital One Financial Company Profile

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.

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

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