The Q1 2017 Earnings Estimate for Capital One Financial Corp. Issued By Jefferies Group (COF)

The Q1 2017 Earnings Estimate for Capital One Financial Corp. Issued By Jefferies Group (COF)

Capital One Financial Corp. (NYSE:COF) – Analysts at Jefferies Group upped their Q1 2017 earnings per share estimates for Capital One Financial Corp. in a note issued to investors on Wednesday. Jefferies Group analyst J. Hecht now forecasts that the firm will post earnings per share of $2.18 for the quarter, up from their previous forecast of $2.08. Jefferies Group currently has a “Hold” rating and a $69.00 price target on the stock. Jefferies Group also issued estimates for Capital One Financial Corp.’s Q4 2017 earnings at $1.45 EPS.

Capital One Financial Corp. (NYSE:COF) last released its earnings results on Tuesday, October 25th. The financial services provider reported $2.03 earnings per share for the quarter, topping the consensus estimate of $1.94 by $0.09. Capital One Financial Corp. had a return on equity of 8.44% and a net margin of 14.37%. The firm earned $6.46 billion during the quarter, compared to analysts’ expectations of $432.47 million. During the same period in the prior year, the company earned $2.10 earnings per share. The company’s quarterly revenue was up 9.5% on a year-over-year basis.

Other equities research analysts have also issued research reports about the stock. BMO Capital Markets restated a “buy” rating and set a $108.00 price target on shares of Capital One Financial Corp. in a research note on Tuesday, July 5th. DA Davidson upgraded shares of Capital One Financial Corp. from a “neutral” rating to a “buy” rating and set a $76.00 price target for the company in a research note on Friday, July 8th. They noted that the move was a valuation call. Morgan Stanley restated a “buy” rating and set a $83.00 price target on shares of Capital One Financial Corp. in a research note on Wednesday, August 17th. Credit Agricole SA raised their price target on shares of Capital One Financial Corp. from $83.00 to $86.00 and gave the stock a “buy” rating in a research note on Friday, September 23rd. Finally, Rafferty Capital Markets lowered shares of Capital One Financial Corp. from a “buy” rating to a “hold” rating in a research note on Monday, July 25th. Four equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and fourteen have issued a buy rating to the company’s stock. Capital One Financial Corp. presently has an average rating of “Hold” and a consensus target price of $78.98.

Shares of Capital One Financial Corp. (NYSE:COF) opened at 74.63 on Friday. Capital One Financial Corp. has a 1-year low of $58.03 and a 1-year high of $81.62. The firm’s 50-day moving average price is $72.43 and its 200 day moving average price is $69.79. The company has a market capitalization of $37.40 billion, a PE ratio of 10.66 and a beta of 1.28.

Several hedge funds have recently bought and sold shares of COF. Schonfeld Strategic Advisors LLC acquired a new stake in Capital One Financial Corp. during the first quarter valued at $245,000. Jacobs Levy Equity Management Inc. increased its stake in Capital One Financial Corp. by 68.5% in the first quarter. Jacobs Levy Equity Management Inc. now owns 34,680 shares of the financial services provider’s stock valued at $2,404,000 after buying an additional 14,100 shares in the last quarter. Legal & General Group Plc increased its stake in Capital One Financial Corp. by 2.1% in the first quarter. Legal & General Group Plc now owns 2,269,083 shares of the financial services provider’s stock valued at $157,272,000 after buying an additional 46,149 shares in the last quarter. Zurich Insurance Group Ltd FI increased its stake in Capital One Financial Corp. by 15.4% in the first quarter. Zurich Insurance Group Ltd FI now owns 109,170 shares of the financial services provider’s stock valued at $7,567,000 after buying an additional 14,565 shares in the last quarter. Finally, Edgar Lomax Co. VA increased its stake in Capital One Financial Corp. by 14.8% in the first quarter. Edgar Lomax Co. VA now owns 206,100 shares of the financial services provider’s stock valued at $14,285,000 after buying an additional 26,600 shares in the last quarter. 88.12% of the stock is owned by institutional investors.

Capital One Financial Corp. Company Profile

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