Today: The Q3 2017 EPS Estimates for Capital One Financial Corp. (COF) Upgraded by Wedbush

The Q3 2017 EPS Estimates for Capital One Financial Corp. (COF) Upgraded by Wedbush

Capital One Financial Corp. (NYSE:COF) – Research analysts at Wedbush upped their Q3 2017 EPS estimates for shares of Capital One Financial Corp. in a report released on Wednesday. Wedbush analyst H. Coffey now forecasts that the brokerage will post earnings per share of $2.52 for the quarter, up from their previous estimate of $2.06. Wedbush currently has a “Neutral” rating and a $78.00 target price on the stock. Wedbush also issued estimates for Capital One Financial Corp.’s Q4 2017 earnings at $1.56 EPS.

Capital One Financial Corp. (NYSE:COF) last released its quarterly earnings data on Tuesday, October 25th. The financial services provider reported $2.03 EPS for the quarter, beating analysts’ consensus estimates 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 had revenue of $6.46 billion for the quarter, compared to analysts’ expectations of $432.47 million. During the same period in the prior year, the firm posted $2.10 earnings per share. The firm’s quarterly revenue was up 9.5% on a year-over-year basis.

A number of other research analysts have also recently issued reports on the stock. Jefferies Group reaffirmed a “hold” rating and issued a $69.00 target price on shares of Capital One Financial Corp. in a report on Friday. Barclays PLC reaffirmed an “overweight” rating and issued a $80.00 target price on shares of Capital One Financial Corp. in a report on Wednesday, October 12th. Credit Agricole SA set a $86.00 target price on shares of Capital One Financial Corp. and gave the company a “buy” rating in a report on Tuesday, October 4th. Oppenheimer Holdings Inc. set a $59.00 target price on shares of Capital One Financial Corp. and gave the company a “sell” rating in a report on Tuesday, October 4th. Finally, Nomura reaffirmed a “neutral” rating and issued a $72.00 target price on shares of Capital One Financial Corp. in a report on Wednesday, October 5th. Four investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and fourteen have issued a buy rating to the company’s stock. Capital One Financial Corp. has a consensus rating of “Hold” and an average target price of $78.98.

Capital One Financial Corp. (NYSE:COF) opened at 74.63 on Friday. The firm has a market capitalization of $37.40 billion, a PE ratio of 10.66 and a beta of 1.28. The company has a 50-day moving average price of $72.43 and a 200-day moving average price of $69.79. Capital One Financial Corp. has a 12-month low of $58.03 and a 12-month high of $81.62.

A number of large investors have recently added to or reduced their stakes in the company. Advisory Services Network LLC increased its stake in Capital One Financial Corp. by 0.3% in the second quarter. Advisory Services Network LLC now owns 8,425 shares of the financial services provider’s stock valued at $535,000 after buying an additional 22 shares during the period. Savant Capital LLC increased its stake in Capital One Financial Corp. by 0.9% in the second quarter. Savant Capital LLC now owns 3,480 shares of the financial services provider’s stock valued at $221,000 after buying an additional 31 shares during the period. Krasney Financial LLC increased its stake in Capital One Financial Corp. by 0.5% in the second quarter. Krasney Financial LLC now owns 7,754 shares of the financial services provider’s stock valued at $492,000 after buying an additional 40 shares during the period. Pitcairn Co. increased its stake in Capital One Financial Corp. by 1.0% in the second quarter. Pitcairn Co. now owns 4,863 shares of the financial services provider’s stock valued at $308,000 after buying an additional 46 shares during the period. Finally, Tompkins Financial Corp increased its stake in Capital One Financial Corp. by 0.4% in the second quarter. Tompkins Financial Corp now owns 13,482 shares of the financial services provider’s stock valued at $856,000 after buying an additional 54 shares during the period. 88.12% of the stock is currently owned by hedge funds and other institutional investors.

Capital One Financial Corp. Company Profile

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