News stories about Capital One Financial (NYSE:COF) have been trending positive this week, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Capital One Financial earned a coverage optimism score of 0.28 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 47.6084679991829 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Capital One Financial to report Q4 results January 23 (nasdaq.com)
- $7.12 Billion in Sales Expected for Capital One Financial Corp. (COF) This Quarter (americanbankingnews.com)
- Short Term Technical Analysis: National Oilwell Varco, Inc. (NOV), Capital One Financial Corporation (COF) – Market Movers (financialqz.com)
- The Bitcoin Bubble Could Be a Billion-Dollar Problem for Banks (finance.yahoo.com)
- Gauging Capital One’s Sensitivity To The Fed’s Planned Rate Hikes (finance.yahoo.com)
Several research firms recently commented on COF. Royal Bank of Canada reissued a “buy” rating and set a $113.00 price objective on shares of Capital One Financial in a research note on Tuesday, January 9th. Wells Fargo & Co reissued an “outperform” rating and set a $112.00 price objective (up previously from $102.00) on shares of Capital One Financial in a research note on Tuesday, January 9th. Piper Jaffray Companies reiterated a “hold” rating on shares of Capital One Financial in a research note on Tuesday, January 9th. Zacks Investment Research upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and set a $111.00 target price on the stock in a research note on Thursday, January 4th. Finally, Robert W. Baird reiterated a “hold” rating and issued a $106.00 target price on shares of Capital One Financial in a research note on Wednesday, January 3rd. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and twelve have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $102.14.
Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, October 24th. The financial services provider reported $2.42 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.27. Capital One Financial had a net margin of 13.34% and a return on equity of 8.25%. The firm had revenue of $6.99 billion during the quarter, compared to analysts’ expectations of $6.81 billion. During the same period in the previous year, the company earned $2.03 earnings per share. The firm’s quarterly revenue was up 8.1% on a year-over-year basis. equities analysts predict that Capital One Financial will post 7.98 earnings per share for the current year.
Capital One Financial declared that its board has authorized a stock repurchase plan on Tuesday, December 26th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the financial services provider to repurchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company’s leadership believes its shares are undervalued.
In other news, Director Bradford H. Warner sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 2nd. The shares were sold at an average price of $99.46, for a total transaction of $298,380.00. Following the completion of the transaction, the director now directly owns 53,085 shares of the company’s stock, valued at $5,279,834.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Michael Slocum sold 8,292 shares of the business’s stock in a transaction that occurred on Friday, November 3rd. The shares were sold at an average price of $91.99, for a total transaction of $762,781.08. Following the transaction, the insider now directly owns 53,613 shares of the company’s stock, valued at $4,931,859.87. The disclosure for this sale can be found here. Insiders have sold 445,368 shares of company stock valued at $43,323,743 over the last three months. 1.73% of the stock is owned by corporate insiders.
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Capital One Financial Company Profile
Capital One Financial Corporation is a diversified financial services holding company. The Company, along with its subsidiaries, offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company’s segments include Credit Card, Consumer Banking, Commercial Banking and Other.
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