|Bid||104.16 x 1000|
|Ask||104.03 x 800|
|Day's Range||103.01 - 104.47|
|52 Week Range||76.82 - 105.70|
|Beta (5Y Monthly)||1.29|
|PE Ratio (TTM)||9.23|
|Earnings Date||Jan 20, 2020|
|Forward Dividend & Yield||1.60 (1.55%)|
|Ex-Dividend Date||Nov 06, 2019|
|1y Target Est||114.72|
Investor sentiment mixed on banks' Q4 earnings, with the major players displaying top-line strength aided by higher fee income and loan growth, partly muted by margin pressure and elevated expenses.
It would be an understatement to say that pharmaceutical company Novavax Inc. did not have a great 2019. The Gaithersburg company saw its ResVax vaccine for respiratory syncytial virus fall short in yet another late-stage clinical trial — its second such miss in three years — causing its stock price to plummet and, at one point, earning it a delisting threat from Nasdaq. The Food and Drug Administration proceeded to order up another late-stage clinical trial before it would consider ResVax, followed by a similar order by an agency counterpart abroad, the European Medicines Agency.
The managing director and co-founder of Tysons-based investment bank KippsDeSanto & Co. enters the new year excited for the M&A; market and his new home at Capital One.
Capital One (COF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The Morningstar US Financial Services Index has outperformed the Morningstar US Market Index in the fourth quarter, up 9.6% compared with 9.0%, and year to date, up 33% compared with 31% (Exhibit 1) as of Dec. 31. The median North America-based financial-services stock trades at about a 2% premium to its fair value estimate, so we consider the North American financial sector slightly overvalued. This is in contrast to a year ago, when many financial-services stocks were undervalued by more than 15%.
Greater Washington saw one of the biggest losses in number of bank branches in 2019 among major metro areas, according to an analysis by Magnify Money, a brand of LendingTree. The D.C. metro area lost 57 branches, the third most among the top 100 metro areas in the country. The D.C. metro area saw its overall number of bank branches drop by from 1,549 to 1,492, according to FDIC data I wrote about in September, with McLean-based Capital One Financial Corp. (NYSE: COF), Atlanta-based SunTrust Banks Inc. (NYSE: STI) and Winston-Salem, North Carolina-based BB&T Corp. (NYSE: BBT) cutting dozens of branches.
While Capital One (COF) doesn't seem to be worth betting on now, there are a few consumer loan stocks that have strong fundamentals and prospects for 2020.
Rich Fairbank became the CEO of Capital One Financial Corporation (NYSE:COF) in 1994. This analysis aims first to...
The number of Massachusetts residents affected increased significantly even without a singular mega-breach, like the one suffered by Equifax in 2017.
Solid liquidity position and strength in the credit card business will likely aid Capital One (COF). Yet, higher expenses and deteriorating asset quality might hamper financials.
It has been a fantastic year for equity investors as Donald Trump pressured Federal Reserve to reduce interest rates and finalized the first leg of a trade deal with China. If you were a passive index fund investor, you had seen gains of 31% in your equity portfolio in 2019. However, if you were an […]
Bank stocks are likely to gain from favorable developments on several fronts and efforts to diversify revenues globally.
On January 21, 2020, at approximately 4:05 p.m. Eastern Time, Capital One Financial Corporation (NYSE: COF) will release its fourth quarter 2019 earnings results. Additionally, the company will host a conference call at 5:00 p.m. Eastern Time to review financial and operating performance for the quarter ending December 31, 2019.
California Governor Rejects PG&E Restructuring Plan PG&E (NYSE:PCG) wants to restructure after bankruptcy, but California governor Gavin Newsom won’t allow it, at least under current proposals. He says that the monopoly’s proposals do not adequately meet the requirements of a new wildfire law. PG&E has until Tuesday to submit a new plan that Newsom likes. […]The post Market Morning: PG&E Bankruptcy Trouble, Trade Deal, Costco Holiday List, Trump Financial Records appeared first on Market Exclusive.
A large group of D.C.-area employers, including JPMorgan Chase, Amazon.com Inc. (NASDAQ: AMZN) and Capital One Financial Corp. (NYSE: COF), have endorsed an educational framework drawn by the Greater Washington Partnership’s Capital CoLAB to train and grow the region’s tech force.
E*TRADE's (ETFC) move to acquire Gradifi, a provider of student loan benefit, is likely to improve the company's financial capabilities.
Shares of Capital One Financial Corp could climb significantly if investors look beyond its well-known credit card arm to see the bank within it, according to Barron's Dec. 7 edition. "Now, Capital One has more than 520 bank branches, primarily on the East Coast, and almost $250 billion in customer deposits," Barron's said. Capital One shares, which closed at $101.38 on Friday in New York, are priced at about 8.3 times 2020 earnings estimates of $11.93 a share, Barron's said.
Other featured articles discuss a consumer finance stock that looks attractive now and a struggling retailer in need of a miracle. "5 Funds and 5 Stocks to Ride the Small-Caps Rally" by Avi Salzman and John Coumarianos examines why shares of companies with market values of $5 billion or less, such as Darling Ingredients Inc (NYSE: DAR), could thrive if the economy holds up. See why Barron's thinks Capital One Financial Corp. (NYSE: COF) is cheap and looks attractive right now.
President Donald Trump and three of his children asked the Supreme Court on Friday to shield records held by Deutsche Bank and Capital One from House Democrats.
CreditCards.com is out with a new breakdown that matches how Americans spend according to labor statistics data, with some cards offering nice rewards bonuses. Yahoo Finance's Zack Guzman and Brian Cheung break it down with Netflix Co-founder and former CEO Marc Randolph.