Market Update: Capital One Financial Corporation (NYSE:COF) – Capital One Investing Advisor Connect Offers Unbiased Investment Advice Nationwide

[PR Newswire] – MCLEAN, Va., June 17, 2016 /PRNewswire/ — Capital One Investing, a full service brokerage offering a range of investment solutions including advised and self-directed digital accounts, today announced the launch of Capital One Investing Advisor Connect, providing customers across the country access to unbiased advice and a new set of managed portfolios. Through Advisor Connect, Capital One Investing offers a dynamic and flexible investing experience. There are no proprietary funds, and financial advisors are not compensated based on the products they sell – helping to ensure customers receive personalized advice designed to help them reach their individual goals. Read more on this. Capital One Financial Corporation (COF) , with a current market cap of $32.74B, started trading this morning at $64.29. During today’s session, COF traded between $63.81 to $64.80 with its 52-week range being $58.49 to $92.10. Capital One (COF) shares are currently priced at 8.52x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 10.76x earnings multiple for the same period. And for those looking to make a return holding the stock, the company pays shareholders $1.60 per share annually in dividends, yielding 2.32%. According to a consensus of 25 analysts, the earnings estimate of $1.89 per share would be $0.39 better than the year-ago quarter and a $0.01 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $7.54 would be a $0.47 better when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $6.28 Billion. If reported, that would be a 10.76% increase over the year-ago quarter. Recently, Sterne Agee CRT downgraded COF from Neutral to Underperform (Jun 8, 2016). Previously, Guggenheim upgraded COF from Sell to Neutral. When considering if perhaps the stock is under or overvalued, the average price target is $82.06, which is 27.64% above where the stock opened this morning. See more in (NYSE:COF) Similar Articles: Market Update: BB&T Corporation (NYSE:BBT) – BB&T Corporation COO to speak at RBC Capital Markets Financial Institutions Conference Stock Update: Capital One Financial Corporation (NYSE:COF) – Tom Killalea to Join the Capital One Board of Directors Market Update: Capital One Financial Corporation (NYSE:COF) – Capital One Reports Fourth Quarter 2015 Net Income of $920 million, or $1.58 per share