Stock Update: Capital One Financial Corporation (NYSE:COF) – Capital One Financial Corporation to Webcast Conference Call on Second Quarter 2016 Earnings

[PR Newswire] – MCLEAN, Va., July 1, 2016 /PRNewswire/ — On Thursday, July 21, 2016, at approximately 4:05 p.m. Eastern Time, Capital One Financial Corporation (COF) will release its Second Quarter 2016 earnings results. Capital One Financial Corporation (www.capitalone.com) is a financial holding company whose subsidiaries, which include Capital One, N.A., and Capital One Bank (USA), N.A., had $221.8 billion in deposits and $330.3 billion in total assets as of March 31, 2016. Capital One, N.A. has branches located primarily in New York, New Jersey, Texas, Louisiana, Maryland, Virginia and the District of Columbia. Read more on this. Capital One Financial Corporation (COF) , valued at $32.20B, started trading this morning at $63.48. Looking at today’s trading action, the company’s one day range from $62.73 to $63.55 with the price of the stock fluctuating between $58.03 to $92.10 over the last 52 weeks. COF shares are currently priced at 8.42x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 10.44x forward p/e ratio. And for income investors, the company pays shareholders $1.60 per share annually in dividends, yielding 2.68%. In a review of the consensus earnings estimate this quarter, 25 sell-side analysts are looking at $1.89 per share, which would be $0.39 better than the year-ago quarter and a $0.01 sequential decrease. The full-year EPS estimate is $7.54, which would be a $0.47 better than last year. 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 the stock is under or overvalued, the average price target is $82.13, which is 29.38% above where the stock opened this morning. See more in (NYSE:COF) Similar Articles: Company Update: State Street Corporation (NYSE:STT) – State Street Corporation Announces Date for Release of Second-Quarter 2016 Financial Results and Conference Call Webcast 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