Banks start reporting Q3 earnings on Friday, but outlooks will take the spotlight
Seeking Alpha News (Wed, 9-Oct 2:01 PM ET)
A Stock Rise in COF has History on Its Side
Market Chameleon (Wed, 9-Oct 7:40 AM ET)
Barclays Sticks to Its Hold Rating for Capital One Financial (COF)
TipRanks (Tue, 8-Oct 4:38 AM ET)
Capital One Financial Corporation to Webcast Conference Call on Third Quarter 2024 Earnings
Business Wire (Thu, 26-Sep 4:05 PM ET)
Capital One Announces Quarterly Dividend
Business Wire (Wed, 31-Jul 6:05 PM ET)
Capital One Reports Second Quarter 2024 Net Income of $597 Million, or $1.38 Per Share
Business Wire (Tue, 23-Jul 4:05 PM ET)
Capital One is a diversified financial services holding company headquartered in McLean, Virginia. Originally a spinoff of Signet Financial's credit card division in 1994, the company is now primarily involved in credit card lending, auto loans, and commercial lending.
Capital One Finl trades on the NYSE stock market under the symbol COF.
As of October 9, 2024, COF stock price climbed to $151.80 with 1,962,549 million shares trading.
COF has a beta of 0.70, meaning it tends to be less sensitive to market movements. COF has a correlation of 0.10 to the broad based SPY ETF.
COF has a market cap of $58.00 billion. This is considered a Large Cap stock.
Last quarter Capital One Finl reported $10 billion in Revenue and $3.14 earnings per share. This fell short of revenue expectation by $-64 million and missed earnings estimates by -$.15.
In the last 3 years, COF traded as high as $174.65 and as low as $83.93.
The top ETF exchange traded funds that COF belongs to (by Net Assets): VTI, VOO, SPY, IVV, VTV.
COF has outperformed the market in the last year with a price return of +64.8% while the SPY ETF gained +36.0%. COF has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +12.2% and +3.0%, respectively, while the SPY returned +4.3% and +1.0%, respectively.
COF support price is $146.63 and resistance is $152.37 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that COF shares will trade within this expected range on the day.