Market Update: Capital One Financial Corporation (NYSE:COF) – Capital One Reports Fourth Quarter 2015 Net Income of $920 million, or $1.58 per share

[PR Newswire] – MCLEAN, Va., Jan. 26, 2016 /PRNewswire/ — Capital One Financial Corporation (NYSE: COF) today announced net income for the fourth quarter of 2015 of $920 million, or $1.58 per diluted common share, compared … Read more on this. Capital One Financial Corporation (COF) , with a current value of $32.12B, opened at $59.10. Shares have traded today between $59.10 and $60.49 per share with its 52-week range being $58.49 to $92.10. Capital One (COF) shares are currently priced at 8.19x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry ’s 13.27x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $1.60 per share annually in dividends, yielding 2.62%. According to a consensus of 27 analysts, the earnings estimate of $1.61 per share would be $0.12 worse than the year-ago quarter and a $0.06 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $7.16 is a $0.43 worse when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $6.11 Billion. If reported, that would be a 5.16% increase over the year-ago quarter. In terms of ratings, DA Davidson Initiated COF at Neutral (Jan 13, 2016). Previously, Deutsche Bank downgraded COF from Buy to Hold. The average price target for COF shares is $87.79, which is 48.54% above where the stock opened this morning. See more in (NYSE:COF) Similar Articles: Company Update (NYSE:COF): Capital One Reports Third Quarter 2015 Net Income of $1.1 billion, or $1.98 per share Company Update: The Chubb Corporation (NYSE:CB) – Chubb Reports Third Quarter Net Income per Share of $2.60, The Highest for Any Quarter in Chubb’s History; Operating Income per Share Is Up 9% to a Record $2.37; Combined Ratio Is 83.3% Market Update (NYSE:COF): Capital One Financial Corporation to Webcast Conference Call on Third Quarter 2015 Earnings