Stock Update: Capital One Financial Corporation (NYSE:COF) – Tom Killalea to Join the Capital One Board of Directors

[PR Newswire] – MCLEAN, Va., Feb. 26, 2016 /PRNewswire/ — Capital One Financial Corporation (COF) today announced that Tom Killalea has been appointed to the company’s Board of Directors. An experienced technological innovator, and the former Chief Information Security Officer at Amazon.com, Inc., Mr. Killalea will fill a newly created seat on the Board and will stand for election by Capital One shareholders in May 2016. “Tom brings deep technology expertise along with a proven focus on security, digital innovation, and customer experience, and I am extremely pleased to welcome him to Capital One,” said Richard D. Fairbank, Chairman and Chief Executive Officer of Capital One. Read more on this. Capital One Financial Corporation (COF) , with a current market cap of $36.00B, began trading this morning at $66.73. Shares have traded today between $66.64 and $68.19 per share with a trailing 52-week range being $58.49 to $92.10. Priced at 8.47x this year’s forecasted earnings, COF shares are relatively inexpensive compared to the industry ’s 10.74x forward p/e ratio. The company pays shareholders $1.60 per share annually in dividends, yielding 2.36%. Consensus earnings for the current quarter by the 25 sell-side analysts covering the stock is an estimate of $1.96 per share, which would be $0.04 worse than the year-ago quarter and a $0.00 sequential decrease. Investors should also note that the full-year EPS estimate of $7.72 is a $0.65 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $6.15 Billion. If realized, that would be a 8.85% increase over the year-ago quarter. In terms of ratings, BofA/Merrill downgraded COF from Buy to Neutral (Feb 11, 2016). Previously, DA Davidson Initiated COF at to Neutral. The average price target for COF shares by the analysts covering the stock is $81.04, which is 21.44% above where the stock opened this morning. See more in (NYSE:COF) Similar Articles: Company Update (NYSE:COF): Capital One’s Board of Directors Authorizes the Repurchase of up to an Additional $300 Million of Shares of Common Stock Market Update: Capital One Financial Corporation (NYSE:COF) – Capital One Reports Fourth Quarter 2015 Net Income of $920 million, or $1.58 per share Company Update: Capital One Financial Corporation (NYSE:COF) – University of Illinois, Capital One Celebrate the Opening of the Illinois Digital Campus Lab at Research Park