Market Update (NYSE:COF): Capital One named one of Canada’s Best Workplaces for the third year in a row

[PR Newswire] – TORONTO, April 22, 2016 /CNW/ – Capital One Canada has been named one of Canada’s Best Workplaces for the third year in a row by the Great Place to Work® Institute of Canada. To help associates hone their skills, Capital One® provides extensive workforce training and development courses both externally and through its very own Capital One University program. “At Capital One, we take great pride in creating a culture that fosters innovation, collaboration and the well-being of our associates,” said Shane Holdaway, President of Capital One Canada. Read more on this. Capital One Financial Corporation (COF) , currently valued at $39.15B, opened this morning at $74.50. Today’s price range has been between $74.48 and $75.73 per share and has traded between $58.49 and $92.10 over the past year. Priced at 9.73x this year’s forecasted earnings, COF shares are relatively inexpensive compared to the industry’s 14.02x forward p/e ratio. And for those looking to make a return holding the stock, the company pays shareholders $1.60 per share annually in dividends, yielding 2.20%. According to a consensus of 25 analysts, the earnings estimate of $1.91 per share would be $0.09 worse than the year-ago quarter and a $0.04 sequential decrease. The full-year EPS estimate is $7.68 which would be a $0.61 improvement than last year’s full-year earnings. The quarterly earnings estimate is predicated on a consensus revenue forecast of $6.16 Billion. If reported, that would be a 9.03% increase over the year-ago quarter. More recently, JP Morgan upgraded COF from Neutral to Overweight (Apr 1, 2016). Previously, BofA/Merrill downgraded COF from Buy to Neutral. The average price target for COF shares by the analysts covering the stock is $80.08, which is 7.49% above where the stock opened this morning. See more in (NYSE:COF) Similar Articles: Market Update (NYSE:COF): Capital One Named on the 2016 Fortune 100 Best Companies to Work For® List 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