Capital One Financial (COF) Stock Surges Amid Strong Earnings

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Jan 22, 2025
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Capital One Financial (COF, Financial) experienced a notable stock price increase of 3.59%, reaching $200.14 per share. Trading volume was reported at 3.9136 million shares, with a turnover rate of 1.03% and a price fluctuation of 2.41%.

Recent financial results revealed an operating revenue of $53.938 billion and a net profit of $4.67 billion, equating to an earnings per share of $11.61. The price-to-earnings ratio stands at 17.25. Among the 23 institutions that rated the stock, 52% recommended buying, while 48% suggested holding, with no sell recommendations.

Within the credit services industry, where Capital One operates, the overall increase was 0.26%. Notable performers in the sector included Santan Technology, United Auto Financial, and Discover Financial. Active stocks with high turnover rates included Oppfi Inc., Sofi Technologies, Inc., and Upstart Holdings, Inc., with turnover rates of 6.23%, 3.34%, and 2.67%, respectively. Stocks with significant price fluctuations included Lm Funding America, Inc., Finance Of America Companies Inc., and Mill City Ventures III, Ltd., with fluctuations of 11.57%, 9.42%, and 8.97%, respectively.

Capital One Financial is a diversified financial services holding company headquartered in McLean, Virginia. It was originally spun off from Signet Financial's credit card division in 1994 and is now primarily engaged in credit card loans, auto loans, and commercial loans.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.