- Capital One Financial (COF, Financial) shows improvement in key financial metrics, with net charge-offs and delinquency rates both declining.
- Analysts provide a positive outlook with a significant potential upside in stock price targets.
- The stock's GF Value suggests a potential downside, indicating it might be currently overvalued.
Capital One Financial (COF) has reported a positive trend in its credit card metrics for March. The net charge-off rate decreased to 6.09%, a notable improvement from February's 6.35%. Furthermore, the delinquency rate demonstrated a favorable decline, moving from 4.52% in February to 4.25% in March. Additionally, loans held for investment saw growth, reaching $150.3 billion, showcasing the company's strengthening financial position.
Wall Street Analysts Forecast
Analysts have set optimistic one-year price targets for Capital One Financial Corp (COF, Financial), with an average target of $210.02. This is based on assessments from 18 analysts, with high and low estimates ranging from $251.00 to $160.00. The average target suggests a promising upside potential of 23.40% from the current stock price of $170.20. For more intricate details on these estimates, visit the dedicated Capital One Financial Corp (COF) Forecast page.
According to the consensus from 22 brokerage firms, Capital One Financial Corp (COF, Financial) holds an "Outperform" recommendation, with an average rating of 2.0. This ranks it favorably on a scale where 1.0 represents a Strong Buy and 5.0 indicates a Sell.
From a valuation perspective, GuruFocus' estimated GF Value for Capital One Financial Corp (COF, Financial) over the next year stands at $154.42, implying a possible downside of 9.27% from the current stock price of $170.20. This GF Value represents GuruFocus' fair value assessment, derived from historical trading multiples, past business growth metrics, and forward-looking performance projections. Explore the Capital One Financial Corp (COF) Summary page for a deeper dive into these calculations.
