Worth taking a quick glance: Capital One Financial Corporation (NYSE: COF)

On Friday, Capital One Financial Corporation (NYSE: COF) spotted trading -7.24% off 52-week high price. On the other end, the stock has been noted 29.91% away from the low price over the last 52-weeks. The stock changed -2.32% to recent value of $99.8. The stock transacted 2595037 shares during most recent day however it has an average volume of 2098.17K shares. The company has 476.78M of outstanding shares and 461.16M shares were floated in the market.

Capital One Financial Corporation (COF) recently reported that it will redeem all outstanding shares of its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, $0.01 par value per share (“Series B Preferred Stock”), and the corresponding depositary shares representing fractional interests in the Series B Preferred Stock (“Series B Depositary Shares”).

The Series B Depositary Shares (NYSE: COF PRP, CUSIP: 14040H402), each representing a 1/40th interest in a share of Series B Preferred Stock, will be redeemed simultaneously with the redemption of the Series B Preferred Stock at a redemption price of $25 per depositary share (equivalent to $1,000 per share of preferred stock). All 35 mmm outstanding Series B Depositary Shares will be redeemed on the dividend payment date of March 2, 2020.

Regular dividends on the outstanding shares of the Series B Preferred Stock of $15.00 per share (equivalent to $0.375 per Series B Depositary Share) will be paid separately on March 2, 2020 to holders of record as of the close of business on February 14, 2020, in the customary manner. Accordingly, the redemption price for the Series B Preferred Stock will not include any accrued and unpaid dividends. On and after the redemption date, all dividends on the shares of Series B Preferred Stock will cease to accrue.

Its earnings per share (EPS) expected to touch remained 58.90% for this year while earning per share for the next 5-years is expected to reach at 8.00%. COF has a gross margin of # ref and an operating margin of 60.30% while its profit margin remained 19.30% for the last 12 months.   According to the most recent quarter its current ratio was # ref that represents company’s ability to meet its current financial obligations. The price moved ahead of -2.71% from the mean of 20 days, -1.87% from mean of 50 days SMA and performed 6.96% from mean of 200 days price. Company’s performance for the week was -4.31%, -3.02% for month and YTD performance remained -3.02%.

 

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