Hsbc Global Res Has Positive Outlook of DFS FY2025 Earnings

Discover Financial Services (NYSE:DFS - Free Report) - Hsbc Global Res upped their FY2025 earnings per share (EPS) estimates for shares of Discover Financial Services in a report released on Monday, May 5th. Hsbc Global Res analyst S. Martinez now anticipates that the financial services provider will post earnings per share of $13.76 for the year, up from their previous forecast of $13.20. The consensus estimate for Discover Financial Services' current full-year earnings is $13.88 per share. Hsbc Global Res also issued estimates for Discover Financial Services' Q1 2026 earnings at $3.48 EPS, Q2 2026 earnings at $3.76 EPS, Q3 2026 earnings at $3.95 EPS, Q4 2026 earnings at $3.83 EPS and FY2027 earnings at $17.81 EPS.

Discover Financial Services (NYSE:DFS - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The financial services provider reported $4.25 EPS for the quarter, beating the consensus estimate of $3.33 by $0.92. Discover Financial Services had a net margin of 17.29% and a return on equity of 26.18%. The company had revenue of $4.25 billion during the quarter, compared to analysts' expectations of $4.25 billion. During the same quarter in the previous year, the company earned $1.10 earnings per share.

Several other analysts have also recently weighed in on DFS. Royal Bank of Canada raised their price target on Discover Financial Services from $193.00 to $210.00 and gave the company a "sector perform" rating in a report on Friday, January 24th. Truist Financial raised their price objective on shares of Discover Financial Services from $219.00 to $229.00 and gave the company a "buy" rating in a research report on Friday, April 25th. Argus raised Discover Financial Services to a "strong-buy" rating in a research note on Friday, April 25th. Jefferies Financial Group reaffirmed a "hold" rating and set a $180.00 price target on shares of Discover Financial Services in a research note on Wednesday. Finally, Barclays raised their price objective on Discover Financial Services from $186.00 to $209.00 and gave the company an "overweight" rating in a report on Friday, January 24th. Eight analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $191.64.

Discover Financial Services Trading Up 0.7 %

Discover Financial Services stock opened at $189.35 on Thursday. The stock has a market cap of $47.65 billion, a P/E ratio of 11.86, a PEG ratio of 1.51 and a beta of 1.16. Discover Financial Services has a fifty-two week low of $119.95 and a fifty-two week high of $205.76. The firm's fifty day moving average price is $168.63 and its 200-day moving average price is $175.84. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.03 and a current ratio of 1.09.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in shares of Discover Financial Services by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 31,045,208 shares of the financial services provider's stock worth $5,377,961,000 after acquiring an additional 290,937 shares in the last quarter. FMR LLC grew its position in shares of Discover Financial Services by 0.8% in the 4th quarter. FMR LLC now owns 7,553,016 shares of the financial services provider's stock worth $1,308,409,000 after buying an additional 59,154 shares during the period. Geode Capital Management LLC lifted its position in Discover Financial Services by 2.7% during the 4th quarter. Geode Capital Management LLC now owns 6,240,451 shares of the financial services provider's stock valued at $1,082,826,000 after acquiring an additional 165,589 shares during the period. Norges Bank bought a new stake in Discover Financial Services during the fourth quarter worth about $724,720,000. Finally, Invesco Ltd. boosted its position in shares of Discover Financial Services by 38.5% in the 4th quarter. Invesco Ltd. now owns 2,974,471 shares of the financial services provider's stock worth $515,268,000 after purchasing an additional 826,287 shares in the last quarter. 86.94% of the stock is currently owned by institutional investors.

Discover Financial Services Company Profile

Discover Financial Services, through its subsidiaries, provides digital banking products and services, and payment services in the United States. It operates in two segments, Digital Banking and Payment Services. The Digital Banking segment offers Discover-branded credit cards to individuals; personal loans, home loans, and other consumer lending; and direct-to-consumer deposit products comprising savings accounts, certificates of deposit, money market accounts, IRA certificates of deposit, IRA savings accounts and checking accounts, and sweep accounts.

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