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S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
3 Blue Chip Safe Havens to Shield Your Portfolio
Would Buffett Approve of This Growth Strategy? (Ad)
Buy The World’s Largest IT Infrastructure Provider For Under $20
3 Stocks That Flourish In The Fall
An Unusual Way to Invest in Gold (Ad)
Stock market today: Wall Street inches lower hinting that sustained market sell-off may continue
Oil prices have risen. That's making gas more expensive for US drivers and helping Russia's war
An Unusual Way to Invest in Gold (Ad)
META's Outperformance Last Week Points to Imminent Breakout
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
3 Blue Chip Safe Havens to Shield Your Portfolio
Would Buffett Approve of This Growth Strategy? (Ad)
Buy The World’s Largest IT Infrastructure Provider For Under $20
3 Stocks That Flourish In The Fall
An Unusual Way to Invest in Gold (Ad)
Stock market today: Wall Street inches lower hinting that sustained market sell-off may continue
Oil prices have risen. That's making gas more expensive for US drivers and helping Russia's war
An Unusual Way to Invest in Gold (Ad)
META's Outperformance Last Week Points to Imminent Breakout
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
3 Blue Chip Safe Havens to Shield Your Portfolio
Would Buffett Approve of This Growth Strategy? (Ad)
Buy The World’s Largest IT Infrastructure Provider For Under $20
3 Stocks That Flourish In The Fall
An Unusual Way to Invest in Gold (Ad)
Stock market today: Wall Street inches lower hinting that sustained market sell-off may continue
Oil prices have risen. That's making gas more expensive for US drivers and helping Russia's war
An Unusual Way to Invest in Gold (Ad)
META's Outperformance Last Week Points to Imminent Breakout
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
NYSE:DFS

Discover Financial Services (DFS) Stock Forecast, Price & News

$87.19
-0.36 (-0.41%)
(As of 09/22/2023 08:51 PM ET)
Compare
Today's Range
$87.04
$88.05
50-Day Range
$87.19
$121.85
52-Week Range
$87.04
$122.50
Volume
1.27 million shs
Average Volume
2.35 million shs
Market Capitalization
$21.79 billion
P/E Ratio
6.04
Dividend Yield
3.21%
Price Target
$113.13

Discover Financial Services MarketRank™ Forecast

Analyst Rating
Hold
2.29 Rating Score
Upside/​Downside
29.8% Upside
$113.13 Price Target
Short Interest
Healthy
1.54% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.24
Upright™ Environmental Score
News Sentiment
0.92mentions of Discover Financial Services in the last 14 days
Based on 15 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
1.62%
From $12.95 to $13.16 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.42 out of 5 stars

Financial Services Sector

1st out of 30 stocks

Credit Services Industry

1st out of 4 stocks


DFS stock logo

About Discover Financial Services (NYSE:DFS) Stock

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; private student loans, 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. The Payment Services segment operates the PULSE, an automated teller machine, debit, and electronic funds transfer network; and Diners Club International, a payments network that issues Diners Club branded charge cards and/or provides card acceptance services, as well as offers payment transaction processing and settlement services. The company was incorporated in 1960 and is based in Riverwoods, Illinois.

DFS Price History

DFS Stock News Headlines

5 Best Fintech Banks to Invest in Now (DFS)
Online banks combine finance and technology. Should you invest in these digital assets? Learn more about the best fintech banks to invest in now.
PayPal Is Your Chance To Prove You're A True Value Investor (DFS)
PayPal is the perfect opportunity for value investors to prove their worthy strategies, filled with upside potential, analysts are betting on a bright future
An Unusual Way to Invest in Gold
Most financial experts recommend including gold in your investment mix to protect against rising prices and keep wealth secure. Investors are discovering a little-known way to benefit from gold, which offers the chance to gain from higher gold prices and mining successes while avoiding the costs of operating mines.
3 Names to Benefit From Growth in Electronic Payments
Would Buffett Approve of This Growth Strategy?
Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.
Discover Financial Is An Attractive, Yet Risky Play
Will Discover Financial (DFS) Divest its Student-Loan Unit?
Discover Considers Possible Sale of Its Student-Loan Arm
See More Headlines
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DFS Company Calendar

Last Earnings
7/20/2023
Ex-Dividend for 9/7 Dividend
8/23/2023
Dividend Payable
9/07/2023
Today
9/25/2023
Next Earnings (Estimated)
10/23/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Credit Services
Sub-Industry
Consumer Finance
CUSIP
25470910
Employees
20,200
Year Founded
1985

Price Target and Rating

Average Stock Price Forecast
$113.13
High Stock Price Forecast
$135.00
Low Stock Price Forecast
$99.00
Forecasted Upside/Downside
+29.8%
Consensus Rating
Hold
Rating Score (0-4)
2.29
Research Coverage
14 Analysts

Profitability

Net Income
$4.39 billion
Pretax Margin
28.13%

Debt

Sales & Book Value

Annual Sales
$15.20 billion
Cash Flow
$16.80 per share
Book Value
$49.53 per share

Miscellaneous

Free Float
248,223,000
Market Cap
$21.79 billion
Optionable
Optionable
Beta
1.44

Social Links

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Key Executives

  • Mr. John B. Owen (Age 62)
    Independent Interim CEO & Pres and Director
    Comp: $72.92k
  • Mr. John Thomas Greene (Age 57)
    Exec. VP & CFO
    Comp: $2.25M
  • Mr. Roger Crosby Hochschild (Age 58)
    Adviser
    Comp: $2.64M
  • Mr. Daniel Peter CapozziMr. Daniel Peter Capozzi (Age 51)
    Exec. VP & Pres of Consumer Banking
    Comp: $2.32M
  • Ms. Shifra  KolskyMs. Shifra Kolsky
    Chief Accounting Officer, Sr. VP & Controller
  • Mr. Jason Strle
    Exec. VP & Chief Information Officer
  • Mr. R. Andrew EichfeldMr. R. Andrew Eichfeld (Age 53)
    Exec. VP and Chief HR & Admin. Officer
  • Mr. Eric Edmund Wasserstrom
    Head of Investor Relations
  • Ms. Hope D. Mehlman (Age 58)
    Exec. VP, Chief Legal Officer, Gen. Counsel & Sec.
  • Ms. Leslie Sutton
    VP of Corp. Communications













DFS Stock - Frequently Asked Questions

Should I buy or sell Discover Financial Services stock right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Discover Financial Services in the last twelve months. There are currently 10 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" DFS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DFS, but not buy additional shares or sell existing shares.
View DFS analyst ratings
or view top-rated stocks.

What is Discover Financial Services' stock price forecast for 2023?

14 brokers have issued 12-month price objectives for Discover Financial Services' stock. Their DFS share price forecasts range from $99.00 to $135.00. On average, they anticipate the company's stock price to reach $113.13 in the next year. This suggests a possible upside of 29.8% from the stock's current price.
View analysts price targets for DFS
or view top-rated stocks among Wall Street analysts.

How have DFS shares performed in 2023?

Discover Financial Services' stock was trading at $97.83 at the start of the year. Since then, DFS stock has decreased by 10.9% and is now trading at $87.19.
View the best growth stocks for 2023 here
.

Are investors shorting Discover Financial Services?

Discover Financial Services saw a decrease in short interest in August. As of August 31st, there was short interest totaling 3,830,000 shares, a decrease of 24.2% from the August 15th total of 5,050,000 shares. Based on an average daily trading volume, of 2,490,000 shares, the short-interest ratio is currently 1.5 days. Approximately 1.5% of the shares of the company are short sold.
View Discover Financial Services' Short Interest
.

When is Discover Financial Services' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, October 23rd 2023.
View our DFS earnings forecast
.

How were Discover Financial Services' earnings last quarter?

Discover Financial Services (NYSE:DFS) issued its quarterly earnings results on Thursday, July, 20th. The financial services provider reported $3.54 earnings per share for the quarter, missing the consensus estimate of $3.70 by $0.16. The financial services provider had revenue of $3.88 billion for the quarter, compared to the consensus estimate of $3.88 billion. Discover Financial Services had a trailing twelve-month return on equity of 29.65% and a net margin of 21.51%. Discover Financial Services's revenue was up 20.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.96 earnings per share.
Read the conference call transcript
.

How often does Discover Financial Services pay dividends? What is the dividend yield for Discover Financial Services?

Discover Financial Services declared a quarterly dividend on Wednesday, July 19th. Investors of record on Thursday, August 24th will be given a dividend of $0.70 per share on Thursday, September 7th. This represents a $2.80 annualized dividend and a dividend yield of 3.21%. The ex-dividend date is Wednesday, August 23rd.
Read our dividend analysis for DFS
.

Is Discover Financial Services a good dividend stock?

Discover Financial Services (NYSE:DFS) pays an annual dividend of $2.80 per share and currently has a dividend yield of 3.21%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 19.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DFS will have a dividend payout ratio of 21.28% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DFS.

How will Discover Financial Services' stock buyback program work?

Discover Financial Services declared that its Board of Directors has initiated a share buyback program on Wednesday, April 19th 2023, which allows the company to repurchase $2,700,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 9.8% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's management believes its shares are undervalued.

What is Roger Hochschild's approval rating as Discover Financial Services' CEO?

291 employees have rated Discover Financial Services Chief Executive Officer Roger Hochschild on Glassdoor.com. Roger Hochschild has an approval rating of 86% among the company's employees.

What other stocks do shareholders of Discover Financial Services own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Discover Financial Services investors own include AT&T (T), Intel (INTC), JPMorgan Chase & Co. (JPM), AbbVie (ABBV), CVS Health (CVS), Bank of America (BAC), Cisco Systems (CSCO), Walt Disney (DIS), Verizon Communications (VZ) and Visa (V).

What is Discover Financial Services' stock symbol?

Discover Financial Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "DFS."

Who are Discover Financial Services' major shareholders?

Discover Financial Services' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Capital World Investors (8.45%), BlackRock Inc. (7.22%), State Street Corp (4.26%), Boston Partners (2.20%), Geode Capital Management LLC (2.18%) and Capital Research Global Investors (1.70%). Insiders that own company stock include Brian Hughes, Carlos Minetti, Cynthia A Glassman, Daniel Peter Capozzi, Diane E Offereins, John Greene, Mary K Bush, Michael H Moskow, Robert Andrew Eichfeld, Shifra Kolsky and Wanjiku Juanita Walcott.
View institutional ownership trends
.

How do I buy shares of Discover Financial Services?

Shares of DFS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Discover Financial Services' stock price today?

One share of DFS stock can currently be purchased for approximately $87.19.

How much money does Discover Financial Services make?

Discover Financial Services (NYSE:DFS) has a market capitalization of $21.79 billion and generates $15.20 billion in revenue each year. The financial services provider earns $4.39 billion in net income (profit) each year or $14.43 on an earnings per share basis.

How many employees does Discover Financial Services have?

The company employs 20,200 workers across the globe.

Does Discover Financial Services have any subsidiaries?
The following companies are subsidiares of Discover Financial Services: DFS Corporate Services LLC, DFS GSD Corp., DFS International Inc., DFS Services LLC, Diners Club International, Diners Club International Ltd., Diners Club Services Private Limited, Diners Club Taiwan Ltd., Discover Bank, Discover Financial Services (Canada) Inc., Discover Financial Services (Hong Kong) Limited, Discover Financial Services (UK) Limited, Discover Funding LLC, Discover Global Employment Company Private Limited, Discover Home Loans Inc., Discover Information Technology (Shanghai) Limited, Discover Products Inc., Discover Properties LLC, Discover Services Corporation, First National Bank Alaska, GTC Insurance Agency Inc., Home Loan Center, PULSE Network LLC, Student Loan Corporation, and The Student Loan Corporation.
Read More
How can I contact Discover Financial Services?

Discover Financial Services' mailing address is 2500 Lake Cook Road, Riverwoods IL, 60015. The official website for the company is www.discover.com. The financial services provider can be reached via phone at (224) 405-0900, via email at investorrelations@discover.com, or via fax at 224-405-4993.

This page (NYSE:DFS) was last updated on 9/25/2023 by MarketBeat.com Staff

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