NYSE:DFS Discover Financial Services (DFS) Stock Forecast, Price & News $113.10 +0.77 (+0.69%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$112.51▼$113.8050-Day Range$92.44▼$113.1052-Week Range$87.64▼$119.91Volume2.98 million shsAverage Volume2.30 million shsMarket Capitalization$28.72 billionP/E Ratio7.62Dividend Yield2.48%Price Target$119.33 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Discover Financial Services MarketRank™ ForecastAnalyst RatingHold2.31 Rating ScoreUpside/Downside5.5% Upside$119.33 Price TargetShort InterestHealthy1.94% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.24Upright™ Environmental ScoreNews Sentiment0.70Based on 22 Articles This WeekInsider TradingN/AProj. Earnings Growth6.52%From $13.34 to $14.21 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.56 out of 5 starsFinance Sector298th out of 836 stocksPersonal Credit Institutions Industry3rd out of 13 stocks 2.2 Analyst's Opinion Consensus RatingDiscover Financial Services has received a consensus rating of Hold. The company's average rating score is 2.31, and is based on 4 buy ratings, 9 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $119.33, Discover Financial Services has a forecasted upside of 5.5% from its current price of $113.10.Amount of Analyst CoverageDiscover Financial Services has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.94% of the float of Discover Financial Services has been sold short.Short Interest Ratio / Days to CoverDiscover Financial Services has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Discover Financial Services has recently increased by 17.75%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldDiscover Financial Services pays a meaningful dividend of 2.57%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthDiscover Financial Services has been increasing its dividend for 12 years.Dividend CoverageThe dividend payout ratio of Discover Financial Services is 18.86%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Discover Financial Services will have a dividend payout ratio of 19.70% next year. This indicates that Discover Financial Services will be able to sustain or increase its dividend. Previous Next 3.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreDiscover Financial Services has received a 53.30% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Mortgages", "Consumer savings accounts provided by brick and mortar banks", "Consumer transaction accounts provided by brick and mortar banks", "Debit cards", "Credit cards", and "Card payment software" products. See details.Environmental SustainabilityThe Environmental Impact score for Discover Financial Services is -0.24. Previous Next 2.6 News and Social Media Coverage News SentimentDiscover Financial Services has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 22 news articles for Discover Financial Services this week, compared to 7 articles on an average week.Search InterestOnly 28 people have searched for DFS on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added Discover Financial Services to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Discover Financial Services insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.69% of the stock of Discover Financial Services is held by insiders.Percentage Held by Institutions81.74% of the stock of Discover Financial Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Discover Financial Services are expected to grow by 6.52% in the coming year, from $13.34 to $14.21 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Discover Financial Services is 7.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.84.Price to Earnings Ratio vs. SectorThe P/E ratio of Discover Financial Services is 7.62, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 151.02.Price to Earnings Growth RatioDiscover Financial Services has a PEG Ratio of 1.44. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioDiscover Financial Services has a P/B Ratio of 2.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Discover Financial Services (NYSE:DFS) StockDiscover Financial Services is a holding company. It operates under the Digital Banking and Payment Services segments. The Digital Banking segment focuses on consumer banking and lending products, specifically Discover-branded credit cards issued to individuals on the Discover Network and other consumer banking products and services including private student loans, personal loans, home loans, and deposit products. The Payment Services segment includes PULSE, Diners Club, and the Network Partners business, which provides payment transaction processing and settlement services on the Discover Global Network. The company was founded in 1960 and is headquartered in Riverwoods, IL.Read More Receive DFS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Discover Financial Services and its competitors with MarketBeat's FREE daily newsletter. Email Address DFS Stock News HeadlinesJune 8, 2023 | americanbankingnews.comZacks Research Comments on Discover Financial Services' Q2 2023 Earnings (NYSE:DFS)June 7, 2023 | finance.yahoo.comDiscover Stock Pops 23% In A Month. Strength Rating Climbs.June 8, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.June 7, 2023 | finance.yahoo.comHere's How Much It Cost Me to Study Abroad in College for a SummerJune 7, 2023 | finance.yahoo.com70% of Parents with College-Bound Children Are Worried About Having Enough Money to Pay for CollegeJune 6, 2023 | msn.comB of A Securities Maintains Discover Financial Services (DFS) Neutral RecommendationJune 6, 2023 | americanbankingnews.comDiscover Financial Services (NYSE:DFS) PT Raised to $114.00 at Bank of AmericaJune 6, 2023 | finance.yahoo.comDiscover® Global Network Study Finds 93% of Global Fintechs Increased Reliance on Payment Networks Given the Current Economic EnvironmentJune 8, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.June 2, 2023 | americanbankingnews.comDiscover Financial Services (NYSE:DFS) Given New $116.00 Price Target at CitigroupJune 1, 2023 | tmcnet.comDiscover Financial Services Names Daniela O'Leary-Gill to Its Board of DirectorsJune 1, 2023 | finance.yahoo.comDiscover Financial Services Names Daniela O’Leary-Gill to Its Board of DirectorsJune 1, 2023 | americanbankingnews.comDiscover Financial Services Expected to Post Q2 2023 Earnings of $3.15 Per Share (NYSE:DFS)May 31, 2023 | americanbankingnews.comQ3 2023 EPS Estimates for Discover Financial Services Lifted by Analyst (NYSE:DFS)May 21, 2023 | americanbankingnews.comDiscover Financial Services (NYSE:DFS) Coverage Initiated at StockNews.comMay 19, 2023 | finance.yahoo.comDiscover (DFS) Down 4.3% Since Last Earnings Report: Can It Rebound?May 18, 2023 | msn.comHere's Why You Should Retain Discover Financial (DFS) for NowMay 16, 2023 | finance.yahoo.comTraveling Abroad This Summer? You Might Have Trouble Using These Types of Credit CardsMay 16, 2023 | americanbankingnews.comBrokerages Set Discover Financial Services (NYSE:DFS) Target Price at $119.00May 11, 2023 | finance.yahoo.comDiscover Financial Services to Present at Bernstein’s 39th Annual Strategic Decisions ConferenceMay 11, 2023 | finance.yahoo.comDiscover Online Savings Account Ranks First for Customer Satisfaction in Direct Banking Study by J.D. PowerMay 10, 2023 | finance.yahoo.comDiscover Releases Inaugural Environmental, Social, and Governance (ESG) ReportMay 9, 2023 | marketwatch.comDiscover Financial Services stock outperforms market despite losses on the dayMay 8, 2023 | marketwatch.comDiscover Financial Services stock rises Monday, outperforms marketMay 5, 2023 | marketwatch.comDiscover Financial Services stock underperforms Friday when compared to competitors despite daily gainsMay 5, 2023 | finance.yahoo.comDividend Watch: 3 Companies Boosting PayoutsMay 5, 2023 | marketwatch.comDiscover Financial Services stock falls Thursday, underperforms marketSee More Headlines DFS Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DFS Company Calendar Last Earnings4/19/2023Ex-Dividend for 6/8 Dividend5/24/2023Today6/08/2023Dividend Payable6/08/2023Next Earnings (Estimated)7/19/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Personal credit institutions Sub-IndustryConsumer Finance SectorFinance Current SymbolNYSE:DFS CUSIP25470910 CIK1393612 Webwww.discover.com Phone(224) 405-0900Fax224-405-4993Employees20,200Year Founded1985Price Target and Rating Average Stock Price Forecast$119.33 High Stock Price Forecast$140.00 Low Stock Price Forecast$102.00 Forecasted Upside/Downside+5.1%Consensus RatingHold Rating Score (0-4)2.31 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$14.85 Trailing P/E Ratio7.62 Forward P/E Ratio8.48 P/E Growth1.44Net Income$4.39 billion Net Margins24.65% Pretax Margin32.21% Return on Equity31.30% Return on Assets3.29% Debt Debt-to-Equity Ratio1.37 Current Ratio1.14 Quick Ratio1.14 Sales & Book Value Annual Sales$15.20 billion Price / Sales1.89 Cash Flow$17.43 per share Price / Cash Flow6.49 Book Value$49.53 per share Price / Book2.28Miscellaneous Outstanding Shares253,950,000Free Float252,194,000Market Cap$28.72 billion OptionableOptionable Beta1.43 Social Links Key ExecutivesRoger C. HochschildPresident, Chief Executive Officer & DirectorJohn T. GreeneChief Financial Officer & Executive Vice PresidentAmir S. ArooniChief Information Officer & Executive VPDiane E. OffereinsExecutive VP & President-Payment ServicesCarlos M. MinettiExecutive VP, President-Consumer BankingKey CompetitorsAres ManagementNYSE:ARESNasdaqNASDAQ:NDAQArch Capital GroupNASDAQ:ACGLAvalonBay CommunitiesNYSE:AVBBanco BradescoNYSE:BBDOView All CompetitorsInsiders & InstitutionsEP Wealth Advisors LLCBought 431,240 shares on 6/5/2023Ownership: 0.170%Macquarie Group Ltd.Sold 4,631,334 shares on 6/1/2023Ownership: 0.193%ProShare Advisors LLCBought 5,413 shares on 5/26/2023Ownership: 0.023%Brandywine Global Investment Management LLCBought 5,959 shares on 5/25/2023Ownership: 0.152%Old North State Trust LLCSold 341 shares on 5/23/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions DFS Stock - Frequently Asked Questions Should I buy or sell Discover Financial Services stock right now? 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Discover Financial Services in the last twelve months. There are currently 9 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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? 13 brokerages have issued twelve-month price targets for Discover Financial Services' stock. Their DFS share price forecasts range from $102.00 to $140.00. On average, they predict the company's share price to reach $119.33 in the next twelve months. This suggests a possible upside of 5.5% 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 on January 1st, 2023. Since then, DFS shares have increased by 15.6% and is now trading at $113.10. View the best growth stocks for 2023 here. Are investors shorting Discover Financial Services? Discover Financial Services saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 4,910,000 shares, an increase of 17.7% from the April 30th total of 4,170,000 shares. Based on an average trading volume of 2,110,000 shares, the short-interest ratio is presently 2.3 days. Currently, 1.9% of the shares of the stock are sold short. 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 Wednesday, July 19th 2023. View our DFS earnings forecast. How were Discover Financial Services' earnings last quarter? Discover Financial Services (NYSE:DFS) announced its quarterly earnings data on Wednesday, April, 19th. The financial services provider reported $3.58 EPS for the quarter, missing analysts' consensus estimates of $3.84 by $0.26. The financial services provider earned $3.75 billion during the quarter, compared to analyst estimates of $3.71 billion. Discover Financial Services had a net margin of 24.65% and a trailing twelve-month return on equity of 31.30%. Discover Financial Services's quarterly revenue was up 29.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.22 EPS. 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, April 19th. Investors of record on Thursday, May 25th will be paid a dividend of $0.70 per share on Thursday, June 8th. This represents a $2.80 annualized dividend and a yield of 2.48%. The ex-dividend date is Wednesday, May 24th. This is a boost from the stock's previous quarterly dividend of $0.60. Read our dividend analysis for DFS. What ETFs hold Discover Financial Services' stock? ETFs with the largest weight of Discover Financial Services (NYSE:DFS) stock in their portfolio include First Trust Nasdaq Bank ETF (FTXO), ETFMG Prime Mobile Payments ETF (IPAY), iShares Focused Value Factor ETF (FOVL), Principal Millennial Global Growth ETF (GENY), Invesco Zacks Mid-Cap ETF (CZA), First Trust NASDAQ Rising Dividend Achievers (RDVY), FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) and 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 2.57%. 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 18.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DFS will have a dividend payout ratio of 19.70% 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 has initiated a share repurchase 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 repurchase up to 9.8% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board believes its stock is 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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (7.47%), State Street Corp (4.33%), FMR LLC (2.26%), Geode Capital Management LLC (2.22%), Boston Partners (2.20%) and Dimensional Fund Advisors LP (1.16%). Insiders that own company stock include Brian Hughes, Carlos Minetti, Cynthia A Glassman, Daniel Peter Capozzi, Diane E Offereins, John Greene, Mary K Bush, 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 $113.10. How much money does Discover Financial Services make? Discover Financial Services (NYSE:DFS) has a market capitalization of $28.72 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 $14.85 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 6/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Discover Financial Services Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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