Top MarketRank™ StocksTop MarketRank™NYSE:DFS Discover Financial Services (DFS) Stock Price, News & Analysis $142.29 +0.67 (+0.47%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$142.18▼$143.6250-Day Range$121.10▼$142.8952-Week Range$79.04▼$147.61Volume827,830 shsAverage Volume1.83 million shsMarket Capitalization$35.68 billionP/E Ratio16.22Dividend Yield1.97%Price Target$131.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Discover Financial Services alerts: Email Address Discover Financial Services MarketRank™ Stock AnalysisAnalyst RatingHold2.40 Rating ScoreUpside/Downside7.7% Downside$131.33 Price TargetShort InterestHealthy0.93% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.24Upright™ Environmental ScoreNews Sentiment0.56Based on 29 Articles This WeekInsider TradingN/AProj. Earnings Growth6.87%From $12.23 to $13.07 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.93 out of 5 starsFinance Sector18th out of 898 stocksPersonal Credit Institutions Industry1st out of 14 stocks 2.2 Analyst's Opinion Consensus RatingDiscover Financial Services has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 8 buy ratings, 12 hold ratings, and no sell ratings.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.Read more about Discover Financial Services' stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.93% 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 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Discover Financial Services has recently decreased by 12.08%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend YieldDiscover Financial Services pays a meaningful dividend of 2.00%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthDiscover Financial Services has been increasing its dividend for 13 years.Dividend CoverageThe dividend payout ratio of Discover Financial Services is 31.93%. 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 21.42% next year. This indicates that Discover Financial Services will be able to sustain or increase its dividend.Read more about Discover Financial Services' 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 3.1 News and Social Media Coverage News SentimentDiscover Financial Services has a news sentiment score of 0.56. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 29 news articles for Discover Financial Services this week, compared to 12 articles on an average week.Search Interest15 people have searched for DFS on MarketBeat in the last 30 days. MarketBeat Follows19 people have added Discover Financial Services to their MarketBeat watchlist in the last 30 days. This is an increase of 1,800% 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 Institutions86.94% 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.Read more about Discover Financial Services' insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Discover Financial Services are expected to grow by 6.87% in the coming year, from $12.23 to $13.07 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Discover Financial Services is 16.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.44.Price to Earnings Ratio vs. SectorThe P/E ratio of Discover Financial Services is 16.22, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.03.Price to Earnings Growth RatioDiscover Financial Services has a PEG Ratio of 0.93. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioDiscover Financial Services has a P/B Ratio of 2.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Discover Financial Services' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. About Discover Financial Services Stock (NYSE:DFS)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 to access automated teller machines, 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.Read More DFS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DFS Stock News HeadlinesJuly 26 at 9:00 AM | globenewswire.comTNR, The Niche Research Reports: Discover the Surging Demand Fueling Nematicides Market GrowthJuly 24 at 10:07 AM | americanbankingnews.comDiscover Financial Services (NYSE:DFS) Research Coverage Started at StockNews.comJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 23 at 7:20 PM | bizjournals.comDiscover opens $16 million dual-purpose facility in WhitehallJuly 22, 2024 | insidermonkey.comDiscover Financial Services (NYSE:DFS) Q2 2024 Earnings Call TranscriptJuly 22, 2024 | markets.businessinsider.comRBC Capital Sticks to Its Hold Rating for Discover Financial Services (DFS)July 22, 2024 | forbes.comDiscover Financial Stock Topped The Estimates In Q2, Where Is It Headed?July 22, 2024 | americanbankingnews.comDiscover Financial Services (NYSE:DFS) Expected to Earn Q4 2024 Earnings of $2.96 Per ShareJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 21, 2024 | americanbankingnews.comDiscover Financial Services (NYSE:DFS) Given New $135.00 Price Target at JPMorgan Chase & Co.July 21, 2024 | americanbankingnews.comBarclays Increases Discover Financial Services (NYSE:DFS) Price Target to $137.00July 20, 2024 | americanbankingnews.comDiscover Financial Services (NYSE:DFS) Price Target Increased to $148.00 by Analysts at Royal Bank of CanadaJuly 20, 2024 | americanbankingnews.comBMO Capital Markets Increases Discover Financial Services (NYSE:DFS) Price Target to $119.00July 20, 2024 | americanbankingnews.comDiscover Financial Services (NYSE:DFS) Trading 3.8% Higher on Earnings BeatJuly 19, 2024 | markets.businessinsider.comSeaport Global Reaffirms Their Hold Rating on Discover Financial Services (DFS)July 19, 2024 | msn.comDiscover Financial Services GAAP EPS of $6.06 beats by $2.96, revenue of $4.54B beats by $360MJuly 19, 2024 | markets.businessinsider.comBarclays Keeps Their Hold Rating on Discover Financial Services (DFS)July 19, 2024 | seekingalpha.comDiscover Financial Services (DFS) Q2 2024 Earnings Call TranscriptSee More Headlines 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 Company Calendar Ex-Dividend for 6/6 Dividend5/22/2024Dividend Payable6/06/2024Last Earnings7/17/2024Today7/26/2024Ex-Dividend for 9/5 Dividend8/22/2024Dividend Payable9/05/2024Next Earnings (Estimated)10/16/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Personal credit institutions Sub-IndustryConsumer Finance Current SymbolNYSE:DFS CUSIP25470910 CIK1393612 Webwww.discover.com Phone(224) 405-0900Fax224-405-4993Employees21,100Year Founded1985Price Target and Rating Average Stock Price Target$131.33 High Stock Price Target$168.00 Low Stock Price Target$98.00 Potential Upside/Downside-8.1%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage20 Analysts Profitability EPS (Most Recent Fiscal Year)$8.77 Trailing P/E Ratio16.30 Forward P/E Ratio11.69 P/E Growth0.93Net Income$2.94 billion Net Margins12.88% Pretax Margin17.15% Return on Equity20.53% Return on Assets1.94% Debt Debt-to-Equity Ratio1.50 Current Ratio1.07 Quick Ratio1.12 Sales & Book Value Annual Sales$20.61 billion Price / Sales1.74 Cash Flow$11.94 per share Price / Cash Flow11.97 Book Value$64.07 per share Price / Book2.23Miscellaneous Outstanding Shares250,780,000Free Float249,048,000Market Cap$35.84 billion OptionableOptionable Beta1.44 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. J. Michael Shepherd (Age 69)Interim CEO, President & Director Comp: $60.42kMr. John Thomas Greene (Age 58)Executive VP & CFO Comp: $1.33MMs. Hope D. Mehlman (Age 59)Executive VP, Chief Legal Officer, General Counsel & Corporate Secretary Comp: $4.42MMr. Daniel Peter Capozzi (Age 52)Executive VP & President of Consumer Banking Comp: $913.47kMr. Keith E. Toney (Age 52)Executive VP and President of Credit & Decision Management Comp: $1.12MMs. Shifra KolskyChief Accounting Officer, Senior VP & ControllerMr. Jason J. Strle (Age 47)Executive VP & Chief Information Officer Mr. Eric Edmund WasserstromHead of Investor RelationsMr. Jason Hanson (Age 45)Executive VP, President of Payment Services & Senior VP of Network Operations Mr. Bill ChippendaleChief Audit ExecutiveMore ExecutivesKey CompetitorsCapital One FinancialNYSE:COFCredit AcceptanceNASDAQ:CACCSLMNASDAQ:SLMNelnetNYSE:NNIEncore Capital GroupNASDAQ:ECPGView All CompetitorsInsiders & InstitutionsState of Michigan Retirement SystemBought 100 shares on 7/26/2024Ownership: 0.027%Cambridge Investment Research Advisors Inc.Sold 433 shares on 7/26/2024Ownership: 0.010%LS Investment Advisors LLCSold 230 shares on 7/26/2024Ownership: 0.008%Bailard Inc.Sold 220 shares on 7/26/2024Ownership: 0.003%Harbour Investments Inc.Sold 153 shares on 7/26/2024Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions Should I Buy Discover Financial Services Stock? DFS Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Discover Financial Services: Discover Financial Services reported strong quarterly earnings, beating analysts' estimates by a significant margin, indicating a healthy financial performance. Analysts have given a consensus "Hold" rating with a price target increase, suggesting potential growth and stability in the company's stock. The company has a solid dividend payout ratio of 31.93%, offering investors a steady income stream through dividends. Discover Financial Services has shown revenue growth of 17.0% year-over-year, demonstrating positive business momentum. With a P/E ratio of 16.17 and a P/E/G ratio of 0.85, the stock may be considered undervalued compared to its growth potential, making it an attractive investment opportunity. Cons Investors should be bearish about investing in Discover Financial Services for these reasons: The stock price has been fluctuating, indicating potential volatility in the market and uncertainty surrounding the company's performance. While analysts have given a consensus "Hold" rating, there is a lack of strong buy recommendations, suggesting limited short-term upside potential. Discover Financial Services operates in a competitive industry, facing challenges from other financial institutions and fintech companies, which could impact its market position. There is a debt-to-equity ratio of 1.50, indicating higher leverage that may pose risks in case of economic downturns or interest rate changes. Investors should consider the company's beta of 1.44, which implies higher volatility compared to the market, potentially leading to greater price fluctuations. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, July 23, 2024. Please send any questions or comments about these Discover Financial Services pros and cons to contact@marketbeat.com. DFS Stock Analysis - Frequently Asked Questions How have DFS shares performed this year? Discover Financial Services' stock was trading at $112.40 at the beginning of the year. Since then, DFS shares have increased by 26.6% and is now trading at $142.29. View the best growth stocks for 2024 here. How were Discover Financial Services' earnings last quarter? Discover Financial Services (NYSE:DFS) posted its quarterly earnings results on Wednesday, July, 17th. The financial services provider reported $6.06 EPS for the quarter, topping the consensus estimate of $3.06 by $3.00. Discover Financial Services's quarterly revenue was up 17.0% on a year-over-year basis. Read the conference call transcript. How will Discover Financial Services' stock buyback program work? Discover Financial Services' Board of Directors initiated a stock buyback plan on Wednesday, April 19th 2023, which permits the company to repurchase $2,700,000,000 in outstanding shares, according to EventVestor. This means that the company could buy up to 9.8% of its stock through open market purchases. Stock buyback plans are typically a sign 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. Does Discover Financial Services have any subsidiaries? Discover Financial Services subsidiaries include Home Loan Center, Student Loan Corporation, First National Bank Alaska, Diners Club International, DFS Corporate Services LLC, DFS GSD Corp., DFS International Inc., and others. Who are Discover Financial Services' major shareholders? Discover Financial Services' top institutional shareholders include Bank of New York Mellon Corp (0.81%), AustralianSuper Pty Ltd (0.46%), Elser Financial Planning Inc (0.28%) and Sumitomo Mitsui Trust Holdings Inc. (0.23%). Insiders that own company stock include Carlos Minetti, Wanjiku Juanita Walcott, Mary K Bush, Michael H Moskow, Robert Andrew Eichfeld, John Greene, Cynthia A Glassman, Shifra Kolsky and Daniel Peter Capozzi. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Discover Financial Services own? Based on aggregate information from My MarketBeat watchlists, some other companies that Discover Financial Services investors own include AT&T (T), Intel (INTC), JPMorgan Chase & Co. (JPM), AbbVie (ABBV), CVS Health (CVS), Bank of America (BAC) and Cisco Systems (CSCO). This page (NYSE:DFS) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredWe recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. And the real wealth has still to be made…Porter & Company | SponsoredNEW AI developed by trader who won 1,129% (in 2 days)Earlier this year one legendary trader captured a 1,129% win (in just 2 days) ... LIVE in front of thousands o...Monument Traders Alliance | SponsoredBreaking News: Elon Musk Invents New Type of A.I. (Shocking)Could Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street vete...InvestorPlace | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock (June 12) This $2 trillion D.C. shock i...Timothy Sykes | SponsoredGrab a pen and write down this ticker - here's whyA megatrend now poised to mint a brand-new wave of millionaires right here in America. And today, self-made...StocksToTrade | SponsoredBrace Yourself: Experts calling for Bitcoin to hit $100kFor the past few months, Bitcoin has been trading flat… It's been stuck around the $60,000 to $72,000 range...Crypto 101 Media | Sponsored 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. Share Discover Financial Services With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
