Most-Downgraded StocksMost-Downgraded Discover Financial Services Stock Price, News & Analysis (NYSE:DFS) $95.62 +2.62 (+2.82%) (As of 12/1/2023 ET) Add Compare Share Share Today's Range$92.66▼$95.9650-Day Range$80.49▼$95.6252-Week Range$79.04▼$122.50Volume3.00 million shsAverage Volume2.02 million shsMarket Capitalization$23.91 billionP/E Ratio7.09Dividend Yield2.93%Price Target$103.56 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Discover Financial Services MarketRank™ Stock AnalysisAnalyst RatingHold2.40 Rating ScoreUpside/Downside8.3% Upside$103.56 Price TargetShort InterestHealthy2.82% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.24Upright™ Environmental ScoreNews Sentiment0.64Based on 24 Articles This WeekInsider TradingN/AProj. Earnings Growth0.73%From $12.32 to $12.41 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.2.51 out of 5 starsFinance Sector190th out of 867 stocksPersonal Credit Institutions Industry6th 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 2.40, and is based on 6 buy ratings, 9 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $103.56, Discover Financial Services has a forecasted upside of 8.3% from its current price of $95.62.Amount of Analyst CoverageDiscover Financial Services has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.82% 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 3.2, 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 56.25%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldDiscover Financial Services pays a meaningful dividend of 3.21%, 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 20.77%. 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 22.56% 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 2.0 News and Social Media Coverage News SentimentDiscover Financial Services has a news sentiment score of 0.64. 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 24 news articles for Discover Financial Services this week, compared to 9 articles on an average week.Search InterestOnly 55 people have searched for DFS on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 10 people have added Discover Financial Services to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 Institutions83.63% 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 0.73% in the coming year, from $12.32 to $12.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Discover Financial Services is 7.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.47.Price to Earnings Ratio vs. SectorThe P/E ratio of Discover Financial Services is 7.09, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 43.54.Price to Earnings Growth RatioDiscover Financial Services has a PEG Ratio of 1.73. 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 1.81. 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 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, 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.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 HeadlinesDecember 2, 2023 | americanbankingnews.comBrokerages Set Discover Financial Services (NYSE:DFS) PT at $103.56December 2, 2023 | americanbankingnews.comQ1 2024 EPS Estimates for Discover Financial Services (NYSE:DFS) Raised by AnalystDecember 2, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.December 1, 2023 | markets.businessinsider.comStrategic Divestiture Enhances Discover Financial Services’ Growth and StabilityDecember 1, 2023 | msn.comStudent Loan Business Sale Rockets Discover Financial Services (NYSE:DFS) UpwardDecember 1, 2023 | americanbankingnews.comDiscover Financial Services (NYSE:DFS) Expected to Earn Q2 2024 Earnings of $2.89 Per ShareNovember 30, 2023 | markets.businessinsider.comDiscover Financial Services: Navigating Strategic Changes and Market UncertaintiesNovember 30, 2023 | markets.businessinsider.comDiscover Financial Services: Strategic Decisions and Regulatory Challenges Justify Hold RatingDecember 2, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.November 30, 2023 | finance.yahoo.comDiscover Explores Sale of Its Student-Loan Business. Why It’s Good News for the Stock.November 29, 2023 | reuters.comDiscover Financial explores sale of students loan portfolioNovember 29, 2023 | msn.comDiscover Financial will explore offloading student loans portfolioNovember 27, 2023 | finance.yahoo.comDiscover® Named a Best Place to Work for IT Professionals for Twentieth YearNovember 22, 2023 | markets.businessinsider.comPositive Outlook for Discover Financial Services: Potential Student Loan Business Sale and Future Stock Buyback OpportunitiesNovember 20, 2023 | finance.yahoo.comDiscover Financial Services's Dividend AnalysisNovember 19, 2023 | seekingalpha.comDiscover Financial Services: Harvesting Low-Hanging FruitNovember 17, 2023 | finance.yahoo.comDiscover (DFS) Down 0.5% Since Last Earnings Report: Can It Rebound?November 16, 2023 | markets.businessinsider.comExpert Ratings for Discover FinlNovember 16, 2023 | markets.businessinsider.comDiscover Financial Services’ Strong Balance Growth Suggests Buy Rating Despite Potential Risks: An Analysis by Moshe OrenbuchNovember 14, 2023 | finance.yahoo.comDiscover Financial Services to Present at Goldman Sachs Financial Services Conference 2023November 14, 2023 | finance.yahoo.comAmericans are Saving More and Feeling Better About Finances, but Inflation Remains a Persistent StressorNovember 13, 2023 | finance.yahoo.comHotchkis & Wiley Capitalizes on Discover Financial Services in Q3 2023 Amid Portfolio ...November 6, 2023 | finance.yahoo.comTop Analyst Sees Opportunity Brewing in These 2 Credit Card StocksNovember 1, 2023 | msn.comTD Cowen Initiates Coverage of Discover Financial Services (DFS) with Outperform RecommendationOctober 30, 2023 | tmcnet.comThe Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Discover Financial Services (DFS)October 30, 2023 | gurufocus.comThe Discover Financial Services (DFS) Company: A Short SWOT AnalysisOctober 29, 2023 | finance.yahoo.com3 Stocks to Buy From the ‘Buy the Dip’ ETFSee 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 9/7 Dividend8/23/2023Dividend Payable9/07/2023Last Earnings10/19/2023Ex-Dividend for 12/7 Dividend11/21/2023Today12/02/2023Dividend Payable12/07/2023Fiscal Year End12/31/2023Next Earnings (Estimated)1/17/2024Get 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 Target$103.56 High Stock Price Target$135.00 Low Stock Price Target$93.00 Potential Upside/Downside+8.3%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage15 Analysts Profitability EPS (Most Recent Fiscal Year)$13.48 Trailing P/E Ratio7.09 Forward P/E Ratio7.76 P/E Growth1.82Net Income$4.39 billion Net Margins18.39% Pretax Margin23.95% Return on Equity27.23% Return on Assets2.63% Debt Debt-to-Equity Ratio1.48 Current Ratio1.12 Quick Ratio1.12 Sales & Book Value Annual Sales$15.20 billion Price / Sales1.57 Cash Flow$17.26 per share Price / Cash Flow5.54 Book Value$52.71 per share Price / Book1.81Miscellaneous Outstanding Shares250,060,000Free Float248,333,000Market Cap$23.91 billion OptionableOptionable Beta1.44 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. John B. Owen (Age 62)Independent Interim CEO & President and Director Comp: $72.92kMr. John Thomas Greene (Age 57)Executive VP & CFO Comp: $2.25MMr. Roger Crosby Hochschild (Age 58)Adviser Comp: $2.64MMr. Daniel Peter Capozzi (Age 51)Executive VP & President of Consumer Banking Comp: $2.32MMs. Shifra KolskyChief Accounting Officer, Senior VP & ControllerMr. Jason StrleExecutive VP & Chief Information OfficerMr. Eric Edmund WasserstromHead of Investor RelationsMs. Hope D. Mehlman (Age 58)Executive VP, Chief Legal Officer, General Counsel & Secretary Ms. Leslie SuttonVice President of Corporate CommunicationsMr. Keith E. Toney (Age 51)Executive VP and President of Credit & Decision Management More ExecutivesKey CompetitorsBanco Santander (Brasil)NYSE:BSBRThe Hartford Financial Services GroupNYSE:HIGNatWest GroupNYSE:NWGTradeweb MarketsNASDAQ:TWState StreetNYSE:STTView All CompetitorsInsiders & InstitutionsB. Riley Wealth Advisors Inc.Bought 2,495 shares on 12/1/2023Ownership: 0.003%Wellington Management Group LLPSold 15,615 shares on 12/1/2023Ownership: 0.002%American Century Companies Inc.Bought 37,466 shares on 11/30/2023Ownership: 0.087%Neo Ivy Capital ManagementBought 1,444 shares on 11/30/2023Ownership: 0.001%Banque Pictet & Cie SASold 7,848 shares on 11/27/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions Should I Buy Discover Financial Services Stock? DFS Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Discover Financial Services was last updated on Tuesday, November 28, 2023 at 10:10 PM. Pros Here are some ways that investors could benefit from investing in Discover Financial Services: Discover Financial Services operates in the digital banking and payment services industry, which has shown significant growth in recent years. This presents an opportunity for the company to capitalize on the increasing demand for digital financial products and services. The company offers a wide range of financial products, including credit cards, loans, and deposit accounts. This diversification allows Discover Financial Services to generate revenue from multiple sources and mitigate risks associated with a single product or service. Discover Financial Services has a strong brand presence and a loyal customer base. This provides the company with a competitive advantage in attracting and retaining customers, which can lead to long-term profitability. The company's recent financial performance has been positive, with consistent revenue growth and strong profitability. This indicates that Discover Financial Services has a solid business model and is capable of delivering value to its shareholders. Investors may find the current stock price of Discover Financial Services attractive, considering its potential for future growth and the company's track record of delivering shareholder value. Cons Investors should be bearish about investing in Discover Financial Services for these reasons: The personal credit institutions industry, in which Discover Financial Services operates, is highly regulated. Changes in regulations or increased scrutiny from regulatory authorities could impact the company's operations and profitability. The consumer finance subindustry is subject to economic cycles and fluctuations. During economic downturns, consumers may reduce their borrowing and spending, which could negatively affect Discover Financial Services' revenue and profitability. Discover Financial Services faces competition from other financial institutions, including traditional banks and fintech companies. This competitive landscape could put pressure on the company's market share and profitability. The company's reliance on interest income from loans exposes it to interest rate risk. Changes in interest rates could impact the profitability of Discover Financial Services' lending activities. Investors should consider the potential impact of any future economic uncertainties or disruptions, such as recessions or financial crises, on Discover Financial Services' business and financial performance. DFS Stock Analysis - Frequently Asked Questions Should I buy or sell Discover Financial Services stock right now? 15 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 6 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 target for 2024? 15 Wall Street analysts have issued 1-year price targets for Discover Financial Services' shares. Their DFS share price targets range from $93.00 to $135.00. On average, they expect the company's share price to reach $103.56 in the next year. This suggests a possible upside of 8.3% 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 2.3% and is now trading at $95.62. View the best growth stocks for 2023 here. Are investors shorting Discover Financial Services? Discover Financial Services saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 7,000,000 shares, an increase of 56.3% from the October 31st total of 4,480,000 shares. Based on an average daily volume of 2,180,000 shares, the days-to-cover ratio is presently 3.2 days. Approximately 2.8% of the shares of the stock 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 Wednesday, January 17th 2024. View our DFS earnings forecast. How were Discover Financial Services' earnings last quarter? Discover Financial Services (NYSE:DFS) released its quarterly earnings data on Thursday, October, 19th. The financial services provider reported $2.59 EPS for the quarter, missing the consensus estimate of $3.18 by $0.59. The financial services provider earned $4.04 billion during the quarter, compared to the consensus estimate of $3.95 billion. Discover Financial Services had a trailing twelve-month return on equity of 27.23% and a net margin of 18.39%. The firm's revenue for the quarter was up 16.6% on a year-over-year basis. During the same period in the previous year, the firm posted $3.54 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, October 18th. Shareholders of record on Wednesday, November 22nd will be paid a dividend of $0.70 per share on Thursday, December 7th. This represents a $2.80 dividend on an annualized basis and a yield of 2.93%. The ex-dividend date is Tuesday, November 21st. 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 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 20.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DFS will have a dividend payout ratio of 22.56% next year. This indicates that the company will be able to sustain or increase its dividend. 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 ETFMG Prime Mobile Payments ETF (IPAY), First Trust Nasdaq Bank ETF (FTXO), Principal Millennial Global Growth ETF (GENY), iShares Focused Value Factor ETF (FOVL), First Trust NASDAQ Rising Dividend Achievers (RDVY), FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI), BlackRock Future Financial and Technology ETF (BPAY) and VanEck Morningstar SMID Moat ETF (SMOT). How will Discover Financial Services' stock buyback program work? Discover Financial Services announced that its board has initiated a share repurchase program on Wednesday, April 19th 2023, which permits the company to buyback $2,700,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 9.8% of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership 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). Who are Discover Financial Services' major shareholders? Discover Financial Services' stock is owned by many different retail and institutional investors. Top institutional shareholders include Boston Partners (3.44%), FMR LLC (2.27%), Morgan Stanley (1.76%), Northern Trust Corp (1.03%), Invesco Ltd. (0.89%) and LSV Asset Management (0.77%). 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. 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 This page (NYSE:DFS) was last updated on 12/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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