NYSE:DFS Discover Financial Services (DFS) Stock Forecast, Price & News $86.63 +0.30 (+0.35%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$86.06▼$87.6050-Day Range$85.25▼$108.8452-Week Range$84.43▼$122.50Volume2.08 million shsAverage Volume1.73 million shsMarket Capitalization$21.65 billionP/E Ratio6.00Dividend Yield3.23%Price Target$112.33 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Discover Financial Services MarketRank™ ForecastAnalyst RatingHold2.29 Rating ScoreUpside/Downside29.7% Upside$112.33 Price TargetShort InterestHealthy1.75% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.24Upright™ Environmental ScoreNews Sentiment0.55Based on 14 Articles This WeekInsider TradingN/AProj. Earnings Growth1.62%From $12.95 to $13.16 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.3.15 out of 5 starsFinance Sector47th out of 880 stocksPersonal Credit Institutions Industry1st out of 13 stocks 4.1 Analyst's Opinion Consensus RatingDiscover Financial Services has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 4 buy ratings, 10 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $112.33, Discover Financial Services has a forecasted upside of 29.7% from its current price of $86.63.Amount of Analyst CoverageDiscover Financial Services has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.75% 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 1.9, 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 13.58%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldDiscover Financial Services pays a meaningful dividend of 3.24%, 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 19.40%. 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 21.28% 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 2.5 News and Social Media Coverage News SentimentDiscover Financial Services has a news sentiment score of 0.55. 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 lower news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Discover Financial Services this week, compared to 8 articles on an average week.Search InterestOnly 42 people have searched for DFS on MarketBeat in the last 30 days. This is a decrease of -11% compared to the previous 30 days.MarketBeat Follows15 people have added Discover Financial Services to their MarketBeat watchlist in the last 30 days. This is an increase of 25% 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 1.62% in the coming year, from $12.95 to $13.16 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Discover Financial Services is 6.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.63.Price to Earnings Ratio vs. SectorThe P/E ratio of Discover Financial Services is 6.00, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 70.28.Price to Earnings Growth RatioDiscover Financial Services has a PEG Ratio of 1.21. 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 1.75. 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, 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DFS Stock News HeadlinesSeptember 27, 2023 | marketbeat.comPain for Gain: 2 Stocks Whose CEOs Left Without a Clue (DFS)There has been a litany of CEO removals in the past year. Some of the headliners include the removal of The Walt Disney Co. (NYSE: DIS) CEO Bob Chapek in NoAugust 30, 2023 | marketbeat.com5 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.September 30, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.September 30, 2023 | msn.comPiper Sandler Maintains Discover Financial Services (DFS) Neutral RecommendationSeptember 29, 2023 | markets.businessinsider.comPiper Sandler Keeps Their Hold Rating on Discover Financial Services (DFS)September 28, 2023 | finance.yahoo.comDiscover Financial Services Announces Third Quarter 2023 Earnings Release on October 18, 2023, and Conference Call on October 19, 2023September 24, 2023 | americanbankingnews.comDiscover Financial Services (NYSE:DFS) Sets New 12-Month Low at $87.45September 23, 2023 | prnewswire.comROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Discover Financial Services Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action - DFSSeptember 30, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.September 22, 2023 | markets.businessinsider.comGrabar Law Office Investigates Claims on Behalf of Shareholders of Discover Financial Services (DFS)September 22, 2023 | finance.yahoo.com3 Names to Benefit From Growth in Electronic PaymentsSeptember 21, 2023 | finance.yahoo.comHolders of Discover Financial Are Discovering the Stock Is Heading LowerSeptember 20, 2023 | benzinga.comDFS Investors Have Opportunity to Lead Discover Financial Services Securities Fraud LawsuitSeptember 19, 2023 | seekingalpha.comDiscover Financial Is An Attractive, Yet Risky PlaySeptember 18, 2023 | benzinga.comDFS DEADLINE ALERT: Kessler Topaz Meltzer & Check, LLP Announces Deadline in Discover Financial Services (DFS) Securities Fraud Class Action LawsuitSeptember 18, 2023 | finance.yahoo.comWill Discover Financial (DFS) Divest its Student-Loan Unit?September 18, 2023 | finance.yahoo.comThose who invested in Discover Financial Services (NYSE:DFS) three years ago are up 74%September 17, 2023 | seekingalpha.comDiscover Financial mulls potential sale of student-loan unit - reportSeptember 16, 2023 | prnewswire.comDISCOVER DEADLINE ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Discover To Contact Him Directly To Discuss Their OptionsSeptember 16, 2023 | markets.businessinsider.comROSEN, TRUSTED INVESTOR COUNSEL, Encourages Discover Financial Services Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action - DFSSeptember 15, 2023 | msn.comIs Discover Financial in Crisis? It Mulls Student-Loan Business Sale After CEO ResignationSeptember 15, 2023 | finance.yahoo.comDiscover Considers Possible Sale of Its Student-Loan ArmSeptember 12, 2023 | markets.businessinsider.comDiscover Financial Services (DFS) Receives a Hold from Bank of America SecuritiesSeptember 11, 2023 | benzinga.comGlancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Discover Financial Services (DFS)September 8, 2023 | benzinga.comKessler Topaz Meltzer & Check, LLP Announces Investor Securities Fraud Class Action Lawsuit Filed Against Discover Financial ServicesSeptember 8, 2023 | stockhouse.comINVESTOR ACTION ALERT: The Schall Law Firm Encourages Investors in Discover Financial Services with Losses of $100,000 to Contact the FirmSeptember 7, 2023 | technews.tmcnet.comKirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Discover Financial Services (DFS) InvestorsSee 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 DFS Company Calendar Last Earnings7/20/2023Ex-Dividend for 9/7 Dividend8/23/2023Dividend Payable9/07/2023Today9/30/2023Next Earnings (Confirmed)10/18/2023Fiscal 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$112.33 High Stock Price Forecast$135.00 Low Stock Price Forecast$99.00 Forecasted Upside/Downside+29.7%Consensus RatingHold Rating Score (0-4)2.29 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$14.43 Trailing P/E Ratio6.00 Forward P/E Ratio6.69 P/E Growth1.21Net Income$4.39 billion Net Margins21.51% Pretax Margin28.13% Return on Equity29.65% Return on Assets2.99% Debt Debt-to-Equity Ratio1.58 Current Ratio1.14 Quick Ratio1.14 Sales & Book Value Annual Sales$15.20 billion Price / Sales1.42 Cash Flow$16.85 per share Price / Cash Flow5.14 Book Value$49.53 per share Price / Book1.75Miscellaneous Outstanding Shares249,950,000Free Float248,223,000Market Cap$21.65 billion OptionableOptionable Beta1.44 Social Links 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. John B. Owen (Age 62)Independent Interim CEO & Pres and Director Comp: $72.92kMr. John Thomas Greene (Age 57)Exec. VP & CFO Comp: $2.25MMr. Roger Crosby Hochschild (Age 58)Adviser Comp: $2.64MMr. Daniel Peter Capozzi (Age 51)Exec. VP & Pres of Consumer Banking Comp: $2.32MMs. Shifra KolskyChief Accounting Officer, Sr. VP & ControllerMr. Jason StrleExec. VP & Chief Information OfficerMr. R. Andrew Eichfeld (Age 53)Exec. VP and Chief HR & Admin. Officer Mr. Eric Edmund WasserstromHead of Investor RelationsMs. Hope D. Mehlman (Age 58)Exec. VP, Chief Legal Officer, Gen. Counsel & Sec. Ms. Leslie SuttonVP of Corp. CommunicationsMore ExecutivesKey CompetitorsCredit AcceptanceNASDAQ:CACCState StreetNYSE:STTSBA CommunicationsNASDAQ:SBACThe Hartford Financial Services GroupNYSE:HIGRaymond JamesNYSE:RJFView All CompetitorsInsiders & InstitutionsST Germain D J Co. Inc.Bought 777 shares on 9/7/2023Ownership: 0.000%Portside Wealth Group LLCBought 5,104 shares on 9/1/2023Ownership: 0.002%Strategy Asset Managers LLCBought 374 shares on 8/25/2023Ownership: 0.003%Brown Shipley& Co LtdBought 1,245 shares on 8/25/2023Ownership: 0.002%Wolverine Trading LLCSold 34,300 shares on 8/23/2023Ownership: 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? 14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Discover Financial Services in the last year. 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 brokerages have issued 12 month price targets for Discover Financial Services' shares. Their DFS share price forecasts range from $99.00 to $135.00. On average, they predict the company's stock price to reach $112.33 in the next twelve months. This suggests a possible upside of 29.7% 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 decreased by 11.4% and is now trading at $86.63. 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 September. As of September 15th, there was short interest totaling 4,350,000 shares, an increase of 13.6% from the August 31st total of 3,830,000 shares. Based on an average daily volume of 2,330,000 shares, the days-to-cover ratio is currently 1.9 days. Approximately 1.8% of the company's shares 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, October 18th 2023. View our DFS earnings forecast. How can I listen to Discover Financial Services' earnings call? Discover Financial Services will be holding an earnings conference call on Thursday, October 19th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Discover Financial Services' earnings last quarter? Discover Financial Services (NYSE:DFS) announced its quarterly earnings results on Thursday, July, 20th. The financial services provider reported $3.54 EPS for the quarter, missing analysts' consensus estimates of $3.70 by $0.16. The financial services provider had revenue of $3.88 billion for the quarter, compared to analysts' expectations 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%. The company's revenue was up 20.7% compared to the same quarter last year. During the same period last year, the firm posted $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 announced a quarterly dividend on Wednesday, July 19th. Stockholders of record on Thursday, August 24th will be paid a dividend of $0.70 per share on Thursday, September 7th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.23%. The ex-dividend date is Wednesday, August 23rd. 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). 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 3.24%. 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 announced that its board has approved a share repurchase program on Wednesday, April 19th 2023, which authorizes the company to repurchase $2,700,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 9.8% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's board 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." 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 $86.63. How much money does Discover Financial Services make? Discover Financial Services (NYSE:DFS) has a market capitalization of $21.65 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 9/30/2023 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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