NYSE:DFS

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

$126.01
+0.59 (+0.47%)
(As of 11:27 AM ET)
Today's Range
$124.76
$126.01
50-Day Range
$119.54
$131.10
52-Week Range
$79.04
$131.65
Volume
97,668 shs
Average Volume
2.03 million shs
Market Capitalization
$31.58 billion
P/E Ratio
14.37
Dividend Yield
2.22%
Price Target
$126.29

Discover Financial Services MarketRank™ Stock Analysis

Analyst Rating
Hold
2.39 Rating Score
Upside/​Downside
0.2% Upside
$126.29 Price Target
Short Interest
Healthy
0.90% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.24
Upright™ Environmental Score
News Sentiment
0.89mentions of Discover Financial Services in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
13.50%
From $11.48 to $13.03 Per Share

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.

4.96 out of 5 stars

Finance Sector

10th out of 860 stocks

Personal Credit Institutions Industry

1st out of 14 stocks

DFS stock logo

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.

DFS Stock Price History

DFS Stock News Headlines

Discover Financial Services (DFS) Gets a Buy from KBW
Discover Financial Services (DFS)
KBW Sticks to Its Buy Rating for Discover Financial Services (DFS)
See More Headlines
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Company Calendar

Ex-Dividend for 3/7 Dividend
2/21/2024
Dividend Payable
3/07/2024
Last Earnings
4/18/2024
Today
5/20/2024
Ex-Dividend for 6/6 Dividend
5/22/2024
Dividend Payable
6/06/2024
Next Earnings (Estimated)
7/17/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Personal credit institutions
Sub-Industry
Consumer Finance
CUSIP
25470910
Employees
21,100
Year Founded
1985

Price Target and Rating

Average Stock Price Target
$126.29
High Stock Price Target
$168.00
Low Stock Price Target
$98.00
Potential Upside/Downside
+0.8%
Consensus Rating
Hold
Rating Score (0-4)
2.39
Research Coverage
18 Analysts

Profitability

Net Income
$2.94 billion
Pretax Margin
13.77%

Debt

Sales & Book Value

Annual Sales
$20.61 billion
Cash Flow
$11.71 per share
Book Value
$55.08 per share

Miscellaneous

Free Float
249,346,000
Market Cap
$31.41 billion
Optionable
Optionable
Beta
1.43

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Key Executives


DFS Stock Analysis - Frequently Asked Questions

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

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Discover Financial Services in the last year. There are currently 11 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities 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 target for 2024?

18 analysts have issued 12 month target prices for Discover Financial Services' shares. Their DFS share price targets range from $98.00 to $168.00. On average, they anticipate the company's share price to reach $126.29 in the next year. This suggests a possible upside of 0.2% 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 2024?

Discover Financial Services' stock was trading at $112.40 at the start of the year. Since then, DFS stock has increased by 12.1% and is now trading at $126.01.
View the best growth stocks for 2024 here
.

Are investors shorting Discover Financial Services?

Discover Financial Services saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 2,230,000 shares, a drop of 19.2% from the April 15th total of 2,760,000 shares. Based on an average trading volume of 1,960,000 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.9% 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, July 17th 2024.
View our DFS earnings forecast
.

How were Discover Financial Services' earnings last quarter?

Discover Financial Services (NYSE:DFS) posted its earnings results on Thursday, April, 18th. The financial services provider reported $1.10 earnings per share for the quarter, missing the consensus estimate of $2.98 by $1.88. The financial services provider earned $4.21 billion during the quarter, compared to the consensus estimate of $4.07 billion. Discover Financial Services had a net margin of 10.56% and a trailing twelve-month return on equity of 17.07%. During the same period in the previous year, the firm posted $3.58 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, April 17th. Investors of record on Thursday, May 23rd will be paid a dividend of $0.70 per share on Thursday, June 6th. This represents a $2.80 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date of this dividend is Wednesday, May 22nd.
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 2.23%. 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 31.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DFS will have a dividend payout ratio of 21.49% 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 of Directors has authorized a stock repurchase program on Wednesday, April 19th 2023, which permits the company to repurchase $2,700,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 9.8% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board of directors 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 a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (12.14%), Capital World Investors (6.68%), Bank of New York Mellon Corp (0.81%), LSV Asset Management (0.67%), Capital International Investors (0.65%) and Price T Rowe Associates Inc. MD (0.34%). Insiders that own company stock include Carlos Minetti, Cynthia A Glassman, Daniel Peter Capozzi, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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.
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This page (NYSE:DFS) was last updated on 5/20/2024 by MarketBeat.com Staff

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