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S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way

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

$103.30
+0.97 (+0.95%)
(As of 12/8/2023 ET)
Compare
Today's Range
$102.02
$104.28
50-Day Range
$80.49
$103.31
52-Week Range
$79.04
$122.50
Volume
1.65 million shs
Average Volume
2.37 million shs
Market Capitalization
$25.83 billion
P/E Ratio
7.66
Dividend Yield
2.71%
Price Target
$104.44

Discover Financial Services MarketRank™ Stock Analysis

Analyst Rating
Hold
2.47 Rating Score
Upside/​Downside
1.1% Upside
$104.44 Price Target
Short Interest
Healthy
2.82% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.24
Upright™ Environmental Score
News Sentiment
0.95mentions of Discover Financial Services in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
0.89%
From $12.33 to $12.44 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.60 out of 5 stars

Finance Sector

153rd out of 823 stocks

Personal Credit Institutions Industry

4th out of 13 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, 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.

DFS Stock Price History

DFS Stock News Headlines

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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.
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.
Discover Financial Services's Dividend Analysis
Discover Financial Services: Harvesting Low-Hanging Fruit
Expert Ratings for Discover Finl
See More Headlines
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Company Calendar

Last Earnings
10/19/2023
Ex-Dividend for 12/7 Dividend
11/21/2023
Dividend Payable
12/07/2023
Today
12/10/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
1/17/2024

Industry, Sector and Symbol

Industry
Personal credit institutions
Sub-Industry
Consumer Finance
Sector
Finance
CUSIP
25470910
Employees
20,200
Year Founded
1985

Price Target and Rating

Average Stock Price Target
$104.44
High Stock Price Target
$135.00
Low Stock Price Target
$93.00
Potential Upside/Downside
+1.1%
Consensus Rating
Hold
Rating Score (0-4)
2.47
Research Coverage
15 Analysts

Profitability

Net Income
$4.39 billion
Pretax Margin
23.95%

Debt

Sales & Book Value

Annual Sales
$15.20 billion
Cash Flow
$16.96 per share
Book Value
$49.53 per share

Miscellaneous

Free Float
248,333,000
Market Cap
$25.83 billion
Optionable
Optionable
Beta
1.44

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Key Executives

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 research analysts have issued "buy," "hold," and "sell" ratings for Discover Financial Services in the last twelve months. There are currently 8 hold ratings and 7 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 target for 2024?

15 Wall Street analysts have issued 1-year price objectives for Discover Financial Services' stock. Their DFS share price targets range from $93.00 to $135.00. On average, they predict the company's stock price to reach $104.44 in the next twelve months. This suggests a possible upside of 1.1% 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 5.6% and is now trading at $103.30.
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 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 trading volume, of 2,180,000 shares, the days-to-cover ratio is presently 3.2 days. Approximately 2.8% 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, January 17th 2024.
View our DFS earnings forecast
.

How were Discover Financial Services' earnings last quarter?

Discover Financial Services (NYSE:DFS) announced its quarterly earnings results 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 company's revenue for the quarter was up 16.6% on a year-over-year basis. During the same quarter last 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 announced a quarterly dividend on Wednesday, October 18th. Stockholders 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 annualized dividend and a dividend yield of 2.71%. 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 2.74%. 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 22.51% 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 approved 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 often a sign that the company's board of directors 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).

Who are Discover Financial Services' major shareholders?

Discover Financial Services' stock is owned by many different institutional and retail 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 12/10/2023 by MarketBeat.com Staff

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