S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
NYSE:DFS

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

$125.35
+1.08 (+0.87%)
(As of 04/19/2024 ET)
Today's Range
$123.80
$126.15
50-Day Range
$108.39
$131.10
52-Week Range
$79.04
$131.65
Volume
1.55 million shs
Average Volume
1.13 million shs
Market Capitalization
$31.41 billion
P/E Ratio
14.29
Dividend Yield
2.23%
Price Target
$126.29

Discover Financial Services MarketRank™ Stock Analysis

Analyst Rating
Hold
2.39 Rating Score
Upside/​Downside
0.8% Upside
$126.29 Price Target
Short Interest
Healthy
1.14% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.24
Upright™ Environmental Score
News Sentiment
0.15mentions of Discover Financial Services in the last 14 days
Based on 32 Articles This Week
Insider Trading
Selling Shares
$3.75 M Sold Last Quarter
Proj. Earnings Growth
18.78%
From $11.34 to $13.47 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.

4.95 out of 5 stars

Finance Sector

19th out of 851 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 (NYSE:DFS) PT Raised to $123.00
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Discover Financial Services (DFS)
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
KBW Sticks to Its Buy Rating for Discover Financial Services (DFS)
See 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.

Company Calendar

Ex-Dividend for 3/7 Dividend
2/21/2024
Dividend Payable
3/07/2024
Last Earnings
4/18/2024
Today
4/21/2024
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
13.72%

Debt

Sales & Book Value

Annual Sales
$20.61 billion
Cash Flow
$11.71 per share
Book Value
$58.75 per share

Miscellaneous

Free Float
248,836,000
Market Cap
$31.41 billion
Optionable
Optionable
Beta
1.45

Social Links

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

Key Executives

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 operates in two segments, Digital Banking and Payment Services, providing diversified revenue streams.
  • The company offers a range of financial products including credit cards, loans, and deposit accounts, catering to various customer needs.
  • Recent positive earnings estimates and financial performance indicate potential growth and profitability.
  • Strong institutional ownership and investor confidence in Discover Financial Services can be reassuring for potential investors.
  • With a current stock price that reflects favorable market sentiment, investing in Discover Financial Services may present a good opportunity.

Cons

Investors should be bearish about investing in Discover Financial Services for these reasons:

  • Market competition in the financial services sector may pose challenges for Discover Financial Services' market share and growth prospects.
  • Regulatory changes or economic downturns could impact the company's operations and financial performance negatively.
  • Dependence on interest rates and economic conditions may introduce volatility and risks to Discover Financial Services' profitability.
  • Potential cybersecurity threats and data breaches could harm the company's reputation and financial stability.
  • Investors should carefully consider the overall market conditions and industry trends before making investment decisions related to Discover Financial Services.
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 Saturday, April 13, 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

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

18 Wall Street 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 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 equities research analysts have issued 1 year price objectives for Discover Financial Services' shares. Their DFS share price targets range from $98.00 to $168.00. On average, they predict the company's stock price to reach $126.29 in the next twelve months. This suggests a possible upside of 0.8% 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 on January 1st, 2024. Since then, DFS stock has increased by 11.5% and is now trading at $125.35.
View the best growth stocks for 2024 here
.

Are investors shorting Discover Financial Services?

Discover Financial Services saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 2,960,000 shares, an increase of 6.9% from the February 29th total of 2,770,000 shares. Based on an average trading volume of 2,390,000 shares, the days-to-cover ratio is currently 1.2 days. Currently, 1.2% 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, July 17th 2024.
View our DFS earnings forecast
.

How were Discover Financial Services' earnings last quarter?

Discover Financial Services (NYSE:DFS) released its earnings results on Thursday, April, 18th. The financial services provider reported $1.10 earnings per share (EPS) 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 analysts' expectations of $4.07 billion. Discover Financial Services had a trailing twelve-month return on equity of 16.74% and a net margin of 10.56%. During the same period in the prior year, the firm posted $3.58 EPS.
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, April 17th. Stockholders 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 2.23%. 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 20.79% 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 declared that its Board of Directors has authorized a stock repurchase program on Wednesday, April 19th 2023, which authorizes the company to buyback $2,700,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 9.8% of its stock through open market purchases. Stock buyback 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 many different institutional and retail investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.25%), Los Angeles Capital Management LLC (0.17%), Gateway Investment Advisers LLC (0.09%), Global Assets Advisory LLC (0.07%), Leeward Investments LLC MA (0.05%) and Eldred Rock Partners LLC (0.03%). Insiders that own company stock include 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 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.
Read More
This page (NYSE:DFS) was last updated on 4/21/2024 by MarketBeat.com Staff

From Our Partners