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NYSE:DFS

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

$88.05
-0.61 (-0.69%)
(As of 02:51 PM ET)
Compare
Today's Range
$87.54
$88.69
50-Day Range
$88.47
$121.85
52-Week Range
$87.45
$122.50
Volume
779,551 shs
Average Volume
2.35 million shs
Market Capitalization
$22.01 billion
P/E Ratio
6.10
Dividend Yield
3.18%
Price Target
$113.13

Discover Financial Services MarketRank™ Forecast

Analyst Rating
Hold
2.29 Rating Score
Upside/​Downside
28.1% Upside
$113.13 Price Target
Short Interest
Healthy
1.54% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.24
Upright™ Environmental Score
News Sentiment
0.61mentions of Discover Financial Services in the last 14 days
Based on 26 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
1.62%
From $12.95 to $13.16 Per Share

Overall MarketRank

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

3.35 out of 5 stars

Finance Sector

13th out of 837 stocks

Personal Credit Institutions Industry

1st out of 13 stocks


DFS stock logo

About Discover Financial Services (NYSE:DFS) Stock

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 Price History

DFS Stock News Headlines

5 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.
PayPal Is Your Chance To Prove You're A True Value Investor (DFS)
PayPal is the perfect opportunity for value investors to prove their worthy strategies, filled with upside potential, analysts are betting on a bright future
BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
Discover Financial Is An Attractive, Yet Risky Play
Will Discover Financial (DFS) Divest its Student-Loan Unit?
"This Could be the Biggest Stock Story of 2023"
A.I. is set to create $7 trillion in new wealth but most investors are buying the wrong stocks. Learn what Wall Street insiders are buying here.
Discover Considers Possible Sale of Its Student-Loan Arm
See More Headlines
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DFS Company Calendar

Last Earnings
7/20/2023
Ex-Dividend for 9/7 Dividend
8/23/2023
Dividend Payable
9/07/2023
Today
9/21/2023
Next Earnings (Estimated)
10/23/2023
Fiscal Year End
12/31/2023

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 Forecast
$113.13
High Stock Price Forecast
$135.00
Low Stock Price Forecast
$99.00
Forecasted Upside/Downside
+28.2%
Consensus Rating
Hold
Rating Score (0-4)
2.29
Research Coverage
14 Analysts

Profitability

Net Income
$4.39 billion
Pretax Margin
28.13%

Debt

Sales & Book Value

Annual Sales
$15.20 billion
Cash Flow
$16.68 per share
Book Value
$49.53 per share

Miscellaneous

Free Float
248,223,000
Market Cap
$22.06 billion
Optionable
Optionable
Beta
1.44

Social Links

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

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Key Executives

  • Mr. John B. Owen (Age 62)
    Independent Interim CEO & Pres and Director
    Comp: $72.92k
  • Mr. John Thomas Greene (Age 57)
    Exec. VP & CFO
    Comp: $2.25M
  • Mr. Roger Crosby Hochschild (Age 58)
    Adviser
    Comp: $2.64M
  • Mr. Daniel Peter CapozziMr. Daniel Peter Capozzi (Age 51)
    Exec. VP & Pres of Consumer Banking
    Comp: $2.32M
  • Ms. Shifra KolskyMs. Shifra Kolsky
    Chief Accounting Officer, Sr. VP & Controller
  • Mr. Jason Strle
    Exec. VP & Chief Information Officer
  • Mr. R. Andrew EichfeldMr. R. Andrew Eichfeld (Age 53)
    Exec. VP and Chief HR & Admin. Officer
  • Mr. Eric Edmund Wasserstrom
    Head of Investor Relations
  • Ms. Hope D. Mehlman (Age 58)
    Exec. VP, Chief Legal Officer, Gen. Counsel & Sec.
  • Ms. Leslie Sutton
    VP of Corp. Communications













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 Wall Street analysts have issued 12-month price objectives for Discover Financial Services' stock. Their DFS share price forecasts range from $99.00 to $135.00. On average, they anticipate the company's stock price to reach $113.13 in the next year. This suggests a possible upside of 28.2% 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 2023?

Discover Financial Services' stock was trading at $97.83 at the start of the year. Since then, DFS stock has decreased by 9.8% and is now trading at $88.24.
View the best growth stocks for 2023 here
.

Are investors shorting Discover Financial Services?

Discover Financial Services saw a decline in short interest in August. As of August 31st, there was short interest totaling 3,830,000 shares, a decline of 24.2% from the August 15th total of 5,050,000 shares. Based on an average daily trading volume, of 2,490,000 shares, the short-interest ratio is currently 1.5 days. Currently, 1.5% of the shares of the stock are sold short.
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 Monday, October 23rd 2023.
View our DFS earnings forecast
.

How were Discover Financial Services' earnings last quarter?

Discover Financial Services (NYSE:DFS) released its earnings results on Thursday, July, 20th. The financial services provider reported $3.54 earnings per share for the quarter, missing the consensus estimate 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 business's revenue for the quarter was up 20.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.96 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, July 19th. Shareholders 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 annualized dividend and a yield of 3.17%. The ex-dividend date is Wednesday, August 23rd.
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 3.15%. 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 declared that its board has initiated a stock buyback plan on Wednesday, April 19th 2023, which permits the company to buyback $2,700,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 9.8% of its stock through open market purchases. Stock buyback plans are usually a sign 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).

What is Discover Financial Services' stock symbol?

Discover Financial Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "DFS."

Who are Discover Financial Services' major shareholders?

Discover Financial Services' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Capital World Investors (8.45%), BlackRock Inc. (7.22%), State Street Corp (4.26%), Boston Partners (2.20%), Geode Capital Management LLC (2.18%) and Capital Research Global Investors (1.70%). 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.

What is Discover Financial Services' stock price today?

One share of DFS stock can currently be purchased for approximately $88.24.

How much money does Discover Financial Services make?

Discover Financial Services (NYSE:DFS) has a market capitalization of $22.06 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 9/21/2023 by MarketBeat.com Staff

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