NYSE:DFS - Discover Financial Services Stock Price, News, & Analysis

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

Discover Financial Services declared a quarterly dividend on Thursday, January 17th. Shareholders of record on Thursday, February 21st will be paid a dividend of $0.40 per share on Thursday, March 7th. This represents a $1.60 dividend on an annualized basis and a yield of 2.29%. The ex-dividend date of this dividend is Wednesday, February 20th. View Discover Financial Services' Dividend History.

Discover Financial Services declared that its Board of Directors has authorized a share buyback plan on Thursday, July 19th 2018, which authorizes the company to repurchase $3,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 11.9% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board believes its stock is undervalued.

Discover Financial Services (NYSE:DFS) released its quarterly earnings results on Thursday, January, 24th. The financial services provider reported $2.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.09 by $0.06. The financial services provider earned $2.81 billion during the quarter, compared to analyst estimates of $2.81 billion. Discover Financial Services had a net margin of 21.25% and a return on equity of 26.22%. The business's revenue was up 7.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.51 earnings per share. View Discover Financial Services' Earnings History.

Discover Financial Services is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for Discover Financial Services.

14 Wall Street analysts have issued twelve-month price objectives for Discover Financial Services' stock. Their forecasts range from $74.00 to $91.00. On average, they expect Discover Financial Services' stock price to reach $81.8408 in the next twelve months. This suggests a possible upside of 17.3% from the stock's current price. View Analyst Price Targets for Discover Financial Services.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Discover Financial Services in the last year. There are currently 7 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Discover Financial Services.

Media stories about DFS stock have trended somewhat negative on Tuesday, InfoTrie Sentiment reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Discover Financial Services earned a coverage optimism score of -1.1 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the immediate future.

Some companies that are related to Discover Financial Services include Credit Acceptance (CACC), Santander Consumer USA (SC), SLM (SLM), OneMain (OMF), Nelnet (NNI), PROVIDENT FINL/S (FPLPY), World Acceptance (WRLD), Enova International (ENVA), Oaktree Specialty Lending (OCSL), Regional Management (RM), Atlanticus (ATLC), Mr. Amazing Loans (MRAL) and IEG (IEGH).

Based on aggregate information from My MarketBeat watchlists, some companies that other Discover Financial Services investors own include Intel (INTC), Visa (V), JPMorgan Chase & Co. (JPM), Wells Fargo & Co (WFC), Cisco Systems (CSCO), Exxon Mobil (XOM), Gilead Sciences (GILD), Bank of America (BAC), General Electric (GE) and Verizon Communications (VZ).

Discover Financial Services' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.68%), Boston Partners (3.70%), FMR LLC (2.71%), LSV Asset Management (1.97%), Diamond Hill Capital Management Inc. (1.95%) and Geode Capital Management LLC (1.40%). Company insiders that own Discover Financial Services stock include Carlos Minetti, Cynthia A Glassman, Daniel Peter Capozzi, David W Nelms, Diane E Offereins, Edward W Mcgrogan, Glenn P Schneider, James V Panzarino, Julie A Loeger, Kathryn Mcnamara Corley, Mary K Bush, Michael H Moskow, Michele Marrandino, R Mark Graf, Richard H Lenny and Roger C Hochschild. View Institutional Ownership Trends for Discover Financial Services.

DFS stock was sold by a variety of institutional investors in the last quarter, including Epoch Investment Partners Inc., TD Asset Management Inc., Massachusetts Financial Services Co. MA, Diamond Hill Capital Management Inc., Barrow Hanley Mewhinney & Strauss LLC, Bank of New York Mellon Corp, Canada Pension Plan Investment Board and Boston Partners. Company insiders that have sold Discover Financial Services company stock in the last year include Carlos Minetti, Cynthia A Glassman, David W Nelms, Diane E Offereins, Edward W Mcgrogan, Glenn P Schneider, Kathryn Mcnamara Corley, Mary K Bush, Michael H Moskow and Roger C Hochschild. View Insider Buying and Selling for Discover Financial Services.

DFS stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Oregon Public Employees Retirement Fund, Principal Financial Group Inc., MERIAN GLOBAL INVESTORS UK Ltd, Squarepoint Ops LLC, Bank of Montreal Can, APG Asset Management N.V. and Eaton Vance Management. Company insiders that have bought Discover Financial Services stock in the last two years include Michele Marrandino and Roger C Hochschild. View Insider Buying and Selling for Discover Financial Services.

Shares of DFS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of DFS stock can currently be purchased for approximately $69.76.

Discover Financial Services has a market capitalization of $22.91 billion and generates $12.85 billion in revenue each year. The financial services provider earns $2.74 billion in net income (profit) each year or $7.79 on an earnings per share basis. Discover Financial Services employs 16,600 workers across the globe.

The official website for Discover Financial Services is http://www.discover.com.

Discover Financial Services' mailing address is 2500 Lake Cook Road, Riverwoods IL, 60015. The financial services provider can be reached via phone at 224-405-0900 or via email at [email protected]