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S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
These 2 Healthcare Stocks Have Doubled in 2023
Pfizer Stock: What the Bulls and Bears are Getting Wrong
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Bed Bath & Beyond Is Circling the Drain
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
AMD Results Are No Reason To Buy Semiconductors... Yet
Institutions are Buying up Procter & Gamble Shares, Should you?
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
These 2 Healthcare Stocks Have Doubled in 2023
Pfizer Stock: What the Bulls and Bears are Getting Wrong
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Bed Bath & Beyond Is Circling the Drain
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
AMD Results Are No Reason To Buy Semiconductors... Yet
Institutions are Buying up Procter & Gamble Shares, Should you?
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
These 2 Healthcare Stocks Have Doubled in 2023
Pfizer Stock: What the Bulls and Bears are Getting Wrong
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Bed Bath & Beyond Is Circling the Drain
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
AMD Results Are No Reason To Buy Semiconductors... Yet
Institutions are Buying up Procter & Gamble Shares, Should you?
NYSE:DFS

Discover Financial Services - DFS Stock Forecast, Price & News

$115.83
-0.90 (-0.77%)
(As of 02/1/2023 12:00 AM ET)
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Compare
Today's Range
$112.47
$117.33
50-Day Range
$95.17
$117.57
52-Week Range
$87.64
$129.12
Volume
3.90 million shs
Average Volume
3.13 million shs
Market Capitalization
$31.65 billion
P/E Ratio
7.48
Dividend Yield
2.10%
Price Target
$118.57

Discover Financial Services MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
2.4% Upside
$118.57 Price Target
Short Interest
Healthy
1.87% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.24
Upright™ Environmental Score
News Sentiment
0.34mentions of Discover Financial Services in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$135,684 Sold Last Quarter
Proj. Earnings Growth
2.93%
From $14.00 to $14.41 Per Share

Overall MarketRank

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

2.67 out of 5 stars

Finance Sector

171st out of 895 stocks

Personal Credit Institutions Industry

3rd out of 13 stocks


DFS stock logo

About Discover Financial Services (NYSE:DFS) Stock

Discover Financial Services is a holding company, which engages in the provision of direct banking and payment services. It operates through the Direct Banking and Payment Services segments. The Direct Banking segment offers Discover-branded credit cards issued to individuals on the Discover Network and other consumer products and services, including private student loans, personal loans, home loans, and other consumer lending and deposit products. The Payment Services segment includes PULSE, Diners Club, and the company's network partners business, which includes credit, debit, and prepaid cards issued on the Discover Network. The company was founded in 1986 and is headquartered in Riverwoods, IL.

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DFS Stock News Headlines

Capital One Stock: Will Subprime Borrowers Spoil the Rally? (DFS)
Financial services holding company Capital One Financial Co. (NYSE: COF) stock has been hit due to its exposure to subprime borrowers. As the economy contracts
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Discover Financial Services (NYSE:DFS) PT Raised to $118.00
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Is Visa Stock a Buy Going into Earnings?
BMO Capital Keeps Their Hold Rating on Discover Financial Services (DFS)
Why Upstart Was Falling Hard Today
See More Headlines
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DFS Company Calendar

Ex-Dividend for 12/8 Dividend
11/22/2022
Dividend Payable
12/08/2022
Last Earnings
1/19/2023
Today
2/02/2023
Ex-Dividend for 3/9 Dividend
2/22/2023
Dividend Payable
3/09/2023
Next Earnings (Estimated)
4/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Personal credit institutions
Sub-Industry
Consumer Finance
Sector
Finance
CUSIP
25470910
Employees
16,700
Year Founded
1985

Price Target and Rating

Average Stock Price Forecast
$118.57
High Stock Price Forecast
$140.00
Low Stock Price Forecast
$97.00
Forecasted Upside/Downside
+2.4%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
12 Analysts

Profitability

Net Income
$4.39 billion
Pretax Margin
37.77%

Debt

Sales & Book Value

Annual Sales
$15.20 billion
Cash Flow
$19.63 per share
Book Value
$53.40 per share

Miscellaneous

Free Float
271,614,000
Market Cap
$31.65 billion
Optionable
Optionable
Beta
1.41

Social Links


Key Executives

  • Roger C. Hochschild
    President, Chief Executive Officer & Director
  • John T. GreeneJohn T. Greene
    Chief Financial Officer & Executive Vice President
  • Amir S. Arooni
    Chief Information Officer & Executive VP
  • Carlos M. MinettiCarlos M. Minetti
    Executive VP, President-Consumer Banking
  • Peter Daniel Capozzi
    Executive VP & President-US Cards













DFS Stock - Frequently Asked Questions

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

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Discover Financial Services in the last year. There are currently 1 sell rating, 7 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?

12 brokerages have issued 1 year price targets for Discover Financial Services' shares. Their DFS share price forecasts range from $97.00 to $140.00. On average, they expect the company's share price to reach $118.57 in the next twelve months. This suggests a possible upside of 2.4% 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 18.4% and is now trading at $115.83.
View the best growth stocks for 2023 here
.

Are investors shorting Discover Financial Services?

Discover Financial Services saw a increase in short interest during the month of December. As of December 30th, there was short interest totaling 4,700,000 shares, an increase of 43.3% from the December 15th total of 3,280,000 shares. Based on an average daily trading volume, of 1,950,000 shares, the days-to-cover ratio is currently 2.4 days. Currently, 1.7% of the company's 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 Wednesday, April 26th 2023.
View our DFS earnings forecast
.

How were Discover Financial Services' earnings last quarter?

Discover Financial Services (NYSE:DFS) posted its earnings results on Thursday, January, 19th. The financial services provider reported $3.77 earnings per share for the quarter, beating the consensus estimate of $3.58 by $0.19. The financial services provider earned $3.73 billion during the quarter, compared to analysts' expectations of $3.68 billion. Discover Financial Services had a trailing twelve-month return on equity of 33.21% and a net margin of 28.89%. Discover Financial Services's revenue for the quarter was up 27.1% on a year-over-year basis. During the same period last year, the business posted $3.64 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, January 18th. Investors of record on Thursday, February 23rd will be paid a dividend of $0.60 per share on Thursday, March 9th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.07%. The ex-dividend date is Wednesday, February 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 $2.40 per share and currently has a dividend yield of 2.10%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 15.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DFS will have a dividend payout ratio of 16.66% 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 has initiated a share buyback plan on Wednesday, July 21st 2021, which permits the company to repurchase $2,400,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 6.4% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board 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).

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 many different retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.66%), Sumitomo Mitsui Trust Holdings Inc. (0.31%), Bank of Montreal Can (0.16%), M&G Investment Management Ltd. (0.14%), New York State Teachers Retirement System (0.13%) and Smith Chas P & Associates PA Cpas (0.12%). Insiders that own company stock include Brian Hughes, Carlos Minetti, Cynthia A Glassman, Daniel Peter Capozzi, Diane E Offereins, John Greene, Mary K Bush, 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 $115.83.

How much money does Discover Financial Services make?

Discover Financial Services (NYSE:DFS) has a market capitalization of $31.65 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 $15.49 on an earnings per share basis.

How many employees does Discover Financial Services have?

The company employs 16,700 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 2/2/2023 by MarketBeat.com Staff