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

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

Discover Financial Services announced a quarterly dividend on Thursday, July 18th. Shareholders of record on Thursday, August 22nd will be paid a dividend of $0.44 per share on Thursday, September 5th. This represents a $1.76 annualized dividend and a yield of 2.12%. The ex-dividend date of this dividend is Wednesday, August 21st. This is an increase from Discover Financial Services's previous quarterly dividend of $0.40. View Discover Financial Services' Dividend History.

Discover Financial Services announced that its Board of Directors has authorized a stock buyback plan on Thursday, July 19th 2018, which allows the company to repurchase $3,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 11.9% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's management believes its shares are undervalued.

Discover Financial Services (NYSE:DFS) issued its quarterly earnings data on Tuesday, July, 23rd. The financial services provider reported $2.32 EPS for the quarter, beating the Zacks' consensus estimate of $2.11 by $0.21. The financial services provider had revenue of $2.98 billion for the quarter, compared to analysts' expectations of $2.81 billion. Discover Financial Services had a net margin of 21.00% and a return on equity of 26.76%. The business's quarterly revenue was up 12.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.91 EPS. View Discover Financial Services' Earnings History.

Discover Financial Services is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Discover Financial Services.

17 Wall Street analysts have issued 1-year price targets for Discover Financial Services' stock. Their predictions range from $56.00 to $97.00. On average, they expect Discover Financial Services' share price to reach $85.50 in the next year. This suggests a possible upside of 3.1% from the stock's current price. View Analyst Price Targets for Discover Financial Services.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Discover Financial Services in the last year. There are currently 10 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Discover Financial Services.

News coverage about DFS stock has trended somewhat negative this week, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Discover Financial Services earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Discover Financial Services.

Discover Financial Services saw a increase in short interest in August. As of August 31st, there was short interest totalling 6,515,900 shares, an increase of 13.5% from the July 31st total of 5,738,600 shares. Based on an average trading volume of 1,940,000 shares, the short-interest ratio is currently 3.4 days. Currently, 2.1% of the shares of the stock are short sold. View Discover Financial Services' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Discover Financial Services investors own include Intel (INTC), CVS Health (CVS), Visa (v), Verizon Communications (vz), Cisco Systems (CSCO), JPMorgan Chase & Co. (JPM), AT&T (t), Exxon Mobil (XOM), Wells Fargo & Co (wfc) and Walt Disney (DIS).

Discover Financial Services' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.96%), BlackRock Inc. (7.77%), BlackRock Inc. (7.77%), Primecap Management Co. CA (4.06%), Boston Partners (2.71%) and LSV Asset Management (1.91%). 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, 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 Boston Partners, Amundi Pioneer Asset Management Inc., Diamond Hill Capital Management Inc., Eaton Vance Management, Morgan Stanley, DekaBank Deutsche Girozentrale, Bank of New York Mellon Corp and LSV Asset Management. Company insiders that have sold Discover Financial Services company stock in the last year include Carlos Minetti, Cynthia A Glassman, Daniel Peter Capozzi, David W Nelms, Diane E Offereins, Edward W Mcgrogan, Glenn P Schneider, Kathryn Mcnamara Corley, Mary K Bush, Michael H Moskow and R Mark Graf. View Insider Buying and Selling for Discover Financial Services.

DFS stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, AQR Capital Management LLC, BlackRock Inc., BlackRock Inc., Schroder Investment Management Group, JPMorgan Chase & Co., Holocene Advisors LP and MUFG Securities EMEA plc. 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, Robinhood, Fidelity and Charles Schwab.

One share of DFS stock can currently be purchased for approximately $82.94.

Discover Financial Services has a market capitalization of $26.39 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.View Additional Information About Discover Financial Services.

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]