NYSE:DFS - Discover Financial Services Stock Price, Price Target & More

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

Discover Financial Services announced a quarterly dividend on Friday, April 20th. Stockholders of record on Thursday, May 24th will be paid a dividend of $0.35 per share on Thursday, June 7th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date is Wednesday, May 23rd. View Discover Financial Services' Dividend History.

Discover Financial Services announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, July 26th 2017, which allows the company to repurchase $2,750,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 11.3% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its stock is undervalued.

Discover Financial Services (NYSE:DFS) released its quarterly earnings data on Thursday, April, 26th. The financial services provider reported $1.82 EPS for the quarter, topping analysts' consensus estimates of $1.77 by $0.05. The financial services provider earned $2.58 billion during the quarter, compared to analyst estimates of $2.58 billion. Discover Financial Services had a return on equity of 22.79% and a net margin of 18.43%. Discover Financial Services's revenue was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.43 earnings per share. View Discover Financial Services' Earnings History.

Discover Financial Services is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Discover Financial Services.

23 equities research analysts have issued twelve-month price targets for Discover Financial Services' shares. Their predictions range from $73.00 to $100.00. On average, they expect Discover Financial Services' stock price to reach $85.3965 in the next twelve months. This suggests a possible upside of 22.2% from the stock's current price. View Analyst Ratings for Discover Financial Services.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Discover Financial Services in the last year. There are currently 8 hold ratings, 14 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."

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

News coverage about DFS stock has been trending positive recently, according to Accern. The research firm identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Discover Financial Services earned a coverage optimism score of 0.28 on Accern's scale. They also assigned press coverage about the financial services provider an impact score of 45.74 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Discover Financial Services' stock is owned by a variety of of retail and institutional investors. Top institutional investors include NN Investment Partners Holdings N.V. (0.22%), Gateway Investment Advisers LLC (0.10%), Denali Advisors LLC (0.06%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.03%), LVM Capital Management Ltd. MI (0.03%) and Thompson Investment Management Inc. (0.02%). Company insiders that own Discover Financial Services stock include Carlos Minetti, Daniel Peter Capozzi, David W Nelms, Diane E Offereins, Edward W Mcgrogan, Glenn P Schneider, James V Panzarino, Julie A Loeger, Kathryn Mcnamara Corley, Lawrence A Weinbach, 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 NN Investment Partners Holdings N.V., Bremer Trust National Association, Fjarde AP Fonden Fourth Swedish National Pension Fund, Gateway Investment Advisers LLC and Thompson Investment Management Inc.. Company insiders that have sold Discover Financial Services company stock in the last year include Carlos Minetti, Daniel Peter Capozzi, David W Nelms, Diane E Offereins, Edward W Mcgrogan, Glenn P Schneider, Kathryn Mcnamara Corley, Mary K Bush, Michael H Moskow, R Mark Graf, Richard H Lenny 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 Osborn Williams & Donohoe LLC, Clinton Group Inc., FormulaFolio Investments LLC, Denali Advisors LLC, IFM Investors Pty Ltd, State of Alaska Department of Revenue, Manning & Napier Group LLC and LVM Capital Management Ltd. MI. 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 $69.89.

Discover Financial Services has a market capitalization of $24.09 billion and generates $11.55 billion in revenue each year. The financial services provider earns $2.10 billion in net income (profit) each year or $5.98 on an earnings per share basis. Discover Financial Services employs 16,500 workers across the globe.

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]