Discover Financial Services Stock Forecast, Price & News

Discover Financial Services' stock was trading at $53.20 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, DFS stock has increased by 73.4% and is now trading at $92.27.
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18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Discover Financial Services in the last twelve months. There are currently 8 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Discover Financial Services stock.
View analyst ratings for Discover Financial Services or view MarketBeat's top 5 stock picks.

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6,978 employees have rated Discover Financial Services CEO Larry J. Merlo on Glassdoor.com. Larry J. Merlo has an approval rating of 37% among Discover Financial Services' employees. This puts Larry J. Merlo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Discover Financial Services is scheduled to release its next quarterly earnings announcement on Wednesday, April 28th 2021.
View our earnings forecast for Discover Financial Services.

Discover Financial Services (NYSE:DFS) announced its quarterly earnings data on Tuesday, January, 19th. The financial services provider reported $2.59 earnings per share for the quarter, beating the consensus estimate of $2.42 by $0.17. The financial services provider earned $2.82 billion during the quarter, compared to analysts' expectations of $2.81 billion. Discover Financial Services had a return on equity of 11.00% and a net margin of 7.89%. Discover Financial Services's revenue for the quarter was down 4.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.25 EPS.
View Discover Financial Services' earnings history.

Discover Financial Services declared a quarterly dividend on Tuesday, January 19th. Investors of record on Thursday, February 18th will be paid a dividend of $0.44 per share on Thursday, March 4th. This represents a $1.76 annualized dividend and a dividend yield of 1.91%. The ex-dividend date is Wednesday, February 17th.
View Discover Financial Services' dividend history.

Discover Financial Services pays an annual dividend of $1.76 per share and currently has a dividend yield of 1.87%. The dividend payout ratio of Discover Financial Services is 19.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Discover Financial Services will have a dividend payout ratio of 22.03% next year. This indicates that Discover Financial Services will be able to sustain or increase its dividend.
View Discover Financial Services' dividend history.

18 Wall Street analysts have issued 1 year target prices for Discover Financial Services' stock. Their forecasts range from $32.00 to $115.00. On average, they anticipate Discover Financial Services' share price to reach $85.12 in the next twelve months. This suggests that the stock has a possible downside of 7.8%.
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Some companies that are related to Discover Financial Services include American Express (AXP), Capital One Financial (COF), Credit Acceptance (CACC), SLM (SLM), Green Dot (GDOT), Nelnet (NNI), PRA Group (PRAA), Encore Capital Group (ECPG), World Acceptance (WRLD), Regional Management (RM), EZCORP (EZPW) and Nicholas Financial (NICK).
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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), The Walt Disney (DIS), Verizon Communications (VZ) and Visa (V).

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

Discover Financial Services' stock is owned by many different institutional and retail investors. Top institutional shareholders include Atalanta Sosnoff Capital LLC (0.38%), Scout Investments Inc. (0.12%), Wedge Capital Management L L P NC (0.09%), Gradient Investments LLC (0.09%), Gateway Investment Advisers LLC (0.07%) and Nepsis Inc. (0.04%). 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, John Greene, Kathryn Mcnamara Corley, Mary K Bush, Michael H Moskow, R Mark Graf, Robert Andrew Eichfeld, Roger C Hochschild and Wanjiku Juanita Walcott.
View institutional ownership trends for Discover Financial Services.

DFS stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Nepsis Inc., Candriam Luxembourg S.C.A., Valicenti Advisory Services Inc., Smith Graham & Co. Investment Advisors LP, HGK Asset Management Inc., Gateway Investment Advisers LLC, and Thompson Investment Management Inc.. Company insiders that have sold Discover Financial Services company stock in the last year include Mary K Bush, and Robert Andrew Eichfeld.
View insider buying and selling activity for Discover Financial Services or view top insider-selling stocks.

DFS stock was purchased by a variety of institutional investors in the last quarter, including Atalanta Sosnoff Capital LLC, Scout Investments Inc., Engrave Wealth Partners LLC, Vision Capital Management Inc., Kestra Advisory Services LLC, Park Avenue Securities LLC, BKD Wealth Advisors LLC, and IFM Investors Pty Ltd. Company insiders that have bought Discover Financial Services stock in the last two years include John Greene, Robert Andrew Eichfeld, Roger C Hochschild, and Wanjiku Juanita Walcott.
View insider buying and selling activity for Discover Financial Services or or view top insider-buying stocks.

Shares of DFS 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.

One share of DFS stock can currently be purchased for approximately $92.27.

Discover Financial Services has a market capitalization of $28.28 billion and generates $13.99 billion in revenue each year. The financial services provider earns $2.96 billion in net income (profit) each year or $9.08 on an earnings per share basis. Discover Financial Services employs 17,200 workers across the globe.

The official website for Discover Financial Services is 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]