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 announced a quarterly dividend on Thursday, July 19th. Stockholders of record on Thursday, August 23rd will be given a dividend of $0.40 per share on Thursday, September 6th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date of this dividend is Wednesday, August 22nd. This is a boost from Discover Financial Services's previous quarterly dividend of $0.35. View Discover Financial Services' Dividend History.

Discover Financial Services declared that its board has initiated a share repurchase plan on Thursday, July 19th 2018, which permits the company to buyback $3,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 11.9% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board believes its shares are undervalued.

Discover Financial Services (NYSE:DFS) released its quarterly earnings data on Thursday, July, 26th. The financial services provider reported $1.91 earnings per share for the quarter, beating analysts' consensus estimates of $1.88 by $0.03. The financial services provider had revenue of $2.60 billion for the quarter, compared to the consensus estimate of $2.63 billion. Discover Financial Services had a net margin of 19.07% and a return on equity of 24.25%. The company's revenue was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.40 earnings per share. View Discover Financial Services' Earnings History.

Discover Financial Services is scheduled to release their next quarterly earnings announcement on Tuesday, October, 23rd 2018. View Earnings Estimates for Discover Financial Services.

23 equities research analysts have issued 12 month price objectives for Discover Financial Services' shares. Their forecasts range from $73.00 to $100.00. On average, they expect Discover Financial Services' share price to reach $85.4252 in the next year. This suggests a possible upside of 9.6% from the stock's current price. View Analyst Price Targets 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." View Analyst Ratings for Discover Financial Services.

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), Enova International (ENVA), World Acceptance (WRLD), Oaktree Specialty Lending (OCSL), Regional Management (RM), Atlanticus (ATLC), IEG (IEGH), IEG (IEGH) and Mr. Amazing Loans (MRAL).

News headlines about DFS stock have been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Discover Financial Services earned a coverage optimism score of 0.16 on Accern's scale. They also assigned press coverage about the financial services provider an impact score of 46.12 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. View Recent Headlines for Discover Financial Services.

Discover Financial Services' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.71%), Boston Partners (3.62%), FMR LLC (3.25%), Diamond Hill Capital Management Inc. (2.22%), LSV Asset Management (1.99%) and Morgan Stanley (1.42%). 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 FMR LLC, Artisan Partners Limited Partnership, BlackRock Inc., Epoch Investment Partners Inc., Columbus Hill Capital Management L.P., TD Asset Management Inc., Nomura Holdings Inc. and DF Dent & Co. 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 acquired by a variety of institutional investors in the last quarter, including American Century Companies Inc., Millennium Management LLC, Morgan Stanley, Worldquant Millennium Quantitative Strategies LLC, Janus Henderson Group PLC, Renaissance Technologies LLC, Standard Life Aberdeen plc and Robeco Institutional Asset Management B.V.. 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 $77.92.

Discover Financial Services has a market capitalization of $25.53 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]