NYSE:DFS - Discover Financial Services Stock Price, Forecast & News

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

Discover Financial Services declared a quarterly dividend on Thursday, October 17th. Shareholders of record on Thursday, November 21st will be given a dividend of $0.44 per share on Thursday, December 5th. This represents a $1.76 annualized dividend and a yield of 2.08%. The ex-dividend date is Wednesday, November 20th. View Discover Financial Services' Dividend History.

Discover Financial Services declared that its board has approved a stock repurchase program on Thursday, July 19th 2018, which authorizes the company to repurchase $3,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 11.9% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's board believes its shares are undervalued.

Discover Financial Services (NYSE:DFS) announced its quarterly earnings results on Tuesday, October, 22nd. The financial services provider reported $2.36 EPS for the quarter, topping the consensus estimate of $2.29 by $0.07. The financial services provider had revenue of $2.90 billion for the quarter, compared to analyst estimates of $2.89 billion. Discover Financial Services had a net margin of 20.97% and a return on equity of 26.79%. The firm's revenue was up 6.5% compared to the same quarter last year. During the same period last year, the business posted $2.05 earnings per share. View Discover Financial Services' Earnings History.

Discover Financial Services is scheduled to release their next quarterly earnings announcement on Thursday, January 23rd 2020. View Earnings Estimates for Discover Financial Services.

Discover Financial Services will be holding an earnings conference call on Thursday, January 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

17 equities research analysts have issued 1 year target prices for Discover Financial Services' shares. Their forecasts range from $56.00 to $99.00. On average, they expect Discover Financial Services' share price to reach $86.67 in the next year. This suggests a possible upside of 2.6% 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 9 hold ratings and 8 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 positive on Saturday, InfoTrie reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Discover Financial Services earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Discover Financial Services.

Discover Financial Services saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 5,780,000 shares, an increase of 17.7% from the December 15th total of 4,910,000 shares. Based on an average daily trading volume, of 1,500,000 shares, the days-to-cover ratio is currently 3.9 days. Currently, 1.9% of the shares of the company are sold short. View Discover Financial Services' Current Options Chain.

Some companies that are related to Discover Financial Services include American Express (AXP), Capital One Financial (COF), Credit Acceptance (CACC), SLM (SLM), FirstCash (FCFS), Nelnet (NNI), Pra Group (PRAA), Green Dot (GDOT), Encore Capital Group (ECPG), World Acceptance (WRLD), EZCORP (EZPW), Regional Management (RM), Nicholas Financial (NICK) and Asta Funding (ASFI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Discover Financial Services investors own include CVS Health (CVS), Visa (V), JPMorgan Chase & Co. (JPM), Walt Disney (DIS), Cisco Systems (CSCO), Intel (INTC), Verizon Communications (vz), AT&T (T), Bank of America (BAC) and AbbVie (ABBV).

Discover Financial Services' stock is owned by many different of institutional and retail investors. Top institutional investors include Boston Trust Walden Corp (0.15%), PGGM Investments (0.14%), Hexavest Inc. (0.13%), Wedge Capital Management L L P NC (0.12%), Gateway Investment Advisers LLC (0.09%) and Artemis Investment Management LLP (0.09%). 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 Gateway Investment Advisers LLC, DNB Asset Management AS, LVM Capital Management Ltd. MI, United Services Automobile Association, State of Alaska Department of Revenue, Arvest Bank Trust Division, First Hawaiian Bank and Nisa Investment Advisors LLC. 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 Hexavest Inc., Artemis Investment Management LLP, PGGM Investments, Wedge Capital Management L L P NC, Winmill & CO. Inc., Meag Munich Ergo Kapitalanlagegesellschaft MBH, Trinity Legacy Partners LLC and Bowling Portfolio Management LLC. 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 $84.44.

Discover Financial Services has a market capitalization of $26.47 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]