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 2.00%. 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 announced that its Board of Directors has initiated a stock buyback program on Thursday, July 19th 2018, which permits the company to repurchase $3,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 11.9% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's leadership believes its stock is undervalued.

Discover Financial Services (NYSE:DFS) announced its earnings results on Thursday, July, 26th. The financial services provider reported $1.91 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.88 by $0.03. The financial services provider earned $2.60 billion during 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 firm's revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter last 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 brokerages have issued 12 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 $85.8538 in the next year. This suggests a possible upside of 7.3% 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), World Acceptance (WRLD), Enova International (ENVA), Oaktree Specialty Lending (OCSL), Regional Management (RM), Atlanticus (ATLC), Mr. Amazing Loans (MRAL), IEG (IEGH) and IEG (IEGH).

News headlines about DFS stock have trended somewhat positive recently, Accern reports. The research group identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Discover Financial Services earned a media and rumor sentiment score of 0.18 on Accern's scale. They also gave media headlines about the financial services provider an impact score of 46.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days. View Recent Headlines for Discover Financial Services.

Discover Financial Services' stock is owned by a variety of of institutional and retail 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 bought 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 $79.99.

Discover Financial Services has a market capitalization of $27.19 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]