Discover Financial Services Stock Price, News & Analysis (NYSE:DFS)

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. Investors 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 dividend on an annualized basis and a yield of 2.23%. View Discover Financial Services' Dividend History.

Discover Financial Services declared that its board has initiated a stock buyback program on Thursday, July 19th 2018, which allows the company to buyback $3,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 11.9% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its shares are undervalued.

Discover Financial Services (NYSE:DFS) announced its earnings results on Tuesday, July, 23rd. The financial services provider reported $2.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.11 by $0.21. The financial services provider had revenue of $2.98 billion for the quarter, compared to analysts' expectations of $2.81 billion. Discover Financial Services had a return on equity of 26.76% and a net margin of 21.00%. The company's quarterly revenue was up 12.9% on a year-over-year basis. During the same period in the previous year, the company earned $1.91 earnings per share. View Discover Financial Services' Earnings History.

Discover Financial Services is scheduled to release their next quarterly earnings announcement on Tuesday, October 22nd 2019. View Earnings Estimates for Discover Financial Services.

Discover Financial Services will be holding an earnings conference call on Tuesday, October 22nd 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 analysts have issued twelve-month price targets for Discover Financial Services' shares. Their predictions range from $56.00 to $97.00. On average, they expect Discover Financial Services' share price to reach $85.50 in the next twelve months. This suggests a possible upside of 8.3% 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 10 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Discover Financial Services.

News articles about DFS stock have been trending somewhat positive recently, according to InfoTrie. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Discover Financial Services earned a daily sentiment score of 0.8 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Discover Financial Services.

Discover Financial Services saw a decline in short interest in September. As of September 30th, there was short interest totalling 5,480,000 shares, a decline of 8.2% from the August 30th total of 5,970,000 shares. Based on an average daily trading volume, of 1,970,000 shares, the days-to-cover ratio is presently 2.8 days. Approximately 1.7% 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 Santander Consumer USA (SC), Credit Acceptance (CACC), OneMain (OMF), SLM (SLM), Nelnet (NNI), World Acceptance (WRLD), PROVIDENT FINL/S (FPLPY), Oaktree Specialty Lending (OCSL), Enova International (ENVA), Regional Management (RM), Atlanticus (ATLC) and Mr. Amazing Loans (MRAL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Discover Financial Services investors own include Intel (INTC), CVS Health (CVS), Visa (V), JPMorgan Chase & Co. (JPM), Verizon Communications (VZ), Cisco Systems (CSCO), AT&T (T), Walt Disney (DIS), Johnson & Johnson (JNJ) and Exxon Mobil (XOM).

Discover Financial Services' stock is owned by many different of institutional and retail investors. Top institutional investors include Robeco Institutional Asset Management B.V. (0.47%), Gateway Investment Advisers LLC (0.10%), Hexavest Inc. (0.09%), Envestnet Asset Management Inc. (0.09%), Arvest Bank Trust Division (0.08%) and Zurcher Kantonalbank Zurich Cantonalbank (0.06%). 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 Artemis Investment Management LLP, Crossmark Global Holdings Inc., Gateway Investment Advisers LLC, Assenagon Asset Management S.A., Tuttle Tactical Management, Meeder Asset Management Inc., Denali Advisors LLC and Oakbrook Investments 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 purchased by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Hexavest Inc., Winmill & CO. Inc., Bowling Portfolio Management LLC, Envestnet Asset Management Inc., State of Alaska Department of Revenue, LVM Capital Management Ltd. MI and Polaris Greystone Financial Group 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 $78.94.

Discover Financial Services has a market capitalization of $25.12 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]