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S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
NYSE:DFS

Discover Financial Services Stock Forecast, Price & News

$99.17
+5.07 (+5.39%)
(As of 06/24/2022 12:00 AM ET)
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Today's Range
$95.41
$100.05
50-Day Range
$89.53
$120.58
52-Week Range
$88.02
$135.69
Volume
5.45 million shs
Average Volume
1.95 million shs
Market Capitalization
$27.86 billion
P/E Ratio
5.85
Dividend Yield
2.55%
Price Target
$138.17
30 days | 90 days | 365 days | Advanced Chart

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DFS Stock Forecast (MarketRank)

Overall MarketRank

3.33 out of 5 stars

Finance Sector

69th out of 1,364 stocks

Personal Credit Institutions Industry

1st out of 14 stocks

Analyst Opinion: 3.3Community Rank: 5.0Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
Discover Financial Services logo

About Discover Financial Services (NYSE:DFS)

Discover Financial Services, through its subsidiaries, provides digital banking products and services, and payment services in the United States. It operates in two segments, Digital Banking and Payment Services. The Digital Banking segment offers Discover-branded credit cards to individuals; private student loans, personal loans, home loans, and other consumer lending; and direct-to-consumer deposit products comprising savings accounts, certificates of deposit, money market accounts, IRA certificates of deposit, IRA savings accounts and checking accounts, and sweep accounts. The Payment Services segment operates the PULSE, an automated teller machine, debit, and electronic funds transfer network; and Diners Club International, a payments network that issues Diners Club branded charge cards and/or provides card acceptance services, as well as offers payment transaction processing and settlement services. The company was incorporated in 1960 and is based in Riverwoods, Illinois.

DFS Stock News Headlines

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Industry, Sector and Symbol

Industry
Personal credit institutions
Sub-Industry
Consumer Finance
Sector
Finance
CUSIP
25470910
Employees
16,700
Year Founded
1985

Company Calendar

Last Earnings
4/27/2022
Ex-Dividend for 6/9 Dividend
5/25/2022
Dividend Payable
6/09/2022
Today
6/25/2022
Next Earnings (Estimated)
7/20/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$138.17
High Stock Price Forecast
$158.00
Low Stock Price Forecast
$97.00
Forecasted Upside/Downside
+39.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.61538461538462
Research Coverage
13 Analysts

Profitability

Net Income
$5.45 billion
Pretax Margin
49.76%

Debt

Sales & Book Value

Annual Sales
$13.22 billion
Cash Flow
$20.45 per share
Book Value
$42.15 per share

Miscellaneous

Free Float
279,307,000
Market Cap
$27.86 billion
Optionable
Optionable
Beta
1.45

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Discover Financial Services Frequently Asked Questions

Should I buy or sell Discover Financial Services stock right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Discover Financial Services in the last year. There are currently 5 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" Discover Financial Services stock.
View analyst ratings for Discover Financial Services
or view top-rated stocks.

What is Discover Financial Services' stock price forecast for 2022?

13 brokers have issued twelve-month price targets for Discover Financial Services' shares. Their DFS stock forecasts range from $97.00 to $158.00. On average, they anticipate Discover Financial Services' stock price to reach $138.17 in the next twelve months. This suggests a possible upside of 39.3% from the stock's current price.
View analysts' price targets for Discover Financial Services
or view top-rated stocks among Wall Street analysts.

How has Discover Financial Services' stock price performed in 2022?

Discover Financial Services' stock was trading at $115.56 at the beginning of 2022. Since then, DFS shares have decreased by 14.2% and is now trading at $99.17.
View the best growth stocks for 2022 here
.

When is Discover Financial Services' next earnings date?

Discover Financial Services is scheduled to release its next quarterly earnings announcement on Wednesday, July 20th 2022.
View our earnings forecast for Discover Financial Services
.

How were Discover Financial Services' earnings last quarter?

Discover Financial Services (NYSE:DFS) released its quarterly earnings data on Wednesday, April, 27th. The financial services provider reported $4.22 EPS for the quarter, topping analysts' consensus estimates of $3.58 by $0.64. The financial services provider had revenue of $2.90 billion for the quarter, compared to analyst estimates of $2.99 billion. Discover Financial Services had a trailing twelve-month return on equity of 41.57% and a net margin of 38.42%. Discover Financial Services's revenue was up 3.8% on a year-over-year basis. During the same period in the prior year, the business posted $5.04 earnings per share.
View Discover Financial Services' earnings history
.

How often does Discover Financial Services pay dividends? What is the dividend yield for Discover Financial Services?

Discover Financial Services declared a quarterly dividend on Wednesday, April 27th. Investors of record on Thursday, May 26th will be given a dividend of $0.60 per share on Thursday, June 9th. This represents a $2.40 annualized dividend and a yield of 2.42%. The ex-dividend date of this dividend is Wednesday, May 25th. This is a positive change from Discover Financial Services's previous quarterly dividend of $0.50.
View Discover Financial Services' dividend history
.

Is Discover Financial Services a good dividend stock?

Discover Financial Services(NYSE:DFS) pays an annual dividend of $2.40 per share and currently has a dividend yield of 2.55%. Discover Financial Services has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Discover Financial Services is 14.16%. 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 16.27% next year. This indicates that Discover Financial Services will be able to sustain or increase its dividend.
View Discover Financial Services' dividend history.

How will Discover Financial Services' stock buyback program work?

Discover Financial Services declared that its Board of Directors has initiated a stock repurchase program on Wednesday, July 21st 2021, which permits the company to buyback $2,400,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 6.4% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its shares are undervalued.

Who are Discover Financial Services' key executives?

Discover Financial Services' management team includes the following people:

What is Roger Hochschild's approval rating as Discover Financial Services' CEO?

291 employees have rated Discover Financial Services CEO Roger Hochschild on Glassdoor.com. Roger Hochschild has an approval rating of 86% among Discover Financial Services' employees.

What other stocks do shareholders of Discover Financial Services own?

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), Walt Disney (DIS), Verizon Communications (VZ) and Visa (V).

What is Discover Financial Services' stock symbol?

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

Who are Discover Financial Services' major shareholders?

Discover Financial Services' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (12.66%), BlackRock Inc. (7.46%), Capital International Investors (7.12%), State Street Corp (4.70%), Capital World Investors (3.38%) and Boston Partners (1.58%). Company insiders that own Discover Financial Services stock include Brian Hughes, Carlos Minetti, Cynthia A Glassman, Daniel Peter Capozzi, Diane E Offereins, Edward W Mcgrogan, John Greene, Mary K Bush, Mary K Bush, Michael H Moskow, R Mark Graf, Robert Andrew Eichfeld, Roger C Hochschild, Shifra Kolsky and Wanjiku Juanita Walcott.
View institutional ownership trends for Discover Financial Services
.

Which major investors are selling Discover Financial Services stock?

DFS stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Ensign Peak Advisors Inc, Acadian Asset Management LLC, Bank of America Corp DE, Arrowstreet Capital Limited Partnership, State Street Corp, Principal Financial Group Inc., and Primecap Management Co. CA. Company insiders that have sold Discover Financial Services company stock in the last two years include Brian Hughes, Carlos Minetti, Cynthia A Glassman, Daniel Peter Capozzi, Diane E Offereins, John Greene, Mary K Bush, Michael H Moskow, Robert Andrew Eichfeld, Shifra Kolsky, and Wanjiku Juanita Walcott.
View insider buying and selling activity for Discover Financial Services
or view top insider-selling stocks.

Which major investors are buying Discover Financial Services stock?

DFS stock was acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Artemis Investment Management LLP, Goldman Sachs Group Inc., Polaris Wealth Advisory Group LLC, BlackRock Inc., Royal Bank of Canada, Dimensional Fund Advisors LP, and Strs Ohio.
View insider buying and selling activity for Discover Financial Services
or or view top insider-buying stocks.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Discover Financial Services' stock price today?

One share of DFS stock can currently be purchased for approximately $99.17.

How much money does Discover Financial Services make?

Discover Financial Services (NYSE:DFS) has a market capitalization of $27.86 billion and generates $13.22 billion in revenue each year. The financial services provider earns $5.45 billion in net income (profit) each year or $16.95 on an earnings per share basis.

How many employees does Discover Financial Services have?

Discover Financial Services employs 16,700 workers across the globe.

Does Discover Financial Services have any subsidiaries?

The following companies are subsidiares of Discover Financial Services: DFS Corporate Services LLC, DFS GSD Corp., DFS International Inc., DFS Services LLC, Diners Club International, Diners Club International Ltd., Diners Club Services Private Limited, Diners Club Taiwan Ltd., Discover Bank, Discover Financial Services (Canada) Inc., Discover Financial Services (Hong Kong) Limited, Discover Financial Services (UK) Limited, Discover Funding LLC, Discover Global Employment Company Private Limited, Discover Home Loans Inc., Discover Information Technology (Shanghai) Limited, Discover Products Inc., Discover Properties LLC, Discover Services Corporation, First National Bank Alaska, GTC Insurance Agency Inc., Home Loan Center, PULSE Network LLC, Student Loan Corporation, and The Student Loan Corporation.
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When was Discover Financial Services founded?

Discover Financial Services was founded in 1985.

How can I contact Discover Financial Services?

Discover Financial Services' mailing address is 2500 Lake Cook Road, Riverwoods IL, 60015. The official website for Discover Financial Services is www.discover.com. The financial services provider can be reached via phone at (224) 405-0900, via email at [email protected], or via fax at 224-405-4993.

This page (NYSE:DFS) was last updated on 6/25/2022 by MarketBeat.com Staff

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