NYSE:DFS

Discover Financial Services Stock Forecast, Price & News

$124.74
+1.73 (+1.41 %)
(As of 07/26/2021 12:00 AM ET)
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Today's Range
$123.00
$125.50
50-Day Range
$113.97
$126.59
52-Week Range
$48.36
$127.65
Volume1.87 million shs
Average Volume2.32 million shs
Market Capitalization$38.03 billion
P/E Ratio7.98
Dividend Yield1.43%
Beta1.83
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Discover Financial Services logo

About Discover Financial Services

Discover Financial Services, through its subsidiaries, operates as a digital banking and payment services company 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; and other consumer products and services, including private student loans, personal loans, home loans, and other consumer lending, as well as deposit products, such as certificates of deposit, money market accounts, IRA certificates of deposit, IRA savings accounts, checking accounts, and sweep accounts. The Payment Services segment operates the PULSE network, an automated teller machine, debit, and electronic funds transfer network; Diners Club International, a payments network that issues Diners Club branded charge cards and/or provides card acceptance services; and Discover Network that processes transactions for Discover-branded credit and debit cards, as well as offers payment transaction processing and settlement services. Discover has strategic network alliance agreement with Arab Financial Services. The company was incorporated in 1960 and is based in Riverwoods, Illinois.

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MarketRank

Overall MarketRank

2.26 out of 5 stars

Finance Sector

165th out of 4,068 stocks

Personal Credit Institutions Industry

5th out of 32 stocks

Analyst Opinion: 2.3Community Rank: 3.2Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
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Discover Financial Services (NYSE:DFS) Frequently Asked Questions

Is Discover Financial Services a buy right now?

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Discover Financial Services in the last twelve months. There are currently 7 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Discover Financial Services stock.
View analyst ratings for Discover Financial Services
or view top-rated stocks.

What stocks does MarketBeat like better than Discover Financial Services?

Wall Street analysts have given Discover Financial Services a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Discover Financial Services wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Discover Financial Services' next earnings date?

Discover Financial Services is scheduled to release its next quarterly earnings announcement on Wednesday, October 20th 2021.
View our earnings forecast for Discover Financial Services
.

How were Discover Financial Services' earnings last quarter?

Discover Financial Services (NYSE:DFS) announced its earnings results on Tuesday, July, 20th. The financial services provider reported $5.55 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $3.68 by $1.87. The financial services provider had revenue of $3.58 billion for the quarter, compared to analysts' expectations of $3.01 billion. Discover Financial Services had a net margin of 36.50% and a trailing twelve-month return on equity of 44.91%. The firm's revenue was up 34.4% on a year-over-year basis. During the same period last year, the company posted ($1.20) EPS.
View Discover Financial Services' earnings history
.

How has Discover Financial Services' stock price been impacted by Coronavirus?

Discover Financial Services' stock was trading at $53.20 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, DFS stock has increased by 134.5% and is now trading at $124.74.
View which stocks have been most impacted by COVID-19
.

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

Discover Financial Services announced a quarterly dividend on Wednesday, July 21st. Investors of record on Thursday, August 19th will be paid a dividend of $0.50 per share on Thursday, September 2nd. This represents a $2.00 dividend on an annualized basis and a yield of 1.60%. The ex-dividend date is Wednesday, August 18th. This is a positive change from Discover Financial Services's previous quarterly dividend of $0.44.
View Discover Financial Services' dividend history
.

Is Discover Financial Services a good dividend stock?

Discover Financial Services pays an annual dividend of $1.76 per share and currently has a dividend yield of 1.43%. Discover Financial Services does not yet have a strong track record of dividend growth. The dividend payout ratio of Discover Financial Services is 48.89%. 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 14.68% 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 authorized a share repurchase program on Wednesday, July 21st 2021, which allows the company to repurchase $2,400,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 6.4% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board of directors believes its stock is undervalued.

What price target have analysts set for DFS?

15 Wall Street analysts have issued twelve-month price targets for Discover Financial Services' stock. Their forecasts range from $76.00 to $154.00. On average, they expect Discover Financial Services' stock price to reach $118.21 in the next twelve months. This suggests that the stock has a possible downside of 5.2%.
View analysts' price targets for Discover Financial Services
or view top-rated stocks among Wall Street analysts.

Who are Discover Financial Services' key executives?

Discover Financial Services' management team includes the following people:
  • Mr. Roger Crosby Hochschild, CEO, Pres & Director (Age 56, Pay $2.96M)
  • Mr. John Thomas Greene, Exec. VP & CFO (Age 55, Pay $1.6M)
  • Mr. Carlos M. Minetti, Exec. VP & Pres of Consumer Banking (Age 58, Pay $1.68M)
  • Ms. Diane E. Offereins, Exec. VP & Pres of Payment Services (Age 63, Pay $1.61M) (LinkedIn Profile)
  • Ms. Shifra Kolsky, Chief Accounting Officer, Sr. VP & Controller
  • Mr. Amir S. Arooni, Exec. VP & Chief Information Officer (Age 56)
  • Mr. R. Andrew Eichfeld, Exec. VP and Chief HR & Admin. Officer (Age 51)
  • Mr. Eric Edmund Wasserstrom, Head of Investor Relations
  • Ms. Wanjiku Juanita Walcott, Exec. VP, Chief Legal Officer & Gen. Counsel (Age 50)
  • Ms. Leslie Sutton, VP of Corp. Communications

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.

Who are some of Discover Financial Services' key competitors?

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), The 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 many different institutional and retail investors. Top institutional investors include Scout Investments Inc. (0.08%), Gradient Investments LLC (0.06%), Insight Folios Inc (0.02%), State of Alaska Department of Revenue (0.02%), IFM Investors Pty Ltd (0.01%) and CHICAGO TRUST Co NA (0.01%). Company insiders that own Discover Financial Services stock include Brian Hughes, Carlos Minetti, Daniel Peter Capozzi, Diane E Offereins, John Greene, Mary K Bush, Michael H Moskow, Robert Andrew Eichfeld, Roger C Hochschild 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 Scout Investments Inc., Gradient Investments LLC, Insight Folios Inc, CHICAGO TRUST Co NA, Fulton Bank N.A., and Raymond James Trust N.A.. Company insiders that have sold Discover Financial Services company stock in the last year include Brian Hughes, Carlos Minetti, Daniel Peter Capozzi, Diane E Offereins, Mary K Bush, Michael H Moskow, and Robert Andrew Eichfeld.
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 bought by a variety of institutional investors in the last quarter, including IFM Investors Pty Ltd, State of Alaska Department of Revenue, Pflug Koory LLC, New Mexico Educational Retirement Board, Stratos Wealth Partners LTD., Veracity Capital LLC, and Trust Investment Advisors. Company insiders that have bought Discover Financial Services stock in the last two years include John Greene, Robert Andrew Eichfeld, Roger C Hochschild, and Wanjiku Juanita Walcott.
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 $124.74.

How much money does Discover Financial Services make?

Discover Financial Services has a market capitalization of $38.03 billion and generates $12.95 billion in revenue each year. The financial services provider earns $1.14 billion in net income (profit) each year or $3.60 on an earnings per share basis.

How many employees does Discover Financial Services have?

Discover Financial Services employs 17,600 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.

When was Discover Financial Services founded?

Discover Financial Services was founded in 1985.

What is Discover Financial Services' official website?

The official website for Discover Financial Services is www.discover.com.

Where are Discover Financial Services' headquarters?

Discover Financial Services is headquartered at 2500 Lake Cook Road, Riverwoods IL, 60015.

How can I contact Discover Financial Services?

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]


This page was last updated on 7/26/2021 by MarketBeat.com Staff
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