Discover Financial Services Stock Forecast, Price & News

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Discover Financial Services in the last year. There are currently 8 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Discover Financial Services stock.
View analyst ratings for Discover Financial Services or view top-rated stocks.

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Discover Financial Services saw a decrease in short interest during the month of January. As of January 29th, there was short interest totaling 3,870,000 shares, a decrease of 29.9% from the January 14th total of 5,520,000 shares. Based on an average daily volume of 2,800,000 shares, the days-to-cover ratio is currently 1.4 days. Currently, 1.3% of the company's stock are short sold.
View Discover Financial Services' Short Interest.

Discover Financial Services is scheduled to release its next quarterly earnings announcement on Wednesday, April 28th 2021.
View our earnings forecast for Discover Financial Services.

Discover Financial Services (NYSE:DFS) released its quarterly earnings results on Tuesday, January, 19th. The financial services provider reported $2.59 earnings per share for the quarter, beating the Zacks' consensus estimate of $2.42 by $0.17. The financial services provider earned $2.82 billion during the quarter, compared to the consensus estimate of $2.81 billion. Discover Financial Services had a trailing twelve-month return on equity of 11.00% and a net margin of 7.89%. The company's quarterly revenue was down 4.1% compared to the same quarter last year. During the same period in the prior year, the company earned $2.25 earnings per share.
View Discover Financial Services' earnings history.

Discover Financial Services' stock was trading at $53.20 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, DFS shares have increased by 79.6% and is now trading at $95.55.
View which stocks have been most impacted by COVID-19.

Discover Financial Services announced a quarterly dividend on Tuesday, January 19th. Shareholders of record on Thursday, February 18th will be paid a dividend of $0.44 per share on Thursday, March 4th. This represents a $1.76 annualized dividend and a dividend yield of 1.84%. The ex-dividend date is Wednesday, February 17th.
View Discover Financial Services' dividend history.

Discover Financial Services pays an annual dividend of $1.76 per share and currently has a dividend yield of 1.82%. Discover Financial Services does not yet have a strock track record of dividend growth. The dividend payout ratio of Discover Financial Services is 19.38%. 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 22.03% next year. This indicates that Discover Financial Services will be able to sustain or increase its dividend.
View Discover Financial Services' dividend history.

18 Wall Street analysts have issued 12-month price objectives for Discover Financial Services' shares. Their forecasts range from $32.00 to $115.00. On average, they expect Discover Financial Services' share price to reach $85.12 in the next year. This suggests that the stock has a possible downside of 10.9%.
View analysts' price targets for Discover Financial Services or view top-rated stocks among Wall Street analysts.

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.

Some companies that are related to Discover Financial Services include American Express (AXP), Capital One Financial (COF), Credit Acceptance (CACC), SLM (SLM), Nelnet (NNI), Green Dot (GDOT), PRA Group (PRAA), Encore Capital Group (ECPG), World Acceptance (WRLD), Regional Management (RM), EZCORP (EZPW) and Nicholas Financial (NICK).
View all of DFS's competitors.

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).

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

Discover Financial Services' stock is owned by a variety of institutional and retail investors. Top institutional investors include FMR LLC (6.78%), BlackRock Inc. (6.37%), Nuveen Asset Management LLC (1.94%), Primecap Management Co. CA (1.85%), Principal Financial Group Inc. (1.53%) and Charles Schwab Investment Management Inc. (1.36%). 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, Michael H Moskow, R Mark Graf, Robert Andrew Eichfeld, Roger C Hochschild and Wanjiku Juanita Walcott.
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, Nuveen Asset Management LLC, BlackRock Inc., Primecap Management Co. CA, Davidson Kempner Capital Management LP, Korea Investment CORP, Panagora Asset Management Inc., and Columbus Hill Capital Management L.P.. Company insiders that have sold Discover Financial Services company stock in the last year include Brian Hughes, Carlos Minetti, Mary K Bush, and Robert Andrew Eichfeld.
View insider buying and selling activity for Discover Financial Services or view top insider-selling stocks.

DFS stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Principal Financial Group Inc., Barrow Hanley Mewhinney & Strauss LLC, Artemis Investment Management LLP, FIL Ltd, Atalanta Sosnoff Capital LLC, Schroder Investment Management Group, and Janus Henderson Group PLC. 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.

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.
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One share of DFS stock can currently be purchased for approximately $95.55.

Discover Financial Services has a market capitalization of $29.30 billion and generates $13.99 billion in revenue each year. The financial services provider earns $2.96 billion in net income (profit) each year or $9.08 on an earnings per share basis.

Discover Financial Services employs 17,200 workers across the globe.

Discover Financial Services was founded in 1985.

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

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

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]