NYSE:DFS - Discover Financial Services Stock Price, Price Target & More

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, July 19th. Stockholders of record on Thursday, August 23rd will be paid a dividend of $0.40 per share on Thursday, September 6th. This represents a $1.60 annualized dividend and a dividend yield of 2.22%. This is an increase from Discover Financial Services's previous quarterly dividend of $0.35. View Discover Financial Services' Dividend History.

Discover Financial Services declared that its board has initiated a stock buyback plan on Wednesday, July 26th 2017, which allows the company to repurchase $2,750,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 11.3% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's leadership believes its stock is undervalued.

Discover Financial Services (NYSE:DFS) announced its earnings results on Thursday, April, 26th. The financial services provider reported $1.82 earnings per share for the quarter, beating the consensus estimate of $1.77 by $0.05. The financial services provider earned $2.58 billion during the quarter, compared to the consensus estimate of $2.58 billion. Discover Financial Services had a return on equity of 22.79% and a net margin of 18.43%. The business's revenue for the quarter was up 10.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.43 earnings per share. View Discover Financial Services' Earnings History.

Discover Financial Services is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Discover Financial Services.

22 Wall Street analysts have issued 1 year price objectives for Discover Financial Services' stock. Their forecasts range from $73.00 to $100.00. On average, they anticipate Discover Financial Services' share price to reach $85.3965 in the next twelve months. This suggests a possible upside of 18.5% from the stock's current price. View Analyst Ratings for Discover Financial Services.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Discover Financial Services in the last year. There are currently 8 hold ratings, 13 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Discover Financial Services include Santander Consumer USA (SC), Credit Acceptance (CACC), SLM (SLM), OneMain (OMF), Nelnet (NNI), Enova International (ENVA), PROVIDENT Finl/S (FPLPY), World Acceptance (WRLD), Oaktree Specialty Lending (OCSL), Regional Management (RM), Atlanticus (ATLC), IEG (IEGH), IEG (IEGH) and "Mr. Amazing Loans Corporation" (MRAL).

Media coverage about DFS stock has trended somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog 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 sentiment score of 0.11 on Accern's scale. They also assigned press coverage about the financial services provider an impact score of 45.43 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Discover Financial Services' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.65%), NN Investment Partners Holdings N.V. (0.22%), Gateway Investment Advisers LLC (0.10%), Arvest Bank Trust Division (0.08%), Rathbone Brothers plc (0.07%) and LS Investment Advisors LLC (0.07%). 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 Bank of Montreal Can, Pendal Group Ltd, NN Investment Partners Holdings N.V., Hartford Investment Management Co., LS Investment Advisors LLC, Westpac Banking Corp, Retirement Systems of Alabama and Bremer Trust National Association. 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 purchased by a variety of institutional investors in the last quarter, including Cornerstone Wealth Management LLC, Nippon Life Global Investors Americas Inc., Osborn Williams & Donohoe LLC, Clinton Group Inc., FormulaFolio Investments LLC, V Wealth Management LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH and Fox Run Management L.L.C.. 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 $72.06.

Discover Financial Services has a market capitalization of $24.84 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]