Discover Financial Services Stock Forecast, Price & News

Discover Financial Services' stock was trading at $53.20 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, DFS stock has increased by 67.4% and is now trading at $89.06.
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18 Wall Street research 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 research analysts is that investors should "buy" Discover Financial Services stock.
View analyst ratings for Discover Financial Services or view MarketBeat's top 5 stock picks.

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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.

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) posted its quarterly earnings data on Tuesday, January, 19th. The financial services provider reported $2.59 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.42 by $0.17. The financial services provider earned $2.82 billion during the quarter, compared to analysts' expectations of $2.81 billion. Discover Financial Services had a net margin of 7.89% and a trailing twelve-month return on equity of 11.00%. The firm's quarterly revenue was down 4.1% on a year-over-year basis. During the same quarter last year, the company earned $2.25 EPS.
View Discover Financial Services' earnings history.

Discover Financial Services announced a quarterly dividend on Tuesday, January 19th. Shareholders of record on Thursday, February 18th will be given a dividend of $0.44 per share on Thursday, March 4th. This represents a $1.76 annualized dividend and a yield of 1.98%. The ex-dividend date of this dividend 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 1.91%. 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 twelve-month target prices 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 4.4%.
View analysts' price targets for Discover Financial Services or view Wall Street analyst' top-rated stocks.

Some companies that are related to Discover Financial Services include American Express (AXP), Capital One Financial (COF), Credit Acceptance (CACC), SLM (SLM), Green Dot (GDOT), Nelnet (NNI), PRA Group (PRAA), Encore Capital Group (ECPG), World Acceptance (WRLD), Regional Management (RM), EZCORP (EZPW) and Nicholas Financial (NICK).
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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 number of retail and institutional investors. Top institutional shareholders include Atalanta Sosnoff Capital LLC (0.38%), Strs Ohio (0.18%), New York State Teachers Retirement System (0.14%), Scout Investments Inc. (0.12%), Deroy & Devereaux Private Investment Counsel Inc. (0.09%) and Wedge Capital Management L L P NC (0.09%). 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, John Greene, Kathryn Mcnamara Corley, 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 Wedge Capital Management L L P NC, Nepsis Inc., Veracity Capital LLC, Candriam Luxembourg S.C.A., Valicenti Advisory Services Inc., Deroy & Devereaux Private Investment Counsel Inc., Smith Graham & Co. Investment Advisors LP, and HGK Asset Management Inc.. Company insiders that have sold Discover Financial Services company stock in the last year include 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 purchased by a variety of institutional investors in the last quarter, including Atalanta Sosnoff Capital LLC, Scout Investments Inc., Strs Ohio, Engrave Wealth Partners LLC, Vision Capital Management Inc., New York State Teachers Retirement System, Kestra Advisory Services LLC, and Park Avenue Securities LLC. 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.

One share of DFS stock can currently be purchased for approximately $89.06.

Discover Financial Services has a market capitalization of $27.30 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.

The official website for Discover Financial Services is 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]