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NYSE:DFS - Discover Financial Services Stock Price, Forecast & News

$38.41
-3.30 (-7.91 %)
(As of 03/29/2020 07:24 AM ET)
Today's Range
$37.54
Now: $38.41
$39.74
50-Day Range
$25.25
MA: $60.03
$76.42
52-Week Range
$23.25
Now: $38.41
$92.98
Volume5.01 million shs
Average Volume5.85 million shs
Market Capitalization$11.84 billion
P/E Ratio4.23
Dividend Yield4.22%
Beta1.52
Discover Financial Services, through its subsidiaries, operates as a direct banking and payment services company in the United States. The Direct Banking segment offers Discover-branded credit cards to individuals; and other consumer products and services, including private student loans, personal loans, home equity loans, and other consumer lending, as well as deposit products, such as certificates of deposit, money market accounts, savings accounts, checking accounts, and individual retirement arrangement certificates of deposit. 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 provides card acceptance services; and Discover Network that processes transactions for Discover-branded credit and debit cards, as well as provides payment transaction processing and settlement services. The company was incorporated in 1960 and is based in Riverwoods, Illinois.
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Discover Financial Services logo

Industry, Sector and Symbol

Industry Personal credit institutions
Sub-IndustryConsumer Finance
SectorFinance
CUSIP25470910
Phone224-405-0900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$13.99 billion
Cash Flow$8.73 per share
Book Value$36.04 per share

Profitability

Net Income$2.96 billion

Miscellaneous

Employees17,200
Market Cap$11.84 billion
Next Earnings Date4/23/2020 (Estimated)
OptionableOptionable

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Discover Financial Services (NYSE:DFS) Frequently Asked Questions

How has Discover Financial Services' stock been impacted by COVID-19 (Coronavirus)?

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 (WHO). Since then, DFS stock has decreased by 27.8% and is now trading at $38.41. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Discover Financial Services?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Discover Financial Services in the last year. There are currently 1 sell rating, 8 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Discover Financial Services.

When is Discover Financial Services' next earnings date?

Discover Financial Services is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for Discover Financial Services.

How were Discover Financial Services' earnings last quarter?

Discover Financial Services (NYSE:DFS) announced its quarterly earnings results on Thursday, January, 23rd. The financial services provider reported $2.25 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $2.24 by $0.01. The financial services provider had revenue of $2.94 billion for the quarter, compared to analysts' expectations of $2.94 billion. Discover Financial Services had a net margin of 20.94% and a return on equity of 26.59%. Discover Financial Services's revenue was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.03 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 Tuesday, January 21st. Stockholders of record on Thursday, February 20th will be paid a dividend of $0.44 per share on Thursday, March 5th. This represents a $1.76 annualized dividend and a dividend yield of 4.58%. The ex-dividend date of this dividend is Wednesday, February 19th. View Discover Financial Services' dividend history.

How will Discover Financial Services' stock buyback program work?

Discover Financial Services announced that its board has initiated a share buyback program on Thursday, July 19th 2018, which authorizes the company to repurchase $3,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 11.9% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board of directors believes its shares are undervalued.

What price target have analysts set for DFS?

19 analysts have issued twelve-month price targets for Discover Financial Services' shares. Their forecasts range from $32.00 to $96.00. On average, they expect Discover Financial Services' share price to reach $80.56 in the next year. This suggests a possible upside of 109.7% from the stock's current price. View analysts' price targets for Discover Financial Services.

Has Discover Financial Services been receiving favorable news coverage?

News headlines about DFS stock have trended somewhat positive recently, according to InfoTrie. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Discover Financial Services earned a news impact score of 0.8 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an impact on the company's share price in the next few days. View the latest news aboutDiscover Financial Services.

Are investors shorting Discover Financial Services?

Discover Financial Services saw a increase in short interest in March. As of March 13th, there was short interest totaling 5,598,200 shares, an increase of 6.2% from the February 27th total of 5,270,000 shares. Based on an average trading volume of 2,270,000 shares, the days-to-cover ratio is currently 2.5 days. Approximately 1.8% of the company's stock are short sold. View Discover Financial Services' Current Options Chain.

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 JPMorgan Chase & Co. (JPM), Visa (V), CVS Health (CVS), Walt Disney (DIS), AT&T (T), Cisco Systems (CSCO), Intel (INTC), AbbVie (ABBV), Bank of America (BAC) and Verizon Communications (VZ).

Who are Discover Financial Services' key executives?

Discover Financial Services' management team includes the following people:
  • Mr. Roger Crosby Hochschild, CEO, Pres & Director (Age 54)
  • Mr. R. Mark Graf, Exec. VP & CFO (Age 55)
  • Mr. Carlos M. Minetti, Exec. VP & Pres of Consumer Banking (Age 56)
  • Ms. Diane E. Offereins, Exec. VP & Pres of Payment Services (Age 61)
  • Ms. Julie A. Loeger, Exec. VP & Pres of US Cards (Age 55)

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 Capital World Investors (7.56%), State Street Corp (4.44%), FMR LLC (2.91%), Boston Partners (2.37%), LSV Asset Management (1.77%) and Geode Capital Management LLC (1.65%). 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, 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 Eaton Vance Management, Jacobs Levy Equity Management Inc., Diamond Hill Capital Management Inc., Renaissance Technologies LLC, AJO LP, Victory Capital Management Inc., Mackay Shields LLC, and Man Group plc. Company insiders that have sold Discover Financial Services company stock in the last year include Carlos Minetti, Cynthia A Glassman, Daniel Peter Capozzi, Diane E Offereins, Edward W Mcgrogan, Mary K Bush, Michael H Moskow, and R Mark Graf. View insider buying and selling activity for Discover Financial Services.

Which major investors are buying Discover Financial Services stock?

DFS stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Goldman Sachs Group Inc., Capital World Investors, FMR LLC, AQR Capital Management LLC, Nuveen Asset Management LLC, Geode Capital Management LLC, and M&G Investment Management Ltd.. Company insiders that have bought Discover Financial Services stock in the last two years include John Greene, Roger C Hochschild, and Wanjiku Juanita Walcott. View insider buying and selling activity for Discover Financial Services.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Discover Financial Services' stock price today?

One share of DFS stock can currently be purchased for approximately $38.41.

How big of a company is Discover Financial Services?

Discover Financial Services has a market capitalization of $11.84 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. View additional information about Discover Financial Services.

What is Discover Financial Services' official website?

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

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]


MarketBeat Community Rating for Discover Financial Services (NYSE DFS)

Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  1,195 (Vote Outperform)
Underperform Votes:  627 (Vote Underperform)
Total Votes:  1,822
MarketBeat's community ratings are surveys of what our community members think about Discover Financial Services and other stocks. Vote "Outperform" if you believe DFS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DFS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

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