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 Discover Network, which processes transactions for Discover-branded credit cards, and provides payment transaction processing and settlement services; and PULSE network, an electronic funds transfer network that provides financial institutions issuing debit cards on the PULSE network with access to automated teller machines and point-of-sale terminals. This segment also operates Diners Club International, a payments network that issues Diners Club branded charge cards and provides card acceptance services. The company was incorporated in 1960 and is based in Riverwoods, Illinois.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Personal credit institutions
Sub-IndustryConsumer Finance
SectorFinance
SymbolNYSE:DFS
CUSIP25470910
Phone224-405-0900
Debt
Debt-to-Equity Ratio2.54
Current Ratio1.49
Quick Ratio1.49
Price-To-Earnings
Trailing P/E Ratio13.38
Forward P/E Ratio10.26
P/E Growth0.93
Sales & Book Value
Annual Sales$11.55 billion
Price / Sales2.37
Cash Flow$6.3686 per share
Price / Cash12.56
Book Value$28.42 per share
Price / Book2.81
Profitability
EPS (Most Recent Fiscal Year)$5.98
Net Income$2.10 billion
Net Margins19.07%
Return on Equity24.25%
Return on Assets2.51%
Miscellaneous
Employees16,500
Outstanding Shares342,660,000
Market Cap$27.19 billion
Discover Financial Services (NYSE:DFS) Frequently Asked Questions
What is Discover Financial Services' stock symbol?
Discover Financial Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "DFS."
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 Thursday, July 19th. Shareholders 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 yield of 2.00%. The ex-dividend date of this dividend is Wednesday, August 22nd. This is a boost from Discover Financial Services's previous quarterly dividend of $0.35. 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 repurchase 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 buy up to 11.9% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's management believes its stock is undervalued.
How were Discover Financial Services' earnings last quarter?
Discover Financial Services (NYSE:DFS) released its quarterly earnings results on Thursday, July, 26th. The financial services provider reported $1.91 earnings per share for the quarter, topping analysts' consensus estimates of $1.88 by $0.03. The financial services provider earned $2.60 billion during the quarter, compared to analyst estimates of $2.63 billion. Discover Financial Services had a net margin of 19.07% and a return on equity of 24.25%. The firm's revenue was up 7.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.40 EPS. View Discover Financial Services' Earnings History.
When is Discover Financial Services' next earnings date?
What price target have analysts set for DFS?
23 brokers have issued 12 month target prices for Discover Financial Services' shares. Their forecasts range from $73.00 to $100.00. On average, they expect Discover Financial Services' share price to reach $85.8538 in the next year. This suggests a possible upside of 7.3% from the stock's current price. View Analyst Price Targets for Discover Financial Services.
What is the consensus analysts' recommendation for Discover Financial Services?
23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Discover Financial Services in the last year. There are currently 8 hold ratings, 14 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Discover Financial Services.
Who are some of Discover Financial Services' key competitors?
Some companies that are related to Discover Financial Services include Credit Acceptance (CACC), Santander Consumer USA (SC), SLM (SLM), OneMain (OMF), Nelnet (NNI), PROVIDENT Finl/S (FPLPY), World Acceptance (WRLD), Enova International (ENVA), Oaktree Specialty Lending (OCSL), Regional Management (RM), Atlanticus (ATLC), Mr. Amazing Loans (MRAL), IEG (IEGH) and IEG (IEGH).
Who are Discover Financial Services' key executives?
Discover Financial Services' management team includes the folowing people:
- Mr. David W. Nelms, Chairman & CEO (Age 57)
- Mr. Roger Crosby Hochschild, Pres, COO & Director (Age 53)
- Mr. R. Mark Graf, Exec. VP & CFO (Age 54)
- Mr. Carlos M. Minetti, Exec. VP & Pres of Consumer Banking (Age 55)
- Ms. Diane E. Offereins, Exec. VP & Pres of Payment Services (Age 60)
Who are Discover Financial Services' major shareholders?
Discover Financial Services' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.71%), Boston Partners (3.62%), FMR LLC (3.25%), Diamond Hill Capital Management Inc. (2.22%), LSV Asset Management (1.99%) and Morgan Stanley (1.42%). 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.
Which major investors are selling Discover Financial Services stock?
DFS stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Artisan Partners Limited Partnership, BlackRock Inc., Epoch Investment Partners Inc., Columbus Hill Capital Management L.P., TD Asset Management Inc., Nomura Holdings Inc. and DF Dent & Co. Inc.. 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.
Which major investors are buying Discover Financial Services stock?
DFS stock was bought by a variety of institutional investors in the last quarter, including American Century Companies Inc., Millennium Management LLC, Morgan Stanley, Worldquant Millennium Quantitative Strategies LLC, Janus Henderson Group PLC, Renaissance Technologies LLC, Standard Life Aberdeen plc and Robeco Institutional Asset Management B.V.. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Discover Financial Services' stock price today?
One share of DFS stock can currently be purchased for approximately $79.99.
How big of a company is Discover Financial Services?
Discover Financial Services has a market capitalization of $27.19 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.
What is Discover Financial Services' official website?
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)
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.
