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

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

Discover Financial Services declared a quarterly dividend on Friday, April 19th. Investors of record on Friday, May 24th will be paid a dividend of $0.40 per share on Thursday, June 6th. This represents a $1.60 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date of this dividend is Thursday, May 23rd. View Discover Financial Services' Dividend History.

Discover Financial Services declared that its board has approved a stock repurchase program on Thursday, July 19th 2018, which authorizes the company to buyback $3,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 11.9% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's leadership believes its shares are undervalued.

Discover Financial Services (NYSE:DFS) issued its quarterly earnings results on Thursday, April, 25th. The financial services provider reported $2.15 EPS for the quarter, beating the Zacks' consensus estimate of $2.02 by $0.13. The financial services provider had revenue of $2.76 billion for the quarter, compared to analyst estimates of $2.76 billion. Discover Financial Services had a net margin of 20.98% and a return on equity of 26.34%. The business's revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.82 EPS. View Discover Financial Services' Earnings History.

Discover Financial Services is scheduled to release their next quarterly earnings announcement on Thursday, July 25th 2019. View Earnings Estimates for Discover Financial Services.

16 analysts have issued twelve-month price targets for Discover Financial Services' stock. Their forecasts range from $56.00 to $96.00. On average, they anticipate Discover Financial Services' share price to reach $81.3333 in the next year. This suggests a possible upside of 4.7% from the stock's current price. View Analyst Price Targets for Discover Financial Services.

16 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 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Discover Financial Services.

Media coverage about DFS stock has been trending neutral on Monday, InfoTrie reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Discover Financial Services earned a news impact score of 0.5 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for Discover Financial Services.

Discover Financial Services saw a increase in short interest in May. As of May 31st, there was short interest totalling 4,504,400 shares, an increase of 16.2% from the April 30th total of 3,877,400 shares. Based on an average trading volume of 1,740,000 shares, the days-to-cover ratio is presently 2.6 days. Currently, 1.4% of the shares of the stock are sold short. View Discover Financial Services' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Discover Financial Services investors own include Intel (INTC), JPMorgan Chase & Co. (JPM), Visa (v), Cisco Systems (CSCO), CVS Health (cvs), Wells Fargo & Co (wfc), Exxon Mobil (XOM), General Electric (GE), AT&T (t) and Bank of America (BAC).

Discover Financial Services' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.36%), Primecap Management Co. CA (3.99%), Boston Partners (3.71%), FMR LLC (2.69%), LSV Asset Management (1.92%) and Diamond Hill Capital Management Inc. (1.60%). 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, Kathryn Mcnamara Corley, 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 Diamond Hill Capital Management Inc., Nordea Investment Management AB, Bank of Montreal Can, Strs Ohio, Wells Fargo & Company MN, LSV Asset Management, Boston Partners and AJO LP. Company insiders that have sold Discover Financial Services company stock in the last year include Carlos Minetti, Cynthia A Glassman, Daniel Peter Capozzi, David W Nelms, Edward W Mcgrogan, Glenn P Schneider, Kathryn Mcnamara Corley, Mary K Bush, Michael H Moskow and R Mark Graf. View Insider Buying and Selling for Discover Financial Services.

DFS stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Amundi Pioneer Asset Management Inc., DekaBank Deutsche Girozentrale, JPMorgan Chase & Co., FIL Ltd, Lazard Asset Management LLC, Victory Capital Management Inc. and Investec Asset Management LTD. Company insiders that have bought Discover Financial Services stock in the last two years include Michele Marrandino and Roger C Hochschild. 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 $77.68.

Discover Financial Services has a market capitalization of $25.15 billion and generates $12.85 billion in revenue each year. The financial services provider earns $2.74 billion in net income (profit) each year or $7.79 on an earnings per share basis. Discover Financial Services employs 16,600 workers across the globe.View Additional Information About Discover Financial Services.

The official website for Discover Financial Services is http://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]