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
Current SymbolNYSE:DFS
Previous Symbol
CUSIP25470910
Phone224-405-0900
Debt
Debt-to-Equity Ratio2.58
Current Ratio1.48
Quick Ratio1.48
Price-To-Earnings
Trailing P/E Ratio10.81
Forward P/E Ratio8.28
P/E Growth0.66
Sales & Book Value
Annual Sales$11.55 billion
Price / Sales1.89
Cash Flow$6.3197 per share
Price / Cash Flow10.26
Book Value$28.42 per share
Price / Book2.28
Profitability
EPS (Most Recent Fiscal Year)$5.98
Net Income$2.10 billion
Net Margins19.51%
Return on Equity25.49%
Return on Assets2.57%
Miscellaneous
Employees16,500
Outstanding Shares335,960,000
Market Cap$21.78 billion
OptionableOptionable
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, October 18th. Stockholders of record on Wednesday, November 21st will be given a dividend of $0.40 per share on Thursday, December 6th. This represents a $1.60 annualized dividend and a dividend yield of 2.47%. The ex-dividend date of this dividend is Tuesday, November 20th. View Discover Financial Services' Dividend History.
How will Discover Financial Services' stock buyback program work?
Discover Financial Services declared that its board has initiated a share repurchase plan on Thursday, July 19th 2018, which allows the company to repurchase $3,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 11.9% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board of directors believes its shares are undervalued.
How were Discover Financial Services' earnings last quarter?
Discover Financial Services (NYSE:DFS) posted its quarterly earnings data on Thursday, October, 25th. The financial services provider reported $2.05 EPS for the quarter, meeting analysts' consensus estimates of $2.05. The financial services provider had revenue of $2.72 billion for the quarter, compared to analysts' expectations of $2.69 billion. Discover Financial Services had a net margin of 19.51% and a return on equity of 25.49%. View Discover Financial Services' Earnings History.
When is Discover Financial Services' next earnings date?
What price target have analysts set for DFS?
19 equities research analysts have issued 12 month price targets for Discover Financial Services' shares. Their predictions range from $73.00 to $100.00. On average, they anticipate Discover Financial Services' share price to reach $87.1628 in the next twelve months. This suggests a possible upside of 34.8% from the stock's current price. View Analyst Price Targets for Discover Financial Services.
What is the consensus analysts' recommendation for 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 6 hold ratings, 12 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Discover Financial Services.
Has Discover Financial Services been receiving favorable news coverage?
News headlines about DFS stock have trended positive recently, InfoTrie reports. The research group rates the sentiment of news coverage by analyzing more than six thousand news and blog sources. 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 coverage optimism score of 2.3 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term.
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, Exec. Chairman (Age 57)
- Mr. Roger Crosby Hochschild, CEO, Pres & 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 retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.38%), BlackRock Inc. (6.68%), Capital World Investors (4.28%), Primecap Management Co. CA (3.73%), FMR LLC (2.60%) and Diamond Hill Capital Management Inc. (2.10%). 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, 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 institutional investors are selling Discover Financial Services stock?
DFS stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Morgan Stanley, AQR Capital Management LLC, Schroder Investment Management Group, Prudential Financial Inc., Diamond Hill Capital Management Inc., BlackRock Inc. and Mitsubishi UFJ Trust & Banking Corp. 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, 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 institutional investors are buying Discover Financial Services stock?
DFS stock was purchased by a variety of institutional investors in the last quarter, including Man Group plc, Capital World Investors, First Trust Advisors LP, WINTON GROUP Ltd, Primecap Management Co. CA, Dimensional Fund Advisors LP, Panagora Asset Management Inc. and Seizert Capital Partners LLC. 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 $64.66.
How big of a company is Discover Financial Services?
Discover Financial Services has a market capitalization of $21.78 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.
