NYSE:DFS - Discover Financial Services Stock Price, Price Target & More

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 20th. Stockholders of record on Thursday, May 24th will be paid a dividend of $0.35 per share on Thursday, June 7th. This represents a $1.40 annualized dividend and a dividend yield of 1.97%. The ex-dividend date of this dividend is Wednesday, May 23rd. View Discover Financial Services' Dividend History.

Discover Financial Services announced that its board has approved a share repurchase program on Wednesday, July 26th 2017, which allows the company to repurchase $2,750,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 11.3% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's leadership believes its shares are undervalued.

Discover Financial Services (NYSE:DFS) announced its earnings results on Thursday, April, 26th. The financial services provider reported $1.82 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.77 by $0.05. The financial services provider had revenue of $2.58 billion for the quarter, compared to analysts' expectations of $2.58 billion. Discover Financial Services had a return on equity of 22.79% and a net margin of 18.43%. The company's quarterly revenue was up 10.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.43 earnings per share. View Discover Financial Services' Earnings History.

Discover Financial Services is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Discover Financial Services.

23 Wall Street analysts have issued 12-month price targets for Discover Financial Services' shares. Their predictions range from $73.00 to $100.00. On average, they expect Discover Financial Services' share price to reach $85.3965 in the next year. This suggests a possible upside of 20.1% from the stock's current price. View Analyst Ratings 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."

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

News headlines about DFS stock have trended positive recently, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Discover Financial Services earned a news sentiment score of 0.32 on Accern's scale. They also gave press coverage about the financial services provider an impact score of 46.79 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Discover Financial Services' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Bank of Montreal Can (0.65%), NN Investment Partners Holdings N.V. (0.22%), Gateway Investment Advisers LLC (0.10%), Rathbone Brothers plc (0.07%), Calamos Advisors LLC (0.07%) and Denali Advisors LLC (0.06%). 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.

DFS stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, NN Investment Partners Holdings N.V., Retirement Systems of Alabama, Bremer Trust National Association, Assenagon Asset Management S.A., Fjarde AP Fonden Fourth Swedish National Pension Fund, Gateway Investment Advisers LLC and Univest Corp of Pennsylvania. 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.

DFS stock was bought by a variety of institutional investors in the last quarter, including Osborn Williams & Donohoe LLC, Clinton Group Inc., FormulaFolio Investments LLC, V Wealth Management LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Fox Run Management L.L.C., Calamos Advisors LLC and Denali Advisors LLC. 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 $71.10.

Discover Financial Services has a market capitalization of $24.09 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.

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]