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 announced a quarterly dividend on Thursday, July 18th. Stockholders of record on Thursday, August 22nd will be given a dividend of $0.44 per share on Thursday, September 5th. This represents a $1.76 annualized dividend and a dividend yield of 2.19%. The ex-dividend date is Wednesday, August 21st. This is an increase from Discover Financial Services's previous quarterly dividend of $0.40. View Discover Financial Services' Dividend History.

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

Discover Financial Services (NYSE:DFS) posted its quarterly earnings data on Tuesday, July, 23rd. The financial services provider reported $2.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.11 by $0.21. The financial services provider earned $2.98 billion during the quarter, compared to the consensus estimate of $2.81 billion. Discover Financial Services had a net margin of 21.00% and a return on equity of 26.76%. The business's revenue for the quarter was up 12.9% on a year-over-year basis. During the same period in the prior year, the firm posted $1.91 EPS. View Discover Financial Services' Earnings History.

Discover Financial Services is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Discover Financial Services.

17 brokers have issued 1 year price objectives for Discover Financial Services' stock. Their predictions range from $56.00 to $97.00. On average, they anticipate Discover Financial Services' stock price to reach $85.50 in the next year. This suggests a possible upside of 6.4% from the stock's current price. View Analyst Price Targets for Discover Financial Services.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Discover Financial Services in the last year. There are currently 10 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Discover Financial Services.

News stories about DFS stock have been trending negative this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Discover Financial Services earned a news sentiment score of -2.3 on InfoTrie's scale. They also gave press coverage 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 impact 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 the month of July. As of July 31st, there was short interest totalling 5,738,600 shares, an increase of 24.2% from the June 30th total of 4,618,800 shares. Based on an average daily trading volume, of 1,980,000 shares, the days-to-cover ratio is presently 2.9 days. Approximately 1.8% of the company's shares are short sold. View Discover Financial Services' Current Options Chain.

Some companies that are related to Discover Financial Services include Santander Consumer USA (SC), Credit Acceptance (CACC), OneMain (OMF), SLM (SLM), Nelnet (NNI), World Acceptance (WRLD), Enova International (ENVA), Oaktree Specialty Lending (OCSL), PROVIDENT FINL/S (FPLPY), 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), Visa (v), Cisco Systems (CSCO), JPMorgan Chase & Co. (JPM), CVS Health (cvs), Wells Fargo & Co (wfc), Verizon Communications (vz), Exxon Mobil (XOM), Walt Disney (Dis) and AT&T (t).

Discover Financial Services' stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.96%), BlackRock Inc. (7.77%), Primecap Management Co. CA (4.06%), LSV Asset Management (1.91%), JPMorgan Chase & Co. (1.39%) and Diamond Hill Capital Management Inc. (1.25%). 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 Amundi Pioneer Asset Management Inc., Diamond Hill Capital Management Inc., Eaton Vance Management, Morgan Stanley, DekaBank Deutsche Girozentrale, Bank of New York Mellon Corp, LSV Asset Management and First Manhattan Co.. 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 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 Nuveen Asset Management LLC, AQR Capital Management LLC, BlackRock Inc., Schroder Investment Management Group, JPMorgan Chase & Co., Holocene Advisors LP, MUFG Securities EMEA plc and Robeco Institutional Asset Management B.V.. 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 $80.35.

Discover Financial Services has a market capitalization of $25.57 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]