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 announced a quarterly dividend on Friday, April 20th. Shareholders 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 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date is Wednesday, May 23rd. View Discover Financial Services' Dividend History.

Discover Financial Services declared that its Board of Directors has authorized a stock buyback program on Wednesday, July 26th 2017, which allows the company to repurchase $2,750,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 11.3% of its stock through open market purchases. Stock repurchase programs are generally 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 Thursday, April, 26th. The financial services provider reported $1.82 earnings per share 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 the consensus estimate of $2.58 billion. Discover Financial Services had a net margin of 18.43% and a return on equity of 22.79%. The firm's revenue for the quarter was up 10.1% compared to the same quarter last year. During the same period in the prior year, the company earned $1.43 EPS. 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 twelve-month target prices for Discover Financial Services' stock. Their predictions range from $73.00 to $100.00. On average, they anticipate Discover Financial Services' stock price to reach $85.3965 in the next twelve months. This suggests a possible upside of 21.0% 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).

Media headlines about DFS stock have trended somewhat negative this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Discover Financial Services earned a daily sentiment score of -0.01 on Accern's scale. They also gave headlines about the financial services provider an impact score of 45.76 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Discover Financial Services' stock is owned by a number 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%), Denali Advisors LLC (0.06%) and Fjarde AP Fonden Fourth Swedish National Pension Fund (0.03%). 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., Bremer Trust National Association, Fjarde AP Fonden Fourth Swedish National Pension Fund, Gateway Investment Advisers LLC, Thompson Investment Management Inc. and Capital One National Association. 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 purchased 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, Denali Advisors LLC, Rathbone Brothers plc, IFM Investors Pty Ltd and State of Alaska Department of Revenue. 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 $70.56.

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]