NYSE:DFSDiscover Financial Services Stock Price, Forecast & News

Discover Financial Services' stock was trading at $53.20 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, DFS shares have decreased by 9.1% and is now trading at $48.38. View which stocks have been most impacted by Coronavirus.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Discover Financial Services in the last year. There are currently 1 sell rating, 4 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Discover Financial Services.

Discover Financial Services is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Discover Financial Services.

Discover Financial Services will be holding an earnings conference call on Wednesday, July 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Discover Financial Services (NYSE:DFS) posted its earnings results on Wednesday, April, 22nd. The financial services provider reported ($0.25) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $2.09 by $2.34. The financial services provider earned $2.89 billion during the quarter, compared to the consensus estimate of $2.88 billion. Discover Financial Services had a net margin of 15.39% and a return on equity of 20.38%. Discover Financial Services's quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter last year, the company posted $2.15 earnings per share. View Discover Financial Services' earnings history.

Discover Financial Services announced a quarterly dividend on Tuesday, April 21st. Shareholders of record on Thursday, May 21st will be paid a dividend of $0.44 per share on Thursday, June 4th. This represents a $1.76 annualized dividend and a dividend yield of 3.64%. The ex-dividend date of this dividend is Wednesday, May 20th. View Discover Financial Services' dividend history.

Discover Financial Services announced that its Board of Directors has authorized a share repurchase program on Thursday, July 19th 2018, which allows the company to buyback $3,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 11.9% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's management believes its shares are undervalued.

16 brokerages have issued 12-month target prices for Discover Financial Services' stock. Their forecasts range from $32.00 to $94.00. On average, they expect Discover Financial Services' share price to reach $63.64 in the next twelve months. This suggests a possible upside of 31.5% from the stock's current price. View analysts' price targets for Discover Financial Services.

News headlines about DFS stock have trended very negative this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by monitoring 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 coverage optimism score of -3.8 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news about Discover Financial Services.

Some companies that are related to Discover Financial Services include American Express (AXP), Capital One Financial (COF), Credit Acceptance (CACC), FirstCash (FCFS), Green Dot (GDOT), SLM (SLM), Nelnet (NNI), Pra Group (PRAA), Encore Capital Group (ECPG), World Acceptance (WRLD), EZCORP (EZPW), Regional Management (RM), Nicholas Financial (NICK) and Asta Funding (ASFI). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Discover Financial Services investors own include JPMorgan Chase & Co. (JPM), AT&T (T), Intel (INTC), CVS Health (CVS), Cisco Systems (CSCO), Walt Disney (DIS), Visa (V), AbbVie (ABBV), Bank of America (BAC) and Verizon Communications (VZ).

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

Discover Financial Services' stock is owned by many different retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (0.14%), Gradient Investments LLC (0.11%), Envestnet Asset Management Inc. (0.10%), Robecosam AG (0.04%), State of Alaska Department of Revenue (0.02%) and Unison Advisors LLC (0.02%). 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, John Greene, Kathryn Mcnamara Corley, Mary K Bush, Michael H Moskow, R Mark Graf, Robert Andrew Eichfeld, Roger C Hochschild and Wanjiku Juanita Walcott. View institutional ownership trends for Discover Financial Services.

DFS stock was sold by a variety of institutional investors in the last quarter, including Robecosam AG, Wedge Capital Management L L P NC, DNB Asset Management AS, Whittier Trust Co., Mount Yale Investment Advisors LLC, Stolper Co, and Webster Bank N. A.. Company insiders that have sold Discover Financial Services company stock in the last year include Diane E Offereins, Edward W Mcgrogan, Mary K Bush, and R Mark Graf. View insider buying and selling activity for Discover Financial Services.

DFS stock was acquired by a variety of institutional investors in the last quarter, including Gradient Investments LLC, Envestnet Asset Management Inc., Unison Advisors LLC, E&G Advisors LP, Birch Capital Management LLC, Ellevest Inc., M&R Capital Management Inc., and State of Alaska Department of Revenue. Company insiders that have bought Discover Financial Services stock in the last two years include John Greene, Robert Andrew Eichfeld, Roger C Hochschild, and Wanjiku Juanita Walcott. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of DFS stock can currently be purchased for approximately $48.38.

Discover Financial Services has a market capitalization of $14.82 billion and generates $13.99 billion in revenue each year. The financial services provider earns $2.96 billion in net income (profit) each year or $9.08 on an earnings per share basis. Discover Financial Services employs 17,200 workers across the globe.

The official website for Discover Financial Services is 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]