NYSE:DFS - Discover Financial Services Stock Price, Forecast & News

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

Discover Financial Services announced a quarterly dividend on Tuesday, January 21st. Investors of record on Thursday, February 20th will be given a dividend of $0.44 per share on Thursday, March 5th. This represents a $1.76 annualized dividend and a yield of 2.51%. The ex-dividend date of this dividend is Wednesday, February 19th. View Discover Financial Services' Dividend History.

Discover Financial Services declared that its Board of Directors has initiated a share repurchase plan on Thursday, July 19th 2018, which permits the company to buyback $3,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 11.9% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.

Discover Financial Services (NYSE:DFS) posted its quarterly earnings results on Thursday, January, 23rd. The financial services provider reported $2.25 earnings per share for the quarter, topping analysts' consensus estimates of $2.24 by $0.01. The financial services provider had revenue of $2.94 billion for the quarter, compared to analysts' expectations of $2.94 billion. Discover Financial Services had a net margin of 20.94% and a return on equity of 26.25%. The company's quarterly revenue was up 4.9% compared to the same quarter last year. During the same period in the previous year, the company posted $2.03 EPS. View Discover Financial Services' Earnings History.

Discover Financial Services is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for Discover Financial Services.

18 brokerages have issued 12-month target prices for Discover Financial Services' shares. Their forecasts range from $56.00 to $99.00. On average, they expect Discover Financial Services' stock price to reach $87.07 in the next twelve months. This suggests a possible upside of 24.1% from the stock's current price. View Analyst Price Targets for Discover Financial Services.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Discover Financial Services in the last year. There are currently 1 sell rating, 9 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Discover Financial Services.

News coverage about DFS stock has been trending positive this week, InfoTrie reports. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Discover Financial Services earned a media sentiment score of 2.7 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Discover Financial Services.

Discover Financial Services saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 5,780,000 shares, an increase of 17.7% from the December 31st total of 4,910,000 shares. Based on an average daily volume of 1,450,000 shares, the days-to-cover ratio is currently 4.0 days. Currently, 1.9% of the shares of the company are sold short. View Discover Financial Services' Current Options Chain.

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

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

Discover Financial Services' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Capital World Investors (7.56%), State Street Corp (4.44%), FMR LLC (2.91%), Boston Partners (2.37%), LSV Asset Management (1.77%) and Geode Capital Management LLC (1.65%). 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, Michele Marrandino, R Mark Graf, 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 Eaton Vance Management, Jacobs Levy Equity Management Inc., Diamond Hill Capital Management Inc., Renaissance Technologies LLC, AJO LP, Victory Capital Management Inc., Mackay Shields LLC and Man Group plc. 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, Mary K Bush, Michael H Moskow and R Mark Graf. View Insider Buying and Selling for Discover Financial Services.

DFS stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Capital World Investors, FMR LLC, AQR Capital Management LLC, Geode Capital Management LLC, M&G Investment Management Ltd., NorthCoast Asset Management LLC and Bessemer Group Inc.. Company insiders that have bought Discover Financial Services stock in the last two years include John Greene, Michele Marrandino, Roger C Hochschild and Wanjiku Juanita Walcott. 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, Robinhood, Fidelity and Charles Schwab.

One share of DFS stock can currently be purchased for approximately $70.14.

Discover Financial Services has a market capitalization of $21.99 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 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]