NYSE:DFSDiscover Financial Services Stock Price, Forecast & News

Discover Financial Services' stock was trading at $53.20 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, DFS shares have decreased by 46.4% and is now trading at $28.53. View which stocks have been mosted impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Discover Financial Services in the last year. There are currently 1 sell rating, 8 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Discover Financial Services.

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

Discover Financial Services will be holding an earnings conference call on Wednesday, April 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) released its quarterly earnings results on Thursday, January, 23rd. The financial services provider reported $2.25 earnings per share for the quarter, beating the Zacks' consensus estimate of $2.24 by $0.01. The financial services provider had revenue of $2.94 billion for the quarter, compared to the consensus estimate of $2.94 billion. Discover Financial Services had a net margin of 20.94% and a return on equity of 26.59%. Discover Financial Services's revenue for the quarter was up 4.9% on a year-over-year basis. During the same period in the previous year, the company earned $2.03 earnings per share. View Discover Financial Services' earnings history.

Discover Financial Services announced a quarterly dividend on Tuesday, January 21st. Stockholders of record on Thursday, February 20th will be paid a dividend of $0.44 per share on Thursday, March 5th. This represents a $1.76 dividend on an annualized basis and a yield of 6.17%. The ex-dividend date is Wednesday, February 19th. View Discover Financial Services' dividend history.

Discover Financial Services announced that its board has authorized a share buyback plan 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 buy up to 11.9% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its shares are undervalued.

19 brokerages have issued 1-year price objectives for Discover Financial Services' stock. Their forecasts range from $32.00 to $96.00. On average, they expect Discover Financial Services' stock price to reach $80.56 in the next year. This suggests a possible upside of 182.4% from the stock's current price. View analysts' price targets for Discover Financial Services.

Headlines about DFS stock have trended very negative recently, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by reviewing 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 positive five, with scores closest to five being the most favorable. Discover Financial Services earned a news impact score of -3.3 on InfoTrie's scale. They also assigned news headlines 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 near term. View the latest news aboutDiscover Financial Services.

Discover Financial Services saw a increase in short interest in March. As of March 13th, there was short interest totaling 5,598,200 shares, an increase of 6.2% from the February 27th total of 5,270,000 shares. Based on an average daily trading volume, of 2,270,000 shares, the days-to-cover ratio is presently 2.5 days. Approximately 1.8% of the company's stock are short sold. 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), FirstCash (FCFS), SLM (SLM), Nelnet (NNI), Green Dot (GDOT), Pra Group (PRAA), Encore Capital Group (ECPG), World Acceptance (WRLD), EZCORP (EZPW), Regional Management (RM), 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 AT&T (T), Walt Disney (Dis), JPMorgan Chase & Co. (JPM), Visa (V), CVS Health (CVS), Intel (INTC), Cisco Systems (CSCO), 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."

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 $28.53.

Discover Financial Services has a market capitalization of $8.80 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. 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]