About Discover Financial Services (NYSE:DFS)
Discover Financial Services, through its subsidiaries, operates as a direct banking and payment services company in the United States. The Direct Banking segment offers Discover-branded credit cards to individuals; and other consumer products and services, including private student loans, personal loans, home equity loans, and other consumer lending, as well as deposit products, such as certificates of deposit, money market accounts, savings accounts, checking accounts, and individual retirement arrangement certificates of deposit. The Payment Services segment operates the Discover Network, which processes transactions for Discover-branded credit cards, and provides payment transaction processing and settlement services; and PULSE network, an electronic funds transfer network that provides financial institutions issuing debit cards on the PULSE network with access to automated teller machines and point-of-sale terminals. This segment also operates Diners Club International, a payments network that issues Diners Club branded charge cards and provides card acceptance services. The company was incorporated in 1960 and is based in Riverwoods, Illinois.
Industry, Sector and Symbol
Industry Personal credit institutions
Trailing P/E Ratio12.47
Forward P/E Ratio9.66
Sales & Book Value
Annual Sales$11.55 billion
Price / Sales2.25
Cash Flow$6.3195 per share
Price / Cash11.80
Book Value$28.42 per share
Price / Book2.62
EPS (Most Recent Fiscal Year)$5.98
Net Income$2.10 billion
Return on Equity22.79%
Return on Assets2.43%
Discover Financial Services (NYSE:DFS) Frequently Asked Questions
What is Discover Financial Services' stock symbol?
Discover Financial Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "DFS."
How often does Discover Financial Services pay dividends? What is the dividend yield for Discover Financial Services?
Discover Financial Services declared a quarterly dividend on Friday, April 20th. Shareholders of record on Thursday, May 24th will be given 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 1.88%. The ex-dividend date is Wednesday, May 23rd. View Discover Financial Services' Dividend History.
How will Discover Financial Services' stock buyback program work?
Discover Financial Services announced that its board has authorized a share buyback plan on Wednesday, July 26th 2017, which permits the company to repurchase $2,750,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 11.3% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's board believes its stock is undervalued.
How were Discover Financial Services' earnings last quarter?
Discover Financial Services (NYSE:DFS) issued its quarterly earnings data on Thursday, April, 26th. The financial services provider reported $1.82 EPS for the quarter, topping the consensus estimate of $1.77 by $0.05. The financial services provider earned $2.58 billion during the quarter, compared to the consensus estimate of $2.58 billion. Discover Financial Services had a return on equity of 22.79% and a net margin of 18.43%. The firm's revenue was up 10.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.43 EPS. View Discover Financial Services' Earnings History.
When is Discover Financial Services' next earnings date?
What price target have analysts set for DFS?
23 analysts have issued twelve-month price objectives for Discover Financial Services' shares. Their forecasts range from $73.00 to $100.00. On average, they anticipate Discover Financial Services' share price to reach $85.3965 in the next twelve months. View Analyst Ratings for Discover Financial Services.
Who are some of Discover Financial Services' key competitors?
Some companies that are related to Discover Financial Services include Credit Acceptance (CACC), Santander Consumer USA (SC), SLM (SLM), OneMain (OMF), Nelnet (NNI), PROVIDENT Finl/S (FPLPY), Enova International (ENVA), World Acceptance (WRLD), Oaktree Specialty Lending (OCSL), Regional Management (RM), Atlanticus (ATLC), IEG (IEGH) and IEG (IEGH).
Who are Discover Financial Services' key executives?
Discover Financial Services' management team includes the folowing people:
- Mr. David W. Nelms, Chairman & CEO (Age 57)
- Mr. Roger Crosby Hochschild, Pres & COO (Age 53)
- Mr. R. Mark Graf, Exec. VP & CFO (Age 54)
- Mr. Carlos M. Minetti, Exec. VP & Pres of Consumer Banking (Age 55)
- Ms. Diane E. Offereins, Exec. VP & Pres of Payment Services (Age 60)
Has Discover Financial Services been receiving favorable news coverage?
News headlines about DFS stock have trended somewhat positive this week, according to Accern. The research firm scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Discover Financial Services earned a media sentiment score of 0.22 on Accern's scale. They also assigned news stories about the financial services provider an impact score of 44.51 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
Who are Discover Financial Services' major shareholders?
Discover Financial Services' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.94%), Boston Partners (3.49%), Diamond Hill Capital Management Inc. (2.17%), LSV Asset Management (1.95%), Massachusetts Financial Services Co. MA (1.28%) and Northern Trust Corp (1.16%). 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.
Which major investors are selling Discover Financial Services stock?
DFS stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Element Capital Management LLC, Columbus Hill Capital Management L.P., Principal Financial Group Inc., Principal Financial Group Inc., Caisse DE Depot ET Placement DU Quebec, O Shaughnessy Asset Management LLC and Epoch Investment Partners Inc.. 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.
Which major investors are buying Discover Financial Services stock?
DFS stock was acquired by a variety of institutional investors in the last quarter, including Amundi Pioneer Asset Management Inc., Diamond Hill Capital Management Inc., FIL Ltd, Natixis, OppenheimerFunds Inc., BlackRock Inc., Robeco Institutional Asset Management B.V. and Summit Trail Advisors LLC. View Insider Buying and Selling for Discover Financial Services.
How do I buy shares of 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.
What is Discover Financial Services' stock price today?
One share of DFS stock can currently be purchased for approximately $74.57.
How big of a company is Discover Financial Services?
Discover Financial Services has a market capitalization of $26.02 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.
How can I contact Discover Financial Services?
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]
MarketBeat Community Rating for Discover Financial Services (DFS)MarketBeat's community ratings are surveys of what our community members think about Discover Financial Services and other stocks. Vote "Outperform" if you believe DFS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DFS will underperform the S&P 500 over the long term. You may vote once every thirty days.