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

$79.68
-0.09 (-0.11 %)
(As of 08/22/2019 04:00 PM ET)
Today's Range
$79.37
Now: $79.68
$80.72
50-Day Range
$79.04
MA: $83.58
$92.91
52-Week Range
$54.36
Now: $79.68
$92.98
Volume958,238 shs
Average Volume2.02 million shs
Market Capitalization$25.36 billion
P/E Ratio10.23
Dividend Yield2.01%
Beta1.55
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. Read More…

Industry, Sector and Symbol

Industry Personal credit institutions
Sub-IndustryConsumer Finance
SectorFinance
CUSIP25470910
Phone224-405-0900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$12.85 billion
Cash Flow$8.3260 per share
Book Value$34.35 per share

Profitability

Net Income$2.74 billion

Miscellaneous

Employees16,600
Market Cap$25.36 billion
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable

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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 Thursday, July 18th. Stockholders of record on Thursday, August 22nd will be paid a dividend of $0.44 per share on Thursday, September 5th. This represents a $1.76 annualized dividend and a dividend yield of 2.21%. The ex-dividend date of this dividend is Wednesday, August 21st. This is a positive change from Discover Financial Services's previous quarterly dividend of $0.40. View Discover Financial Services' Dividend History.

How will Discover Financial Services' stock buyback program work?

Discover Financial Services announced that its Board of Directors has approved a stock buyback 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 purchase up to 11.9% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's leadership believes its stock is undervalued.

How were Discover Financial Services' earnings last quarter?

Discover Financial Services (NYSE:DFS) issued its quarterly earnings data on Tuesday, July, 23rd. The financial services provider reported $2.32 EPS for the quarter, beating analysts' consensus estimates of $2.11 by $0.21. The financial services provider earned $2.98 billion during the quarter, compared to the consensus estimate of $2.81 billion. Discover Financial Services had a net margin of 21.00% and a return on equity of 26.76%. The business's revenue was up 12.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.91 earnings per share. View Discover Financial Services' Earnings History.

When is Discover Financial Services' next earnings date?

Discover Financial Services is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Discover Financial Services.

What price target have analysts set for DFS?

17 Wall Street analysts have issued 12-month target prices for Discover Financial Services' shares. Their forecasts range from $56.00 to $97.00. On average, they anticipate Discover Financial Services' stock price to reach $85.50 in the next twelve months. This suggests a possible upside of 7.3% from the stock's current price. View Analyst Price Targets for Discover Financial Services.

What is the consensus analysts' recommendation for Discover Financial Services?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Discover Financial Services in the last year. There are currently 10 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Discover Financial Services.

Has Discover Financial Services been receiving favorable news coverage?

Media headlines about DFS stock have been trending positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Discover Financial Services earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the immediate future. View News Stories for Discover Financial Services.

Are investors shorting Discover Financial Services?

Discover Financial Services saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 5,738,600 shares, an increase of 24.2% from the June 30th total of 4,618,800 shares. Based on an average daily trading volume, of 1,980,000 shares, the short-interest ratio is currently 2.9 days. Currently, 1.8% of the shares of the stock are short sold. View Discover Financial Services' Current Options Chain.

Who are some of Discover Financial Services' key competitors?

What other stocks do shareholders of Discover Financial Services own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Discover Financial Services investors own include Intel (INTC), Cisco Systems (CSCO), Visa (v), CVS Health (cvs), JPMorgan Chase & Co. (JPM), Verizon Communications (vz), Wells Fargo & Co (wfc), Exxon Mobil (XOM), AT&T (t) and Johnson & Johnson (JNJ).

Who are Discover Financial Services' key executives?

Discover Financial Services' management team includes the folowing people:
  • Mr. Roger Crosby Hochschild, CEO, Pres & Director (Age 54)
  • Mr. R. Mark Graf, Exec. VP & CFO (Age 55)
  • Mr. Carlos M. Minetti, Exec. VP & Pres of Consumer Banking (Age 56)
  • Ms. Diane E. Offereins, Exec. VP & Pres of Payment Services (Age 61)
  • Ms. Julie A. Loeger, Exec. VP & Pres of US Cards (Age 55)

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 Vanguard Group Inc. (7.96%), BlackRock Inc. (7.77%), Primecap Management Co. CA (4.06%), LSV Asset Management (1.91%), JPMorgan Chase & Co. (1.39%) and Diamond Hill Capital Management Inc. (1.25%). 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, Kathryn Mcnamara Corley, 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 institutional investors are selling Discover Financial Services stock?

DFS stock was sold by a variety of institutional investors in the last quarter, including Amundi Pioneer Asset Management Inc., Diamond Hill Capital Management Inc., Eaton Vance Management, Morgan Stanley, DekaBank Deutsche Girozentrale, Bank of New York Mellon Corp, LSV Asset Management and First Manhattan Co.. 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, Glenn P Schneider, Kathryn Mcnamara Corley, Mary K Bush, Michael H Moskow and R Mark Graf. View Insider Buying and Selling for Discover Financial Services.

Which institutional investors are buying Discover Financial Services stock?

DFS stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, AQR Capital Management LLC, BlackRock Inc., Schroder Investment Management Group, JPMorgan Chase & Co., Holocene Advisors LP, MUFG Securities EMEA plc and Robeco Institutional Asset Management B.V.. Company insiders that have bought Discover Financial Services stock in the last two years include Michele Marrandino and Roger C Hochschild. 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 $79.68.

How big of a company is Discover Financial Services?

Discover Financial Services has a market capitalization of $25.36 billion and generates $12.85 billion in revenue each year. The financial services provider earns $2.74 billion in net income (profit) each year or $7.79 on an earnings per share basis. Discover Financial Services employs 16,600 workers across the globe.View Additional Information About Discover Financial Services.

What is Discover Financial Services' official website?

The official website for Discover Financial Services is http://www.discover.com/.

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 (NYSE DFS)

Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  1,125 (Vote Outperform)
Underperform Votes:  568 (Vote Underperform)
Total Votes:  1,693
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.
This page was last updated on 8/22/2019 by MarketBeat.com Staff

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