NYSE:DFS Discover Financial Services Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Discover Financial Services Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $59.03 -0.51 (-0.86 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$58.59Now: $59.03▼$60.2050-Day Range$48.72MA: $53.32▼$59.5452-Week Range$23.25Now: $59.03▼$87.43Volume104,474 shsAverage Volume4.27 million shsMarket Capitalization$18.09 billionP/E Ratio18.68Dividend Yield2.98%Beta1.88 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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 PULSE network, an automated teller machine, debit, and electronic funds transfer network; Diners Club International, a payments network that issues Diners Club branded charge cards and provides card acceptance services; and Discover Network that processes transactions for Discover-branded credit and debit cards, as well as provides payment transaction processing and settlement services. The company was incorporated in 1960 and is based in Riverwoods, Illinois.Read More Beat the Market (BTM) Rank™ 2.3 Analyst's Opinion Consensus RatingDiscover Financial Services has received a consensus rating of Buy. The company's average rating score is 2.56, and is based on 11 buy ratings, 6 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $63.07, Discover Financial Services has a forecasted upside of 6.8% from its current price of $59.03.Amount of Analyst CoverageDiscover Financial Services has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.3 Community Rank Outperform VotesDiscover Financial Services has received 1,211 “outperform” votes. (Add your “outperform” vote.)Underperform VotesDiscover Financial Services has received 649 “underperform” votes. (Add your “underperform” vote.)Community SentimentDiscover Financial Services has received 65.11% “outperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend YieldDiscover Financial Services pays a meaningful dividend of 2.98%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthDiscover Financial Services has been increasing its dividend for 7 years.Dividend CoverageThe dividend payout ratio of Discover Financial Services is 19.38%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Discover Financial Services will have a dividend payout ratio of 33.98% next year. This indicates that Discover Financial Services will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Discover Financial Services insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $94,522.00 in company stock.Percentage Held by InsidersOnly 0.55% of the stock of Discover Financial Services is held by insiders.Percentage Held by Institutions83.95% of the stock of Discover Financial Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Discover Financial Services are expected to grow by 412.87% in the coming year, from $1.01 to $5.18 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Discover Financial Services is 18.68, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.85.Price to Earnings Ratio vs. SectorThe P/E ratio of Discover Financial Services is 18.68, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 16.67.Price to Book Value per Share RatioDiscover Financial Services has a P/B Ratio of 1.64. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.3Community Rank: 3.3Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.36 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Personal credit institutions Sub-IndustryConsumer Finance SectorFinance Current SymbolNYSE:DFS Previous Symbol CUSIP25470910 CIK1393612 Webwww.discover.com Phone224-405-0900Debt Debt-to-Equity Ratio2.70 Current Ratio1.18 Quick Ratio1.18Price-To-Earnings Trailing P/E Ratio18.68 Forward P/E Ratio58.45 P/E GrowthN/A Sales & Book Value Annual Sales$13.99 billion Price / Sales1.29 Cash Flow$9.65 per share Price / Cash Flow6.12 Book Value$36.04 per share Price / Book1.64Profitability EPS (Most Recent Fiscal Year)$9.08 Net Income$2.96 billion Net Margins7.65% Return on Equity10.45% Return on Assets0.93%Miscellaneous Employees17,200 Outstanding Shares306,421,000Market Cap$18.09 billion Next Earnings Date10/27/2020 (Estimated) OptionableOptionable $59.03 -0.51 (-0.86 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive DFS News and Ratings via Email Sign-up to receive the latest news and ratings for DFS and its competitors with MarketBeat's FREE daily newsletter. Discover Financial Services (NYSE:DFS) Frequently Asked Questions How has Discover Financial Services' stock price been impacted by COVID-19 (Coronavirus)? Discover Financial Services' stock was trading at $53.20 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, DFS stock has increased by 11.0% and is now trading at $59.03. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of 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, 6 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Discover Financial Services. When is Discover Financial Services' next earnings date? Discover Financial Services is scheduled to release its next quarterly earnings announcement on Tuesday, October 27th 2020. View our earnings forecast for Discover Financial Services. How were Discover Financial Services' earnings last quarter? Discover Financial Services (NYSE:DFS) issued its quarterly earnings results on Wednesday, July, 22nd. The financial services provider reported ($1.20) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.05 by $1.25. The financial services provider had revenue of $2.66 billion for the quarter, compared to analyst estimates of $2.63 billion. Discover Financial Services had a return on equity of 10.45% and a net margin of 7.65%. View Discover Financial Services' earnings history. 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 Tuesday, July 21st. Investors of record on Thursday, August 20th will be paid a dividend of $0.44 per share on Thursday, September 3rd. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.98%. The ex-dividend date of this dividend is Wednesday, August 19th. View Discover Financial Services' dividend history. What price target have analysts set for DFS? 18 equities research analysts have issued 1-year price objectives 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 $63.07 in the next year. This suggests a possible upside of 6.8% from the stock's current price. View analysts' price targets for Discover Financial Services. Who are some of Discover Financial Services' key competitors? Some companies that are related to Discover Financial Services include American Express (AXP), Capital One Financial (COF), Credit Acceptance (CACC), SLM (SLM), Green Dot (GDOT), FirstCash (FCFS), 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. 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 AbbVie (ABBV), Intel (INTC), AT&T (T), JPMorgan Chase & Co. (JPM), CVS Health (CVS), Cisco Systems (CSCO), Walt Disney (DIS), Verizon Communications (VZ), Visa (V) and Bank of America (BAC). Who are Discover Financial Services' key executives? Discover Financial Services' management team includes the following 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) What is Discover Financial Services' stock symbol? Discover Financial Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "DFS." Who are Discover Financial Services' major shareholders? Discover Financial Services' stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.83%), FMR LLC (7.98%), Nuveen Asset Management LLC (2.12%), LSV Asset Management (1.62%), Charles Schwab Investment Management Inc. (1.24%) and Principal Financial Group Inc. (1.10%). 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. Which institutional investors are selling Discover Financial Services stock? DFS stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Douglass Winthrop Advisors LLC, Bank of America Corp DE, Glenmede Trust Co. NA, First Trust Advisors LP, Assenagon Asset Management S.A., Victory Capital Management Inc., and Marshall Wace North America L.P.. View insider buying and selling activity for Discover Financial Services. Which institutional investors are buying Discover Financial Services stock? DFS stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Vanguard Group Inc., Nuveen Asset Management LLC, Charles Schwab Investment Management Inc., Rockefeller Capital Management L.P., Ninety One UK Ltd, TimesSquare Capital Management LLC, and UBS Group AG. 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. 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, Robinhood, Fidelity, and Charles Schwab. What is Discover Financial Services' stock price today? One share of DFS stock can currently be purchased for approximately $59.03. How big of a company is Discover Financial Services? Discover Financial Services has a market capitalization of $18.09 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. What is Discover Financial Services' official website? The official website for Discover Financial Services is 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] This page was last updated on 9/21/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
