NYSE:DFS Discover Financial Services - DFS Stock Forecast, Price & News Adding Choose a watchlist: 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. $115.83 -0.90 (-0.77%) (As of 02/1/2023 12:00 AM ET) Add Compare Share Share Today's Range$112.47▼$117.3350-Day Range$95.17▼$117.5752-Week Range$87.64▼$129.12Volume3.90 million shsAverage Volume3.13 million shsMarket Capitalization$31.65 billionP/E Ratio7.48Dividend Yield2.10%Price Target$118.57 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Discover Financial Services MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside2.4% Upside$118.57 Price TargetShort InterestHealthy1.87% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.24Upright™ Environmental ScoreNews Sentiment0.34Based on 14 Articles This WeekInsider TradingSelling Shares$135,684 Sold Last QuarterProj. Earnings Growth2.93%From $14.00 to $14.41 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.67 out of 5 starsFinance Sector171st out of 895 stocksPersonal Credit Institutions Industry3rd out of 13 stocks 2.1 Analyst's Opinion Consensus RatingDiscover Financial Services has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 4 buy ratings, 7 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $118.57, Discover Financial Services has a forecasted upside of 2.4% from its current price of $115.83.Amount of Analyst CoverageDiscover Financial Services has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.87% of the float of Discover Financial Services has been sold short.Short Interest Ratio / Days to CoverDiscover Financial Services has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Discover Financial Services has recently increased by 8.51%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldDiscover Financial Services pays a meaningful dividend of 2.10%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthDiscover Financial Services has been increasing its dividend for 11 years.Dividend CoverageThe dividend payout ratio of Discover Financial Services is 15.49%. 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 16.66% next year. This indicates that Discover Financial Services will be able to sustain or increase its dividend. Previous Next 3.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreDiscover Financial Services has received a 53.30% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Mortgages", "Consumer savings accounts provided by brick and mortar banks", "Consumer transaction accounts provided by brick and mortar banks", "Debit cards", "Credit cards", and "Card payment software" products. See details.Environmental SustainabilityThe Environmental Impact score for Discover Financial Services is -0.24. Previous Next 3.0 News and Social Media Coverage News SentimentDiscover Financial Services has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Discover Financial Services this week, compared to 6 articles on an average week.Search Interest27 people have searched for DFS on MarketBeat in the last 30 days. This is an increase of 125% compared to the previous 30 days.MarketBeat Follows15 people have added Discover Financial Services to their MarketBeat watchlist in the last 30 days. This is an increase of 275% compared to the previous 30 days. Previous Next 2.5 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 $135,684.00 in company stock.Percentage Held by InsidersOnly 0.59% of the stock of Discover Financial Services is held by insiders.Percentage Held by Institutions81.74% 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 2.93% in the coming year, from $14.00 to $14.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Discover Financial Services is 7.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.29.Price to Earnings Ratio vs. SectorThe P/E ratio of Discover Financial Services is 7.48, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 191.47.Price to Earnings Growth RatioDiscover Financial Services has a PEG Ratio of 1.49. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioDiscover Financial Services has a P/B Ratio of 2.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Discover Financial Services (NYSE:DFS) StockDiscover Financial Services is a holding company, which engages in the provision of direct banking and payment services. It operates through the Direct Banking and Payment Services segments. The Direct Banking segment offers Discover-branded credit cards issued to individuals on the Discover Network and other consumer products and services, including private student loans, personal loans, home loans, and other consumer lending and deposit products. The Payment Services segment includes PULSE, Diners Club, and the company's network partners business, which includes credit, debit, and prepaid cards issued on the Discover Network. The company was founded in 1986 and is headquartered in Riverwoods, IL.Read More Receive DFS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Discover Financial Services and its competitors with MarketBeat's FREE daily newsletter. Email Address DFS Stock News HeadlinesJanuary 30, 2023 | marketbeat.comCapital One Stock: Will Subprime Borrowers Spoil the Rally? (DFS)Financial services holding company Capital One Financial Co. (NYSE: COF) stock has been hit due to its exposure to subprime borrowers. As the economy contractsJanuary 31, 2023 | marketwatch.comDiscover Financial Services stock rises Tuesday, outperforms marketFebruary 2, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 26, 2023 | americanbankingnews.comDiscover Financial Services (NYSE:DFS) PT Raised to $118.00January 25, 2023 | finance.yahoo.comA Tale of Two Consumers: JPMorgan Chase vs. Discover Financial's Credit Card TrendsJanuary 25, 2023 | americanbankingnews.comDiscover Financial Services to Post Q1 2024 Earnings of $5.02 Per Share, Jefferies Financial Group Forecasts (NYSE:DFS)January 25, 2023 | americanbankingnews.comWilliam Blair Analysts Decrease Earnings Estimates for Discover Financial Services (NYSE:DFS)January 24, 2023 | marketwatch.comDiscover Financial Services stock outperforms competitors on strong trading dayFebruary 2, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 24, 2023 | finance.yahoo.comThis Screamingly Cheap Bank Stock Is About to Unleash a Buyback BazookaJanuary 24, 2023 | finance.yahoo.comDiscover Financial Services Full Year 2022 Earnings: In Line With ExpectationsJanuary 24, 2023 | americanbankingnews.comQ2 2023 Earnings Estimate for Discover Financial Services Issued By Oppenheimer (NYSE:DFS)January 23, 2023 | fool.comWhy This Wildly Undervalued Stock Is Ready for a Bull Run In 2023January 23, 2023 | americanbankingnews.comDiscover Financial Services (NYSE:DFS) PT Lowered to $120.00 at Credit Suisse GroupJanuary 20, 2023 | finance.yahoo.comMaking Sense of the Early Q4 Results: Is An Earnings Cliff Coming?January 20, 2023 | finance.yahoo.comIs Visa Stock a Buy Going into Earnings?January 20, 2023 | markets.businessinsider.comBMO Capital Keeps Their Hold Rating on Discover Financial Services (DFS)January 19, 2023 | finance.yahoo.comDiscover Financial (DFS) Q4 Earnings Beat on Record Loan GrowthJanuary 19, 2023 | finance.yahoo.comWhy Upstart Was Falling Hard TodayJanuary 19, 2023 | msn.comDiscover Financial Services CEO Roger Hochschild: Sales are up 13% in JanuaryJanuary 19, 2023 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Discover Financial Services (DFS), Charles Schwab (SCHW) and Hippo Holdings (HIPO)January 19, 2023 | msn.comDiscover Financial shares drop on outlook for credit card net charge-offsJanuary 19, 2023 | seekingalpha.comDiscover Financial Services (DFS) Q4 2022 Earnings Call TranscriptJanuary 19, 2023 | finance.yahoo.comWhy Shares of Discover Financial Services Are Falling TodayJanuary 18, 2023 | msn.comDiscover Financial Services declares $0.60 dividendJanuary 18, 2023 | finance.yahoo.comEarnings on Deck: Discover Financial, Procter & Gamble, NetflixJanuary 18, 2023 | finance.yahoo.comDiscover Financial Services Reports Fourth Quarter 2022 Net Income of $1.0 Billion or $3.77 Per Diluted Share and Full Year Net Income of $4.4 Billion or $15.50 Per Diluted ShareSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive DFS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Discover Financial Services and its competitors with MarketBeat's FREE daily newsletter. Email Address DFS Company Calendar Ex-Dividend for 12/8 Dividend11/22/2022Dividend Payable12/08/2022Last Earnings1/19/2023Today2/02/2023Ex-Dividend for 3/9 Dividend2/22/2023Dividend Payable3/09/2023Next Earnings (Estimated)4/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Personal credit institutions Sub-IndustryConsumer Finance SectorFinance Current SymbolNYSE:DFS CUSIP25470910 CIK1393612 Webwww.discover.com Phone(224) 405-0900Fax224-405-4993Employees16,700Year Founded1985Price Target and Rating Average Stock Price Forecast$118.57 High Stock Price Forecast$140.00 Low Stock Price Forecast$97.00 Forecasted Upside/Downside+2.4%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$15.49 Trailing P/E Ratio7.48 Forward P/E Ratio8.27 P/E Growth1.49Net Income$4.39 billion Net Margins28.89% Pretax Margin37.77% Return on Equity33.21% Return on Assets3.69% Debt Debt-to-Equity Ratio1.53 Current Ratio1.08 Quick Ratio1.26 Sales & Book Value Annual Sales$15.20 billion Price / Sales2.08 Cash Flow$19.63 per share Price / Cash Flow5.90 Book Value$53.40 per share Price / Book2.17Miscellaneous Outstanding Shares273,230,000Free Float271,614,000Market Cap$31.65 billion OptionableOptionable Beta1.41 Social Links Key ExecutivesRoger C. HochschildPresident, Chief Executive Officer & DirectorJohn T. GreeneChief Financial Officer & Executive Vice PresidentAmir S. ArooniChief Information Officer & Executive VPCarlos M. MinettiExecutive VP, President-Consumer BankingPeter Daniel CapozziExecutive VP & President-US CardsKey CompetitorsSBA CommunicationsNASDAQ:SBACVICI PropertiesNYSE:VICIDigital Realty TrustNYSE:DLRState StreetNYSE:STTBanco BradescoNYSE:BBDView All CompetitorsInsiders & InstitutionsKestra Private Wealth Services LLCSold 196 shares on 2/1/2023Ownership: 0.004%CWM LLCBought 333 shares on 2/1/2023Ownership: 0.003%Integral Investment Advisors Inc.Sold 322 shares on 2/1/2023Ownership: 0.002%NorthRock Partners LLCSold 201 shares on 2/1/2023Ownership: 0.002%Capital Directions Investment Advisors LLCBought 540 shares on 2/1/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions DFS Stock - Frequently Asked Questions Should I buy or sell Discover Financial Services stock right now? 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Discover Financial Services in the last year. There are currently 1 sell rating, 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" DFS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DFS, but not buy additional shares or sell existing shares. View DFS analyst ratings or view top-rated stocks. What is Discover Financial Services' stock price forecast for 2023? 12 brokerages have issued 1 year price targets for Discover Financial Services' shares. Their DFS share price forecasts range from $97.00 to $140.00. On average, they expect the company's share price to reach $118.57 in the next twelve months. This suggests a possible upside of 2.4% from the stock's current price. View analysts price targets for DFS or view top-rated stocks among Wall Street analysts. How have DFS shares performed in 2023? Discover Financial Services' stock was trading at $97.83 on January 1st, 2023. Since then, DFS shares have increased by 18.4% and is now trading at $115.83. View the best growth stocks for 2023 here. Are investors shorting Discover Financial Services? Discover Financial Services saw a increase in short interest during the month of December. As of December 30th, there was short interest totaling 4,700,000 shares, an increase of 43.3% from the December 15th total of 3,280,000 shares. Based on an average daily trading volume, of 1,950,000 shares, the days-to-cover ratio is currently 2.4 days. Currently, 1.7% of the company's stock are sold short. View Discover Financial Services' Short Interest. When is Discover Financial Services' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023. View our DFS earnings forecast. How were Discover Financial Services' earnings last quarter? Discover Financial Services (NYSE:DFS) posted its earnings results on Thursday, January, 19th. The financial services provider reported $3.77 earnings per share for the quarter, beating the consensus estimate of $3.58 by $0.19. The financial services provider earned $3.73 billion during the quarter, compared to analysts' expectations of $3.68 billion. Discover Financial Services had a trailing twelve-month return on equity of 33.21% and a net margin of 28.89%. Discover Financial Services's revenue for the quarter was up 27.1% on a year-over-year basis. During the same period last year, the business posted $3.64 earnings per share. Read the conference call transcript. How often does Discover Financial Services pay dividends? What is the dividend yield for Discover Financial Services? Discover Financial Services announced a quarterly dividend on Wednesday, January 18th. Investors of record on Thursday, February 23rd will be paid a dividend of $0.60 per share on Thursday, March 9th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.07%. The ex-dividend date is Wednesday, February 22nd. Read our dividend analysis for DFS. Is Discover Financial Services a good dividend stock? Discover Financial Services (NYSE:DFS) pays an annual dividend of $2.40 per share and currently has a dividend yield of 2.10%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 15.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DFS will have a dividend payout ratio of 16.66% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for DFS. How will Discover Financial Services' stock buyback program work? Discover Financial Services announced that its board has initiated a share buyback plan on Wednesday, July 21st 2021, which permits the company to repurchase $2,400,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 6.4% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board believes its shares are undervalued. What is Roger Hochschild's approval rating as Discover Financial Services' CEO? 291 employees have rated Discover Financial Services Chief Executive Officer Roger Hochschild on Glassdoor.com. Roger Hochschild has an approval rating of 86% among the company's employees. 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 AT&T (T), Intel (INTC), JPMorgan Chase & Co. (JPM), AbbVie (ABBV), CVS Health (CVS), Bank of America (BAC), Cisco Systems (CSCO), Walt Disney (DIS), Verizon Communications (VZ) and Visa (V). 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 retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.66%), Sumitomo Mitsui Trust Holdings Inc. (0.31%), Bank of Montreal Can (0.16%), M&G Investment Management Ltd. (0.14%), New York State Teachers Retirement System (0.13%) and Smith Chas P & Associates PA Cpas (0.12%). Insiders that own company stock include Brian Hughes, Carlos Minetti, Cynthia A Glassman, Daniel Peter Capozzi, Diane E Offereins, John Greene, Mary K Bush, Mary K Bush, Michael H Moskow, Robert Andrew Eichfeld, Shifra Kolsky and Wanjiku Juanita Walcott. View institutional ownership trends. How do I buy shares of Discover Financial Services? Shares of DFS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Discover Financial Services' stock price today? One share of DFS stock can currently be purchased for approximately $115.83. How much money does Discover Financial Services make? Discover Financial Services (NYSE:DFS) has a market capitalization of $31.65 billion and generates $15.20 billion in revenue each year. The financial services provider earns $4.39 billion in net income (profit) each year or $15.49 on an earnings per share basis. How many employees does Discover Financial Services have? The company employs 16,700 workers across the globe. Does Discover Financial Services have any subsidiaries? The following companies are subsidiares of Discover Financial Services: DFS Corporate Services LLC, DFS GSD Corp., DFS International Inc., DFS Services LLC, Diners Club International, Diners Club International Ltd., Diners Club Services Private Limited, Diners Club Taiwan Ltd., Discover Bank, Discover Financial Services (Canada) Inc., Discover Financial Services (Hong Kong) Limited, Discover Financial Services (UK) Limited, Discover Funding LLC, Discover Global Employment Company Private Limited, Discover Home Loans Inc., Discover Information Technology (Shanghai) Limited, Discover Products Inc., Discover Properties LLC, Discover Services Corporation, First National Bank Alaska, GTC Insurance Agency Inc., Home Loan Center, PULSE Network LLC, Student Loan Corporation, and The Student Loan Corporation.Read More How can I contact Discover Financial Services? Discover Financial Services' mailing address is 2500 Lake Cook Road, Riverwoods IL, 60015. The official website for the company is www.discover.com. The financial services provider can be reached via phone at (224) 405-0900, via email at investorrelations@discover.com, or via fax at 224-405-4993. This page (NYSE:DFS) was last updated on 2/2/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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 from 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. 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