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

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$71.94 +0.44 (+0.62 %)
(As of 03/21/2019 11:38 AM ET)
Previous Close$71.50
Today's Range$70.88 - $72.00
52-Week Range$54.36 - $80.36
Volume50,036 shs
Average Volume1.97 million shs
Market Capitalization$23.62 billion
P/E Ratio9.23
Dividend Yield2.17%
Beta1.6
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.

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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$8.25 per share
Book Value$32.18 per share

Profitability

Net Income$2.74 billion

Miscellaneous

Employees16,600
Market Cap$23.62 billion
Next Earnings Date4/25/2019 (Estimated)
OptionableOptionable

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, January 17th. Investors of record on Thursday, February 21st will be paid a dividend of $0.40 per share on Thursday, March 7th. This represents a $1.60 dividend on an annualized basis and a yield of 2.23%. The ex-dividend date of this dividend is Wednesday, February 20th. View Discover Financial Services' Dividend History.

How will Discover Financial Services' stock buyback program work?

Discover Financial Services announced that its board has initiated a share repurchase 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 repurchase up to 11.9% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's management believes its stock is undervalued.

How were Discover Financial Services' earnings last quarter?

Discover Financial Services (NYSE:DFS) announced its earnings results on Thursday, January, 24th. The financial services provider reported $2.03 EPS for the quarter, missing the Zacks' consensus estimate of $2.09 by $0.06. The financial services provider had revenue of $2.81 billion for the quarter, compared to analyst estimates of $2.81 billion. Discover Financial Services had a net margin of 21.25% and a return on equity of 26.22%. Discover Financial Services's revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter last year, the company earned $1.51 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, April 25th 2019. View Earnings Estimates for Discover Financial Services.

What price target have analysts set for DFS?

14 Wall Street analysts have issued 12-month target prices for Discover Financial Services' stock. Their forecasts range from $74.00 to $91.00. On average, they expect Discover Financial Services' share price to reach $81.8408 in the next twelve months. This suggests a possible upside of 13.9% from the stock's current price. View Analyst Price Targets for Discover Financial Services.

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

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

Has Discover Financial Services been receiving favorable news coverage?

Media coverage about DFS stock has been trending somewhat positive this week, InfoTrie Sentiment reports. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Discover Financial Services earned a news sentiment score of 1.7 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future.

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), Visa (V), JPMorgan Chase & Co. (JPM), Wells Fargo & Co (WFC), Cisco Systems (CSCO), Exxon Mobil (XOM), Gilead Sciences (GILD), Bank of America (BAC), General Electric (GE) and Verizon Communications (VZ).

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. David W. Nelms, Exec. Officer (Age 58)
  • Mr. Carlos M. Minetti, Exec. VP & Pres of Consumer Banking (Age 56)
  • Ms. Diane E. Offereins, Exec. VP & Pres of Payment Services (Age 61)

Who are Discover Financial Services' major shareholders?

Discover Financial Services' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.68%), Boston Partners (3.70%), FMR LLC (2.71%), LSV Asset Management (1.97%), Diamond Hill Capital Management Inc. (1.95%) and Geode Capital Management LLC (1.40%). 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, James V Panzarino, Julie A Loeger, 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 Epoch Investment Partners Inc., TD Asset Management Inc., Massachusetts Financial Services Co. MA, Diamond Hill Capital Management Inc., Barrow Hanley Mewhinney & Strauss LLC, Bank of New York Mellon Corp, Canada Pension Plan Investment Board and Boston Partners. Company insiders that have sold Discover Financial Services company stock in the last year include Carlos Minetti, Cynthia A Glassman, David W Nelms, Diane E Offereins, Edward W Mcgrogan, Glenn P Schneider, Kathryn Mcnamara Corley, Mary K Bush, Michael H Moskow and Roger C Hochschild. View Insider Buying and Selling 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 Norges Bank, Oregon Public Employees Retirement Fund, Principal Financial Group Inc., MERIAN GLOBAL INVESTORS UK Ltd, Squarepoint Ops LLC, Bank of Montreal Can, APG Asset Management N.V. and Eaton Vance Management. 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 $71.87.

How big of a company is Discover Financial Services?

Discover Financial Services has a market capitalization of $23.60 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.

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:  1,089 (Vote Outperform)
Underperform Votes:  540 (Vote Underperform)
Total Votes:  1,629
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 3/21/2019 by MarketBeat.com Staff

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