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

Discover Financial Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "DFS."

Discover Financial Services announced a quarterly dividend on Tuesday, January 21st. Shareholders of record on Thursday, February 20th will be given a dividend of $0.44 per share on Thursday, March 5th. This represents a $1.76 dividend on an annualized basis and a yield of 2.55%. The ex-dividend date is Wednesday, February 19th. View Discover Financial Services' Dividend History.

Discover Financial Services declared that its board has initiated a share buyback program on Thursday, July 19th 2018, which permits the company to repurchase $3,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 11.9% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

Discover Financial Services (NYSE:DFS) issued its quarterly earnings data on Thursday, January, 23rd. The financial services provider reported $2.25 earnings per share for the quarter, beating analysts' consensus estimates of $2.24 by $0.01. The financial services provider had revenue of $2.94 billion for the quarter, compared to analyst estimates of $2.94 billion. Discover Financial Services had a net margin of 20.94% and a return on equity of 26.25%. The business's revenue was up 4.9% on a year-over-year basis. During the same period in the prior year, the company earned $2.03 earnings per share. View Discover Financial Services' Earnings History.

Discover Financial Services is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for Discover Financial Services.

18 equities research analysts have issued twelve-month price objectives for Discover Financial Services' shares. Their forecasts range from $56.00 to $99.00. On average, they anticipate Discover Financial Services' share price to reach $87.07 in the next year. This suggests a possible upside of 26.2% from the stock's current price. View Analyst Price Targets for 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, 9 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Discover Financial Services.

Media coverage about DFS stock has trended negative recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Discover Financial Services earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Discover Financial Services.

Discover Financial Services saw a increase in short interest in January. As of January 15th, there was short interest totalling 5,780,000 shares, an increase of 17.7% from the December 31st total of 4,910,000 shares. Based on an average daily trading volume, of 1,450,000 shares, the days-to-cover ratio is presently 4.0 days. Currently, 1.9% of the company's shares are short sold. View Discover Financial Services' Current Options Chain.

Some companies that are related to Discover Financial Services include American Express (AXP), Capital One Financial (COF), Credit Acceptance (CACC), SLM (SLM), FirstCash (FCFS), Nelnet (NNI), Green Dot (GDOT), Pra Group (PRAA), Encore Capital Group (ECPG), World Acceptance (WRLD), Regional Management (RM), EZCORP (EZPW), Nicholas Financial (NICK) and Asta Funding (ASFI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Discover Financial Services investors own include Visa (V), JPMorgan Chase & Co. (JPM), Walt Disney (DIS), CVS Health (CVS), AT&T (T), Verizon Communications (VZ), Cisco Systems (CSCO), AbbVie (ABBV), Intel (INTC) and Bank of America (BAC).

Discover Financial Services' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Capital World Investors (7.56%), State Street Corp (4.44%), FMR LLC (2.91%), Boston Partners (2.37%), LSV Asset Management (1.77%) and Geode Capital Management LLC (1.65%). 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, Michele Marrandino, R Mark Graf, Roger C Hochschild and Wanjiku Juanita Walcott. View Institutional Ownership Trends for Discover Financial Services.

DFS stock was sold by a variety of institutional investors in the last quarter, including Eaton Vance Management, Jacobs Levy Equity Management Inc., Diamond Hill Capital Management Inc., Renaissance Technologies LLC, AJO LP, Victory Capital Management Inc., Mackay Shields LLC and Man Group plc. 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, Mary K Bush, Michael H Moskow and R Mark Graf. View Insider Buying and Selling for Discover Financial Services.

DFS stock was acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Capital World Investors, FMR LLC, AQR Capital Management LLC, Geode Capital Management LLC, M&G Investment Management Ltd., NorthCoast Asset Management LLC and Bessemer Group Inc.. Company insiders that have bought Discover Financial Services stock in the last two years include John Greene, Michele Marrandino, Roger C Hochschild and Wanjiku Juanita Walcott. View Insider Buying and Selling for 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.

One share of DFS stock can currently be purchased for approximately $69.00.

Discover Financial Services has a market capitalization of $21.63 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 16,600 workers across the globe.View Additional Information About Discover Financial Services.

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

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]