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NYSE:DFS

Discover Financial Services (DFS) Stock Price, News & Analysis

Discover Financial Services logo
$173.89 +1.12 (+0.65%)
(As of 10:25 AM ET)

About Discover Financial Services Stock (NYSE:DFS)

Key Stats

Today's Range
$172.60
$174.05
50-Day Range
$129.34
$182.55
52-Week Range
$85.19
$188.26
Volume
201,418 shs
Average Volume
1.68 million shs
Market Capitalization
$43.66 billion
P/E Ratio
14.03
Dividend Yield
1.61%
Price Target
$138.81
Consensus Rating
Hold

Company Overview

Discover Financial Services, through its subsidiaries, provides digital banking products and services, and payment services in the United States. It operates in two segments, Digital Banking and Payment Services. The Digital Banking segment offers Discover-branded credit cards to individuals; personal loans, home loans, and other consumer lending; and direct-to-consumer deposit products comprising savings accounts, certificates of deposit, money market accounts, IRA certificates of deposit, IRA savings accounts and checking accounts, and sweep accounts. The Payment Services segment operates the PULSE to access automated teller machines, debit, and electronic funds transfer network; and Diners Club International, a payments network that issues Diners Club branded charge cards and/or provides card acceptance services, as well as offers payment transaction processing and settlement services. The company was incorporated in 1960 and is based in Riverwoods, Illinois.

Discover Financial Services Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
80th Percentile Overall Score

DFS MarketRank™: 

Discover Financial Services scored higher than 80% of companies evaluated by MarketBeat, and ranked 271st out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Discover Financial Services has received a consensus rating of Hold. The company's average rating score is 2.37, and is based on 7 buy ratings, 12 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Discover Financial Services has only been the subject of 3 research reports in the past 90 days.

  • Read more about Discover Financial Services' stock forecast and price target.
  • Earnings Growth

    Earnings for Discover Financial Services are expected to decrease by -4.42% in the coming year, from $13.34 to $12.75 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Discover Financial Services is 13.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.79.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Discover Financial Services is 13.95, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.86.

  • Price to Earnings Growth Ratio

    Discover Financial Services has a PEG Ratio of 1.10. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Discover Financial Services has a P/B Ratio of 2.51. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Discover Financial Services' valuation and earnings.
  • Percentage of Shares Shorted

    1.71% of the float of Discover Financial Services has been sold short.
  • Short Interest Ratio / Days to Cover

    Discover Financial Services has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Discover Financial Services has recently increased by 12.96%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Discover Financial Services pays a meaningful dividend of 1.62%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Discover Financial Services has been increasing its dividend for 13 years.

  • Dividend Coverage

    The dividend payout ratio of Discover Financial Services is 22.60%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Discover Financial Services will have a dividend payout ratio of 21.96% next year. This indicates that Discover Financial Services will be able to sustain or increase its dividend.

  • Read more about Discover Financial Services' dividend.
  • Percentage of Shares Shorted

    1.71% of the float of Discover Financial Services has been sold short.
  • Short Interest Ratio / Days to Cover

    Discover Financial Services has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Discover Financial Services has recently increased by 12.96%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Discover Financial Services has a news sentiment score of 0.95. 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 higher news sentiment than the 0.76 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 23 news articles for Discover Financial Services this week, compared to 11 articles on an average week.
  • Search Interest

    Only 6 people have searched for DFS on MarketBeat in the last 30 days. This is a decrease of -65% compared to the previous 30 days.
  • MarketBeat Follows

    Only 7 people have added Discover Financial Services to their MarketBeat watchlist in the last 30 days. This is a decrease of -36% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Discover Financial Services insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.69% of the stock of Discover Financial Services is held by insiders.

  • Percentage Held by Institutions

    86.94% 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.

  • Read more about Discover Financial Services' insider trading history.
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DFS Stock News Headlines

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Early Warning: A Deep Crack Is Forming In The US Economy Stocks are booming thanks to Trump’s landslide victory. Yet one former Trump advisor says the picture is less rosy than it seems. “I’ve found a deep crack forming in the foundations of the US economy,” he says. “And before too long, it could tear our country apart.” It’s critical you learn more today, BEFORE it impacts your money and your retirement.
TD Cowen Remains a Buy on Discover Financial Services (DFS)
See More Headlines

DFS Stock Analysis - Frequently Asked Questions

Discover Financial Services' stock was trading at $112.40 at the start of the year. Since then, DFS stock has increased by 53.7% and is now trading at $172.80.
View the best growth stocks for 2024 here
.

Discover Financial Services (NYSE:DFS) released its earnings results on Wednesday, October, 16th. The financial services provider reported $3.69 earnings per share for the quarter, beating analysts' consensus estimates of $3.28 by $0.41. The financial services provider earned $5.91 billion during the quarter, compared to the consensus estimate of $4.36 billion. Discover Financial Services had a net margin of 13.78% and a trailing twelve-month return on equity of 21.38%.
Read the conference call transcript
.

Discover Financial Services' Board of Directors initiated a stock buyback plan on Wednesday, April 19th 2023, which authorizes the company to buy back $2,700,000,000 in shares, according to EventVestor. This means that the company could purchase up to 9.8% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's leadership believes its shares are undervalued.

The following companies are subsidiaries of Discover Financial Services: Home Loan Center, Student Loan Corporation, First National Bank Alaska, Diners Club International, DFS Corporate Services LLC, DFS GSD Corp., DFS International Inc., and others.

Top institutional shareholders of Discover Financial Services include State Street Corp (4.18%), FMR LLC (2.98%), Geode Capital Management LLC (2.42%) and Sessa Capital IM L.P. (0.98%). Insiders that own company stock include Carlos Minetti, Michael H Moskow, Robert Andrew Eichfeld, John Greene, Shifra Kolsky and Daniel Peter Capozzi.
View institutional ownership trends
.

Shares of DFS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Discover Financial Services investors own include NVIDIA (NVDA), Chevron (CVX), Meta Platforms (META), Bristol-Myers Squibb (BMY), Broadcom (AVGO), Salesforce (CRM) and Advanced Micro Devices (AMD).

Company Calendar

Ex-Dividend for 9/5 Dividend
8/22/2024
Dividend Payable
9/05/2024
Last Earnings
10/16/2024
Today
11/21/2024
Ex-Dividend for 12/5 Dividend
11/21/2024
Dividend Payable
12/05/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
1/15/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Personal credit institutions
Sub-Industry
Consumer Finance
CUSIP
25470910
Employees
21,100
Year Founded
1985

Price Target and Rating

Average Stock Price Target
$138.81
High Stock Price Target
$168.00
Low Stock Price Target
$98.00
Potential Upside/Downside
-19.7%
Consensus Rating
Hold
Rating Score (0-4)
2.37
Research Coverage
19 Analysts

Profitability

Net Income
$2.94 billion
Pretax Margin
18.45%

Debt

Sales & Book Value

Annual Sales
$20.61 billion
Cash Flow
$11.74 per share
Book Value
$68.75 per share

Miscellaneous

Free Float
249,340,000
Market Cap
$43.38 billion
Optionable
Optionable
Beta
1.41

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This page (NYSE:DFS) was last updated on 11/21/2024 by MarketBeat.com Staff
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