Most-Downgraded StocksMost-DowngradedNYSE:DFS Discover Financial Services (DFS) Stock Price, News & Analysis → “The Stock Market’s Bull Run is Far from Over” -Barrons (From Vertical Research Advisory) (Ad) Free DFS Stock Alerts $131.09 +3.09 (+2.41%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$127.61▼$131.6550-Day Range$97.33▼$131.1052-Week Range$79.04▼$131.65Volume1.91 million shsAverage Volume1.70 million shsMarket Capitalization$32.85 billionP/E Ratio11.65Dividend Yield2.14%Price Target$121.83 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Discover Financial Services alerts: Email Address Discover Financial Services MarketRank™ Stock AnalysisAnalyst RatingHold2.39 Rating ScoreUpside/Downside7.1% Downside$121.83 Price TargetShort InterestHealthy1.19% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.24Upright™ Environmental ScoreNews Sentiment0.13Based on 18 Articles This WeekInsider TradingSelling Shares$3.75 M Sold Last QuarterProj. Earnings Growth16.26%From $11.38 to $13.23 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.88 out of 5 starsFinance Sector38th out of 834 stocksPersonal Credit Institutions Industry2nd out of 13 stocks 2.2 Analyst's Opinion Consensus RatingDiscover Financial Services has received a consensus rating of Hold. The company's average rating score is 2.39, and is based on 7 buy ratings, 11 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $121.83, Discover Financial Services has a forecasted downside of 7.1% from its current price of $131.09.Amount of Analyst CoverageDiscover Financial Services has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.19% 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 1.2, 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 6.86%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldDiscover Financial Services pays a meaningful dividend of 2.24%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthDiscover Financial Services has been increasing its dividend for 13 years.Dividend CoverageThe dividend payout ratio of Discover Financial Services is 24.89%. 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 21.16% 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 1.7 News and Social Media Coverage News SentimentDiscover Financial Services has a news sentiment score of 0.13. 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 0.59 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 18 news articles for Discover Financial Services this week, compared to 11 articles on an average week.Search InterestOnly 45 people have searched for DFS on MarketBeat in the last 30 days. This is a decrease of -34% compared to the previous 30 days.MarketBeat FollowsOnly 18 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. 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 $3,748,193.00 in company stock.Percentage Held by InsidersOnly 0.69% of the stock of Discover Financial Services is held by insiders.Percentage Held by Institutions86.94% 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. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Discover Financial Services are expected to grow by 16.26% in the coming year, from $11.38 to $13.23 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Discover Financial Services is 11.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.62.Price to Earnings Ratio vs. SectorThe P/E ratio of Discover Financial Services is 11.65, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.42.Price to Earnings Growth RatioDiscover Financial Services has a PEG Ratio of 1.38. 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 2.38. 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 Ad Vertical Research Advisory“The Stock Market’s Bull Run is Far from Over” -BarronsBarron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!Click here for all the details now… About Discover Financial Services Stock (NYSE:DFS)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; private student loans, 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.Read More DFS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DFS Stock News HeadlinesMarch 1, 2024 | marketbeat.comYour Comprehensive Guide to Investing in Bank Stocks (DFS)Bank stocks can offer steady dividend investments. Learn more about investing in bank stocks, particularly during economic downturns and banking crises.March 29, 2024 | finance.yahoo.comGiant Merger Deals Stage a ComebackMarch 30, 2024 | Behind the Markets (Ad)[BUY ALERT] Our #1 A.I. Stock for MarchIt's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.March 28, 2024 | businesswire.comDiscover Financial Services Announces First Quarter 2024 Earnings Release On April 17, 2024, and Conference Call on April 18, 2024March 28, 2024 | investing.comDiscover Financial says CEO Michael Rhodes will step downMarch 27, 2024 | wsj.comDiscover Financial CEO Michael Rhodes ResignsMarch 25, 2024 | americanbankingnews.comDiscover Financial Services (NYSE:DFS) Now Covered by StockNews.comMarch 25, 2024 | americanbankingnews.comQ2 2024 EPS Estimates for Discover Financial Services (NYSE:DFS) Lowered by AnalystMarch 30, 2024 | Behind the Markets (Ad)[BUY ALERT] Our #1 A.I. Stock for MarchIt's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.March 23, 2024 | morningstar.comDiscover Financial Services DFSMarch 23, 2024 | nasdaq.comGuru Fundamental Report for DFSMarch 23, 2024 | americanbankingnews.comHSBC Increases Discover Financial Services (NYSE:DFS) Price Target to $144.00March 22, 2024 | americanbankingnews.comDiscover Financial Services (NYSE:DFS) Reaches New 12-Month High After Analyst UpgradeMarch 21, 2024 | pymnts.comCapital One to Regulators: Discover Deal Will Increase CompetitionMarch 21, 2024 | ca.finance.yahoo.comExclusive-CapOne tells regulators Discover deal will boost competition and stability, sources sayMarch 20, 2024 | americanbankingnews.comDiscover Financial Services (NYSE:DFS) versus goeasy (OTCMKTS:EHMEF) Critical ContrastMarch 19, 2024 | finance.yahoo.comCash bonuses are down across Wall Street. But not for some top execs.March 16, 2024 | finance.yahoo.comDFS Mar 2024 129.000 callMarch 16, 2024 | markets.businessinsider.comDemystifying Discover Finl: Insights From 15 Analyst ReviewsMarch 15, 2024 | markets.businessinsider.comAnalysts’ Top Financial Picks: Discover Financial Services (DFS), Charles Schwab (SCHW)March 14, 2024 | markets.businessinsider.comDiscover Financial Services: A Strong Buy on Effective Credit Management and Growth ProspectsMarch 14, 2024 | finance.yahoo.comDFS May 2024 110.000 putMarch 13, 2024 | fool.comWarren Buffett Bought a Mystery Stock in Q4. Here Are 3 Good Candidates.March 11, 2024 | finance.yahoo.comDiscover Financial Services (NYSE:DFS) shareholders have earned a 13% CAGR over the last five yearsMarch 7, 2024 | msn.comJPMorgan pursued Discover Financial before Capital One's $35B deal - FTMarch 3, 2024 | gurufocus.comCapital One Financial Corp To Acquire Discover Financial Services Call TranscriptFebruary 29, 2024 | finance.yahoo.comHow Discover’s Network Helps Capital One Take On Card and Banking GiantsSee More Headlines 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 Company Calendar Last Earnings1/18/2024Ex-Dividend for 3/7 Dividend2/21/2024Dividend Payable3/07/2024Today3/29/2024Next Earnings (Estimated)4/17/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Personal credit institutions Sub-IndustryConsumer Finance Current SymbolNYSE:DFS CUSIP25470910 CIK1393612 Webwww.discover.com Phone(224) 405-0900Fax224-405-4993Employees21,100Year Founded1985Price Target and Rating Average Stock Price Target$121.83 High Stock Price Target$168.00 Low Stock Price Target$98.00 Potential Upside/Downside-7.1%Consensus RatingHold Rating Score (0-4)2.39 Research Coverage18 Analysts Profitability EPS (Most Recent Fiscal Year)$11.25 Trailing P/E Ratio11.65 Forward P/E Ratio11.52 P/E Growth1.38Net Income$2.94 billion Net Margins14.30% Pretax Margin18.57% Return on Equity22.24% Return on Assets2.08% Debt Debt-to-Equity Ratio1.49 Current Ratio1.13 Quick Ratio1.13 Sales & Book Value Annual Sales$15.86 billion Price / Sales2.07 Cash Flow$12.00 per share Price / Cash Flow10.92 Book Value$55.08 per share Price / Book2.38Miscellaneous Outstanding Shares250,565,000Free Float248,836,000Market Cap$32.85 billion OptionableOptionable Beta1.45 Social Links 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. John Thomas Greene (Age 58)Executive VP & CFO Comp: $2.25MMr. Daniel Peter Capozzi (Age 52)Executive VP & President of Consumer Banking Comp: $2.32MMr. Michael G. Rhodes (Age 58)CEO, President & Director Ms. Shifra KolskyChief Accounting Officer, Senior VP & ControllerMr. Jason J. Strle (Age 47)Executive VP & Chief Information Officer Mr. Eric Edmund WasserstromHead of Investor RelationsMs. Hope D. Mehlman (Age 59)Executive VP, Chief Legal Officer, General Counsel & Secretary Ms. Leslie SuttonVice President of Corporate CommunicationsMr. Keith E. Toney (Age 52)Executive VP and President of Credit & Decision Management Mr. Michael E. Roemer (Age 61)Executive VP & Chief Risk Officer More ExecutivesKey CompetitorsCorporación Inmobiliaria VestaNYSE:VTMXSun Life FinancialNYSE:SLFArch Capital GroupNASDAQ:ACGLExtra Space StorageNYSE:EXRVICI PropertiesNYSE:VICIView All CompetitorsInsiders & InstitutionsNomura Holdings Inc.Bought 60,721 shares on 3/27/2024Ownership: 0.024%HighPoint Advisor Group LLCBought 11,571 shares on 3/26/2024Ownership: 0.005%Quadrature Capital LtdSold 35,421 shares on 3/25/2024Ownership: 0.006%PNC Financial Services Group Inc.Sold 7,431 shares on 3/22/2024Ownership: 0.083%CoreFirst Bank & TrustSold 1,828 shares on 3/18/2024Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions Should I Buy Discover Financial Services Stock? DFS Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Discover Financial Services: Discover Financial Services offers a diverse range of digital banking products and services, catering to the evolving needs of consumers in the digital age. The company operates in two segments, Digital Banking and Payment Services, providing a balanced revenue stream from different sources. Recent market trends indicate a growing demand for digital payment solutions, positioning Discover Financial Services well for potential growth. With a strong focus on consumer lending, including credit cards, personal loans, and home loans, Discover Financial Services has a broad market reach. Investors may find the current stock price of Discover Financial Services attractive for potential value investing opportunities. Cons Investors should be bearish about investing in Discover Financial Services for these reasons: The financial services sector is highly competitive, with established players and new fintech entrants posing challenges to market share and profitability. Regulatory changes in the financial industry could impact Discover Financial Services' operations and profitability, leading to uncertainties for investors. Market volatility and economic uncertainties may affect consumer spending patterns, potentially impacting Discover Financial Services' revenue streams. Interest rate fluctuations can influence the profitability of financial institutions like Discover Financial Services, affecting investor returns. Investors should carefully consider the overall economic conditions and industry outlook before making investment decisions related to Discover Financial Services. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, March 26, 2024. Please send any questions or comments about these Discover Financial Services pros and cons to contact@marketbeat.com. DFS Stock Analysis - Frequently Asked Questions Should I buy or sell Discover Financial Services stock right now? 18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Discover Financial Services in the last twelve months. There are currently 11 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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 target for 2024? 18 brokerages have issued twelve-month price targets for Discover Financial Services' stock. Their DFS share price targets range from $98.00 to $168.00. On average, they predict the company's share price to reach $121.83 in the next twelve months. This suggests that the stock has a possible downside of 7.1%. View analysts price targets for DFS or view top-rated stocks among Wall Street analysts. How have DFS shares performed in 2024? Discover Financial Services' stock was trading at $112.40 on January 1st, 2024. Since then, DFS shares have increased by 16.6% and is now trading at $131.09. View the best growth stocks for 2024 here. Are investors shorting Discover Financial Services? Discover Financial Services saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 2,960,000 shares, an increase of 6.9% from the February 29th total of 2,770,000 shares. Based on an average trading volume of 2,390,000 shares, the short-interest ratio is presently 1.2 days. Currently, 1.2% of the shares of the 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 17th 2024. View our DFS earnings forecast. How were Discover Financial Services' earnings last quarter? Discover Financial Services (NYSE:DFS) announced its quarterly earnings data on Thursday, January, 18th. The financial services provider reported $1.54 EPS for the quarter, missing analysts' consensus estimates of $2.50 by $0.96. The financial services provider earned $4.20 billion during the quarter, compared to analyst estimates of $4.10 billion. Discover Financial Services had a net margin of 14.30% and a trailing twelve-month return on equity of 22.24%. Discover Financial Services's quarterly revenue was up 12.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.77 EPS. 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 declared a quarterly dividend on Wednesday, January 17th. Investors of record on Thursday, February 22nd will be paid a dividend of $0.70 per share on Thursday, March 7th. This represents a $2.80 annualized dividend and a yield of 2.14%. The ex-dividend date is Wednesday, February 21st. Read our dividend analysis for DFS. Is Discover Financial Services a good dividend stock? Discover Financial Services (NYSE:DFS) pays an annual dividend of $2.80 per share and currently has a dividend yield of 2.24%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 24.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DFS will have a dividend payout ratio of 21.16% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for DFS. What ETFs hold Discover Financial Services' stock? ETFs with the largest weight of Discover Financial Services (NYSE:DFS) stock in their portfolio include Amplify Mobile Payments ETF (IPAY), First Trust Nasdaq Bank ETF (FTXO), Principal Millennial Global Growth ETF (GENY), iShares Focused Value Factor ETF (FOVL), First Trust NASDAQ Rising Dividend Achievers (RDVY), FT Vest Rising Dividend Achievers Target Income ETF (RDVI), BlackRock Future Financial and Technology ETF (BPAY) and VanEck Morningstar SMID Moat ETF (SMOT). How will Discover Financial Services' stock buyback program work? Discover Financial Services declared that its board has approved a share repurchase program on Wednesday, April 19th 2023, which permits the company to buyback $2,700,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 9.8% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's management believes its stock is 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). Who are Discover Financial Services' major shareholders? Discover Financial Services' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (12.93%), Vanguard Group Inc. (12.90%), Capital World Investors (8.25%), Boston Partners (3.63%), Dimensional Fund Advisors LP (1.46%) and Norges Bank (1.15%). Insiders that own company stock include Carlos Minetti, Cynthia A Glassman, Daniel Peter Capozzi, Diane E Offereins, John Greene, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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 This page (NYSE:DFS) was last updated on 3/30/2024 by MarketBeat.com Staff From Our PartnersDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsI tried to warn you Porter & CompanyTop Project Outperforms BTC in 2023…Crypto 101 Media“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceIs AI Energy Really 4 Million Times More Powerful Than Oil? 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