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Discover Financial Services (DFS) Stock

Profile

Country:

United States

IPO:

14 June 2007

Indexes:

Description:

Discover Financial Services is an American company that provides financial services, issues the Discover Card, and operates the Discover and Pulse payment networks. Discover is the third largest credit card brand in the United States after VISA and Mastercard. The company was formed in 1985 by Sears and was a division of Dean Witter Reynolds, which merged with Morgan Stanley in 1997. In 2007, the division was spun off into an independent publicly traded company. Currently, Discover's headquarters are located in the Chicago suburb of Riverwoods, Illinois. In addition to its card products, Discover also offers deposits, personal loans, student loans, and mortgage lending. Furthermore, in 2006, the company began offering Discover debit cards directly to banks, serviced through the Pulse payment system.

Key Details

Price

$175.00

TTM Dividend Yield

1.60%(-34.43% YoY)

PE Ratio

12.38(+20.08% YoY)

Beta

1.13

Events Calendar

Earnings

Next earnings date:

Jan 22, 2025

Recent quarterly earnings:

Oct 16, 2024

Recent annual earnings:

Jan 17, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Nov 21, 2024
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

09 Dec '24 Keefe, Bruyette & Woods
Outperform
09 Dec '24 JP Morgan
Neutral
30 Oct '24 Evercore ISI Group
In-Line
18 Oct '24 Wells Fargo
Equal-Weight
18 Oct '24 RBC Capital
Sector Perform
07 Oct '24 Evercore ISI Group
In-Line
19 July '24 RBC Capital
Sector Perform
19 July '24 JP Morgan
Neutral
19 July '24 Barclays
Equal-Weight
19 July '24 BMO Capital
Market Perform

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Institutional Ownership

Discover Financial Services Announces Fourth Quarter 2024 Earnings Release on January 22, 2025, and Conference Call on January 23, 2025
Discover Financial Services Announces Fourth Quarter 2024 Earnings Release on January 22, 2025, and Conference Call on January 23, 2025
Discover Financial Services Announces Fourth Quarter 2024 Earnings Release on January 22, 2025, and Conference Call on January 23, 2025
DFS
businesswire.com26 December 2024

RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS) is set to announce its Fourth quarter 2024 results after the market closes on Wednesday, January 22, 2025. The earnings report will be accessible on Discover's Investor Relations website at https://investorrelations.discover.com. A conference call to go over the results will take place on Thursday, January 23, 2025, at 7:00 a.m. Central Time, featuring only prepared statements.

Here's Why Discover (DFS) is a Strong Value Stock
Here's Why Discover (DFS) is a Strong Value Stock
Here's Why Discover (DFS) is a Strong Value Stock
DFS
zacks.com25 December 2024

Are you looking for ways to choose powerful stocks that can outperform the market for your investment portfolio? The Zacks Style Scores can help you with that.

Discover Survey: Save More, Earn More and Spend Less Are Top 2025 Financial Resolutions for American Consumers
Discover Survey: Save More, Earn More and Spend Less Are Top 2025 Financial Resolutions for American Consumers
Discover Survey: Save More, Earn More and Spend Less Are Top 2025 Financial Resolutions for American Consumers
DFS
businesswire.com11 December 2024

RIVERWOODS, Ill.--(BUSINESS WIRE)--A recent national survey by Discover® Personal Loans reveals that just over half (54%) of U.S. consumers intend to set a financial goal for 2025. The most common resolutions include saving more (42%), earning more (35%), and spending less (35%), along with improving credit scores (27%), creating an emergency fund (26%), and paying off or consolidating debt (21%). Additionally, almost all Americans (94%) expect to face at least one obstacle that could hinder their progress.

Why Discover (DFS) is a Top Value Stock for the Long-Term
Why Discover (DFS) is a Top Value Stock for the Long-Term
Why Discover (DFS) is a Top Value Stock for the Long-Term
DFS
zacks.com09 December 2024

Are you looking for ways to choose powerful stocks that can outperform the market for your investment portfolio? The Zacks Style Scores can help you with that.

Why Discover (DFS) is a Top Momentum Stock for the Long-Term
Why Discover (DFS) is a Top Momentum Stock for the Long-Term
Why Discover (DFS) is a Top Momentum Stock for the Long-Term
DFS
zacks.com03 December 2024

No matter if you focus on value, growth, or momentum investing, discovering solid stocks is simpler with the Zacks Style Scores, which is a key part of the Zacks Premium research service.

Discover Financial Services Receives NYSE Notice Regarding Filing of Form 10-Q for the Fiscal Quarter Ended September 30, 2024 and Announces Decision to Restate Certain Prior Period Financial Statements
Discover Financial Services Receives NYSE Notice Regarding Filing of Form 10-Q for the Fiscal Quarter Ended September 30, 2024 and Announces Decision to Restate Certain Prior Period Financial Statements
Discover Financial Services Receives NYSE Notice Regarding Filing of Form 10-Q for the Fiscal Quarter Ended September 30, 2024 and Announces Decision to Restate Certain Prior Period Financial Statements
DFS
businesswire.com25 November 2024

RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS) announced that it received a notice from the New York Stock Exchange (NYSE) on November 19, 2024. This notice states that the company is not following the NYSE Listed Company Manual because it did not file its Quarterly Report on Form 10-Q for the fiscal quarter ending September 30, 2024 on time.

Discover Financial Unites With Telered, Enhances Payment Acceptance
Discover Financial Unites With Telered, Enhances Payment Acceptance
Discover Financial Unites With Telered, Enhances Payment Acceptance
DFS
zacks.com18 November 2024

DFS and Telered have formed a partnership to increase the acceptance of their cards and enhance the experience for cardholders. This collaboration aims to benefit both companies and their customers.

Discover (DFS) Up 15.5% Since Last Earnings Report: Can It Continue?
Discover (DFS) Up 15.5% Since Last Earnings Report: Can It Continue?
Discover (DFS) Up 15.5% Since Last Earnings Report: Can It Continue?
DFS
zacks.com15 November 2024

DFS shared its earnings report 30 days ago. What can we expect for the stock moving forward?

12 Stocks Win Big From Trump's White House Victory
12 Stocks Win Big From Trump's White House Victory
12 Stocks Win Big From Trump's White House Victory
DFS
investors.com06 November 2024

Donald Trump's comeback to the White House is benefiting several S&P 500 stocks significantly. The article titled "12 Stocks Win Big From Trump's White House Victory" was published by Investor's Business Daily.

Discover Financial Services: Well-Positioned If The Acquisition Fails
Discover Financial Services: Well-Positioned If The Acquisition Fails
Discover Financial Services: Well-Positioned If The Acquisition Fails
DFS
seekingalpha.com25 October 2024

Discover Financial Services is a solid investment option, featuring a P/E ratio of around 10, strong credit metrics, and a 2% dividend, regardless of the outcome of the Capital One acquisition. In its third quarter of 2024, the company reported nearly $1 billion in net income, improved net interest margin, and manageable charge-offs, despite a small rise in delinquency rates. With a CET1 ratio of 12.7% and paused share buybacks, Discover has a strong capital position, which could lead to higher returns for shareholders if the acquisition does not go through.

FAQ

  • What is the primary business of Discover Financial Services?
  • What is the ticker symbol for Discover Financial Services?
  • Does Discover Financial Services pay dividends?
  • What sector is Discover Financial Services in?
  • What industry is Discover Financial Services in?
  • What country is Discover Financial Services based in?
  • When did Discover Financial Services go public?
  • Is Discover Financial Services in the S&P 500?
  • Is Discover Financial Services in the NASDAQ 100?
  • Is Discover Financial Services in the Dow Jones?
  • When was Discover Financial Services's last earnings report?
  • When does Discover Financial Services report earnings?
  • Should I buy Discover Financial Services stock now?

What is the primary business of Discover Financial Services?

Discover Financial Services is an American company that provides financial services, issues the Discover Card, and operates the Discover and Pulse payment networks. Discover is the third largest credit card brand in the United States after VISA and Mastercard. The company was formed in 1985 by Sears and was a division of Dean Witter Reynolds, which merged with Morgan Stanley in 1997. In 2007, the division was spun off into an independent publicly traded company. Currently, Discover's headquarters are located in the Chicago suburb of Riverwoods, Illinois. In addition to its card products, Discover also offers deposits, personal loans, student loans, and mortgage lending. Furthermore, in 2006, the company began offering Discover debit cards directly to banks, serviced through the Pulse payment system.

What is the ticker symbol for Discover Financial Services?

The ticker symbol for Discover Financial Services is NYSE:DFS

Does Discover Financial Services pay dividends?

Yes, Discover Financial Services pays dividends. The last payment was $0.70, with an ex-dividend date on 21 November 2024

What sector is Discover Financial Services in?

Discover Financial Services is in the Financial Services sector

What industry is Discover Financial Services in?

Discover Financial Services is in the Credit Services industry

What country is Discover Financial Services based in?

Discover Financial Services is headquartered in United States

When did Discover Financial Services go public?

Discover Financial Services's initial public offering (IPO) was on 14 June 2007

Is Discover Financial Services in the S&P 500?

Yes, Discover Financial Services is included in the S&P 500 index

Is Discover Financial Services in the NASDAQ 100?

No, Discover Financial Services is not included in the NASDAQ 100 index

Is Discover Financial Services in the Dow Jones?

No, Discover Financial Services is not included in the Dow Jones index

When was Discover Financial Services's last earnings report?

Discover Financial Services's most recent earnings report was on 16 October 2024

When does Discover Financial Services report earnings?

The next expected earnings date for Discover Financial Services is 22 January 2025

Should I buy Discover Financial Services stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions