Discover Financial Services logo

Discover Financial ServicesNYSE: DFS

Profile

Country:

United States

IPO:

14 June 2007

Next earnings report:

17 January 2025

Last dividends:

22 August 2024

Next dividends:

21 November 2024
$38.79 B
0%vs. 3y high
93%vs. sector
-16%vs. 3y high
39%vs. sector
-25%vs. 3y high
77%vs. sector
-28%vs. 3y high
34%vs. sector

Price

after hours | 15 min ago
$154.50+$3.50(+2.32%)
$4.45 B$4.55 B
$4.45 B$965.00 M

Analysts recommendations

Institutional Ownership

DFS Latest News

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

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.

Discover CFO: Cautious Consumers Cause Slide in Card Volume
pymnts.com17 October 2024 Sentiment: NEUTRAL

Discover Financial Services' earnings report for the third quarter suggests that Capital One's acquisition is progressing well. However, many consumers are being careful with their finances, and a lot of families are seeking ways to manage their debt more effectively.

Discover Financial's Q3 Earnings Beat on Interest Income Spike
zacks.com17 October 2024 Sentiment: POSITIVE

DFS' management anticipates that loan growth will be in the low to mid-single digits this year.

Discover (DFS) is a Top-Ranked Value Stock: Should You Buy?
zacks.com17 October 2024 Sentiment: POSITIVE

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 (DFS) Reports Q3 Earnings: What Key Metrics Have to Say
zacks.com16 October 2024 Sentiment: POSITIVE

The main figures for Discover (DFS) provide an overview of the company's performance for the quarter that ended in September 2024. However, it could be helpful to compare some important metrics with Wall Street predictions and the results from the same period last year.

Discover (DFS) Tops Q3 Earnings and Revenue Estimates
zacks.com16 October 2024 Sentiment: POSITIVE

Discover (DFS) reported quarterly earnings of $3.69 per share, which is higher than the Zacks Consensus Estimate of $3.28 per share. This is an increase compared to earnings of $2.59 per share from the same period last year.

Discover Financial quarterly profit jumps on robust interest income, lower provisions
reuters.com16 October 2024 Sentiment: POSITIVE

Discover Financial reported a 43% increase in profit for the third quarter, driven by a rise in net interest income and a decrease in funds set aside for possible bad loans, according to the company's announcement on Wednesday.

Why Discover Financial (DFS) Might Surprise This Earnings Season
zacks.com15 October 2024 Sentiment: POSITIVE

Discover Financial (DFS) is experiencing positive changes in earnings estimates and has a good Zacks Earnings ESP as it approaches the earnings season.

Will Higher Receivable Growth Drive Discover Financial's Q3 Earnings?
zacks.com14 October 2024 Sentiment: POSITIVE

DFS's results for the third quarter are expected to show positive effects from a better net interest margin and an increase in PULSE transactions.

Wall Street's Insights Into Key Metrics Ahead of Discover (DFS) Q3 Earnings
zacks.com11 October 2024 Sentiment: POSITIVE

Instead of just focusing on Wall Street's predictions for Discover (DFS), it's important to examine some of its key metrics to better understand how the company might perform in the quarter that ended in September 2024. This will provide a clearer picture of its potential.

What type of business is 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 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 from?

Discover Financial Services is headquartered in United States

When did Discover Financial Services go public?

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

What is Discover Financial Services website?

https://www.discover.com

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 the previous earnings report?

No data

When does Discover Financial Services earnings report?

The next expected earnings date for Discover Financial Services is 17 January 2025