1 week Ago By Defense World Staff
Discover Financial Services ( NYSE:DFS ) shares gapped down before the market opened on Friday . The stock had previously closed at $158.62, but opened at $154.
59. Discover Financial Services shares last traded at $155.14, with a volume of 183,037 shares.
Wall Street Analyst Weigh In A number of research analysts have recently weighed in on the company. Wells Fargo & Company raised their target price on Discover Financial Services from $185.00 to $214.
00 and gave the company an “equal weight” rating in a report on Friday, January 24th. StockNews.com downgraded shares of Discover Financial Services from a “buy” rating to a “hold” rating in a report on Wednesday, April 2nd.
UBS Group upgraded shares of Discover Financial Services from a “neutral” rating to a “buy” rating and increased their target price for the company from $150.00 to $239.00 in a report on Monday, January 13th.
Truist Financial cut their price target on shares of Discover Financial Services from $262.00 to $219.00 and set a “buy” rating on the stock in a report on Friday, March 21st.
Finally, Royal Bank of Canada increased their price objective on shares of Discover Financial Services from $193.00 to $210.00 and gave the company a “sector perform” rating in a research note on Friday, January 24th.
Seven research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $188.40.
Check Out Our Latest Stock Report on Discover Financial Services Discover Financial Services Trading Down 1.0 % Discover Financial Services ( NYSE:DFS – Get Free Report ) last posted its quarterly earnings results on Wednesday, January 22nd. The financial services provider reported $5.
11 earnings per share for the quarter, topping the consensus estimate of $3.13 by $1.98.
Discover Financial Services had a return on equity of 26.18% and a net margin of 17.29%.
Equities analysts anticipate that Discover Financial Services will post 13.88 earnings per share for the current year. Discover Financial Services Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Friday, June 6th.
Stockholders of record on Friday, May 23rd will be paid a $0.70 dividend. The ex-dividend date of this dividend is Friday, May 23rd.
This represents a $2.80 annualized dividend and a dividend yield of 1.78%.
Discover Financial Services’s payout ratio is 17.54%. Institutional Trading of Discover Financial Services Institutional investors have recently added to or reduced their stakes in the stock.
SBI Securities Co. Ltd. bought a new position in Discover Financial Services in the 4th quarter worth about $33,000.
Mattson Financial Services LLC purchased a new position in shares of Discover Financial Services during the fourth quarter worth about $34,000. Flagship Wealth Advisors LLC purchased a new stake in Discover Financial Services in the fourth quarter valued at approximately $34,000. Bfsg LLC bought a new stake in Discover Financial Services during the fourth quarter valued at approximately $35,000.
Finally, Grove Bank & Trust grew its stake in Discover Financial Services by 78.1% in the 4th quarter. Grove Bank & Trust now owns 203 shares of the financial services provider’s stock worth $35,000 after buying an additional 89 shares in the last quarter.
Hedge funds and other institutional investors own 86.94% of the company’s stock. About Discover Financial Services ( Get Free Report ) 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. Featured Stories Five stocks we like better than Discover Financial Services What is Short Interest? How to Use It Robinhood Strategies Could Be a Game-Changer for Young Investors What is a buyback in stocks? A comprehensive guide for investors Are These 3 Retail Stocks Oversold or Really in Trouble? What Are Dividend Achievers? An Introduction IONQ & RGTI Join DARPA Quantum Initiative: High Stakes Are Ahead Receive News & Ratings for Discover Financial Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Discover Financial Services and related companies with MarketBeat.
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