Checking the Overall Picture for Discover Financial Services (DFS)


Discover Financial Services had 45 analyst reports since July 24, 2015 according to SRatingsIntel. Its book value per share for the most recent quarter is $27.73 while its price to book ratio for the same period is 2.17, as for as the company's cash per share for the most recent quarter is $0, however its price to cash per share ratio for the same period is 0. Xact Kapitalforvaltning AB increased its stake in Discover Financial Services by 3.4% in the first quarter.

On the other hand the company has Relative Strength Index (RSI 14) of 30.64 along with Average True Range (ATR 14) of 1.12, Consequently Discover Financial Services (NYSE:DFS)'s weekly and monthly volatility is 1.62%, 1.77% respectively. Cable Hill Partners LLC boosted its position in shares of Discover Financial Services by 112.1% in the third quarter.

Discover Financial Services (NYSE:DFS) last issued its quarterly earnings data on Tuesday, April 25th.

01/06/2017 - Compass Point began new coverage on Discover Financial Services giving the company a "buy" rating. Victory Cap Mgmt Inc owns 84,049 shares. Xact Kapitalforvaltning AB now owns 79,637 shares of the financial services provider's stock valued at $5,446,000 after buying an additional 2,629 shares during the last quarter.

Hillcrest Asset Management Llc decreased Cirrus Logic Inc (CRUS) stake by 31.45% reported in 2016Q4 SEC filing. Discover Financial Services (NYSE:DFS) traded up 0.05% on Friday, reaching $60.27. Capital One National Association acquired 4,598 shares as Discover Finl Svcs (DFS)'s stock 0.00%. Shares are trading -10.41% below their 50-day moving average, and -7.83% below their 200-day moving average. The company has market cap of $23.08 billion. Now Great Plains Energy Incorporated $30.75 target price is just $1.25 shy of the official lowest sell-side analyst price target on Wall Street. The total market capitalization remained at $4.82 billion. After $1.43 actual EPS reported by Discover Financial Services for the previous quarter, Wall Street now forecasts 4.90 % EPS growth.

The High Revenue estimate is predicted as 2.46 Billion, while the Low Revenue Estimate prediction stands at 2.37 Billion. Return on Equity (ROE) stands at 21.6% and Return on Investment (ROI) of 11.3 percent. Past 5 years growth of Discover Financial Services (NYSE:DFS) observed at 5.32%, looking forward for the next 5 years it has a strong prediction of 8.43% over growth. During the same quarter in the prior year, the firm posted $1.35 EPS.

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Discover Financial Services (NYSE:DFS) last released its quarterly earnings results on Tuesday, April 25th. The ex-dividend date is Tuesday, May 9th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.99%. Old Mutual Invsts (Uk) has invested 2.41% in Discover Financial Services (NYSE:DFS). If you are reading this story on another publication, it was stolen and republished in violation of U.S. and worldwide copyright & trademark legislation. If you are accessing this report on another publication, it was copied illegally and republished in violation of US & worldwide copyright and trademark law. FMR LLC now owns 9,844,614 shares of the financial services provider's stock valued at $709,698,000 after buying an additional 355,684 shares in the last quarter. Delta Lloyd Nv reported 0.14% stake.

5/16/2017-Royal Bank of Canada Reiterated Rating of Buy.

Analysts at William Blair cut their Q2 2017 EPS estimates for Discover Financial Services in a research report issued on Wednesday, Zacks Investment Research reports. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and seventeen have assigned a buy rating to the company. As per Monday, July 18, the company rating was maintained by Deutsche Bank. Also, CEO David W. Nelms sold 15,000 shares of the business's stock in a transaction that occurred on Monday, April 3rd. The stock was sold at an average price of $67.73, for a total transaction of $677,300.00. Following the completion of the sale, the chief financial officer now owns 98,905 shares of the company's stock, valued at approximately $6,379,372.50.

After the disclosing of a report filled with Security and Exchange Commission; a insider trading trade became apparent. In the last quarter, insiders sold 114,342 shares of company stock valued at $7,344,016. The disclosure for this sale can be found here. The stock has been downbeat for quite some time as is down -4.88% for the last 20 trading days, and now the firm's performance is turning out to be bearish with a -1.20% fall for the week. Institutional investors own 85.54% of the company's stock.

Discover Financial Services is a direct banking and payment services company. The Company's Direct Banking segment includes consumer banking and lending products, specifically Discover-branded credit cards issued to individuals and small businesses on the Discover Network and other consumer banking products and services.