Its Stock Has Paid Off Big Time For Discover Financial Services

With 3.35 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.35 million shares. During the session, the Credit Services company that operates in wider Financial sector, reached to the highest price of $180.45 whereas the lowest price it dropped to was $174.72. The 52-week range on DFS shows that it touched its highest point at $188.26 and its lowest point at $82.15 during that stretch. It currently has a 1-year price target of $158.17. With its current market cap of 43.94 billion, DFS has annualized dividend of $2.80 while the current yield stands at 1.60%. DFS paid its most recent dividend on 1724284800, while the ex-dividend date for that was 1732147200. Beta for the stock currently stands at 1.43.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DFS was up-trending over the past week, with a rise of 17.90%, but this was up by 22.25% over a month. Three-month performance surged to 38.46% while six-month performance rose 41.08%. The stock gained 106.22% in the past year, while it has gained 55.69% so far this year. A look at the trailing 12-month EPS for DFS yields 12.39 with Next year EPS estimates of 12.79. For the next quarter, that number is 3.08. This implies an EPS growth rate of 24.06% for this year and -8.37% for next year.

Float and Shares Shorts:

At present, 250.10 million DFS shares are outstanding with a float of 249.78 million shares on hand for trading. On 2024-10-15, short shares totaled 3.78 million, which was 150.0 higher than short shares on 1726185600. In addition to Mr. J. Michael Shepherd as the firm’s Interim CEO, President & Director, Mr. John Thomas Greene serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.86213 of DFS’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DFS since 12 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With DFS analysts setting a high price target of 173.0 and a low target of 118.0, the average target price over the next 12 months is 155.09. Based on these targets, DFS could drop -1.14% to reach the target high and fall by -32.57% to reach the target low. Reaching the average price target will result in a decline of -11.38% from current levels.

Analysts have provided yearly estimates in a range of $15.43038 being high and $13.25591 being low. For DFS, this leads to a yearly average estimate of $13.95634. The surprise factor in the prior quarter was $3.07. Based on analyst estimates, the high estimate for the next quarter is $4.16 and the low estimate is $2.39. The average estimate for the next quarter is thus $3.16.