Discover Financial Services Stock Price on April 27, 2024
| DFS Stock | USD 123.20 0.84 0.68% |
Below is the normalized historical share price chart for Discover Financial Services extending back to June 14, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Discover Financial stands at 123.20, as last reported on the 10th of May, with the highest price reaching 123.20 and the lowest price hitting 123.20 during the day.
If you're considering investing in Discover Stock, it is important to understand the factors that can impact its price. Discover Financial appears to be very steady, given 3 months investment horizon. Discover Financial secures Sharpe Ratio (or Efficiency) of 0.1, which denotes the company had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Discover Financial Services, which you can use to evaluate the volatility of the firm. Please utilize Discover Financial's Coefficient Of Variation of 769.72, downside deviation of 1.48, and Mean Deviation of 1.27 to check if our risk estimates are consistent with your expectations.
Common Stock Shares Outstanding is likely to gain to about 341.1 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 10.5 B in 2024. . At this time, Discover Financial's Price Earnings Ratio is comparatively stable compared to the past year. Price To Operating Cash Flows Ratio is likely to gain to 5.74 in 2024, whereas Price Book Value Ratio is likely to drop 1.71 in 2024. Discover Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of July 2007 | 200 Day MA 104.1621 | 50 Day MA 124.3464 | Beta 1.436 |
Discover |
Sharpe Ratio = 0.1014
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.14 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Discover Financial is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Discover Financial by adding it to a well-diversified portfolio.
Price Book 2.1998 | Price Sales 3.0782 | Shares Float 249 M | Dividend Share 2.8 | Wall Street Target Price 134.92 |
Discover Financial Main Headline on 26th of April 2024
Discover Financial Services Will Pay A Dividend Of 0.70 by simplywall.st
Discover Financial Services investors are due to receive a payment of 0.70 per share on 6th of June...
Discover Financial Valuation on April 27, 2024
It is possible to determine the worth of Discover Financial on a given historical date. On April 27, 2024 Discover was worth 125.5 at the beginning of the trading date compared to the closed value of 127.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Discover Financial stock. Still, in general, we apply an absolute valuation method to find Discover Financial's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Discover Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Discover Financial's related companies.
| Open | High | Low | Close | Volume | |
| 128.87 | 129.07 | 125.60 | 125.67 | 1,448,618 | |
04/26/2024 | 125.50 | 128.40 | 125.41 | 127.70 | 1,154,892 |
| 127.90 | 128.53 | 127.17 | 128.00 | 738,151 |
| Backtest Discover Financial | | | Discover Financial History | | | Discover Financial Valuation | Previous | Next |
Discover Financial Trading Date Momentum on April 27, 2024
| On April 29 2024 Discover Financial Services was traded for 128.00 at the closing time. Highest Discover Financial's price during the trading hours was 128.53 and the lowest price during the day was 127.17 . The net volume was 738.2 K. The overall trading history on the 29th of April contributed to the next trading period price appreciation. The overall trading delta to the next next day price was 0.23% . The overall trading delta to current price is 1.19% . |
Discover Financial Fundamentals Correlations and Trends
By evaluating Discover Financial's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Discover Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Discover financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Discover Financial Stock history
Discover Financial investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Discover is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Discover Financial will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Discover Financial stock prices may prove useful in developing a viable investing in Discover Financial
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 254 M | 341.1 M | |
| Net Income Applicable To Common Shares | 4.9 B | 5.2 B |
Discover Financial Stock Technical Analysis
Discover Financial technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Discover Financial Period Price Range
Low | April 26, 2024
| High |
125.50 | 127.70 |
Discover Financial May 10, 2024 Market Strength
Market strength indicators help investors to evaluate how Discover Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Discover Financial shares will generate the highest return on investment. By undertsting and applying Discover Financial stock market strength indicators, traders can identify Discover Financial Services entry and exit signals to maximize returns
| Accumulation Distribution | 26893.51 | |||
| Daily Balance Of Power | 0.7358 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 126.91 | |||
| Day Typical Price | 127.17 | |||
| Price Action Indicator | 1.9 | |||
| Period Momentum Indicator | (4.50) | |||
| Relative Strength Index | 58.89 |
Discover Financial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Discover Financial's price direction in advance. Along with the technical and fundamental analysis of Discover Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Discover to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0874 | |||
| Jensen Alpha | 0.1865 | |||
| Total Risk Alpha | 8.0E-4 | |||
| Sortino Ratio | 0.1253 | |||
| Treynor Ratio | 0.2663 |
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| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Discover Financial Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Discover Financial information on this page should be used as a complementary analysis to other Discover Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Discover Stock analysis
When running Discover Financial's price analysis, check to measure Discover Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Discover Financial is operating at the current time. Most of Discover Financial's value examination focuses on studying past and present price action to predict the probability of Discover Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Discover Financial's price. Additionally, you may evaluate how the addition of Discover Financial to your portfolios can decrease your overall portfolio volatility.
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Is Discover Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Discover Financial. If investors know Discover will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Discover Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.69) | Dividend Share 2.8 | Earnings Share 8.81 | Revenue Per Share 39.502 | Quarterly Revenue Growth 0.028 |
The market value of Discover Financial is measured differently than its book value, which is the value of Discover that is recorded on the company's balance sheet. Investors also form their own opinion of Discover Financial's value that differs from its market value or its book value, called intrinsic value, which is Discover Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Discover Financial's market value can be influenced by many factors that don't directly affect Discover Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Discover Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Discover Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Discover Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.