Discover Financial Services Stock Today
| DFS Stock | USD 129.24 2.56 2.02% |
Performance13 of 100
| Odds Of DistressLess than 29
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Discover Financial is selling for under 129.24 as of the 24th of April 2024; that is 2.02 percent up since the beginning of the trading day. The stock's lowest day price was 126.0. Discover Financial has about a 29 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for Discover Financial Services are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of May 2022 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 2nd of July 2007 | Classification Financials |
Discover Financial Services, through its subsidiaries, provides digital banking products and services, and payment services in the United States. The company was incorporated in 1960 and is based in Riverwoods, Illinois. Discover Financial operates under Credit Services classification in the United States and is traded on New York Stock Exchange. The company has 250.56 M outstanding shares of which 2.83 M shares are currently shorted by investors with about 1.66 days to cover. More on Discover Financial Services
Moving together with Discover Stock
| 0.79 | GS | Goldman Sachs Group Financial Report 17th of July 2024 | PairCorr |
| 0.8 | MA | Mastercard Earnings Call This Week | PairCorr |
| 0.69 | MS | Morgan Stanley Financial Report 16th of July 2024 | PairCorr |
Moving against Discover Stock
| 0.67 | ECPG | Encore Capital Group Financial Report 1st of May 2024 | PairCorr |
| 0.58 | WAVS | Western Acquisition | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 17th of July 2024
Discover Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Discover Financial's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Discover Financial or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Discover Financial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Discover Financial's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| President CEO | Michael Rhodes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | FinTech (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Global Daily Fantasy Sports Inc | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Consumer Finance, Financial Services, NYSE Composite, SP 500 Index, FinTech, Financials, Consumer Finance, Credit Services, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Discover Financial report their recommendations after researching Discover Financial's financial statements, talking to executives and customers, or listening in on Discover Financial's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Discover Financial. The Discover consensus assessment is calculated by taking the average forecast from all of the analysts covering Discover Financial. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Discover Financial's profitability, liquidity, and operating efficiency, Discover Financial Services is doing better financially then in previous quarter. It has a moderate chance of reporting better financial numbers in May. Financial strength of Discover Financial is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Discover Financial's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Discover Financial's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Discover Financial's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Discover Financial's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Discover Financial's financial leverage. It provides some insight into what part of Discover Financial's total assets is financed by creditors.
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Discover Financial Services (DFS) is traded on New York Stock Exchange in USA. It is located in 2500 Lake Cook Road, Riverwoods, IL, United States, 60015 and employs 21,100 people. Discover Financial is listed under Consumer Finance category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 31.74 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Discover Financial's market, we take the total number of its shares issued and multiply it by Discover Financial's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Discover Financial runs under Consumer Finance sector within Financials industry. The entity has 250.56 M outstanding shares of which 2.83 M shares are currently shorted by investors with about 1.66 days to cover.
Discover Financial Services has about 10 B in cash with 8.56 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 36.61.
Check Discover Financial Probability Of Bankruptcy
Ownership AllocationDiscover Financial holds a total of 250.56 Million outstanding shares. The majority of Discover Financial Services outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Discover Financial to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Discover Financial. Please pay attention to any change in the institutional holdings of Discover Financial Services as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Discover Ownership Details
Discover Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Discover Financial jumping above the current price in 90 days from now is about 10.32%. The Discover Financial Services probability density function shows the probability of Discover Financial stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.0164 suggesting Discover Financial Services market returns are related to returns on the market. As the market goes up or down, Discover Financial is expected to follow. Additionally, discover Financial Services has an alpha of 0.3445, implying that it can generate a 0.34 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Discover Financial to move above the current price in 90 days from now is about 10.32 (This Discover Financial Services probability density function shows the probability of Discover Stock to fall within a particular range of prices over 90 days) .
Discover Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Discover Financial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Discover Financial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Discover Financial's value.| Instituion | Recorded On | Shares | |
| Barclays Plc | 2023-12-31 | 2.5 M | |
| Northern Trust Corp | 2023-12-31 | 2.5 M | |
| Brave Warrior Advisors Llc | 2023-09-30 | 2.4 M | |
| Amvescap Plc. | 2023-12-31 | 2.3 M | |
| Southpoint Capital Advisors Lp | 2023-12-31 | 2.2 M | |
| Envestnet Asset Management Inc | 2023-12-31 | 2.1 M | |
| Bank Of New York Mellon Corp | 2023-12-31 | 2.1 M | |
| Legal & General Group Plc | 2023-12-31 | 2.1 M | |
| First Trust Advisors L.p. | 2023-12-31 | 2 M | |
| Vanguard Group Inc | 2023-12-31 | 32.3 M | |
| Capital World Investors | 2023-12-31 | 20.6 M |
Discover Financial Historical Income Statement
Discover Financial Services Income Statement is one of the three primary financial statements used for reporting Discover's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Discover Financial revenue and expense. Discover Financial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Discover Financial's Depreciation And Amortization is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 5.2 B in 2024, whereas EBITDA is likely to drop slightly above 159.6 M in 2024. View More FundamentalsDiscover Stock Against Markets
Picking the right benchmark for Discover Financial stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Discover Financial stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Discover Financial is critical whether you are bullish or bearish towards Discover Financial Services at a given time. Please also check how Discover Financial's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Discover Financial without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Discover Financial Corporate Directors
Discover Financial corporate directors refer to members of a Discover Financial board of directors. The board of directors generally takes responsibility for the Discover Financial's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Discover Financial's board members must vote for the resolution. The Discover Financial board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Gregory Case | Independent Director | Profile | |
| Mary Bush | Independent Director | Profile | |
| Richard Lenny | Independent Director | Profile | |
| Jennifer Wong | Independent Director | Profile |
How to buy Discover Stock?
Before investing in Discover Financial, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Discover Financial. To buy Discover Financial stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Discover Financial. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Discover Financial stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Discover Financial Services stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Discover Financial Services stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Discover Financial Services, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Discover Stock please use our How to Invest in Discover Financial guide.
Already Invested in Discover Financial Services?
The danger of trading Discover Financial Services is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Discover Financial is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Discover Financial. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Discover Financial is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Discover Financial is a strong investment it is important to analyze Discover Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Discover Financial's future performance. For an informed investment choice regarding Discover Stock, refer to the following important reports: 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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 8.78 | Revenue Per Share 39.45 | Quarterly Revenue Growth 0.294 |
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.