Zacks Research Brokers Increase Earnings Estimates for DFS

Discover Financial Services (NYSE:DFS) – Stock analysts at Zacks Research upped their Q1 2025 EPS estimates for Discover Financial Services in a report released on Wednesday, February 5th. Zacks Research analyst D. Chatterjee now anticipates that the financial services provider will earn $3.24 per share for the quarter, up from their previous estimate of $3.08. The consensus estimate for Discover Financial Services’ current full-year earnings is $13.39 per share. Zacks Research also issued estimates for Discover Financial Services’ FY2026 earnings at $15.00 EPS and FY2027 earnings at $17.40 EPS.

Other equities analysts have also recently issued research reports about the stock. StockNews.com cut shares of Discover Financial Services from a “buy” rating to a “hold” rating in a research note on Friday, January 24th. Wells Fargo & Company upped their price objective on shares of Discover Financial Services from $185.00 to $214.00 and gave the company an “equal weight” rating in a research note on Friday, January 24th. Truist Financial boosted their price objective on shares of Discover Financial Services from $233.00 to $262.00 and gave the company a “buy” rating in a research report on Monday, January 27th. JPMorgan Chase & Co. upped their price objective on shares of Discover Financial Services from $146.00 to $169.00 and gave the stock a “neutral” rating in a report on Friday, January 24th. Finally, Evercore ISI increased their target price on Discover Financial Services from $156.00 to $163.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. Ten equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $182.64.

Discover Financial Services Trading Up 0.5 %

Shares of DFS opened at $202.91 on Friday. The firm has a market cap of $50.99 billion, a P/E ratio of 12.71, a price-to-earnings-growth ratio of 0.64 and a beta of 1.46. Discover Financial Services has a fifty-two week low of $104.08 and a fifty-two week high of $205.76. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.03 and a current ratio of 1.09. The business has a 50-day moving average of $182.48 and a 200 day moving average of $158.22.

Discover Financial Services (NYSE:DFS) last announced its earnings results on Wednesday, January 22nd. The financial services provider reported $5.11 EPS for the quarter, beating the consensus estimate of $3.13 by $1.98. Discover Financial Services had a net margin of 17.29% and a return on equity of 26.18%.

Discover Financial Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 23rd will be issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date is Friday, May 23rd. Discover Financial Services’s dividend payout ratio is presently 17.54%.

Institutional Investors Weigh In On Discover Financial Services

Large investors have recently bought and sold shares of the company. DiNuzzo Private Wealth Inc. lifted its stake in Discover Financial Services by 506.5% during the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 188 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 157 shares during the period. SBI Securities Co. Ltd. purchased a new position in Discover Financial Services during the fourth quarter valued at $33,000. Bfsg LLC acquired a new stake in Discover Financial Services in the 4th quarter worth about $35,000. Grove Bank & Trust raised 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 valued at $35,000 after purchasing an additional 89 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Discover Financial Services in the third quarter valued at about $30,000. Hedge funds and other institutional investors own 86.94% of the company’s stock.

Discover Financial Services Company Profile

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.