|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||27.45 - 27.73|
|52 Week Range||18.11 - 31.29|
|PE Ratio (TTM)||13.58|
|Earnings Date||Apr 26, 2018|
|Forward Dividend & Yield||0.52 (1.91%)|
|1y Target Est||34.05|
Discover Financial Services (DFS) is tracked by 27 analysts in April 2018, of which seven analysts suggested a “hold,” and one analyst gave a “sell” rating on its stock. Ten analysts recommended a “buy,” and the remaining nine analysts gave “strong buy” ratings on DFS.
Discover Financial Services’ (DFS) Cashback Checking product contains a rewards program that allows customers to earn cashback bonuses by making purchases using the associated debit card. This product doesn’t require a minimum opening deposit or minimum balance, and there are no monthly fees. Customers can use more than 60,000 MoneyPass and Allpoint ATMs located within the US without incurring transaction fees.
Moody's Investors Service (Moody's) has assigned provisional ratings to the notes to be issued by Ally Auto Receivables Trust 2018-2 (AART 2018-2). Ally's parent, Ally Financial Inc. (formerly GMAC Inc.), is rated Ba3.The notes are backed by a pool of retail automobile loan contracts originated by Ally, who is also the servicer and administrator for the transaction.
Ally Financial Inc. announced Thursday it has promoted former deputy chief risk officer Jason Schugel to the position of chief risk officer. Schugel is based in Charlotte.
In 2017, Discover Financial Services (DFS) exceeded analysts’ estimates on its earnings per share (or EPS) in 3Q17. The company missed its EPS estimates in the other three quarters of 2017. However, its competitors (XLF) American Express (AXP) and Mastercard (MA) have exceeded analysts’ expectations throughout 2017.
- Doug Timmerman named president of auto finance - Tim Russi to facilitate leadership transition as vice chairman of auto finance - Mark Manzo named president of insurance - Jason Schugel named chief risk ...
Discover Financial Services (DFS) saw favorable momentum in its business in fiscal 2017 and in 4Q17. According to the company’s management, the momentum would also be visible in 2018, which could help the company in terms of return on equity (or ROE) as well as growth. Wall Street analysts gave a high estimate of $2.02 and a low estimate of $1.65 on Discover’s earnings per share (or EPS) for 1Q18.
Mastercard’s (MA) PBV (price-to-book value ratio) is 18.08x on a next-12-month basis. The company has a premium valuation, as its competitors’ average is 4.2x.
Moody's Investors Service, ("Moody's") has upgraded nine and affirmed twenty-six securities from six transactions issued between 2016 and 2017. The transactions are sponsored by Ally Bank. Ally ...
On April 5, 2018, Mastercard (MA) made an announcement that from April 13 onward, all merchants in Canada and the United States would be able to eliminate the process of requiring signatures from cardholders. The idea focuses on removing the hurdles faced during the checkout process and allowing participating merchants to improve the experience. According to Mastercard’s management, merchants don’t believe there’s much use in requesting users’ signatures, so implementing the change will bring efficiency.
After the announcement of the imposition of tariffs by President Donald Trump, fears regarding a trade war gripped investors. Increased prices could lead to inflation, which could benefit payment technology companies (XLF) such as Mastercard (MA) and Visa (V). Mastercard is expected to witness upward momentum in 2018 primarily aided by its focus on the completion of transactions via mobile phones while maintaining the level of security desired by users.
Mastercard’s (MA) total operating expenses rose from $5 billion in 2016 to $5.8 billion in 2017, representing an increase of 17% mainly due to a rise in general and administrative expenses from $3.7 billion in 2016 to $4.5 billion in 2017. The components of the company’s total operating expenses include provisions for litigation settlements, advertising and marketing, depreciation and amortization, and general and administrative expenses. Mastercard saw a rise in its professional fees from $337 million in 2016 to $355 million in 2017 mainly resulting from consulting costs with respect to mergers and acquisitions.
Mastercard (MA) is expected to report EPS (earnings per share) of $1.25 in 1Q18, implying a rise year-over-year as well as sequentially. The primary driver of this increase has been MA’s adoption of digital methods of payment, which means more revenue for the giant payment service company. Mastercard’s revenue has a direct relationship with consumer spending. A rise in spending activity means a rise in its revenue.
DETROIT , April 12, 2018 /PRNewswire/ -- The board of directors of Ally Financial Inc. (NYSE: ALLY) declared a quarterly cash dividend of $0.13 per share of the company's common stock, payable on May 15, ...
Ally Invest clients have become more bearish, with the number of investors that are still bullish down sharply in the quarter.
Investor Confidence in Facebook Is Shaken; Expectations Remain High for Amazon and Netflix Survey Highlights: - Bullish/very bullish market sentiment drops sharply to 30% from 76% last quarter - Majority ...
DETROIT, April 10, 2018 /PRNewswire/ -- Ally Financial Inc. and Fair today announced a strategic relationship in which Fair will use Ally's SmartAuction as a remarketing solution for its returned cars, and offer consumers flexible car financing powered by Ally's Clearlane program. Under the agreement, vehicles returned to Fair as a result of a customer exiting a Fair agreement will be listed on Ally's digital wholesale auto auction, SmartAuction, as a remarketing option. Additionally, Southern California dealers using Ally's Clearlane—a multi-lender, digital financing platform—will be able to use Fair's mobile application to help consumers who don't qualify for traditional financing or want more flexibility.
DETROIT, April 6, 2018 /PRNewswire/ -- Ally Financial Inc. and Mobiliti today announced that they are exploring options for a suite of offerings focused on Mobiliti and its participating dealers' needs. Services would include Ally fleet financing for qualified dealers who use Mobiliti's vehicle subscription services, and the option for dealers to remarket returned vehicles using Ally's wholesale, digital auction site, SmartAuction. Mobiliti is an app-based subscription service that connects drivers who want flexibility with dealers who can provide desirable vehicles.
Short interest is low for ALLY with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices.
SANDY, Utah, April 4, 2018 /PRNewswire/ -- Baseball may be America's pastime, but Ally Home, Ally Bank's direct-to-consumer mortgage business, believes our other great national pastime should be owning the home of your dreams. To help consumers cover the bases with everything they need to understand about the mortgage application process, Ally is introducing the new baseball-themed edition of The Mortgage Playbook. For the first time, Ally will also make The Mortgage Playbook available as a free audio download from the iTunes Store and Google Play – perfect listening as you're headed to the park.
The pace of change in Asian banking technology is startling. Some of the leaders -- Ant Financial and Tencent -- are entering the American marketing, catering to Chinese visitors and students, at least to start.
CHARLOTTE, N.C. , April 3, 2018 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) has scheduled the release of its first quarter financial results for Thursday, April 26, 2018 . The press release will be ...