DFS - Discover Financial Services

NYSE - NYSE Delayed Price. Currency in USD
79.75
-1.13 (-1.40%)
At close: 4:00PM EDT
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Previous Close80.88
Open80.48
Bid0.00 x 1000
Ask0.00 x 800
Day's Range79.69 - 80.84
52 Week Range54.36 - 92.98
Volume1,445,410
Avg. Volume1,971,128
Market Cap25.38B
Beta (3Y Monthly)1.60
PE Ratio (TTM)9.35
EPS (TTM)8.53
Earnings DateOct 23, 2019 - Oct 28, 2019
Forward Dividend & Yield1.76 (2.18%)
Ex-Dividend Date2019-08-21
1y Target Est93.38
Trade prices are not sourced from all markets
  • Why is Hold Strategy Apt for Discover Financial (DFS) Now?
    Zacks

    Why is Hold Strategy Apt for Discover Financial (DFS) Now?

    Banking on growing revenues, strategic capital management and high card sales volume, Discover Financial (DFS) holds potential to benefit investors.

  • Business Wire

    Discover Financial Services to Present at Barclays Global Financial Services Conference

    Roger Hochschild, chief executive officer and president of Discover, will present at the Barclays Global Financial Services Conference in New York on Monday, September 9, 2019, at 12:00 p.m.

  • Discover Financial's (DFS) Payment Brand Ties Up With Verve
    Zacks

    Discover Financial's (DFS) Payment Brand Ties Up With Verve

    Discover Financial's (DFS) payment brand partners Verve to boost card acceptance on its network.

  • How Discover (DFS) Stock Stands Out in a Strong Industry
    Zacks

    How Discover (DFS) Stock Stands Out in a Strong Industry

    Discover (DFS) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

  • Discover (DFS) Upgraded to Buy: Here's What You Should Know
    Zacks

    Discover (DFS) Upgraded to Buy: Here's What You Should Know

    Discover (DFS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).

  • Discover Financial Services (NYSE:DFS) Looks Interesting, And It's About To Pay A Dividend
    Simply Wall St.

    Discover Financial Services (NYSE:DFS) Looks Interesting, And It's About To Pay A Dividend

    It looks like Discover Financial Services (NYSE:DFS) is about to go ex-dividend in the next 3 days. You will need to...

  • Business Wire

    Discover and Verve Mark Launch of Verve Global Card With First Transaction Event

    Verve, a leading payments technology company and Interswitch’s card scheme in Africa, and Discover Global Network, the payments brand of Discover, held an event to launch the Verve Global Card. Cardholders will now have the ability to use their Verve Global Cards on the Discover Global Network which provides acceptance at millions of merchants globally. The first transaction was made by senior executives from banks that will issue Verve Global Card during a private event at Swarovski Times Square in New York City.

  • American Express Benefits From Strategic Growth initiatives
    Zacks

    American Express Benefits From Strategic Growth initiatives

    American Express (AXP) is well poised on the back of increased usage of credit cards and its growth initiatives.

  • DFS vs. FCFS: Which Stock Is the Better Value Option?
    Zacks

    DFS vs. FCFS: Which Stock Is the Better Value Option?

    DFS vs. FCFS: Which Stock Is the Better Value Option?

  • Artificial Intelligence Stocks Lurk Beyond Tech Giants, Says Bank Of America
    Investor's Business Daily

    Artificial Intelligence Stocks Lurk Beyond Tech Giants, Says Bank Of America

    Investors looking for artificial intelligence stocks to buy should look beyond tech giants and mull retail, cybersecurity, medical research and financial services, Bank of America says.

  • PRA Group's (PRAA) Q2 Earnings Beat Estimates, Fall Y/Y
    Zacks

    PRA Group's (PRAA) Q2 Earnings Beat Estimates, Fall Y/Y

    PRA Group's (PRAA) second-quarter earnings gain traction from higher revenues.

  • Discover Financial Services (NYSE:DFS) Has Got What It Takes To Be An Attractive Dividend Stock
    Simply Wall St.

    Discover Financial Services (NYSE:DFS) Has Got What It Takes To Be An Attractive Dividend Stock

    Is Discover Financial Services (NYSE:DFS) a good dividend stock? How can we tell? Dividend paying companies with...

  • MoneyShow

    There's Value to "Discover" Here

    The Discover card, launched by Sears in 1985, has a history of doing things differently. Unlike most credit cards then, Discover didn't charge an annual fee; it later offered users cashback bonuses on purchases, another novelty at the time, notes Richard Moroney, editor of Dow Theory Forecasts.

  • Thomson Reuters StreetEvents

    Edited Transcript of DFS earnings conference call or presentation 23-Jul-19 9:00pm GMT

    Q2 2019 Discover Financial Services Earnings Call

  • IBD 50 Stocks To Watch: Discover Financial Services And Defending Gains
    Investor's Business Daily

    IBD 50 Stocks To Watch: Discover Financial Services And Defending Gains

    Today's IBD Stocks To Watch, Discover Financial Services, is threatening to round trip its recent advance. Here's what to do.

  • McGrath (MGRC) Hits Fresh High: Is There Still Room to Run?
    Zacks

    McGrath (MGRC) Hits Fresh High: Is There Still Room to Run?

    McGrath (MGRC) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

  • Capital One Touted the Cloud’s Safety as Hacker Was Breaching It
    Bloomberg

    Capital One Touted the Cloud’s Safety as Hacker Was Breaching It

    (Bloomberg) -- Capital One Financial Corp., in recent years, has beat the drum every chance it got: The cloud is cheaper. The cloud is faster. And the cloud is far more secure.Then a hacker got into the cloud, siphoning off sensitive information for more than 100 million of Capital One’s customers.That revelation late Monday thrust the third-largest U.S. credit-card lender into the center of the latest massive data breach, and now threatens to upend a technology strategy personally championed by longtime Chief Executive Officer Richard Fairbank. He’s been one of the financial industry’s most vocal proponents for shifting sensitive customer information to outside cloud services -- a move that he’s promised would cut costs and offer a suite of other benefits.“We are now considered one of the most cloud-forward companies in the world,” Fairbank told shareholders in April.Just weeks before, according to U.S. prosecutors, a hacker began tapping into a vast trove of information from Amazon.com Inc. servers the bank was using. The breach is calling into question the lender’s strategy for reducing technology costs while taking advantage of the cloud’s rapid scalability and burgeoning array of applications.“The magnitude of this breach is very large,” JPMorgan Chase & Co. analysts led by Richard Shane said in a note to clients. “While it is unclear whether this is directly related to Capital One’s transition to a cloud-based infrastructure,” there is likely to be “renewed concern going forward.”Capital One’s shares dropped as much as 7.9% Tuesday morning, their biggest intraday decline in almost four years. The slump pared the stock’s advance for the year to 19%, just above the gain for the 68-company S&P 500 Financials Index.Addresses, IncomeCapital One said that about 100 million U.S. consumers were impacted by the breach. The stolen data, stored on servers rented from Amazon Web Services, was personal information found on card applications, such as names, addresses and dates of birth, and some financial information, including self-reported income and credit scores.On Monday, authorities arrested and charged Paige A. Thompson, a 33-year-old former Amazon Web Services employee, with computer fraud and abuse. In a complaint filed in Seattle, prosecutors said that Thompson exploited an improperly configured firewall and accessed the data at various times between March 12 and July 17. The bank said it immediately fixed the problem once it was discovered.Capital One said its expects the incremental costs of the incident to be $100 million to $150 million, mostly expenses tied to providing credit monitoring and legal support. The company has a cyber-risk insurance policy with a $10 million deductible for $400 million in coverage.“This type of vulnerability is not specific to the cloud,” Capital One said in a statement. “The speed with which we were able to diagnose and fix this vulnerability, and determine its impact, was enabled by our cloud operating model.”Cloud PushWhile banks including JPMorgan and Discover Financial Services have been vocal proponents of cloud technology and its ability to lower costs and speed up digital advancements, industry executives have cautioned that sensitive consumer data could be put at risk on the cloud. Bank of America Corp., the second-largest U.S. bank, has been reticent to use the public cloud.Amazon Web Services is making an aggressive push for growth in the financial industry and is already working with firms including HSBC Holdings Plc, Fidelity Investments, Nasdaq Inc. and Liberty Mutual Group Inc.“We’re all in on the cloud right now,” Steve Randich, chief information officer at the Financial Industry Regulatory Authority, the U.S. brokerage industry’s main regulator, said at a conference hosted by Amazon Web Services earlier this month at New York’s Javits Center. Virtually all of the regulator’s applications and data are in the public cloud, and its net costs have decreased as a result, he said.Over the years, Capital One has become something of a poster child for Amazon’s push into financial services for its cloud business. The lender was among the first to publicly acknowledge a partnership with Amazon, and it was the subject of several case studies that Amazon published on how its technology can improve banks’ offerings.“Capital One selected AWS for its security model,” according to an Amazon Web Services website. “It is using or experimenting with nearly every AWS service to develop, test, build and run its most critical workloads, including its new flagship mobile-banking application.”Capital One is often considered a leader in banking technology, a history that goes back to its founding by Fairbank in 1988. In recent years, the company has undergone what it calls a “technology transformation” in which it hired thousands of engineers and developed its application programming interface, or API, to share data more easily.“A lot of how we built our company is not by studying banking, but by forgetting about banking,” Fairbank told investors at a conference last month. The goal is to have a “bank that is empowering your life without having to go visit it every time.”Fairbank himself has been a critic of other companies’ data breaches. He warned investors in 2017 that a breach of Equifax Inc.’s systems that exposed data for more than 140 million consumers would be costly for his firm.“These are bad things for card companies because, every time there’s been a breach, I’ve said to our folks, ‘How come card companies end up paying for this and why not the one who did the breach?’” Fairbank said at the time.\--With assistance from Christian Berthelsen.To contact the reporters on this story: Jenny Surane in New York at jsurane4@bloomberg.net;Lananh Nguyen in New York at lnguyen35@bloomberg.netTo contact the editors responsible for this story: Michael J. Moore at mmoore55@bloomberg.net, Daniel Taub, David ScheerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Mastercard (MA) Q2 Earnings Beat Estimates on Volume Growth
    Zacks

    Mastercard (MA) Q2 Earnings Beat Estimates on Volume Growth

    Mastercard's (MA) second-quarter earnings benefit from higher switched transactions, increase in cross-border volume and gross dollar volume, and gains from acquisitions.

  • GuruFocus.com

    Discover Financial Services (DFS) EVP, Pres. - Payment Services Diane E Offereins Sold $1. ...

    EVP, Pres. - Payment Services of Discover Financial Services (30-Year Financial, Insider Trades) Diane E Offereins (insider trades) sold 20,000 shares of DFS on 07/26/2019 at an average price of $91.76 a share. Continue reading...

  • 3 Large-Cap Stocks Offer High Earnings Yields
    GuruFocus.com

    3 Large-Cap Stocks Offer High Earnings Yields

    Discover Financial Services tops the list Continue reading...

  • Discover Financial Services' Shares March Higher, Can It Continue?
    Zacks

    Discover Financial Services' Shares March Higher, Can It Continue?

    As of late, it has definitely been a great time to be an investor in Discover Financial Services.

  • Business Wire

    Discover Student Loans Survey Finds More Parents Expect Their Child to Help Pay for College

    A new survey from Discover Student Loans finds that a growing number of parents are expecting their child to help pay for more of their college education. The findings from a survey of parents with college-bound students aged 16–18 shows 38 percent expect their child will pay for more than half of their college education, compared to 31 percent in 2018. This year’s survey shows parents will be contributing less toward their child’s education with only 28 percent of parents saying they will cover the entire cost, which is down from 34 percent in 2018.

  • Best Credit Cards for Travel in China
    Investopedia

    Best Credit Cards for Travel in China

    Credit cards are now widely accepted in China—and one issuer, Discover, leads the pack, due to its deal with China UnionPay, the Chinese bankcard network.

  • Higher Gross Dollar Volume to Aid Mastercard (MA) Q2 Earnings
    Zacks

    Higher Gross Dollar Volume to Aid Mastercard (MA) Q2 Earnings

    Mastercard's (MA) Q2 earnings should benefit from growth in gross dollar value across most of its operating regions.

  • Moody's

    Sallie Mae Bank -- Moody's reviews SLM for upgrade

    Rating Action: Moody's reviews SLM for upgrade. Global Credit Research- 25 Jul 2019. New York, July 25, 2019-- Moody's Investors Service, has placed on review for upgrade the ratings of SLM Corporation ...