|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||64.80 - 65.76|
|52 Week Range||55.01 - 74.33|
|PE Ratio (TTM)||11.33|
|Forward Dividend & Yield||1.40 (2.17%)|
|1y Target Est||N/A|
Credit card delinquency rose for the third straight month in September, data from JPMorgan Chase & Co and card issuer Discover Financial Services suggested on Monday. September delinquencies for JPMorgan rose 1.22 percent, while those at Discover Financial were up 1.64 percent from August. Credit quality at several banks appears to be deteriorating as lenders target consumers with worse credit ratings to fuel revenue growth at a time when low interest rates are quashing their returns on other loans.
Wedbush's Henry Coffey and Jordan Flannery take a look at credit card stocks today, writing that investors should buy Discover Financial Services (DFS) and sell Capital One (COF). Well, they think that the company faces challenges from credit quality, just like it's peers, but that it also will find it difficult to earn a meaningful return on equity, perhaps permanently, by its investment in its branch-based retail network and commercial lending operation. Recent results reported by both Citigroup (C) and JPMorgan (JPM) reflect a continued weakening in credit card loan quality dynamics and a look at national data suggests that this has evolved into an industry wide issue.
In October 2017, Discover Financial Services (DFS) is being covered by 24 analysts. Of those, only one analyst has rated DFS a “strong sell,” and none of them have given it a “sell” rating.
Discover Financial Services' (DFS) banking services have been ranked second in terms of customer satisfaction, according to a survey conducted by J.D. Power in August 2017.
Discover Financial Services (DFS) generates the majority of its net income from interest income, which is part of its direct banking division.
Discover Financial Services (DFS) has seen strong growth in loans in 2Q17 compared to 2Q16. For credit card loans, it saw an 8.0% growth in 2Q17 compared to 2Q16.
While this lender is primarily known for its credit card-issuing business, another one of its loan portfolios might be giving the company its biggest headache.
Visa Inc (NYSE:V) has delivered eye-popping returns for investors. Visa stock has more than quadrupled over the past six years and the gains haven’t let up. It goes without saying that Visa stock looks expensive.
Discover Financial reported cash and cash equivalents of ~$11.9 billion on December 31, 2016, and $12.95 billion on June 30, 2017.
Of the 23 analysts covering Discover Financial Services (DFS) stock, eight analysts gave “strong buy” ratings on the stock, and another eight analysts rated the stock as a “buy.”
Discover Financial continues to grow on consistent revenue growth, soaring card sales volume and effective capital management. However, its rising level of expenses and weak Payment Service segment affect the underwriting results adversely.
Discover Financial reported total loans of $78.0 billion in 2Q17, which reflects an increase of 8% on a year-over-year basis.
Discover Financial Services (DFS) is expected to declare total dividends of $1.27 per share in 2017, an ~9.5% increase from its total dividends of $1.16 per share in 2016.
In 2Q17, Discover reported Information Processing & Communications expenses of $77 million compared to $89 million in 2Q16, reflecting a 13% decline.
Discover Financial Services (DFS) posted earnings per share of $1.40 in 2Q17, which missed the analysts' estimate of $1.45. DFS reported revenues of $2.42 billion in 2Q17, beating the analysts’ estimate ...
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Discover Financial Services Here are 5 ETFs with the largest exposure to DFS-US. Comparing the performance and risk of Discover Financial Services with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker ... Read more (Read more...)
Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Discover Financial Services. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving Average Bearish ... Read more (Read more...)
Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing Discover Financial Services with the following peers – Capital One Financial Corporation, Zions Bancorporation, SunTrust Banks, Inc. and TFS Financial Corporation (COF-US, ZION-US, STI-US and TFSL-US). Dividend Quality Overview Over the last twelve months (prior to June 30, 2017), DFS-US paid a medium quality dividend, ... Read more (Read more...)