|Bid||72.51 x 1100|
|Ask||72.54 x 800|
|Day's Range||72.03 - 73.33|
|52 Week Range||57.50 - 81.93|
|PE Ratio (TTM)||12.45|
|Earnings Date||Jul 24, 2018 - Jul 30, 2018|
|Forward Dividend & Yield||1.40 (1.91%)|
|1y Target Est||86.13|
There has been a spike in people checking their scores from 2014 to 2018Paramount/Courtesy of Everett CollectionPeople are more likely to check their financial accounts during the good times. Consumers are getting smarter about their credit scores. The number of people who have checked their credit score at least once in the last year has risen to 57%, up from just 49% in 2014.
According to a new study of more than 1,040 American homeowners by Discover Personal Loans, 72 percent have delayed making improvements or repairs to their home due to their financial situation, with 42 percent delaying the project for more than a year. When asked how much money they have available to pay for an unexpected repair, nearly three in five (59%) homeowners said they don’t have enough funds to pay for a home repair that costs more than $5,000. According to The True Cost of Home Improvement report by Home Advisor, homeowners who don’t have at least $5,000 may not be able to cover some of the most basic home repairs.
Of 27 analysts that are covering Discover Financial Services (DFS) in June, nine recommend a “strong buy,” eight recommend a “hold,” and ten recommend a “buy” on the stock. Discover Financial didn’t have “strong sell” or “sell” ratings. The stock might witness a rise in favorable ratings due to the positive outlook and supportive macroeconomic factors.
NEW YORK, June 12, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Cimarex ...
Discover Financial Services (DFS) has a PE ratio of 9.19x on a next 12-month basis—compared to its peers’ average of 16.13x, which represents Discover Financial’s discounted valuations. Capital One Financial (COF), Visa (V), and American Express (AXP) have PE ratios of 9.14x, 26.25x, and 13.01x, respectively, on a next 12-month basis.
Discover announced a significant new education assistance benefit that provides all eligible U.S.-based employees the opportunity to earn a bachelor’s degree online from an accredited public or non-profit private university at no cost. Known as The Discover College Commitment, the benefit covers tuition and required fees, books and supplies needed to complete select online degrees at one of three schools – the University of Florida (via UF Online), Wilmington University and Brandman University. “Investing in our employees and their futures will not only make us a stronger company, but have a lasting positive impact on those who might otherwise never get the chance to attend college,” said Jon Kaplan, vice president of training and development at Discover.
The payment services transaction volumes are mainly impacted by factors that are directly or indirectly related to spending patterns. Positive momentum in consumer confidence, increasing employment levels, and the stronger economy mainly contribute to higher spending among consumers. As a result, the second quarter is expected to be beneficial for Discover Financial Services (DFS) and Capital One Financial (COF). Retail loans are expected to witness a boost.
Discover Financial Services’ (DFS) Direct Banking segment generates most of its interest income from credit card loans. The division’s credit card loan growth mainly depends on global measures like employment levels and inflation. An increase in the employment levels would improve the purchasing power and the economy’s overall health, which would boost Discover Financial and Capital One Financial’s (COF) credit card loans.
In the June quarter, Discover Financial Services’ (DFS) performance and other consumer financial companies’ (IYF) performances, like Mastercard (MA) and Visa (V), could be driven by the increasing trend of digitization, global parameters that impact consumer spending, and increased oil prices. In the second quarter, Discover Financial is expected to benefit from a boost in consumer loans due to increased retail spending. Compared to the first quarter and the second quarter of 2017, Wall Street analysts expect Discover Financial to report a higher EPS in the second quarter.
How to get rewards even if you don’t have a credit cardParamount/Courtesy of Everett CollectionYou don’t have to have a high roller’s credit card to get something back. Air travel miles and cash back aren’t just perks for credit-card holders. Debit-card users can get in on the action too.
The Princeton, N.J.-based economic development professional also warned that transit is not the biggest issue threatening the region's recruiting efforts.
Today's research on WallStEquities.com is focused on the recent performance of Capital One Financial Corp. (NYSE: COF), CIT Group Inc. (NYSE: CIT), Discover Financial Services (NYSE: DFS), and Equifax Inc. (NYSE: EFX). Companies in the Credit Services space originate, acquire, and service loans to individuals and corporations.
Roger Hochschild, president and chief operating officer of Discover, will present at the Morgan Stanley Financials Conference in New York on Wednesday, June 13, 2018, at 11:10 a.m. ET. Discover Financial Services (DFS) is a direct banking and payment services company with one of the most recognized brands in U.S. financial services. The company issues the Discover card, America's cash rewards pioneer, and offers private student loans, personal loans, home equity loans, checking and savings accounts and certificates of deposit through its direct banking business.
American Express’s (AXP) PE ratio stood at 13.47x on a next-12-month basis, reflecting its discounted valuation compared to the peer average of 21.33x.
Discover has been selected as a recipient of the 2018 CIO 100 award for using artificial intelligence (AI) to better serve customers. This marks the fourth year in a row the company has received this honor for its innovative customer service enhancement strategies. The feature gives customers convenience and the flexibility to jump in and out of conversations with service representatives via the Discover mobile app.
The video streaming giant has returned enviable share price gains over the years, but Shopify, Discover, and HubSpot might just outpace it.
American Express (AXP) incurred total expenses amounting to $6.9 billion in the first quarter, implying a rise of 9% on a YoY (year-over-year) basis. The company incurred marketing and business-development expenses amounting to $1.34 billion in Q1 2018 compared to $1.28 billion in Q1 2017, reflecting a rise of 5%. Amex incurred cardmember rewards expenses amounting to $2.34 billion in Q1 2018 compared to $2.06 billion in Q1 2017, reflecting a rise of 14% YoY.
American Express (AXP) generates its revenue from net card fees, discount revenue, net interest income, other fees and commissions, and other revenue. In the first quarter, its discount revenue accounted for 60.5% of its total revenue (after deducting interest expenses).
David Nelms, chairman and chief executive officer of Discover, will present at the William Blair 2018 Growth Stock Conference in Chicago on Tuesday, June 12, 2018, at 7:30 a.m. CT.
Roger Hochschild, president and chief operating officer of Discover, will present at the Morgan Stanley Financials Conference in New York on Wednesday, June 13, 2018, at 10:10 a.m. ET. Discover Financial Services (DFS) is a direct banking and payment services company with one of the most recognized brands in U.S. financial services. The company issues the Discover card, America's cash rewards pioneer, and offers private student loans, personal loans, home equity loans, checking and savings accounts and certificates of deposit through its direct banking business.
An annual Glassdoor survey ranks the top 100 CEOs based on employee reviews. Yahoo Finance's Seana Smith, Dan Roberts and Dan Howley talk about who's up and who'd down on the list.