DFS - Discover Financial Services

NYSE - NYSE Delayed Price. Currency in USD
86.68
+0.30 (+0.35%)
At close: 4:00PM EST
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Previous Close86.38
Open86.48
Bid0.00 x 800
Ask0.00 x 1400
Day's Range85.88 - 87.39
52 Week Range54.36 - 92.98
Volume1331597
Avg. Volume1,569,944
Market Cap27B
Beta (5Y Monthly)1.62
PE Ratio (TTM)9.81
EPS (TTM)8.84
Earnings DateJan 22, 2020 - Jan 27, 2020
Forward Dividend & Yield1.76 (2.04%)
Ex-Dividend Date2019-11-20
1y Target Est92.25
  • Visa Collaborates With MFS Africa to Expand Digital Payments
    Zacks

    Visa Collaborates With MFS Africa to Expand Digital Payments

    Visa (V) teams up with MFS Africa to focus on creating new digital pathways among mobile money users in Africa.

  • Business Wire

    Discover Cardmembers Can Now Access Their Accounts Through Amazon Alexa

    Discover announced today that cardmembers can access their credit card accounts with the power of their voices through Amazon Alexa. The new Discover skill for Alexa offers customers a convenient and hands-free way to access account information, including their recent transactions, available credit, current balance, rewards category information and payment due date.

  • Is Now The Time To Put Discover Financial Services (NYSE:DFS) On Your Watchlist?
    Simply Wall St.

    Is Now The Time To Put Discover Financial Services (NYSE:DFS) On Your Watchlist?

    For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

  • Barrons.com

    How Lenders Account for Loan Losses Is Changing. Here’s What It Means.

    It might amount to a ‘nothing burger’ but investors should be aware of how it will impact reported numbers.

  • Discover Financial Services (DFS): Hedge Funds In Wait-and-See Mode
    Insider Monkey

    Discover Financial Services (DFS): Hedge Funds In Wait-and-See Mode

    After several tireless days we have finished crunching the numbers from nearly 750 13F filings issued by the elite hedge funds and other investment firms that we track at Insider Monkey, which disclosed those firms' equity portfolios as of September 30th. The results of that effort will be put on display in this article, as […]

  • Discover Financial Rallies 44.3% YTD: Will Growth Continue?
    Zacks

    Discover Financial Rallies 44.3% YTD: Will Growth Continue?

    Discover Financial's (DFS) card sales volume might continue to boost its revenues, which in turn, might perk up its share price.

  • Discover Financial, Paypal Aid Customers to Redeem Rewards
    Zacks

    Discover Financial, Paypal Aid Customers to Redeem Rewards

    Discover Financial (DFS) collaborates with PayPal to offer its cardmembers a rich suite of benefits and experiences for redeeming rewards.

  • Discover Financial, Cabal Tie Up to Boost Card Acceptance
    Zacks

    Discover Financial, Cabal Tie Up to Boost Card Acceptance

    Discover Financial (DFS) partners Cabal to provide merchants and other cardholders with more card options.

  • Business Wire

    Discover and PayPal™ Collaboration Gives Cardmembers New Way to Redeem Rewards

    Discover cardmembers can now use their Cashback Bonus® or Miles to pay for purchases at millions of online stores through PayPal, giving cardmembers another convenient and flexible way to reward themselves. “We want to make it as easy as possible for our cardmembers to redeem their rewards, especially by partnering with merchants where our Discover cardmembers love to shop,” said Shannon Kors, vice president of card rewards and benefits at Discover. All eligible1 Discover cardmembers can easily pay with their Cashback Bonus or Miles using PayPal when they shop online and in apps2.

  • Business Wire

    Discover Global Network and Cabal Cooperativa De Provision De Servicios Limitada Sign Network Agreement

    Discover Global Network, the payments brand of Discover, and Cabal, a local payments network in Argentina, have signed an agreement that will increase acceptance internationally for cards issued by both companies. Cabal works with more than 3 million merchants across Argentina, Uruguay, Paraguay and Brazil, and will implement Discover Global Network technologies with their merchant partners to activate acceptance for Discover, Diners Club International and affiliate network cardholders when they are in these countries. Additionally, Cabal’s more than 7 million cardholders will have access to the Discover Global Network when traveling outside of the region.

  • Business Wire

    Discover Sponsors $25,000 Award to Support Next Wave of Fintech Leaders

    Discover and the Polsky Center for Entrepreneurship and Innovation at the University of Chicago have announced that Discover will sponsor a $25,000 prize as part of the 2019-20 Edward L. Kaplan ’71, New Venture Challenge (NVC). The funding is part of Discover’s commitment to supporting Chicago entrepreneurs and partnering with organizations that embrace technology to improve the banking and payments experience for customers. Over the next several months, Discover employees also will mentor University of Chicago students and alumni who create fintech startups that compete in the NVC.

  • University of Delaware plans $38M fintech building as it looks 'to drive innovation'
    American City Business Journals

    University of Delaware plans $38M fintech building as it looks 'to drive innovation'

    Its partners include Discover Bank, which is financing the construction, and the Delaware Technology Park, which will own the building.

  • Why Is Discover (DFS) Up 2.9% Since Last Earnings Report?
    Zacks

    Why Is Discover (DFS) Up 2.9% Since Last Earnings Report?

    Discover (DFS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Is Discover Financial (DFS) Stock a Suitable Value Pick Now?
    Zacks

    Is Discover Financial (DFS) Stock a Suitable Value Pick Now?

    Let's see if Discover Financial Services (DFS) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

  • Business Wire

    Millennials Most Likely to Outspend Other Generations This Holiday Season

    Over a third of millennials plan to spend more money this holiday season compared to last year, and they will likely outspend other generations this gift-giving season, according to Discover’s annual Holiday Shopping Survey. Millennials say higher income and more people on their shopping list are two reasons for their boost in spending.

  • Business Wire

    Isbank Merchants Now Accepting Discover Global Network Cards, Increasing Acceptance in Turkey

    As the industry leader in cross border payment acceptance in Turkey, İşbank, has come to an arrangement with Discover Global Network, the payments brand of Discover, to increase the acceptance of Discover, Diners Club International and alliance partner cards. The agreement is through the relationship that both companies hold with the Interbank Card Center (BKM). With adding all of the cards that run on the Discover Global Network to its card acquiring network, Işbank now is an acquirer for the most card brands in Turkey.

  • Business Wire

    Discover and National Hockey League Expand Partnership

    Discover Financial Services (DFS) and the National Hockey League (NHL) today announced a multiyear extension of their U.S. partnership that includes Discover maintaining its status as the Official Credit Card of the NHL® in the U.S. In addition, the new agreement - which extends beyond credit cards - names Discover the Official Bank of the NHL® in the U.S. The expanded partnership also designates Discover as title partner of NBC Sports’ Hockey Day in America, a celebration of the impact hockey has had in the United States.

  • PRA Group's (PRAA) Q3 Earnings Beat Estimates, Rise Y/Y
    Zacks

    PRA Group's (PRAA) Q3 Earnings Beat Estimates, Rise Y/Y

    PRA Group's (PRAA) third-quarter earnings reflect increase in cash collection, offset by higher expenses.

  • It’s Finally Time to Take a Pause on Visa Stock
    InvestorPlace

    It’s Finally Time to Take a Pause on Visa Stock

    Visa (NYSE:V) stock has exhibited a behavior not seen in a long time, it has stayed in place. The payments processor has consistently moved higher for the last few years as consumers across the world increasingly moved to card-based transactions. However, the lack of movement leaves V stock investors wondering what to do.Source: Shutterstock Market trends have left it seemingly immune from secular downturns. Still, it has also stopped responding positively. Considering the stock's history, as long as V stock remains in its current position, traders should probably do the same. Payment Trends, Dominance at Home Drive VisaVisa stock has performed well over the last few years. The company benefits as society increasingly turns from cash in favor of electronic payments. Within the U.S., most of those are made on Visa cards as the firm gains market share over processors such as Mastercard (NYSE:MA), American Express (NYSE:AXP) and Discover Financial (NYSE:DFS).InvestorPlace - Stock Market News, Stock Advice & Trading TipsVisa processed 53.1% of U.S. card transactions in 2018. Despite the competition, this percentage has continued to grow. Moreover, it operates on all six continents and lags only China UnionPay in worldwide transactions. * 7 Buy-Rated Stocks With Dividend Yields Over 9% At a forward price-to-earnings (P/E) ratio of 24.4, few consider this a cheap stock. However, with the record of profit growth it continues to accumulate, I find it hard to argue with the valuation. Over the previous five years, earnings grew by an average of 21.47% per year. Profit growth will slow somewhat in the future but remain robust. Wall Street forecasts earnings increases of 14.3% this year and 16.4% in the next.Clearly, Visa remains a strong stock. While I do not think cash will completely disappear, more people will conduct more transactions via card. Moreover, with numerous countries in the world mostly using physical cash, Visa has the potential to maintain double-digit growth for years to come. V Stock Has Become Range-BoundThe near-term problem for V stock is its lack of traction. On July 19, I urged investors not to buy Visa stock as valuations fully reflected growth potential. Other investors seem to see what I saw. Since that day, the V stock price is just under $180 per share, representing almost no change from mid-July levels.Hence, the question for investors is what will move V stock? Will it fall over a market downturn, or will a comparatively cheap valuation finally motivate buyers?Despite the ten-plus-year length of the economic expansion, it shows no signs of recession. This is significant because it takes turmoil in the market to take V stock into correction territory. It fell briefly into a bear market in the fall 2018 stock selloff. However, before that, it had not seen a significant selloff since 2010. This makes me wonder if this plateau is the closest thing we will see to a correction.For now, valuation looks like a more likely catalyst. When I warned investors to not buy in July, the forward P/E ratio stood above 29. With that forward multiple now at 24.4, the plateau has improved the buy case for V stock. Still, its 52-week high stands at $187.05 per share. That is only around 4% lower than the current price.If it can move to the $190 per share level and stay there, V stock will likely keep moving higher. However, if we experience a downturn in the market, investors may have a chance to buy in at a lower price. For now, all investors can do is wait. The Bottom Line on Visa StockSince V stock shows little movement, investors should probably do the same. Due in large part to e-commerce, traders across the world have turned more often to using credit cards. This plays in Visa's favor as a slight majority of U.S. card transactions take place on Visa's payment network. This will also continue to make V stock a long-term winner. * 10 Monster Growth Stocks to Buy for 2019 and Beyond However, with a slightly elevated P/E ratio, Visa stock currently prices in its present and future growth. With V stock staying in place, traders have no clue as to the direction of Visa in the short term. The lack of movement effectively lowers the P/E ratio due to profit growth.Moreover, V stock has no recent history of falling significantly without a market downturn.Until Visa can break out of its current trading range, traders have little reason to buy.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Sell Before They Roll Over * 5 Beaten-Up Stocks to Buy That Could Be Saved By An Acquisition * 4 Startup Stocks Getting Smashed The post It's Finally Time to Take a Pause on Visa Stock appeared first on InvestorPlace.

  • PULSE and FICO Deliver Debit Fraud Service Innovation to Financial Institutions
    PR Newswire

    PULSE and FICO Deliver Debit Fraud Service Innovation to Financial Institutions

    NEW YORK, Nov. 6, 2019 /PRNewswire/ -- FICO WORLD 2019 -- PULSE, one of the nation's leading debit/ATM networks, recently adopted the FICO® Falcon® Platform to deliver new fraud-detection services to its network of more than 4,100 debit issuers. Collaborating with FICO, PULSE deployed enhanced fraud-detection and blocking capabilities to its issuers with customized capabilities made possible by the power of the FICO Falcon Platform. In addition to a real-time scoring deployment, PULSE and FICO built new capabilities that empowered the debit network to offer issuers greater flexibility in managing their unique portfolios and requirements through improved case-management functionality.

  • Thomson Reuters StreetEvents

    Edited Transcript of DFS earnings conference call or presentation 22-Oct-19 9:00pm GMT

    Q3 2019 Discover Financial Services Earnings Call

  • Business Wire

    Discover Begins Contactless Card Rollout

    Adding to its long line of innovative, digital products and services, Discover today announced it will begin issuing contactless-enabled credit cards over the next several months. “Contactless technology has become increasingly popular with our cardmembers and more accepted by merchants worldwide, and we want to deliver the best shopping experience to our cardmembers,” said Szabolcs Paldy, senior vice president, marketing at Discover. “Our D-PAS technology will allow Discover cardmembers to use their contactless cards instantly at millions of merchants across the globe,” said Andrew Hopkins, senior vice president of Global Products at Discover.

  • SLM Corp (SLM) Ratings Upgraded by Moody's, Outlook Stable
    Zacks

    SLM Corp (SLM) Ratings Upgraded by Moody's, Outlook Stable

    Moody's upgrades ratings for SLM Corporation (SLM) on the back of its strong credit fundamentals and ability to maintain leading position in student loans market.

  • How Much Are Discover Financial Services (NYSE:DFS) Insiders Taking Off The Table?
    Simply Wall St.

    How Much Are Discover Financial Services (NYSE:DFS) Insiders Taking Off The Table?

    We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...

  • Moody's

    Sallie Mae Bank -- Moody's upgrades SLM Corporation's long-term senior unsecured rating to Ba1 from Ba2, concluding review; outlook stable

    Moody's Investors Service ("Moody's") has upgraded the long-term senior unsecured rating of SLM Corporation (SLM) to Ba1 from Ba2. As part of the same rating action, Moody's has upgraded the standalone baseline credit assessment (BCA) of SLM's bank subsidiary Sallie Mae Bank to baa3 from ba1 and the bank's long-term deposit rating to Baa1 from Baa2. In addition, Sallie Mae Bank's short-term deposit rating was confirmed at Prime-2.