Getting to Know the Facts About Discover Financial Services

Shares of Discover Financial Services have moved 1.7% today, and are now trading at a price of $124.9. In contrast, the S&P 500 index saw a -0.0% change. Today's trading volume is 924,747 compared to the stock's average volume of 1,303,560.

Discover Financial Services, through its subsidiaries, provides digital banking products and services, and payment services in the United States. Based in Riverwoods, United States the company has 21,100 full time employees and a market cap of $31,299,817,472. Discover Financial Services currently offers its equity investors a dividend that yields 2.3% per year.

The company is now trading -7.71% away from its average analyst target price of $135.33 per share. The 12 analysts following the stock have set target prices ranging from $115.0 to $151.0, and on average give Discover Financial Services a rating of hold.

Over the last 52 weeks, DFS stock has risen 8.8%, which amounts to a -14.5% difference compared to the S&P 500. The stock's 52 week high is $131.65 whereas its 52 week low is $79.04 per share. With its net margins declining an average -6.7% over the last 6 years, Discover Financial Services may not have a strong enough profitability trend to support its stock price.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023 17,845,000 2,940,000 16 -52.94
2022 12,864,000 4,374,000 34 -33.33
2021 10,651,000 5,422,000 51 410.0
2020 11,095,000 1,125,000 10 -60.0
2019 11,993,000 2,957,000 25 0.0
2018 10,893,000 2,742,000 25
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.