Shares of Finance sector company Discover Financial Services moved 17.4% today, and are now trading at a price of $178.25. The Large-Cap stock's daily volume was 2,207,393 compared to its average volume of 1,245,268. The S&P 500 index returned a 2.0% performance.
Discover Financial Services, through its subsidiaries, provides digital banking products and services, and payment services in the United States. The company is based in Riverwoods and has 21,100 full time employees. Its market capitalization is $44,752,326,656. Discover Financial Services currently offers its equity investors a dividend that yields 1.8% per year.
11 analysts are following Discover Financial Services and have set target prices ranging from $118.0 to $173.0 per share. On average, they have given the company a rating of hold. At today's prices, DFS is trading 14.93% away from its average analyst target price of $155.09 per share.
Over the last year, DFS's share price has increased by 80.0%, which represents a difference of 48.1% when compared to the S&P 500. The stock's 52 week high is $188.19 per share whereas its 52 week low is $82.15. With average free cash flows of $6.3 Billion that have been growing at an average rate of 8.8% over the last 5 years, Discover Financial Services is in a position to continue its strong stock performance trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 8,563,000 | 303,000 | 8,260,000 | 19.64 |
| 2022 | 7,140,000 | 236,000 | 6,904,000 | 18.52 |
| 2021 | 6,019,000 | 194,000 | 5,825,000 | -1.85 |
| 2020 | 6,196,000 | 261,000 | 5,935,000 | 0.39 |
| 2019 | 6,196,000 | 284,000 | 5,912,000 | 19.75 |
| 2018 | 5,191,000 | 254,000 | 4,937,000 |
