Discover Financial Services stock is trading -17.21% below its average target price of $206.62 after marking a 7.8% during today's afternoon session. Analysts are giving the Large-Cap Diversified Financial company an average rating of buy and target prices ranging from $169.0 to $244.0 per share.
The stock has an average amount of shares sold short at 2.5%, and a short ratio of 2.46. The company's insiders own 0.17% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 85.0% of Discover Financial Services's shares being owned by this investor type.
Institutions Invested in Discover Financial Services
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-12-31 | Vanguard Group Inc | 12% | 31,045,208 | $5,310,282,923 |
| 2024-12-31 | Blackrock Inc. | 9% | 21,768,857 | $3,723,563,056 |
| 2024-12-31 | Capital World Investors | 8% | 19,503,948 | $3,336,150,364 |
| 2024-12-31 | State Street Corporation | 4% | 10,795,133 | $1,846,507,532 |
| 2024-12-31 | FMR, LLC | 3% | 7,553,016 | $1,291,943,409 |
| 2024-12-31 | Geode Capital Management, LLC | 2% | 6,240,451 | $1,067,429,162 |
| 2024-12-31 | Boston Partners | 2% | 4,809,635 | $822,688,081 |
| 2024-12-31 | Morgan Stanley | 2% | 4,356,750 | $745,222,100 |
| 2024-12-31 | NORGES BANK | 2% | 4,183,572 | $715,600,003 |
| 2024-12-31 | Dimensional Fund Advisors LP | 1% | 3,156,649 | $539,944,821 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Discover Financial Services.
