Discover Financial Services (DFS)
(Delayed Data from NYSE)
$126.68 USD
+1.33 (1.06%)
Updated Apr 22, 2024 04:00 PM ET
After-Market: $126.68 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
A Value D Growth B Momentum B VGM
Company Summary
Founded in 1986 and based in Riverwoods, IL, Discover Financial Services is a digital banking and payment services company in the United States. The company offers credit cards, personal, and home loans as well as deposit products. In March 2009, it became a bank holding company under the Bank Holding Company Act of 1956 and a financial holding company under the Gramm-Leach-Bliley Act in connection with its participation in the U.S. Treasury’s Capital Purchase Program.
Discover Financial’s products and services are available in more than 185 countries and territories. The ...
Company Summary
Founded in 1986 and based in Riverwoods, IL, Discover Financial Services is a digital banking and payment services company in the United States. The company offers credit cards, personal, and home loans as well as deposit products. In March 2009, it became a bank holding company under the Bank Holding Company Act of 1956 and a financial holding company under the Gramm-Leach-Bliley Act in connection with its participation in the U.S. Treasury’s Capital Purchase Program.
Discover Financial’s products and services are available in more than 185 countries and territories. The company operates through three networks:
The Discover Network – the company’s credit card payment network. The PULSE network – its ATM, debit and electronic funds transfer network. Diners Club International – its global payment network.
Discover Financial manages its business activities in two segments:
The Digital Banking segment (accounted for 93.3% of pre-tax income in 2023): This includes Discover card-branded credit cards issued to individuals in the Discover Network. The segment also offers personal loans, home loans and, other consumer lending and deposit products.
The Payment Services segment (6.7%): This includes PULSE, Diners Club and its network partners business (previously referred to as the third-party issuing business), which includes credit, debit and prepaid cards issued by the third parties on the Discover Network.
Discover Financial entered into a definitive agreement to divest its operations to Capital One Financial Corporation in an all-stock deal. The deal is expected to close by late 2024 or early 2025, subject to regulatory and shareholder approvals and closing conditions.
General Information
Discover Financial Services
2500 Lake Cook Road
Riverwoods, IL 60015
Phone: 224-405-0900
Fax: 224-405-4993
Email: investorrelations@discover.com
| Industry | Financial - Consumer Loans |
| Sector | Finance |
| Fiscal Year End | December |
| Last Reported Quarter | 3/31/2024 |
| Exp Earnings Date | 7/17/2024 |
EPS Information
| Current Quarter EPS Consensus Estimate | 2.76 |
| Current Year EPS Consensus Estimate | 11.38 |
| Estimated Long-Term EPS Growth Rate | 14.50 |
| Exp Earnings Date | 7/17/2024 |
Price and Volume Information
| Zacks Rank |  |
| Yesterday's Close | 125.35 |
| 52 Week High | 131.65 |
| 52 Week Low | 79.04 |
| Beta | 1.45 |
| 20 Day Moving Average | 1,157,395.88 |
| Target Price Consensus | 131.47 |
| 4 Week | -0.33 |
| 12 Week | 17.24 |
| YTD | 11.52 |
| 4 Week | 5.03 |
| 12 Week | 15.44 |
| YTD | 7.09 |
| Shares Outstanding (millions) | 250.57 |
| Market Capitalization (millions) | 31,408.30 |
| Short Ratio | NA |
| Last Split Date | NA |
| Dividend Yield | 2.23% |
| Annual Dividend | $2.80 |
| Payout Ratio | 0.32 |
| Change in Payout Ratio | 0.08 |
| Last Dividend Payout / Amount | 2/21/2024 / $0.70 |
Fundamental Ratios
| P/E (F1) | 11.02 |
| Trailing 12 Months | 14.29 |
| PEG Ratio | 0.76 |
| vs. Previous Year | -69.27% |
| vs. Previous Quarter | -28.57% |
| vs. Previous Year | 20.71% |
| vs. Previous Quarter | 1.34% |
| Price/Book | 2.13 |
| Price/Cash Flow | 10.70 |
| Price / Sales | 1.45 |
| 3/31/24 | 16.74 |
| 12/31/23 | 22.24 |
| 9/30/23 | 27.36 |
| 3/31/24 | 1.56 |
| 12/31/23 | 2.08 |
| 9/30/23 | 2.63 |
| 3/31/24 | 1.05 |
| 12/31/23 | 1.13 |
| 9/30/23 | 1.12 |
| 3/31/24 | NA |
| 12/31/23 | 1.13 |
| 9/30/23 | 1.12 |
| 3/31/24 | 10.56 |
| 12/31/23 | 14.30 |
| 9/30/23 | 18.39 |
| 3/31/24 | 10.56 |
| 12/31/23 | 14.30 |
| 9/30/23 | 18.39 |
| 3/31/24 | 13.72 |
| 12/31/23 | 18.57 |
| 9/30/23 | 23.83 |
| 3/31/24 | 58.75 |
| 12/31/23 | 55.08 |
| 9/30/23 | 52.71 |
| 3/31/24 | NA |
| 12/31/23 | NA |
| 9/30/23 | NA |
| 3/31/24 | NA |
| 12/31/23 | 1.49 |
| 9/30/23 | 1.48 |
| 3/31/24 | NA |
| 12/31/23 | 58.12 |
| 9/30/23 | 57.76 |