Discover Financial Services (NYSE: DFS) will release quarterly income data after market closes on Wednesday, July 21. Analysts expect the company to report quarterly earnings of $ 3.31 per share. Individuals interested in participating in the Company Results Conference Call This link ..
Discover Financial Services (NYSE: DFS) last released its quarterly financial data on Tuesday, April 20. Financial services providers reported quarterly earnings per share (EPS) of $ 5.04, ahead of Sachs’ consensus estimate of $ 2.82 of $ 2.22. The company’s revenue for the quarter was $ 2.8 billion, compared to $ 2.79 billion according to analysts’ forecasts. Discover Financial Services recorded a return on equity of 28.88% and a net return of 22.20%. The turnover of the activities is down by 3.2% over one year. During the same period last year, the company made earnings per share ($ 0.25). Analysts expect Discover Financial Services to record EPS of $ 13 in the current fiscal year and $ 12 in the next fiscal year.
Share NYSE DFS It opened Wednesday for $ 125.26. The company has a market cap of $ 38.19 billion, a price-to-earnings ratio of 14.11, a price-to-earnings ratio of 0.17, and a beta of 1.83. The company’s 50-day moving average is $ 118.89. Discover Financial Services has a 52 week low price of $ 46.82 and a 52 week high price of $ 127.65. The company has a debt to equity ratio of 1.89, a quick ratio of 1.24, and a current ratio of 1.24.
The company also recently announced a quarterly dividend payable on Thursday, June 3. Investors of record on Thursday, May 20 received a dividend of $ 0.44. The ex-dividend date of this dividend was Wednesday, May 19. This equates to an annual dividend of $ 1.76 and a dividend yield of 1.41%. Discover Financial Services has a dividend payment rate of 48.89%.
In related news, director Michael H. Moscow sold 3,824 shares of the company in a transaction that took place on Thursday, May 6. The stock sold for an average price of $ 115.97 and a total price of $ 443,469.28. Following the closing of the transaction, the board now directly owns 51,253 shares of the company, valued at approximately $ 5,943,810.41. The sale was disclosed in a legal document to the Securities and Exchange Commission. SEC website. Executive Vice President Daniel Peter Capozzi also sold 9,970 shares of the company in a transaction that took place on Monday April 26. The shares were sold for an average price of $ 106.30 and a total price of $ 1,059,811.00. After the transaction closes, the Vice President now owns 27,042 shares of the company, valued at $ 2,874,564.60. Disclosure of that sale can be found here. Insider has sold a total of 28,794 shares of its own stock for $ 3,213,580 in the past 90 days. Company insiders hold a 0.54% stake in the company.
Recently, many research analysts have published reports on the company. In a report released on Friday, July 9, Discover Financial Services went from a “neutral” rating to a “buy” rating, and the company’s target price fell from $ 101.00 to $ 150.00. Bank of America downgraded Discover Financial Services from a âneutralâ rating to a âbuyâ rating, setting its price target at $ 120.00 in a report released on Monday, April 26. Credit Suisse Group raised its Discover Financial Services price target from $ 128.00 to $ 140.00 and rated its share price as “outperforming” in a Friday July 2 report. In a Friday July 9 report, Discover Financial Services was upgraded from a âneutralâ rating to a âbuyâ rating and its share price target was raised from $ 101.00 to $ 150.00 . In the end, Zacks Investment Research upgraded Discover Financial Services from a âbuyâ to a âholdâ valuation and set the company’s target price at $ 124.00. In the report of Wednesday July 7. Nine research analysts rated the stock with a conservation rating and 11 gave the company’s stock a buy rating. Discover Financial Services’ current consensus rating is âBuyâ with an average target price of $ 113.39.
View Financial Services Company Profile
Discover Financial Services operates as a digital banking and payments company in the United States through its subsidiaries. It operates in two segments: digital banking and payment services. The digital banking segment offers Discover branded credit cards to consumers. And other consumer products and services. This includes personal student loans, personal loans, mortgages and other consumer loans, as well as deposit products such as certificates of deposit, money market accounts, IRA certificates of deposit, savings accounts. IRA and checking accounts. It is included. , And a sweep count.
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Discover Financial Services (DFS) to announce quarterly financial results on Wednesday
Source link Discover Financial Services (DFS) to report quarterly financial results on Wednesday