Discover Financial Services (DFS) Scheduled to Post Earnings on Wednesday
Discover Financial Services (NYSE:DFS) will release its earnings data after the market closes on Wednesday, January 24th. Analysts expect Discover Financial Services to post earnings of $1.55 per share for the quarter.
Discover Financial Services (NYSE:DFS) last issued its quarterly earnings data on Tuesday, October 24th. The financial services provider reported $1.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.53 by $0.06. Discover Financial Services had a return on equity of 21.01% and a net margin of 20.04%. On average, analysts expect Discover Financial Services to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.
Shares of Discover Financial Services (NYSE DFS) opened at $78.94 on Wednesday. Discover Financial Services has a 1-year low of $57.50 and a 1-year high of $81.23. The stock has a market capitalization of $28,690.00, a P/E ratio of 13.59, a PEG ratio of 1.79 and a beta of 1.52. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 2.52.
A number of brokerages have recently issued reports on DFS. Barclays set a $95.00 price objective on Discover Financial Services and gave the stock a “buy” rating in a report on Friday, January 12th. Jefferies Group restated a “buy” rating and set a $91.00 price objective on shares of Discover Financial Services in a report on Thursday, January 11th. Royal Bank of Canada restated a “buy” rating and set a $107.00 price objective on shares of Discover Financial Services in a report on Tuesday, January 9th. Wells Fargo & Co restated a “market perform” rating and set a $83.00 price objective (up previously from $69.00) on shares of Discover Financial Services in a report on Tuesday, January 9th. Finally, Stephens set a $73.00 price objective on Discover Financial Services and gave the stock a “sell” rating in a report on Tuesday, January 2nd. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and eighteen have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $80.76.
Discover Financial Services Company Profile
Discover Financial Services (DFS) is a direct banking and payment services company. The Company is a bank holding company, as well as a financial holding company. The Company operates through two segments: Direct Banking and Payment Services. It provides direct banking products and services, and payment services through its subsidiaries.
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