Zacks Research Issues Positive Estimate for DFS Earnings

Discover Financial Services (NYSE:DFS) – Stock analysts at Zacks Research raised their Q1 2025 EPS estimates for Discover Financial Services in a research note issued on Tuesday, March 11th. Zacks Research analyst D. Chatterjee now forecasts that the financial services provider will earn $3.28 per share for the quarter, up from their prior forecast of $3.24. The consensus estimate for Discover Financial Services’ current full-year earnings is $13.88 per share. Zacks Research also issued estimates for Discover Financial Services’ Q2 2025 earnings at $3.36 EPS, Q3 2025 earnings at $3.32 EPS, Q4 2025 earnings at $3.16 EPS, FY2025 earnings at $13.12 EPS, Q1 2026 earnings at $3.79 EPS, Q3 2026 earnings at $3.71 EPS, FY2026 earnings at $15.22 EPS and FY2027 earnings at $17.67 EPS.

DFS has been the topic of a number of other reports. JPMorgan Chase & Co. upped their target price on shares of Discover Financial Services from $146.00 to $169.00 and gave the stock a “neutral” rating in a research note on Friday, January 24th. Truist Financial upped their target price on shares of Discover Financial Services from $233.00 to $262.00 and gave the stock a “buy” rating in a research note on Monday, January 27th. StockNews.com lowered shares of Discover Financial Services from a “buy” rating to a “hold” rating in a research note on Friday, January 24th. Royal Bank of Canada upped their target price on shares of Discover Financial Services from $193.00 to $210.00 and gave the stock a “sector perform” rating in a research note on Friday, January 24th. Finally, Keefe, Bruyette & Woods upped their target price on shares of Discover Financial Services from $170.00 to $232.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. Nine research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, Discover Financial Services currently has an average rating of “Hold” and a consensus price target of $191.91.

Discover Financial Services Stock Up 3.8 %

Shares of NYSE:DFS opened at $163.71 on Thursday. The firm’s 50-day moving average is $188.22 and its two-hundred day moving average is $167.66. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.09 and a quick ratio of 1.03. Discover Financial Services has a 1 year low of $119.31 and a 1 year high of $205.76. The firm has a market capitalization of $41.19 billion, a PE ratio of 10.26, a price-to-earnings-growth ratio of 1.51 and a beta of 1.45.

Discover Financial Services (NYSE:DFS) last issued its quarterly earnings results on Wednesday, January 22nd. The financial services provider reported $5.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.13 by $1.98. Discover Financial Services had a net margin of 17.29% and a return on equity of 26.18%.

Discover Financial Services Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 23rd will be issued a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 1.71%. The ex-dividend date of this dividend is Friday, May 23rd. Discover Financial Services’s payout ratio is currently 17.54%.

Institutional Investors Weigh In On Discover Financial Services

Several large investors have recently modified their holdings of DFS. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Discover Financial Services in the third quarter valued at approximately $30,000. SBI Securities Co. Ltd. acquired a new stake in shares of Discover Financial Services in the fourth quarter valued at approximately $33,000. Flagship Wealth Advisors LLC acquired a new stake in shares of Discover Financial Services in the fourth quarter valued at approximately $34,000. Mattson Financial Services LLC acquired a new stake in shares of Discover Financial Services in the fourth quarter valued at approximately $34,000. Finally, Grove Bank & Trust boosted its holdings in shares of Discover Financial Services by 78.1% in the fourth quarter. Grove Bank & Trust now owns 203 shares of the financial services provider’s stock valued at $35,000 after acquiring an additional 89 shares during the period. 86.94% of the stock is owned by institutional investors and hedge funds.

Discover Financial Services Company Profile

Discover Financial Services, through its subsidiaries, provides digital banking products and services, and payment services in the United States. It operates in two segments, Digital Banking and Payment Services. The Digital Banking segment offers Discover-branded credit cards to individuals; personal loans, home loans, and other consumer lending; and direct-to-consumer deposit products comprising savings accounts, certificates of deposit, money market accounts, IRA certificates of deposit, IRA savings accounts and checking accounts, and sweep accounts.