Currently, there are 251.34M common shares owned by the public and among those 250.16M shares have been available to trade.
The company’s stock has a 5-day price change of -2.55% and -14.16% over the past three months. DFS shares are trading -11.68% year to date (YTD), with the 12-month market performance up to 21.46% higher. It has a 12-month low price of $119.31 and touched a high of $205.76 over the same period. DFS has an average intraday trading volume of 1.73 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -14.92%, -17.98%, and -1.85% respectively.
Institutional ownership of Discover Financial Services (NYSE: DFS) shares accounts for 84.26% of the company’s 251.34M shares outstanding.
It has a market capitalization of $38.49B and a beta (3y monthly) value of 1.21. The stock’s trailing 12-month PE ratio is 9.83, while the earnings-per-share (ttm) stands at $15.56. The company has a PEG of 13.47 and the debt-to-equity ratio at 0.91. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.63% over the week and 4.27% over the month.
Earnings per share for the fiscal year are expected to decrease by -21.94%, and 14.54% over the next financial year. EPS should shrink at an annualized rate of 0.73% over the next five years, compared to 14.28% over the past 5-year period.
Looking at the support for the DFS, a number of firms have released research notes about the stock. UBS stated their Buy rating for the stock in a research note on January 13, 2025, with the firm’s price target at $150-$239. Barclays coverage for the Discover Financial Services (DFS) stock in a research note released on January 06, 2025 offered a Overweight rating with a price target of $186. BTIG Research was of a view on June 07, 2024 that the stock is Neutral, while Morgan Stanley gave the stock Overweight rating on February 08, 2024, issuing a price target of $105- $133. HSBC Securities on their part issued Hold rating on January 19, 2024.
