Q1 Earnings Estimate for DFS Issued By Seaport Res Ptn

Discover Financial Services (NYSE:DFS) – Investment analysts at Seaport Res Ptn issued their Q1 2025 earnings per share (EPS) estimates for Discover Financial Services in a report released on Tuesday, February 18th. Seaport Res Ptn analyst W. Ryan anticipates that the financial services provider will post earnings per share of $3.35 for the quarter. The consensus estimate for Discover Financial Services’ current full-year earnings is $13.84 per share. Seaport Res Ptn also issued estimates for Discover Financial Services’ Q2 2025 earnings at $3.44 EPS, Q3 2025 earnings at $3.44 EPS, Q4 2025 earnings at $3.57 EPS and FY2025 earnings at $13.80 EPS.

Several other research firms have also recently issued reports on DFS. UBS Group upgraded shares of Discover Financial Services from a “neutral” rating to a “buy” rating and increased their target price for the stock from $150.00 to $239.00 in a research note on Monday, January 13th. Wells Fargo & Company increased their price objective on Discover Financial Services from $185.00 to $214.00 and gave the stock an “equal weight” rating in a research report on Friday, January 24th. StockNews.com cut Discover Financial Services from a “buy” rating to a “hold” rating in a research report on Friday, January 24th. Evercore ISI raised their price target on Discover Financial Services from $156.00 to $163.00 and gave the company an “in-line” rating in a report on Wednesday, October 30th. Finally, JPMorgan Chase & Co. boosted their price objective on Discover Financial Services from $146.00 to $169.00 and gave the stock a “neutral” rating in a report on Friday, January 24th. Ten analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $186.46.

Discover Financial Services Price Performance

DFS stock opened at $203.34 on Wednesday. The firm has a 50 day moving average of $186.02 and a 200-day moving average of $162.17. The firm has a market capitalization of $51.10 billion, a P/E ratio of 12.74, a price-to-earnings-growth ratio of 0.60 and a beta of 1.46. Discover Financial Services has a 12 month low of $118.74 and a 12 month high of $205.76. The company has a current ratio of 1.09, a quick ratio of 1.03 and a debt-to-equity ratio of 1.09.

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

Discover Financial Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 23rd will be paid a $0.70 dividend. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.38%. Discover Financial Services’s dividend payout ratio (DPR) is 17.54%.

Hedge Funds Weigh In On Discover Financial Services

Large investors have recently added to or reduced their stakes in the business. Creative Planning increased its holdings in shares of Discover Financial Services by 0.8% in the third quarter. Creative Planning now owns 64,476 shares of the financial services provider’s stock worth $9,045,000 after buying an additional 517 shares during the period. Blue Trust Inc. grew its position in Discover Financial Services by 115.7% during the 3rd quarter. Blue Trust Inc. now owns 1,234 shares of the financial services provider’s stock worth $161,000 after acquiring an additional 662 shares during the last quarter. Raymond James & Associates lifted its position in Discover Financial Services by 12.7% in the third quarter. Raymond James & Associates now owns 149,361 shares of the financial services provider’s stock valued at $20,954,000 after purchasing an additional 16,863 shares during the last quarter. OLD National Bancorp IN boosted its stake in shares of Discover Financial Services by 74.3% during the third quarter. OLD National Bancorp IN now owns 5,007 shares of the financial services provider’s stock valued at $703,000 after purchasing an additional 2,135 shares during the period. Finally, Raleigh Capital Management Inc. boosted its stake in shares of Discover Financial Services by 37.5% during the third quarter. Raleigh Capital Management Inc. now owns 1,035 shares of the financial services provider’s stock valued at $145,000 after purchasing an additional 282 shares during the period. Hedge funds and other institutional investors own 86.94% of the company’s stock.

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.