Discover Financial Services (DFS) Given News Impact Score of 0.13
Media headlines about Discover Financial Services (NYSE:DFS) have been trending somewhat positive on Monday, according to Accern. Accern ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Discover Financial Services earned a daily sentiment score of 0.13 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 46.4699939753647 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:
- Discover Financial Services Declares Cash Payment to Shareholders (incomeinvestors.com)
- This Morning’s Technical Outlook on Credit Services Stocks — CIT Group, Capital One Financial, Discover Financial Services, and Equifax (bizjournals.com)
- Should You Buy Discover Financial (DFS) Ahead of Earnings? (zacks.com)
- Analysts Expect Discover Financial Services (DFS) Will Announce Quarterly Sales of $1.85 Billion (americanbankingnews.com)
- Notable Friday Option Activity: DFS, GM, CXO (nasdaq.com)
Discover Financial Services (NYSE DFS) traded up $0.55 during midday trading on Monday, hitting $78.87. The stock had a trading volume of 1,820,000 shares, compared to its average volume of 2,240,000. The company has a market cap of $28,660.00, a PE ratio of 13.57, a price-to-earnings-growth ratio of 1.28 and a beta of 1.52. The company has a debt-to-equity ratio of 2.52, a current ratio of 1.55 and a quick ratio of 1.55. Discover Financial Services has a 12-month low of $57.50 and a 12-month high of $81.23.
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 8th. Stockholders of record on Thursday, February 22nd will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Wednesday, February 21st. This represents a $1.40 annualized dividend and a dividend yield of 1.78%. Discover Financial Services’s payout ratio is 24.10%.
Several equities analysts recently issued reports on the company. Deutsche Bank assumed coverage on Discover Financial Services in a research report on Tuesday, January 2nd. They issued a “buy” rating and a $92.00 price objective on the stock. Zacks Investment Research cut Discover Financial Services from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd. Bank of America raised Discover Financial Services from a “neutral” rating to a “buy” rating and set a $83.00 price objective on the stock in a research report on Monday, December 18th. Barclays set a $95.00 price objective on Discover Financial Services and gave the company a “buy” rating in a research report on Friday, January 12th. Finally, Wells Fargo & Co reaffirmed a “market perform” rating and issued a $83.00 price objective (up from $69.00) on shares of Discover Financial Services in a research report on Tuesday, January 9th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and eighteen have given a buy rating to the stock. Discover Financial Services currently has an average rating of “Buy” and a consensus price target of $80.76.
In other news, EVP Kathryn Mcnamara Corley sold 4,000 shares of the company’s stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $76.81, for a total value of $307,240.00. Following the completion of the sale, the executive vice president now directly owns 134,744 shares in the company, valued at approximately $10,349,686.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Carlos Minetti sold 8,000 shares of the company’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $66.68, for a total value of $533,440.00. Following the completion of the sale, the executive vice president now owns 173,149 shares of the company’s stock, valued at $11,545,575.32. The disclosure for this sale can be found here. Insiders have sold a total of 179,277 shares of company stock worth $12,673,925 over the last three months. Insiders own 0.96% of the company’s stock.
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About Discover Financial Services
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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