Quote & Headlines
Market Currents
StockTalk
Today
5d
1m
3m
1y
5y
10y
52wk high:
52wk low:
EPS:
PE:
Div Rate:
Yield:
Market Cap:
Volume:
2,098 people get DFS articles and Market Currents by email alert.
Get email alerts on DFS »
FOCUS
|
PRO
|
RELATED
|
TRANSCRIPTS
|
NEWS & PR
-
-
-
-
-
-
-
-
-
Why Discover Financial Is Worth $39Trefis • Thu, Nov 29, 2012
-
-
-
-
-
-
-
-
Discover Financial Charged For $38 With Diverse OfferingsTrefis • Tue, Jul 10, 2012
-
Discover: Cheap Growth For Your PortfolioSkyler Greene • Mon, Jul 2, 2012 -
Avoiding Discover FinancialAaron Murdock • Tue, Jun 19, 2012
-
Earnings Preview: Discover Financial ServicesStockPandit • Mon, Jun 18, 2012
To learn more about Seeking Alpha Pro, click here.
-
Discover Financial Services Q2 2009 Earnings Call TranscriptThu, Jun 18, 2009
-
Discover Financial Services Financial Community Briefing TranscriptFri, Jan 30, 2009
-
Business Wire (Mon, 9:00AM)
-
Business Wire (Jun 5, 2013)
-
at CNBC.com (Jun 4, 2013)
-
Business Wire (May 30, 2013)
-
Business Wire (May 28, 2013)
-
Business Wire (May 22, 2013)
-
Business Wire (May 21, 2013)
-
Business Wire (May 21, 2013)
-
Business Wire (May 13, 2013)
-
Business Wire (May 6, 2013)
-
at CNBC.com (May 2, 2013)
-
Business Wire (Apr 30, 2013)
-
Business Wire (Apr 30, 2013)
-
at MarketWatch.com (Apr 23, 2013)
-
Business Wire (Apr 23, 2013)
-
at CNBC.com (Apr 20, 2013)
-
at CNBC.com (Apr 17, 2013)
-
at CNBC.com (Apr 17, 2013)
-
Business Wire (Apr 16, 2013)
DFS vs. ETF Alternatives
Company Description
Discover Financial Services is a leading credit card issuer in the United States and an electronic payment services company. In March 2009, we became a bank holding company under the Bank Holding Company Act of 1956 and a financial holding company under the Gramm-Leach-Bliley Act in connection... More
- All
- | Earnings
- | Dividends
- | M&A
- | On the move
- Wednesday, June 5, 3:56 PM Discover (DFS -1.4%) sees no benefit from Nomura raising its target on the Buy-rated stock to $54 from $50. The analysts see Discover as poised to outperform whether markets move higher or pull back as they expect loss-reserve builds to be more gradual than the consensus view. $54 represents 11x 2014 expected earnings. Comment! [Financials]
- Thursday, May 30, 11:14 AM Discover (DFS) is reiterated as top-pick among credit-card issuers at Credit Suisse, the analysts noting American Express (AXP) - used to having the field of highest-spending customers to itself - faces stiffer competition. Capital One (COF) is continued at Hold, the team seeing the need for increased marketing as quashing the idea of more cost-cutting. Comment! [Financials]
- Wednesday, May 1, 11:17 AM eBay (EBAY -0.2%) roundup: 1) PayPal and Discover (DFS) have signed deals with 50 merchant acquirers; this will allow PayPal to be an option at 2M+ merchant outlets by year's end vs. 250K today. The Discover partnership went live last month. 2) CEO John Donahoe insists eBay isn't opposed to an Internet sales tax (previous), but wants an out-of-state annual sales threshold of $10M (exempting most Marketplaces merchants) vs. the proposed $1M. 3) Looking to fight off upstarts such as Stripe, PayPal is making it easier to login/pay at multiple merchant sites. 4) Wal-Mart continues to resist PayPal's offline efforts, arguing "the added complexity at the point of sale does not justify acceptance of PayPal." 1 Comment [Tech, Consumer, Financials]
- Tuesday, April 23, 8:45 AM More on Discover Financial (DFS) Q1 earnings: Discover card sales volume +4% Y/Y. 30-day delinquency falls to a record low 1.77%, off 33 bps Y/Y. Net interest margin of 9.39%, up 30 bps Y/Y thanks to lower funding costs. Reserve release of $154M vs. $274M a year ago. Expenses of $75M, up 12% Y/Y due to higher compensation costs. Shares +2.3% premarket. (PR) 6 Comments [Financials, Earnings, On the Move]
- Tuesday, April 23, 8:33 AM Discover Financial Services (DFS): Q1 EPS of $1.33 beats by $0.20. (PR) Comment! [Earnings, Breaking News, Financials]
- Tuesday, April 23, 12:05 AM Notable earnings before Tuesday’s open: ACI, AKS, AOS, APD, ARMH, CIT, CNC, COH, DAL, DD, DFS, EAT, ECA, FMER, FRX, GCI, GNTX, IDXX, IIVI, IR, IRWD, ITW, JCI, JNS, LCC, LECO, LMT, LXK, MOLX, PCAR, PCH, PII, PMT, PNR, R, RAI, RF, RSH, SNV, ST, TRV, UTX, WAT, XRX 1 Comment [Earnings]
- Monday, April 22, 5:30 PM Notable earnings before Tuesday’s open: ACI, AKS, AOS, APD, ARMH, CIT, CNC, COH, DAL, DD, DFS, EAT, ECA, FMER, FRX, GCI, GNTX, IDXX, IIVI, IR, IRWD, ITW, JCI, JNS, LCC, LECO, LMT, LXK, MOLX, PCAR, PCH, PII, PMT, PNR, R, RAI, RF, RSH, SNV, ST, TRV, UTX, WAT, XRX Comment! [Earnings]
- Tuesday, April 16, 5:08 PM Discover Financial Services (DFS) declares $0.20/share quarterly dividend, 43% increase from prior dividend of $0.14. Forward yield 1.86%. For shareholders of record May 09. Payable May 23. Ex-div date May 07. (PR) Comment! [Dividends]
- Thursday, April 11, 2:41 PM PayPal's (EBAY +1%) partnership with Discover (DFS +0.1%) will launch on April 19. That's well ahead of a prior eBay forecast for the end of Q2. The tie-up will allow PayPal users to make payments using a phone number and a PIN at ~2M stores handling Discover cards - that's almost certainly playing a role in MasterCard's sudden interest in digital wallet fees. But questions remain about whether users will embrace the concept - cashiers at a Home Depot carrying out a PayPal trial report even early adopters sometimes went back to card-swiping, viewing it as more convenient. 1 Comment [Tech, Consumer, Financials]
- Friday, April 5, 3:33 PM Discover (DFS) might be the best of the credit card crowd, says Jefferies (AMEX and CapOne earlier), confident the company can continue to see card growth of 4% even in a soft environment. Also noted are charge-offs at the low end of management guidance and the $2.4B buyback program. Risks: Higher expenses driven by rewards and advertising. Comment! [Financials]
- Monday, March 18, 5:18 PM More from Whitney: There's more than 30% upside to Discover (DFS) for the rest of 2013, she tells CNBC. It's taking market share from the banks by providing credit where they've pulled back, and has become one of the only true growth names among financials. "It's all guns blazing on this name." 2 Comments [Financials]
- Thursday, March 14, 6:35 PM Discover Financial Services (DFS) declares $0.20/share quarterly dividend, 42.8% increase from prior dividend of $0.14. Forward yield 1.87%. The board approved share repurchase program of $2.4B, replacing the prior $2B plan, under which $600M are pending. Shares +3.2% AH. (PR) 1 Comment [Dividends, On the Move]
-
Thursday, March 14, 5:53 PM
After-hours top gainers, as of 5:15 p.m.: MUX +4%. BAC +4%. DFS +3%. RRD +2%. MS +2%.
After-hours top losers: GLDD -31%. ULTA -11%. MWA -9%. KKD -6%. ARO -6%. 6 Comments [On the Move] - Wednesday, March 13, 10:38 AM Discover FInancial (DFS +1.5%) is upgraded to Buy at FBR Capital, which boosts FY13 and FY14 estimates thanks to higher receivables growth, better net interest margin, and lower credit costs. FBR downgraded Discover 2 months ago because of the "It" card, but the early returns have made believers of the analyst team. Comment! [Financials]
- Wednesday, March 6, 9:31 AM Discover Financial (DFS +1.4%) is upgraded to Buy by Blair's Robert Napoli, arguing the 9.6 PE on 2015 EPS (2015?) gives little credit to the company's franchise value and "proven" management strength. Napoli says the shares deserve a 13 multiple, giving them 35-40% upside from here. Comment! [Financials, On the Move]
- Wednesday, February 27, 12:57 PM Discover (DFS) goes after a new source of cheap funding, adding deposit accounts to its offerings. As with its credit cards, Discover will offer $0.10 for every payment customers make - this as many banks eliminate such rewards. (PR) Comment! [Financials]