Q1 Earnings Forecast for DFS Issued By Seaport Res Ptn

Discover Financial Services (NYSE:DFS) – Equities researchers at Seaport Res Ptn issued their Q1 2025 earnings per share (EPS) estimates for Discover Financial Services in a note issued to investors on Tuesday, February 18th. Seaport Res Ptn analyst W. Ryan forecasts that the financial services provider will earn $3.35 per share 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.

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

A number of other analysts have also issued reports on the company. Wells Fargo & Company boosted their target price on Discover Financial Services from $185.00 to $214.00 and gave the company an “equal weight” rating in a research report on Friday, January 24th. StockNews.com lowered Discover Financial Services from a “buy” rating to a “hold” rating in a research report on Friday, January 24th. Barclays boosted their target price on Discover Financial Services from $186.00 to $209.00 and gave the company an “overweight” rating in a research report on Friday, January 24th. UBS Group raised Discover Financial Services from a “neutral” rating to a “buy” rating and boosted their target price for the company from $150.00 to $239.00 in a research report on Monday, January 13th. Finally, JPMorgan Chase & Co. boosted their target price on Discover Financial Services from $146.00 to $169.00 and gave the company a “neutral” rating in a research report on Friday, January 24th. Ten equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, Discover Financial Services presently has an average rating of “Hold” and a consensus price target of $186.46.

Discover Financial Services Trading Up 0.5 %

DFS opened at $196.96 on Wednesday. The stock has a market capitalization of $49.50 billion, a PE ratio of 12.34, a P/E/G ratio of 0.60 and a beta of 1.46. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.03 and a current ratio of 1.09. Discover Financial Services has a one year low of $118.74 and a one year high of $205.76. The business’s 50 day moving average price is $185.51 and its 200 day moving average price is $161.88.

Hedge Funds Weigh In On Discover Financial Services

A number of institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. grew its stake in shares of Discover Financial Services by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 31,045,208 shares of the financial services provider’s stock worth $5,377,961,000 after purchasing an additional 290,937 shares in the last quarter. State Street Corp grew its stake in shares of Discover Financial Services by 0.8% during the third quarter. State Street Corp now owns 10,498,044 shares of the financial services provider’s stock worth $1,472,771,000 after purchasing an additional 80,601 shares in the last quarter. FMR LLC grew its stake in shares of Discover Financial Services by 0.8% during the fourth quarter. FMR LLC now owns 7,553,016 shares of the financial services provider’s stock worth $1,308,409,000 after purchasing an additional 59,154 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Discover Financial Services by 2.7% during the fourth quarter. Geode Capital Management LLC now owns 6,240,451 shares of the financial services provider’s stock worth $1,082,826,000 after purchasing an additional 165,589 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Discover Financial Services during the fourth quarter worth $724,720,000. Institutional investors and hedge funds own 86.94% of the company’s stock.

Discover Financial Services Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Friday, May 23rd will be paid a dividend of $0.70 per share. The ex-dividend date is Friday, May 23rd. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.42%. Discover Financial Services’s payout ratio is currently 17.54%.

About Discover Financial Services

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.