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Sunday, April 2, 2023

Value Investing Philosophy And Discover Financial Services (NYSE: DFS)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Discover Financial Services (DFS) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.27, or -0.24%, to $114.50. The Discover Financial Services has recorded 64,436 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Discover® Launches the Discover Technology Experience to Share Knowledge, Build a Community and Help Others Master their Technology Craft.

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Stocks Info

DFS belongs to the Financial sector of the NYSE while operating in the Credit Services industry. At the end of the last regular session, the stock closed at $114.77 and fluctuated between $115.10 as its day high and $112.74 as its day low. The current market capitalization of Discover Financial Services is $29.43B. A total of 1.84 million shares were traded on the day, compared to an average of 2.38M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, DFS has seen 9 BUY and 15 SELL insider trades, representing the acquisition of 226,383 and the disposition of 160,597 shares. Over the last 12 months, there were 21 BUYs and 22 SELLs from insiders. Insiders purchased 245,761 shares during that period but sold 176,720.

In the most recent transaction, Minetti Carlos sold 7,000 shares of DFS for 118.00 per share on Feb 02. After the transaction, the EVP, Pres. – Consumer Banking now owns 114,493 company shares. In a previous transaction on Feb 01, Minetti Carlos sold 7,000 shares at 115.65 per share. DFS shares that EVP, Pres. – Consumer Banking owns now total 121,493.

Among the insiders who sold shares, Moskow Michael H disposed of 1,291 shares on Dec 07 at a per-share price of $105.10. This resulted in the Director holding 51,596 shares of DFS after the transaction.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Discover Financial Services pays an annual dividend of $2.40, resulting in a dividend yield of 2.09%, and it has a price to earnings (P/E) ratio of 7.43. DFS’s most recent ex-dividend date was 2/22/2023 when it declared a $0.60 quarterly dividend that was paid in cash on 3/9/2023. Previously, the company paid the dividend on 12/8/2022 with an ex-dividend date of 11/22/2022. The DFS stock dividend was $0.60 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for DFS in the last 3 months, the mean price target is $117.78 with high estimates of $132.00 and low estimates of $104.00. In terms of 52-week highs and lows, DFS has a high of $121.17 and a low of $87.64.

As of this writing, DFS has an earnings estimate of $3.99 per share for the current quarter. EPS was calculated based on a consensus of 20 estimates, with a high estimate of $4.73 per share and a lower estimate of $2.83. The company reported an EPS of $3.54 in the last quarter, which was -4.80% lower than expectations of $3.72.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 23 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DFS is Sell with a score of 3.67. A total of 10 analysts rated the stock as Buy while 0 rated it as Overweight while 12 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 0 thought it should be Sold.

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