Discover Financial ServicesDFS
Market Cap: $32.3B
About: Discover Financial Services is a bank operating in two distinct segments: direct banking and payment services. The company issues credit and debit cards and provides other consumer banking products including deposit accounts and personal loans. It also operates the Discover, Pulse, and Diners Club networks. The Discover network is the fourth-largest payment network in the United States as ranked by overall purchase volume, and Pulse is one of the largest ATM networks in the country.
Employees: 21,100
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
23% more funds holding in top 10
Funds holding in top 10: 22 [Q1] → 27 (+5) [Q2]
0.16% less ownership
Funds ownership: 85.0% [Q1] → 84.84% (-0.16%) [Q2]
0% less funds holding
Funds holding: 1,010 [Q1] → 1,006 (-4) [Q2]
0% less capital invested
Capital invested by funds: $27.9B [Q1] → $27.7B (-$116M) [Q2]
4% less first-time investments, than exits
New positions opened: 91 | Existing positions closed: 95
11% less repeat investments, than reductions
Existing positions increased: 328 | Existing positions reduced: 370
20% less call options, than puts
Call options by funds: $134M | Put options by funds: $168M
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Barclays Mark Devries 76% 1-year accuracy 22 / 29 met price target | 6%upside $137 | Equal-Weight Maintained | 19 Jul 2024 |
JP Morgan Richard Shane 63% 1-year accuracy 25 / 40 met price target | 5%upside $135 | Neutral Maintained | 19 Jul 2024 |
RBC Capital Jon Arfstrom 78% 1-year accuracy 40 / 51 met price target | 15%upside $148 | Sector Perform Maintained | 19 Jul 2024 |
BMO Capital James Fotheringham 71% 1-year accuracy 12 / 17 met price target | 8%downside $119 | Market Perform Maintained | 19 Jul 2024 |
Jefferies John Hecht 64% 1-year accuracy 7 / 11 met price target | 17%upside $150 | Buy Maintained | 9 Jul 2024 |
Financial journalist opinion
Based on 5 articles about DFS published over the past 30 days