Discover Financial Services (DFS)

• Market cap: $39.7B
• 1 day: 0.50%
• 5 days: -11.95%
• 1 month: -19.00%
• 3 months: -11.48%
• 6 months: 22.61%
• Year to date: -9.43%
• 1 year: 29.40%
• 5 years: 196.56%
• 10 years: 172.72%
• Sector: Financials
• Industry: Personal Credit Institutions

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: 21,000

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

178% more first-time investments, than exits

New positions opened: 192 | Existing positions closed: 69

45% more funds holding in top 10

Funds holding in top 10: 22 [Q3] → 32 (+10) [Q4]

23% more capital invested

Capital invested by funds: $29.4B [Q3] → $36.4B (+$6.91B) [Q4]

10% more funds holding

Funds holding: 1,041 [Q3] → 1,140 (+99) [Q4]

5% more call options, than puts

Call options by funds: $269M | Put options by funds: $257M

0.25% less ownership

Funds ownership: 83.77% [Q3] → 83.52% (-0.25%) [Q4]

15% less repeat investments, than reductions

Existing positions increased: 345 | Existing positions reduced: 408

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $169 7% upside
• Avg. target: $217 38% upside
• High target: $262 66% upside

6 analyst ratings

• positive: 3 50%
• neutral: 3 50%
• negative: 0 0%

Truist Securities Brian Foran 0% 1-year accuracy 0 / 11 met price target	66% upside $262	Buy Maintained	27 Jan 2025
RBC Capital Karl Shepard 0% 1-year accuracy 0 / 5 met price target	33% upside $210	Sector Perform Maintained	24 Jan 2025
JP Morgan Richard Shane 60% 1-year accuracy 37 / 62 met price target	7% upside $169	Neutral Maintained	24 Jan 2025
Barclays Terry Ma 52% 1-year accuracy 11 / 21 met price target	32% upside $209	Overweight Maintained	24 Jan 2025
Wells Fargo Donald Fandetti 56% 1-year accuracy 18 / 32 met price target	36% upside $214	Equal-Weight Maintained	24 Jan 2025