| Market cap | $28.27B |
|---|---|
| Enterprise value | $31.84B |
| Revenue | $9.915B |
|---|---|
| EBITDA | $3.387B |
| Income | $2.202B |
| Revenue Q/Q | 2.34% |
| Revenue Y/Y | -8.88% |
| P/E | 14.64 |
|---|---|
| Forward P/E | 9.08 |
| EV/Sales | 3.21 |
| EV/EBITDA | 9.40 |
| EV/EBIT | 11.00 |
| PEG | 0.39 |
| Price/Sales | 2.85 |
| P/FCF | 3.40 |
| Price/Book | 1.91 |
| Book/Share | 67.60 |
| Cash/Share | N/A |
| FCF yield | 29.42% |
| Volume | 1.147M / N/A |
|---|---|
| Relative vol. | N/A |
| EPS | 8.80 |
|---|---|
| EPS Q/Q | 0.00% |
| Est. EPS Q/Q | 0.55% |
| Profit margin | 29.05% |
|---|---|
| Oper. margin | 29.98% |
| Gross margin | 100.00% |
| EBIT margin | 29.20% |
| EBITDA margin | 34.16% |
| Ret. on assets | 1.50% |
|---|---|
| Ret. on equity | 15.28% |
| ROIC | 2.65% |
| ROCE | 1.90% |
| Debt/Equity | 9.22 |
|---|---|
| Net debt/EBITDA | 11.07 |
| Current ratio | 1.33 |
| Quick ratio | 1.33 |
| Volatility | 2.18% |
|---|---|
| Beta | 1.00 |
| RSI | 54.55 |
|---|
| Insider ownership | 0.62% |
|---|---|
| Inst. ownership | 87.74% |
| Shares outst. | 250.778M |
|---|---|
| Shares float | 0.000 0.00% |
| Short % of float | 3.19% |
| Short ratio | 4.20 |
| Dividend | $2.80 |
|---|---|
| Dividend yield | 2.17% |
| Payout ratio | 31.82% |
| Payment date | N/A |
| Ex-dividend date | N/A |
| Earnings date | 17 Jul 2024 |
Thursday, 27 June 2024
|
|
| Discover Financial Services Announces Second Quarter 2024 Earnings Release on July 17, 2024, and Conference Call on July 18, 2024 | |
Wednesday, 26 June 2024
|
|
| Carlyle, KKR win auction for $10 billion student loan book from Discover Financial, FT reports | |
Tuesday, 18 June 2024
|
|
| Discover® Global Network and NETS Collaboration Expands Singapore Acceptance | |
Tuesday, 21 May 2024
|
|
| Discover Financial Services's Dividend Analysis | |
Saturday, 4 May 2024
|
|
| Morgan Stanley’s Top 15 Stock Picks for 2024 | |
Wednesday, 17 April 2024
|
|
| Discover Financial's profit falls on higher loan loss provisions | |
Tuesday, 9 April 2024
|
|
| Discover Financial Services Deploys Google Cloud's Generative AI to Transform Customer Service | |
Wednesday, 27 March 2024
|
|
| UPDATE 2-Discover Financial says CEO Michael Rhodes will step down | |
Thursday, 21 March 2024
|
|
| Exclusive-CapOne tells regulators Discover deal will boost competition and stability, sources say | |
Sunday, 17 March 2024
|
|
| 11 Best Diversified Bank Stocks to Invest In | |
Saturday, 24 February 2024
|
|
| Decoding Discover Financial Services : A Strategic SWOT Insight | |
Wednesday, 21 February 2024
|
|
| Congresswoman Maxine Waters 'deeply opposed' to Capital One-Discover deal | |
Tuesday, 20 February 2024
|
|
| Can Capital One Buy Discover? The Stock Prices Show Roughly Even Odds. | |
| Capital One's bid for Discover carries expectation that Americans won't slow credit card use | |
| Capital One Plots Largest Credit Card Acquisition Ever. Will Regulators Play Ball? | |
| M&A Races Past $400 Billion Mark After Capital One-Discover Deal | |
| Everything You Need to Know About Capital One’s $35 Billion Takeover of Discover Financial | |
| Capital One to Buy Discover in $35 Billion Deal. Why Visa and Mastercard Stocks Are Falling. | |
Monday, 19 February 2024
|
|
| Capital One to buy Discover for $35 billion in deal that combines major US credit card companies | |
| Capital One Buying Discover Financial For $35.3 Billion | |
| Capital One to Acquire Discover | |
| Capital One Plans to Buy Discover in All-Stock Deal | |
| Capital One considers acquisition of Discover Financial, Bloomberg says | |
| Capital One Mulls Putting Discover Financial In Its Wallet | |
Wednesday, 17 January 2024
|
|
| Discover Financial Services Reports Q4 Earnings Dip Amid Rising Charge-Offs | |
| Discover Financial's quarterly profit falls on higher bad loan provisions | |
Friday, 12 January 2024
|
|
| Can Interest Income Drive Discover Financial's Q4 Earnings? | |
Wednesday, 3 January 2024
|
|
| Compelling Reasons to Retain Discover Financial Stock Now | |
Wednesday, 20 December 2023
|
|
| Discover Financial Shares Are on Track to Pop. Citi Flagged 4 Reasons. | |
Tuesday, 19 December 2023
|
|
| 13 Most Promising Fintech Stocks To Buy | |
Monday, 18 December 2023
|
|
| 14 Best Bank Dividend Stocks To Buy Now | |
| Insider |
Trans.
Transaction
|
Total value |
|---|---|---|
| John Greene EVP and Chief Financial Officer | Sale 26 Jan 2024 | $3,748,193 |
| Robert Andrew Eichfeld EVP - Chief HR and Admin Officer | Sale 3 Mar 2023 | $1,538,804 |
| Carlos Minetti EVP and Pres. - Consumer Banking | Sale 2 Feb 2023 | $826,000 |
| Carlos Minetti EVP and Pres. - Consumer Banking | Sale 1 Feb 2023 | $809,550 |
| Michael H Moskow Director | Sale 7 Dec 2022 | $135,684 |
| Shifra Kolsky SVP, Controller, and CAO | Sale 15 Feb 2022 | $101,600 |
| John Greene EVP and Chief Financial Officer | Sale 15 Feb 2022 | $568,482 |
| Daniel Peter Capozzi EVP and Pres. - Consumer Banking | Sale 9 Feb 2022 | $1,077,579 |
| Cynthia A Glassman Director | Sale 26 Oct 2021 | $396,576 |
| Carlos Minetti EVP and Pres. - Consumer Banking | Sale 25 Oct 2021 | $2,720,960 |
| Shifra Kolsky SVP, Controller, and CAO | Sale 4 Aug 2021 | $101,688 |
Powered by
Robintrack.
Price target
Current $128.86
Average $76.95
Low $63
High $104
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | +17.39% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 2.17% | Growth period | 14 years |
| Last dividend date | Yield 3 years | 2.31% | Growth 3 years | +15.33% | |
| Last dividend | Yield 5 years | 2.10% | Growth 5 years | +12.47% |
| Insider | Age | Since | Compensation |
|---|---|---|---|
| Wanjiku Juanita Walcott | 2019 | $10,402,500 | |
| David Nelms (59) Executive Vice President since 2018 | 59 | 2018 | $10,168,800 |
| Roger Hochschild (55) President, Chief Executive Officer, and Director since 2018 | 55 | 2018 | $9,250,440 |
| Julie Loeger (55) Executive Vice President and President - U.S. Cards since 2018 | 55 | 2018 | $3,877,830 |
| Diane Offereins (61) Executive Vice President and President - Payment Services since 2010 | 61 | 2010 | $3,876,230 |
| Carlos Minetti (56) Executive Vice President and President - Consumer Banking since 2014 | 56 | 2014 | $3,724,030 |
| Roger Crosby Hochschild (56) CEO, Pres, and Director | 56 | $2,957,527 | |
| Carlos M. Minetti (58) Exec. VP and Pres of Consumer Banking | 58 | $1,684,448 | |
| Diane E. Offereins (63) Exec. VP and Pres of Payment Services | 63 | $1,614,718 | |
| John Thomas Greene (55) Exec. VP and CFO | 55 | $1,604,536 | |
| John Greene (54) Chief Financial Officer and Executive Vice President since 2019 | 54 | 2019 | $1,508,180 |
| Lawrence Weinbach (79) Independent Non-Executive Chairman of the Board since 2019 | 79 | 2019 | $504,990 |
| Michael Moskow (81) Independent Director since 2007 | 81 | 2007 | $284,990 |
| Cynthia Glassman (71) Independent Director since 2009 | 71 | 2009 | $284,990 |
| Candace Duncan (66) Independent Director since 2014 | 66 | 2014 | $279,990 |
| Gregory Case (57) Independent Director since 2007 | 57 | 2007 | $279,990 |
| Mary Bush (71) Independent Director since 2007 | 71 | 2007 | $279,990 |
| Thomas Maheras (56) Independent Director since 2008 | 56 | 2008 | $274,990 |
| Joseph Eazor (56) Independent Director since 2016 | 56 | 2016 | $274,990 |
| Mark Thierer (60) Independent Director since 2013 | 60 | 2013 | $264,990 |
| Jeffrey Aronin (51) Independent Director since 2007 | 51 | 2007 | $264,990 |
| Jennifer Wong | 2019 | $187,476 | |
| Kathryn Corley (59) Executive Vice President since 2019 | 59 | 2019 | |
| Daniel Capozzi (47) Executive Vice President, President - Credit Operations, and Decision Management since 2018 | 47 | 2018 | |
| Brian Hughes (51) Executive Vice President and Chief Risk Officer since 2016 | 51 | 2016 | |
| Glenn Schneider (57) Executive Vice President and Chief Information Officer since 2015 | 57 | 2015 | |
| R. Andrew Eichfeld (49) Chief Human Resource Officer, Executive Vice President, and Chief Administrative Officer since 2018 | 49 | 2018 | |
| Leslie Sutton | |||
| Wanjiku Juanita Walcott (50) Exec. VP, Chief Legal Officer, and Gen. Counsel | 50 | ||
| Eric Edmund Wasserstrom | |||
| R. Andrew Eichfeld (51) Exec. VP, Chief HR, and Admin. Officer | 51 | ||
| Amir S. Arooni (56) Exec. VP and Chief Information Officer | 56 | ||
| Shifra Kolsky |
you can make an impact. whether it’s developing corporate strategy, innovating new services or supporting it needs, every employee has the opportunity to be a vital part of our business and make a real difference in people’s lives. it’s the heart of what we do. discover is one of the most recognized brands in u.s. financial services. we’re a direct banking and payment services company built on a legacy of innovation and customer service. our employees have always played a big part in our success. we support, challenge and inspire employees to continually develop their skills, advance their career and help grow our business.
- Finance > Consumer Finance
- Discover Financial Services, 2500 Lake Cook Road, Riverwoods 60015, United States
- 224 405 0900
- Investor relations
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | +17.39% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 2.17% | Growth period | 14 years |
| Last dividend date | Yield 3 years | 2.31% | Growth 3 years | +15.33% | |
| Last dividend | Yield 5 years | 2.10% | Growth 5 years | +12.47% |
Quarterly EPS estimates
Profit margin
Debt to assets
Cash flow
Balance sheet
XSLX
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Current assets | |||||
| Cash | $14,443 | $11,728 | |||
| Short term investments | |||||
| Net receivables | |||||
| Inventory | |||||
| Total current assets | |||||
| Long term investments | |||||
| Property, plant & equipment | $1,107 | $1,091 | |||
| Goodwill & intangible assets | $255 | $255 | |||
| Total noncurrent assets | |||||
| Total investments | $130,819 | $132,781 | |||
| Total assets | $152,689 | $151,522 | |||
| Current liabilities | |||||
| Accounts payable | |||||
| Deferred revenue | |||||
| Short long term debt | |||||
| Total current liabilities | |||||
| Long term debt | |||||
| Total noncurrent liabilities | |||||
| Total debt | $20,475 | $21,331 | |||
| Total liabilities | $137,969 | $136,694 | |||
| Stockholders' equity | |||||
| Retained earnings | $30,511 | $30,448 | |||
| Other stockholder equity | -$393 | -$225 | |||
| Total stockholder equity | $14,720 | $14,828 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Current assets | ||||
| Cash | $11,728 | $8,897 | ||
| Short term investments | ||||
| Net receivables | ||||
| Inventory | ||||
| Total current assets | ||||
| Long term investments | ||||
| Property, plant & equipment | $1,091 | $1,003 | ||
| Goodwill & intangible assets | $255 | $255 | ||
| Total noncurrent assets | ||||
| Total investments | $132,781 | $116,954 | ||
| Total assets | $151,522 | $131,628 | ||
| Current liabilities | ||||
| Accounts payable | ||||
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | ||||
| Long term debt | ||||
| Total noncurrent liabilities | ||||
| Total debt | $21,331 | $20,108 | ||
| Total liabilities | $136,694 | $117,038 | ||
| Stockholders' equity | ||||
| Retained earnings | $30,448 | $28,453 | ||
| Other stockholder equity | -$225 | -$339 | ||
| Total stockholder equity | $14,828 | $14,590 | ||
Income statement
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Revenue | |||||
| Total revenue | $2,713 | $2,287 | |||
| Cost of revenue | |||||
| Gross profit | $2,713 | $2,287 | |||
| Operating activities | |||||
| Research & development | |||||
| Selling, general & administrative | $2,309 | $1,775 | |||
| Total operating expenses | $2,309 | $1,775 | |||
| Operating income | $404 | $512 | |||
| Income from continuing operations | |||||
| EBIT | $370 | $510 | |||
| Income tax expense | $96 | $124 | |||
| Interest expense | |||||
| Net income | |||||
| Net income | $274 | $386 | |||
| Income (for common shares) | $274 | $386 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $9,842 | $10,978 | ||
| Cost of revenue | ||||
| Gross profit | $9,842 | $10,978 | ||
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $6,016 | $5,236 | ||
| Total operating expenses | $6,016 | $5,236 | ||
| Operating income | $3,826 | $5,742 | ||
| Income from continuing operations | ||||
| EBIT | $3,745 | $5,654 | ||
| Income tax expense | $886 | $1,350 | ||
| Interest expense | ||||
| Net income | ||||
| Net income | $2,859 | $4,304 | ||
| Income (for common shares) | $2,859 | $4,304 | ||
Cash flows
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Net income | $274 | $386 | |||
| Operating activities | |||||
| Depreciation | $96 | $104 | |||
| Business acquisitions & disposals | |||||
| Stock-based compensation | |||||
| Total cash flows from operations | $1,843 | $2,876 | |||
| Investing activities | |||||
| Capital expenditures | -$71 | -$68 | |||
| Investments | $429 | -$6,754 | |||
| Total cash flows from investing | $358 | -$6,822 | |||
| Financing activities | |||||
| Dividends paid | -$194 | -$192 | |||
| Sale and purchase of stock | -$25 | $2 | |||
| Net borrowings | -$755 | $1,729 | |||
| Total cash flows from financing | $514 | $6,441 | |||
| Effect of exchange rate | |||||
| Change in cash and equivalents | $2,715 | $2,495 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Net income | $2,859 | $4,304 | ||
| Operating activities | ||||
| Depreciation | $458 | $561 | ||
| Business acquisitions & disposals | ||||
| Stock-based compensation | ||||
| Total cash flows from operations | $8,563 | $7,140 | ||
| Investing activities | ||||
| Capital expenditures | -$303 | -$227 | ||
| Investments | -$21,188 | -$25,410 | ||
| Total cash flows from investing | -$21,491 | -$25,637 | ||
| Financing activities | ||||
| Dividends paid | -$752 | -$703 | ||
| Sale and purchase of stock | -$1,926 | -$2,349 | ||
| Net borrowings | $1,187 | -$94 | ||
| Total cash flows from financing | $15,759 | $16,062 | ||
| Effect of exchange rate | ||||
| Change in cash and equivalents | $2,831 | -$2,435 | ||
Recent institutional transactions
| Quarter | Shareholder | Change |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|---|
| 2024 Q2 | Dnb Asset Management As |
+8.62%
|
46,829 | $6,125,701 |
| 2024 Q2 | Massmutual Trust Co Fsb/adv |
+35.13%
|
1,154 | $150,955 |
| 2024 Q2 | Versant Capital Management, Inc |
+26.71%
|
593 | $77,570 |
| 2024 Q1 | Turtle Creek Asset Management Inc |
-37.55%
|
905,762 | $118,736,341 |
| 2024 Q1 | Amundi |
+70.13%
|
922,548 | $114,645,040 |
| 2024 Q1 | Neuberger Berman Group |
+2,003.21%
|
325,955 | $42,729,427 |
| 2024 Q1 | Lsv Asset Management |
-12.02%
|
1,690,949 | $221,667 |
| 2024 Q1 | Cooke & Bieler L.P. |
-8.95%
|
1,219,355 | $159,845,247 |
| 2024 Q1 | Copeland Capital Management |
-92.15%
|
9,146 | $1,198,916 |
| 2024 Q1 | 14b Captial Management L.P. |
Opened
|
107,000 | $14,026,630 |
Institutional shareholders
| Shareholder | Stake |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|
| Geode Capital Management | 2.25% | 5,631,713 | |
| Bank Of New York Mellon Corp | 0.81% | 2,024,456 | |
| Jpmorgan Chase & Co | 0.76% | 1,909,827 | |
| Parametric Portfolio Associates | 0.67% | 1,691,168 | |
| Lsv Asset Management | 0.67% | 1,690,949 | |
| Sterling Capital Management | 0.65% | 1,622,569 | |
| Tiaa Cref Investment Management | 0.64% | 1,617,517 | |
| Janus Capital Management | 0.64% | 1,609,893 | |
| Marshfield Associates | 0.54% | 1,358,882 | |
| Cooke & Bieler L.P. | 0.49% | 1,219,355 |
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