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As of close of business last night, Discover Financial Services’s stock clocked out at $136.37, down -0.69% from its previous closing price of $137.32. In other words, the price has decreased by -$0.69 from its previous closing price. On the day, 0.58 million shares were traded. DFS stock price reached its highest trading level at $136.73 during the session, while it also had its lowest trading level at $134.09.
Ratios:
To gain a deeper understanding of DFS’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 1.19 whereas as Long-Term Debt/Eq ratio is at 1.10.
On February 08, 2024, Morgan Stanley Upgraded its rating to Overweight which previously was Equal-Weight and also upped its target price recommendation from $105 to $133.
HSBC Securities Downgraded its Buy to Hold on January 19, 2024, whereas the target price for the stock was revised from $121 to $107.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jan 26 ’24 when Greene John sold 35,191 shares for $106.51 per share. The transaction valued at 3,748,193 led to the insider holds 18,592 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DFS now has a Market Capitalization of 34477199360 and an Enterprise Value of 43574624256. As of this moment, Discover’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.09, and their Forward P/E ratio for the next fiscal year is 10.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.52 while its Price-to-Book (P/B) ratio in mrq is 2.28. Its current Enterprise Value per Revenue stands at 3.911.
Stock Price History:
Over the past 52 weeks, DFS has reached a high of $147.61, while it has fallen to a 52-week low of $79.04. The 50-Day Moving Average of the stock is 1.47%, while the 200-Day Moving Average is calculated to be 9.85%.
Shares Statistics:
It appears that DFS traded 1.23M shares on average per day over the past three months and 1185580 shares per day over the past ten days. A total of 250.10M shares are outstanding, with a floating share count of 249.72M. Insiders hold about 0.54% of the company’s shares, while institutions hold 85.64% stake in the company. Shares short for DFS as of 1726185600 were 2322674 with a Short Ratio of 1.89, compared to 1723680000 on 2347699. Therefore, it implies a Short% of Shares Outstanding of 2322674 and a Short% of Float of 1.06.
Dividends & Splits
With its trailing 12-month dividend rate of 2.8, DFS has a forward annual dividend rate of 2.80. Against a Trailing Annual Dividend Yield of 0.020390328The stock’s 5-year Average Dividend Yield is 2.29.
