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As of close of business last night, Discover Financial Services’s stock clocked out at $139.60, down -0.16% from its previous closing price of $139.82. In other words, the price has decreased by -$0.16 from its previous closing price. On the day, 1.38 million shares were traded. DFS stock price reached its highest trading level at $141.77 during the session, while it also had its lowest trading level at $138.5715.
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 1.19.
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 35038765056 and an Enterprise Value of 29775599616. As of this moment, Discover’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.37, and their Forward P/E ratio for the next fiscal year is 10.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.55 while its Price-to-Book (P/B) ratio in mrq is 2.18. Its current Enterprise Value per Revenue stands at 2.693.
Stock Price History:
The Beta on a monthly basis for DFS is 1.43, which has changed by 0.3109212 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. 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 9.51%, while the 200-Day Moving Average is calculated to be 24.01%.
Shares Statistics:
It appears that DFS traded 1.35M shares on average per day over the past three months and 1560820 shares per day over the past ten days. A total of 250.10M shares are outstanding, with a floating share count of 249.30M. Insiders hold about 0.52% of the company’s shares, while institutions hold 85.17% stake in the company. Shares short for DFS as of 1719532800 were 2653664 with a Short Ratio of 1.96, compared to 1717113600 on 2185275. Therefore, it implies a Short% of Shares Outstanding of 2653664 and a Short% of Float of 1.2200001.
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 0.020025747The stock’s 5-year Average Dividend Yield is 2.29.
