Discover Financial Services (DFS) Analysts See $1.50 EPS

June 19, 2017 - By Winifred Garcia

 Discover Financial Services (DFS) Analysts See $1.50 EPS
Investors sentiment decreased to 0.95 in Q4 2016. Its down 0.04, from 0.99 in 2016Q3. It worsened, as 51 investors sold Discover Financial Services shares while 284 reduced holdings. 110 funds opened positions while 209 raised stakes. 321.61 million shares or 0.07% more from 321.39 million shares in 2016Q3 were reported.
674,423 were reported by Hoplite Mngmt Lp. 8,570 are held by Savings Bank Of The West. Rothschild Il has 0.81% invested in Discover Financial Services (NYSE:DFS). Robeco Institutional Asset Mngmt Bv accumulated 0.08% or 148,869 shares. Newman Dignan Sheerar holds 0.14% in Discover Financial Services (NYSE:DFS) or 3,177 shares. Bnp Paribas Arbitrage Sa owns 58,402 shares for 0.02% of their portfolio. Profund Advisors Limited Liability Com holds 0.04% of its portfolio in Discover Financial Services (NYSE:DFS) for 12,107 shares. Callahan Advsrs Limited holds 69,000 shares. Marshall Wace Llp accumulated 0.45% or 948,972 shares. Trilogy Lp holds 1.31% of its portfolio in Discover Financial Services (NYSE:DFS) for 542,624 shares. Edge Asset Mgmt Inc invested in 1.39% or 2.49M shares. Nikko Asset Management Americas Inc invested in 1,300 shares. Copeland Mgmt Lc has 287,899 shares for 1.35% of their portfolio. Tdam Usa Incorporated, Ontario – Canada-based fund reported 83,655 shares. Old Mutual Customised Solutions (Proprietary) Ltd holds 13,600 shares or 0.18% of its portfolio.

Wall Street await Discover Financial Services (NYSE:DFS) to release earnings on July, 18. Analysts forecast EPS of $1.50, up exactly $0.03 or 2.04 % from 2014’s $1.47 EPS. The expected DFS’s profit could reach $573.77M giving the stock 10.20 P/E in the case that $1.50 earnings per share is reported. After posting $1.43 EPS for the previous quarter, Discover Financial Services’s analysts now forecast 4.90 % EPS growth. About 29,201 shares traded. Discover Financial Services (NYSE:DFS) has risen 10.42% since June 19, 2016 and is uptrending. It has underperformed by 6.28% the S&P500.

Discover Financial Services (NYSE:DFS) Ratings Coverage

Among 24 analysts covering Discover Financial Services (NYSE:DFS), 16 have Buy rating, 0 Sell and 8 Hold. Therefore 67% are positive. Discover Financial Services had 47 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was initiated by Evercore on Tuesday, December 22 with “Hold”. The company was maintained on Thursday, July 23 by Stifel Nicolaus. The firm has “Neutral” rating given on Friday, January 6 by Susquehanna. The firm has “Top Pick” rating by RBC Capital Markets given on Wednesday, July 20. As per Thursday, September 10, the company rating was initiated by Sterne Agee CRT. DA Davidson initiated it with “Buy” rating and $63 target in Wednesday, January 13 report. On Thursday, January 28 the stock rating was maintained by RBC Capital Markets with “Top Pick”. BMO Capital Markets maintained the shares of DFS in report on Wednesday, April 12 with “Hold” rating. Oppenheimer maintained it with “Outperform” rating and $73 target in Tuesday, October 6 report. The firm has “Outperform” rating by Oppenheimer given on Wednesday, October 21.

Discover Financial Services is a direct banking and payment services company. The company has market cap of $23.41 billion. The Firm is a bank holding company, as well as a financial holding company. It has a 10.47 P/E ratio. The Firm operates through two divisions: Direct Banking and Payment Services.

More notable recent Discover Financial Services (NYSE:DFS) news were published by: Seekingalpha.com which released: “Discover Financial Services: An Undervalued Well-Run Cash Cow” on June 06, 2017, also Realmoney.Thestreet.com with their article: “Hard to Find a Reason to Go Long on Discover Financial” published on May 24, 2017, Seekingalpha.com published: “Discover Financial: Perpetually Cheap” on May 22, 2017. More interesting news about Discover Financial Services (NYSE:DFS) were released by: Businesswire.com and their article: “Discover Financial Services to Present at William Blair 2017 Growth Stock …” published on June 01, 2017 as well as Chicagotribune.com‘s news article titled: “Discover Financial Services employees in Riverwoods volunteer to spruce up …” with publication date: June 08, 2017.

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