Discover Financial Services (DFS) EPS Estimated At $1.53

January 22, 2018 - By Peter Erickson

 Discover Financial Services (DFS) EPS Estimated At $1.53
Investors sentiment decreased to 0.77 in 2017 Q3. Its down 0.14, from 0.91 in 2017Q2. It worsened, as 71 investors sold Discover Financial Services shares while 261 reduced holdings. 58 funds opened positions while 197 raised stakes. 301.28 million shares or 2.91% less from 310.30 million shares in 2017Q2 were reported.
Envestnet Asset Management Inc invested 0.02% in Discover Financial Services (NYSE:DFS). Tru Of Vermont holds 0.01% of its portfolio in Discover Financial Services (NYSE:DFS) for 1,247 shares. Oakbrook Invs Ltd Liability Co holds 0.11% of its portfolio in Discover Financial Services (NYSE:DFS) for 25,976 shares. First Corporation In invested 0.02% in Discover Financial Services (NYSE:DFS). Kentucky Retirement reported 23,344 shares. Nomura Asset Mngmt Co Limited stated it has 0.05% of its portfolio in Discover Financial Services (NYSE:DFS). Baystate Wealth Mngmt Ltd Liability has 0% invested in Discover Financial Services (NYSE:DFS). Bridgewater Assocs Limited Partnership holds 0.01% or 21,536 shares in its portfolio. Mufg Americas Hldgs, a New York-based fund reported 16,394 shares. Nationwide Fund has invested 0.16% in Discover Financial Services (NYSE:DFS). Dekabank Deutsche Girozentrale invested in 0.41% or 843,415 shares. Shine Inv Advisory Svcs reported 0.02% stake. Camelot Portfolios Llc holds 0.21% or 6,644 shares. Community Retail Bank Of Raymore reported 0.1% of its portfolio in Discover Financial Services (NYSE:DFS). Fukoku Mutual Life Ins owns 3,100 shares or 0.03% of their US portfolio.

Analysts expect Discover Financial Services (NYSE:DFS) to report $1.53 EPS on January, 23.They anticipate $0.13 EPS change or 9.29 % from last quarter’s $1.4 EPS. DFS’s profit would be $555.97M giving it 12.80 P/E if the $1.53 EPS is correct. After having $1.59 EPS previously, Discover Financial Services’s analysts see -3.77 % EPS growth. The stock increased 0.13% or $0.1 during the last trading session, reaching $78.32. About 4.34 million shares traded or 90.24% up from the average. Discover Financial Services (NYSE:DFS) has risen 10.42% since January 22, 2017 and is uptrending. It has underperformed by 6.28% the S&P500.

Discover Financial Services (NYSE:DFS) Ratings Coverage

Among 32 analysts covering Discover Financial Services (NYSE:DFS), 22 have Buy rating, 1 Sell and 9 Hold. Therefore 69% are positive. Discover Financial Services has $107.0 highest and $43 lowest target. $72.79’s average target is -7.06% below currents $78.32 stock price. Discover Financial Services had 78 analyst reports since July 24, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Wednesday, July 20 by Credit Suisse. Oppenheimer maintained the shares of DFS in report on Wednesday, July 26 with “Buy” rating. Stifel Nicolaus maintained it with “Buy” rating and $68 target in Wednesday, October 21 report. The rating was downgraded by JP Morgan on Thursday, January 14 to “Neutral”. The firm has “Neutral” rating by Bank of America given on Thursday, February 11. Nomura maintained the stock with “Buy” rating in Wednesday, October 25 report. The firm has “Buy” rating by Jefferies given on Monday, May 15. The company was downgraded on Friday, January 6 by Susquehanna. The stock of Discover Financial Services (NYSE:DFS) earned “Buy” rating by Jefferies on Thursday, July 27. As per Monday, January 8, the company rating was maintained by RBC Capital Markets.

Discover Financial Services, through its subsidiaries, operates as a direct banking and payment services firm in the United States. The company has market cap of $28.46 billion. It operates in two divisions, Direct Banking and Payment Services. It has a 13.47 P/E ratio. The Direct Banking segment offers Discover-branded credit cards to individuals; and other consumer services and products, including private student loans, personal loans, home equity loans, and other consumer lending, as well as deposit products, such as certificates of deposit, money market accounts, savings accounts, checking accounts, and individual retirement arrangement certificates of deposit.

More notable recent Discover Financial Services (NYSE:DFS) news were published by: Seekingalpha.com which released: “Discover Financial: Shaking Off Credit Concerns” on December 31, 2017, also Nasdaq.com with their article: “Discover Financial (DFS) Grows on Loans, High Debt Hurts” published on December 26, 2017, Fool.com published: “Is Discover Financial Services’ Dividend Safe?” on January 04, 2018. More interesting news about Discover Financial Services (NYSE:DFS) were released by: Businesswire.com and their article: “Discover Financial Services Declares Semi-Annual Dividend for Preferred and …” published on January 18, 2018 as well as Chicagobusiness.com‘s news article titled: “Discover topping credit-card rivals in growth—and bad loans” with publication date: January 19, 2018.

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