- Discover Financial Services DFS's current trading price of $52.70 represents a 22 percent discount to Yahoo! Finance’s average analyst price target.
- Discover Financial has a 10.12 price-to-earnings ratio, compared to P/Es of 27.31 and 28.35 for Visa Inc V and Mastercard Inc MA, respectively.
- Discover Financial's dividend yield is 2.02 percent, higher than American Express Company AXP's 1.82 percent and nearly twice Visa’s 0.71 percent yield.
- The company has had earnings surprises in 12 out of the past 15 quarters.
Discover Financial could be a good fit for investors looking for a play in financials following the recent interest rate announcement.
Even in the prevailing low-rate environment, three analysts raised their price targets an average of 4.7 percent following their Q1 earnings release.
Discover has already rebounded 2 percent from lows hit Thursday after the Federal Reserve Bank’s announcement that rates would stay put. Shares traded Friday at $52.64 two hours before the close.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.