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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/7/2024 | Neutral | BTIG Research | |
| 2/8/2024 | $105.00 → $133.00 | Equal-Weight → Overweight | Morgan Stanley |
| 1/19/2024 | $121.00 → $107.00 | Buy → Hold | HSBC Securities |
| 1/10/2024 | $140.00 | Hold | Deutsche Bank |
| 1/3/2024 | $104.00 → $129.00 | Neutral → Overweight | Piper Sandler |
| 12/20/2023 | $93.00 → $133.00 | Neutral → Buy | Citigroup |
| 12/6/2023 | $94.00 → $116.00 | Neutral → Buy | BofA Securities |
| 11/15/2023 | $99.00 | Equal Weight | Barclays |
Today, Telered hosted representatives from Discover Global Network to mark the beginning of their work together. Telered, through the Sistema Clave system, is integrating with the Discover Global Network. With this agreement, Sistema Clave users will be able to make purchases and payments at more than 70 million global acceptance locations1, as well as on frequently used online merchants and streaming platforms; and withdraw cash at more than 1.8 million ATMs worldwide across Discover's network. Additionally, Discover Global Network cardholders will be able to transact at Telered merchants in Panama. For local users, the traditional advantages of the Sistema Clave card, such as low cost
Kelly Welsh, an outstanding lawyer with a proven track record of accomplishment in both the financial and government sectors, joined Discover today as the incoming interim chief legal officer, general counsel and head of corporate and public affairs. He will be a member of Discover's Executive Management Committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241105762319/en/Kelly Welsh joined Discover as incoming Interim Chief Legal Officer, General Counsel & Head of Corporate and Public Affairs. (Photo: Business Wire) "Kelly brings an outstanding record of service, expertise and achievement and will be a key member of Discove
Fintechs Address Rising Consumer Payment Adoption and Merchant Adaption Discover® Global Network, a leading global payment network, released the third portion of its 2024 Payments State of the Union, the most comprehensive study of its kind, with key insights into the payments ecosystem. Conducted in partnership with 451 Research of S&P Global Market Intelligence, Discover Global Network surveyed thousands of decision-makers across fintechs, merchants, and consumers to better understand if ecosystem priorities are aligned. Over the past few years, the fintech industry has had a transformative effect on the way consumers and businesses leverage finances for their needs. Yet, some fintechs
Board of Directors Declares Quarterly Dividend for Common Stock Discover Financial Services (NYSE:DFS): Third Quarter 2024 Results 2024(1) 2023 YOY Change Total loans, end of period (in billions) $127.0 $122.7 4% Total revenue net of interest expense (in millions) $4,453 $4,044 10% Total net charge-off rate 4.86% 3.52% 134 bps Net income (in millions) $965 $683 41% Diluted EPS $3.69 $2.59 42% Note(s) 1. Private student loans were classified as held-for-sale effective June 30, 2024. The charge-offs related to private student loans are through June 30, 2024, the date the loans were transferr
Discover Financial Services (NYSE:DFS) plans to report its Third quarter 2024 results after the market closes on Wednesday, October 16, 2024. The earnings release will be available through Discover's Investor Relations website at https://investorrelations.discover.com. A conference call to discuss the firm's results, outlook and related matters will be held on Thursday, October 17, 2024, at 7:00 a.m. Central Time and will be limited to prepared remarks. The live audio webcast will be accessible to the general public through Discover's Investor Relations website at https://investorrelations.discover.com. An audio replay will be available on the website following the call. About Discover D
Discover Financial Services (NYSE:DFS) plans to report its Second quarter 2024 results after the market closes on Wednesday, July 17, 2024. The earnings release will be available through Discover's Investor Relations website at https://investorrelations.discover.com. A conference call to discuss the firm's results, outlook and related matters will be held on Thursday, July 18, 2024, at 7:00 a.m. Central Time and will be limited to prepared remarks. The live audio webcast will be accessible to the general public through Discover's Investor Relations website at https://investorrelations.discover.com. An audio replay will be available on the website following the call. About Discover Dis
Barclays analyst Mark Devries maintains Discover Finl (NYSE:DFS) with a Equal-Weight and raises the price target from $135 to $137.
Discover Financial Services (NYSE:DFS) reported better-than-expected second-quarter earnings results, after the closing bell on Wednesday. Discover reported GAAP earnings of $6.06 per share, beating the estimate of $3.07 per share, and quarterly Net Interest Income (NII) of $3.524 billion, according to data from Benzinga Pro. Net interest income for the quarter increased by $347 million, or 11% year-over-year, driven by higher average receivables and net interest margin expansion. Net interest margin was 11.17%, up 11 basis points versus the prior year. "Discover's fundamental operating performance remains very good, as shown by our loan growth, margin expansion and higher non-inter
JP Morgan analyst Richard Shane maintains Discover Finl (NYSE:DFS) with a Neutral and raises the price target from $132 to $135.
8-K - Discover Financial Services (0001393612) (Filer)
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NT 10-Q - Discover Financial Services (0001393612) (Filer)
Rhodes Brings More than 25 Years of Consumer Banking, Financial, and Technology Leadership to the Role Discover Financial Services (NYSE:DFS) today announced that the Company's Board of Directors (the "Board") has appointed Michael G. Rhodes Chief Executive Officer and President, effective on or before March 6, 2024, at which time he will be appointed to the Company's Board of Directors. He will also serve as President of Discover Bank and will be appointed to the Discover Bank Board of Directors, effective the same date. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231211406230/en/Michael G. Rhodes (Photo: Business Wire) Jo
Roger Hochschild Steps Down as Chief Executive Officer and President John Owen Appointed Interim CEO and President Discover Financial Services (NYSE:DFS) today announced that the Discover Board of Directors and Roger Hochschild have agreed that Hochschild will step down as Chief Executive Officer and President and as a member of the Board. Hochschild will serve in an advisory role at the Company through the end of the year to ensure a smooth transition. John Owen, a member of the Board, has been appointed Interim CEO and President. These changes are effective immediately. The Board has engaged a leading global executive search firm to commence a process to identify a permanent CEO and
SAN JOSE, Calif., Dec. 1, 2020 /PRNewswire/ -- Today, eBay announced the appointment of Julie Loeger as Global Chief Growth Officer (CGO). In a newly created role, as CGO, Julie will lead two critical, global teams that are focused on customer acquisition, retention and service -- Global Marketing and Global Customer Experience. Together, these teams will form eBay's Global Growth organization. Julie will report directly to Jamie Iannone, eBay's Chief Executive Officer and will join the company during the first week of January, 2021. With more than 30 years of experience, Julie possesses an impressive blend of global marketing, strategy, brand management, and product development experienc
BTIG Research initiated coverage of Discover Financial Services with a rating of Neutral
Morgan Stanley upgraded Discover Financial Services from Equal-Weight to Overweight and set a new price target of $133.00 from $105.00 previously
HSBC Securities downgraded Discover Financial Services from Buy to Hold and set a new price target of $107.00 from $121.00 previously
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SC 13G/A - Discover Financial Services (0001393612) (Subject)
SC 13G/A - Discover Financial Services (0001393612) (Subject)
4 - Discover Financial Services (0001393612) (Issuer)
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