[Business Wire] The Board of Directors of Discover Financial Services proclaimed a quarterly cash dividend on its Fixed Rate Non-Cumulative Continuous Preferred Stock, Series B, in the amount of $16.25 per share.
Check out more on this.
Discover Financial Solutions (DFS), currently valued at $26.24 B, started the session at $59.24.
Throughout todays session, DFS traded between $59.09 to $59.56 and has traded between $54.02 and $66.75 over the previous YEAR.
DFS shares are presently priced at 11.14 x this years forecasted revenues, makings them fairly economical compared with the industrys 18.76 x profits multiple for the same period.
And for dividend hunters, the company pays investors $1.12 per share each year in dividends, yielding 2.00 %.
In a review of the agreement earnings quote this quarter, 27 sell-side analysts are taking a look at $1.32 per share, which would be $0.03 even worse than the year-ago quarter and a $0.02 consecutive decline. The full-year EPS price quote is $5.28 which would be a $0.06 enhancement than last years full-year incomes.
The quarterly revenues quote is based upon an agreement income forecast of the existing quarter of $2.22 Billion. If recognized, that would be a 2.30 % increase over the year-ago quarter.
In regards to ratings, Deutsche Bank downgraded DFS from Buy to Hold (Nov 13, 2014). Previously, UBS Started DFS at to Neutral.
Provided all the info above, we need to divulge to readers that the average rate target is $70.08, which is 18.30 % above than it opened this morningtoday.
Summary (NYSE: DFS): Discover Financial Solutions operates as a direct banking and payment services company in the United States. It operates in 2 segments, Direct Banking and Payment Solutions. The Direct Banking segment provides Discover-branded charge card to people; and other consumer itemsservices and products, including private student loans, personal loans, homemortgage, home equity loans, prepaid cards, and other consumer lending, in addition to deposit products, such as certificates of deposit, money market accounts, cost savings accounts, inspecting accounts, and individual retirement plan certifications of deposit. The Payment Solutions segment operates the Discover Network, which processes transactions for Discover-branded charge card, and supplies payment deal processing and settlement services; and PULSE network, an electronic funds transfer network that provides monetary organizations providing debit cards on the PULSE network with access to automated teller devices and point-of-sale terminals. This sector likewise operates the Diners Club International, a payments network that issues Diners Club branded bank card and offers card acceptance services. The business was integrated in 1960 and is based in Riverwoods, Illinois.
Sharing the News
Follow us for the Latestthe most recent news