Headlines about Discover Financial Services (NYSE:DFS) have been trending somewhat positive on Friday, Accern reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Discover Financial Services earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 46.5794551854533 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news headlines that may have effected Accern’s analysis:
- Discover Financial (DFS) Down 3.2% Since Earnings Report: Can It Rebound? (finance.yahoo.com)
- Discover Financial Services (DFS) Files 10-K for the Fiscal Year Ended on December 31, 2017 (finance.yahoo.com)
- Discover Financial Services (DFS) Given Average Rating of “Buy” by Brokerages (americanbankingnews.com)
- First Week of DFS October 19th Options Trading (nasdaq.com)
- ‘Suboptimal’ Risk-Return Triggers Capital One Downgrade (finance.yahoo.com)
A number of analysts recently issued reports on the company. Morgan Stanley increased their target price on Discover Financial Services from $91.00 to $93.00 and gave the stock an “overweight” rating in a research note on Friday, February 2nd. Argus raised shares of Discover Financial Services from an “average” rating to a “buy” rating and set a $90.00 price target for the company in a research note on Friday, January 26th. Instinet decreased their price target on shares of Discover Financial Services from $96.00 to $94.00 and set a “buy” rating for the company in a research note on Thursday, January 25th. Oppenheimer raised their price target on shares of Discover Financial Services from $84.00 to $88.00 and gave the stock an “outperform” rating in a research note on Thursday, January 25th. Finally, Barclays decreased their price target on shares of Discover Financial Services from $95.00 to $94.00 and set an “overweight” rating for the company in a research note on Thursday, January 25th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $85.61.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 8th. Shareholders of record on Thursday, February 22nd will be issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.76%. The ex-dividend date of this dividend is Wednesday, February 21st. Discover Financial Services’s dividend payout ratio is 23.53%.
In related news, COO Roger C. Hochschild sold 15,258 shares of the firm’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $70.54, for a total value of $1,076,299.32. Following the transaction, the chief operating officer now owns 751,682 shares in the company, valued at $53,023,648.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Daniel Peter Capozzi sold 5,000 shares of Discover Financial Services stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $79.97, for a total value of $399,850.00. Following the completion of the transaction, the senior vice president now owns 23,977 shares in the company, valued at approximately $1,917,440.69. The disclosure for this sale can be found here. In the last ninety days, insiders have acquired 55,000 shares of company stock valued at $16,300 and have sold 242,673 shares valued at $18,685,542. Company insiders own 0.96% of the company’s stock.
Discover Financial Services Company Profile
Discover Financial Services (DFS) is a direct banking and payment services company. The Company is a bank holding company, as well as a financial holding company. The Company operates through two segments: Direct Banking and Payment Services. It provides direct banking products and services, and payment services through its subsidiaries.
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