Zacks Research Has Negative Outlook of DFS Q2 Earnings

Discover Financial Services (NYSE:DFS) – Equities researchers at Zacks Research reduced their Q2 2025 earnings estimates for shares of Discover Financial Services in a research report issued on Thursday, January 16th. Zacks Research analyst D. Chatterjee now expects that the financial services provider will post earnings per share of $2.99 for the quarter, down from their previous estimate of $3.22. The consensus estimate for Discover Financial Services’ current full-year earnings is $14.17 per share. Zacks Research also issued estimates for Discover Financial Services’ Q3 2025 earnings at $3.12 EPS, Q4 2025 earnings at $2.63 EPS, Q2 2026 earnings at $3.20 EPS, Q3 2026 earnings at $4.21 EPS, Q4 2026 earnings at $4.31 EPS and FY2026 earnings at $14.28 EPS.

A number of other research analysts have also recently issued reports on DFS. StockNews.com raised shares of Discover Financial Services from a “hold” rating to a “buy” rating in a research report on Thursday, January 16th. Royal Bank of Canada lifted their price target on shares of Discover Financial Services from $148.00 to $161.00 and gave the company a “sector perform” rating in a research report on Friday, October 18th. Evercore ISI lifted their price target on shares of Discover Financial Services from $156.00 to $163.00 and gave the company an “in-line” rating in a research report on Wednesday, October 30th. UBS Group raised shares of Discover Financial Services from a “neutral” rating to a “buy” rating and lifted their price target for the company from $150.00 to $239.00 in a research report on Monday, January 13th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Discover Financial Services from $150.00 to $146.00 and set a “neutral” rating for the company in a research report on Tuesday, January 14th. Nine analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $171.71.

Discover Financial Services Trading Up 1.2 %

NYSE:DFS opened at $187.17 on Monday. The company has a 50-day moving average price of $176.94 and a 200-day moving average price of $152.55. Discover Financial Services has a 12 month low of $96.46 and a 12 month high of $189.27. The company has a current ratio of 1.10, a quick ratio of 1.03 and a debt-to-equity ratio of 1.09. The stock has a market cap of $47.04 billion, a price-to-earnings ratio of 15.11, a P/E/G ratio of 0.99 and a beta of 1.46.

Institutional Trading of Discover Financial Services

A number of large investors have recently made changes to their positions in DFS. National Pension Service grew its position in Discover Financial Services by 14.8% during the third quarter. National Pension Service now owns 439,756 shares of the financial services provider’s stock valued at $61,693,000 after buying an additional 56,814 shares during the period. Nomura Asset Management Co. Ltd. grew its position in Discover Financial Services by 10.5% during the third quarter. Nomura Asset Management Co. Ltd. now owns 115,487 shares of the financial services provider’s stock valued at $16,202,000 after buying an additional 10,946 shares during the period. William B. Walkup & Associates Inc. bought a new stake in Discover Financial Services during the second quarter valued at approximately $4,835,000. Janney Montgomery Scott LLC bought a new stake in Discover Financial Services during the third quarter valued at approximately $2,415,000. Finally, Meyer Handelman Co. bought a new stake in Discover Financial Services during the fourth quarter valued at approximately $239,000. 86.94% of the stock is currently owned by institutional investors.

About Discover Financial Services

Discover Financial Services, through its subsidiaries, provides digital banking products and services, and payment services in the United States. It operates in two segments, Digital Banking and Payment Services. The Digital Banking segment offers Discover-branded credit cards to individuals; personal loans, home loans, and other consumer lending; and direct-to-consumer deposit products comprising savings accounts, certificates of deposit, money market accounts, IRA certificates of deposit, IRA savings accounts and checking accounts, and sweep accounts.