Media stories about Discover Financial Services (NYSE:DFS) have been trending somewhat positive on Saturday, Accern reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Discover Financial Services earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 45.9334056685557 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the media headlines that may have effected Accern Sentiment’s rankings:
Shares of Discover Financial Services (NYSE:DFS) traded down $0.09 on Friday, hitting $78.16. The company’s stock had a trading volume of 1,593,009 shares, compared to its average volume of 2,310,000. Discover Financial Services has a one year low of $57.50 and a one year high of $78.83. The firm has a market cap of $28,400.00, a price-to-earnings ratio of 13.45, a price-to-earnings-growth ratio of 1.81 and a beta of 1.52. The company has a debt-to-equity ratio of 2.52, a quick ratio of 1.55 and a current ratio of 1.55.
The firm also recently announced a quarterly dividend, which was paid on Thursday, December 7th. Shareholders of record on Wednesday, November 22nd were given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.79%. The ex-dividend date of this dividend was Tuesday, November 21st. Discover Financial Services’s payout ratio is 24.10%.
A number of equities analysts have weighed in on DFS shares. Oppenheimer set a $71.00 price target on Discover Financial Services and gave the stock a “buy” rating in a report on Tuesday, October 24th. Nomura decreased their price target on Discover Financial Services from $81.00 to $79.00 and set a “buy” rating for the company in a report on Wednesday, October 25th. Buckingham Research started coverage on Discover Financial Services in a report on Monday, October 2nd. They issued a “buy” rating and a $74.00 price target for the company. ValuEngine upgraded Discover Financial Services from a “hold” rating to a “buy” rating in a report on Tuesday, September 26th. Finally, Royal Bank of Canada restated a “buy” rating and issued a $86.00 price target on shares of Discover Financial Services in a report on Wednesday, October 25th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and eighteen have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $78.24.
In related news, CFO R. Mark Graf sold 16,503 shares of the company’s stock in a transaction that occurred on Friday, October 27th. The stock was sold at an average price of $66.67, for a total transaction of $1,100,255.01. Following the sale, the chief financial officer now directly owns 82,402 shares of the company’s stock, valued at approximately $5,493,741.34. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, COO Roger C. Hochschild sold 15,258 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $66.79, for a total value of $1,019,081.82. Following the sale, the chief operating officer now directly owns 769,440 shares in the company, valued at $51,390,897.60. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 179,277 shares of company stock worth $12,673,925. 0.96% of the stock is currently owned by corporate insiders.
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About Discover Financial Services
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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