Press coverage about Discover Financial Services (NYSE:DFS) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Discover Financial Services earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 45.6143004627362 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- Discover Financial Services (DFS) Given Consensus Rating of “Buy” by Analysts (americanbankingnews.com)
- Technical Story: Discover Financial Services (DFS) stands -2.11% away from 50 SMA – Nasdaq Chronicle (nasdaqchronicle.com)
- Discover Financial Services (DFS) Expected to Earn FY2018 Earnings of $8.00 Per Share (americanbankingnews.com)
- Wedbush Weighs in on Discover Financial Services’ Q1 2018 Earnings (DFS) (americanbankingnews.com)
Shares of Discover Financial Services stock traded down $0.50 during trading hours on Monday, reaching $76.04. 2,021,311 shares of the company traded hands, compared to its average volume of 2,281,738. The company has a market cap of $27,153.09, a P/E ratio of 14.06, a PEG ratio of 1.13 and a beta of 1.49. Discover Financial Services has a 12-month low of $57.50 and a 12-month high of $81.93. The company has a debt-to-equity ratio of 2.55, a quick ratio of 1.51 and a current ratio of 1.51.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 8th. Investors of record on Thursday, February 22nd were given a $0.35 dividend. The ex-dividend date was Wednesday, February 21st. This represents a $1.40 annualized dividend and a yield of 1.84%. Discover Financial Services’s dividend payout ratio is presently 25.88%.
A number of research analysts have commented on DFS shares. Zacks Investment Research downgraded shares of Discover Financial Services from a “buy” rating to a “hold” rating in a research note on Tuesday, March 6th. Barclays set a $95.00 price objective on shares of Discover Financial Services and gave the company a “buy” rating in a research note on Friday, January 12th. Bank of America upgraded shares of Discover Financial Services from a “neutral” rating to a “buy” rating and set a $83.00 price objective on the stock in a research note on Monday, December 18th. Jefferies Group reiterated a “buy” rating and set a $91.00 price objective on shares of Discover Financial Services in a research note on Thursday, January 11th. Finally, Deutsche Bank started coverage on shares of Discover Financial Services in a research note on Tuesday, January 2nd. They set a “buy” rating and a $92.00 price objective on the stock. Two research analysts have rated the stock with a sell rating, six have given a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $85.61.
In other Discover Financial Services news, SVP Edward W. Mcgrogan sold 2,435 shares of the firm’s stock in a transaction dated Monday, January 29th. The shares were sold at an average price of $81.63, for a total transaction of $198,769.05. Following the transaction, the senior vice president now owns 12,033 shares of the company’s stock, valued at approximately $982,253.79. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO David W. Nelms sold 30,000 shares of the firm’s stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $76.74, for a total transaction of $2,302,200.00. Following the transaction, the chief executive officer now directly owns 1,409,912 shares in the company, valued at approximately $108,196,646.88. The disclosure for this sale can be found here. Over the last quarter, insiders purchased 29,000 shares of company stock worth $8,670 and sold 242,674 shares worth $19,140,541. Company insiders own 0.81% of the company’s stock.
TRADEMARK VIOLATION WARNING: “Somewhat Positive Media Coverage Somewhat Unlikely to Affect Discover Financial Services (DFS) Share Price” was published by BBNS and is the property of of BBNS. If you are accessing this report on another publication, it was illegally copied and reposted in violation of U.S. & international copyright & trademark laws. The original version of this report can be read at https://baseballnewssource.com/2018/03/19/discover-financial-services-dfs-getting-somewhat-favorable-press-coverage-report-finds/2020167.html.
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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