Discover Financial Services (DFS) Stock Experiences Notable Decline

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Feb 07, 2025
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Discover Financial Services (DFS, Financial) saw a significant stock price drop of 1.45%, with shares trading at $199.78. The trading volume reached 485,878 shares, reflecting a turnover rate of 0.19% and a price fluctuation of 1.61%.

Recent financial reports indicate that Discover Financial Services achieved a revenue of $23.634 billion and a net profit of $4.535 billion. The earnings per share stood at $17.71, with a price-to-earnings ratio of 11.29. However, gross profit data is currently unavailable.

Among the 19 institutions rating the stock, 42% recommend buying, while 58% suggest holding, with no sell recommendations.

In the credit services industry, where Discover operates, the overall decline was 0.32%. Notable gainers in the sector included Ezcorp, Upstart Holdings, Inc., and Sezzle Inc. Meanwhile, Oppfi Inc., Eason Technology Limited, and Upstart Holdings, Inc. showed high trading activity with turnover rates of 11.92%, 10.04%, and 4.92%, respectively. Stocks with significant price swings included Eason Technology Limited, Finance Of America Companies Inc., and Oppfi Inc., with fluctuations of 18.44%, 10.23%, and 10.14%.

Discover Financial Services operates in two segments: direct banking and payment services. It issues credit and debit cards and offers consumer banking products, including deposit accounts and personal loans. Discover, Pulse, and Diners Club networks are part of its operations, with Discover being the fourth-largest payment network in the U.S. by total purchase volume, and Pulse being one of the largest ATM networks in the country.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.