Discover Financial Services (DFS) Given Daily Coverage Optimism Rating of 0.16

Media headlines about Discover Financial Services (NYSE:DFS) have trended somewhat positive this week, Accern reports. Accern rates the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Discover Financial Services earned a news impact score of 0.16 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 45.1942563993159 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:

Discover Financial Services (DFS) traded down $0.26 during trading on Tuesday, hitting $73.18. 3,449,019 shares of the stock traded hands, compared to its average volume of 2,647,747. The company has a debt-to-equity ratio of 2.52, a quick ratio of 1.55 and a current ratio of 1.55. Discover Financial Services has a fifty-two week low of $57.50 and a fifty-two week high of $74.41. The stock has a market cap of $25,843.63, a PE ratio of 12.22, a P/E/G ratio of 1.87 and a beta of 1.53.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 7th. Stockholders of record on Wednesday, November 22nd will be issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 1.91%. The ex-dividend date of this dividend is Tuesday, November 21st. Discover Financial Services’s dividend payout ratio is currently 24.05%.

DFS has been the subject of several analyst reports. Zacks Investment Research upgraded Discover Financial Services from a “sell” rating to a “hold” rating in a research report on Tuesday, August 29th. Morgan Stanley reduced their price objective on Discover Financial Services from $71.00 to $70.00 and set an “overweight” rating for the company in a research report on Friday, September 8th. ValuEngine downgraded Discover Financial Services from a “buy” rating to a “hold” rating in a research report on Monday, September 11th. Buckingham Research initiated coverage on Discover Financial Services in a research report on Monday, October 2nd. They set a “buy” rating and a $74.00 price objective for the company. Finally, Wells Fargo & Company initiated coverage on Discover Financial Services in a report on Tuesday, October 10th. They set a “market perform” rating and a $69.00 target price on the stock. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and sixteen have assigned a buy rating to the stock. Discover Financial Services has a consensus rating of “Hold” and a consensus target price of $74.45.

In other Discover Financial Services news, EVP Carlos Minetti sold 8,000 shares of the business’s stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $64.51, for a total transaction of $516,080.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Diane E. Offereins sold 15,000 shares of the business’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $70.36, for a total transaction of $1,055,400.00. Following the transaction, the executive vice president now directly owns 160,747 shares of the company’s stock, valued at approximately $11,310,158.92. The disclosure for this sale can be found here. Insiders sold 183,277 shares of company stock valued at $12,335,343 over the last quarter. 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.

Insider Buying and Selling by Quarter for Discover Financial Services (NYSE:DFS)

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