Seaport Research Partners Releases Earnings Estimate for DFS Q1

February 19, 2025 10:23 PM PST | By Team Kalkine Media

Seaport Research Partners Releases Earnings Estimate for DFS Q1 — Image source: Shutterstock

Financial Projections and Analyst Ratings

Seaport Res Ptn has released financial projections for Discover Financial Services (NYSE:DFS), estimating earnings per share (EPS) of $3.35 for Q1 2025. Furthermore, they forecast EPS figures for subsequent quarters, namely $3.44 for both Q2 and Q3 2025, with Q4 2025 expected at $3.57, culminating in a full-year EPS of $13.80 for 2025.

Analyst opinions on Discover Financial Services are diverse. UBS Group has upgraded its stance from "neutral" to "buy," with a revised price target of $239.00, while Wells Fargo & Company increased its price objective to $214.00. Conversely, StockNews.com reduced its rating to "hold," indicative of the mixed sentiment surrounding the stock.

Stock Performance and Investment Insights

The stock for Discover Financial Services commenced at $203.34 recently, maintaining a 50-day moving average of $186.02 and a 200-day moving average of $162.17. The company boasts a market capitalization of $51.10 billion, with a price-to-earnings (P/E) ratio of 12.74. The financial services provider presents a strong current ratio of 1.09, demonstrating healthy liquidity.

The company disclosed an impressive quarterly dividend announcement, scheduled for payout in June. This quarterly dividend stands at $0.70 per share, translating to an annual dividend of $2.80 and a yield of 1.38%, underlining its commitment to shareholder returns.

Institutional Investment and Company Overview

Investments in Discover Financial Services reflect robust institutional enthusiasm, with large investors like Creative Planning and Blue Trust Inc. significantly increasing their holdings in recent quarters. Notably, 86.94% of Discover Financial Services' stock is owned by hedge funds and institutional investors.

Founded to serve digital banking and payment services primarily in the United States, Discover Financial Services functions through Digital Banking and Payment Services segments. Their portfolio includes credit cards, consumer loans, and a range of deposit products, making Discover Financial Services a major player in the financial services landscape.

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