Discover Financial Services LLC

DFS-N

NYSE:DFS

48.68
0.53 (1.10%)
Discover Financial Services, Inc. is an American financial services company, which issues the Discover Card and operates the Discover and Pulse networks, and owns Diners Club International.
More at Wikipedia

Analysis and Opinions about DFS-N

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
September 21, 2017

Payments and financial technology is a great group. He has preferred V-N for a long time with a more attractive business model. It has a great international growth path in front of it. Don’t buy the laggards.

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Payments and financial technology is a great group. He has preferred V-N for a long time with a more attractive business model. It has a great international growth path in front of it. Don’t buy the laggards.

PAST TOP PICK
PAST TOP PICK
June 6, 2017

(A Top Pick April 26/16. Up 5%.) He just got out of this recently. It has been falling along with all of the financials in the last 2 months. He still likes the name.

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(A Top Pick April 26/16. Up 5%.) He just got out of this recently. It has been falling along with all of the financials in the last 2 months. He still likes the name.

TOP PICK
TOP PICK
April 26, 2016

This is a direct bank as well as a card business. Very, very strong earnings growth. Also, have a strong loan growth. Really a top pick in the financial services sector. Attractively valued. Cheap and very good growth. Dividend yield of 1.96%.

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This is a direct bank as well as a card business. Very, very strong earnings growth. Also, have a strong loan growth. Really a top pick in the financial services sector. Attractively valued. Cheap and very good growth. Dividend yield of 1.96%.

COMMENT
COMMENT
April 20, 2016

This is a card issuer. Numbers were quite favourable today and the space is acting very well. He prefers and owns Synchrony Financial (SYF-N).

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This is a card issuer. Numbers were quite favourable today and the space is acting very well. He prefers and owns Synchrony Financial (SYF-N).

DON'T BUY
DON'T BUY
January 27, 2016

It was a real darling for a while. They are more of a card company than a network. The whole sector is under pressure until you see a turn. The technicals are not confirming a positive fundamental story.

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It was a real darling for a while. They are more of a card company than a network. The whole sector is under pressure until you see a turn. The technicals are not confirming a positive fundamental story.

PAST TOP PICK
PAST TOP PICK
December 11, 2015

(A Top Pick Nov 18/14. Down 16.94%.) This is a theme that should have worked, but didn’t. They spent a lot trying to grow their loan book, and the challenge is that earnings growth is going to be a little muted.

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(A Top Pick Nov 18/14. Down 16.94%.) This is a theme that should have worked, but didn’t. They spent a lot trying to grow their loan book, and the challenge is that earnings growth is going to be a little muted.

TOP PICK
TOP PICK
August 5, 2015

Have a credit card business as well as a consumer lending business, so they get great leverage through rising interest rates which he thinks will happen. Thinks costs are going to come down moving into next year. Stock is cheap at under 10X and they are returning a lot of capital to shareholders.

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Have a credit card business as well as a consumer lending business, so they get great leverage through rising interest rates which he thinks will happen. Thinks costs are going to come down moving into next year. Stock is cheap at under 10X and they are returning a lot of capital to shareholders.

DON'T BUY
DON'T BUY
April 9, 2015

Discover Financial (DFS-N) or Visa (V-N)? Has recently come off quite a bit on the back of a missed earnings quarter. They also provided some forward negative guidance. He owns MasterCard (MA-N) which is very similar to Visa in terms of valuations. Visa has a much stronger earnings profile, and given the fact that the technicals are looking a bit rough on this one, he would wait until they turn around a bit and have an earnings surprise.

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Discover Financial (DFS-N) or Visa (V-N)? Has recently come off quite a bit on the back of a missed earnings quarter. They also provided some forward negative guidance. He owns MasterCard (MA-N) which is very similar to Visa in terms of valuations. Visa has a much stronger earnings profile, and given the fact that the technicals are looking a bit rough on this one, he would wait until they turn around a bit and have an earnings surprise.

TOP PICK
TOP PICK
March 16, 2015

The general improving economy theme. Predominantly a US play, targeting the middle income earner who uses credit. Credit cards should do very well. This one actually takes credit risk, which it is now the time to do. They did well in the stress test. There are share buy backs. It has been an underperformer against Visa and MasterCard.

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The general improving economy theme. Predominantly a US play, targeting the middle income earner who uses credit. Credit cards should do very well. This one actually takes credit risk, which it is now the time to do. They did well in the stress test. There are share buy backs. It has been an underperformer against Visa and MasterCard.

DON'T BUY
DON'T BUY
January 8, 2015

$54.72 model price, negative 13.5%. Would not buy it here. He got it at $4 and still has a little position.

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$54.72 model price, negative 13.5%. Would not buy it here. He got it at $4 and still has a little position.

TOP PICK
TOP PICK
November 18, 2014

There are a number of ways to play credit cards, but he wants exposure to the credit card that has the best position for better consumer spending, job growth and wage growth. This company fits that bill. They offer a “no fee” credit card to the middle-income segment of the US economy. Offers a very good customer service and rewards program that the middle-income earner doesn't normally get. Very strong loan growth. Compared to regional banks it has a higher ROE, higher net interest margin, and yet it trades below an earnings multiple to the regional banks. Feels there is significant growth here.

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There are a number of ways to play credit cards, but he wants exposure to the credit card that has the best position for better consumer spending, job growth and wage growth. This company fits that bill. They offer a “no fee” credit card to the middle-income segment of the US economy. Offers a very good customer service and rewards program that the middle-income earner doesn't normally get. Very strong loan growth. Compared to regional banks it has a higher ROE, higher net interest margin, and yet it trades below an earnings multiple to the regional banks. Feels there is significant growth here.

BUY
BUY
August 12, 2014

He likes the credit growth story in the US. Thinks consumers are very well positioned to increase spending. If you look at consumer spending growth, it has only averaged 2% since the global financial crisis. The long-term average is much, much higher than that. Credit card receivables since about 2007 are still down about 15%, compared to where they were several years ago. That tells you that despite the fact that the US economy has done better, consumer spending hasn’t really accelerated. For the 1st time, we are starting to see credit standards at originations for both credit card receivables and mortgages ease. Lenders are starting to become a little bit less strict about who they give money to. This is a good story and they are going to have the ability to increase their market share and you should see a better

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He likes the credit growth story in the US. Thinks consumers are very well positioned to increase spending. If you look at consumer spending growth, it has only averaged 2% since the global financial crisis. The long-term average is much, much higher than that. Credit card receivables since about 2007 are still down about 15%, compared to where they were several years ago. That tells you that despite the fact that the US economy has done better, consumer spending hasn’t really accelerated. For the 1st time, we are starting to see credit standards at originations for both credit card receivables and mortgages ease. Lenders are starting to become a little bit less strict about who they give money to. This is a good story and they are going to have the ability to increase their market share and you should see a better

TOP PICK
TOP PICK
November 14, 2013

Credit card receivables in the US are still very depressed. He expects that as the economy continues to do a little bit better, you should see credit growth. Non-revolving credit growth has averaged less than 1% a year during the last 3 years. This company has been able to increase market share by increasing its distribution network and they should get the full benefit of that credit growth. Outstanding capital ratio. They are also buying back stock and giving dividend increases.

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Credit card receivables in the US are still very depressed. He expects that as the economy continues to do a little bit better, you should see credit growth. Non-revolving credit growth has averaged less than 1% a year during the last 3 years. This company has been able to increase market share by increasing its distribution network and they should get the full benefit of that credit growth. Outstanding capital ratio. They are also buying back stock and giving dividend increases.

PAST TOP PICK
PAST TOP PICK
April 3, 2012
(Top Pick Dec 1/11, Up 8.20%) Was intended as a short term trade.
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(Top Pick Dec 1/11, Up 8.20%) Was intended as a short term trade.
TOP PICK
TOP PICK
December 1, 2011
Short December Puts. If he owns the stock, he writes Calls and if he doesn't own and wants to enter, he writes Puts. Wrote it for $1.20 on a strike of $23 giving an 8.2% option yield (option premium/strike) for the month.
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Short December Puts. If he owns the stock, he writes Calls and if he doesn't own and wants to enter, he writes Puts. Wrote it for $1.20 on a strike of $23 giving an 8.2% option yield (option premium/strike) for the month.
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Discover Financial Services LLC(DFS-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Discover Financial Services LLC is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Discover Financial Services LLC(DFS-N) Frequently Asked Questions

What is Discover Financial Services LLC stock symbol?

Discover Financial Services LLC is a American stock, trading under the symbol DFS-N on the New York Stock Exchange (DFS). It is usually referred to as NYSE:DFS or DFS-N

Is Discover Financial Services LLC a buy or a sell?

In the last year, there was no coverage of Discover Financial Services LLC published on Stockchase.

Is Discover Financial Services LLC a good investment or a top pick?

Discover Financial Services LLC was recommended as a Top Pick by David Burrows on 2017-09-21. Read the latest stock experts ratings for Discover Financial Services LLC.

Why is Discover Financial Services LLC stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Discover Financial Services LLC worth watching?

In the last year, there was no coverage of Discover Financial Services LLC published on Stockchase.

What is Discover Financial Services LLC stock price?

On 2020-07-08, Discover Financial Services LLC (DFS-N) stock closed at a price of $48.68.