Previous close | 119.89 |
Open | 120.75 |
Bid | 123.00 x 1100 |
Ask | 124.50 x 1000 |
Day's range | 120.55 - 125.39 |
52-week range | 79.04 - 131.65 |
Volume | |
Avg. volume | 2,197,435 |
Market cap | 31.138B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | 11.04 |
EPS (TTM) | 11.26 |
Earnings date | 18 Apr 2024 |
Forward dividend & yield | 2.80 (2.34%) |
Ex-dividend date | 21 Feb 2024 |
1y target est | 133.31 |
Discover Financial (DFS) expects 2024 loan growth in low-single digits.
DFS Reports Sharp Drop in Earnings and Revenue Misses Analyst Projections
Discover Financial Services on Wednesday reported a 68% drop in first-quarter profit, as the lender set aside more in rainy-day funds to cover for potential credit losses amid an uncertain economy. U.S. banks have increased their provisions for losses from bad loans as higher interest rates heighten the risk of default on mortgages and credit card debt by consumers. Discover's provision for credit losses jumped to $1.5 billion in the quarter ended March 31, from $1.1 billion in the year-ago period.