discover share price

Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.The financial services industry has been hit hard by the COVID-19 pandemic, but like any other industry, the situation may actually present some level of investing opportunity, depending on the companies being considered. See you at the top! In the past, Discover set itself off from the pack because it was the first credit card to offer cashback on purchases. Get up to 10 years of daily historical stock prices & volumes. Note: All figures are for the equivalent first quarter of 2020. American Express offers credit cards and loan services and Visa and Mastercard focus just on their credit networks. Over the past five years, it's stock has decreased in value while the market has increased. Stock Market Discover Financial is still fighting a bit of an underdog battle to prove its worthiness as a favorable credit card alternative.Even when factoring in all the various services Discovery Financial offers (which include a consumer bank, home and student loans, and payment systems), it's the smallest of the credit card networks in terms of revenue.

Returns as of 08/13/2020. Over the past five years, it's stock has decreased in value while the market has increased.Discover's shares are trading at only nine times trailing 12-month earnings, while American Express has a P/E ratio nearly double that number. Data source: Discover, Capital One, and Synchrony quarterly reports.Discover took the same provisions for losses as Synchrony, which made a billion more dollars in the first quarter, and that sank its net income. View daily, weekly or monthly …

A study commissioned by PULSE debit network and conducted by Oliver Wyman found debit transactions grew 6.5% in 2019 mostly due to a digital surge.Investing legend Whitney Tilson says there's a huge new tech trend coming – and he's revealing his #1 pick for free.Moody's Investors Service, ("Moody's") has affirmed the ratings of SLM Corporation (SLM) and its bank subsidiary, Sallie Mae Bank, following the affirmation of the baa3 standalone baseline credit assessment (BCA) of the bank. Discover Financial Services (NYSE: DFS) stock was on the rise Wednesday in the brief period between its latest dividend declaration and the release of its second-quarter results. The first quarter, which ended March 31, only represents a small amount of the time period affected by COVID-19 and otherwise covers normal operations. As it happens, Discover Financial Services's TSR for the last 5 years was 51%, which exceeds the share price return mentioned earlier. Discover Financial Services Common Stock (DFS) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. Like much of the financial industry, shares remain dramatically lower, losing roughly 33% of its value year to date, but are up from their worst lows in late March. Data provided by Edgar Online. Let's conquer your financial goals together...faster. Discover Financial stock price target cut to $72 from $95 at Deutsche Bank Apr. Investing Basics This is different from Visa and Mastercard, which both operate transaction networks but work with banks that actually issue the credit cards. ET by Tomi Kilgore Here are the biggest stock … (TMFanibird) 13, 2020 at 7:50 a.m. In that sense, one might say it's a good value, but only if you believe that Discover will start catching up with American Express's earnings, and I'm not convinced.Discover's business has been hit hard by the pandemic, and I think that the decreased stock price is an indication of issues that are not going to go away so fast. There are similar Stock Advisor launched in February of 2002. When she isn’t writing, she can be found reading while she avoids housework. That smaller size didn't keep Discover's share price from plunging along with the others at the start of the pandemic. Data source: Discover, American Express, Visa, and Mastercard quarterly reports.These days, there isn't anything particularly distinguishing about the company's credit cards. Jennifer grew up in New York and spent a lot time shopping, which really helps her write about retail. Retirement About Us Cumulative Growth of a $10,000 Investment in Stock AdvisorIs Discover Financial Services a Buy? Discover CEO Roger Hochschild pointed out that customers with FICO scores below 660 make up only 19% of the total, whereas during the financial crisis in 2008 that number was 26%, so the company is in better shape to handle a larger-than-normal bump in the road. ©2019, EDGAR®Online, a division of Donnelley Financial Solutions.