Discover Financial Services (NYSE:DFS) has seen several substantial changes in their investment portfolios by institutions such as Avantax Advisory Services Inc., Sei Investments Co., and Swiss National Bank. DFS has displayed a stellar financial performance by topping Q2 EPS by $2.98, beating estimates with quarterly earnings results, and announcing a net income of $1.5 Billion in the second quarter of 2024. Additionally, DFS stock has consistently outperformed competitors, despite exhibiting the occasional losses, and has been forecasted to continue this trend by several leading financial institutions, including Royal Bank of Canada, JPMorgan Chase & Co., and Barclays. DFS is furthermore planning to pay out a quarterly dividend of $0.70 on September 5th. The company announced a significant agreement to sell its private student loan portfolio. DFS shares experienced a boost of 3.8% post strong earnings, with projections set at a 1-year high of $135.76. Lastly, the company has laid out plans with capital one in a public meeting on a deal, with DFS's private student loan portfolio being acquired by Carlyle and KKR Strategic Partnerships.
Discover Financial Services DFS News Analytics from Fri, 23 Feb 2024 08:00:00 GMT to Sun, 21 Jul 2024 14:44:12 GMT -
Rating 8
- Innovation 4
- Information 7
- Rumor -2
