What is Zacks Research’s Forecast for DFS Q2 Earnings?

Discover Financial Services (NYSE:DFS) – Equities research analysts at Zacks Research cut their Q2 2025 earnings per share (EPS) estimates for Discover Financial Services in a research report issued to clients and investors on Thursday, January 16th. Zacks Research analyst D. Chatterjee now forecasts that the financial services provider will post earnings per share of $2.99 for the quarter, down from their previous estimate of $3.22. The consensus estimate for Discover Financial Services’ current full-year earnings is $14.18 per share. Zacks Research also issued estimates for Discover Financial Services’ Q3 2025 earnings at $3.12 EPS, Q4 2025 earnings at $2.63 EPS, Q2 2026 earnings at $3.20 EPS, Q3 2026 earnings at $4.21 EPS, Q4 2026 earnings at $4.31 EPS and FY2026 earnings at $14.28 EPS.

A number of other equities research analysts also recently commented on the company. Barclays raised Discover Financial Services from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $137.00 to $186.00 in a report on Monday, January 6th. Keefe, Bruyette & Woods lifted their target price on Discover Financial Services from $170.00 to $232.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. Evercore ISI lifted their target price on Discover Financial Services from $156.00 to $163.00 and gave the stock an “in-line” rating in a report on Wednesday, October 30th. JPMorgan Chase & Co. reduced their price target on Discover Financial Services from $150.00 to $146.00 and set a “neutral” rating for the company in a research report on Tuesday, January 14th. Finally, Truist Financial assumed coverage on Discover Financial Services in a research report on Tuesday, January 7th. They set a “buy” rating and a $233.00 price target for the company. Nine research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, Discover Financial Services currently has an average rating of “Moderate Buy” and a consensus target price of $171.71.

Discover Financial Services Price Performance

Shares of NYSE DFS opened at $189.49 on Monday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.03 and a current ratio of 1.10. The company has a market cap of $47.62 billion, a PE ratio of 15.29, a P/E/G ratio of 1.09 and a beta of 1.46. The business has a 50-day simple moving average of $177.06 and a two-hundred day simple moving average of $152.94. Discover Financial Services has a fifty-two week low of $97.69 and a fifty-two week high of $190.13.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in DFS. UMB Bank n.a. grew its stake in shares of Discover Financial Services by 0.6% in the 4th quarter. UMB Bank n.a. now owns 9,248 shares of the financial services provider’s stock valued at $1,602,000 after purchasing an additional 56 shares during the last quarter. Invst LLC grew its stake in shares of Discover Financial Services by 0.9% in the 3rd quarter. Invst LLC now owns 7,253 shares of the financial services provider’s stock valued at $1,018,000 after purchasing an additional 62 shares during the last quarter. CTC Alternative Strategies Ltd. grew its stake in shares of Discover Financial Services by 3.2% in the 3rd quarter. CTC Alternative Strategies Ltd. now owns 2,047 shares of the financial services provider’s stock valued at $287,000 after purchasing an additional 63 shares during the last quarter. Eagle Bluffs Wealth Management LLC grew its stake in shares of Discover Financial Services by 0.5% in the 3rd quarter. Eagle Bluffs Wealth Management LLC now owns 14,501 shares of the financial services provider’s stock valued at $2,034,000 after purchasing an additional 67 shares during the last quarter. Finally, Venturi Wealth Management LLC boosted its stake in shares of Discover Financial Services by 27.4% in the third quarter. Venturi Wealth Management LLC now owns 316 shares of the financial services provider’s stock valued at $44,000 after buying an additional 68 shares in the last quarter. Institutional investors and hedge funds own 86.94% of the company’s stock.

Discover Financial Services Company Profile

Discover Financial Services, through its subsidiaries, provides digital banking products and services, and payment services in the United States. It operates in two segments, Digital Banking and Payment Services. The Digital Banking segment offers Discover-branded credit cards to individuals; personal loans, home loans, and other consumer lending; and direct-to-consumer deposit products comprising savings accounts, certificates of deposit, money market accounts, IRA certificates of deposit, IRA savings accounts and checking accounts, and sweep accounts.