Discover Financial Services traded at $199.98 this Friday May 16th, decreasing $0.56 or 0.28 percent since the previous trading session. Looking back, over the last four weeks, Discover Financial Services lost 27.65 percent. Over the last 12 months, its price rose by 60.16 percent. Looking ahead, we forecast Discover Financial Services to be priced at 193.84 by the end of this quarter and at 176.53 in one year, according to Trading Economics global macro models projections and analysts expectations.
Discover Financial Services is a digital banking and payment services company. The Company is a bank holding company, as well as a financial holding company. It operates through two segments: Digital Banking and Payment Services. It provides digital banking products and services and payment services through its subsidiaries. It offers its customers credit card loans, private student loans, personal loans, home loans and deposit products. Its private student loans are primarily available to students attending eligible non-profit undergraduate and graduate schools. It also offers certain post-graduate loans, including consolidation, bar study and residency loans. It markets its private student loans through digital channels, direct mail, email, radio and television. Its payment services include PULSE, Diners Club and its Network Partners business, which provides, among other services, payment transaction processing and settlement services.