Company Update (NYSE:DFS): Discover® Selects Suburban Nashville Boy with a Complex Heart Condition as Official “Stick Kid” of the 2016 Honda NHL All-Star Skills Competition™

[Business Wire] – As part of the 2016 Honda NHL® All-Star Weekend, Discover surprised 11-year-old Kael Adams of Hermitage, Tennessee, with an ultimate NHL® All-Star Weekend fan experience Friday afternoon. Read more on this. Discover Financial Services (DFS) , valued at $19.57B, opened this morning at $44.99. Shares have traded today between $44.67 and $45.96 per share with a one year range of $44.67 to $61.50. DFS shares are currently priced at 8.02x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry ’s 12.84x forward p/e ratio. And for income investors, the company pays shareholders $1.12 per share annually in dividends, yielding 2.30%. According to a consensus of 26 analysts, the earnings estimate of $1.34 per share would be $0.06 better than the year-ago quarter and a $0.02 sequential decrease. The full-year EPS estimate is $5.59, which would be a $0.46 better than last year. The quarterly earnings estimate is predicated on a consensus revenue forecast of $2.18 Billion. If reported, that would be a 0.46% increase over the year-ago quarter. In terms of ratings, JP Morgan downgraded DFS from Overweight to Neutral (Jan 14, 2016). Previously, DA Davidson Initiated DFS at to Buy. When considering if perhaps the stock is under or overvalued, the average price target is $62.46, which is 38.83% above where the stock opened this morning. See more in (NYSE:DFS) Similar Articles: Stock Update: Discover Financial Services (NYSE:DFS) – Discover Recognized as a Best Online Bank and as Having among the Best CD Accounts for 2016 Market Update: Discover Financial Services (NYSE:DFS) – Discover Financial Services Joins Banking Industry Architecture Network Stock Update: Discover Financial Services (NYSE:DFS) – Discover Card Offers a Good Grades Reward Program