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Barchart
Sohini Mondal

Discover Financial Services Stock: Is Wall Street Bullish or Bearish?

Valued at a market cap of $50.2 billion, Discover Financial Services (DFS) is a leading digital banking and payment services company. It operates through two segments: Digital Banking, offering credit cards, personal loans, and deposit products, and Payment Services, managing the Discover Network, PULSE, and Diners Club International.

The credit card issuer and lender's shares have outperformed the broader market over the past 52 weeks. DFS has increased 64.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 22%. Moreover, shares of DFS are up 14.8% on a YTD basis, compared to SPX’s 3.3% gain. 

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