Stock Update (NYSE:DFS): Discover First to Offer FICO® Credit Scores for Free to Everyone as Part of New Credit Scorecard

[Business Wire] – Starting today, everyone can check their FICO® Credit Score for free by using Discover’s new Credit Scorecard, including those who are not Discover customers. In addition to providing the credit score that 90 percent of top lenders use, Credit Scorecard provides a summary of the data that determines an individual’s FICO® Score. Read more on this. Discover Financial Services (DFS) , with a current market cap of $22.68B, started the session at $54.68. Today’s price range has been between $54.55 and $55.10 per share and has traded between $42.86 and $59.88 over the past year. DFS shares are currently priced at 9.57x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 9.27x earnings multiple for the same period. The company pays shareholders $1.12 per share annually in dividends, yielding 2.08%. According to a consensus of 25 analysts, the earnings estimate of $1.42 per share would be $0.09 better than the year-ago quarter and a $0.05 sequential increase. Investors should also note that the full-year EPS estimate of $5.69 is a $0.56 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $2.22 Billion. If reported, that would be a 1.83% increase over the year-ago quarter. Recently, Macquarie downgraded DFS from Outperform to Neutral (May 11, 2016). Previously, BofA/Merrill downgraded DFS from Buy to Neutral. Investors should keep in mind is that the average price target is $62.33, which is 13.99% above where the stock opened this morning. See more in (NYSE:DFS) Similar Articles: Company Update (NYSE:DFS): Discover it® Secured Credit Card Helps Consumers Build or Rebuild Their Credit with Responsible Use Company Update: Discover Financial Services (NYSE:DFS) – Discover Financial Services Names Joseph F. Eazor to Its Board of Directors Stock Update: Discover Financial Services (NYSE:DFS) – Discover Recognized as a Best Online Bank and as Having among the Best CD Accounts for 2016