Discover's stock has
returned about 13%
on an annualized basis for the past 10 years through the end of the second quarter of 2020. That makes it a top performer among banks; as a credit card company, it has trailed the major players, Visa and Mastercard, but it is different from them in several key ways.
Is Discover Financial Services the same as Discover Bank?
Discover Financial Services is an
American financial services company
that owns and operates Discover Bank, which offers checking and savings accounts, personal loans, home equity loans, student loans and credit cards. It also owns and operates the Discover and Pulse networks, and owns Diners Club International.
What does Discover Financial Services do?
About Discover Financial Services
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.
Why is Discover Financial Services stock down?
Discover Financial suffered in 2020 due
to the global economic slowdown and the Covid-19 crisis
, which reduced the consumer spending levels and increased the risk of loan defaults. The company reported $11.1 billion in total revenues for the year – down 3% y-o-y.
Is discover a good buy?
Discover's stock has
returned about 13%
on an annualized basis for the past 10 years through the end of the second quarter of 2020. That makes it a top performer among banks; as a credit card company, it has trailed the major players, Visa and Mastercard, but it is different from them in several key ways.
Is BAC a buy or sell?
Bank of America has received a consensus rating of
Buy
. The company's average rating score is 2.63, and is based on 13 buy ratings, 5 hold ratings, and 1 sell rating.
How do I buy stock in Discover?
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. …
- Confirm your payment details. …
- Research the stock. …
- Purchase now or later. …
- Check in on your investment.
Where is Discover not accepted?
Where Is Discover Card Not Accepted? One of the biggest retailers where Discover cards are not accepted is
Costco
, a wholesale warehouse club. Costco has an exclusive partnership with Visa to only accept Visa credit cards in exchange for a lower merchant fee rate.
Is Discover a Visa or Mastercard?
WalletHub, Financial Company
Discover is neither a Visa nor a Mastercard
. It's more like an American Express card, but they're not exactly the same, either. Discover is similar to Visa, Mastercard and American Express in the sense that all four are card networks.
What bank owns Discover?
Discover Card is a credit card brand that is issued by
the American financial services company, Discover Financial (DFS)
.
What credit score is needed for a Discover Card?
A
700+ credit score
is needed to get most Discover credit cards, but there's no minimum credit score needed for a few Discover cards. You can get the Discover it® Secured Credit Card with a bad credit score (300+).
Does Discover Financial pay dividends?
Dividend Summary
There are typically 4 dividends per year
(excluding specials), and the dividend cover is approximately 5.4. Our premium tools have predicted Discover Financial Services with 93% accuracy. Sign up for Discover Financial Services and we'll email you the dividend information when they declare.
Is JPM a buy or sell?
JPMorgan Chase & Co. has received a consensus rating of
Buy
. The company's average rating score is 2.61, and is based on 12 buy ratings, 5 hold ratings, and 1 sell rating.
Is GE a Buy Sell or Hold?
For full-year 2021, analysts forecast GE earnings of $1.97 per share, up from just eight cents a share in 2020. … Out of 21 analysts on Wall Street, 13 rate GE stock a buy and eight have a hold, while
none has a sell
, according to FactSet.
Why is Discover not accepted?
Why isn't Discover as widely accepted as Visa or Mastercard? … There's about one-seventh the number of Discover cards as Visa cards, so
merchants may not have as much of an incentive to accept them
. Discover sometimes charges merchants more for card acceptance than either Visa or Mastercard.
