David Nelms - Discover Financial Executive Vice President
| DFS Stock | USD 121.31 0.40 0.33% |
President
Mr. David W. Nelms is no longer Executive Chairman of the Board of the Company. Mr. Nelms also assumed the role of Chairman in January 2009, a position that he held until stepping down as Executive Chairman in December 2018. He served as President and Chief Operating Officer from 1998 to 2004. Prior to joining us, Mr. Nelms worked at MBNA America Bank from 1991 to 1998, most recently as Vice Chairman. Mr. Nelms holds a Bachelors degree in Mechanical Engineering from the University of Florida and an M.B.A. from Harvard Business School since 2018.
| Age | 58 |
| Tenure | 6 years |
| Address | 2500 Lake Cook Road, Riverwoods, IL, United States, 60015 |
| Phone | 224 405 0900 |
| Web | https://www.discover.com |
Discover Financial Management Efficiency
The company has Return on Asset of 0.0208 % which means that on every $100 spent on assets, it made $0.0208 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2016 %, implying that it generated $0.2016 on every 100 dollars invested. Discover Financial's management efficiency ratios could be used to measure how well Discover Financial manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Discover Financial's Return On Tangible Assets are comparatively stable compared to the past year. Return On Capital Employed is likely to gain to 0.17 in 2024, whereas Return On Equity is likely to drop 0.16 in 2024. At this time, Discover Financial's Other Assets are comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 155.5 B in 2024, whereas Total Current Assets are likely to drop slightly above 3.3 B in 2024.Similar Executives
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Management Performance
| Return On Equity | 0.2 | ||||
| Return On Asset | 0.0208 |
Discover Financial Leadership Team
Elected by the shareholders, the Discover Financial's board of directors comprises two types of representatives: Discover Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Discover. The board's role is to monitor Discover Financial's management team and ensure that shareholders' interests are well served. Discover Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Discover Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Gregory Case, Independent Director | ||
| Steven Cunningham, Senior Vice President Chief Risk Officer | ||
| Lawrence Weinbach, Independent Non-Executive Chairman of the Board | ||
| Mary Bush, Independent Director | ||
| Eric Wasserstrom, Head Relations | ||
| Michael Roemer, Executive Vice President Chief Risk Officer | ||
| Brian Hughes, Executive Vice President Chief Risk Officer | ||
| Richard Lenny, Independent Director | ||
| Jennifer Wong, Independent Director | ||
| John Greene, Chief Financial Officer, Executive Vice President | ||
| Joseph Eazor, Independent Director | ||
| Michael Rhodes, President CEO | ||
| John Owen, Independent Director | ||
| Bill Chippendale, Chief Executive | ||
| Thomas Maheras, Non-Executive Independent Chairman of the Board | ||
| Michael Moskow, Independent Director | ||
| Diane Offereins, Executive Vice President, President - Payment Services | ||
| Leslie Sutton, Vice Communications | ||
| Kathryn Corley, Executive Vice President General Counsel, Secretary | ||
| Keith Toney, Executive Vice President Data and Analytics | ||
| Andrew Eichfeld, Chief Human Resource Officer, Executive Vice President Chief Administrative Officer | ||
| R Eichfeld, Chief Human Resource Officer, Executive Vice President Chief Administrative Officer | ||
| Jason Strle, Executive Officer | ||
| Michael Shepherd, President CEO | ||
| Mark Graf, CFO and Executive VP | ||
| R Graf, Chief Financial Officer, Executive Vice President | ||
| Amir Arooni, Executive Vice President, Chief Information Officer | ||
| Shifra Kolsky, Senior Officer | ||
| Jeffrey Aronin, Independent Director | ||
| Glenn Schneider, Executive Vice President, Chief Information Officer | ||
| David Nelms, Executive Vice President | ||
| Roger Hochschild, President, Chief Executive Officer, Director | ||
| Julie Loeger, Senior Vice President Chief Marketing Officer - U.S. Cards | ||
| Candace Duncan, Independent Director | ||
| Hope Mehlman, Chief VP | ||
| Cynthia Glassman, Independent Director | ||
| Mark Thierer, Independent Director | ||
| Jason Hanson, President VP | ||
| Douglas Rose, Chief Human Resource Officer, Senior Vice President | ||
| Carlos Minetti, Executive Vice President and Presidentident - Consumer Banking | ||
| David Rawlinson, Independent Director | ||
| Wanjiku Walcott, Executive Vice President Chief Legal Officer, General Counsel | ||
| James Panzarino, Executive Vice President Chief Credit and Card Operations Officer | ||
| Daniel Capozzi, Executive Vice President, President - Credit Operations and Decision Management |
Discover Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Discover Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.2 | ||||
| Return On Asset | 0.0208 | ||||
| Profit Margin | 0.30 % | ||||
| Operating Margin | 0.28 % | ||||
| Current Valuation | 41 B | ||||
| Shares Outstanding | 250.56 M | ||||
| Shares Owned By Insiders | 0.55 % | ||||
| Shares Owned By Institutions | 89.25 % | ||||
| Number Of Shares Shorted | 2.83 M | ||||
| Price To Earning | 7.05 X |
Discover Financial Investors Sentiment
The influence of Discover Financial's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Discover. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Discover Financial's public news can be used to forecast risks associated with an investment in Discover. The trend in average sentiment can be used to explain how an investor holding Discover can time the market purely based on public headlines and social activities around Discover Financial Services. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Discover Financial's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Discover Financial's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Discover Financial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Discover Financial.
Discover Financial Implied Volatility | 53.22 |
Discover Financial's implied volatility exposes the market's sentiment of Discover Financial Services stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Discover Financial's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Discover Financial stock will not fluctuate a lot when Discover Financial's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Discover Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Discover Financial's short interest history, or implied volatility extrapolated from Discover Financial options trading.
Pair Trading with Discover Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Discover Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Discover Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Discover Stock
| 0.63 | V | Visa Class A Earnings Call Next Week | PairCorr |
| 0.85 | AXP | American Express Earnings Call This Week | PairCorr |
| 0.84 | C | Citigroup Financial Report 12th of July 2024 | PairCorr |
| 0.83 | L | Loews Corp | PairCorr |
Moving against Discover Stock
| 0.8 | HG | Hamilton Insurance Report 21st of October 2024 | PairCorr |
| 0.74 | DHIL | Diamond Hill Investment | PairCorr |
| 0.72 | FG | FG Annuities Life Financial Report 1st of May 2024 | PairCorr |
| 0.63 | AC | Associated Capital | PairCorr |
| 0.62 | BY | Byline Bancorp Report 25th of April 2024 | PairCorr |
The ability to find closely correlated positions to Discover Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Discover Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Discover Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Discover Financial Services to buy it.
The correlation of Discover Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Discover Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Discover Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Discover Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Discover Financial Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Discover Financial information on this page should be used as a complementary analysis to other Discover Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Discover Stock analysis
When running Discover Financial's price analysis, check to measure Discover Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Discover Financial is operating at the current time. Most of Discover Financial's value examination focuses on studying past and present price action to predict the probability of Discover Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Discover Financial's price. Additionally, you may evaluate how the addition of Discover Financial to your portfolios can decrease your overall portfolio volatility.
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Is Discover Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Discover Financial. If investors know Discover will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Discover Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.59) | Dividend Share 2.7 | Earnings Share 11.26 | Revenue Per Share 38.748 | Quarterly Revenue Growth (0.19) |
The market value of Discover Financial is measured differently than its book value, which is the value of Discover that is recorded on the company's balance sheet. Investors also form their own opinion of Discover Financial's value that differs from its market value or its book value, called intrinsic value, which is Discover Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Discover Financial's market value can be influenced by many factors that don't directly affect Discover Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Discover Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Discover Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Discover Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.