Q2 EPS Estimate for Synchrony Financial Increased by Analyst

Key Points

• Zacks Research raised its Q2 2027 EPS estimate for Synchrony Financial to $2.71 from $2.26, and forecast $3.02 per share for Q2 2028.
• Synchrony reported quarterly EPS of $2.68, beating analysts’ $2.42 estimate; revenue of $3.82 billion was also slightly above expectations.
• Analysts have a “Moderate Buy” consensus rating and an average price target of $87.78. The company also declared a quarterly dividend of $0.34 per share.

Synchrony Financial (NYSE:SYF - Free Report) - Zacks Research boosted their Q2 2027 earnings estimates for shares of Synchrony Financial in a research report issued on Tuesday, November 3rd. Zacks Research analyst Team now expects that the financial services provider will post earnings per share of $2.71 for the quarter, up from their previous forecast of $2.26. The consensus estimate for Synchrony Financial's current full-year earnings is $9.59 per share. Zacks Research also issued estimates for Synchrony Financial's Q2 2028 earnings at $3.02 EPS.

Synchrony Financial (NYSE:SYF - Get Free Report) last announced its earnings results on Tuesday, October 20th. The financial services provider reported $2.68 earnings per share for the quarter, beating analysts' consensus estimates of $2.42 by $0.26. Synchrony Financial had a net margin of 14.59% and a return on equity of 22.26%. The business had revenue of $3.82 billion during the quarter, compared to the consensus estimate of $3.81 billion. During the same quarter last year, the firm earned $2.86 earnings per share.

A number of other brokerages have also recently issued reports on SYF. TD Cowen lowered their price objective on Synchrony Financial from $90.00 to $86.00 and set a "buy" rating for the company in a research note on Tuesday, October 6th. UBS Group cut their target price on Synchrony Financial from $81.00 to $80.00 and set a "neutral" rating on the stock in a research note on Monday. Wells Fargo & Company cut their target price on Synchrony Financial from $95.00 to $88.00 and set an "overweight" rating on the stock in a research note on Wednesday, July 22nd. HSBC raised their price target on Synchrony Financial from $93.00 to $97.00 and gave the company a "buy" rating in a report on Monday, July 13th. Finally, Robert W. Baird lifted their price target on Synchrony Financial from $86.00 to $90.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 22nd. Ten research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, Synchrony Financial has an average rating of "Moderate Buy" and an average target price of $87.78.

Synchrony Financial Stock Performance

Shares of SYF opened at $74.97 on Thursday. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 1.15. The stock has a market cap of $23.35 billion, a P/E ratio of 7.83, a P/E/G ratio of 0.93 and a beta of 1.40. The business's 50 day moving average price is $74.76 and its 200-day moving average price is $73.61. Synchrony Financial has a 52 week low of $63.08 and a 52 week high of $88.77.

Synchrony Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Thursday, November 5th will be given a $0.34 dividend. The ex-dividend date of this dividend is Thursday, November 5th. This represents a $1.36 annualized dividend and a yield of 1.8%. Synchrony Financial's dividend payout ratio is 14.20%.

Institutional Trading of Synchrony Financial

Several institutional investors have recently added to or reduced their stakes in the business. Pension & Wealth Management Advisors Inc. purchased a new position in shares of Synchrony Financial in the 3rd quarter worth $26,000. Compass Financial Management LLC bought a new position in Synchrony Financial in the second quarter valued at about $29,000. GK Wealth Management LLC bought a new position in Synchrony Financial in the third quarter valued at about $31,000. Provenance Wealth Advisors LLC purchased a new position in Synchrony Financial in the third quarter worth about $32,000. Finally, Center for Financial Planning Inc. boosted its position in Synchrony Financial by 242.9% in the first quarter. Center for Financial Planning Inc. now owns 480 shares of the financial services provider's stock worth $33,000 after purchasing an additional 340 shares during the last quarter. 96.48% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Synchrony Financial

Here are the key news stories impacting Synchrony Financial this week:

• Positive Sentiment: Zacks raised its FY2026, FY2027 and FY2028 EPS forecasts to $9.52, $10.48 and $11.67, respectively. It also lifted estimates for Q3 2027 and Q3 2028. The higher longer-term outlook may support investor expectations, although the FY2026 estimate remains below the $9.60 consensus cited in the reports. Zacks estimate revisions
• Neutral Sentiment: Synchrony said CFO Brian J. would participate in the KBW Fintech Ecosystem Conference and TD Cowen’s 2026 Financials & Fintech Conference. The events may offer investors updates, but the announcement itself does not indicate a change to the company’s outlook. Conference announcement
• Negative Sentiment: Zacks reduced estimates for Q4 2026, Q1 2027, Q4 2027 and Q1 2028, including cuts to Q4 2026 EPS from $2.09 to $1.98 and Q4 2027 from $2.72 to $2.47. These near- and medium-term trims could weigh on sentiment despite the higher annual forecasts. Zacks estimate revisions

About Synchrony Financial

Synchrony Financial NYSE: SYF is a consumer financial services company that provides private-label credit cards, co-branded credit cards and promotional financing programs. Its financing products are offered through retailers, manufacturers, healthcare providers and other businesses, helping consumers pay for purchases over time.

The company serves a range of industries, including digital commerce, home improvement, furniture, automotive, healthcare, jewelry, apparel, electronics and specialty retail.

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