Synchrony Financial (SYF) Projected to Post Quarterly Earnings on Tuesday

Synchrony Financial (NYSE:SYF - Get Free Report) is projected to issue its Q2 2025 quarterly earnings data before the market opens on Tuesday, July 22nd. Analysts expect the company to announce earnings of $1.60 per share and revenue of $3.71 billion for the quarter. Synchrony Financial has set its FY 2025 guidance at EPS.

Synchrony Financial (NYSE:SYF - Get Free Report) last posted its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $1.89 earnings per share for the quarter, topping the consensus estimate of $1.63 by $0.26. The business had revenue of $3.72 billion during the quarter, compared to the consensus estimate of $3.80 billion. Synchrony Financial had a net margin of 13.00% and a return on equity of 19.68%. On average, analysts expect Synchrony Financial to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Synchrony Financial Price Performance

SYF stock traded down $0.15 during trading on Wednesday, hitting $68.41. The company had a trading volume of 293,298 shares, compared to its average volume of 3,856,441. The firm has a market capitalization of $26.04 billion, a price-to-earnings ratio of 9.38, a P/E/G ratio of 0.73 and a beta of 1.46. The business has a 50 day moving average of $62.29 and a 200 day moving average of $59.72. Synchrony Financial has a fifty-two week low of $40.55 and a fifty-two week high of $71.88. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 1.11.

Synchrony Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Shareholders of record on Monday, May 5th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.75%. This is an increase from Synchrony Financial's previous quarterly dividend of $0.25. The ex-dividend date was Monday, May 5th. Synchrony Financial's dividend payout ratio is presently 16.46%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on SYF shares. Morgan Stanley upped their price target on shares of Synchrony Financial from $48.00 to $70.00 and gave the company an "equal weight" rating in a report on Thursday, July 10th. Wall Street Zen raised shares of Synchrony Financial from a "hold" rating to a "buy" rating in a report on Tuesday, May 20th. Wells Fargo & Company upped their price target on shares of Synchrony Financial from $65.00 to $75.00 and gave the company an "overweight" rating in a report on Tuesday, July 1st. Truist Financial upped their price target on shares of Synchrony Financial from $63.00 to $68.00 and gave the company a "hold" rating in a report on Friday, June 13th. Finally, The Goldman Sachs Group upped their price objective on shares of Synchrony Financial from $70.00 to $78.00 and gave the company a "buy" rating in a research note on Wednesday, July 2nd. Seven investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to MarketBeat, Synchrony Financial has an average rating of "Moderate Buy" and an average price target of $70.63.

Insider Buying and Selling

In related news, insider Curtis Howse sold 11,380 shares of the stock in a transaction that occurred on Tuesday, June 24th. The stock was sold at an average price of $65.00, for a total value of $739,700.00. Following the transaction, the insider owned 108,062 shares in the company, valued at approximately $7,024,030. This represents a 9.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Jonathan S. Mothner sold 40,639 shares of the stock in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $60.07, for a total value of $2,441,184.73. Following the completion of the transaction, the insider owned 146,628 shares in the company, valued at $8,807,943.96. This represents a 21.70% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.33% of the company's stock.

Hedge Funds Weigh In On Synchrony Financial

A number of hedge funds have recently added to or reduced their stakes in the company. NewEdge Advisors LLC boosted its position in Synchrony Financial by 8.9% during the first quarter. NewEdge Advisors LLC now owns 8,302 shares of the financial services provider's stock worth $439,000 after purchasing an additional 679 shares during the period. Woodline Partners LP boosted its position in Synchrony Financial by 36.2% during the first quarter. Woodline Partners LP now owns 35,582 shares of the financial services provider's stock worth $1,884,000 after purchasing an additional 9,460 shares during the period. Focus Partners Wealth boosted its position in Synchrony Financial by 7.7% during the first quarter. Focus Partners Wealth now owns 6,406 shares of the financial services provider's stock worth $339,000 after purchasing an additional 459 shares during the period. Finally, Geneos Wealth Management Inc. boosted its position in Synchrony Financial by 337.0% during the first quarter. Geneos Wealth Management Inc. now owns 590 shares of the financial services provider's stock worth $31,000 after purchasing an additional 455 shares during the period. Institutional investors and hedge funds own 96.48% of the company's stock.

About Synchrony Financial

Synchrony Financial, together with its subsidiaries, operates as a consumer financial services company in the United States. It provides credit products, such as credit cards, commercial credit products, and consumer installment loans. The company also offers private label credit cards, dual co-brand and general purpose credit cards, short- and long-term installment loans, and consumer banking products; and deposit products, including certificates of deposit, individual retirement accounts, money market accounts, and savings accounts, and sweep and affinity deposits, as well as accepts deposits through third-party securities brokerage firms.