Synchrony Financial Company Profile (NYSE:SYF)

About Synchrony Financial (NYSE:SYF)

Synchrony Financial logoSynchrony Financial is a consumer financial services company. The Company provides a range of credit products through programs it has established with a group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers. The Company's revenue activities are managed through three sales platforms: Retail Card, Payment Solutions and CareCredit. It offers its credit products through its subsidiary, Synchrony Bank (the Bank). Through the Bank, it offers a range of deposit products insured by the Federal Deposit Insurance Corporation (FDIC), including certificates of deposit, individual retirement accounts (IRAs), money market accounts and savings accounts. The Company offers three types of credit products: credit cards, commercial credit products and consumer installment loans. The Company also offers a debt cancellation product. It offers two types of credit cards: private label credit cards and Dual Cards.

Industry, Sector and Symbol: Capitalization:
  • Market Cap: $22.08 billion
  • Outstanding Shares: 811,013,000
Average Prices:
  • 50 Day Moving Avg: $30.10
  • 200 Day Moving Avg: $34.06
  • 52 Week Range: $23.25 - $38.06
P/E:
  • Trailing P/E Ratio: 10.23
  • Foreward P/E Ratio: 8.54
  • P/E Growth: 1.16
Sales & Book Value:
  • Annual Revenue: $6.95 billion
  • Price / Sales: 3.18
  • Book Value: $17.71 per share
  • Price / Book: 1.54
Dividend:
  • Annual Dividend: $0.52
  • Dividend Yield: 1.9%
Profitability:
  • Net Margins: 15.15%
  • Return on Equity: 16.34%
  • Return on Assets: 2.64%
Debt:
  • Debt-to-Equity Ratio: 1.42%
  • Current Ratio: 1.46%
  • Quick Ratio: 1.51%
Misc:
  • Average Volume: 8.59 million shs.
  • Beta: 1.06
  • Short Ratio: 2.28
 

Frequently Asked Questions for Synchrony Financial (NYSE:SYF)

What is Synchrony Financial's stock symbol?

Synchrony Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "SYF."

How often does Synchrony Financial pay dividends? What is the dividend yield for Synchrony Financial?

Synchrony Financial declared a quarterly dividend on Thursday, April 27th. Investors of record on Monday, May 8th will be paid a dividend of $0.13 per share on Thursday, May 18th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.91%. The ex-dividend date of this dividend is Thursday, May 4th. View Synchrony Financial's Dividend History.

How were Synchrony Financial's earnings last quarter?

Synchrony Financial (NYSE:SYF) announced its earnings results on Friday, April, 28th. The company reported $0.61 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.74 by $0.13. The business earned $3.59 billion during the quarter, compared to the consensus estimate of $3.54 billion. Synchrony Financial had a net margin of 15.15% and a return on equity of 16.34%. During the same period in the prior year, the business earned $0.70 EPS. View Synchrony Financial's Earnings History.

When will Synchrony Financial make its next earnings announcement?

Synchrony Financial is scheduled to release their next quarterly earnings announcement on Thursday, July, 20th 2017. View Earnings Estimates for Synchrony Financial.

Where is Synchrony Financial's stock going? Where will Synchrony Financial's stock price be in 2017?

23 brokers have issued 1 year target prices for Synchrony Financial's shares. Their predictions range from $29.00 to $47.00. On average, they anticipate Synchrony Financial's stock price to reach $37.36 in the next year. View Analyst Ratings for Synchrony Financial.

What are analysts saying about Synchrony Financial stock?

Here are some recent quotes from research analysts about Synchrony Financial stock:

  • 1. BTIG Research analysts commented, "Is SYF Poised to Repeat 2016 Stock Price Rebound? We are reiterating our Buy recommendation on Synchrony Financial (SYF) and price target of $36 based on 11x our FY18E earnings per share of $3.31 following the company’s announcement on Thursday of a share buyback program that was both earlier than expected as well as larger than anticipated. We have increased our FY18E EPS estimate from $3.25 to $3.31 reflect the impact of the buyback program.   We were somewhat surprised by the market’s muted reaction on Friday to SYF’s announcement that its board had approved a larger- than-expected $1.64bn share buyback program. While SYF shares increased by as much as 5% after the announcement, which occurred perhaps a month sooner than expected, they faded and the stock closed up by only 1.3%." (5/24/2017)
  • 2. According to Zacks Investment Research, "Synchrony Financial is a consumer financial services company. It offers private label credit cards, dual cards and small and medium-sized business credit products; promotional financing for consumer purchases, including installment loans; and promotional financing to consumers. The company also offers various deposit products, such as certificates of deposit, individual retirement accounts, money market accounts, and savings accounts directly to retail and commercial customers under the Optimizer+Plus brand. Synchrony Financial is headquartered in Stamford, Connecticut. " (5/4/2017)
  • 3. Jefferies Group LLC analysts commented, "In this note, we provide an update on SYF based on interaction with management during a series of investor meetings. We continue to believe that SYF is one of the best positioned of the card companies in terms of prospects for loan growth, capitalization, and margins; and we anticipate growing capital returns as SYF seeks to optimize its capital structure over time. We continue to recommend this as a top pick in the card-issuer space." (2/14/2017)

Are investors shorting Synchrony Financial?

Synchrony Financial saw a increase in short interest in the month of May. As of May 15th, there was short interest totalling 12,562,539 shares, an increase of 32.6% from the April 28th total of 9,472,734 shares. Based on an average daily volume of 14,826,247 shares, the short-interest ratio is presently 0.8 days. Approximately 1.6% of the shares of the stock are short sold.

Who are some of Synchrony Financial's key competitors?

Who owns Synchrony Financial stock?

Synchrony Financial's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (6.32%), BlackRock Inc. (5.95%), State Street Corp (4.32%), Wellington Management Group LLP (3.99%), FMR LLC (3.59%) and Bank of New York Mellon Corp (2.73%). Company insiders that own Synchrony Financial stock include Brian D Doubles, David P Melito, Margaret M Keane and Will W Graylin. View Institutional Ownership Trends for Synchrony Financial.

Who sold Synchrony Financial stock? Who is selling Synchrony Financial stock?

Synchrony Financial's stock was sold by a variety of institutional investors in the last quarter, including Baupost Group LLC MA, Prudential Financial Inc., Bank of New York Mellon Corp, Commerzbank Aktiengesellschaft FI, Parametric Portfolio Associates LLC, Ameriprise Financial Inc., CI Global Investments Inc. and Teachers Advisors LLC. Company insiders that have sold Synchrony Financial stock in the last year include Brian D Doubles, David P Melito and Margaret M Keane. View Insider Buying and Selling for Synchrony Financial.

Who bought Synchrony Financial stock? Who is buying Synchrony Financial stock?

Synchrony Financial's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., JPMorgan Chase & Co., Renaissance Technologies LLC, Morgan Stanley, Schroder Investment Management Group, RidgeWorth Capital Management LLC, UBS Asset Management Americas Inc. and FMR LLC. View Insider Buying and Selling for Synchrony Financial.

How do I buy Synchrony Financial stock?

Shares of Synchrony Financial can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Synchrony Financial stock cost?

One share of Synchrony Financial stock can currently be purchased for approximately $27.23.

Analyst Ratings

Consensus Ratings for Synchrony Financial (NYSE:SYF) (?)
Ratings Breakdown: 7 Hold Ratings, 16 Buy Ratings
Consensus Rating:Buy (Score: 2.70)
Consensus Price Target: $37.36 (37.21% upside)

Analysts' Ratings History for Synchrony Financial (NYSE:SYF)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/24/2017BTIG ResearchReiterated RatingBuy$36.00LowView Rating Details
5/3/2017GuggenheimDowngradeBuy -> Neutral$38.00 -> $32.00LowView Rating Details
4/30/2017Oppenheimer Holdings Inc.Reiterated RatingHoldMediumView Rating Details
5/1/2017Barclays PLCBoost Price TargetOverweight$36.00 -> $47.00LowView Rating Details
5/1/2017Citigroup IncLower Price TargetBuy$43.00 -> $35.00LowView Rating Details
5/1/2017JMP SecuritiesReiterated RatingOutperform$41.00 -> $35.00MediumView Rating Details
5/1/2017Jefferies Group LLCLower Price TargetBuy$45.00 -> $40.00MediumView Rating Details
5/1/2017DA DavidsonLower Price TargetBuy$45.00 -> $41.00LowView Rating Details
5/1/2017Deutsche Bank AGLower Price TargetHold$47.00 -> $35.00LowView Rating Details
5/1/2017StephensDowngradeOverweight -> Equal Weight$44.00 -> $29.00LowView Rating Details
4/28/2017Goldman Sachs Group IncDowngradeConviction-Buy -> Neutral$44.00 -> $33.00LowView Rating Details
4/11/2017Keefe, Bruyette & WoodsReiterated RatingBuy$44.00LowView Rating Details
4/11/2017CIBCReiterated RatingMarket PerformLowView Rating Details
4/11/2017BMO Capital MarketsReiterated RatingBuy$38.00LowView Rating Details
3/29/2017Wells Fargo & CoInitiated CoverageOutperform -> OutperformLowView Rating Details
1/23/2017Sanford C. BernsteinBoost Price TargetOutperform$39.00 -> $45.00N/AView Rating Details
12/15/2016Bank of America CorpUpgradeNeutral -> Buy$40.50N/AView Rating Details
12/7/2016WedbushDowngradeOutperform -> Neutral$23.25 -> $37.00N/AView Rating Details
11/4/2016Compass PointInitiated CoverageBuy$34.00N/AView Rating Details
9/22/2016Credit Suisse Group AGSet Price TargetBuy$37.00N/AView Rating Details
9/22/2016NomuraReiterated RatingBuy$34.00N/AView Rating Details
7/9/2016JPMorgan Chase & Co.Reiterated RatingBuyN/AView Rating Details
6/29/2016Morgan StanleyReiterated RatingOverweightN/AView Rating Details
5/11/2016MacquarieInitiated CoverageNeutral$37.00N/AView Rating Details
11/23/2015Sterne Agee CRTUpgradeNeutral -> Buy$38.00N/AView Rating Details
8/25/2015Buckingham ResearchInitiated CoverageBuy$40.00N/AView Rating Details
7/20/2015Susquehanna Bancshares IncBoost Price TargetPositive$38.00 -> $41.00N/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for Synchrony Financial (NYSE:SYF)
Earnings by Quarter for Synchrony Financial (NYSE:SYF)
Earnings History by Quarter for Synchrony Financial (NYSE:SYF)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/20/2017        
4/28/2017Q1 2017$0.74$0.61$3.54 billion$3.59 billionViewN/AView Earnings Details
1/20/2017Q416$0.67$0.70$3.51 billion$3.63 billionViewN/AView Earnings Details
10/21/2016Q316$0.69$0.73$3.30 billion$3.48 billionViewListenView Earnings Details
7/22/2016Q216$0.54$0.58$3.26 billion$3.21 billionViewListenView Earnings Details
4/22/2016Q116$0.69$0.70$3.17 billion$3.21 billionViewListenView Earnings Details
1/22/2016Q415$0.63$0.65$3.20 billion$3.21 billionViewListenView Earnings Details
10/16/2015Q315$0.66$0.69$3.02 billion$2.46 billionViewListenView Earnings Details
7/17/2015Q215$0.62$0.65$2.77 billion$2.41 billionViewListenView Earnings Details
4/17/2015Q115$0.64$0.66$2.80 billion$2.88 billionViewN/AView Earnings Details
1/23/2015Q414$0.60$0.64$2.81 billion$2.28 billionViewN/AView Earnings Details
10/17/2014Q3$0.67$0.70$2.25 billion$2.19 billionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Synchrony Financial (NYSE:SYF)
2017 EPS Consensus Estimate: $2.90
2018 EPS Consensus Estimate: $3.34
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.71$0.80$0.75
Q2 20174$0.50$0.76$0.65
Q3 20174$0.66$0.79$0.74
Q4 20174$0.71$0.85$0.77
Q1 20182$0.88$0.90$0.89
Q2 20182$0.80$0.83$0.82
Q3 20182$0.84$0.90$0.87
Q4 20182$0.76$0.77$0.77
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Synchrony Financial (NYSE:SYF)
Most Recent Dividend:5/18/2017
Annual Dividend:$0.52
Dividend Yield:1.91%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:19.19% (Trailing 12 Months of Earnings)
20.00% (Based on This Year's Estimates)
16.30% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Synchrony Financial (NYSE:SYF)

Dividend History by Quarter for Synchrony Financial (NYSE:SYF)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/27/2017quarterly$0.131.57%5/4/20175/8/20175/18/2017
1/25/2017Quarterly$0.131.42%2/2/20172/6/20172/16/2017
10/27/2016quarterly$0.131.79%11/3/201611/7/201611/17/2016
7/8/2016special$0.138/10/20168/12/20168/25/2016
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Synchrony Financial (NYSE:SYF)
Insider Ownership Percentage: 0.02%
Institutional Ownership Percentage: 89.10%
Insider Trades by Quarter for Synchrony Financial (NYSE:SYF)
Institutional Ownership by Quarter for Synchrony Financial (NYSE:SYF)
Insider Trades by Quarter for Synchrony Financial (NYSE:SYF)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/1/2017Will W GraylinDirectorBuy18,000$27.80$500,400.00View SEC Filing  
4/5/2017David P MelitoInsiderSell748$34.24$25,611.52View SEC Filing  
4/3/2017David P MelitoInsiderSell600$34.11$20,466.00View SEC Filing  
2/28/2017Brian D DoublesInsiderSell8,109$36.13$292,978.17View SEC Filing  
1/4/2017David P MelitoInsiderSell1,392$38.00$52,896.00View SEC Filing  
11/22/2016Margaret M KeaneInsiderSell6,000$34.00$204,000.00View SEC Filing  
11/21/2016David P MelitoInsiderSell2,159$33.54$72,412.86View SEC Filing  
11/9/2016Margaret M KeaneInsiderSell2,000$30.00$60,000.00View SEC Filing  
5/24/2016Brian D DoublesInsiderSell1,000$30.00$30,000.00View SEC Filing  
7/31/2014Roy A GuthrieDirectorBuy10,000$23.00$230,000.00View SEC Filing  
7/31/2014Thomas M QuindlenInsiderBuy1,000$23.00$23,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Synchrony Financial (NYSE:SYF)
Latest Headlines for Synchrony Financial (NYSE:SYF)
Source:
DateHeadline
finance.yahoo.com logoJust Checking - Did You Take My Advice on Synchrony Financial?
finance.yahoo.com - May 25 at 3:45 AM
americanbankingnews.com logoSynchrony Financial (SYF) Stock Rating Reaffirmed by BTIG Research
www.americanbankingnews.com - May 24 at 4:32 PM
finance.yahoo.com logoThe contrarian investor’s best bet is coming down the pike
finance.yahoo.com - May 24 at 9:04 AM
streetinsider.com logoSynchrony Financial (SYF) to Increase Quarterly Dividend to $0.15, Approves $1.64B Share Repurchase Program
www.streetinsider.com - May 20 at 7:39 PM
finance.yahoo.com logoETFs with exposure to Synchrony Financial : May 19, 2017
finance.yahoo.com - May 20 at 7:23 AM
streetinsider.com logoSynchrony Financial (SYF) to Increase Quarterly Dividend to $0.15, Approves $1.64B Share Repurchase Program - StreetInsider.com
www.streetinsider.com - May 19 at 12:55 PM
finance.yahoo.com logoSynchrony Financial Announces Plans to Increase Quarterly Common Stock Dividend to $0.15 Per Share and Approval of a $1.64 Billion Share Repurchase Program
finance.yahoo.com - May 19 at 12:55 PM
finance.yahoo.com logoSynchrony Financial to buy back up to $1.64 billion in shares, hikes dividend
finance.yahoo.com - May 19 at 12:55 PM
finance.yahoo.com logoSynchrony Financial Hikes Dividend, Announces $1.64 Billion Share Buyback Program
finance.yahoo.com - May 19 at 12:55 PM
americanbankingnews.com logoSynchrony Financial (SYF) Downgraded by Wells Fargo & Co to Equal Weight
www.americanbankingnews.com - May 19 at 9:34 AM
finance.yahoo.com logoSynchrony Financial Announces the Signing of a Multi-Year Contract with e-Commerce Retailer, zulily
finance.yahoo.com - May 9 at 7:36 PM
finance.yahoo.com logoETFs with exposure to Synchrony Financial : May 8, 2017
finance.yahoo.com - May 8 at 7:37 PM
finance.yahoo.com logoWeekly Top Insider Buys Highlights
finance.yahoo.com - May 8 at 10:35 AM
americanbankingnews.com logoSynchrony Financial (SYF) Downgraded to Strong Sell at Zacks Investment Research
www.americanbankingnews.com - May 7 at 2:52 PM
americanbankingnews.com logoSynchrony Financial (SYF) Expected to Announce Quarterly Sales of $3.6 Billion
www.americanbankingnews.com - May 6 at 7:40 AM
finance.yahoo.com logoSynchrony Financial :SYF-US: Earnings Analysis: Q1, 2017 By the Numbers : May 5, 2017
finance.yahoo.com - May 5 at 11:26 PM
americanbankingnews.com logoSynchrony Financial (SYF) Given Daily News Sentiment Rating of 0.06
www.americanbankingnews.com - May 5 at 10:57 PM
americanbankingnews.com logoSynchrony Financial (SYF) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - May 5 at 7:00 PM
americanbankingnews.com logoZacks: Brokerages Anticipate Synchrony Financial (SYF) to Announce $0.60 Earnings Per Share
www.americanbankingnews.com - May 4 at 11:42 PM
finance.yahoo.com logoSynchrony Financial : SYF-US: Dividend Analysis : May 08th, 2017 (record date) : By the numbers : May 4, 2017
finance.yahoo.com - May 4 at 11:05 PM
finance.yahoo.com logoNew Nissan credit card program drives rewards on everyday purchases
finance.yahoo.com - May 4 at 11:05 PM
finance.yahoo.com logoView From the Top: How to Be Successful
finance.yahoo.com - May 3 at 11:19 PM
americanbankingnews.com logoOppenheimer Holdings Analysts Reduce Earnings Estimates for Synchrony Financial (SYF)
www.americanbankingnews.com - May 3 at 5:12 PM
americanbankingnews.com logoSynchrony Financial to Post Q2 2017 Earnings of $0.50 Per Share, Jefferies Group Forecasts (SYF)
www.americanbankingnews.com - May 3 at 7:46 AM
americanbankingnews.com logoTraders Buy High Volume of Put Options on Synchrony Financial (SYF)
www.americanbankingnews.com - May 3 at 7:22 AM
americanbankingnews.com logoWill W. Graylin Acquires 18,000 Shares of Synchrony Financial (SYF) Stock
www.americanbankingnews.com - May 2 at 9:28 PM
americanbankingnews.com logoSynchrony Financial (SYF) Receives Daily Coverage Optimism Score of 0.21
www.americanbankingnews.com - May 2 at 8:12 PM
americanbankingnews.com logoJefferies Group Weighs in on Synchrony Financial's FY2018 Earnings (SYF)
www.americanbankingnews.com - May 2 at 3:32 PM
fool.com logoSynchrony Financial: Higher Loss Provisions Bite First-Quarter Earnings
www.fool.com - May 2 at 2:28 PM
americanbankingnews.com logoQ2 2017 EPS Estimates for Synchrony Financial (SYF) Lowered by Oppenheimer Holdings
www.americanbankingnews.com - May 2 at 8:10 AM
americanbankingnews.com logoSynchrony Financial (SYF) Rating Lowered to Equal Weight at Stephens
www.americanbankingnews.com - May 2 at 12:04 AM
americanbankingnews.com logoCitigroup Inc Reiterates Buy Rating for Synchrony Financial (SYF)
www.americanbankingnews.com - May 1 at 10:52 PM
americanbankingnews.com logoBarclays PLC Reaffirms Overweight Rating for Synchrony Financial (SYF)
www.americanbankingnews.com - May 1 at 10:42 PM
americanbankingnews.com logoSynchrony Financial (SYF) Receives "Hold" Rating from Oppenheimer Holdings Inc.
www.americanbankingnews.com - May 1 at 8:58 PM
americanbankingnews.com logoSynchrony Financial (SYF) Receives Outperform Rating from JMP Securities
www.americanbankingnews.com - May 1 at 4:40 PM
americanbankingnews.com logoSynchrony Financial (SYF) Given "Buy" Rating at BTIG Research
www.americanbankingnews.com - May 1 at 3:36 PM
americanbankingnews.com logoSynchrony Financial (SYF) Stock Rating Reaffirmed by DA Davidson
www.americanbankingnews.com - May 1 at 3:00 PM
americanbankingnews.com logoSynchrony Financial (SYF) Given "Buy" Rating at Jefferies Group LLC
www.americanbankingnews.com - May 1 at 1:40 PM
americanbankingnews.com logoDeutsche Bank AG Reiterates Hold Rating for Synchrony Financial (SYF)
www.americanbankingnews.com - May 1 at 12:50 PM
seekingalpha.com logoSynchrony Financial tepidly defended at BTIG; shares down another 1.3%
seekingalpha.com - May 1 at 11:52 AM
streetinsider.com logoSynchrony Financial (SYF) PT Lowered to $36 at Barclays - StreetInsider.com
www.streetinsider.com - May 1 at 11:19 AM
finance.yahoo.com logoSynchrony Financial Named as CIO 100 Award Winner for the Third Year in a Row
finance.yahoo.com - May 1 at 11:19 AM
streetinsider.com logoGoldman Sachs Downgrades Synchrony Financial (SYF) to Neutral, Says Expectations Are Out Sync - StreetInsider.com
www.streetinsider.com - April 30 at 3:40 PM
seekingalpha.com logoSynchrony Financial: Investors Should Be Concerned, But Not Too Concerned
seekingalpha.com - April 29 at 8:44 PM
americanbankingnews.com logoSomewhat Critical Media Coverage Likely to Impact Synchrony Financial (SYF) Stock Price
www.americanbankingnews.com - April 29 at 3:35 PM
finance.yahoo.com logoEdited Transcript of SYF earnings conference call or presentation 28-Apr-17 12:30pm GMT
finance.yahoo.com - April 29 at 1:54 AM
americanbankingnews.com logoSynchrony Financial (SYF) Downgraded to Neutral at Goldman Sachs Group Inc
www.americanbankingnews.com - April 29 at 1:11 AM
americanbankingnews.com logoSynchrony Financial (SYF) Releases Earnings Results, Misses Expectations By $0.12 EPS
www.americanbankingnews.com - April 28 at 9:08 PM
seekingalpha.com logoSynchrony Financial (SYF) Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - April 28 at 8:54 PM
finance.yahoo.com logoSynchrony Financial Reports First Quarter Net Earnings of $499 Million or $0.61 Per Diluted Share
finance.yahoo.com - April 28 at 8:54 PM

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Chart

Synchrony Financial (SYF) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff