NYSE:SYF

Synchrony Financial (SYF) Stock Price, News & Analysis

$43.94
+0.46 (+1.06%)
(As of 05/17/2024 ET)
Today's Range
$43.53
$44.03
50-Day Range
$39.68
$46.24
52-Week Range
$27.30
$46.72
Volume
2.83 million shs
Average Volume
4.73 million shs
Market Capitalization
$17.64 billion
P/E Ratio
6.30
Dividend Yield
2.28%
Price Target
$43.74

Synchrony Financial MarketRank™ Stock Analysis

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
0.5% Downside
$43.74 Price Target
Short Interest
Healthy
2.87% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.43
Upright™ Environmental Score
News Sentiment
0.64mentions of Synchrony Financial in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$7.24 M Sold Last Quarter
Proj. Earnings Growth
7.65%
From $5.75 to $6.19 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.85 out of 5 stars

Finance Sector

42nd out of 858 stocks

Nondepository Credit Institutions Industry

1st out of 48 stocks

SYF stock logo

About Synchrony Financial Stock (NYSE:SYF)

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. In addition, it provides debt cancellation products to its credit card customers through online, mobile, and direct mail; and healthcare payments and financing solutions under the CareCredit and Walgreens brands; payments and financing solutions in the apparel, specialty retail, outdoor, music, and luxury industries, such as American Eagle, Dick's Sporting Goods, Guitar Center, Kawasaki, Pandora, Polaris, Suzuki, and Sweetwater. The company offers its credit products through programs established with a group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations, and healthcare service providers; and deposit products through various channels, such as digital and print. It serves digital, health and wellness, retail, home, auto, telecommunications, jewelry, pets, and other industries. The company was founded in 1932 and is headquartered in Stamford, Connecticut.

SYF Stock Price History

SYF Stock News Headlines

KBW Remains a Buy on Synchrony Financial (SYF)
Synchrony Financial: Finally Getting Credit
Q1 2024 Synchrony Financial Earnings Call
Synchrony: Q1 Earnings Snapshot
See More Headlines
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Company Calendar

Last Earnings
4/24/2024
Ex-Dividend for 5/15 Dividend
5/03/2024
Dividend Payable
5/15/2024
Today
5/18/2024
Next Earnings (Estimated)
7/16/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Nondepository credit institutions
Sub-Industry
N/A
Fax
N/A
Employees
20,000
Year Founded
2003

Price Target and Rating

Average Stock Price Target
$43.74
High Stock Price Target
$62.00
Low Stock Price Target
$30.00
Potential Upside/Downside
-0.5%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
20 Analysts

Profitability

Net Income
$2.24 billion
Pretax Margin
17.66%

Debt

Sales & Book Value

Annual Sales
$20.71 billion
Cash Flow
$6.59 per share
Book Value
$35.01 per share

Miscellaneous

Free Float
398,934,000
Market Cap
$17.64 billion
Optionable
Optionable
Beta
1.58

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SYF Stock Analysis - Frequently Asked Questions

Should I buy or sell Synchrony Financial stock right now?

20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Synchrony Financial in the last twelve months. There are currently 1 sell rating, 10 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SYF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SYF, but not buy additional shares or sell existing shares.
View SYF analyst ratings
or view top-rated stocks.

What is Synchrony Financial's stock price target for 2024?

20 brokerages have issued twelve-month target prices for Synchrony Financial's stock. Their SYF share price targets range from $30.00 to $62.00. On average, they anticipate the company's stock price to reach $43.74 in the next year. This suggests that the stock has a possible downside of 0.5%.
View analysts price targets for SYF
or view top-rated stocks among Wall Street analysts.

How have SYF shares performed in 2024?

Synchrony Financial's stock was trading at $38.19 at the beginning of 2024. Since then, SYF stock has increased by 15.1% and is now trading at $43.94.
View the best growth stocks for 2024 here
.

When is Synchrony Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 16th 2024.
View our SYF earnings forecast
.

How were Synchrony Financial's earnings last quarter?

Synchrony Financial (NYSE:SYF) posted its earnings results on Wednesday, April, 24th. The financial services provider reported $1.18 earnings per share for the quarter, missing analysts' consensus estimates of $1.37 by $0.19. The financial services provider had revenue of $5.57 billion for the quarter, compared to analyst estimates of $4.44 billion. Synchrony Financial had a trailing twelve-month return on equity of 16.01% and a net margin of 13.49%. During the same period in the prior year, the company posted $1.35 earnings per share.
Read the conference call transcript
.

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

Synchrony Financial announced a quarterly dividend on Wednesday, April 24th. Stockholders of record on Monday, May 6th will be given a dividend of $0.25 per share on Wednesday, May 15th. This represents a $1.00 annualized dividend and a yield of 2.28%. The ex-dividend date of this dividend is Friday, May 3rd.
Read our dividend analysis for SYF
.

Is Synchrony Financial a good dividend stock?

Synchrony Financial (NYSE:SYF) pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.30%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 14.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SYF will have a dividend payout ratio of 16.16% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SYF.

How will Synchrony Financial's stock buyback program work?

Synchrony Financial declared that its Board of Directors has approved a share buyback program on Wednesday, April 24th 2024, which allows the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 5.5% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's management believes its stock is undervalued.

What is Margaret M. Keane's approval rating as Synchrony Financial's CEO?

598 employees have rated Synchrony Financial Chief Executive Officer Margaret M. Keane on Glassdoor.com. Margaret M. Keane has an approval rating of 94% among the company's employees. This puts Margaret M. Keane in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Synchrony Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Synchrony Financial investors own include Bank of America (BAC), AT&T (T), Intel (INTC), General Electric (GE), Cisco Systems (CSCO), Micron Technology (MU), Wells Fargo & Company (WFC), Verizon Communications (VZ), QUALCOMM (QCOM) and NVIDIA (NVDA).

Who are Synchrony Financial's major shareholders?

Synchrony Financial's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (12.70%), Assenagon Asset Management S.A. (1.38%), Bank of New York Mellon Corp (1.12%), Jacobs Levy Equity Management Inc. (0.87%), Nordea Investment Management AB (0.67%) and LSV Asset Management (0.46%). Insiders that own company stock include Alberto Casellas, Bart Schaller, Brian D Doubles, Carol Juel, Curtis Howse, David P Melito and Margaret M Keane.
View institutional ownership trends
.

How do I buy shares of Synchrony Financial?

Shares of SYF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Synchrony Financial have any subsidiaries?
The following companies are subsidiares of Synchrony Financial: CareCredit LLC, GPShopper, GPShopper LLC, Loop Commerce Inc., Pets Best, RFS Holding Inc., RFS Holding L.L.C., Retail Finance Credit Services LLC, Retail Finance International Holdings Inc., Retail Finance Servicing LLC, Synchrony Bank, Synchrony Card Funding LLC, Synchrony Financial Canada, Synchrony Financial Canada Company, Synchrony Financial Services Puerto Rico LLC, Synchrony Global Services Philippines Inc., Synchrony Holding Company, Synchrony International Resource Management LLC, Synchrony International Services Private Limited, Synchrony Lending Inc., and Synchrony Sales Finance Holding LLC.
Read More
This page (NYSE:SYF) was last updated on 5/18/2024 by MarketBeat.com Staff

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