Synchrony 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:
- Market Cap: $22.08 billion
- Outstanding Shares: 811,013,000
- 50 Day Moving Avg: $30.10
- 200 Day Moving Avg: $34.06
- 52 Week Range: $23.25 - $38.06
Sales & Book Value:
- Trailing P/E Ratio: 10.23
- Foreward P/E Ratio: 8.54
- P/E Growth: 1.16
- Annual Revenue: $6.95 billion
- Price / Sales: 3.18
- Book Value: $17.71 per share
- Price / Book: 1.54
- Annual Dividend: $0.52
- Dividend Yield: 1.9%
- Net Margins: 15.15%
- Return on Equity: 16.34%
- Return on Assets: 2.64%
- Debt-to-Equity Ratio: 1.42%
- Current Ratio: 1.46%
- Quick Ratio: 1.51%
- 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 announced a quarterly dividend on Thursday, April 27th. Shareholders of record on Monday, May 8th will be given a dividend of $0.13 per share on Thursday, May 18th. This represents a $0.52 dividend on an annualized basis and a 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 EPS for the quarter, missing the Zacks' consensus estimate of $0.74 by $0.13. The firm had revenue of $3.59 billion for the quarter, compared to the consensus estimate of $3.54 billion. Synchrony Financial had a return on equity of 16.34% and a net margin of 15.15%. During the same period in the prior year, the business earned $0.70 earnings per share. View Synchrony Financial's Earnings History.
When will Synchrony Financial make its next earnings announcement?
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 stock. Their predictions range from $29.00 to $47.00. On average, they expect 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 trading volume of 14,826,247 shares, the short-interest ratio is presently 0.8 days. Currently, 1.6% of the shares of the company are short sold.
Who are some of Synchrony Financial's key competitors?
Some companies that are related to Synchrony Financial include Capital One Financial Corp. (COF), Discover Financial Services (DFS), Equifax (EFX), Total System Services (TSS), CIT Group (CIT), The Western Union Company (WU), Springleaf Holdings (LEAF), SLM Corp (SLM), Credit Acceptance Corp. (CACC), Navient Corp (NAVI), FirstCash (FCFS), Blackhawk Network Holdings (HAWK), LendingClub Corp (LC), Green Dot (GDOT), Nelnet (NNI), Qiwi PLC (QIWI), Triangle Capital (TCAP) and PHH (PHH).
Who owns Synchrony Financial stock?
Synchrony Financial's stock is owned by many different of retail and institutional 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 bought 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.
Earnings History for Synchrony Financial (NYSE:SYF)Earnings History by Quarter for Synchrony Financial (NYSE:SYF)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/20/2017|| || || || || || || || |
|4/28/2017||Q1 2017||$0.74||$0.61||$3.54 billion||$3.59 billion||View||N/A|
|1/20/2017||Q416||$0.67||$0.70||$3.51 billion||$3.63 billion||View||N/A|
|10/21/2016||Q316||$0.69||$0.73||$3.30 billion||$3.48 billion||View||Listen|
|7/22/2016||Q216||$0.54||$0.58||$3.26 billion||$3.21 billion||View||Listen|
|4/22/2016||Q116||$0.69||$0.70||$3.17 billion||$3.21 billion||View||Listen|
|1/22/2016||Q415||$0.63||$0.65||$3.20 billion||$3.21 billion||View||Listen|
|10/16/2015||Q315||$0.66||$0.69||$3.02 billion||$2.46 billion||View||Listen|
|7/17/2015||Q215||$0.62||$0.65||$2.77 billion||$2.41 billion||View||Listen|
|4/17/2015||Q115||$0.64||$0.66||$2.80 billion||$2.88 billion||View||N/A|
|1/23/2015||Q414||$0.60||$0.64||$2.81 billion||$2.28 billion||View||N/A|
|10/17/2014||Q3||$0.67||$0.70||$2.25 billion||$2.19 billion||View||Listen|
Earnings Estimates for Synchrony Financial (NYSE:SYF)
2017 EPS Consensus Estimate: $2.90
2018 EPS Consensus Estimate: $3.34
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Synchrony Financial (NYSE:SYF)
|Most Recent Dividend:||5/18/2017|
|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 History by Quarter for Synchrony Financial (NYSE:SYF)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Synchrony Financial (NYSE:SYF)
Insider Ownership Percentage: 0.02%Insider Trades by Quarter for Synchrony Financial (NYSE:SYF)
Institutional Ownership Percentage: 89.10%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/1/2017||Will W Graylin||Director||Buy||18,000||$27.80||$500,400.00|| |
|4/5/2017||David P Melito||Insider||Sell||748||$34.24||$25,611.52|| |
|4/3/2017||David P Melito||Insider||Sell||600||$34.11||$20,466.00|| |
|2/28/2017||Brian D Doubles||Insider||Sell||8,109||$36.13||$292,978.17|| |
|1/4/2017||David P Melito||Insider||Sell||1,392||$38.00||$52,896.00|| |
|11/22/2016||Margaret M Keane||Insider||Sell||6,000||$34.00||$204,000.00|| |
|11/21/2016||David P Melito||Insider||Sell||2,159||$33.54||$72,412.86|| |
|11/9/2016||Margaret M Keane||Insider||Sell||2,000||$30.00||$60,000.00|| |
|5/24/2016||Brian D Doubles||Insider||Sell||1,000||$30.00||$30,000.00|| |
|7/31/2014||Roy A Guthrie||Director||Buy||10,000||$23.00||$230,000.00|| |
|7/31/2014||Thomas M Quindlen||Insider||Buy||1,000||$23.00||$23,000.00|| |
Headline Trends for Synchrony Financial (NYSE:SYF)
Latest Headlines for Synchrony Financial (NYSE:SYF)
|Just Checking - Did You Take My Advice on Synchrony Financial?|
finance.yahoo.com - May 25 at 3:45 AM
|Synchrony Financial (SYF) Stock Rating Reaffirmed by BTIG Research|
www.americanbankingnews.com - May 24 at 4:32 PM
|The contrarian investor’s best bet is coming down the pike|
finance.yahoo.com - May 24 at 9:04 AM
|Synchrony Financial (SYF) to Increase Quarterly Dividend to $0.15, Approves $1.64B Share Repurchase Program|
www.streetinsider.com - May 20 at 7:39 PM
|ETFs with exposure to Synchrony Financial : May 19, 2017|
finance.yahoo.com - May 20 at 7:23 AM
|Synchrony 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
|Synchrony 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
|Synchrony Financial to buy back up to $1.64 billion in shares, hikes dividend|
finance.yahoo.com - May 19 at 12:55 PM
|Synchrony Financial Hikes Dividend, Announces $1.64 Billion Share Buyback Program|
finance.yahoo.com - May 19 at 12:55 PM
|Synchrony Financial (SYF) Downgraded by Wells Fargo & Co to Equal Weight|
www.americanbankingnews.com - May 19 at 9:34 AM
|Synchrony Financial Announces the Signing of a Multi-Year Contract with e-Commerce Retailer, zulily|
finance.yahoo.com - May 9 at 7:36 PM
|ETFs with exposure to Synchrony Financial : May 8, 2017|
finance.yahoo.com - May 8 at 7:37 PM
|Weekly Top Insider Buys Highlights|
finance.yahoo.com - May 8 at 10:35 AM
|Synchrony Financial (SYF) Downgraded to Strong Sell at Zacks Investment Research|
www.americanbankingnews.com - May 7 at 2:52 PM
|Synchrony Financial (SYF) Expected to Announce Quarterly Sales of $3.6 Billion|
www.americanbankingnews.com - May 6 at 7:40 AM
|Synchrony Financial :SYF-US: Earnings Analysis: Q1, 2017 By the Numbers : May 5, 2017|
finance.yahoo.com - May 5 at 11:26 PM
|Synchrony Financial (SYF) Given Daily News Sentiment Rating of 0.06|
www.americanbankingnews.com - May 5 at 10:57 PM
|Synchrony Financial (SYF) Given Consensus Rating of "Buy" by Analysts|
www.americanbankingnews.com - May 5 at 7:00 PM
|Zacks: Brokerages Anticipate Synchrony Financial (SYF) to Announce $0.60 Earnings Per Share|
www.americanbankingnews.com - May 4 at 11:42 PM
|Synchrony 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
|New Nissan credit card program drives rewards on everyday purchases|
finance.yahoo.com - May 4 at 11:05 PM
|View From the Top: How to Be Successful|
finance.yahoo.com - May 3 at 11:19 PM
|Oppenheimer Holdings Analysts Reduce Earnings Estimates for Synchrony Financial (SYF)|
www.americanbankingnews.com - May 3 at 5:12 PM
|Synchrony Financial to Post Q2 2017 Earnings of $0.50 Per Share, Jefferies Group Forecasts (SYF)|
www.americanbankingnews.com - May 3 at 7:46 AM
|Traders Buy High Volume of Put Options on Synchrony Financial (SYF)|
www.americanbankingnews.com - May 3 at 7:22 AM
|Will W. Graylin Acquires 18,000 Shares of Synchrony Financial (SYF) Stock|
www.americanbankingnews.com - May 2 at 9:28 PM
|Synchrony Financial (SYF) Receives Daily Coverage Optimism Score of 0.21|
www.americanbankingnews.com - May 2 at 8:12 PM
|Jefferies Group Weighs in on Synchrony Financial's FY2018 Earnings (SYF)|
www.americanbankingnews.com - May 2 at 3:32 PM
|Synchrony Financial: Higher Loss Provisions Bite First-Quarter Earnings|
www.fool.com - May 2 at 2:28 PM
|Q2 2017 EPS Estimates for Synchrony Financial (SYF) Lowered by Oppenheimer Holdings|
www.americanbankingnews.com - May 2 at 8:10 AM
|Synchrony Financial (SYF) Rating Lowered to Equal Weight at Stephens|
www.americanbankingnews.com - May 2 at 12:04 AM
|Citigroup Inc Reiterates Buy Rating for Synchrony Financial (SYF)|
www.americanbankingnews.com - May 1 at 10:52 PM
|Barclays PLC Reaffirms Overweight Rating for Synchrony Financial (SYF)|
www.americanbankingnews.com - May 1 at 10:42 PM
|Synchrony Financial (SYF) Receives "Hold" Rating from Oppenheimer Holdings Inc.|
www.americanbankingnews.com - May 1 at 8:58 PM
|Synchrony Financial (SYF) Receives Outperform Rating from JMP Securities|
www.americanbankingnews.com - May 1 at 4:40 PM
|Synchrony Financial (SYF) Given "Buy" Rating at BTIG Research|
www.americanbankingnews.com - May 1 at 3:36 PM
|Synchrony Financial (SYF) Stock Rating Reaffirmed by DA Davidson|
www.americanbankingnews.com - May 1 at 3:00 PM
|Synchrony Financial (SYF) Given "Buy" Rating at Jefferies Group LLC|
www.americanbankingnews.com - May 1 at 1:40 PM
|Deutsche Bank AG Reiterates Hold Rating for Synchrony Financial (SYF)|
www.americanbankingnews.com - May 1 at 12:50 PM
|Synchrony Financial tepidly defended at BTIG; shares down another 1.3%|
seekingalpha.com - May 1 at 11:52 AM
|Synchrony Financial (SYF) PT Lowered to $36 at Barclays - StreetInsider.com|
www.streetinsider.com - May 1 at 11:19 AM
|Synchrony Financial Named as CIO 100 Award Winner for the Third Year in a Row|
finance.yahoo.com - May 1 at 11:19 AM
|Goldman Sachs Downgrades Synchrony Financial (SYF) to Neutral, Says Expectations Are Out Sync - StreetInsider.com|
www.streetinsider.com - April 30 at 3:40 PM
|Synchrony Financial: Investors Should Be Concerned, But Not Too Concerned|
seekingalpha.com - April 29 at 8:44 PM
|Somewhat Critical Media Coverage Likely to Impact Synchrony Financial (SYF) Stock Price|
www.americanbankingnews.com - April 29 at 3:35 PM
|Edited Transcript of SYF earnings conference call or presentation 28-Apr-17 12:30pm GMT|
finance.yahoo.com - April 29 at 1:54 AM
|Synchrony Financial (SYF) Downgraded to Neutral at Goldman Sachs Group Inc|
www.americanbankingnews.com - April 29 at 1:11 AM
|Synchrony Financial (SYF) Releases Earnings Results, Misses Expectations By $0.12 EPS|
www.americanbankingnews.com - April 28 at 9:08 PM
|Synchrony Financial (SYF) Q1 2017 Results - Earnings Call Transcript|
seekingalpha.com - April 28 at 8:54 PM
|Synchrony Financial Reports First Quarter Net Earnings of $499 Million or $0.61 Per Diluted Share|
finance.yahoo.com - April 28 at 8:54 PM
Synchrony Financial (SYF) Chart for Friday, May, 26, 2017