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: $24.57 billion
  • Outstanding Shares: 795,299,000
Average Prices:
  • 50 Day Moving Avg: $29.38
  • 200 Day Moving Avg: $32.30
  • 52 Week Range: $26.01 - $38.06
  • Trailing P/E Ratio: 11.54
  • Foreward P/E Ratio: 9.59
  • P/E Growth: 1.26
Sales & Book Value:
  • Annual Revenue: $7.04 billion
  • Price / Sales: 3.49
  • Book Value: $18.02 per share
  • Price / Book: 1.71
  • Annual Dividend: $0.52
  • Dividend Yield: 1.7%
  • Net Margins: 13.84%
  • Return on Equity: 15.30%
  • Return on Assets: 2.43%
  • Debt-to-Equity Ratio: 1.44%
  • Current Ratio: 1.47%
  • Quick Ratio: 1.47%
  • Average Volume: 9.70 million shs.
  • Beta: 1.01
  • Short Ratio: 1.71
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 paid 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 1.68%. The ex-dividend date of this dividend is Thursday, May 4th. View Synchrony Financial's Dividend History.

How will Synchrony Financial's stock buyback program work?

Synchrony Financial declared that its board has authorized a stock buyback plan on Sunday, June 4th 2017, which authorizes the company to buyback $1,640,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 7.6% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board of directors believes its stock is undervalued.

How were Synchrony Financial's earnings last quarter?

Synchrony Financial (NYSE:SYF) announced its quarterly earnings results on Friday, July, 21st. The company reported $0.61 earnings per share for the quarter, topping analysts' consensus estimates of $0.58 by $0.03. The business had revenue of $3.64 billion for the quarter, compared to the consensus estimate of $3.59 billion. Synchrony Financial had a return on equity of 15.30% and a net margin of 13.84%. During the same quarter in the previous year, the firm posted $0.58 earnings per share. 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, October, 19th 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 brokerages have issued 12 month price targets for Synchrony Financial's stock. Their forecasts range from $29.00 to $47.00. On average, they anticipate Synchrony Financial's share price to reach $37.13 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. According to Zacks Investment Research, "Synchrony Financial has been witnessing solid top-line improvement over the last few years driven by both organic and inorganic growth strategies. The company bolstered its inorganic growth through the acquisition of GPShopper.  Its regular investments in digitalization have also paved the way for long-term growth. We note that the company’s growth initiatives are largely supported by its financial health. The Zacks Consensus Estimate for the to-be-reported quarter is pegged at $0.58 reflecting 0.65% year over year growth. However, year to date, the shares of Synchrony Financial have lost 19%, much wider than the Zacks classified Financial Miscellaneous Services industry’s decline of 5%. The company has been incurring higher losses due to its exposure to fraudulent activities. The company’s earnings have been drained by rising expenses over last few years." (6/28/2017)
  • 2. 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)
  • 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 decline in short interest in June. As of June 30th, there was short interest totalling 14,746,746 shares, a decline of 24.1% from the June 15th total of 19,420,482 shares. Based on an average daily trading volume, of 7,239,653 shares, the days-to-cover ratio is presently 2.0 days. Approximately 1.8% of the shares of the stock are sold short.

Who are some of Synchrony Financial's key competitors?

Who are Synchrony Financial's key executives?

Synchrony Financial's management team includes the folowing people:

  • Margaret M. Keane, President, Chief Executive Officer, Director
  • Brian D. Doubles, Chief Financial Officer, Executive Vice President
  • Henry F. Greig, Executive Vice President, Chief Risk Officer
  • Jonathan S. Mothner, Executive Vice President, General Counsel, Secretary
  • David Fasoli, Executive Vice President and Chief Executive Officer—CareCredit
  • Glenn P. Marino, Executive Vice President, Chief Executive Officer - Payment Solutions and Chief Commercial Officer
  • Thomas M. Quindlen, Executive Vice President, Chief Executive Officer - Retail Card
  • David P. Melito, Senior Vice President, Chief Accounting Officer, Controller
  • Richard C. Hartnack, Non-Executive Independent Chairman of the Board
  • Paget L. Alves, Independent Director

Who owns Synchrony Financial stock?

Synchrony Financial's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include APG Asset Management N.V. (0.44%), Russell Investments Group Ltd. (0.30%), Rockefeller Financial Services Inc. (0.28%), Douglas Lane & Associates LLC (0.27%), DnB Asset Management AS (0.21%) and Vaughan Nelson Investment Management L.P. (0.19%). Company insiders that own Synchrony Financial stock include Brian D Doubles, David P Melito, Margaret M Keane, Paget Leonard Alves 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 Russell Investments Group Ltd., Vaughan Nelson Investment Management L.P., Armstrong Shaw Associates Inc. CT, Boston Advisors LLC, NN Investment Partners Holdings N.V., First American Bank, Exxonmobil Investment Management Inc. TX and Hartford Investment Management Co.. 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 APG Asset Management N.V., Rockefeller Financial Services Inc., DnB Asset Management AS, Handelsbanken Fonder AB, Douglas Lane & Associates LLC, Mn Services Vermogensbeheer B.V., Osborne Partners Capital Management LLC and Bank of The West. Company insiders that have bought Synchrony Financial stock in the last two years include Paget Leonard Alves and Will W Graylin. 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.

What is Synchrony Financial's stock price today?

One share of Synchrony Financial stock can currently be purchased for approximately $30.89.

MarketBeat Community Rating for Synchrony Financial (NYSE SYF)
Community Ranking:  3.6 out of 5 (  )
Outperform Votes:  486 (Vote Outperform)
Underperform Votes:  183 (Vote Underperform)
Total Votes:  669
MarketBeat's community ratings are surveys of what our community members think about Synchrony Financial and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Synchrony Financial (NYSE:SYF) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 7 Hold Ratings, 16 Buy Ratings
Consensus Rating:Buy (Score: 2.70)
Consensus Price Target: $37.13 (20.18% upside)

Analysts' Ratings History for Synchrony Financial (NYSE:SYF)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/25/2017Morgan StanleyReiterated RatingOverweight$33.00 -> $35.00LowView Rating Details
7/22/2017Oppenheimer Holdings, Inc.Reiterated RatingHoldLowView Rating Details
7/21/2017BMO Capital MarketsReiterated RatingBuyLowView Rating Details
7/14/2017Jefferies Group LLCReiterated RatingBuy$40.00LowView Rating Details
7/12/2017InstinetReiterated RatingBuy$38.00 -> $35.00LowView Rating Details
5/24/2017BTIG ResearchReiterated RatingBuy$36.00LowView Rating Details
5/3/2017GuggenheimDowngradeBuy -> Neutral$38.00 -> $32.00LowView Rating Details
5/1/2017Barclays PLCBoost Price TargetOverweight$36.00 -> $47.00LowView Rating Details
5/1/2017Citigroup Inc.Lower Price TargetBuy$43.00 -> $35.00LowView Rating Details
5/1/2017JMP SecuritiesReiterated RatingOutperform$41.00 -> $35.00MediumView 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, Inc. (The)DowngradeConviction-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
3/29/2017Wells Fargo & CompanyInitiated CoverageOutperform -> OutperformLowView Rating Details
1/23/2017Sanford C. BernsteinBoost Price TargetOutperform$39.00 -> $45.00N/AView Rating Details
12/15/2016Bank of America CorporationUpgradeNeutral -> 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 GroupSet Price TargetBuy$37.00N/AView Rating Details
9/22/2016NomuraReiterated RatingBuy$34.00N/AView Rating Details
7/9/2016J P Morgan Chase & CoReiterated RatingBuyN/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
(Data available from 7/25/2015 forward)


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
10/19/2017N/AView Earnings Details
7/21/2017Q2 2017$0.58$0.61$3.59 billion$3.64 billionViewN/AView Earnings Details
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)


Earnings Estimates for Synchrony Financial (NYSE:SYF)
2017 EPS Consensus Estimate: $2.83
2018 EPS Consensus Estimate: $3.37
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.71$0.80$0.75
Q2 20174$0.53$0.76$0.65
Q3 20174$0.62$0.79$0.72
Q4 20174$0.69$0.76$0.72
Q1 20182$0.76$0.90$0.83
Q2 20182$0.83$0.93$0.88
Q3 20182$0.80$0.90$0.85
Q4 20182$0.77$0.84$0.81
(Data provided by Zacks Investment Research)


Current Dividend Information for Synchrony Financial (NYSE:SYF)
Most Recent Dividend:5/18/2017
Annual Dividend:$0.52
Dividend Yield:1.68%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:19.62% (Trailing 12 Months of Earnings)
20.00% (Based on This Year's Estimates)
16.15% (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
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Synchrony Financial (NYSE:SYF)
Insider Ownership Percentage: 0.03%
Institutional Ownership Percentage: 88.23%
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
7/24/2017Paget Leonard AlvesDirectorBuy2,000$30.85$61,700.00View SEC Filing  
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)


Headline Trends for Synchrony Financial (NYSE:SYF)
Latest Headlines for Synchrony Financial (NYSE:SYF)
DateHeadline logoSynchrony Financial (SYF) Director Paget Leonard Alves Buys 2,000 Shares - July 25 at 7:51 PM logoSynchrony Financial (SYF) Receives "Overweight" Rating from Morgan Stanley - July 25 at 7:03 PM logoJefferies Group Weighs in on Synchrony Financial's Q4 2017 Earnings (NYSE:SYF) - July 25 at 12:34 PM logoSynchrony Financial (SYF) Forecasted to Post Q3 2017 Earnings of $0.70 Per Share - July 25 at 8:00 AM logoSynchrony Financial (NYSE:SYF) Given Average Rating of "Buy" by Brokerages - July 24 at 11:52 AM logoSynchrony Financial's (SYF) "Hold" Rating Reiterated at Oppenheimer Holdings, Inc. - July 23 at 10:02 PM logoSynchrony Financial (SYF) Beats on Q2 Earnings, Revenues - July 23 at 8:33 AM logoZacks: Analysts Anticipate Synchrony Financial (NYSE:SYF) Will Post Quarterly Sales of $3.80 Billion - July 22 at 1:02 PM logoSynchrony Financial (NYSE:SYF) Receives Buy Rating from BMO Capital Markets - July 22 at 11:34 AM logoShould You Buy Synchrony Financial (SYF) Ahead of Earnings? - Nasdaq - July 22 at 9:20 AM logoSynchrony Financial beats estimates; credit metrics worsen - Seeking Alpha - July 22 at 9:20 AM logoSynchrony Financial (SYF) CEO Margaret Keane on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha - July 22 at 9:20 AM logoEdited Transcript of SYF earnings conference call or presentation 21-Jul-17 12:30pm GMT - July 22 at 9:20 AM logoSynchrony Financial's Second Quarter Points to Better Credit Performance - July 22 at 9:20 AM logoSynchrony tops Street 2Q forecasts - July 22 at 9:20 AM logo[$$] Synchrony Financial Beats Forecasts on Higher Consumer Debt - July 22 at 9:19 AM logoSynchrony Financial's Second Quarter Points to Better Credit Performance - July 21 at 5:10 PM logoSynchrony Financial (SYF) Announces Quarterly Earnings Results, Beats Estimates By $0.04 EPS - July 21 at 12:38 PM logoSynchrony Financial: Worth A Look Heading Into The Q2 2017 Earnings Release - July 21 at 7:38 AM logoShould You Buy Synchrony Financial (SYF) Ahead of Earnings? - July 21 at 7:38 AM logoSynchrony Financial (SYF) Expected to Post Earnings of $0.58 Per Share - July 20 at 9:53 AM logoSynchrony Financial (SYF) Q2 Earnings: What's in the Cards? - Nasdaq - July 20 at 8:21 AM logoSynchrony Financial (SYF) Q2 Earnings: What's in the Cards? - July 20 at 8:21 AM logoStocks Under Scanner in the Credit Services Space -- PayPal, LendingClub, Synchrony Financial, and Visa - PR Newswire (press release) - July 19 at 7:53 AM logoIs Synchrony Financial a Great Stock for Value Investors? - Nasdaq - July 19 at 7:53 AM logoShort Interest in Synchrony Financial (SYF) Decreases By 24.1% - July 19 at 7:19 AM logoStocks Under Scanner in the Credit Services Space -- PayPal, LendingClub, Synchrony Financial, and Visa - July 18 at 8:42 AM logoCareCredit Enters the Durable Medical Equipment Market with OxyGo Partnership - July 18 at 8:42 AM logoSynchrony Financial's (SYF) Buy Rating Reiterated at Jefferies Group LLC - July 15 at 12:16 AM logoETFs with exposure to Synchrony Financial : July 13, 2017 - July 14 at 8:54 AM logoSynchrony Financial (SYF) Scheduled to Post Earnings on Friday - July 14 at 8:10 AM logoQ4 2017 EPS Estimates for Synchrony Financial Reduced by Oppenheimer Holdings (NYSE:SYF) - July 12 at 12:17 PM logoSynchrony Financial's (SYF) Buy Rating Reaffirmed at Instinet - July 12 at 10:04 AM logoSynchrony Financial (NYSE:SYF) to Post Q2 2017 Earnings of $0.59 Per Share, Oppenheimer Holdings Forecasts - July 11 at 7:37 AM logoSynchrony Financial Rides on Acquisitions, High Costs a Woe - July 6 at 3:48 PM logoSynchrony Financial Rides on Acquisitions, High Costs a Woe - Nasdaq - July 6 at 11:44 AM logoSynchrony Financial (NYSE:SYF) Short Interest Update - July 2 at 7:11 AM logoSynchrony Financial to Announce Second Quarter 2017 Financial Results on July 21, 2017 - June 30 at 7:06 AM logoIs Anything Safe from the Retail Rout? - Barron's - June 29 at 7:10 AM logoSynchrony Financial (SYF) Rating Increased to Hold at Zacks Investment Research - June 28 at 1:50 PM logoSynchrony Financial (SYF) Given Average Rating of "Buy" by Analysts - June 27 at 11:28 AM logo Brokerages Expect Synchrony Financial (SYF) Will Post Quarterly Sales of $3.59 Billion - June 25 at 7:48 AM logo$0.58 EPS Expected for Synchrony Financial (SYF) This Quarter - June 23 at 10:22 PM logoInvestors Purchase Large Volume of Synchrony Financial Put Options (SYF) - June 19 at 5:38 PM logoSynchrony Financial (SYF) Upgraded to "Buy" by BidaskClub - June 17 at 3:32 PM logoSynchrony Financial breached its 50 day moving average in a Bullish Manner : SYF-US : June 16, 2017 - June 17 at 6:29 AM logoSynchrony Financial (SYF) Upgraded by ValuEngine to Buy - June 15 at 8:10 PM logoSynchrony Financial credit-card charge-offs and delinquencies both dip in May - June 15 at 4:33 PM logoFor GE's Jeff Immelt, Hundreds Of Deals And $575 Billion Didn't Yield A Higher Stock Price - June 15 at 4:33 PM logoFitch Rates Synchrony Bank's Senior Unsecured Notes 'BBB-' - June 12 at 7:33 PM



Synchrony Financial (SYF) Chart for Tuesday, July, 25, 2017

This page was last updated on 7/25/2017 by Staff