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Biden to sign massive climate and health care legislation
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“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
NYSE:SYF

Synchrony Financial - SYF Stock Forecast, Price & News

$36.03
+0.28 (+0.78%)
(As of 08/16/2022 12:00 AM ET)
Add
Compare
Today's Range
$35.43
$36.27
50-Day Range
$27.62
$36.37
52-Week Range
$27.22
$52.49
Volume
3.01 million shs
Average Volume
6.68 million shs
Market Capitalization
$17.36 billion
P/E Ratio
5.26
Dividend Yield
2.57%
Price Target
$44.88

Synchrony Financial MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
24.5% Upside
$44.88 Price Target
Short Interest
Healthy
2.45% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.43
Upright™ Environmental Score
News Sentiment
0.07mentions of Synchrony Financial in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-5.00%
From $5.80 to $5.51 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.75 out of 5 stars

Finance Sector

79th out of 924 stocks

Nondepository Credit Institutions Industry

4th out of 33 stocks

SYF stock logo

About Synchrony Financial (NYSE:SYF) Stock

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 cards, 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 to retail and commercial customers, 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; healthcare payments and financing solutions under the CareCredit, Pets Best, and Walgreens brands; payments and financing solutions in the apparel, specialty retail, outdoor, music, and luxury industries; and point-of-sale consumer financing for audiology products and dental services. 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, powersports, jewelry, pets, and other industries. Synchrony Financial was founded in 1932 and is headquartered in Stamford, Connecticut.

Synchrony Financial Stock Performance

Shares of NYSE:SYF traded up $0.28 during midday trading on Tuesday, hitting $36.03. The company had a trading volume of 3,007,950 shares, compared to its average volume of 6,680,528. The company has a market cap of $17.36 billion, a price-to-earnings ratio of 5.22, a PEG ratio of 0.27 and a beta of 1.57. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.21 and a quick ratio of 1.21. The company has a fifty day moving average of $31.55 and a two-hundred day moving average of $35.75. Synchrony Financial has a 12-month low of $27.22 and a 12-month high of $52.49.

Synchrony Financial (NYSE:SYF - Get Rating) last issued its quarterly earnings results on Monday, July 18th. The financial services provider reported $1.60 EPS for the quarter, topping analysts' consensus estimates of $1.47 by $0.13. Synchrony Financial had a return on equity of 27.06% and a net margin of 22.76%. During the same period in the previous year, the business earned $2.12 earnings per share. On average, equities research analysts expect that Synchrony Financial will post 5.8 EPS for the current fiscal year.

Synchrony Financial Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, August 11th. Shareholders of record on Monday, August 1st were issued a dividend of $0.23 per share. The ex-dividend date was Friday, July 29th. This represents a $0.92 annualized dividend and a yield of 2.55%. This is an increase from Synchrony Financial's previous quarterly dividend of $0.22. Synchrony Financial's payout ratio is currently 13.43%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. BMO Capital Markets raised their price target on shares of Synchrony Financial from $49.00 to $52.00 and gave the company an "outperform" rating in a research report on Tuesday, April 19th. The Goldman Sachs Group upped their price target on Synchrony Financial from $40.00 to $45.00 and gave the company a "buy" rating in a report on Tuesday, April 19th. Piper Sandler set a $41.00 price objective on Synchrony Financial in a report on Tuesday, July 19th. Keefe, Bruyette & Woods decreased their target price on Synchrony Financial from $59.00 to $46.00 in a research report on Monday, July 11th. Finally, TheStreet downgraded shares of Synchrony Financial from a "b-" rating to a "c+" rating in a report on Tuesday, July 19th. One analyst has rated the stock with a sell rating, four have given a hold rating and twelve have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $45.76.

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SYF Stock News Headlines

Wall Street ticks higher as corporate profit reports ramp up
Stocks are ticking higher on Wall Street on Monday ahead of another busy week for profit reports from U.S. companies
Why Synchrony's Stock Price Soared 21.1% in July
Better Buy: Synchrony Financial vs. Affirm Holdings
5 Large-Cap Growth Stocks to Sell Now
See More Headlines
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SYF Company Calendar

Last Earnings
7/18/2022
Ex-Dividend for 8/11 Dividend
7/29/2022
Dividend Payable
8/11/2022
Today
8/16/2022
Next Earnings (Estimated)
10/18/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Nondepository credit institutions
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
18,000
Year Founded
2003

Price Target and Rating

Average Stock Price Forecast
$44.88
High Stock Price Forecast
$65.00
Low Stock Price Forecast
$22.00
Forecasted Upside/Downside
+24.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
15 Analysts

Profitability

Net Income
$4.22 billion
Pretax Margin
29.89%

Debt

Sales & Book Value

Annual Sales
$15.75 billion
Cash Flow
$8.06 per share
Book Value
$23.61 per share

Miscellaneous

Free Float
479,109,000
Market Cap
$17.36 billion
Optionable
Optionable
Beta
1.57

Social Links


Key Executives














SYF Stock - Frequently Asked Questions

Should I buy or sell Synchrony Financial stock right now?

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Synchrony Financial in the last year. There are currently 1 sell rating, 4 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SYF shares.
View SYF analyst ratings
or view top-rated stocks.

What is Synchrony Financial's stock price forecast for 2022?

15 Wall Street research analysts have issued twelve-month target prices for Synchrony Financial's stock. Their SYF share price forecasts range from $22.00 to $65.00. On average, they predict the company's stock price to reach $44.88 in the next year. This suggests a possible upside of 24.5% from the stock's current price.
View analysts price targets for SYF
or view top-rated stocks among Wall Street analysts.

How have SYF shares performed in 2022?

Synchrony Financial's stock was trading at $46.39 on January 1st, 2022. Since then, SYF stock has decreased by 22.3% and is now trading at $36.03.
View the best growth stocks for 2022 here
.

When is Synchrony Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 18th 2022.
View our SYF earnings forecast
.

How were Synchrony Financial's earnings last quarter?

Synchrony Financial (NYSE:SYF) released its earnings results on Monday, July, 18th. The financial services provider reported $1.60 EPS for the quarter, beating the consensus estimate of $1.47 by $0.13. Synchrony Financial had a trailing twelve-month return on equity of 27.06% and a net margin of 22.76%. During the same quarter last year, the business posted $2.12 EPS.
Read the conference call transcript
.

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

Synchrony Financial declared a quarterly dividend on Thursday, July 21st. Shareholders of record on Monday, August 1st will be given a dividend of $0.23 per share on Thursday, August 11th. This represents a $0.92 annualized dividend and a dividend yield of 2.55%. The ex-dividend date of this dividend is Friday, July 29th. This is a boost from the stock's previous quarterly dividend of $0.22.
Read our dividend analysis for SYF
.

Is Synchrony Financial a good dividend stock?

Synchrony Financial (NYSE:SYF) pays an annual dividend of $0.92 per share and currently has a dividend yield of 2.57%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 13.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SYF will have a dividend payout ratio of 16.70% 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 repurchase program on Monday, April 18th 2022, which permits the company to repurchase $2,800,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 13.6% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board 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).

What is Synchrony Financial's stock symbol?

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

Who are Synchrony Financial's major shareholders?

Synchrony Financial's stock is owned by many different retail and institutional investors. Top institutional shareholders include FMR LLC (5.38%), State Street Corp (4.70%), Northern Trust Corp (1.28%), CI Investments Inc. (1.18%), Artisan Partners Limited Partnership (0.98%) and Millennium Management LLC (0.85%). Insiders that own company stock include Carol Juel, David P Melito, Laurel Richie, Paul Whynott, PW Parker and Will W Graylin.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Synchrony Financial's stock price today?

One share of SYF stock can currently be purchased for approximately $36.03.

How much money does Synchrony Financial make?

Synchrony Financial (NYSE:SYF) has a market capitalization of $17.36 billion and generates $15.75 billion in revenue each year. The financial services provider earns $4.22 billion in net income (profit) each year or $6.85 on an earnings per share basis.

How many employees does Synchrony Financial have?

The company employs 18,000 workers across the globe.

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
When was Synchrony Financial founded?

Synchrony Financial was founded in 2003.

How can I contact Synchrony Financial?

Synchrony Financial's mailing address is 777 LONG RIDGE ROAD, STAMFORD CT, 06902. The official website for the company is www.synchronyfinancial.com. The financial services provider can be reached via phone at (203) 585-2400 or via email at investorrelations@syf.com.

This page (NYSE:SYF) was last updated on 8/17/2022 by MarketBeat.com Staff

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