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: $23.43853 billion
  • Outstanding Shares: 795,335,000
Average Prices:
  • 50 Day Moving Avg: $29.92
  • 200 Day Moving Avg: $30.47
  • 52 Week Range: $26.01 - $38.06
  • Trailing P/E Ratio: 11.07
  • Foreward P/E Ratio: 9.27
  • P/E Growth: 1.25
Sales & Book Value:
  • Annual Revenue: $7.04 billion
  • Price / Sales: 3.34
  • Book Value: $18.02 per share
  • Price / Book: 1.64
  • Annual Dividend: $0.60
  • Dividend Yield: 2.0%
  • 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: 6.33 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 declared a quarterly dividend on Thursday, July 27th. Investors of record on Monday, August 7th will be given a dividend of $0.15 per share on Thursday, August 17th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.03%. The ex-dividend date is Thursday, August 3rd. This is a boost from Synchrony Financial's previous quarterly dividend of $0.13. View Synchrony Financial's Dividend History.

How will Synchrony Financial's stock buyback program work?

Synchrony Financial declared that its board has initiated a stock buyback plan on Sunday, June 4th 2017, which authorizes the company to repurchase $1,640,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 7.6% of its stock through open market purchases. Stock repurchase plans are often an indication 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 earnings results on Friday, July, 21st. The company reported $0.61 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.58 by $0.03. The firm earned $3.64 billion during the quarter, compared to analysts' expectations of $3.59 billion. Synchrony Financial had a return on equity of 15.30% and a net margin of 13.84%. During the same period in the prior year, the firm posted $0.58 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 Friday, October, 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?

21 equities research analysts have issued 12 month target prices for Synchrony Financial's shares. Their predictions range from $29.00 to $47.00. On average, they anticipate Synchrony Financial's share price to reach $37.25 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’s shares have underperformed the industry year to date. The company has been witnessing a steep rise in its expenses since 2013. This continuous rise in expenses has severely weighed on its bottom line. Moreover, the company suffers from increasing allowance for loan losses that has been increasing due to the rapid growth in its loan portfolio. This is likely to impact the company’s risk profile adversely. In addition, the company also suffers from rising fraud-related losses due to its exposure to risk of fraudulent activities associated with partners, customers and third parties handling customer information. The company has seen its Zacks Consensus Estimate for 2018 earnings being revised downward in the last 30 days." (9/25/2017)
  • 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 increase in short interest in August. As of August 31st, there was short interest totalling 16,444,720 shares, an increase of 30.2% from the August 15th total of 12,632,032 shares. Based on an average trading volume of 5,155,099 shares, the short-interest ratio is currently 3.2 days. Approximately 2.1% of the company's shares are short sold.

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 variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (6.57%), BlackRock Inc. (5.93%), FMR LLC (4.65%), State Street Corp (4.29%), Bank of New York Mellon Corp (2.31%) and Berkshire Hathaway Inc. (2.20%). Company insiders that own Synchrony Financial stock include Brian D Doubles, David P Melito, Jonathan S Mothner, 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 Ameriprise Financial Inc., Bank of New York Mellon Corp, Pioneer Investment Management Inc., Schroder Investment Management Group, Los Angeles Capital Management & Equity Research Inc., BlackRock Inc., Teachers Advisors LLC and Artemis Investment Management LLP. Company insiders that have sold Synchrony Financial stock in the last year include Brian D Doubles, David P Melito, Jonathan S Mothner 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 Berkshire Hathaway Inc., Janus Henderson Group PLC, FMR LLC, Capital World Investors, Boston Partners, Cooke & Bieler LP, CI Global Investments Inc. and State of New Jersey Common Pension Fund D. 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 $29.57.

MarketBeat Community Rating for Synchrony Financial (NYSE SYF)
Community Ranking:  3.5 out of 5 (star star star half star)
Outperform Votes:  516 (Vote Outperform)
Underperform Votes:  217 (Vote Underperform)
Total Votes:  733
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: 8 Hold Ratings, 13 Buy Ratings
Consensus Rating:Buy (Score: 2.62)
Consensus Price Target: $37.25 (25.97% upside)

Analysts' Ratings History for Synchrony Financial (NYSE:SYF)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/21/2017Jefferies Group LLCReiterated RatingBuy$40.00LowView Rating Details
9/8/2017Morgan StanleyDowngradeOverweight -> Equal Weight$35.00 -> $32.00LowView Rating Details
8/25/2017BMO Capital MarketsReiterated RatingBuy$40.00LowView Rating Details
7/22/2017Oppenheimer Holdings, Inc.Reiterated RatingHoldLowView 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
(Data available from 9/26/2015 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: $2.82
2018 EPS Consensus Estimate: $3.30
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.71$0.80$0.75
Q2 20174$0.53$0.76$0.65
Q3 20174$0.65$0.76$0.69
Q4 20174$0.69$0.76$0.73
Q1 20182$0.76$0.88$0.82
Q2 20182$0.73$0.86$0.80
Q3 20182$0.89$0.89$0.89
Q4 20182$0.75$0.83$0.79
(Data provided by Zacks Investment Research)


Current Dividend Information for Synchrony Financial (NYSE:SYF)
Most Recent Dividend:8/17/2017
Annual Dividend:$0.60
Dividend Yield:2.03%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:22.64% (Trailing 12 Months of Earnings)
23.08% (Based on This Year's Estimates)
18.81% (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: 87.05%
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
7/31/2017Jonathan S MothnerInsiderSell500$30.06$15,030.00View SEC Filing  
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) Lowered to "Sell" at Zacks Investment Research - September 25 at 9:04 AM logoAnalyzing Synchrony Financial (SYF) and EZCORP (EZPW) - September 23 at 6:30 AM logoSynchrony Financial (SYF) versus EZCORP (EZPW) Head-To-Head Contrast - September 22 at 6:06 AM logoSynchrony Financial (SYF) Earns "Buy" Rating from Jefferies Group LLC - September 22 at 12:38 AM logo[$$] A Surprise Bump in Bad Card Loans - September 20 at 9:45 AM logoCommit To Buy Synchrony Financial At $18, Earn 2.8% Using Options - Nasdaq - September 19 at 8:12 AM logoAnalyzing Synchrony Financial (SYF) and The Competition - September 19 at 12:48 AM logoHead-To-Head Comparison: Synchrony Financial (SYF) versus PHH Corp (PHH) - September 18 at 12:02 PM logoSynchrony Financial (SYF) Short Interest Update - September 18 at 1:50 AM logo$3.78 Billion in Sales Expected for Synchrony Financial (SYF) This Quarter - September 17 at 11:48 AM logoHead-To-Head Survey: Synchrony Financial (SYF) & Its Rivals - September 17 at 2:31 AM logoSynchrony Financial (SYF) Stock Is a Buffett Favorite – Here’s Why - September 16 at 9:18 AM logoHead-To-Head Review: Synchrony Financial (SYF) versus The Competition - September 16 at 2:30 AM logoSynchrony Is a Buffett Favorite: Here’s Why - September 15 at 6:28 AM logoSynchrony Is a Buffett Favorite: Here’s Why - September 15 at 6:25 AM logoSynchrony Financial Drives New Relationship with Mavis Discount Tire to Advance Consumer Financing Options - September 14 at 10:56 AM logoSynchrony Financial (SYF) Receives Average Recommendation of "Buy" from Brokerages - September 12 at 2:44 AM logoComparing Synchrony Financial (SYF) & its Rivals - September 11 at 8:36 AM logoSee what the IHS Markit Score report has to say about Synchrony Financial. - September 10 at 8:26 AM logoSynchrony Financial : SYF-US: Dividend Analysis : August 07th, 2017 (record date) : By the numbers : September 9, 2017 - September 9 at 9:05 AM logoSynchrony Financial (SYF) Cut to "Equal Weight" at Morgan Stanley - September 8 at 9:18 PM logoCapOne, Synchrony downgraded at Morgan Stanley - September 8 at 8:57 AM logoPHH Corp (PHH) & Synchrony Financial (SYF) Critical Comparison - September 4 at 10:12 PM logoPayPal (PYPL) Hits 52-Week High of $62.23 on Partnerships - September 4 at 7:05 AM logoPayPal (PYPL) Launches Credit Card to Offer 2% Cashback - August 31 at 10:42 AM logoPayPal and Synchrony Financial Introduce New Mastercard That Offers 2% Cash Back on Every Purchase - August 30 at 9:49 AM logo Brokerages Anticipate Synchrony Financial (SYF) Will Announce Quarterly Sales of $3.78 Billion - August 29 at 5:16 AM logo Analysts Expect Synchrony Financial (SYF) Will Announce Earnings of $0.66 Per Share - August 27 at 4:16 PM logoCritical Contrast: EZCORP (EZPW) and Synchrony Financial (SYF) - August 27 at 10:28 AM logoSynchrony Financial (SYF) Upgraded to Hold by BidaskClub - August 26 at 12:33 PM logoSynchrony Financial (SYF) Receives "Buy" Rating from BMO Capital Markets - August 25 at 11:42 AM logoSynchrony Financial Receives Top Honors for Disability Inclusion Efforts - Business Wire (press release) - August 24 at 1:39 PM logoSynchrony Financial Receives Top Honors for Disability Inclusion Efforts - August 24 at 1:39 PM logoSynchrony Financial (SYF) on Watch Amid News Wal-Mart in Talks with Affirm About Installment Loan Deal - - August 23 at 12:17 PM logoHere's Why Warren Buffett Is Buying Synchrony Financial - Seeking Alpha - August 23 at 12:17 PM logo[$$] Wal-Mart Nears a Pilot Deal to Offer Customers Installment Loans - August 23 at 12:17 PM logoWhy Did Warren Buffett Buy Synchrony Financial? - August 22 at 9:16 AM logoSynchrony Financial: Buffett Is Buying And You Should Be Too, But Not For The Obvious Reason - August 21 at 3:39 PM logoWhy Is Synchrony Financial (SYF) Up 1.9% Since the Last Earnings Report? - Nasdaq - August 21 at 9:12 AM logoWhy Is Synchrony Financial (SYF) Up 1.9% Since the Last Earnings Report? - August 21 at 9:12 AM logoGoodbye American Express, Hello Synchrony Financial - August 19 at 8:00 AM logoPHOTO ADVISORY: CRACKING THE CODE: Synchrony Financial ... - Business Wire (press release) - August 18 at 7:42 AM logoPHOTO ADVISORY: CRACKING THE CODE: Synchrony Financial partners with Girls Who Code - August 18 at 7:41 AM logoSynchrony Financial (SYF) Receives Consensus Recommendation of "Buy" from Analysts - August 18 at 2:40 AM logoTop Stocks Warren Buffett's Buying Now - August 16 at 9:52 PM logoSynchrony Financial up 3% after Berkshire Hathaway discloses stake - Seeking Alpha - August 16 at 7:56 AM logoGiving Credit to Card Issuer Synchrony Financial - Barron's - August 16 at 7:56 AM logoReviewing World Acceptance Corporation (WRLD) & Synchrony Financial (SYF) - August 16 at 12:22 AM logoFinancial stock surges after Warren Buffett adds it to his big banking bet - August 15 at 12:29 PM logo3 Stocks to Watch on Tuesday: Coach Inc (COH), Pandora Media Inc (P) and Synchrony Financial (SYF) - August 15 at 8:16 AM



Synchrony Financial (SYF) Chart for Tuesday, September, 26, 2017

This page was last updated on 9/26/2017 by Staff