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Will This Be the Worst U.S. Crisis Ever? (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Will This Be the Worst U.S. Crisis Ever? (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
A Full Year Of Recommended Stock Picks Now 60% Off (Ad)
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
Will This Be the Worst U.S. Crisis Ever? (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Will This Be the Worst U.S. Crisis Ever? (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
A Full Year Of Recommended Stock Picks Now 60% Off (Ad)
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
Will This Be the Worst U.S. Crisis Ever? (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Will This Be the Worst U.S. Crisis Ever? (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
A Full Year Of Recommended Stock Picks Now 60% Off (Ad)
NYSE:SYF

Synchrony Financial - SYF Stock Forecast, Price & News

$34.43
+0.53 (+1.56%)
(As of 08/8/2022 12:00 AM ET)
Add
Compare
Today's Range
$34.27
$35.31
50-Day Range
$27.62
$37.04
52-Week Range
$27.22
$52.49
Volume
5.75 million shs
Average Volume
6.81 million shs
Market Capitalization
$16.59 billion
P/E Ratio
5.03
Dividend Yield
2.71%
Price Target
$44.88

Synchrony Financial MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
30.3% Upside
$44.88 Price Target
Short Interest
Healthy
2.27% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.43
Upright™ Environmental Score
News Sentiment
0.11mentions of Synchrony Financial in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-4.03%
From $5.71 to $5.48 Per Share

Overall MarketRank

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

3.31 out of 5 stars

Finance Sector

25th out of 1,206 stocks

Nondepository Credit Institutions Industry

1st out of 45 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 Trading Up 1.6 %

NYSE:SYF traded up $0.53 on Monday, hitting $34.43. 5,745,788 shares of the stock were exchanged, compared to its average volume of 6,813,891. The stock has a market capitalization of $16.59 billion, a price-to-earnings ratio of 5.03, a P/E/G ratio of 0.26 and a beta of 1.57. Synchrony Financial has a 52 week low of $27.22 and a 52 week high of $52.49. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.21 and a current ratio of 1.21. The company's 50-day moving average price is $31.61 and its 200 day moving average price is $36.06.

Synchrony Financial (NYSE:SYF - Get Rating) last announced its quarterly earnings data on Monday, July 18th. The financial services provider reported $1.60 earnings per share for the quarter, topping the consensus estimate 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 quarter in the previous year, the company posted $2.12 earnings per share. On average, equities research analysts forecast that Synchrony Financial will post 5.71 earnings per share for the current year.

Synchrony Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 11th. Shareholders of record on Monday, August 1st will be issued a dividend of $0.23 per share. This is a boost from Synchrony Financial's previous quarterly dividend of $0.22. This represents a $0.92 annualized dividend and a yield of 2.67%. The ex-dividend date is Friday, July 29th. Synchrony Financial's payout ratio is currently 13.43%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on SYF shares. Stephens boosted their target price on shares of Synchrony Financial from $29.00 to $35.00 and gave the company an "equal weight" rating in a research note on Tuesday, July 19th. StockNews.com upgraded shares of Synchrony Financial from a "hold" rating to a "buy" rating in a research note on Monday, July 25th. Morgan Stanley reduced their target price on shares of Synchrony Financial from $40.00 to $31.00 and set an "equal weight" rating on the stock in a research note on Tuesday, July 12th. JMP Securities reduced their target price on shares of Synchrony Financial from $50.00 to $40.00 and set a "market outperform" rating on the stock in a research note on Friday, July 15th. Finally, Wolfe Research downgraded shares of Synchrony Financial from a "peer perform" rating to an "underperform" rating and set a $22.00 target price on the stock. in a research note on Thursday, May 12th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target 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
See More Headlines
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SYF Company Calendar

Ex-Dividend for 5/12 Dividend
4/29/2022
Dividend Payable
5/12/2022
Last Earnings
7/18/2022
Ex-Dividend for 8/11 Dividend
7/29/2022
Today
8/09/2022
Dividend Payable
8/11/2022
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
+30.3%
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
$8.22 per share
Book Value
$23.61 per share

Miscellaneous

Free Float
479,109,000
Market Cap
$16.59 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 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 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 1-year price targets for Synchrony Financial's shares. Their SYF share price forecasts range from $22.00 to $65.00. On average, they expect the company's stock price to reach $44.88 in the next twelve months. This suggests a possible upside of 30.3% from the stock's current price.
View analysts price targets for SYF
or view top-rated stocks among Wall Street analysts.

How has Synchrony Financial's stock price performed in 2022?

Synchrony Financial's stock was trading at $46.39 on January 1st, 2022. Since then, SYF stock has decreased by 25.8% and is now trading at $34.43.
View the best growth stocks for 2022 here
.

When is Synchrony Financial's next earnings date?

Synchrony Financial 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) announced 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 trailing twelve-month return on equity of 27.06% and a net margin of 22.76%. During the same quarter in the prior year, the business earned $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 announced a quarterly dividend on Thursday, July 21st. Shareholders of record on Monday, August 1st will be paid a dividend of $0.23 per share on Thursday, August 11th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.67%. The ex-dividend date of this dividend is Friday, July 29th. This is an increase 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 2.71%. 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 16.79% 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 has approved a stock buyback plan on Monday, April 18th 2022, which allows the company to repurchase $2,800,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 13.6% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's board of directors 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 a variety of retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.58%), Assenagon Asset Management S.A. (0.51%), Cooke & Bieler LP (0.49%), Victory Capital Management Inc. (0.40%), Los Angeles Capital Management LLC (0.35%) and Robeco Institutional Asset Management B.V. (0.32%). 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 $34.43.

How much money does Synchrony Financial make?

Synchrony Financial (NYSE:SYF) has a market capitalization of $16.59 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?

Synchrony Financial 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 8/9/2022 by MarketBeat.com Staff

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