Synchrony Financial operates as a consumer financial services company in the United States. The company offers private label credit cards, dual cards, general purpose co-branded credit cards, and small and medium-sized business credit products; and promotional financing for consumer purchases, such as private label credit cards and installment loans. It also provides promotional financing to consumers for health, veterinary and personal care procedures, and services and products, such as dental, vision, audiology, and cosmetic; debt cancellation 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. 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. Synchrony Financial was incorporated in 2003 and is headquartered in Stamford, Connecticut.
Industry, Sector and Symbol
Industry Nondepository credit institutions
Sub-IndustryN/A
SectorFinance
Phone203-585-2400
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$18.25 billion
Profitability
Miscellaneous
Employees16,500
Next Earnings Date7/26/2019 (Estimated)
OptionableOptionable
Synchrony Financial (NYSE:SYF) Frequently Asked Questions
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 Wednesday, January 23rd. Stockholders of record on Monday, February 4th will be given a dividend of $0.21 per share on Thursday, February 14th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.50%. The ex-dividend date of this dividend is Friday, February 1st. View Synchrony Financial's Dividend History.
How will Synchrony Financial's stock buyback program work?
Synchrony Financial announced that its Board of Directors has authorized a stock repurchase program on Sunday, June 4th 2017, which allows the company to repurchase $1,640,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 7.6% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.
How were Synchrony Financial's earnings last quarter?
Synchrony Financial (NYSE:SYF) announced its earnings results on Thursday, April, 18th. The financial services provider reported $1.00 EPS for the quarter, beating analysts' consensus estimates of $0.88 by $0.12. The financial services provider earned $4.23 billion during the quarter, compared to analyst estimates of $4.29 billion. Synchrony Financial had a return on equity of 19.79% and a net margin of 17.52%. During the same period last year, the firm posted $0.83 EPS. View Synchrony Financial's Earnings History.
When is Synchrony Financial's next earnings date?
What price target have analysts set for SYF?
14 brokers have issued 12 month target prices for Synchrony Financial's shares. Their forecasts range from $32.00 to $43.00. On average, they anticipate Synchrony Financial's share price to reach $37.25 in the next twelve months. This suggests a possible upside of 11.0% from the stock's current price. View Analyst Price Targets for Synchrony Financial.
What is the consensus analysts' recommendation for Synchrony Financial?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synchrony Financial in the last year. There are currently 6 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Synchrony Financial.
Has Synchrony Financial been receiving favorable news coverage?
Media stories about SYF stock have been trending somewhat negative recently, InfoTrie reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Synchrony Financial earned a coverage optimism score of -1.6 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the next few days.
Are investors shorting Synchrony Financial?
Synchrony Financial saw a drop in short interest in the month of March. As of March 29th, there was short interest totalling 11,048,826 shares, a drop of 28.6% from the March 15th total of 15,470,687 shares. Based on an average daily volume of 5,434,704 shares, the short-interest ratio is presently 2.0 days. Currently, 1.6% of the shares of the company are short sold. View Synchrony Financial's Current Options Chain.
Who are some of Synchrony Financial's key competitors?
Some companies that are related to Synchrony Financial include Zurich Insurance Group (ZURVY), Ally Financial (ALLY), 360 Finance (QFIN), Green Dot (GDOT), LexinFintech (LX), Qudian (QD), Blucora (BCOR), Walker & Dunlop (WD), Yirendai (YRD), X Financial (XYF), Mr. Cooper Group (COOP), Weidai (WEI), Curo Group (CURO), Wins Finance (WINS) and CNFinance (CNF).
What other stocks do shareholders of Synchrony Financial own?
Who are Synchrony Financial's key executives?
Synchrony Financial's management team includes the folowing people:
- Ms. Margaret M. Keane, Pres, CEO & Director (Age 60)
- Mr. Brian D. Doubles, Exec. VP & CFO (Age 43)
- Mr. Jonathan S. Mothner Esq., Exec. VP, Gen. Counsel & Sec. (Age 55)
- Mr. Thomas M. Quindlen, Exec. VP & CEO of Retail Card (Age 56)
- Mr. Kurt R. Grossheim, Exec. VP & COO
Who are Synchrony Financial's major shareholders?
Synchrony Financial's stock is owned by many different of retail and institutional investors. Top institutional investors include Mondrian Investment Partners LTD (0.34%), Heritage Investors Management Corp (0.07%), Jag Capital Management LLC (0.07%), Wilsey Asset Management Inc. (0.06%), Columbus Circle Investors (0.05%) and Retirement Systems of Alabama (0.04%). Company insiders that own Synchrony Financial stock include David P Melito, Henry F Greig, Jonathan S Mothner, Laurel Richie, Margaret M Keane, Neeraj Mehta, Olympia J Snowe, Paget Leonard Alves, Paul Whynott, Roy A Guthrie, Thomas M Quindlen and Will W Graylin. View Institutional Ownership Trends for Synchrony Financial.
Which institutional investors are selling Synchrony Financial stock?
SYF stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Highland Capital Management LLC, Bell Asset Management Ltd, Gulf International Bank UK Ltd, Meeder Asset Management Inc., Wiley BROS. Aintree Capital LLC, Retirement Systems of Alabama and Gateway Investment Advisers LLC. Company insiders that have sold Synchrony Financial company stock in the last year include David P Melito, Henry F Greig and Paul Whynott. View Insider Buying and Selling for Synchrony Financial.
Which institutional investors are buying Synchrony Financial stock?
SYF stock was purchased by a variety of institutional investors in the last quarter, including Jag Capital Management LLC, Columbus Circle Investors, Chartwell Investment Partners LLC, Carnick & Kubik Group LLC, W.E. Donoghue & Co. LLC, First Hawaiian Bank, First Citizens Bank & Trust Co. and Polianta Ltd. Company insiders that have bought Synchrony Financial stock in the last two years include Laurel Richie, Olympia J Snowe, Paget Leonard Alves, Roy A Guthrie and Will W Graylin. View Insider Buying and Selling for Synchrony Financial.
How do I buy shares of Synchrony Financial?
Shares of SYF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Synchrony Financial's stock price today?
One share of SYF stock can currently be purchased for approximately $33.55.
How big of a company is Synchrony Financial?
Synchrony Financial has a market capitalization of $23.20 billion and generates $18.25 billion in revenue each year. The financial services provider earns $2.79 billion in net income (profit) each year or $3.74 on an earnings per share basis. Synchrony Financial employs 16,500 workers across the globe.
What is Synchrony Financial's official website?
How can I contact Synchrony Financial?
Synchrony Financial's mailing address is 777 LONG RIDGE ROAD, STAMFORD CT, 06902. The financial services provider can be reached via phone at 203-585-2400 or via email at [email protected]
MarketBeat Community Rating for Synchrony Financial (NYSE SYF)
MarketBeat's community ratings are surveys of what our community members think about Synchrony Financial and other stocks. Vote "Outperform" if you believe SYF will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SYF will underperform the S&P 500 over the long term. You may vote once every thirty days.
