About Synchrony Financial (NYSE:SYF)
Synchrony 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
Industry Consumer Lending
Trailing P/E Ratio14.4220532319392
Forward P/E Ratio14.76
Sales & Book Value
Annual Sales$15.12 billion
Price / Sales1.96
Cash Flow$2.91 per share
Price / Cash13.03
Book Value$17.37 per share
Price / Book2.18
Net Income$2.25 billion
Return on Equity14.84%
Return on Assets2.34%
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 declared a quarterly dividend on Thursday, October 26th. Stockholders of record on Monday, November 6th will be paid a dividend of $0.15 per share on Thursday, November 16th. This represents a $0.60 annualized dividend and a dividend yield of 1.58%. The ex-dividend date is Friday, November 3rd. View Synchrony Financial's Dividend History.
How will Synchrony Financial's stock buyback program work?
Synchrony Financial declared that its Board of Directors has initiated a stock repurchase program on Sunday, June 4th 2017, which allows the company to buyback $1,640,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 7.6% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its shares are undervalued.
How were Synchrony Financial's earnings last quarter?
Synchrony Financial (NYSE:SYF) posted its earnings results on Friday, October, 20th. The financial services provider reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.06. The financial services provider earned $3.88 billion during the quarter, compared to analysts' expectations of $3.78 billion. Synchrony Financial had a net margin of 13.17% and a return on equity of 14.84%. During the same quarter last year, the business earned $0.73 EPS. View Synchrony Financial's Earnings History.
When will Synchrony Financial make its next earnings announcement?
Where is Synchrony Financial's stock going? Where will Synchrony Financial's stock price be in 2018?
20 Wall Street analysts have issued 12 month target prices for Synchrony Financial's stock. Their predictions range from $29.00 to $55.00. On average, they anticipate Synchrony Financial's share price to reach $38.22 in the next year. View Analyst Ratings for Synchrony Financial.
What are Wall Street analysts saying about Synchrony Financial stock?
Here are some recent quotes from research analysts about Synchrony Financial stock:
- 1. BTIG Research analysts commented, "Capital Return, Potential Tax Cut Boost = Upside We are reiterating our Buy recommendation on Synchrony Financial (SYF) while raising our price target to $44 from $36 based on 12x our FY19E earnings per share of $3.70. We believe SYF offers investors an attractive story featuring loan growth and capital return that position it to expand both EPS and ROE, and that the company’s enhanced partnership with PayPal (PYPL, Buy, $81 PT) offered the latest demonstration of its capabilities and capacity versus its card-issuing peers. We also view SYF as well positioned to benefit from the growth of eCommerce given its partnerships with PYPL, Amazon (AMZN, Not Rated) and others and its ability to extend its online and mobile capabilities to traditional retail partners." (12/17/2017)
- 2. According to Zacks Investment Research, "Synchrony Financial’s third quarter earnings surpassed the Zacks Consensus Estimate by 9.4% but declined year over year due to higher expenses. In the last three months, shares of the company have outperformed the industry. The company is well positioned for long-term growth on the back of consistent increase in revenues driven by its rapidly growing interest income and inorganic growth strategies. Moreover, its CareCredit platform continued to perform well over past many quarters. Synchrony Financial’s healthy balance sheet remains a major positive. However, the company has been witnessing a steep rise in its expenses since 2013 that has weighed on its bottom line. It also suffers from increasing allowance for loan losses that has been increasing due to the rapid growth in its loan portfolio. The company also suffers from rising fraud-related losses." (10/23/2017)
- 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)
Who are some of Synchrony Financial's key competitors?
Some companies that are related to Synchrony Financial include Discover Financial Services (DFS), OneMain (OMF), Lendingtree (TREE), Navient (NAVI), FirstCash (FCFS), LendingClub (LC), TPG RE Finance Trust (TRTX), Provident Financial (PFG), Cash America International (CSH), World Acceptance (WRLD), EZCORP (EZPW), International Personal Finance (IPF), China Rapid Finance (XRF), PHH (PHH), Regional Management (RM), S & U (SUS), Non-Standard Finance (NSF) and Stonegate Mortgage (SGM).
Who are Synchrony Financial's key executives?
Synchrony Financial's management team includes the folowing people:
- Margaret M. Keane, President, Chief Executive Officer, Director (Age 58)
- Brian D. Doubles, Chief Financial Officer, Executive Vice President (Age 41)
- Henry F. Greig, Executive Vice President, Chief Risk Officer (Age 54)
- Jonathan S. Mothner, Executive Vice President, General Counsel, Secretary (Age 53)
- David Fasoli, Executive Vice President and Chief Executive Officer—CareCredit (Age 58)
- Neeraj Mehta, Executive Vice President, Chief Executive Officer of Payment Solutions and Chief Commercial Officer
- Thomas M. Quindlen, Executive Vice President, Chief Executive Officer - Retail Card (Age 54)
- David P. Melito, Senior Vice President, Chief Accounting Officer, Controller (Age 51)
- Richard C. Hartnack, Non-Executive Independent Chairman of the Board (Age 71)
- Paget L. Alves, Independent Director (Age 62)
Who owns Synchrony Financial stock?
Synchrony Financial's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.71%), DnB Asset Management AS (0.18%), Nisa Investment Advisors LLC (0.02%), Norman Fields Gottscho Capital Management LLC (0.02%), Exxonmobil Investment Management Inc. TX (0.01%) and Moon Capital Management LLC (0.01%). Company insiders that own Synchrony Financial stock include Brian D Doubles, David P Melito, Jonathan S Mothner, Laurel Richie, Margaret M Keane, Olympia J Snowe, 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 DnB Asset Management AS, Exxonmobil Investment Management Inc. TX, Boyd Watterson Asset Management LLC OH, National Investment Services Inc. WI, Nisa Investment Advisors LLC and Louisiana State Employees Retirement System. Company insiders that have sold Synchrony Financial company stock in the last year include Brian D Doubles, David P Melito and Jonathan S Mothner. 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 Bank of Montreal Can, Moon Capital Management LLC, Norman Fields Gottscho Capital Management LLC, Convergence Investment Partners LLC, BLB&B Advisors LLC, Hikari Power Ltd, Capital Asset Advisory Services LLC 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 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 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 Synchrony Financial stock can currently be purchased for approximately $37.93.
How big of a company is Synchrony Financial?
Synchrony Financial has a market capitalization of $29.68 billion and generates $15.12 billion in revenue each year. The financial services provider earns $2.25 billion in net income (profit) each year or $2.63 on an earnings per share basis. Synchrony Financial employs 15,000 workers across the globe.
How can I contact Synchrony Financial?
Synchrony Financial's mailing address is 777 Long Ridge Rd, STAMFORD, CT 06902-1250, United States. The financial services provider can be reached via phone at +1-203-5856730 or via email at [email protected]
MarketBeat Community Rating for Synchrony Financial (SYF)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.
Synchrony Financial (NYSE:SYF) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Buy|
|Consensus Rating Score: ||2.60||2.60||2.52||2.68|
|Ratings Breakdown: ||0 Sell Rating(s)|
8 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
9 Hold Rating(s)
10 Buy Rating(s)
1 Strong Buy Rating(s)
|0 Sell Rating(s)|
10 Hold Rating(s)
11 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
7 Hold Rating(s)
15 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$38.22||$38.11||$36.37||$37.24|
|Price Target Upside: ||3.87% downside||2.48% upside||15.75% upside||20.62% upside|
Synchrony Financial (NYSE:SYF) Consensus Price Target History
Synchrony Financial (NYSE:SYF) Analyst Ratings History
(Data available from 1/17/2016 forward)
Synchrony Financial (NYSE:SYF) Earnings History and Estimates Chart
Synchrony Financial (NYSE SYF) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/20/2017||Q3 2017||$0.64||$0.70||$3.78 billion||$3.88 billion||View||N/A|
|7/21/2017||Q2 2017||$0.58||$0.61||$3.59 billion||$3.64 billion||View||N/A|
|4/28/2017||Q1 2017||$0.74||$0.61||$3.54 billion||$3.59 billion||View||N/A|
|1/20/2017||Q416||$0.67||$0.70||$3.51 billion||$3.63 billion||View||N/A|
|10/21/2016||Q316||$0.69||$0.73||$3.30 billion||$3.48 billion||View||Listen|
|7/22/2016||Q216||$0.54||$0.58||$3.26 billion||$3.21 billion||View||Listen|
|4/22/2016||Q116||$0.69||$0.70||$3.17 billion||$3.21 billion||View||Listen|
|1/22/2016||Q415||$0.63||$0.65||$3.20 billion||$3.21 billion||View||Listen|
|10/16/2015||Q315||$0.66||$0.69||$3.02 billion||$2.46 billion||View||Listen|
|7/17/2015||Q215||$0.62||$0.65||$2.77 billion||$2.41 billion||View||Listen|
|4/17/2015||Q115||$0.64||$0.66||$2.80 billion||$2.88 billion||View||N/A|
|1/23/2015||Q414||$0.60||$0.64||$2.81 billion||$2.28 billion||View||N/A|
|10/17/2014||Q3||$0.67||$0.70||$2.25 billion||$2.19 billion||View||Listen|
Synchrony Financial (NYSE:SYF) Earnings Estimates
2018 EPS Consensus Estimate: $3.47
2019 EPS Consensus Estimate: $4.20
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Synchrony Financial (NYSE:SYF) Dividend Information
|Most Recent Dividend:||11/16/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||22.81% (Trailing 12 Months of Earnings) |
23.35% (Based on This Year's Estimates)
18.07% (Based on Next Year's Estimates)
Synchrony Financial (NYSE:SYF) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Synchrony Financial (NYSE SYF) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.03%
Institutional Ownership Percentage: 85.57%
Synchrony Financial (NYSE SYF) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|1/10/2018||David P Melito||Insider||Sell||2,000||$40.00||$80,000.00||39,259|| |
|12/4/2017||David P Melito||Insider||Sell||1,881||$38.00||$71,478.00||43,140|| |
|11/29/2017||David P Melito||Insider||Sell||2,580||$35.00||$90,300.00|| |
|11/20/2017||Laurel Richie||Director||Buy||1,000||$34.20||$34,200.00||8,608|| |
|11/17/2017||Olympia J Snowe||Director||Buy||3,000||$33.40||$100,200.00||10,608|| |
|10/30/2017||Jonathan S Mothner||Insider||Sell||1,500||$32.82||$49,230.00||113,934|| |
|10/20/2017||Jonathan S Mothner||Insider||Sell||1,000||$33.50||$33,500.00||113,578|| |
|7/31/2017||Jonathan S Mothner||Insider||Sell||500||$30.06||$15,030.00||113,458|| |
|7/24/2017||Paget Leonard Alves||Director||Buy||2,000||$30.85||$61,700.00||8,521|| |
|5/1/2017||Will W Graylin||Director||Buy||18,000||$27.80||$500,400.00||55,389|| |
|4/5/2017||David P Melito||Insider||Sell||748||$34.24||$25,611.52||43,390|| |
|4/3/2017||David P Melito||Insider||Sell||600||$34.11||$20,466.00||45,455|| |
|2/28/2017||Brian D Doubles||Insider||Sell||8,109||$36.13||$292,978.17||169,962|| |
|1/4/2017||David P Melito||Insider||Sell||1,392||$38.00||$52,896.00||42,255|| |
|11/22/2016||Margaret M Keane||Insider||Sell||6,000||$34.00||$204,000.00||367,206|| |
|11/21/2016||David P Melito||Insider||Sell||2,159||$33.54||$72,412.86||40,863|| |
|11/9/2016||Margaret M Keane||Insider||Sell||2,000||$30.00||$60,000.00||361,206|| |
|5/24/2016||Brian D Doubles||Insider||Sell||1,000||$30.00||$30,000.00||167,638|| |
|7/31/2014||Roy A Guthrie||Director||Buy||10,000||$23.00||$230,000.00|| |
|7/31/2014||Thomas M Quindlen||Insider||Buy||1,000||$23.00||$23,000.00|| |
Synchrony Financial (NYSE SYF) News Headlines
Synchrony Financial (NYSE:SYF) SEC Filings
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Synchrony Financial (NYSE:SYF) Income Statement, Balance Sheet and Cash Flow Statement
Synchrony Financial (NYSE SYF) Stock Chart for Wednesday, January, 17, 2018