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NYSE:SYFSynchrony Financial Stock Price, Forecast & News

$22.56
+1.22 (+5.72 %)
(As of 07/10/2020 04:00 PM ET)
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Today's Range
$21.28
Now: $22.56
$22.58
50-Day Range
$17.85
MA: $22.31
$26.87
52-Week Range
$12.15
Now: $22.56
$38.18
Volume4.88 million shs
Average Volume7.89 million shs
Market Capitalization$13.17 billion
P/E Ratio5.08
Dividend Yield4.12%
Beta1.67
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 3.0Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 3.1 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.75 out of 5 stars


Industry, Sector and Symbol

Industry Nondepository credit institutions
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone203-585-2400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$19.09 billion
Cash Flow$5.33 per share
Book Value$22.21 per share

Profitability

Net Income$3.75 billion

Miscellaneous

Employees16,500
Market Cap$13.17 billion
Next Earnings Date7/21/2020 (Confirmed)
OptionableOptionable

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Synchrony Financial (NYSE:SYF) Frequently Asked Questions

How has Synchrony Financial's stock been impacted by COVID-19 (Coronavirus)?

Synchrony Financial's stock was trading at $24.49 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SYF shares have decreased by 7.9% and is now trading at $22.56. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Synchrony Financial?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synchrony Financial in the last year. There are currently 1 sell rating, 5 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Synchrony Financial.

When is Synchrony Financial's next earnings date?

Synchrony Financial is scheduled to release its next quarterly earnings announcement on Tuesday, July 21st 2020. View our earnings forecast for Synchrony Financial.

How can I listen to Synchrony Financial's earnings call?

Synchrony Financial will be holding an earnings conference call on Tuesday, July 21st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Synchrony Financial's earnings last quarter?

Synchrony Financial (NYSE:SYF) announced its quarterly earnings data on Tuesday, April, 21st. The financial services provider reported $0.45 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.19) by $0.64. The financial services provider had revenue of $3.89 billion for the quarter, compared to analyst estimates of $3.98 billion. Synchrony Financial had a return on equity of 18.25% and a net margin of 15.58%. During the same period last year, the firm posted $1.00 EPS. View Synchrony Financial's earnings history.

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

Synchrony Financial declared a quarterly dividend on Friday, April 24th. Stockholders of record on Monday, May 4th will be given a dividend of $0.22 per share on Thursday, May 14th. This represents a $0.88 annualized dividend and a yield of 3.90%. The ex-dividend date is Friday, May 1st. View Synchrony Financial's dividend history.

What price target have analysts set for SYF?

15 brokerages have issued 12 month target prices for Synchrony Financial's stock. Their forecasts range from $11.00 to $42.00. On average, they anticipate Synchrony Financial's share price to reach $25.43 in the next twelve months. This suggests a possible upside of 12.7% from the stock's current price. View analysts' price targets 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. According to Zacks Investment Research, "Synchrony Financial’s continuous efforts in forging alliances and effecting consolidations are likely to boost business growth, enhance digital capabilities and diversify its business. It has been witnessing revenue growth since its inception on rising interest income and inorganic growth strategies. Its Retail Card and CareCredit platforms continue to boost its top-line results. We remain positive about its steady capital position as well. Shares of the company have underperformed its industry in a year’s time. The company has been witnessing a steep rise in expenses due to constant investments in digitization, which has been weighing on its bottom line. Its high allowance for loan loss also bothers." (5/27/2020)
  • 2. BTIG Research analysts commented, "We are raising our 2019 EPS estimates for Buy-rated Consolidated-Tomoka Land Co. (CTO) ahead of CTO’s 2Q19 earnings after CTO closed on a number of dispositions (both of land and multi- tenanted buildings) in late 2Q19 in addition to executing a number of new acquisitions. Our 2Q19 EPS estimate is increasing from $0.27 to $2.04, while we are also raising our 2019 EPS estimate from $8.20 to $9.55; our 2020 EPS estimate is declining modestly from $5.25 to $5.13. CTO’s previously announced land sales pipeline represents ~60% of the company’s remaining land holdings under purchase and sale agreement (aggregating ~$87M), and ~68% is expected to close in 2019." (7/15/2019)

Has Synchrony Financial been receiving favorable news coverage?

News stories about SYF stock have been trending neutral recently, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Synchrony Financial earned a news impact score of 0.2 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news about Synchrony Financial.

Who are some of Synchrony Financial's key competitors?

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), Boeing (BA), General Electric (GE), Alibaba Group (BABA), Micron Technology (MU), AT&T (T), Intel (INTC), Walt Disney (DIS), NVIDIA (NVDA) and Cisco Systems (CSCO).

Who are Synchrony Financial's key executives?

Synchrony Financial's management team includes the following people:
  • Ms. Margaret M. Keane, CEO & Director (Age 60)
  • Mr. Brian D. Doubles, Pres (Age 43)
  • Mr. Henry F. Greig, Exec. VP, Chief Credit Officer & Capital Management Leader (Age 56)
  • Mr. Thomas M. Quindlen, Exec. VP & CEO of Retail Card (Age 56)
  • Mr. Neeraj K. Mehta, Exec. VP, CEO of Payment Solutions & Chief Commercial Officer (Age 48)

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 number of retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (0.18%), State of Alaska Department of Revenue (0.05%), Envestnet Asset Management Inc. (0.04%), M&R Capital Management Inc. (0.02%), Unison Advisors LLC (0.02%) and Whittier Trust Co. (0.02%). Company insiders that own Synchrony Financial stock include David P Melito, Henry F Greig, Laurel Richie, Margaret M Keane, Roy A Guthrie and Will W Graylin. View institutional ownership trends for Synchrony Financial.

Which major investors are selling Synchrony Financial stock?

SYF stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Whittier Trust Co., Whittier Trust Co. of Nevada Inc., DNB Asset Management AS, Municipal Employees Retirement System of Michigan, M&R Capital Management Inc., Nelson Van Denburg & Campbell Wealth Management Group LLC, and Arden Trust Co. View insider buying and selling activity for Synchrony Financial.

Which major investors are buying Synchrony Financial stock?

SYF stock was acquired by a variety of institutional investors in the last quarter, including Unison Advisors LLC, State of Alaska Department of Revenue, Wedge Capital Management L L P NC, and Diligent Investors LLC. Company insiders that have bought Synchrony Financial stock in the last two years include Laurel Richie, and Roy A Guthrie. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Synchrony Financial's stock price today?

One share of SYF stock can currently be purchased for approximately $22.56.

How big of a company is Synchrony Financial?

Synchrony Financial has a market capitalization of $13.17 billion and generates $19.09 billion in revenue each year. The financial services provider earns $3.75 billion in net income (profit) each year or $4.29 on an earnings per share basis. Synchrony Financial employs 16,500 workers across the globe.

What is Synchrony Financial's official website?

The official website for Synchrony Financial is www.synchronyfinancial.com.

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]

This page was last updated on 7/11/2020 by MarketBeat.com Staff

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