NYSE:SYFSynchrony Financial Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Synchrony Financial Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $26.75 +2.42 (+9.95 %) (As of 06/5/2020 11:34 AM ET) Add Compare Share Today's Range$24.90Now: $26.75▼$27.4950-Day Range$14.17MA: $17.93▼$23.6952-Week Range$12.15Now: $26.75▼$38.18Volume415,598 shsAverage Volume8.00 million shsMarket Capitalization$15.61 billionP/E Ratio6.02Dividend Yield3.71%Beta1.65 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.3 Analyst's Opinion Consensus RatingSynchrony Financial has received a consensus rating of Buy. The company's average rating score is 2.62, and is based on 9 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.62, Synchrony Financial has a potential downside of 4.7% from its current price of $26.87.Amount of Analyst CoverageSynchrony Financial has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Community Rank Outperform VotesSynchrony Financial has received 735 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSynchrony Financial has received 472 “underperform” votes. (Add your “underperform” vote.)Community SentimentSynchrony Financial has received 60.89% “outperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipSynchrony Financial is a leading dividend payer. It pays a dividend yield of 3.71%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSynchrony Financial has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Synchrony Financial is 20.51 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Synchrony Financial will have a dividend payout ratio of 27.67 % next year. This indicates that Synchrony Financial will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Synchrony Financial insiders have sold 382.64% more of their company's stock than they have bought. Specifically, they have bought $25,920.00 in company stock and sold $125,100.00 in company stock.Percentage Held by InsidersOnly 0.45% of the stock of Synchrony Financial is held by insiders.Percentage Held by Institutions88.83% of the stock of Synchrony Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Synchrony Financial are expected to grow by 135.56% in the coming year, from $1.35 to $3.18 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Synchrony Financial is 6.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.22.Price to Earnings Ratio vs. SectorThe P/E ratio of Synchrony Financial is 6.05, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.17.Price to Earnings Growth RatioSynchrony Financial has a PEG Ratio of 4.25. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSynchrony Financial has a P/B Ratio of 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.3Community Rank: 3.0Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 3.1 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.55 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Nondepository credit institutions Sub-IndustryN/A SectorFinance Current SymbolNYSE:SYF Previous Symbol CUSIPN/A CIK1601712 Webwww.synchronyfinancial.com Phone203-585-2400Debt Debt-to-Equity Ratio1.54 Current Ratio1.26 Quick Ratio1.26Price-To-Earnings Trailing P/E Ratio6.02 Forward P/E Ratio19.81 P/E Growth4.25 Sales & Book Value Annual Sales$19.09 billion Price / Sales0.82 Cash Flow$5.69 per share Price / Cash Flow4.70 Book Value$22.21 per share Price / Book1.20Profitability EPS (Most Recent Fiscal Year)$4.29 Net Income$3.75 billion Net Margins15.58% Return on Equity18.25% Return on Assets2.44%Miscellaneous Employees16,500 Outstanding Shares583,710,000Market Cap$15.61 billion Next Earnings Date7/17/2020 (Estimated) OptionableOptionable SYF Rates by TradingView Receive SYF News and Ratings via Email Sign-up to receive the latest news and ratings for SYF and its competitors with MarketBeat's FREE daily newsletter. 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 COVID-19 reached pandemic status according to the World Health Organization. Since then, SYF shares have increased by 9.7% and is now trading at $26.87. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Synchrony Financial? 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synchrony Financial in the last year. There are currently 1 sell rating, 3 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 Friday, July 17th 2020. View our earnings forecast for Synchrony Financial. How were Synchrony Financial's earnings last quarter? Synchrony Financial (NYSE:SYF) announced its earnings results on Tuesday, April, 21st. The financial services provider reported $0.45 earnings per share for the quarter, beating analysts' consensus estimates of ($0.19) by $0.64. The financial services provider had revenue of $3.89 billion for the quarter, compared to the consensus estimate of $3.98 billion. Synchrony Financial had a return on equity of 18.25% and a net margin of 15.58%. During the same quarter in the previous year, the company 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 announced a quarterly dividend on Friday, April 24th. Investors 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 3.28%. The ex-dividend date is Friday, May 1st. View Synchrony Financial's dividend history. What price target have analysts set for SYF? 13 Wall Street analysts have issued 12 month target prices for Synchrony Financial's stock. Their forecasts range from $11.00 to $42.00. On average, they expect Synchrony Financial's share price to reach $25.62 in the next year. This suggests that the stock has a possible downside of 4.7%. 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? Headlines about SYF stock have been trending somewhat negative on Friday, according to InfoTrie. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Synchrony Financial earned a news impact score of -1.7 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutSynchrony Financial. Are investors shorting Synchrony Financial? Synchrony Financial saw a increase in short interest in May. As of May 15th, there was short interest totaling 16,050,000 shares, an increase of 16.1% from the April 30th total of 13,830,000 shares. Based on an average daily volume of 10,570,000 shares, the days-to-cover ratio is presently 1.5 days. Currently, 2.8% of the company's shares are sold short. 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), HARGREAVES LANS/ADR (HRGLY), SBI (SBHGF), Green Dot (GDOT), LexinFintech (LX), Walker & Dunlop (WD), 360 Finance (QFIN), Mr. Cooper Group (COOP), Blucora (BCOR), Qudian (QD), Yirendai (YRD), Oportun Financial (OPRT), Curo Group (CURO), America First Multifamily Investors (ATAX) and CNFinance (CNF). View all 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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.95%), Capital World Investors (4.52%), State Street Corp (4.48%), AQR Capital Management LLC (2.19%), Geode Capital Management LLC (2.03%) and APG Asset Management N.V. (1.76%). 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 Janus Henderson Group PLC, Alliancebernstein L.P., APG Asset Management N.V., APG Asset Management N.V., Nuveen Asset Management LLC, Los Angeles Capital Management & Equity Research Inc., Wellington Management Group LLP, and APG Asset Management N.V.. Company insiders that have sold Synchrony Financial company stock in the last year include David P Melito, Margaret M Keane, and Will W Graylin. View insider buying and selling activity for Synchrony Financial. Which major investors are buying Synchrony Financial stock? SYF stock was purchased by a variety of institutional investors in the last quarter, including Capital World Investors, Altshuler Shaham Ltd, Ruffer LLP, Caisse DE Depot ET Placement DU Quebec, Par Capital Management Inc., MERIAN GLOBAL INVESTORS UK Ltd, Eminence Capital LP, and Deutsche Bank AG. 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 $26.87. How big of a company is Synchrony Financial? Synchrony Financial has a market capitalization of $15.68 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 6/5/2020 by MarketBeat.com Staff
