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 N/A
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 Date4/19/2019 (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. Shareholders 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 annualized dividend and a yield of 2.52%. 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 declared that its Board of Directors has authorized a stock repurchase program on Sunday, June 4th 2017, which authorizes the company to buyback $1,640,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 7.6% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's board of directors believes its stock is undervalued.
How were Synchrony Financial's earnings last quarter?
Synchrony Financial (NYSE:SYF) posted its earnings results on Wednesday, January, 23rd. The financial services provider reported $1.09 EPS for the quarter, beating analysts' consensus estimates of $0.93 by $0.16. The financial services provider had revenue of $4.40 billion for the quarter, compared to analyst estimates of $4.25 billion. Synchrony Financial had a return on equity of 19.41% and a net margin of 15.45%. During the same quarter in the prior year, the firm posted $0.70 earnings per share. View Synchrony Financial's Earnings History.
When is Synchrony Financial's next earnings date?
What price target have analysts set for SYF?
15 brokerages have issued 12 month price targets for Synchrony Financial's stock. Their forecasts range from $32.00 to $45.00. On average, they expect Synchrony Financial's stock price to reach $37.6923 in the next twelve months. This suggests a possible upside of 13.0% from the stock's current price. View Analyst Price Targets for Synchrony Financial.
What is the consensus analysts' recommendation for Synchrony Financial?
15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synchrony Financial in the last year. There are currently 6 hold ratings and 9 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 headlines about SYF stock have been trending somewhat positive recently, InfoTrie reports. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Synchrony Financial earned a daily sentiment score of 1.1 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next several days.
Who are some of Synchrony Financial's key competitors?
Some companies that are related to Synchrony Financial include Itau Unibanco (ITUB), COMWLTH BK AUS/S (CMWAY), Bank of Nova Scotia (BNS), American Tower (AMT), U.S. Bancorp (USB), Banco Bradesco (BBD), Banco Santander (SAN), China Life Insurance (LFC), Australia and New Zealand Banking Group (ANZ), Goldman Sachs Group (GS), Morgan Stanley (MS), National Australia Bank (NAB), Invesco QQQ Trust (QQQ), SBERBANK RUSSIA/S (SBRCY) and Mitsubishi UFJ Financial Group (MUFG).
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 a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.47%), FMR LLC (4.66%), Baupost Group LLC MA (2.02%), Geode Capital Management LLC (1.46%), CI Investments Inc. (1.38%) and Bank of New York Mellon Corp (1.34%). 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 FMR LLC, Bessemer Group Inc., Thrivent Financial for Lutherans, Baupost Group LLC MA, American Century Companies Inc., Boston Partners, Amundi Pioneer Asset Management Inc. and Bank of Nova Scotia. Company insiders that have sold Synchrony Financial company stock in the last year include David P Melito, Henry F Greig, Neeraj Mehta and Paul Whynott. View Insider Buying and Selling for Synchrony Financial.
Which institutional investors are buying Synchrony Financial stock?
SYF stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Millennium Management LLC, Oregon Public Employees Retirement Fund, BlackRock Inc., CI Investments Inc., Dimensional Fund Advisors LP, Two Sigma Advisers LP and DPM Capital LLC. 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 $33.36.
How big of a company is Synchrony Financial?
Synchrony Financial has a market capitalization of $23.68 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.
