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 Nondepository credit institutions
Sub-IndustryN/A
SectorFinance
SymbolNYSE:SYF
CUSIPN/A
Phone203-585-2400
Debt
Debt-to-Equity Ratio1.46%
Current Ratio1.45%
Quick Ratio1.45%
Price-To-Earnings
Trailing P/E Ratio13.44
Forward P/E Ratio10.55
P/E Growth1.34
Sales & Book Value
Annual Sales$16.70 billion
Price / Sales1.61
Cash Flow$3.1173 per share
Price / Cash11.34
Book Value$18.47 per share
Price / Book1.91
Profitability
EPS (Most Recent Fiscal Year)$2.62
Net Income$1.94 billion
Net Margins11.75%
Return on Equity14.62%
Return on Assets2.27%
Miscellaneous
Employees16,000
Outstanding Shares760,220,000
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 Wednesday, January 24th. Shareholders of record on Monday, February 5th will be paid a dividend of $0.15 per share on Thursday, February 15th. This represents a $0.60 dividend on an annualized basis and a yield of 1.70%. The ex-dividend date of this dividend is Friday, February 2nd. 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 plan on Sunday, June 4th 2017, which allows the company to buyback $1,640,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 7.6% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board of directors believes its shares are undervalued.
How were Synchrony Financial's earnings last quarter?
Synchrony Financial (NYSE:SYF) posted its earnings results on Friday, January, 19th. The financial services provider reported $0.70 EPS for the quarter, topping analysts' consensus estimates of $0.63 by $0.07. The financial services provider earned $3.98 billion during the quarter, compared to analyst estimates of $3.96 billion. Synchrony Financial had a net margin of 11.75% and a return on equity of 14.62%. During the same quarter in the previous year, the firm posted $0.70 EPS. View Synchrony Financial's Earnings History.
When is Synchrony Financial's next earnings date?
What price target have analysts set for SYF?
21 brokerages have issued 12 month price targets for Synchrony Financial's stock. Their forecasts range from $29.00 to $53.00. On average, they anticipate Synchrony Financial's share price to reach $38.10 in the next twelve months. 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. According to Zacks Investment Research, "Synchrony Financial’s shares have outperformed the industry in the last six months. The company is well positioned for long-term growth on the back of consistent increase in revenues driven by its rapidly rising interest income and inorganic growth strategies. Moreover, its CareCredit platform continued to perform well over past many quarters. The company's fourth-quarter 2017 earnings surpassed the Zacks Consensus Estimate but remained flat year over year. The company has seen its Zacks Consensus Estimate for 2018 earnings being revised upward in the past 60 days. However, the company has been witnessing a steep rise in its expenses since 2013 that has been weighing on its bottom line. It also suffers from increasing allowance for loan losses that has been rising due to the rapid growth in its loan portfolio." (3/6/2018)
- 2. 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)
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), Qudian (QD), Green Dot (GDOT), Blackhawk Network (HAWK), Yirendai (YRD), Walker & Dunlop (WD), Blucora (BCOR), CURO Group (CURO), Everi (EVRI), OnDeck Capital (ONDK), America First Multifamily Investors (ATAX), Elevate Credit (ELVT), WMIH (WMIH), China Rapid Finance (XRF), Medallion Financial (MFIN), Security National Financial (SNFCA) and Consumer Portfolio Services (CPSS).
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)
Has Synchrony Financial been receiving favorable news coverage?
Media coverage about SYF stock has been trending somewhat positive recently, according to Accern. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Synchrony Financial earned a daily sentiment score of 0.24 on Accern's scale. They also gave news headlines about the financial services provider an impact score of 45.65 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
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 $35.35.
How big of a company is Synchrony Financial?
Synchrony Financial has a market capitalization of $26.28 billion and generates $16.70 billion in revenue each year. The financial services provider earns $1.94 billion in net income (profit) each year or $2.62 on an earnings per share basis. Synchrony Financial employs 16,000 workers across the globe.
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 (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.
Synchrony Financial (NYSE:SYF) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's 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's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
21 Wall Street analysts have issued ratings and price targets for Synchrony Financial in the last 12 months. Their average twelve-month price target is $38.10, suggesting that the stock has a possible upside of 7.78%. The high price target for SYF is $53.00 and the low price target for SYF is $29.00. There are currently 1 sell rating, 8 hold ratings and 12 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.52 | 2.60 | 2.60 | 2.52 |
| Ratings Breakdown: | 1 Sell Rating(s)
8 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
8 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
8 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
10 Hold Rating(s)
11 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $38.10 | $37.9444 | $38.2222 | $36.3684 |
| Price Target Upside: | 7.78% upside | 3.45% upside | 3.87% downside | 10.07% upside |
Synchrony Financial (NYSE:SYF) Consensus Price Target History
Synchrony Financial (NYSE:SYF) Analyst Ratings History
Show:
(Data available from 4/19/2016 forward)
Synchrony Financial (NYSE:SYF) Dividend Information
Synchrony Financial pays an annual dividend of $0.60 per share, with a dividend yield of 1.70%. SYF's most recent quarterly dividend payment was Thursday, February 15. Synchrony Financial pays out 22.90% of its earnings out as a dividend.
| Most Recent Dividend: | 2/15/2018 |
| Annual Dividend: | $0.60 |
| Dividend Yield: | 1.70% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 22.90% (Trailing 12 Months of Earnings)
17.91% (Based on This Year's Estimates)
14.71% (Based on Next Year's Estimates)
|
| Frequency: | Quarterly Dividend |
Synchrony Financial (NYSE:SYF) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 1/24/2018 | quarterly | $0.15 | 1.51% | 2/2/2018 | 2/5/2018 | 2/15/2018 |
| 10/26/2017 | quarterly | $0.15 | 1.83% | 11/3/2017 | 11/6/2017 | 11/16/2017 |
| 7/27/2017 | quarterly | $0.15 | 1.99% | 8/3/2017 | 8/7/2017 | 8/17/2017 |
| 4/27/2017 | quarterly | $0.13 | 1.57% | 5/4/2017 | 5/8/2017 | 5/18/2017 |
| 1/25/2017 | Quarterly | $0.13 | 1.42% | 2/2/2017 | 2/6/2017 | 2/16/2017 |
| 10/27/2016 | quarterly | $0.13 | 1.79% | 11/3/2016 | 11/7/2016 | 11/17/2016 |
| 7/8/2016 | special | $0.13 | | 8/10/2016 | 8/12/2016 | 8/25/2016 |
(Data available from 1/1/2013 forward)
Synchrony Financial (NYSE SYF) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.07%
Institutional Ownership Percentage: 88.67%
Synchrony Financial (NYSE SYF) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 4/4/2018 | Neeraj Mehta | Insider | Sell | 2,299 | $32.69 | $75,154.31 | 65,867 |  |
| 2/20/2018 | Thomas M Quindlen | Insider | Sell | 10,712 | $36.73 | $393,451.76 | | |
| 2/15/2018 | Margaret M Keane | Insider | Sell | 13,138 | $36.70 | $482,164.60 | 440,169 | |
| 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 | | |
(Data available from 1/1/2013 forward)
Synchrony Financial (NYSE SYF) News Headlines
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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 Thursday, April, 19, 2018
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