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 and personal care procedures, products, or services, such as dental, veterinary, cosmetic, vision and audiology; 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 multiple channels, including digital and print. Synchrony Financial has a strategic partnership with J. C. Penney Company, Inc. The company was incorporated in 2003 and is headquartered in Stamford, Connecticut.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Nondepository credit institutions
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:SYF
Previous Symbol
CUSIPN/A
Phone203-585-2400
Debt
Debt-to-Equity Ratio1.70
Current Ratio1.40
Quick Ratio1.40
Price-To-Earnings
Trailing P/E Ratio9.89
Forward P/E Ratio7.32
P/E Growth0.71
Sales & Book Value
Annual Sales$16.70 billion
Price / Sales1.12
Cash Flow$3.0482 per share
Price / Cash8.50
Book Value$19.47 per share
Price / Book1.33
Profitability
EPS (Most Recent Fiscal Year)$2.62
Net Income$1.94 billion
Net Margins13.70%
Return on Equity17.90%
Return on Assets2.58%
Miscellaneous
Employees16,000
Outstanding Shares718,730,000
Market Cap$18.62 billion
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 declared a quarterly dividend on Thursday, October 25th. Shareholders of record on Monday, November 5th will be given a dividend of $0.21 per share on Thursday, November 15th. This represents a $0.84 dividend on an annualized basis and a yield of 3.24%. The ex-dividend date is Friday, November 2nd. View Synchrony Financial's Dividend History.
How will Synchrony Financial's stock buyback program work?
Synchrony Financial announced that its board has authorized a share buyback 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 purchase up to 7.6% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board believes its shares are undervalued.
How were Synchrony Financial's earnings last quarter?
Synchrony Financial (NYSE:SYF) posted its quarterly earnings results on Friday, October, 19th. The financial services provider reported $0.91 EPS for the quarter, beating the Zacks' consensus estimate of $0.80 by $0.11. The financial services provider earned $4.21 billion during the quarter, compared to the consensus estimate of $4.18 billion. Synchrony Financial had a net margin of 13.70% and a return on equity of 17.90%. During the same period last year, the company earned $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?
17 brokerages have issued twelve-month price targets for Synchrony Financial's stock. Their forecasts range from $26.00 to $45.00. On average, they expect Synchrony Financial's stock price to reach $37.20 in the next twelve months. This suggests a possible upside of 43.6% from the stock's current price. View Analyst Price Targets for Synchrony Financial.
What is the consensus analysts' recommendation for Synchrony Financial?
17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synchrony Financial in the last year. There are currently 1 sell rating, 8 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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 lost in a year’s time, which is narrower than its industry’s loss. Moreover, it has witnessed its 2018 and 2019 earnings estimates move upward over the last seven days. The company is well-positioned for long-term growth on the back of increasing revenues, driven by rapidly rising interest income as well as inorganic growth strategies. Its continuous efforts in alliances and acquisitions are likely to drive the shares going forward. Moreover, its Retail Card platform continued to perform well over the past several quarters. However, the company has been witnessing a steep rise in its expenses since 2013, which has been weighing on its bottom line. The loss of Walmart is another headwind." (10/8/2018)
- 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)
Has Synchrony Financial been receiving favorable news coverage?
Media headlines about SYF stock have trended positive recently, InfoTrie reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Synchrony Financial earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the stock's share price in the immediate future.
Who are some of Synchrony Financial's key competitors?
Some companies that are related to Synchrony Financial include CHINA MERCHANTS/ADR (CIHKY), Ally Financial (ALLY), SBI (SBHGF), Green Dot (GDOT), LexinFintech (LX), Qudian (QD), Walker & Dunlop (WD), Blucora (BCOR), WMIH (COOP), Yirendai (YRD), Wins Finance (WINS), Curo Group (CURO), On Deck Capital (ONDK), Everi (EVRI) and America First Multifamily Investors (ATAX).
Who are Synchrony Financial's key executives?
Synchrony Financial's management team includes the folowing people:
- Ms. Margaret M. Keane, Pres, CEO & Director (Age 59)
- Mr. Brian D. Doubles, Exec. VP & CFO (Age 42)
- Mr. Jonathan S. Mothner Esq., Exec. VP, Gen. Counsel & Sec. (Age 54)
- Mr. Thomas M. Quindlen, Exec. VP & CEO of Retail Card (Age 55)
- 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 retail and institutional investors. Top institutional shareholders include FMR LLC (7.00%), BlackRock Inc. (6.26%), Janus Henderson Group PLC (2.59%), Baupost Group LLC MA (2.27%), First Eagle Investment Management LLC (2.19%) and Bank of New York Mellon Corp (1.40%). Company insiders that own Synchrony Financial stock include Brian D Doubles, David P Melito, 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 major investors are selling Synchrony Financial stock?
SYF stock was sold by a variety of institutional investors in the last quarter, including Baupost Group LLC MA, AQR Capital Management LLC, Bank of New York Mellon Corp, BlackRock Inc., Alliancebernstein L.P., CI Investments Inc., Mitsubishi UFJ Trust & Banking Corp and BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp. Company insiders that have sold Synchrony Financial company stock in the last year include David P Melito, Margaret M Keane, Neeraj Mehta, Paul Whynott and Thomas M Quindlen. View Insider Buying and Selling for Synchrony Financial.
Which major investors are buying Synchrony Financial stock?
SYF stock was bought by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , Janus Henderson Group PLC, Glenmede Trust Co. NA, AGF Investments Inc., FMR LLC, American Century Companies Inc., State of New Jersey Common Pension Fund D and Billings Capital Management 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 $25.91.
How big of a company is Synchrony Financial?
Synchrony Financial has a market capitalization of $18.62 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.
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.
