NYSE:SYF

Synchrony Financial - SYF Stock Forecast, Price & News

$36.03

+0.28 (+0.78%)

(As of 08/16/2022 12:00 AM ET)

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Today's Range: $35.43
▼
$36.27
50-Day Range: $27.62
▼
$36.14
52-Week Range: $27.22
▼
$52.49

Volume: 3.01 million shs
Average Volume: 5.00 million shs
Market Capitalization: $17.36 billion

P/E Ratio: 5.26
Dividend Yield: 2.57%
Price Target: $44.88

Synchrony Financial MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.60 Rating Score
Upside/Downside: 24.5% Upside
$44.88 Price Target
Short Interest: Healthy
2.45% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -0.43
Upright™ Environmental Score
News Sentiment: 0.07
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -5.00%
From $5.80 to $5.51 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.75 out of 5 stars

Finance Sector

79th out of 924 stocks

Nondepository Credit Institutions Industry

4th out of 33 stocks

3.3

Analyst's Opinion

Consensus Rating
Synchrony Financial has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 10 buy ratings, 4 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $44.88, Synchrony Financial has a forecasted upside of 24.5% from its current price of $36.03.
Amount of Analyst Coverage
Synchrony Financial has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
2.45% of the float of Synchrony Financial has been sold short.
Short Interest Ratio / Days to Cover
Synchrony Financial has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Synchrony Financial has recently increased by 4.07%, indicating that investor sentiment is decreasing.

2.5

Dividend Strength

Dividend Yield
Synchrony Financial pays a meaningful dividend of 2.57%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Synchrony Financial has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Synchrony Financial is 13.43%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Synchrony Financial will have a dividend payout ratio of 16.70% next year. This indicates that Synchrony Financial will be able to sustain or increase its dividend.

3.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Synchrony Financial has received a 48.11% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Consumer savings accounts provided by online banks", "Consumer transaction accounts provided by online banks", "Mortgages provided by online banks", and "Commercial deposit accounts" products. See details.
Environmental Sustainability
The Environmental Impact score for Synchrony Financial is -0.43.

1.7

News and Social Media Coverage

News Sentiment
Synchrony Financial has a news sentiment score of 0.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Synchrony Financial this week, compared to 3 articles on an average week.
Search Interest
Only 15 people have searched for SYF on MarketBeat in the last 30 days. This is a decrease of -42% compared to the previous 30 days.
MarketBeat Follows
Only 6 people have added Synchrony Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Synchrony Financial insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.55% of the stock of Synchrony Financial is held by insiders.
Percentage Held by Institutions
98.26% of the stock of Synchrony Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Synchrony Financial are expected to decrease by -5.00% in the coming year, from $5.80 to $5.51 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Synchrony Financial is 5.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.27.
Price to Earnings Ratio vs. Sector
The P/E ratio of Synchrony Financial is 5.26, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 144.66.
Price to Earnings Growth Ratio
Synchrony Financial has a PEG Ratio of 0.27. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Synchrony Financial has a P/B Ratio of 1.53. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Synchrony Financial (NYSE:SYF) Stock

Synchrony Financial, together with its subsidiaries, operates as a consumer financial services company in the United States. It provides credit products, such as credit cards, commercial credit products, and consumer installment loans. The company also offers private label credit cards, dual cards, co-brand and general purpose credit cards, short- and long-term installment loans, and consumer banking 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. In addition, it provides debt cancellation products to its credit card customers through online, mobile, and direct mail; healthcare payments and financing solutions under the CareCredit, Pets Best, and Walgreens brands; payments and financing solutions in the apparel, specialty retail, outdoor, music, and luxury industries; and point-of-sale consumer financing for audiology products and dental services. 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. It serves digital, health and wellness, retail, home, auto, powersports, jewelry, pets, and other industries. Synchrony Financial was founded in 1932 and is headquartered in Stamford, Connecticut.

Synchrony Financial Stock Performance

Shares of NYSE:SYF traded up $0.28 during midday trading on Tuesday, hitting $36.03. The company had a trading volume of 3,007,950 shares, compared to its average volume of 6,680,528. The company has a market cap of $17.36 billion, a price-to-earnings ratio of 5.22, a PEG ratio of 0.27 and a beta of 1.57. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.21 and a quick ratio of 1.21. The company has a fifty day moving average of $31.55 and a two-hundred day moving average of $35.75. Synchrony Financial has a 12-month low of $27.22 and a 12-month high of $52.49.

Synchrony Financial (NYSE:SYF - Get Rating) last issued its quarterly earnings results on Monday, July 18th. The financial services provider reported $1.60 EPS for the quarter, topping analysts' consensus estimates of $1.47 by $0.13. Synchrony Financial had a return on equity of 27.06% and a net margin of 22.76%. During the same period in the previous year, the business earned $2.12 earnings per share. On average, equities research analysts expect that Synchrony Financial will post 5.8 EPS for the current fiscal year.

Synchrony Financial Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, August 11th. Shareholders of record on Monday, August 1st were issued a dividend of $0.23 per share. The ex-dividend date was Friday, July 29th. This represents a $0.92 annualized dividend and a yield of 2.55%. This is an increase from Synchrony Financial's previous quarterly dividend of $0.22. Synchrony Financial's payout ratio is currently 13.43%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. BMO Capital Markets raised their price target on shares of Synchrony Financial from $49.00 to $52.00 and gave the company an "outperform" rating in a research report on Tuesday, April 19th. The Goldman Sachs Group upped their price target on Synchrony Financial from $40.00 to $45.00 and gave the company a "buy" rating in a report on Tuesday, April 19th. Piper Sandler set a $41.00 price objective on Synchrony Financial in a report on Tuesday, July 19th. Keefe, Bruyette & Woods decreased their target price on Synchrony Financial from $59.00 to $46.00 in a research report on Monday, July 11th. Finally, TheStreet downgraded shares of Synchrony Financial from a "b-" rating to a "c+" rating in a report on Tuesday, July 19th. One analyst has rated the stock with a sell rating, four have given a hold rating and twelve have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $45.76.

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SYF Stock News Headlines

July 18, 2022 | marketbeat.com

Wall Street ticks higher as corporate profit reports ramp up

Stocks are ticking higher on Wall Street on Monday ahead of another busy week for profit reports from U.S. companies

August 14, 2022 | americanbankingnews.com

Sunlight Financial (NYSE:SUNL) & Synchrony Financial (NYSE:SYF) Critical Review

August 13, 2022 | nasdaq.com

September 30th Options Now Available For Synchrony Financial (SYF)

August 11, 2022 | nasdaq.com

Here's Why We Think Synchrony Financial (NYSE:SYF) Is Well Worth Watching

August 2, 2022 | finance.yahoo.com

Why Synchrony's Stock Price Soared 21.1% in July

July 28, 2022 | americanbankingnews.com

Synchrony Financial (NYSE:SYF) Rating Increased to Buy at StockNews.com

July 27, 2022 | nasdaq.com

Ex-Dividend Reminder: Umpqua Holdings, Synchrony Financial and Realty Income

July 27, 2022 | finance.yahoo.com

23% earnings growth over 1 year has not materialized into gains for Synchrony Financial (NYSE:SYF) shareholders over that period

July 26, 2022 | americanbankingnews.com

Synchrony Financial (NYSE:SYF) Receives $45.76 Average Price Target from Analysts

July 23, 2022 | americanbankingnews.com

Synchrony Financial (NYSE:SYF) Downgraded to "C+" at TheStreet

July 18, 2022 | finance.yahoo.com

Synchrony Financial (SYF) Q2 2022 Earnings Call Transcript

July 15, 2022 | nasdaq.com

First Week of SYF March 2023 Options Trading

July 13, 2022 | finance.yahoo.com

Are Options Traders Betting on a Big Move in Synchrony Financial (SYF) Stock?

July 5, 2022 | uk.finance.yahoo.com

Can Synchrony Financial ride out the economic uncertainty?

June 29, 2022 | seekingalpha.com

Synchrony Financial added to Citi's Focus List on better risk-reward setup

May 31, 2022 | nasdaq.com

July 2023 Options Now Available For Synchrony Financial (SYF)

May 30, 2022 | marketwatch.com

Grabar Law Office Investigates Potential Claims Against Officers and Directors of Synchrony Financial (NYSE: SYF)

May 4, 2022 | sg.finance.yahoo.com

Synchrony (SYF) Just Overtook the 20-Day Moving Average

May 4, 2022 | finance.yahoo.com

Synchrony (SYF) Recently Broke Out Above the 50-Day Moving Average

April 22, 2022 | finance.yahoo.com

Better Buy: Synchrony Financial vs. Affirm Holdings

April 21, 2022 | stocknews.com

5 Large-Cap Growth Stocks to Sell Now

April 19, 2022 | finance.yahoo.com

Developer to purchase large property at Dayton-area business park

April 18, 2022 | seekingalpha.com

Synchrony Financial (SYF) CEO Brian Doubles on Q1 2022 Results - Earnings Call Transcript

April 18, 2022 | nasdaq.com

Synchrony Financial Q1 Profit beats estimates

April 18, 2022 | seekingalpha.com

Synchrony Financial approves incremental $2.8B buyback program, raises dividend by 5%

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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SYF Company Calendar

Last Earnings: 7/18/2022
Ex-Dividend for 8/11 Dividend: 7/29/2022
Dividend Payable: 8/11/2022
Today: 8/17/2022
Next Earnings (Estimated): 10/18/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Nondepository credit institutions
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:SYF
CUSIP: N/A
CIK: 1601712
Web: www.synchronyfinancial.com
Phone: (203) 585-2400
Fax: N/A
Employees: 18,000
Year Founded: 2003

Price Target and Rating

Average Stock Price Forecast: $44.88
High Stock Price Forecast: $65.00
Low Stock Price Forecast: $22.00
Forecasted Upside/Downside: +24.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.60
Research Coverage: 15 Analysts

Profitability

EPS (Most Recent Fiscal Year): $6.85
Trailing P/E Ratio: 5.26
Forward P/E Ratio: 6.21
P/E Growth: 0.27
Net Income: $4.22 billion
Net Margins: 22.76%
Pretax Margin: 29.89%
Return on Equity: 27.06%
Return on Assets: 3.68%

Debt

Debt-to-Equity Ratio: 0.96
Current Ratio: 1.21
Quick Ratio: 1.21

Sales & Book Value

Annual Sales: $15.75 billion
Price / Sales: 1.10
Cash Flow: $8.15 per share
Price / Cash Flow: 4.42
Book Value: $26.28 per share
Price / Book: 1.37

Miscellaneous

Outstanding Shares: 481,760,000
Free Float: 479,109,000
Market Cap: $17.36 billion
Optionable: Optionable
Beta: 1.57

Social Links

Key Executives

Ms. Margaret M. Keane (Age 63)
Exec. Chair of the Board
Comp: $4.5M
Mr. Brian D. Doubles (Age 46)
Pres, CEO & Director
Comp: $3.63M
Mr. Brian J. Wenzel Sr. (Age 54)
Exec. VP & CFO
Comp: $1.83M
Ms. Carol D. Juel (Age 49)
Exec. VP & Chief Technology and Operating Officer
Comp: $1.71M
Mr. Thomas M. Quindlen (Age 60)
Exec. VP and CEO of Diversified, Value & Lifestyle Platforms
Comp: $2.31M
Mr. Alberto Casellas (Age 55)
Exec. VP and CEO of Health & Wellness
Comp: $1.65M
Mr. David P. Melito (Age 56)
Sr. VP, Chief Accounting Officer & Controller
Ms. Kathryn Harmon Miller
Sr. VP of Investor Relations
Mr. Jonathan S. Mothner Esq. (Age 58)
Exec. VP, Gen. Counsel & Sec.
Ms. Trish Mosconi
EVP, Chief Strategy Officer & Corp. Devel. Leader

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SYF Stock - Frequently Asked Questions

Should I buy or sell Synchrony Financial stock right now?: 15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Synchrony Financial in the last year. There are currently 1 sell rating, 4 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SYF shares.
View SYF analyst ratings or view top-rated stocks.
What is Synchrony Financial's stock price forecast for 2022?: 15 brokers have issued 12-month target prices for Synchrony Financial's shares. Their SYF share price forecasts range from $22.00 to $65.00. On average, they expect the company's share price to reach $44.88 in the next year. This suggests a possible upside of 24.5% from the stock's current price.
View analysts price targets for SYF or view top-rated stocks among Wall Street analysts.
How have SYF shares performed in 2022?: Synchrony Financial's stock was trading at $46.39 at the start of the year. Since then, SYF shares have decreased by 22.3% and is now trading at $36.03.
View the best growth stocks for 2022 here.
When is Synchrony Financial's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 18th 2022.
View our SYF earnings forecast.
How were Synchrony Financial's earnings last quarter?: Synchrony Financial (NYSE:SYF) issued its earnings results on Monday, July, 18th. The financial services provider reported $1.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.47 by $0.13. Synchrony Financial had a trailing twelve-month return on equity of 27.06% and a net margin of 22.76%. During the same quarter in the previous year, the firm posted $2.12 earnings per share.
Read the conference call transcript.
How often does Synchrony Financial pay dividends? What is the dividend yield for Synchrony Financial?: Synchrony Financial declared a quarterly dividend on Thursday, July 21st. Investors of record on Monday, August 1st will be given a dividend of $0.23 per share on Thursday, August 11th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.55%. The ex-dividend date is Friday, July 29th. This is a boost from the stock's previous quarterly dividend of $0.22.
Read our dividend analysis for SYF.
Is Synchrony Financial a good dividend stock?: Synchrony Financial (NYSE:SYF) pays an annual dividend of $0.92 per share and currently has a dividend yield of 2.57%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 13.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SYF will have a dividend payout ratio of 16.70% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SYF.
How will Synchrony Financial's stock buyback program work?: Synchrony Financial declared that its Board of Directors has initiated a share repurchase plan on Monday, April 18th 2022, which authorizes the company to repurchase $2,800,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 13.6% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's management believes its shares are undervalued.

What is Margaret M. Keane's approval rating as Synchrony Financial's CEO?: 598 employees have rated Synchrony Financial Chief Executive Officer Margaret M. Keane on Glassdoor.com. Margaret M. Keane has an approval rating of 94% among the company's employees. This puts Margaret M. Keane in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
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), AT&T (T), Intel (INTC), General Electric (GE), Cisco Systems (CSCO), Micron Technology (MU), Wells Fargo & Company (WFC), Verizon Communications (VZ), QUALCOMM (QCOM) and NVIDIA (NVDA).
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 institutional and retail investors. Top institutional investors include FMR LLC (5.38%), State Street Corp (4.70%), Northern Trust Corp (1.28%), CI Investments Inc. (1.18%), Artisan Partners Limited Partnership (0.98%) and Millennium Management LLC (0.85%). Insiders that own company stock include Carol Juel, David P Melito, Laurel Richie, Paul Whynott, PW Parker and Will W Graylin.
View institutional ownership trends.
How do I buy shares of Synchrony Financial?: Shares of SYF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Synchrony Financial's stock price today?: One share of SYF stock can currently be purchased for approximately $36.03.
How much money does Synchrony Financial make?: Synchrony Financial (NYSE:SYF) has a market capitalization of $17.36 billion and generates $15.75 billion in revenue each year. The financial services provider earns $4.22 billion in net income (profit) each year or $6.85 on an earnings per share basis.
How many employees does Synchrony Financial have?: The company employs 18,000 workers across the globe.
Does Synchrony Financial have any subsidiaries?: The following companies are subsidiares of Synchrony Financial: CareCredit LLC, GPShopper, GPShopper LLC, Loop Commerce Inc., Pets Best, RFS Holding Inc., RFS Holding L.L.C., Retail Finance Credit Services LLC, Retail Finance International Holdings Inc., Retail Finance Servicing LLC, Synchrony Bank, Synchrony Card Funding LLC, Synchrony Financial Canada, Synchrony Financial Canada Company, Synchrony Financial Services Puerto Rico LLC, Synchrony Global Services Philippines Inc., Synchrony Holding Company, Synchrony International Resource Management LLC, Synchrony International Services Private Limited, Synchrony Lending Inc., and Synchrony Sales Finance Holding LLC.
Read More
When was Synchrony Financial founded?: Synchrony Financial was founded in 2003.
How can I contact Synchrony Financial?: Synchrony Financial's mailing address is 777 LONG RIDGE ROAD, STAMFORD CT, 06902. The official website for the company is www.synchronyfinancial.com. The financial services provider can be reached via phone at (203) 585-2400 or via email at investorrelations@syf.com.

This page (NYSE:SYF) was last updated on 8/17/2022 by MarketBeat.com Staff

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Synchrony Financial - SYF Stock Forecast, Price & News

Synchrony Financial MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability