NYSE:SYF - Synchrony Financial Stock Price, Price Target & More

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$33.41 +0.59 (+1.80 %)
(As of 07/18/2018 04:00 PM ET)
Previous Close$32.82
Today's Range$32.80 - $33.54
52-Week Range$28.33 - $40.59
Volume5.24 million shs
Average Volume5.82 million shs
Market Capitalization$24.57 billion
P/E Ratio12.75
Dividend Yield1.84%
Beta1.14
Synchrony Financial logoSynchrony 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 was incorporated in 2003 and is headquartered in Stamford, Connecticut.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Nondepository credit institutions
Sub-IndustryN/A
SectorFinance
SymbolNYSE:SYF
CUSIPN/A
Phone203-585-2400

Debt

Debt-to-Equity Ratio1.46
Current Ratio1.41
Quick Ratio1.41

Price-To-Earnings

Trailing P/E Ratio12.75
Forward P/E Ratio9.88
P/E Growth0.77

Sales & Book Value

Annual Sales$16.70 billion
Price / Sales1.51
Cash Flow$3.1283 per share
Price / Cash10.68
Book Value$18.47 per share
Price / Book1.81

Profitability

EPS (Most Recent Fiscal Year)$2.62
Net Income$1.94 billion
Net Margins12.36%
Return on Equity15.60%
Return on Assets2.38%

Miscellaneous

Employees16,000
Outstanding Shares754,760,000
Market Cap$24,574.88

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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, April 26th. Stockholders of record on Monday, May 7th will be paid a dividend of $0.15 per share on Thursday, May 17th. This represents a $0.60 annualized dividend and a dividend yield of 1.80%. The ex-dividend date is Friday, May 4th. View Synchrony Financial's Dividend History.

How will Synchrony Financial's stock buyback program work?

Synchrony Financial announced that its Board of Directors has initiated a stock buyback plan on Sunday, June 4th 2017, which permits the company to buyback $1,640,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 7.6% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's management believes its stock is undervalued.

How were Synchrony Financial's earnings last quarter?

Synchrony Financial (NYSE:SYF) released its quarterly earnings results on Friday, April, 20th. The financial services provider reported $0.83 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.74 by $0.09. The financial services provider earned $3.84 billion during the quarter, compared to the consensus estimate of $3.89 billion. Synchrony Financial had a return on equity of 15.60% and a net margin of 12.36%. During the same period in the previous year, the business earned $0.61 earnings per share. View Synchrony Financial's Earnings History.

When is Synchrony Financial's next earnings date?

Synchrony Financial is scheduled to release their next quarterly earnings announcement on Friday, July, 27th 2018. View Earnings Estimates for Synchrony Financial.

What price target have analysts set for SYF?

15 brokerages have issued 12 month price objectives for Synchrony Financial's shares. Their forecasts range from $32.00 to $53.00. On average, they anticipate Synchrony Financial's stock price to reach $40.7857 in the next year. This suggests a possible upside of 22.1% from the stock's current price. View Analyst Ratings 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 1 sell rating, 4 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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?

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

Has Synchrony Financial been receiving favorable news coverage?

News articles about SYF stock have been trending positive recently, Accern reports. The research group rates the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Synchrony Financial earned a media sentiment score of 0.29 on Accern's scale. They also assigned headlines about the financial services provider an impact score of 46.29 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Who are Synchrony Financial's major shareholders?

Synchrony Financial's stock is owned by many different of institutional and retail investors. Top institutional investors include DnB Asset Management AS (0.17%), Pendal Group Ltd (0.07%), Retirement Systems of Alabama (0.04%), Kirr Marbach & Co. LLC IN (0.04%), Calamos Advisors LLC (0.03%) and NN Investment Partners Holdings N.V. (0.03%). 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, 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 Assenagon Asset Management S.A., NN Investment Partners Holdings N.V., Gulf International Bank UK Ltd, Verde Servicos Internacionais S.A., DnB Asset Management AS, Boyd Watterson Asset Management LLC OH, Retirement Systems of Alabama and Gateway Investment Advisers LLC. Company insiders that have sold Synchrony Financial company stock in the last year include David P Melito, Jonathan S Mothner, 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 Pendal Group Ltd, Meag Munich Ergo Kapitalanlagegesellschaft MBH, FormulaFolio Investments LLC, Westpac Banking Corp, Atria Investments LLC, State of Alaska Department of Revenue, Fox Run Management L.L.C. and Denali Advisors LLC. Company insiders that have bought Synchrony Financial stock in the last two years include Laurel Richie, Olympia J Snowe, Paget Leonard Alves 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 $33.41.

How big of a company is Synchrony Financial?

Synchrony Financial has a market capitalization of $24.57 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 (NYSE SYF)

Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  588 (Vote Outperform)
Underperform Votes:  305 (Vote Underperform)
Total Votes:  893
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.
This page was last updated on 7/18/2018 by MarketBeat.com Staff

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