NYSE:SYF - Synchrony Financial Stock Price, Forecast & News

Synchrony Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "SYF."

Synchrony Financial announced a quarterly dividend on Tuesday, January 28th. Stockholders of record on Friday, February 7th will be paid a dividend of $0.22 per share on Thursday, February 13th. This represents a $0.88 annualized dividend and a dividend yield of 2.64%. The ex-dividend date is Thursday, February 6th. View Synchrony Financial's Dividend History.

Synchrony Financial (NYSE:SYF) posted its earnings results on Friday, January, 24th. The financial services provider reported $1.10 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.08 by $0.02. The financial services provider had revenue of $4.03 billion for the quarter, compared to analyst estimates of $3.97 billion. Synchrony Financial had a net margin of 19.63% and a return on equity of 19.62%. During the same quarter last year, the business posted $1.09 earnings per share. View Synchrony Financial's Earnings History.

Synchrony Financial is scheduled to release their next quarterly earnings announcement on Thursday, April 16th 2020. View Earnings Estimates for Synchrony Financial.

11 brokers have issued 1 year price targets for Synchrony Financial's shares. Their forecasts range from $34.00 to $43.00. On average, they expect Synchrony Financial's stock price to reach $39.20 in the next twelve months. This suggests a possible upside of 17.5% from the stock's current price. View Analyst Price Targets for Synchrony Financial.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synchrony Financial in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Synchrony Financial.

Media stories about SYF stock have trended positive recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Synchrony Financial earned a media sentiment score of 3.0 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Synchrony Financial.

Synchrony Financial saw a decrease in short interest during the month of January. As of January 31st, there was short interest totalling 15,060,000 shares, a decrease of 10.3% from the January 15th total of 16,780,000 shares. Based on an average daily volume of 4,900,000 shares, the days-to-cover ratio is presently 3.1 days. Currently, 2.3% of the company's shares are short sold. View Synchrony Financial's Current Options Chain.

Some companies that are related to Synchrony Financial include Zurich Insurance Group (ZURVY), Ally Financial (ALLY), HARGREAVES LANS/ADR (HRGLY), SBI (SBHGF), Walker & Dunlop (WD), LexinFintech (LX), Green Dot (GDOT), Mr. Cooper Group (COOP), 360 Finance (QFIN), Blucora (BCOR), Qudian (QD), Curo Group (CURO), Oportun Financial (OPRT), America First Multifamily Investors (ATAX) and Yirendai (YRD).

Based on aggregate information from My MarketBeat watchlists, some companies that other Synchrony Financial investors own include Bank of America (BAC), General Electric (GE), Micron Technology (MU), Alibaba Group (BABA), AT&T (T), NVIDIA (NVDA), Intel (INTC), Cisco Systems (CSCO), Ford Motor (F) and QUALCOMM (QCOM).

Synchrony Financial's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (5.48%), State Street Corp (4.22%), Janus Henderson Group PLC (2.40%), AQR Capital Management LLC (2.10%), Goldman Sachs Group Inc. (1.91%) and Alliancebernstein L.P. (1.52%). Company insiders that own Synchrony Financial stock include David P Melito, Henry F Greig, Laurel Richie, Margaret M Keane, Neeraj Mehta, Paul Whynott, Roy A Guthrie, Thomas M Quindlen and Will W Graylin. View Institutional Ownership Trends for Synchrony Financial.

SYF stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, AQR Capital Management LLC, Baupost Group LLC MA, FMR LLC, Alliancebernstein L.P., Point72 Asset Management L.P., CI Investments Inc. and Artemis Investment Management LLP. Company insiders that have sold Synchrony Financial company stock in the last year include David P Melito, Henry F Greig, Margaret M Keane and Will W Graylin. View Insider Buying and Selling for Synchrony Financial.

SYF stock was purchased by a variety of institutional investors in the last quarter, including Los Angeles Capital Management & Equity Research Inc., MUFG Securities EMEA plc, PGGM Investments, Sanders Capital LLC, Todd Asset Management LLC, Toronto Dominion Bank, Credit Suisse AG and Bank of America Corp DE. Company insiders that have bought Synchrony Financial stock in the last two years include Laurel Richie and Roy A Guthrie. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of SYF stock can currently be purchased for approximately $33.37.

Synchrony Financial has a market capitalization of $20.47 billion and generates $19.09 billion in revenue each year. The financial services provider earns $3.75 billion in net income (profit) each year or $4.29 on an earnings per share basis. Synchrony Financial employs 16,500 workers across the globe.View Additional Information About Synchrony Financial.

The official website for Synchrony Financial is http://www.synchronyfinancial.com/.

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]