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S&P 500   4,228.48
DOW   33,706.74
QQQ   322.86
Apple’s Stock Could Be On The Verge Of Another 30% Rally
The Day of Financial Reckoning Is Near (Ad)
2 Russian villages evacuated after fire at munitions depot
Near-Term Headwinds Present An Opportunity In Ross Stores
The ONLY Way to Play Markets Like These (Ad)pixel
Global markets lower after Wall Street gains on jobs data
Stocks fall broadly, S&P 500 set to break winning streak
The ONLY Way to Play Markets Like These (Ad)pixel
Closing prices for crude oil, gold and other commodities
Yangtze shrinks as China's drought disrupts industry
S&P 500   4,228.48
DOW   33,706.74
QQQ   322.86
Apple’s Stock Could Be On The Verge Of Another 30% Rally
The Day of Financial Reckoning Is Near (Ad)
2 Russian villages evacuated after fire at munitions depot
Near-Term Headwinds Present An Opportunity In Ross Stores
The ONLY Way to Play Markets Like These (Ad)pixel
Global markets lower after Wall Street gains on jobs data
Stocks fall broadly, S&P 500 set to break winning streak
The ONLY Way to Play Markets Like These (Ad)pixel
Closing prices for crude oil, gold and other commodities
Yangtze shrinks as China's drought disrupts industry
S&P 500   4,228.48
DOW   33,706.74
QQQ   322.86
Apple’s Stock Could Be On The Verge Of Another 30% Rally
The Day of Financial Reckoning Is Near (Ad)
2 Russian villages evacuated after fire at munitions depot
Near-Term Headwinds Present An Opportunity In Ross Stores
The ONLY Way to Play Markets Like These (Ad)pixel
Global markets lower after Wall Street gains on jobs data
Stocks fall broadly, S&P 500 set to break winning streak
The ONLY Way to Play Markets Like These (Ad)pixel
Closing prices for crude oil, gold and other commodities
Yangtze shrinks as China's drought disrupts industry
NYSE:SYF

Synchrony Financial - SYF Stock Forecast, Price & News

$34.31
-1.06 (-3.00%)
(As of 08/19/2022 12:00 AM ET)
Add
Compare
Today's Range
$34.19
$35.07
50-Day Range
$27.62
$36.14
52-Week Range
$27.22
$52.49
Volume
4.70 million shs
Average Volume
6.61 million shs
Market Capitalization
$16.53 billion
P/E Ratio
5.01
Dividend Yield
2.60%
Price Target
$44.88

Synchrony Financial MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
30.8% 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
0.11mentions of Synchrony Financial in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-4.66%
From $5.79 to $5.52 Per Share

Overall MarketRank

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

3.05 out of 5 stars

Finance Sector

73rd out of 896 stocks

Nondepository Credit Institutions Industry

4th out of 33 stocks

SYF stock logo

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 SYF traded down $0.94 during midday trading on Friday, hitting $34.43. 44,140 shares of the stock traded hands, compared to its average volume of 4,558,285. Synchrony Financial has a 1-year low of $27.22 and a 1-year high of $52.49. The firm has a market capitalization of $16.59 billion, a PE ratio of 5.16, a price-to-earnings-growth ratio of 0.26 and a beta of 1.57. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.21 and a current ratio of 1.21. The business's 50 day moving average price is $31.58 and its two-hundred day moving average price is $35.70.

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 the consensus estimate of $1.47 by $0.13. Synchrony Financial had a net margin of 22.76% and a return on equity of 27.06%. During the same period in the previous year, the firm earned $2.12 EPS. Equities research analysts predict that Synchrony Financial will post 5.79 EPS for the current fiscal year.

Synchrony Financial Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 11th. Shareholders of record on Monday, August 1st were given a dividend of $0.23 per share. The ex-dividend date of this dividend was Friday, July 29th. This represents a $0.92 dividend on an annualized basis and a yield of 2.67%. This is a boost from Synchrony Financial's previous quarterly dividend of $0.22. Synchrony Financial's dividend payout ratio is presently 13.43%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on SYF. Keefe, Bruyette & Woods dropped their target price on shares of Synchrony Financial from $59.00 to $46.00 in a research report on Monday, July 11th. TheStreet cut shares of Synchrony Financial from a "b-" rating to a "c+" rating in a research report on Tuesday, July 19th. Morgan Stanley cut their price objective on shares of Synchrony Financial from $40.00 to $31.00 and set an "equal weight" rating on the stock in a research report on Tuesday, July 12th. Barclays lowered their target price on shares of Synchrony Financial from $64.00 to $49.00 and set an "overweight" rating for the company in a research note on Monday, July 11th. Finally, Credit Suisse Group upped their price objective on shares of Synchrony Financial from $46.00 to $47.00 and gave the stock an "outperform" rating in a research note on Tuesday, July 19th. One equities research 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. According to MarketBeat, Synchrony Financial presently has a consensus rating of "Moderate Buy" and an average target price of $45.76.

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SYF Stock News Headlines

Why Synchrony's Stock Price Soared 21.1% in July
Better Buy: Synchrony Financial vs. Affirm Holdings
5 Large-Cap Growth Stocks to Sell Now
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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
8/19/2022
Next Earnings (Estimated)
10/18/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Nondepository credit institutions
Sub-Industry
N/A
Sector
Finance
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
+30.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
15 Analysts

Profitability

Net Income
$4.22 billion
Pretax Margin
29.89%

Debt

Sales & Book Value

Annual Sales
$15.75 billion
Cash Flow
$7.89 per share
Book Value
$26.28 per share

Miscellaneous

Free Float
479,109,000
Market Cap
$16.53 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. JuelMs. 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. MelitoMr. 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













SYF Stock - Frequently Asked Questions

Should I buy or sell Synchrony Financial stock right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synchrony Financial in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street 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 twelve-month target prices for Synchrony Financial's shares. Their SYF share price forecasts range from $22.00 to $65.00. On average, they anticipate the company's stock price to reach $44.88 in the next twelve months. This suggests a possible upside of 30.8% 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 26.0% and is now trading at $34.31.
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) released its quarterly earnings data on Monday, July, 18th. The financial services provider reported $1.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.47 by $0.13. Synchrony Financial had a net margin of 22.76% and a trailing twelve-month return on equity of 27.06%. During the same quarter last year, the business earned $2.12 EPS.
Read the conference call transcript
.

How often does Synchrony Financial pay dividends? What is the dividend yield for Synchrony Financial?

Synchrony Financial announced a quarterly dividend on Thursday, July 21st. Stockholders of record on Monday, August 1st will be paid a dividend of $0.23 per share on Thursday, August 11th. This represents a $0.92 dividend on an annualized basis and a yield of 2.68%. The ex-dividend date of this dividend 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 2.60%. 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 16.67% 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 authorized a stock buyback program on Monday, April 18th 2022, which permits the company to buyback $2,800,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy up to 13.6% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's management believes its stock is 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 retail and institutional investors. Top institutional investors include FMR LLC (5.38%), State Street Corp (4.70%), Goldman Sachs Group Inc. (1.77%), Northern Trust Corp (1.28%), CI Investments Inc. (1.18%) and Artisan Partners Limited Partnership (0.98%). 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 $34.31.

How much money does Synchrony Financial make?

Synchrony Financial (NYSE:SYF) has a market capitalization of $16.53 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 8/20/2022 by MarketBeat.com Staff

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