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
Industry Nondepository credit institutions
Sub-IndustryN/A
SectorFinance
Phone203-585-2400
Debt
Current Ratio1.40
Quick Ratio1.40
Price-To-Earnings
Sales & Book Value
Annual Sales$16.70 billion
Price / Sales1.14
Price / Cash Flow8.48
Price / Book1.43
Profitability
Net Income$1.94 billion
Net Margins13.70%
Return on Assets2.58%
Miscellaneous
Employees16,000
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 announced a quarterly dividend on Thursday, October 25th. Investors 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 dividend yield of 3.18%. 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 declared that its Board of Directors has authorized a stock buyback plan on Sunday, June 4th 2017, which authorizes the company to repurchase $1,640,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 7.6% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's leadership believes its stock is undervalued.
How were Synchrony Financial's earnings last quarter?
Synchrony Financial (NYSE:SYF) posted its quarterly earnings data on Friday, October, 19th. The financial services provider reported $0.91 earnings per share for the quarter, beating the 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 return on equity of 17.90% and a net margin of 13.70%. During the same period in the prior year, the business earned $0.70 EPS. View Synchrony Financial's Earnings History.
When is Synchrony Financial's next earnings date?
What price target have analysts set for SYF?
13 equities research analysts have issued 1-year price objectives for Synchrony Financial's stock. Their forecasts range from $26.00 to $45.00. On average, they expect Synchrony Financial's share price to reach $35.8182 in the next twelve months. This suggests a possible upside of 35.8% from the stock's current price. View Analyst Price Targets for Synchrony Financial.
What is the consensus analysts' recommendation for Synchrony Financial?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synchrony Financial in the last year. There are currently 8 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Synchrony Financial.
Has Synchrony Financial been receiving favorable news coverage?
Media coverage about SYF stock has been trending somewhat negative this week, according to InfoTrie. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Synchrony Financial earned a media sentiment score of -1.2 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the stock's share price in the next several days.
Who are some of Synchrony Financial's key competitors?
Some companies that are related to Synchrony Financial include Zurich Insurance Group (ZURVY), CHINA MERCHANTS/ADR (CIHKY), HARGREAVES LANS/ADR (HRGLY), Ally Financial (ALLY), SBI (SBHGF), Green Dot (GDOT), Qudian (QD), Walker & Dunlop (WD), 360 Finance (QFIN), LexinFintech (LX), Blucora (BCOR), Mr. Cooper Group (COOP), X Financial (XYF), Yirendai (YRD) and Weidai (WEI).
Who are Synchrony Financial's key executives?
Synchrony Financial's management team includes the folowing people:
- Ms. Margaret M. Keane, Pres, CEO & Director (Age 60)
- Mr. Brian D. Doubles, Exec. VP & CFO (Age 43)
- Mr. Jonathan S. Mothner Esq., Exec. VP, Gen. Counsel & Sec. (Age 55)
- Mr. Thomas M. Quindlen, Exec. VP & CEO of Retail Card (Age 56)
- Mr. Kurt R. Grossheim, Exec. VP & COO
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 (0.07%), Denali Advisors LLC (0.03%), Gulf International Bank UK Ltd (0.02%), Sit Investment Associates Inc. (0.02%), State of Alaska Department of Revenue (0.02%) and Moon Capital Management LLC (0.01%). 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 institutional investors are selling Synchrony Financial stock?
SYF stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Gulf International Bank UK Ltd, Norman Fields Gottscho Capital Management LLC, Virtu Financial LLC, Moon Capital Management LLC, National Investment Services Inc. WI, RNC Capital Management LLC and Louisiana State Employees Retirement System. 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 institutional investors are buying Synchrony Financial stock?
SYF stock was acquired by a variety of institutional investors in the last quarter, including Sit Investment Associates Inc., Greylin Investment Mangement Inc., Fox Run Management L.L.C., Denali Advisors LLC, Cerebellum GP LLC, State of Alaska Department of Revenue, Tealwood Asset Management Inc. and Gateway Investment Advisers 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 $26.38.
How big of a company is Synchrony Financial?
Synchrony Financial has a market capitalization of $18.58 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.
