Synchrony Financial (NYSE:SYF - Free Report) - Stock analysts at Seaport Res Ptn upped their FY2025 earnings estimates for Synchrony Financial in a research note issued on Wednesday, January 29th. Seaport Res Ptn analyst W. Ryan now expects that the financial services provider will post earnings per share of $7.00 for the year, up from their prior forecast of $6.50. The consensus estimate for Synchrony Financial's current full-year earnings is $7.08 per share. Seaport Res Ptn also issued estimates for Synchrony Financial's FY2026 earnings at $8.00 EPS.
Synchrony Financial (NYSE:SYF - Get Free Report) last announced its quarterly earnings results on Tuesday, January 28th. The financial services provider reported $1.91 earnings per share for the quarter, topping analysts' consensus estimates of $1.89 by $0.02. Synchrony Financial had a net margin of 15.36% and a return on equity of 18.30%.
Other equities research analysts have also recently issued reports about the stock. Truist Financial boosted their price objective on shares of Synchrony Financial from $72.00 to $77.00 and gave the company a "hold" rating in a research report on Thursday. TD Cowen boosted their price objective on shares of Synchrony Financial from $60.00 to $62.00 and gave the company a "buy" rating in a research report on Thursday, October 17th. The Goldman Sachs Group boosted their price objective on shares of Synchrony Financial from $72.50 to $82.00 and gave the company a "buy" rating in a research report on Wednesday, January 8th. JMP Securities reaffirmed a "market outperform" rating and issued a $60.00 price objective on shares of Synchrony Financial in a research report on Monday, October 14th. Finally, Keefe, Bruyette & Woods boosted their price objective on shares of Synchrony Financial from $62.00 to $82.00 and gave the company an "outperform" rating in a research report on Monday, December 9th. Seven investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $69.30.
Get Our Latest Report on Synchrony Financial
Synchrony Financial Trading Down 1.8 %
Shares of NYSE SYF traded down $1.21 during midday trading on Thursday, reaching $67.52. 4,238,752 shares of the stock were exchanged, compared to its average volume of 3,422,516. The business has a 50-day simple moving average of $67.16 and a two-hundred day simple moving average of $57.51. The company has a market capitalization of $26.29 billion, a price-to-earnings ratio of 7.91, a P/E/G ratio of 0.76 and a beta of 1.63. Synchrony Financial has a 12 month low of $38.03 and a 12 month high of $70.93. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.24 and a quick ratio of 1.25.
Synchrony Financial Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Monday, February 3rd will be paid a $0.25 dividend. The ex-dividend date is Monday, February 3rd. This represents a $1.00 dividend on an annualized basis and a yield of 1.48%. Synchrony Financial's dividend payout ratio (DPR) is currently 11.71%.
Insider Activity at Synchrony Financial
In related news, insider Jonathan S. Mothner sold 34,163 shares of the company's stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $64.99, for a total value of $2,220,253.37. Following the transaction, the insider now owns 127,587 shares in the company, valued at approximately $8,291,879.13. This represents a 21.12 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.33% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the business. National Pension Service grew its position in shares of Synchrony Financial by 22.7% during the 3rd quarter. National Pension Service now owns 957,758 shares of the financial services provider's stock worth $47,773,000 after purchasing an additional 177,051 shares in the last quarter. National Bank of Canada FI grew its position in shares of Synchrony Financial by 119.0% during the 3rd quarter. National Bank of Canada FI now owns 243,040 shares of the financial services provider's stock worth $12,123,000 after purchasing an additional 132,047 shares in the last quarter. Brophy Wealth Management LLC acquired a new position in shares of Synchrony Financial during the 3rd quarter worth approximately $544,000. Principal Financial Group Inc. grew its position in shares of Synchrony Financial by 2.2% during the 3rd quarter. Principal Financial Group Inc. now owns 487,720 shares of the financial services provider's stock worth $24,327,000 after purchasing an additional 10,294 shares in the last quarter. Finally, Unigestion Holding SA acquired a new position in shares of Synchrony Financial during the 3rd quarter worth approximately $985,000. Institutional investors and hedge funds own 96.48% of the company's stock.
Synchrony Financial Company Profile
(
Get Free Report)
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 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, and sweep and affinity deposits, as well as accepts deposits through third-party securities brokerage firms.
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