Synchrony Financial (SYF) Projected to Post Quarterly Earnings on Tuesday

Synchrony Financial (NYSE:SYF - Get Free Report) is anticipated to announce its earnings results before the market opens on Tuesday, April 22nd. Analysts expect the company to announce earnings of $1.66 per share and revenue of $3.80 billion for the quarter. Synchrony Financial has set its FY 2025 guidance at EPS.Persons interested in participating in the company's earnings conference call can do so using this link.

Synchrony Financial (NYSE:SYF - Get Free Report) last posted its quarterly earnings results on Tuesday, January 28th. The financial services provider reported $1.91 EPS for the quarter, topping analysts' consensus estimates of $1.89 by $0.02. Synchrony Financial had a return on equity of 18.30% and a net margin of 15.36%. On average, analysts expect Synchrony Financial to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Synchrony Financial Price Performance

Synchrony Financial stock traded up $1.10 during midday trading on Friday, reaching $47.86. The company's stock had a trading volume of 3,507,333 shares, compared to its average volume of 3,961,007. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.01. The stock has a market cap of $18.61 billion, a PE ratio of 5.60, a price-to-earnings-growth ratio of 0.71 and a beta of 1.45. Synchrony Financial has a 52 week low of $39.85 and a 52 week high of $70.93. The business has a 50-day moving average price of $54.60 and a 200-day moving average price of $60.27.

Synchrony Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 3rd were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.09%. The ex-dividend date was Monday, February 3rd. Synchrony Financial's dividend payout ratio (DPR) is presently 11.71%.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. StockNews.com lowered shares of Synchrony Financial from a "buy" rating to a "hold" rating in a research report on Monday, March 24th. UBS Group raised their price objective on Synchrony Financial from $58.00 to $66.00 and gave the company a "neutral" rating in a report on Monday, January 13th. Compass Point cut Synchrony Financial from a "buy" rating to a "neutral" rating and set a $70.00 target price for the company. in a report on Tuesday, January 28th. Royal Bank of Canada lifted their price target on Synchrony Financial from $70.00 to $73.00 and gave the company a "sector perform" rating in a research note on Wednesday, January 29th. Finally, Wells Fargo & Company lowered their price objective on Synchrony Financial from $85.00 to $70.00 and set an "overweight" rating for the company in a research note on Thursday, April 3rd. Eight equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $65.11.

Synchrony Financial Company Profile

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.