Synchrony Financial (NYSE:SYF - Free Report) - Seaport Res Ptn issued their FY2026 EPS estimates for shares of Synchrony Financial in a report issued on Monday, November 18th. Seaport Res Ptn analyst W. Ryan anticipates that the financial services provider will earn $7.60 per share for the year. The consensus estimate for Synchrony Financial's current full-year earnings is $6.52 per share.
Other equities analysts also recently issued reports about the stock. Compass Point increased their price objective on shares of Synchrony Financial from $56.00 to $60.00 and gave the company a "buy" rating in a report on Wednesday, October 16th. JMP Securities reaffirmed a "market outperform" rating and set a $60.00 price objective on shares of Synchrony Financial in a report on Monday, October 14th. Barclays increased their price objective on shares of Synchrony Financial from $49.00 to $59.00 and gave the company an "equal weight" rating in a report on Thursday, October 17th. The Goldman Sachs Group increased their price objective on shares of Synchrony Financial from $64.00 to $72.50 and gave the company a "buy" rating in a report on Tuesday. Finally, Bank of America raised shares of Synchrony Financial from a "neutral" rating to a "buy" rating and set a $54.00 price objective on the stock in a report on Friday, August 9th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Synchrony Financial has a consensus rating of "Moderate Buy" and an average target price of $57.43.
Get Our Latest Stock Analysis on Synchrony Financial
Synchrony Financial Stock Performance
NYSE SYF traded down $0.40 during mid-day trading on Tuesday, reaching $63.65. 4,105,814 shares of the stock were exchanged, compared to its average volume of 3,981,904. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.25 and a current ratio of 1.25. The company has a market capitalization of $24.78 billion, a P/E ratio of 8.31, a P/E/G ratio of 0.90 and a beta of 1.59. Synchrony Financial has a 1 year low of $29.15 and a 1 year high of $67.76. The business's 50 day moving average is $54.69 and its 200-day moving average is $49.36.
Synchrony Financial (NYSE:SYF - Get Free Report) last announced its quarterly earnings results on Wednesday, October 16th. The financial services provider reported $1.94 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.77 by $0.17. Synchrony Financial had a net margin of 13.98% and a return on equity of 16.64%. The firm had revenue of $3.81 billion for the quarter, compared to the consensus estimate of $3.76 billion. During the same period in the prior year, the firm posted $1.48 earnings per share. The firm's quarterly revenue was up 9.8% compared to the same quarter last year.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in SYF. Boston Partners boosted its stake in shares of Synchrony Financial by 66.6% in the first quarter. Boston Partners now owns 6,374,260 shares of the financial services provider's stock valued at $274,892,000 after purchasing an additional 2,548,180 shares during the period. Southpoint Capital Advisors LP boosted its stake in shares of Synchrony Financial by 37.9% in the third quarter. Southpoint Capital Advisors LP now owns 4,600,000 shares of the financial services provider's stock valued at $229,448,000 after purchasing an additional 1,265,000 shares during the period. Los Angeles Capital Management LLC lifted its stake in Synchrony Financial by 402.8% in the second quarter. Los Angeles Capital Management LLC now owns 1,520,209 shares of the financial services provider's stock worth $71,739,000 after acquiring an additional 1,217,872 shares during the last quarter. Zurich Insurance Group Ltd FI lifted its stake in Synchrony Financial by 389.8% in the third quarter. Zurich Insurance Group Ltd FI now owns 1,138,672 shares of the financial services provider's stock worth $56,797,000 after acquiring an additional 906,172 shares during the last quarter. Finally, Soros Fund Management LLC purchased a new position in Synchrony Financial in the third quarter worth approximately $41,088,000. Hedge funds and other institutional investors own 96.48% of the company's stock.
Insiders Place Their Bets
In other Synchrony Financial news, insider Curtis Howse sold 21,934 shares of the stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $55.13, for a total transaction of $1,209,221.42. Following the completion of the transaction, the insider now owns 99,743 shares of the company's stock, valued at $5,498,831.59. This trade represents a 18.03 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Jonathan S. Mothner sold 34,163 shares of the stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $64.99, for a total transaction of $2,220,253.37. Following the transaction, the insider now directly owns 127,587 shares of the company's stock, valued at approximately $8,291,879.13. This trade represents a 21.12 % decrease in their position. The disclosure for this sale can be found here. 0.33% of the stock is currently owned by insiders.
Synchrony Financial Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 4th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.57%. The ex-dividend date of this dividend was Monday, November 4th. Synchrony Financial's dividend payout ratio (DPR) is presently 13.05%.
About Synchrony Financial
(
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.
Further Reading
Before you consider Synchrony Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Synchrony Financial wasn't on the list.
While Synchrony Financial currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report