Synchrony Financial (NYSE:SYF – Free Report) – Equities researchers at Seaport Res Ptn issued their FY2026 earnings per share estimates for shares of Synchrony Financial in a research note issued to investors on Monday, November 18th. Seaport Res Ptn analyst W. Ryan expects that the financial services provider will post earnings of $7.60 per share for the year. The consensus estimate for Synchrony Financial’s current full-year earnings is $6.52 per share.
A number of other analysts have also recently commented on the company. Deutsche Bank Aktiengesellschaft boosted their price target on Synchrony Financial from $58.00 to $68.00 and gave the stock a “buy” rating in a research report on Thursday, October 17th. Morgan Stanley boosted their price target on Synchrony Financial from $37.00 to $40.00 and gave the stock an “underweight” rating in a research report on Thursday, October 17th. StockNews.com upgraded shares of Synchrony Financial from a “hold” rating to a “buy” rating in a report on Wednesday, October 9th. BTIG Research lowered shares of Synchrony Financial from a “buy” rating to a “neutral” rating in a report on Monday, September 16th. Finally, Robert W. Baird set a $62.00 price objective on shares of Synchrony Financial in a report on Thursday, October 17th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $57.43.
Synchrony Financial Stock Performance
Shares of SYF opened at $63.65 on Tuesday. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 1.06. The business’s 50 day moving average price is $54.69 and its 200-day moving average price is $49.36. Synchrony Financial has a 52 week low of $29.15 and a 52 week high of $67.76. The stock has a market cap 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 (NYSE:SYF – Get Free Report) last issued its quarterly earnings results on Wednesday, October 16th. The financial services provider reported $1.94 EPS for the quarter, topping analysts’ consensus estimates of $1.77 by $0.17. Synchrony Financial had a return on equity of 16.64% and a net margin of 13.98%. The firm had revenue of $3.81 billion for the quarter, compared to analysts’ expectations of $3.76 billion. During the same period in the previous year, the firm posted $1.48 EPS. The business’s revenue for the quarter was up 9.8% compared to the same quarter last year.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. Swedbank AB boosted its holdings in Synchrony Financial by 23.8% in the 2nd quarter. Swedbank AB now owns 99,461 shares of the financial services provider’s stock worth $4,694,000 after buying an additional 19,098 shares during the period. Cetera Investment Advisers bought a new position in Synchrony Financial in the 1st quarter worth $2,192,000. National Pension Service boosted its holdings in Synchrony Financial by 22.7% in the 3rd quarter. National Pension Service now owns 957,758 shares of the financial services provider’s stock worth $47,773,000 after buying an additional 177,051 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in Synchrony Financial by 35.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,300,576 shares of the financial services provider’s stock worth $56,082,000 after buying an additional 342,979 shares during the period. Finally, QRG Capital Management Inc. boosted its holdings in Synchrony Financial by 17.2% in the 2nd quarter. QRG Capital Management Inc. now owns 287,547 shares of the financial services provider’s stock worth $13,569,000 after buying an additional 42,293 shares during the period. Institutional investors own 96.48% of the company’s stock.
Insider Activity
In other news, insider Curtis Howse sold 21,934 shares of the business’s stock in a transaction on 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 sale, the insider now owns 99,743 shares of the company’s stock, valued at $5,498,831.59. The trade was a 18.03 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Jonathan S. Mothner sold 34,163 shares of the business’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $64.99, for a total transaction of $2,220,253.37. Following the sale, the insider now directly owns 127,587 shares of the company’s stock, valued at approximately $8,291,879.13. The trade was a 21.12 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.33% of the company’s stock.
Synchrony Financial Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Monday, November 4th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date of this dividend was Monday, November 4th. Synchrony Financial’s payout ratio is 13.05%.
About Synchrony Financial
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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