Synchrony Financial (NYSE:SYF) Cut to Hold at Evercore

Evercore cut shares of Synchrony Financial (NYSE:SYF) from an outperform rating to a hold rating in a report issued on Wednesday, Marketbeat.com reports. Evercore currently has $78.00 price target on the financial services provider’s stock.

Several other brokerages have also commented on SYF. Royal Bank Of Canada reissued a “sector perform” rating on shares of Synchrony Financial in a research note on Tuesday. TD Cowen lowered their price target on Synchrony Financial from $90.00 to $86.00 and set a “buy” rating on the stock in a report on Tuesday, October 6th. JPMorgan Chase & Co. dropped their price objective on Synchrony Financial from $78.00 to $74.00 and set a “neutral” rating for the company in a research note on Monday, October 12th. Robert W. Baird lifted their price objective on Synchrony Financial from $86.00 to $90.00 and gave the stock an “outperform” rating in a report on Wednesday, July 22nd. Finally, UBS Group reduced their price objective on Synchrony Financial from $87.00 to $81.00 and set a “neutral” rating for the company in a report on Monday, October 5th. Ten research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $87.83.

Synchrony Financial Trading Down 1.9%

Shares of Synchrony Financial stock opened at $73.66 on Wednesday. Synchrony Financial has a 1 year low of $63.08 and a 1 year high of $88.77. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.22 and a current ratio of 1.23. The company has a market capitalization of $23.97 billion, a P/E ratio of 7.69, a PEG ratio of 0.85 and a beta of 1.35. The company’s fifty day moving average is $75.43 and its two-hundred day moving average is $74.71.

Synchrony Financial (NYSE:SYF) last posted its quarterly earnings results on Tuesday, October 20th. The financial services provider reported $2.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.42 by $0.26. Synchrony Financial had a net margin of 14.59% and a return on equity of 22.26%. The firm had revenue of $3.82 billion during the quarter, compared to analysts’ expectations of $3.81 billion. During the same period in the prior year, the company posted $2.86 earnings per share. Analysts forecast that Synchrony Financial will post 9.62 earnings per share for the current year.

Synchrony Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Thursday, November 5th will be paid a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Thursday, November 5th. Synchrony Financial’s dividend payout ratio (DPR) is 14.20%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Pension & Wealth Management Advisors Inc. acquired a new stake in Synchrony Financial during the 3rd quarter valued at $26,000. Compass Financial Management LLC purchased a new position in Synchrony Financial during the second quarter worth $29,000. Fiduciary Financial Advisors purchased a new position in Synchrony Financial during the second quarter worth $33,000. GK Wealth Management LLC purchased a new position in Synchrony Financial during the third quarter worth $31,000. Finally, Center for Financial Planning Inc. raised its holdings in shares of Synchrony Financial by 242.9% in the first quarter. Center for Financial Planning Inc. now owns 480 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 340 shares during the last quarter. 96.48% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Synchrony Financial

Here are the key news stories impacting Synchrony Financial this week:

• Positive Sentiment: Synchrony raised or reaffirmed FY 2026 EPS guidance at $9.50, slightly above the $9.44 consensus estimate. The guidance suggests earnings are holding up better than expected. Synchrony Financial earnings guidance
• Positive Sentiment: Zacks upgraded SYF to Rank #2, or “Buy,” citing improving earnings prospects. Zacks also highlighted Synchrony as a potential long-term value stock, which could attract investors given its low valuation and strong profitability. Zacks upgrades Synchrony to Buy Synchrony long-term value analysis
• Positive Sentiment: Barclays reportedly maintained a constructive view and expects additional upside for the stock, providing a counterpoint to the more cautious analyst calls. Barclays view on Synchrony
• Neutral Sentiment: Analyst opinion remains divided: BMO maintained a Hold rating, while other coverage cited mixed views across financial companies. This lack of consensus may limit near-term buying interest. BMO maintains Hold rating
• Neutral Sentiment: Synchrony reported 311.4 million shares outstanding in its third-quarter 2026 filing. The disclosure is routine and does not signal a major change in capital allocation. Synchrony shares outstanding filing
• Negative Sentiment: Evercore downgraded Synchrony to “In Line,” citing higher rates and macroeconomic volatility. Those factors could pressure borrowing costs, consumer credit quality and loan demand. Evercore downgrades Synchrony
• Negative Sentiment: Evercore’s rating reduction adds near-term selling pressure despite Synchrony’s recent earnings outperformance and attractive valuation. Evercore rating reduction

About Synchrony Financial

Synchrony Financial (NYSE: SYF) is a consumer financial services company that provides private-label credit cards, co-branded credit cards and promotional financing programs. Its financing products are offered through retailers, manufacturers, healthcare providers and other businesses, helping consumers pay for purchases over time.

The company serves a range of industries, including digital commerce, home improvement, furniture, automotive, healthcare, jewelry, apparel, electronics and specialty retail.