Synchrony Financial (SYF) to Release Quarterly Earnings on Tuesday

Synchrony Financial (NYSE:SYF) is expected to be announcing its earnings results before the market opens on Tuesday, January 28th. Analysts expect the company to announce earnings of $1.89 per share and revenue of $3,831,432.10 billion for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Synchrony Financial Price Performance

Shares of SYF stock opened at $70.52 on Monday. The company has a market capitalization of $27.46 billion, a P/E ratio of 9.21, a P/E/G ratio of 0.83 and a beta of 1.64. The company’s 50-day simple moving average is $66.75 and its two-hundred day simple moving average is $56.81. Synchrony Financial has a one year low of $37.74 and a one year high of $70.93. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.25 and a quick ratio of 1.25.

Synchrony Financial Announces Dividend

The company also recently disclosed 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 of this dividend is Monday, February 3rd. This represents a $1.00 annualized dividend and a yield of 1.42%. Synchrony Financial’s dividend payout ratio (DPR) is currently 13.05%.

Analyst Upgrades and Downgrades

SYF has been the topic of a number of recent research reports. Compass Point increased their price target on Synchrony Financial from $60.00 to $77.00 and gave the stock a “buy” rating in a research report on Tuesday, December 10th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Synchrony Financial from $58.00 to $68.00 and gave the company a “buy” rating in a research report on Thursday, October 17th. StockNews.com raised shares of Synchrony Financial from a “hold” rating to a “buy” rating in a research report on Wednesday, October 9th. JPMorgan Chase & Co. raised shares of Synchrony Financial from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $59.00 to $72.00 in a research note on Monday, December 9th. Finally, UBS Group increased their target price on Synchrony Financial from $58.00 to $66.00 and gave the company a “neutral” rating in a research report on Monday, January 13th. Six analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Synchrony Financial presently has a consensus rating of “Moderate Buy” and a consensus target price of $67.30.

Insider Activity

In other Synchrony Financial news, insider Jonathan S. Mothner sold 34,163 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $64.99, for a total value of $2,220,253.37. Following the completion of the transaction, 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Curtis Howse sold 21,934 shares of the firm’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $55.13, for a total transaction of $1,209,221.42. Following the sale, the insider now directly owns 99,743 shares in the company, valued at $5,498,831.59. The trade was a 18.03 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.33% of the company’s stock.

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.