Synchrony Financial (SYF)
| Market Cap | 25.07B |
| Revenue (ttm) | 9.01B |
| Net Income (ttm) | 3.10B |
| Shares Out | 389.34M |
| EPS (ttm) | 7.67 |
| PE Ratio | 8.40 |
| Forward PE | 9.45 |
| Dividend | $1.00 (1.55%) |
| Ex-Dividend Date | Nov 4, 2024 |
| Volume | 2,323,692 |
| Open | 63.80 |
| Previous Close | 63.65 |
| Day's Range | 63.80 - 64.99 |
| 52-Week Range | 29.15 - 67.76 |
| Beta | 1.59 |
| Analysts | Buy |
| Price Target | 55.23 (-14.24%) |
| Earnings Date | Oct 16, 2024 |
About SYF
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... [Read more]
Financial Performance
In 2023, Synchrony Financial's revenue was $7.66 billion, a decrease of -7.68% compared to the previous year's $8.30 billion. Earnings were $2.20 billion, a decrease of -26.16%.
Financial StatementsAnalyst Forecast
According to 22 analysts, the average rating for SYF stock is "Buy." The 12-month stock price forecast is $55.23, which is a decrease of -14.24% from the latest price.
News
JCPenney and Synchrony Extend Long-Term Financing Partnership with Multi-Year Contract Renewal
Expanded Partnership Adds Buy Now, Pay Later Installment Loans to JCPenney Financing Options STAMFORD, Conn. , Oct. 30, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF) today announced a long-term extensio...
New Synchrony Research Finds Pet Parents Are Equally as Concerned About the Cost of Specialty Veterinary Care as their Pet's Potential Outcome
Veterinary Specialty Care: A Synchrony Lifetime of Care Study Reveals 80% of Pet Parents Are Worried About Potential Costs for Specialty and Emergency Veterinary Care STAMFORD, Conn. , Oct. 29, 2024 /...
2 Preferred Stocks At Bargain Prices, +7% Yield
A balanced mix of high yield, growth potential, and strong defense is achievable with the right approach. There are preferred securities from quality businesses, trading at substantial discounts and o...
Synchrony Announces Quarterly Common Stock Dividend of $0.25 Per Share
Company also declares preferred stock dividends STAMFORD, Conn. , Oct. 24, 2024 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) announced today that its Board of Directors declared a quarterly cash di...
Synchrony Foundation Reinforces Commitment to Elevate Women in Trades
$100,000 Donation to Women in HVACR to Support Scholarships as Part of Synchrony's Education as an Equalizer Initiative STAMFORD, Conn. , Oct. 23, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier...
Synchrony Financial: Why I Prefer The Lower Yielding Series A Preferred Shares
Synchrony Financial's net interest income surged to a five-year high in Q3, driven by strong interest income growth outpacing interest expenses. Despite risks of rising loan delinquencies due to labor...
The Big 3: CTAS, SYF, GEV
Industrials and financials take the focus in today's Big 3 as both industries release a slew of earnings reports. Dan Deming joins Rick Ducat and Nicole Petallides to break down the technical trends i...
Synchrony Financial Analysts Boost Their Forecasts Following Upbeat Q3 Earnings
Synchrony Financial SYF reported better-than-expected third-quarter financial results and raised its FY24 EPS guidance above estimates on Wednesday.
Synchrony Financial: Still Not Too Expensive At All Time Highs
Synchrony Financial shares hit new highs, surpassing $55, driven by improved market sentiment about consumer health and strong quarterly results. The company beat expectations on net interest margin a...
Synchrony Financial (SYF) Q3 2024 Earnings Call Transcript
Synchrony Financial (NYSE:SYF) Q3 2024 Earnings Conference Call October 16, 2024 8:00 AM ET Company Participants Kathryn Miller - SVP of IR Brian Doubles - President and CEO Brian Wenzel - EVP and CF...
CSCO Upgrade, JBHT Earnings Beat, SYF Ups Guidance
It's a positive morning for several stocks. Citi issued a bullish note for Cisco (CSCO) on expectations for Ethernet A.I.
Synchrony Reports Third Quarter 2024 Results
STAMFORD, Conn. , Oct. 16, 2024 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) today announced its third quarter 2024 results for the period ending September 30, 2024.
Synchrony Introduces First-of-its-Kind Technology Connecting Pet Insurance and CareCredit, Simplifying Pet Care Payment Process
Industry innovation means CareCredit and Pets Best Pet Insurance work seamlessly together to provide pet parents with easy and flexible financial solution New reimbursement process to scale to additio...
Synchrony Continues Commitment to Supporting Independent Veterinary Practices Through Partnership with PSIvet
CareCredit Named Preferred Financing Solution for PSIvet Members, Extending Access to Convenient Financing Options STAMFORD, Conn. , Oct. 1, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier c...
Synchrony and DICK'S Sporting Goods Extend Partnership
With This Multi-Year Deal Extension, The Companies Will Continue To Provide Innovative Financial Solutions for Athletes STAMFORD, Conn. and PITTSBURGH , Sept.
Synchrony to Announce Third Quarter 2024 Financial Results on October 16, 2024
STAMFORD, Conn., Sept. 25, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF) plans to report its third quarter 2024 results on Wednesday, October 16, 2024.
Synchrony's CareCredit Network Expands to First-Ever Major Grocery Store Chain Collaboration With Albertsons Companies
CareCredit health and wellness credit card to be accepted at Albertsons Cos. stores for health and wellness products STAMFORD, Conn.
Synchrony Names Dan Colao to Board of Directors
Seasoned executive deepens financial, risk and strategic expertise STAMFORD, Conn. , Sept. 17, 2024 /PRNewswire/ -- Synchrony Financial (NYSE: SYF), a premier consumer financial services company, toda...
Synchrony Financial Still Looks Like A Solid Value Play
Synchrony Financial has doubled in value since 2016, benefiting from a favorable consumer lending environment and initiating dividends, making it a strong value investment. The company maintains a sol...
Fall Into Profits: Top 10 Stocks For A September Dip
September is a historically challenging month for equity markets. Upcoming events on the economic calendar, inflation hysteria, and the November election could amplify the seasonal volatility in marke...
Synchrony to Participate in the Barclays Global Financial Services Conference
STAMFORD, Conn. , Sept. 3, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF) Chief Financial Officer, Brian J.
Top 3 Dividend Stocks Primed For A Fed Rate Cut
In recent weeks, investors have grappled with mixed economic signals and uncertainty around potential rate cuts that have impacted markets. A cycle of monetary easing could benefit dividend-paying sto...