Synchrony Financial (SYF)
Market Cap | 19.29B |
Revenue (ttm) | 8.67B |
Net Income (ttm) | 2.89B |
Shares Out | 401.54M |
EPS (ttm) | 6.99 |
PE Ratio | 6.87 |
Forward PE | 8.74 |
Dividend | $1.00 (2.08%) |
Ex-Dividend Date | May 3, 2024 |
Volume | 3,481,094 |
Open | 48.31 |
Previous Close | 48.11 |
Day's Range | 47.71 - 48.59 |
52-Week Range | 27.30 - 48.59 |
Beta | 1.60 |
Analysts | Buy |
Price Target | 44.84 (-6.64%) |
Earnings Date | Jul 17, 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, SYF'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 20 analysts, the average rating for SYF stock is "Buy." The 12-month stock price forecast is $44.84, which is a decrease of -6.64% from the latest price.
News
Synchrony Stock Is S&P 500's Top Performer. The Case to Buy Now.
Baird analysts initiated coverage of the financial-services company's stock at Outperform with a price target of $56.
Synchrony Selects Atlanticus for Preferred Second Look Financing Program
Enhanced Multi-Year Partnership Aims to Drive Merchants' and Partners' Business Growth with Seamless Customer Experience STAMFORD, Conn. and ATLANTA , June 26, 2024 /PRNewswire/ -- Synchrony (NYSE: SY...
Synchrony to Announce Second Quarter 2024 Financial Results on July 17, 2024
STAMFORD, Conn., June 20, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF) plans to report its second quarter 2024 results on Wednesday, July 17, 2024.
Synchrony Partners with Installation Made Easy to Help Homeowners Finance Home Improvements
Partnership Allows Customers to Pay for Kitchen, Bath and Flooring Installations Over Time DAWSONVILLE, Ga. and STAMFORD, Conn.
Synchrony to Participate in Two Upcoming Investor Conferences
STAMFORD, Conn. , May 29, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF) Chief Financial Officer, Brian J.
Virgin Red Announces New Multi-Year Partnership with Synchrony and Mastercard to Launch U.S. Credit Card Program
First-ever Virgin Red Rewards credit card will offer consumers the opportunity to boost their Virgin Points balance with Virgin companies, among other perks and rewards from across the Virgin Group NE...
Reflecting on a Decade of Impact, Synchrony Celebrates Strength from Diversity
Global Employees Put Purpose to Practice Through Community Engagement CHICAGO , May 16, 2024 /PRNewswire/ -- Marking a decade of championing diversity throughout the company, Synchrony held its 10th a...
New Synchrony Study Reveals Consumers May Not Recognize Hearing Loss Symptoms and Potential for Treatment
Most Consumers Say Their Hearing is a Priority, But Less Than 10% Visited an Audiologist in the Past Year, Citing Cost as One of the Top Barriers STAMFORD, Conn. , May 14, 2024 /PRNewswire/ -- Hearin...
CFPB rule to save Americans $10 billion a year in late fees faces possible last-minute freeze
The credit card regulation is part of President Joe Biden's broader election-year war against what he deems junk fees.
Synchrony Extends Partnership with Affordable Care Offering CareCredit to Patients
Partnership To Offer Special Financing Options and Modern Digital Payment Features and Financial Education Resources STAMFORD, Conn. , May 2, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a consumer fin...
Synchrony and ServiceTitan Join Forces to Streamline Home Improvement Financing
ServiceTitan Will Offer Synchrony Financing Within its Software Platform to Reduce Friction and Aid in Closing Sales for Contractors STAMFORD, Conn. , April 30, 2024 /PRNewswire/ -- Synchrony (NYSE: S...
Synchrony Reports First Quarter 2024 Results; Company also Announces Quarterly Stock Dividends and Approval of an Incremental $1.0 Billion Share Repurchase Program
STAMFORD, Conn. , April 24, 2024 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) today announced its first quarter 2024 results for the period ending March 31, 2024.
Synchrony Expands Dental Payment Offerings with Adit Practice Management Software Partnership
Partnership Extends CareCredit Access to Dental Practices Nationwide and Includes Integration with "Adit Pay" for Patients; Partnership Enables Streamlined Payment Options to Adit Users STAMFORD, Conn...
Synchrony Partners with BRP to Provide Retail Financing Options in the United States
Synchrony to Offer Consumers Flexible Financing on Powersports Products STAMFORD, Conn. , April 8, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, today anno...
SYNCHRONY RECOGNIZED FOR ITS PEOPLE-CENTRIC CULTURE WITH NEW COMPANY RANKING
Work-Life Flexibility Propels Synchrony to be Named Top 5 Best Company to Work For in the U.S. 94% of U.S. Employees Say Synchrony is a Great Place to Work STAMFORD, Conn. , April 4, 2024 /PRNewswire/...
Biden's late-fee crackdown is a blow to department stores. Shoppers should beware of what comes next.
Some of the biggest clothing and department-store chains rely on their own private-label credit cards to cushion their bottom lines. Those cards, often laden with incentives, keep shoppers coming back...
Synchrony to Announce First Quarter 2024 Financial Results on April 24, 2024
STAMFORD, Conn., March 26, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF) plans to report its first quarter 2024 results on Wednesday, April 24, 2024.
Skipify and Synchrony Enter into Strategic Partnership to Simplify and Enhance Online Checkout
Synchrony links Synchrony Mastercard to Skipify's Connected Wallet to provide friction-free shopping experience for cardholders, wherever they shop. SAN FRANCISCO , March 13, 2024 /PRNewswire/ -- Skip...
IPH ENTERS STRATEGIC PARTNERSHIP WITH SYNCHRONY AND COMPLETES ACQUISITION OF PETS BEST
Synchrony Expands Leadership in the Pet Industry Through Ownership Stake in IPH; Two Synchrony Executives to Join IPH Board of Directors PHOENIX and STAMFORD, Conn. , March 6, 2024 /PRNewswire/ -- Ind...
Synchrony Completes Acquisition of Ally Lending
Strengthens Relationships in Home Improvement and Health and Wellness Financing STAMFORD, Conn. , March 4, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF) today announced it completed its acquisition of A...
Synchrony Dives for a Good Cause
STAMFORD, Conn. , Feb. 29, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, jumped into 2024 with its ninth annual "Doubles Dive" today.
Synchrony to Participate in the UBS Financial Services Conference
STAMFORD, Conn. , Feb. 20, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF) Chief Financial Officer, Brian J.
PatientNow and Synchrony Enhance Partnership to Transform Payments and Digital Account Management Solutions For The Cosmetic Industry
Synchrony's CareCredit Now Available to Aesthetic and Cosmetic Businesses Through PatientNow Cloud-Based Practice Management Solution STAMFORD, Conn. and GREENWOOD VILLAGE, Colo.
Synchrony Announces Quarterly Common Stock Dividend of $0.25 Per Share
Company also declares preferred stock dividend STAMFORD, Conn. , Jan. 24, 2024 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) announced today that its Board of Directors declared a quarterly cash div...