Synchrony Financial (SYF)

NYSE: SYF · IEX Real-Time Price · USD
48.03
-0.08 (-0.17%)
Jul 2, 2024, 4:00 PM EDT - Market closed
-0.17%
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]

Industry Credit Services
Sector Financials
CEO Brian D. Doubles
Employees 20,000
Stock Exchange NYSE
Ticker Symbol SYF
Full Company Profile

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 Statements

Analyst 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.

Price Target
$44.84
(-6.64% downside)
Analyst Consensus: Buy
Stock Forecasts

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.

4 days ago - Barrons

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...

Other symbols: ATLC
6 days ago - PRNewsWire

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.

12 days ago - PRNewsWire

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.

4 weeks ago - PRNewsWire

Synchrony to Participate in Two Upcoming Investor Conferences

STAMFORD, Conn. , May 29, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF) Chief Financial Officer, Brian J.

4 weeks ago - PRNewsWire

7 Stock Picks for A Boring Market

The stock market has risen without much volatility. Quiet days favor stocks such as Citigroup, Comerica, Carnival, ABM, Synchrony, Cleveland Cliffs, and Goodyear, says 22V Research.

Other symbols: ABMCCCLCLFCMAGT
5 weeks ago - Barrons

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...

5 weeks ago - PRNewsWire

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...

6 weeks ago - PRNewsWire

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...

7 weeks ago - PRNewsWire

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.

Other symbols: COF
7 weeks ago - CNBC

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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.

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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/...

3 months ago - 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...

Other symbols: GPSJWNKSSLOWMROSTTJX
3 months ago - Market Watch

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.

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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.

4 months ago - PRNewsWire

Synchrony to Participate in the UBS Financial Services Conference

STAMFORD, Conn. , Feb. 20, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF) Chief Financial Officer, Brian J.

4 months ago - PRNewsWire

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.

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire