Synchrony Financial (SYF)

NYSE: SYF · Real-Time Price · USD
65.45
+1.18 (1.84%)
Dec 20, 2024, 4:00 PM EST - Market closed
1.84%
Market Cap 25.48B
Revenue (ttm) 9.01B
Net Income (ttm) 3.10B
Shares Out 389.34M
EPS (ttm) 7.67
PE Ratio 8.54
Forward PE 9.15
Dividend $1.00 (1.53%)
Ex-Dividend Date Nov 4, 2024
Volume 9,998,319
Open 64.00
Previous Close 64.27
Day's Range 63.80 - 66.10
52-Week Range 35.29 - 69.39
Beta 1.64
Analysts Buy
Price Target 59.33 (-9.35%)
Earnings Date Jan 21, 2025

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
Founded 1932
Employees 20,000
Stock Exchange NYSE
Ticker Symbol SYF
Full Company Profile

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 Statements

Analyst Forecast

According to 22 analysts, the average rating for SYF stock is "Buy." The 12-month stock price forecast is $59.33, which is a decrease of -9.35% from the latest price.

Price Target
$59.33
(-9.35% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Synchrony Employees Spread Seasonal Cheer through "Season of Caring" to Support Stamford Community

STAMFORD, Conn. , Dec. 6, 2024 /PRNewswire/ -- As the winter chill sets in, Synchrony (NYSE: SYF) wrapped Stamford in a warm embrace with its "Season of Caring" celebration.

16 days ago - PRNewsWire

Synchrony's CareCredit and Daybreak Partner to Provide Better Sleep for Americans

CareCredit health and wellness credit card now accepted as a payment option for Daybreak's sleep testing-kits and sleep apnea device STAMFORD, Conn. , Dec. 3, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF...

19 days ago - PRNewsWire

Synchrony to Participate in the 2024 Goldman Sachs Financial Services Conference

STAMFORD, Conn. , Dec. 3, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF) President and Chief Executive Officer, Brian D.

19 days ago - PRNewsWire

Banks hit credit card users with higher rates in response to regulation that may never arrive

Banks that issue credit cards used by millions of consumers raised interest rates and introduced new fees in response to an impending regulation that most experts believe will never take effect. Synch...

Other symbols: BFHCCOFJPM
19 days ago - CNBC

Synchrony Financial: Undervalued Gem In Fintech

Synchrony Financial is a "Strong Buy" due to solid fundamentals, strong financial health, and a 128% stock price surge in the past 12 months. Impressive Q3 results with $1.94 diluted EPS, 70.4 million...

22 days ago - Seeking Alpha

Big Banks, Credit Card Shares Jump After Trump Win

Financial stocks rose Wednesday after former President Donald Trump won the 2024 U.S. presidential race over Vice President Kamala Harris.

Other symbols: BACCCOFDFSGSJPMMS
6 weeks ago - Investopedia

Bank stocks soar as Trump victory expected to lead to looser regulatory backdrop

Banks have been pushing all year to loosen capital requirements and are also expected to benefit from potential tax cuts.

Other symbols: BACCCFGCOFDFSGSIAT
6 weeks ago - Market Watch

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...

7 weeks ago - PRNewsWire

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 /...

7 weeks ago - PRNewsWire

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...

Other symbols: LAND
7 weeks ago - Seeking Alpha

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - Seeking Alpha

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...

Other symbols: CTASGEV
2 months ago - Schwab Network

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.

2 months ago - Benzinga

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...

2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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.

Other symbols: CSCOJBHT
2 months ago - Schwab Network

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.

2 months ago - PRNewsWire

The Best Financial Stocks to Buy

Financial stocks play a critical role in the economy and are a key component of any well-rounded portfolio.

Other symbols: ALLBXFITBHASIHIGMETTHG
2 months ago - Kiplinger

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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.

Other symbols: DKS
3 months ago - PRNewsWire

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.

3 months ago - PRNewsWire

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.

3 months ago - PRNewsWire