Synchrony Financial (SYF)
Market Cap | 27.05B |
Revenue (ttm) | 9.01B |
Net Income (ttm) | 3.10B |
Shares Out | 389.34M |
EPS (ttm) | 7.67 |
PE Ratio | 9.06 |
Forward PE | 9.59 |
Dividend | $1.00 (1.44%) |
Ex-Dividend Date | Nov 4, 2024 |
Volume | 1,980,565 |
Open | 69.28 |
Previous Close | 68.75 |
Day's Range | 68.93 - 69.89 |
52-Week Range | 36.85 - 69.89 |
Beta | 1.64 |
Analysts | Buy |
Price Target | 61.55 (-11.4%) |
Earnings Date | Jan 28, 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]
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 24 analysts, the average rating for SYF stock is "Buy." The 12-month stock price forecast is $61.55, which is a decrease of -11.40% from the latest price.
News
Synchrony Announces Quarterly Common Stock Dividend of $0.25 Per Share
Company also declares preferred stock dividends STAMFORD, Conn. , Jan. 21, 2025 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) announced today that its Board of Directors declared a quarterly cash di...
Eligible Synchrony Mastercard Customers Now Have Access to the Pay Later Feature of Apple Pay
STAMFORD, Conn. , Jan. 16, 2025 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, is enhancing the way consumers securely shop online and in-app when checking out w...
Exclusive: Apple in talks with Barclays, Synchrony to replace Goldman in credit card deal, sources say
Apple is in talks with Barclays to replace Goldman Sachs as the tech giant's credit card partner, said two sources familiar with the matter, as the Wall Street giant steps back from its consumer finan...
Paradise for Pets, Peace of Mind for Pet Parents: Synchrony's CareCredit Expands to Pet Paradise Resorts Nationwide
CareCredit can be used to pay for services from dog training to vet care at Pet Paradise resorts. STAMFORD, Conn.
Synchrony to Announce Fourth Quarter 2024 Financial Results on January 28, 2025
STAMFORD, Conn., Jan. 7, 2025 /PRNewswire/ -- Synchrony (NYSE: SYF) plans to report its fourth quarter 2024 results on Tuesday, January 28, 2025.
Synchrony Financial: An Attractive Play On Positive Catalysts
Synchrony Financial, with a market cap of $25.94 billion, has shown mixed financial performance but is poised for growth, warranting a 'buy' rating. The firm offers diverse financial services, primari...
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.
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...
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.
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...
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...
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 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.