Synchrony Financial (SYF)

NYSE: SYF · IEX Real-Time Price · USD
+0.39 (1.12%)
Dec 8, 2023, 4:00 PM EST - Market closed
Market Cap 14.60B
Revenue (ttm) 7.70B
Net Income (ttm) 2.33B
Shares Out 413.80M
EPS (ttm) 5.44
PE Ratio 6.49
Forward PE 6.57
Dividend $1.00 (2.83%)
Ex-Dividend Date Oct 31, 2023
Volume 4,043,856
Open 34.90
Previous Close 34.90
Day's Range 34.71 - 35.43
52-Week Range 26.59 - 38.00
Beta 1.63
Analysts Buy
Price Target 36.38 (+3.09%)
Earnings Date Jan 22, 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 cards, 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 to ... [Read more]

Industry Credit Services
Sector Financials
CEO Brian D. Doubles
Employees 18,500
Stock Exchange NYSE
Ticker Symbol SYF
Full Company Profile

Financial Performance

In 2022, SYF's revenue was $8.30 billion, a decrease of -12.33% compared to the previous year's $9.47 billion. Earnings were $2.97 billion, a decrease of -28.83%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for SYF stock is "Buy." The 12-month stock price forecast is $36.38, which is an increase of 3.09% from the latest price.

Price Target
(3.09% upside)
Analyst Consensus: Buy
Stock Forecasts


Here's why analyst Richard Bove thinks the return of ‘the Goldman Sachs of old' is the right move

While Goldman Sachs Group Inc. has drawn criticism from inside the bank and elsewhere for retreating from its consumer banking business, Odeon Capital banking analyst Richard Bove said the marquee inv...

7 days ago - Market Watch

Synchrony Achieves Top Score in Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index

Company Earns 100 on Human Rights Campaign Foundation's Assessment of LGBTQ+ Workplace Equality for Eight Consecutive Years Synchrony Recognized as a Leader in LGBTQ+ Workplace Inclusion STAMFORD, Con...

8 days ago - PRNewsWire

Synchrony and The Human Animal Bond Research Institute Form Strategic Alliance to Champion the Human-Animal Bond

WASHINGTON and STAMFORD, Conn. , Nov. 30, 2023 /PRNewswire/ -- The Human Animal Bond Research Institute (HABRI) and Synchrony (NYSE: SYF), a leading consumer finance company, today announced a strateg...

8 days ago - PRNewsWire

Synchrony Financial Shares Jump as Firm Sells Pet Insurance Unit

Synchrony Financial (SYF) shares jumped as the consumer financial services provider announced that it was selling its Pets Best Insurance Services subsidiary to Poodle Holdings.

10 days ago - Investopedia

Synchrony to Participate in the Goldman Sachs 2023 US Financial Services Conference

STAMFORD, Conn. , Nov. 28, 2023 /PRNewswire/ -- Synchrony (NYSE: SYF) President and Chief Executive Officer, Brian D.

10 days ago - PRNewsWire

Synchrony Study Reveals More Shoppers Value In-Store Retail Experiences, Financing Options for Large Purchases

Company's Ninth Major Purchase Journey Study Shows In-Store Shopping Experiences Still Essential Post-COVID, Bucking Online Shopping Trend; Retail Associates Are Essential to Help Turn Browsing Into B...

11 days ago - PRNewsWire

Synchrony Partners with Big Brand Tire & Service to Offer Shoppers More Accessible Financing Options

As a Member of Synchrony's Car Care Network, the Leading Tire and Auto Repair Provider Offers Finance Options that Make Payments More Affordable MOORPARK, Calif. and STAMFORD, Conn.

24 days ago - PRNewsWire

Synchrony Launches Learning Center to Support Small Businesses

Consumer financing company Synchrony launched a digital learning platform for small businesses. The Synchrony Small Business Learning Center aims to help the company's small- to medium-sized business ...

4 weeks ago - PYMNTS

New Synchrony Learning Center Expands to Serve Hundreds of Thousands of Small Businesses and Healthcare Providers

A Free Suite of Specialized Courses, Tools and Tips Help Merchants, Dealers and Wellness Providers Increase their Knowledge and Help Grow Their Businesses Company Provides Small Business Owners with R...

4 weeks ago - PRNewsWire

Synchrony and GreatWater 360 Auto Care Partner on New Financing Program

GreatWater Customers will Gain Access to Affordable Payments through Synchrony's Promotional Finance Options GRAND RAPIDS, Mich. and STAMFORD, Conn.

5 weeks ago - PRNewsWire

Synchrony Reports Third Quarter 2023 Results

STAMFORD, Conn. , Oct. 24, 2023 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) today announced its third quarter 2023 results for the period ending September 30, 2023.

6 weeks ago - PRNewsWire

Synchrony Announces Quarterly Common Stock Dividend of $0.25 Per Share

Company also declares preferred stock dividend STAMFORD, Conn. , Oct. 19, 2023 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) announced today that its Board of Directors declared a quarterly cash div...

7 weeks ago - PRNewsWire

Synchrony Unveils Great Transformation Initiative with Great Place To Work

New Leadership Training Program Designed to Encourage Candor, Empathy and Accountability STAMFORD, Conn. , Oct. 11, 2023 /PRNewswire/ -- Synchrony (NYSE: SYF) today announced its participation in the ...

2 months ago - PRNewsWire

Veterinary Growth Partners Selects Synchrony's CareCredit as Financing Solution for Members

Partnership To Offer Special Financing Options, Modern Digital Payment Features and Financial Education Resources STAMFORD, Conn. , Oct. 10, 2023 /PRNewswire/ -- Synchrony (NYSE: SYF), a leading consu...

2 months ago - PRNewsWire

Americans May Forgo Dental Treatments Due to Cost, Risking Overall Health, New Synchrony Research Reveals

Dental Care Costs Can Range from $51,000 for Single Adult Coverage to $95,000 for Couple and Family Coverage During a Lifetime According to the Synchrony "Lifetime of Dental Care Costs" Study 58% of A...

2 months ago - PRNewsWire

Bank stocks outpace broad market into the red as higher bond yields impact the value of their portfolios

A spike in bond yields on Tuesday threatened to pose yet another headache for down-beaten bank stocks, which moved into the red more deeply than the broader market.

2 months ago - Market Watch

The Executive Leadership Council Honors Synchrony for Outstanding Commitment to DEI at 2023 ELC Annual Recognition Gala

The company recognized for its investment in increasing the diversity of its leadership and creating economic opportunity for employees, vendors and communities. WASHINGTON , Sept.

2 months ago - PRNewsWire

Synchrony to Announce Third Quarter 2023 Financial Results on October 24, 2023

STAMFORD, Conn. , Sept. 26, 2023 /PRNewswire/ -- Synchrony (NYSE: SYF) plans to report its third quarter 2023 results on Tuesday, October 24, 2023.

2 months ago - PRNewsWire

Synchrony's CareCredit Now Offered at More Than 95% of Veterinary University Hospitals Nationwide

Virginia Tech, University of Missouri and Oregon State University Latest to Select CareCredit as Financing Solution of Choice for Pet Care CareCredit Accepted by 28 of the Nation's 29 Public Veterinar...

3 months ago - PRNewsWire

Synchrony to Participate in the Barclays Global Financial Services Conference

STAMFORD, Conn. , Sept. 5, 2023 /PRNewswire/ -- Synchrony (NYSE: SYF) Chief Financial Officer, Brian J.

3 months ago - PRNewsWire

Synchrony Celebrates National Service Dog Month with Canine Companions

Synchrony to Donate $85,000 to Nonprofit Matching People with Disabilities with Expertly Trained Service Dogs at No Cost to Recipients STAMFORD, Conn. , Aug. 31, 2023 /PRNewswire/ -- Synchrony (NYSE: ...

3 months ago - PRNewsWire

Specialty1 Partners Endorses Synchrony's CareCredit Credit Card as the Premier Patient Financing Solution for Dental Surgery Procedures

Partnership offers customized financing options to the dental organization's practices and patients for specialty dental care STAMFORD, Conn. , Aug. 29, 2023 /PRNewswire/ -- Synchrony (NYSE: SYF), a l...

3 months ago - PRNewsWire

Synchrony Expands Partnership with Roto-Rooter to Provide Access to Financing for Plumbing Services

Synchrony's Financing Tools Helped Roto-Rooter Grow Monthly Sales for the Past Decade STAMFORD, Conn. , July 28, 2023 /PRNewswire/ -- Synchrony (NYSE:  SYF), a leading consumer financing company, tod...

4 months ago - PRNewsWire

Synchrony's CareCredit Selected by National Veterinary Associates as Primary Client Financing Solution

CareCredit Will Enable Pet Parents to Finance Veterinary Services at All NVA's U.S. Veterinary Hospitals STAMFORD, Conn. , July 25, 2023 /PRNewswire/ -- Synchrony (NYSE: SYF), a leading provider of co...

4 months ago - PRNewsWire

Synchrony Announces Quarterly Common Stock Dividend of $0.25 Per Share, a 9% Increase in Our Quarterly Stock Dividend

Company also declares preferred stock dividend STAMFORD, Conn. , July 20, 2023 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) announced today that its Board of Directors declared a quarterly cash div...

5 months ago - PRNewsWire