Synchrony Financial (SYF)

NYSE: SYF · IEX Real-Time Price · USD
35.78
+0.02 (0.07%)
Aug 16, 2022 11:20 AM EDT - Market open
0.07%
Market Cap 17.23B
Revenue (ttm) 9.05B
Net Income (ttm) 3.65B
Shares Out 481.76M
EPS (ttm) 6.88
PE Ratio 5.20
Forward PE 6.36
Dividend $0.89 (2.49%)
Ex-Dividend Date Jul 29, 2022
Volume 875,223
Open 35.74
Previous Close 35.75
Day's Range 35.43 - 36.06
52-Week Range 27.22 - 52.49
Beta 1.57
Analysts Buy
Price Target 42.89 (+19.9%)
Earnings Date Jul 18, 2022

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 Consumer Finance
CEO Margaret Keane
Employees 18,000
Stock Exchange NYSE
Ticker Symbol SYF
Full Company Profile

Financial Performance

In 2021, SYF's revenue was $9.47 billion, an increase of 61.76% compared to the previous year's $5.85 billion. Earnings were $4.18 billion, an increase of 211.17%.

Financial Statements

Analyst Forecast

According to 25 analysts, the average rating for SYF stock is "Buy." The 12-month stock price forecast is 42.89, which is an increase of 19.89% from the latest price.

Price Target
$42.89
(19.89% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Why Synchrony's Stock Price Soared 21.1% in July

The store-card lender saw a big increase in net interest income.

Synchrony Announces Quarterly Common Stock Dividend of $0.23 Per Share

Company also declares preferred stock dividend STAMFORD, Conn. , July 21, 2022 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) announced today that its Board of Directors declared a quarterly cash divid...

2022 Disability Equality Index Awards Synchrony Top Score for Sixth Consecutive Year

Synchrony named as a 'Best Place to Work for Disability Inclusion' STAMFORD, Conn. , July 20, 2022 /PRNewswire/ -- Today, Synchrony (NYSE: SYF) announced that for the sixth consecutive year, the company...

Synchrony Convenes Employees for Three-Day Global Diversity Experience

The company's eighth annual event advances culture of equity, diversity, inclusion and well-being for all Hundreds of employees volunteer time and talent, give back to local communities  STAMFORD, Conn....

Synchrony Financial (SYF) Q2 Earnings Beat on Purchase Volume

Synchrony Financial (SYF) expects more than 10% loan receivables growth for 2022 due to underlying trends of payment rates and purchase volume strength.

Synchrony (SYF) Q2 Earnings and Revenues Beat Estimates

Synchrony (SYF) delivered earnings and revenue surprises of 11.89% and 3.32%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Synchrony Financial Stock Jumps After Beating Earnings Estimate

The credit-card stock beat analyst estimates but profits were lower in the quarter compared with the same period the previous year.

Synchrony Reports Second Quarter 2022 Results

STAMFORD, Conn. , July 18, 2022 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) today announced its second quarter 2022 results for the period ending June 30, 2022.

Synchrony, Fiserv Team to Offer BNPL

Consumer financing company Synchrony has launched Synchrony SetPay pay in 4, an installment payment option for merchants, according to a Thursday (July 14) press release.

Other symbols: FISV

"PAY WITH SYNCHRONY" APP LAUNCHES AS FIRST COMBINED PRIVATE LABEL AND BNPL FINANCING SOLUTION AVAILABLE FOR SMALL BUS...

Synchrony and Fiserv collaboration gives small businesses ability to expand customer base with more financing options ; Synchrony SetPay complements other Synchrony financing products STAMFORD, Conn. , ...

What's in Store for Synchrony Financial's (SYF) Q2 Earnings?

Synchrony Financial's (SYF) second-quarter results are likely to benefit from higher net interest income and better purchase volumes, partly offset by elevated technology investments.

5 Large-Cap Stocks Likely to Gain on Q2 Earnings Next Week

Five large-cap companies will report second-quarter 2022 earnings results next week. These are: SYF, JNJ, JBHT, TFC and CFG.

Other symbols: CFGJBHTJNJTFC

Can Synchrony (SYF) Keep the Earnings Surprise Streak Alive?

Synchrony (SYF) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Synchrony (SYF) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Synchrony (SYF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

SYF vs. GBOOY: Which Stock Is the Better Value Option?

SYF vs. GBOOY: Which Stock Is the Better Value Option?

Prove Identity, Inc. Helps Synchrony Complete 25 Million Digital Credit Card Applications

NEW YORK--(BUSINESS WIRE)--Prove Identity, Inc. (“Prove”), the leader in digital identity, today announced it has facilitated 25 million “radically simple” customer credit card applications with Synchro...

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Synchrony Financial

Wilmington, Delaware--(Newsfile Corp. - June 29, 2022) - Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Synchrony Financial (NYSE: SYF) on behalf of stockhol...

Most Retailers Fail to Capitalize on Sharp Increase in Consumer Demand for Digital Gift Cards, Finds New Research fro...

JACKSONVILLE, Fla. & STAMFORD, Conn.--(BUSINESS WIRE)--Incisiv announced today the release of its 2nd Annual digital maturity benchmark report, 2022 Gift Card Program Index, sponsored by GiftNow, a Sync...

Synchrony to Announce Second Quarter 2022 Financial Results on July 18, 2022

STAMFORD, Conn. , June 27, 2022 /PRNewswire/ -- Synchrony (NYSE: SYF) plans to report its second quarter 2022 results on Monday, July 18, 2022.

4 Beaten-Down Large-Cap Stocks with Long-Term Growth Potential

Investors appear to be losing their nerve but this is exactly when we need to take a step back and consider the long-term potential in stocks.

Other symbols: APOPOOLQCOM

SYF vs. BX: Which Stock Should Value Investors Buy Now?

SYF vs. BX: Which Stock Is the Better Value Option?

Other symbols: BX

Shareholder Alert: Grabar Law Office Investigates Claims Against Officers and Directors of Synchrony Financial (SYF)

Philadelphia, Pennsylvania--(Newsfile Corp. - June 21, 2022) - Grabar Law Office is investigating potential claims against the officers and directors of Synchrony Financial ("Synchrony") (NYSE: SYF) on ...

Rapidly Growing Corporate Gifting Market Estimated to Reach $312 Billion by 2025 According to a New Study from Coresi...

Remote and hybrid work, increase in year-round gifting, and support for diversity, equity, and inclusion (DEI) accelerate market growth STAMFORD, Conn. , June 9, 2022 /PRNewswire/ -- A new Coresight Res...

Synchrony to Participate in the Morgan Stanley US Financials, Payments & CRE Conference

STAMFORD, Conn. , June 6, 2022 /PRNewswire/ -- Synchrony (NYSE: SYF) Chief Financial Officer, Brian J.

Grabar Law Office Investigates Potential Claims Against Officers and Directors of Synchrony Financial (NYSE: SYF)

Philadelphia, Pennsylvania--(Newsfile Corp. - May 28, 2022) - Grabar Law Office is investigating potential claims against the officers and directors of Synchrony Financial (NYSE: SYF) ("Synchrony") on b...