Synchrony Financial (NYSE:SYF – Free Report) – Equities researchers at Seaport Res Ptn issued their FY2026 earnings estimates for Synchrony Financial in a research note issued to investors on Monday, November 18th. Seaport Res Ptn analyst W. Ryan anticipates that the financial services provider will earn $7.60 per share for the year. The consensus estimate for Synchrony Financial’s current full-year earnings is $6.52 per share.
Several other equities research analysts also recently issued reports on the stock. Jefferies Financial Group increased their price objective on shares of Synchrony Financial from $60.00 to $65.00 and gave the stock a “buy” rating in a research report on Thursday, October 17th. Wells Fargo & Company raised their target price on shares of Synchrony Financial from $53.00 to $60.00 and gave the company an “equal weight” rating in a research report on Thursday, October 17th. JMP Securities reissued a “market outperform” rating and issued a $60.00 price objective on shares of Synchrony Financial in a research report on Monday, October 14th. StockNews.com raised shares of Synchrony Financial from a “hold” rating to a “buy” rating in a research report on Wednesday, October 9th. Finally, BTIG Research downgraded shares of Synchrony Financial from a “buy” rating to a “neutral” rating in a research report on Monday, September 16th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $57.43.
Synchrony Financial Trading Up 1.2 %
SYF opened at $64.40 on Tuesday. The firm’s fifty day moving average is $55.06 and its two-hundred day moving average is $49.47. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.25 and a current ratio of 1.25. The firm has a market cap of $25.07 billion, a PE ratio of 8.41, a price-to-earnings-growth ratio of 0.90 and a beta of 1.59. Synchrony Financial has a twelve month low of $29.15 and a twelve month high of $67.76.
Synchrony Financial (NYSE:SYF – Get Free Report) last announced its quarterly earnings data on Wednesday, October 16th. The financial services provider reported $1.94 earnings per share for the quarter, beating the consensus estimate of $1.77 by $0.17. Synchrony Financial had a net margin of 13.98% and a return on equity of 16.64%. The business had revenue of $3.81 billion for the quarter, compared to analyst estimates of $3.76 billion. During the same period in the prior year, the business posted $1.48 earnings per share. Synchrony Financial’s revenue was up 9.8% compared to the same quarter last year.
Hedge Funds Weigh In On Synchrony Financial
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Larson Financial Group LLC boosted its position in Synchrony Financial by 92.7% during the third quarter. Larson Financial Group LLC now owns 607 shares of the financial services provider’s stock worth $30,000 after purchasing an additional 292 shares during the period. Altshuler Shaham Ltd bought a new position in Synchrony Financial during the second quarter worth about $31,000. International Assets Investment Management LLC bought a new position in Synchrony Financial during the second quarter worth about $33,000. WR Wealth Planners LLC lifted its holdings in shares of Synchrony Financial by 83.6% in the second quarter. WR Wealth Planners LLC now owns 716 shares of the financial services provider’s stock worth $34,000 after buying an additional 326 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC purchased a new stake in shares of Synchrony Financial in the second quarter worth about $39,000. Institutional investors own 96.48% of the company’s stock.
Insiders Place Their Bets
In other news, insider Jonathan S. Mothner sold 34,163 shares of the company’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $64.99, for a total value of $2,220,253.37. Following the completion of the sale, the insider now owns 127,587 shares in the company, valued at $8,291,879.13. This represents a 21.12 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Curtis Howse sold 21,934 shares of the stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $55.13, for a total transaction of $1,209,221.42. Following the transaction, the insider now owns 99,743 shares of the company’s stock, valued at approximately $5,498,831.59. The trade was a 18.03 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.33% of the company’s stock.
Synchrony Financial Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 4th were issued a dividend of $0.25 per share. The ex-dividend date was Monday, November 4th. This represents a $1.00 annualized dividend and a yield of 1.55%. Synchrony Financial’s payout ratio is 13.05%.
About Synchrony Financial
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 and affinity deposits, as well as accepts deposits through third-party securities brokerage firms.
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