Seaport Res Ptn Issues Optimistic Forecast for SYF Earnings

Synchrony Financial (NYSE:SYF) – Equities researchers at Seaport Res Ptn upped their FY2025 earnings estimates for shares of Synchrony Financial in a research note issued on Wednesday, January 29th. Seaport Res Ptn analyst W. Ryan now expects that the financial services provider will post earnings of $7.00 per share for the year, up from their previous estimate of $6.50. The consensus estimate for Synchrony Financial’s current full-year earnings is $6.54 per share. Seaport Res Ptn also issued estimates for Synchrony Financial’s FY2026 earnings at $8.00 EPS.

Synchrony Financial (NYSE:SYF) last posted its quarterly earnings results on Tuesday, January 28th. The financial services provider reported $1.91 EPS for the quarter, beating the consensus estimate of $1.89 by $0.02. Synchrony Financial had a net margin of 13.98% and a return on equity of 16.64%.

A number of other research analysts also recently issued reports on SYF. Bank of America boosted their price target on Synchrony Financial from $82.00 to $85.00 and gave the company a “buy” rating in a report on Tuesday. Jefferies Financial Group increased their price target on shares of Synchrony Financial from $60.00 to $65.00 and gave the stock a “buy” rating in a report on Thursday, October 17th. TD Cowen raised their price target on shares of Synchrony Financial from $60.00 to $62.00 and gave the company a “buy” rating in a research report on Thursday, October 17th. UBS Group upped their price objective on shares of Synchrony Financial from $58.00 to $66.00 and gave the stock a “neutral” rating in a research report on Monday, January 13th. Finally, Truist Financial raised their target price on Synchrony Financial from $72.00 to $77.00 and gave the company a “hold” rating in a research report on Thursday. Seven research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Synchrony Financial currently has an average rating of “Moderate Buy” and a consensus target price of $69.30.

Synchrony Financial Stock Up 0.9 %

Shares of SYF opened at $69.40 on Thursday. The company has a market capitalization of $27.02 billion, a price-to-earnings ratio of 9.06, a PEG ratio of 0.83 and a beta of 1.64. Synchrony Financial has a 52 week low of $37.91 and a 52 week high of $70.93. The stock’s 50-day moving average price is $67.01 and its 200-day moving average price is $57.22. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 1.06.

Synchrony Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Monday, February 3rd will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.44%. The ex-dividend date is Monday, February 3rd. Synchrony Financial’s payout ratio is currently 13.05%.

Insiders Place Their Bets

In other news, insider Jonathan S. Mothner sold 34,163 shares of the stock in a transaction that occurred 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 of the company’s stock, valued at $8,291,879.13. This represents a 21.12 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.33% of the company’s stock.

Institutional Trading of Synchrony Financial

Several institutional investors have recently made changes to their positions in SYF. Marshall Wace LLP acquired a new position in shares of Synchrony Financial in the 2nd quarter valued at $444,000. Northwestern Mutual Wealth Management Co. raised its holdings in Synchrony Financial by 3.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 9,899 shares of the financial services provider’s stock valued at $467,000 after buying an additional 346 shares during the period. B. Riley Wealth Advisors Inc. lifted its position in Synchrony Financial by 21.4% in the second quarter. B. Riley Wealth Advisors Inc. now owns 13,321 shares of the financial services provider’s stock valued at $629,000 after buying an additional 2,349 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in Synchrony Financial during the second quarter worth about $4,877,000. Finally, Newbridge Financial Services Group Inc. acquired a new stake in shares of Synchrony Financial during the second quarter valued at about $86,000. Hedge funds and other institutional investors own 96.48% of the company’s stock.

Synchrony Financial Company Profile

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.