Synchrony Financial (NYSE:SYF) Announces Quarterly Earnings Results

Synchrony Financial (NYSE:SYF) issued its earnings results on Tuesday. The financial services provider reported $1.91 earnings per share for the quarter, beating analysts’ consensus estimates of $1.89 by $0.02, Zacks reports. Synchrony Financial had a return on equity of 16.64% and a net margin of 13.98%. Synchrony Financial updated its FY 2025 guidance to EPS.

Synchrony Financial Stock Performance

Shares of SYF opened at $66.68 on Wednesday. The stock has a 50-day moving average of $66.87 and a two-hundred day moving average of $57.01. 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 stock has a market cap of $25.96 billion, a P/E ratio of 8.70, a P/E/G ratio of 0.83 and a beta of 1.64. Synchrony Financial has a one year low of $37.91 and a one year high of $70.93.

Synchrony Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Monday, February 3rd will be paid a $0.25 dividend. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $1.00 dividend on an annualized basis and a yield of 1.50%. Synchrony Financial’s dividend payout ratio (DPR) is 13.05%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on SYF. Morgan Stanley upgraded Synchrony Financial from an “underweight” rating to an “overweight” rating and lifted their price objective for the company from $40.00 to $82.00 in a report on Thursday, December 19th. Wells Fargo & Company raised shares of Synchrony Financial from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $60.00 to $85.00 in a research report on Tuesday, December 3rd. Compass Point lowered shares of Synchrony Financial from a “buy” rating to a “neutral” rating and set a $70.00 price objective on the stock. in a report on Tuesday. Deutsche Bank Aktiengesellschaft upped their target price on Synchrony Financial from $58.00 to $68.00 and gave the stock a “buy” rating in a report on Thursday, October 17th. Finally, TD Cowen boosted their price target on Synchrony Financial from $60.00 to $62.00 and gave the stock a “buy” rating in a research report on Thursday, October 17th. Seven equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Synchrony Financial currently has a consensus rating of “Moderate Buy” and a consensus target price of $68.50.

Insider Transactions at Synchrony Financial

In other Synchrony Financial news, insider Curtis Howse sold 21,934 shares of Synchrony Financial stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $55.13, for a total transaction of $1,209,221.42. Following the completion of the transaction, the insider now owns 99,743 shares in the company, valued at approximately $5,498,831.59. This trade represents a 18.03 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Jonathan S. Mothner sold 34,163 shares of the business’s 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 transaction, the insider now directly owns 127,587 shares of the company’s stock, valued at $8,291,879.13. The trade was a 21.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.33% 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.