Synchrony Financial (NYSE:SYF) Issues Earnings Results

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

Synchrony Financial Price Performance

Shares of SYF opened at $69.79 on Tuesday. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 1.06. The company’s fifty day simple moving average is $66.75 and its 200 day simple moving average is $56.87. Synchrony Financial has a 1-year low of $37.91 and a 1-year high of $70.93. The company has a market cap of $27.17 billion, a price-to-earnings ratio of 9.11, a PEG ratio of 0.83 and a beta of 1.64.

Synchrony Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Monday, February 3rd will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.43%. The ex-dividend date of this dividend is Monday, February 3rd. Synchrony Financial’s payout ratio is presently 13.05%.

Wall Street Analyst Weigh In

SYF has been the topic of a number of recent analyst reports. Morgan Stanley raised Synchrony Financial from an “underweight” rating to an “overweight” rating and boosted their price objective for the stock from $40.00 to $82.00 in a research note on Thursday, December 19th. The Goldman Sachs Group boosted their target price on shares of Synchrony Financial from $72.50 to $82.00 and gave the stock a “buy” rating in a research note on Wednesday, January 8th. StockNews.com raised shares of Synchrony Financial from a “hold” rating to a “buy” rating in a research note on Wednesday, October 9th. Evercore ISI upped their price objective on Synchrony Financial from $58.00 to $65.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Finally, Wells Fargo & Company upgraded Synchrony Financial from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $60.00 to $85.00 in a research report on Tuesday, December 3rd. Six analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $67.30.

Insider Buying and Selling at Synchrony Financial

In other news, insider Curtis Howse sold 21,934 shares of the firm’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $55.13, for a total value of $1,209,221.42. Following the completion of the sale, the insider now directly owns 99,743 shares of the company’s stock, valued at $5,498,831.59. This trade represents a 18.03 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at 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 stock was sold at an average price of $64.99, for a total value of $2,220,253.37. Following the transaction, the insider now directly owns 127,587 shares in the company, 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. Corporate insiders own 0.33% of the company’s stock.

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.