Synchrony Financial (NYSE:SYF) Issues Quarterly Earnings Results

Synchrony Financial (NYSE:SYF) posted its earnings results on Tuesday. The financial services provider reported $1.91 earnings per share for the quarter, topping 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 Down 1.2 %

Shares of SYF opened at $69.79 on Tuesday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.25 and a current ratio of 1.25. Synchrony Financial has a 52 week low of $37.91 and a 52 week high of $70.93. The stock has a market capitalization of $27.17 billion, a price-to-earnings ratio of 9.11, a PEG ratio of 0.83 and a beta of 1.64. The stock has a fifty day moving average of $66.75 and a 200-day moving average of $56.87.

Synchrony Financial Announces Dividend

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

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on SYF. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Synchrony Financial from $58.00 to $68.00 and gave the stock a “buy” rating in a research note on Thursday, October 17th. Keefe, Bruyette & Woods increased their price target on Synchrony Financial from $62.00 to $82.00 and gave the stock an “outperform” rating in a research report on Monday, December 9th. Royal Bank of Canada lifted their price objective on Synchrony Financial from $55.00 to $62.00 and gave the company a “sector perform” rating in a report on Thursday, October 17th. Jefferies Financial Group upped their target price on Synchrony Financial from $60.00 to $65.00 and gave the company a “buy” rating in a research report on Thursday, October 17th. Finally, Robert W. Baird set a $62.00 target price on Synchrony Financial in a report on Thursday, October 17th. Six equities research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $67.30.

Insider Buying and Selling

In other news, insider Jonathan S. Mothner sold 34,163 shares of the firm’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $64.99, for a total transaction of $2,220,253.37. Following the completion of the transaction, the insider now owns 127,587 shares of the company’s stock, valued at approximately $8,291,879.13. This trade represents a 21.12 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Curtis Howse sold 21,934 shares of Synchrony Financial stock in a transaction on 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 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 disclosure for this sale can be found here. 0.33% of the stock is currently owned by corporate insiders.

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.