Synchrony Financial (NYSE:SYF) Price Target Raised to $93.00 at Barclays

Synchrony Financial (NYSE:SYF) had its target price boosted by Barclays from $82.00 to $93.00 in a research report released on Wednesday morning,Benzinga reports. Barclays currently has an overweight rating on the financial services provider’s stock.

A number of other brokerages have also recently weighed in on SYF. Royal Bank Of Canada reduced their price target on Synchrony Financial from $91.00 to $85.00 and set a “sector perform” rating for the company in a research report on Wednesday, January 28th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Synchrony Financial in a research report on Monday. Robert W. Baird raised Synchrony Financial from a “neutral” rating to an “outperform” rating and set a $83.00 price target for the company in a research report on Friday, February 13th. BTIG Research cut Synchrony Financial from a “buy” rating to a “neutral” rating in a research report on Wednesday. Finally, Wall Street Zen cut Synchrony Financial from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $85.74.

Synchrony Financial Price Performance

SYF opened at $78.59 on Wednesday. The stock has a market cap of $27.32 billion, a price-to-earnings ratio of 8.13, a PEG ratio of 0.69 and a beta of 1.39. Synchrony Financial has a 1 year low of $49.50 and a 1 year high of $88.77. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.08. The stock has a fifty day moving average price of $69.89 and a 200 day moving average price of $74.71.

Synchrony Financial (NYSE:SYF) last released its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $2.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.14 by $0.13. The firm had revenue of $3.70 billion during the quarter, compared to analysts’ expectations of $3.81 billion. Synchrony Financial had a return on equity of 23.41% and a net margin of 15.80%.The business’s revenue for the quarter was down 7.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.89 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. Analysts forecast that Synchrony Financial will post 9.28 EPS for the current fiscal year.

Synchrony Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Tuesday, May 5th will be given a $0.30 dividend. The ex-dividend date of this dividend is Tuesday, May 5th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.5%. Synchrony Financial’s payout ratio is currently 12.41%.

Synchrony Financial declared that its board has approved a share repurchase program on Tuesday, April 21st that allows the company to repurchase $0.00 in outstanding shares. This repurchase authorization allows the financial services provider to purchase shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

Insiders Place Their Bets

In other news, insider Curtis Howse sold 52,556 shares of Synchrony Financial stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $72.32, for a total value of $3,800,849.92. Following the transaction, the insider directly owned 94,196 shares in the company, valued at approximately $6,812,254.72. The trade was a 35.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Brian J. Sr. Wenzel sold 47,112 shares of Synchrony Financial stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $67.16, for a total value of $3,164,041.92. Following the completion of the transaction, the insider owned 64,221 shares in the company, valued at $4,313,082.36. The trade was a 42.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 379,928 shares of company stock valued at $26,170,764 in the last ninety days. Company insiders own 0.32% of the company’s stock.

Hedge Funds Weigh In On Synchrony Financial

A number of institutional investors have recently made changes to their positions in SYF. Westside Investment Management Inc. increased its stake in shares of Synchrony Financial by 100.0% in the third quarter. Westside Investment Management Inc. now owns 358 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 179 shares during the period. FWL Investment Management LLC bought a new position in shares of Synchrony Financial in the third quarter worth about $26,000. Salomon & Ludwin LLC increased its stake in shares of Synchrony Financial by 54.9% in the third quarter. Salomon & Ludwin LLC now owns 412 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 146 shares during the period. Fideuram Asset Management Ireland dac bought a new position in shares of Synchrony Financial in the fourth quarter worth about $29,000. Finally, Advisors Asset Management Inc. bought a new position in shares of Synchrony Financial in the fourth quarter worth about $29,000. 96.48% of the stock is currently owned by institutional investors.

Key Stories Impacting Synchrony Financial

Here are the key news stories impacting Synchrony Financial this week:

• Positive Sentiment: Q1 EPS beat/consumer resilience — SYF reported $2.27 EPS (above expectations) and management highlighted strong purchase volume and improving credit trends, supporting profitability. Synchrony Financial’s quarterly profit rises amid resilient consumer spending
• Positive Sentiment: Big buyback + dividend bump — Board approved a $6.5B repurchase program and announced a dividend raise (quarterly from $0.30 to $0.34), which is directly supportive of EPS and signals management confidence. Synchrony Reports First Quarter 2026 Results
• Positive Sentiment: Analyst upgrades/price-target lifts — Barclays raised its PT to $93 (overweight) and Robert W. Baird lifted its PT to $86 (outperform), adding bullish analyst momentum. Benzinga Analyst Notes
• Positive Sentiment: Partnerships & purchase-volume record — New co-branded programs (e.g., Chico’s FAS) and a first-quarter record in purchase volume support future fee and interest income growth. Chico’s FAS credit card program with Synchrony
• Neutral Sentiment: CFO tone: momentum but watch affordability — Management flagged solid card usage and improving credit metrics, but noted ongoing affordability pressures that could temper upside. Synchrony CFO Flags Momentum in Spending and Credit
• Negative Sentiment: Revenue decline and slightly light FY26 guide — Revenue fell ~7.4% YoY and FY2026 EPS guidance of $9.10–$9.50 is modestly centered near consensus (slightly below some estimates), which tempers the beat. MarketBeat Q1 summary & guidance
• Negative Sentiment: Analyst downgrade from BTIG — BTIG cut SYF to Neutral, highlighting a more balanced risk/reward that could limit further multiple expansion near-term. Synchrony cut to Neutral at BTIG

About Synchrony Financial

Synchrony Financial (NYSE: SYF) is a consumer financial services company that specializes in providing point-of-sale financing and private-label, co-branded and branded credit card programs. The company serves as a payments and lending partner to retailers, digital merchants and service providers, offering consumer financing solutions designed to drive customer engagement and sales. Synchrony also operates a direct bank that offers deposit products, including savings accounts and certificates of deposit, which support its funding and customer-facing product suite.

Its core product set includes private-label and co-branded credit cards, general-purpose credit cards, installment loan programs and promotional financing options that are integrated into merchants’ checkout experiences.