Synchrony Financial (SYF) Projected to Post Quarterly Earnings on Tuesday

Synchrony Financial (NYSE:SYF) is anticipated to announce its earnings results before the market opens on Tuesday, April 22nd. Analysts expect the company to announce earnings of $1.66 per share and revenue of $3.80 billion for the quarter. Synchrony Financial has set its FY 2025 guidance at EPS.Individual interested in listening to the company’s earnings conference call can do so using this link.

Synchrony Financial (NYSE:SYF) last released its earnings results on Tuesday, January 28th. The financial services provider reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.89 by $0.02. Synchrony Financial had a return on equity of 18.30% and a net margin of 15.36%. On average, analysts expect Synchrony Financial to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Synchrony Financial Trading Up 2.4 %

Synchrony Financial stock opened at $47.86 on Monday. Synchrony Financial has a 12 month low of $40.55 and a 12 month high of $70.93. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 1.01. The stock has a market cap of $18.61 billion, a P/E ratio of 5.60, a P/E/G ratio of 0.71 and a beta of 1.45. The company’s fifty day simple moving average is $54.25 and its 200-day simple moving average is $60.41.

Synchrony Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 3rd were paid a $0.25 dividend. The ex-dividend date was Monday, February 3rd. This represents a $1.00 dividend on an annualized basis and a yield of 2.09%. Synchrony Financial’s dividend payout ratio (DPR) is currently 11.71%.

Wall Street Analyst Weigh In

SYF has been the subject of a number of recent research reports. StockNews.com downgraded Synchrony Financial from a “buy” rating to a “hold” rating in a research note on Monday, March 24th. Barclays upgraded shares of Synchrony Financial from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $59.00 to $79.00 in a report on Monday, January 6th. JPMorgan Chase & Co. cut their target price on Synchrony Financial from $76.00 to $50.00 and set an “overweight” rating on the stock in a report on Tuesday, April 8th. Bank of America upped their price target on Synchrony Financial from $82.00 to $85.00 and gave the stock a “buy” rating in a research note on Tuesday, January 28th. Finally, Compass Point lowered 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, January 28th. Eight research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $65.11.

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.