Synchrony Financial (NYSE:SYF) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Synchrony Financial (NYSE:SYF) have received a consensus rating of “Moderate Buy” from the twenty-one ratings firms that are currently covering the stock, Marketbeat reports. Seven analysts have rated the stock with a hold recommendation, thirteen have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $87.1053.

A number of research analysts have issued reports on SYF shares. Compass Point upgraded shares of Synchrony Financial from a “neutral” rating to a “buy” rating and set a $96.00 target price on the stock in a research report on Wednesday, January 28th. JPMorgan Chase & Co. dropped their price target on shares of Synchrony Financial from $86.00 to $84.00 and set a “neutral” rating for the company in a research note on Wednesday, January 28th. Truist Financial cut their price objective on shares of Synchrony Financial from $92.00 to $84.00 and set a “hold” rating on the stock in a report on Thursday, January 29th. Wolfe Research started coverage on shares of Synchrony Financial in a research note on Monday, December 8th. They issued an “outperform” rating and a $92.00 price objective on the stock. Finally, BTIG Research lowered their target price on shares of Synchrony Financial from $100.00 to $96.00 and set a “buy” rating for the company in a report on Tuesday, January 27th.

Synchrony Financial Trading Down 3.4%

SYF stock opened at $66.64 on Monday. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.98. Synchrony Financial has a twelve month low of $40.54 and a twelve month high of $88.77. The company has a market cap of $23.16 billion, a P/E ratio of 7.17, a PEG ratio of 0.59 and a beta of 1.42. The business has a fifty day moving average of $76.06 and a 200-day moving average of $75.91.

Synchrony Financial (NYSE:SYF) last posted its quarterly earnings results on Tuesday, January 27th. The financial services provider reported $2.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.02 by $0.16. The business had revenue of $3.79 billion for the quarter, compared to analysts’ expectations of $3.84 billion. Synchrony Financial had a return on equity of 23.07% and a net margin of 15.72%.The firm’s quarterly revenue was down .2% compared to the same quarter last year. During the same quarter last year, the business earned $1.91 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. As a group, equities research analysts expect that Synchrony Financial will post 7.67 EPS for the current year.

Synchrony Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Friday, February 6th were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, February 6th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.8%. Synchrony Financial’s payout ratio is 12.92%.

Insiders Place Their Bets

In related news, insider Alberto Casellas sold 14,399 shares of the company’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $67.71, for a total value of $974,956.29. Following the completion of the sale, the insider owned 50,331 shares in the company, valued at approximately $3,407,912.01. This represents a 22.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Curtis Howse sold 7,882 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $67.71, for a total value of $533,690.22. Following the transaction, the insider owned 94,873 shares in the company, valued at approximately $6,423,850.83. This trade represents a 7.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 379,928 shares of company stock valued at $26,170,764 in the last ninety days. 0.33% of the stock is currently owned by insiders.

Institutional Trading of Synchrony Financial

A number of hedge funds have recently modified their holdings of SYF. NewEdge Advisors LLC increased its stake in Synchrony Financial by 8.9% in the first quarter. NewEdge Advisors LLC now owns 8,302 shares of the financial services provider’s stock valued at $439,000 after purchasing an additional 679 shares in the last quarter. Woodline Partners LP boosted its position in shares of Synchrony Financial by 36.2% during the first quarter. Woodline Partners LP now owns 35,582 shares of the financial services provider’s stock worth $1,884,000 after purchasing an additional 9,460 shares in the last quarter. Focus Partners Wealth boosted its position in shares of Synchrony Financial by 7.7% during the first quarter. Focus Partners Wealth now owns 6,406 shares of the financial services provider’s stock worth $339,000 after purchasing an additional 459 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of Synchrony Financial by 337.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 590 shares of the financial services provider’s stock valued at $31,000 after buying an additional 455 shares during the period. Finally, Sivia Capital Partners LLC grew its holdings in shares of Synchrony Financial by 56.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 6,062 shares of the financial services provider’s stock valued at $405,000 after buying an additional 2,178 shares during the period. 96.48% of the stock is currently owned by institutional investors and hedge funds.

Synchrony Financial Company Profile

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.