Seaport Res Ptn Analysts Increase Earnings Estimates for SYF

Synchrony Financial (NYSE:SYF) – Investment analysts at Seaport Res Ptn lifted their FY2025 earnings estimates for shares of Synchrony Financial in a research report issued on Wednesday, January 29th. Seaport Res Ptn analyst W. Ryan now forecasts that the financial services provider will post earnings per share of $7.00 for the year, up from their previous forecast of $6.50. The consensus estimate for Synchrony Financial’s current full-year earnings is $6.54 per share. Seaport Res Ptn also issued estimates for Synchrony Financial’s FY2026 earnings at $8.00 EPS.

Other equities analysts have also recently issued reports about the company. Robert W. Baird set a $62.00 target price on Synchrony Financial in a report on Thursday, October 17th. JMP Securities reissued a “market outperform” rating and set a $60.00 price target on shares of Synchrony Financial in a report on Monday, October 14th. The Goldman Sachs Group raised their price objective on shares of Synchrony Financial from $72.50 to $82.00 and gave the stock a “buy” rating in a report on Wednesday, January 8th. Royal Bank of Canada increased their price target on Synchrony Financial from $70.00 to $73.00 and gave the stock a “sector perform” rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. upgraded Synchrony Financial from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $59.00 to $72.00 in a research report on Monday, December 9th. Seven equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $69.05.

Synchrony Financial Price Performance

Shares of NYSE:SYF opened at $68.76 on Thursday. The business’s 50 day moving average is $66.93 and its 200-day moving average is $57.14. 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 firm has a market capitalization of $26.77 billion, a PE ratio of 8.98, a PEG ratio of 0.83 and a beta of 1.64. Synchrony Financial has a 1-year low of $37.91 and a 1-year high of $70.93.

Synchrony Financial (NYSE:SYF) last posted its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.02. Synchrony Financial had a return on equity of 16.64% and a net margin of 13.98%.

Synchrony Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Monday, February 3rd will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date is Monday, February 3rd. Synchrony Financial’s dividend payout ratio (DPR) is presently 13.05%.

Insider Buying and Selling

In other Synchrony Financial news, insider Curtis Howse sold 21,934 shares of the business’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $55.13, for a total transaction of $1,209,221.42. Following the sale, the insider now directly owns 99,743 shares of the company’s stock, valued at $5,498,831.59. The trade was a 18.03 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Jonathan S. Mothner sold 34,163 shares of the stock in a transaction on Friday, November 15th. The shares were sold at an average price of $64.99, for a total value of $2,220,253.37. Following the completion of the sale, the insider now owns 127,587 shares of the company’s stock, 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. 0.33% of the stock is currently owned by company insiders.

Institutional Trading of Synchrony Financial

Large investors have recently made changes to their positions in the company. National Pension Service grew its stake in Synchrony Financial by 22.7% in the third quarter. National Pension Service now owns 957,758 shares of the financial services provider’s stock valued at $47,773,000 after acquiring an additional 177,051 shares during the period. National Bank of Canada FI increased its stake in Synchrony Financial by 119.0% during the 3rd quarter. National Bank of Canada FI now owns 243,040 shares of the financial services provider’s stock valued at $12,123,000 after purchasing an additional 132,047 shares in the last quarter. Brophy Wealth Management LLC acquired a new position in Synchrony Financial during the third quarter worth $544,000. Principal Financial Group Inc. lifted its stake in shares of Synchrony Financial by 2.2% in the third quarter. Principal Financial Group Inc. now owns 487,720 shares of the financial services provider’s stock valued at $24,327,000 after buying an additional 10,294 shares in the last quarter. Finally, Unigestion Holding SA acquired a new position in shares of Synchrony Financial during the third quarter valued at about $985,000. 96.48% of the stock is currently owned by institutional investors and hedge funds.

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.