Synchrony Financial (NYSE:SYF) Posts Earnings Results, Beats Estimates By $0.02 EPS

Synchrony Financial (NYSE:SYF) posted its quarterly earnings results on Tuesday. The financial services provider reported $1.91 EPS for the quarter, topping the consensus estimate of $1.89 by $0.02, Zacks reports. Synchrony Financial had a net margin of 13.98% and a return on equity of 16.64%. Synchrony Financial updated its FY 2025 guidance to EPS.

Synchrony Financial Price Performance

Synchrony Financial stock opened at $69.79 on Tuesday. The firm has a market cap of $27.17 billion, a PE ratio of 9.11, a price-to-earnings-growth ratio of 0.83 and a beta of 1.64. The stock’s fifty day moving average price is $66.75 and its two-hundred day moving average price is $56.87. Synchrony Financial has a one year low of $37.91 and a one year high of $70.93. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.25 and a quick ratio of 1.25.

Synchrony Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Monday, February 3rd will be issued a $0.25 dividend. 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 is currently 13.05%.

Wall Street Analyst Weigh In

SYF has been the subject of a number of recent research reports. UBS Group raised their price target on Synchrony Financial from $58.00 to $66.00 and gave the stock a “neutral” rating in a research note on Monday, January 13th. Jefferies Financial Group boosted their price objective on shares of Synchrony Financial from $60.00 to $65.00 and gave the stock a “buy” rating in a research note on Thursday, October 17th. Evercore ISI lifted their target price on shares of Synchrony Financial from $58.00 to $65.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Robert W. Baird set a $62.00 price objective on Synchrony Financial in a research note on Thursday, October 17th. Finally, Keefe, Bruyette & Woods raised their target price on Synchrony Financial from $62.00 to $82.00 and gave the company an “outperform” rating in a report on Monday, December 9th. Six research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Synchrony Financial presently has a consensus rating of “Moderate Buy” and a consensus price target of $67.30.

Insider Buying and Selling

In other Synchrony Financial news, insider Jonathan S. Mothner sold 34,163 shares of the firm’s stock in a transaction that occurred 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 in the company, valued at approximately $8,291,879.13. This trade represents a 21.12 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Curtis Howse sold 21,934 shares of the 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 sale, the insider now owns 99,743 shares of the company’s stock, valued at approximately $5,498,831.59. This trade represents a 18.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.33% of the stock is owned by corporate insiders.

Synchrony Financial Company Profile

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.