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

Synchrony Financial (NYSE:SYF) posted its quarterly earnings data on Tuesday. The financial services provider reported $1.91 earnings per share for the quarter, beating 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 Trading Up 3.2 %

Shares of NYSE:SYF opened at $68.76 on Thursday. Synchrony Financial has a 52-week low of $37.91 and a 52-week high of $70.93. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.25 and a current ratio of 1.25. The company has a market cap of $26.77 billion, a P/E ratio of 8.98, a P/E/G ratio of 0.83 and a beta of 1.64. The stock’s 50-day moving average is $66.93 and its 200-day moving average is $57.14.

Synchrony Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Monday, February 3rd will be issued a dividend of $0.25 per share. 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 13.05%.

Insider Activity at Synchrony Financial

In other Synchrony Financial news, insider Curtis Howse sold 21,934 shares of the stock in a transaction on Friday, November 1st. The shares were sold at an average price of $55.13, for a total value of $1,209,221.42. Following the completion of the sale, the insider now directly owns 99,743 shares of the company’s stock, valued at $5,498,831.59. This represents a 18.03 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Jonathan S. Mothner sold 34,163 shares of the firm’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $64.99, for a total transaction of $2,220,253.37. Following the completion of the sale, the insider now owns 127,587 shares in the company, valued at $8,291,879.13. This represents 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 owned by corporate insiders.

Analysts Set New Price Targets

SYF has been the subject of several research analyst reports. Bank of America upped their price target on shares of Synchrony Financial from $82.00 to $85.00 and gave the company a “buy” rating in a research report on Tuesday. StockNews.com raised shares of Synchrony Financial from a “hold” rating to a “buy” rating in a research note on Wednesday, October 9th. TD Cowen upped their price target on shares of Synchrony Financial from $60.00 to $62.00 and gave the stock a “buy” rating in a research note on Thursday, October 17th. JMP Securities reissued a “market outperform” rating and set a $60.00 price objective on shares of Synchrony Financial in a research report on Monday, October 14th. Finally, Morgan Stanley raised Synchrony Financial from an “underweight” rating to an “overweight” rating and raised their price target for the stock from $40.00 to $82.00 in a research note on Thursday, December 19th. Seven analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Synchrony Financial has a consensus rating of “Moderate Buy” and an average price target of $69.05.

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.