Synchrony Financial (NYSE:SYF) Stock Has Average Target Price of $88.25 According to Brokerages

Shares of Synchrony Financial (NYSE:SYF) have been assigned an average rating of “Moderate Buy” from the seventeen analysts that are currently covering the firm, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $88.25.

A number of equities research analysts have recently weighed in on SYF shares. JPMorgan Chase & Co. dropped their price objective on Synchrony Financial from $81.00 to $78.00 and set a “neutral” rating for the company in a research note on Monday, July 13th. TD Cowen increased their target price on shares of Synchrony Financial from $89.00 to $90.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. HSBC increased their price target on Synchrony Financial from $93.00 to $97.00 and gave the company a “buy” rating in a research report on Monday, July 13th. Weiss Ratings restated a “buy (b-)” rating on shares of Synchrony Financial in a report on Friday, July 17th. Finally, Wells Fargo & Company cut their target price on Synchrony Financial from $95.00 to $88.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 22nd.

Institutional Trading of Synchrony Financial

A number of large investors have recently bought and sold shares of SYF. World Investment Advisors lifted its position in Synchrony Financial by 0.6% in the first quarter. World Investment Advisors now owns 22,874 shares of the financial services provider’s stock valued at $1,556,000 after purchasing an additional 134 shares during the period. WealthTrust Asset Management LLC boosted its position in Synchrony Financial by 0.9% during the first quarter. WealthTrust Asset Management LLC now owns 17,452 shares of the financial services provider’s stock worth $1,187,000 after purchasing an additional 156 shares in the last quarter. Root Financial Partners LLC boosted its position in shares of Synchrony Financial by 15.8% in the 4th quarter. Root Financial Partners LLC now owns 1,333 shares of the financial services provider’s stock worth $111,000 after buying an additional 182 shares in the last quarter. Parkside Financial Bank & Trust grew its position in shares of Synchrony Financial by 13.7% in the second quarter. Parkside Financial Bank & Trust now owns 1,526 shares of the financial services provider’s stock valued at $116,000 after purchasing an additional 184 shares during the last quarter. Finally, CoreFirst Bank & Trust grew its holdings in Synchrony Financial by 57.8% during the 1st quarter. CoreFirst Bank & Trust now owns 505 shares of the financial services provider’s stock valued at $34,000 after buying an additional 185 shares during the last quarter. Institutional investors and hedge funds own 96.48% of the company’s stock.

Synchrony Financial Price Performance

SYF stock opened at $72.90 on Friday. The business has a fifty day moving average of $76.98 and a two-hundred day moving average of $73.83. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.08. The stock has a market cap of $23.72 billion, a price-to-earnings ratio of 7.47, a price-to-earnings-growth ratio of 0.67 and a beta of 1.32. Synchrony Financial has a 52-week low of $63.08 and a 52-week high of $88.77.

Synchrony Financial (NYSE:SYF) last issued its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $2.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.14 by $0.45. The firm had revenue of $3.72 billion for the quarter, compared to analyst estimates of $3.72 billion. Synchrony Financial had a net margin of 15.44% and a return on equity of 23.09%. During the same period in the previous year, the firm earned $2.50 EPS. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. As a group, research analysts anticipate that Synchrony Financial will post 9.38 earnings per share for the current year.

Synchrony Financial Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Wednesday, August 5th were issued a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Wednesday, August 5th. This is an increase from Synchrony Financial’s previous quarterly dividend of $0.30. Synchrony Financial’s dividend payout ratio (DPR) is presently 13.93%.

About Synchrony Financial

Synchrony Financial (NYSE: SYF) is a consumer financial services company that provides credit products and financing programs through partnerships with retailers, manufacturers, healthcare providers and other businesses. Its offerings are designed to help consumers finance purchases and manage spending across a range of industries.

The company’s products include private-label and co-branded credit cards, promotional financing, installment loans and other consumer payment solutions. Synchrony also provides deposit products and other banking services through Synchrony Bank, including savings accounts, certificates of deposit and money market accounts.

Synchrony primarily serves consumers and business partners in the United States, including customers in retail, home, automotive, healthcare, specialty and other markets.