FY2026 Earnings Forecast for SYF Issued By Seaport Res Ptn

Synchrony Financial (NYSE:SYFFree Report) – Equities researchers at Seaport Res Ptn issued their FY2026 earnings per share estimates for shares of Synchrony Financial in a research note issued to investors on Monday, November 18th. Seaport Res Ptn analyst W. Ryan expects that the financial services provider will post earnings of $7.60 per share for the year. The consensus estimate for Synchrony Financial’s current full-year earnings is $6.52 per share.

Synchrony Financial (NYSE:SYFGet Free Report) last announced its quarterly earnings data on Wednesday, October 16th. The financial services provider reported $1.94 EPS for the quarter, beating the consensus estimate of $1.77 by $0.17. Synchrony Financial had a return on equity of 16.64% and a net margin of 13.98%. The business had revenue of $3.81 billion during the quarter, compared to analyst estimates of $3.76 billion. During the same quarter last year, the firm posted $1.48 earnings per share. The company’s revenue for the quarter was up 9.8% on a year-over-year basis.

A number of other equities research analysts have also recently commented on the company. Compass Point increased their target price on Synchrony Financial from $56.00 to $60.00 and gave the stock a “buy” rating in a research note on Wednesday, October 16th. Barclays raised their price objective on shares of Synchrony Financial from $49.00 to $59.00 and gave the company an “equal weight” rating in a research note on Thursday, October 17th. Royal Bank of Canada upped their target price on shares of Synchrony Financial from $55.00 to $62.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 17th. TD Cowen boosted their price objective on shares of Synchrony Financial from $60.00 to $62.00 and gave the stock a “buy” rating in a report on Thursday, October 17th. Finally, Robert W. Baird set a $62.00 price objective on Synchrony Financial in a research report on Thursday, October 17th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $56.60.

Get Our Latest Stock Report on Synchrony Financial

Synchrony Financial Price Performance

Shares of SYF opened at $64.05 on Tuesday. Synchrony Financial has a fifty-two week low of $29.15 and a fifty-two week high of $67.76. The firm’s 50-day simple moving average is $54.34 and its two-hundred day simple moving average is $49.24. The stock has a market cap of $24.94 billion, a PE ratio of 8.36, a price-to-earnings-growth ratio of 0.90 and a beta of 1.59. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.25 and a current ratio of 1.25.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Coldstream Capital Management Inc. boosted its stake in shares of Synchrony Financial by 14.1% in the third quarter. Coldstream Capital Management Inc. now owns 9,637 shares of the financial services provider’s stock worth $499,000 after acquiring an additional 1,188 shares during the period. Brophy Wealth Management LLC bought a new position in Synchrony Financial in the 3rd quarter worth approximately $544,000. Harvest Investment Advisors LLC grew its holdings in Synchrony Financial by 0.7% during the 3rd quarter. Harvest Investment Advisors LLC now owns 39,954 shares of the financial services provider’s stock valued at $1,993,000 after buying an additional 265 shares in the last quarter. Public Employees Retirement System of Ohio raised its position in shares of Synchrony Financial by 0.6% during the third quarter. Public Employees Retirement System of Ohio now owns 215,396 shares of the financial services provider’s stock valued at $10,744,000 after buying an additional 1,354 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd lifted its holdings in shares of Synchrony Financial by 68.2% in the third quarter. Y Intercept Hong Kong Ltd now owns 49,837 shares of the financial services provider’s stock worth $2,486,000 after buying an additional 20,205 shares in the last quarter. Hedge funds and other institutional investors own 96.48% of the company’s stock.

Insider Transactions at Synchrony Financial

In other Synchrony Financial news, insider Curtis Howse sold 21,934 shares of Synchrony Financial 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 transaction, the insider now owns 99,743 shares of the company’s stock, valued at $5,498,831.59. The trade was a 18.03 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.33% of the stock is currently owned by company insiders.

Synchrony Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Monday, November 4th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date was Monday, November 4th. Synchrony Financial’s payout ratio is 13.05%.

Synchrony Financial Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for Synchrony Financial (NYSE:SYF)

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