Analysts Set Synchrony Financial (NYSE:SYF) Price Target at $86.05

Synchrony Financial (NYSE:SYF) has received a consensus recommendation of “Moderate Buy” from the twenty-one ratings firms that are covering the company, MarketBeat.com reports. Eight research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $86.05.

SYF has been the subject of a number of recent analyst reports. Wells Fargo & Company cut their price objective on Synchrony Financial from $100.00 to $95.00 and set an “overweight” rating for the company in a research report on Thursday, April 9th. Barclays increased their target price on Synchrony Financial from $82.00 to $93.00 and gave the company an “overweight” rating in a report on Wednesday, April 22nd. Loop Capital assumed coverage on Synchrony Financial in a report on Friday, May 22nd. They set a “hold” rating and a $81.00 target price for the company. JPMorgan Chase & Co. reduced their target price on Synchrony Financial from $84.00 to $73.00 and set a “neutral” rating for the company in a report on Thursday, April 9th. Finally, Robert W. Baird increased their target price on Synchrony Financial from $83.00 to $86.00 and gave the company an “outperform” rating in a report on Wednesday, April 22nd.

Insider Activity at Synchrony Financial

In other Synchrony Financial news, insider Jonathan S. Mothner sold 51,258 shares of the stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $71.23, for a total transaction of $3,651,107.34. Following the completion of the transaction, the insider owned 132,664 shares of the company’s stock, valued at $9,449,656.72. This represents a 27.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.36% of the stock is owned by insiders.

Hedge Funds Weigh In On Synchrony Financial

A number of hedge funds have recently made changes to their positions in the company. World Investment Advisors increased its holdings in shares of Synchrony Financial by 0.6% during the first quarter. World Investment Advisors now owns 22,874 shares of the financial services provider’s stock worth $1,556,000 after buying an additional 134 shares in the last quarter. Cullen Frost Bankers Inc. increased its holdings in shares of Synchrony Financial by 7.3% during the fourth quarter. Cullen Frost Bankers Inc. now owns 1,995 shares of the financial services provider’s stock worth $166,000 after buying an additional 135 shares in the last quarter. Colonial Trust Co SC increased its holdings in shares of Synchrony Financial by 40.2% during the third quarter. Colonial Trust Co SC now owns 474 shares of the financial services provider’s stock worth $34,000 after buying an additional 136 shares in the last quarter. CoreCap Advisors LLC increased its holdings in shares of Synchrony Financial by 34.4% during the fourth quarter. CoreCap Advisors LLC now owns 543 shares of the financial services provider’s stock worth $45,000 after buying an additional 139 shares in the last quarter. Finally, Choreo LLC increased its holdings in shares of Synchrony Financial by 1.1% during the fourth quarter. Choreo LLC now owns 13,486 shares of the financial services provider’s stock worth $1,137,000 after buying an additional 145 shares in the last quarter. Institutional investors and hedge funds own 96.48% of the company’s stock.

Synchrony Financial Stock Down 0.9%

Synchrony Financial stock opened at $75.06 on Wednesday. The stock has a market capitalization of $25.25 billion, a PE ratio of 7.76, a price-to-earnings-growth ratio of 0.67 and a beta of 1.33. Synchrony Financial has a 12 month low of $63.08 and a 12 month high of $88.77. The business has a 50 day simple moving average of $73.45 and a 200-day simple moving average of $74.47. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.24 and a quick ratio of 1.24.

Synchrony Financial (NYSE:SYF) last posted its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $2.27 EPS for the quarter, beating analysts’ consensus estimates of $2.14 by $0.13. The business had revenue of $3.70 billion during the quarter, compared to analysts’ expectations of $3.81 billion. Synchrony Financial had a return on equity of 23.41% and a net margin of 15.80%.The business’s revenue was down 7.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.89 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. On average, analysts anticipate that Synchrony Financial will post 9.29 EPS for the current fiscal year.

Synchrony Financial declared that its Board of Directors has approved a share repurchase plan on Tuesday, April 21st that permits the company to buyback $0.00 in shares. This buyback authorization permits the financial services provider to buy shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

Synchrony Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Tuesday, May 5th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Tuesday, May 5th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.6%. Synchrony Financial’s dividend payout ratio is presently 12.41%.

About Synchrony Financial

Synchrony Financial (NYSE: SYF) is a consumer financial services company that specializes in providing point-of-sale financing and private-label, co-branded and branded credit card programs. The company serves as a payments and lending partner to retailers, digital merchants and service providers, offering consumer financing solutions designed to drive customer engagement and sales. Synchrony also operates a direct bank that offers deposit products, including savings accounts and certificates of deposit, which support its funding and customer-facing product suite.

Its core product set includes private-label and co-branded credit cards, general-purpose credit cards, installment loan programs and promotional financing options that are integrated into merchants’ checkout experiences.