Synchrony Financial (SYF) Expected to Announce Earnings on Tuesday

Synchrony Financial (NYSE:SYF) will likely be releasing its earnings data before the market opens on Tuesday, April 22nd. Analysts expect Synchrony Financial to post earnings of $1.66 per share and revenue of $3.80 billion for the quarter. Synchrony Financial has set its FY 2025 guidance at EPS.Parties that wish to register for the company’s conference call can do so using this link.

Synchrony Financial (NYSE:SYF) last issued its quarterly earnings results on Tuesday, January 28th. The financial services provider reported $1.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.02. Synchrony Financial had a net margin of 15.36% and a return on equity of 18.30%. On average, analysts expect Synchrony Financial to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Synchrony Financial Price Performance

SYF opened at $47.86 on Monday. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.24 and a quick ratio of 1.24. The stock has a market capitalization of $18.61 billion, a P/E ratio of 5.60, a price-to-earnings-growth ratio of 0.71 and a beta of 1.45. The company’s 50 day simple moving average is $54.25 and its 200-day simple moving average is $60.41. Synchrony Financial has a one year low of $40.55 and a one year high of $70.93.

Synchrony Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 3rd were given a $0.25 dividend. The ex-dividend date was Monday, February 3rd. This represents a $1.00 dividend on an annualized basis and a yield of 2.09%. Synchrony Financial’s payout ratio is 11.71%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on SYF. Morgan Stanley reaffirmed an “equal weight” rating and set a $44.00 price target (down previously from $82.00) on shares of Synchrony Financial in a research note on Monday, April 7th. The Goldman Sachs Group cut their target price on shares of Synchrony Financial from $82.00 to $70.00 and set a “buy” rating on the stock in a research report on Tuesday, March 18th. Barclays upgraded shares of Synchrony Financial from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $59.00 to $79.00 in a research report on Monday, January 6th. Bank of America increased their price objective on shares of Synchrony Financial from $82.00 to $85.00 and gave the company a “buy” rating in a report on Tuesday, January 28th. Finally, Wells Fargo & Company dropped their target price on shares of Synchrony Financial from $85.00 to $70.00 and set an “overweight” rating for the company in a research report on Thursday, April 3rd. Eight investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $65.11.

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.