In the last trading session, 2.81 million Synchrony Financial (NYSE:SYF) shares changed hands as the company’s beta touched 1.41. With the company’s per share price at $52.43 changed hands at $0.26 or 0.50% during last session, the market valuation stood at $19.96B. SYF’s last price was a discount, traded about -35.29% off its 52-week high of $70.93. The share price had its 52-week low at $40.54, which suggests the last value was 22.68% up since then. When we look at Synchrony Financial’s average trading volume, we note the 10-day average is 4.68 million shares, with the 3-month average coming to 5.07 million.
Analysts gave the Synchrony Financial (SYF) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.96. If we narrow down to specifics, the data shows that 1 out of 15 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 5 recommended SYF as a Hold, 9 felt it is a Buy and 0 rated the stock as Underweight. Synchrony Financial’s EPS for the current quarter is expected to be 1.63.
Synchrony Financial (NYSE:SYF) trade information
Instantly SYF was in green as seen at the end of in last trading. With action 7.97%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -19.34%, with the 5-day performance at 7.97% in the green. Looking at the short shares, we see there were 17.91 million shares sold at short interest cover period of 3.2 days.
The consensus price target for the stock as assigned by Wall Street analysts is 54, meaning bulls need an upside of 2.91% from its current market value. According to analyst projections, SYF’s forecast low is 40 with 68 as the target high. To hit the forecast high, the stock’s price needs a -29.7% plunge from its current level, while the stock would need to tank 23.71% for it to hit the projected low.
Synchrony Financial (SYF) estimates and forecasts
Year-over-year growth is forecast to reach -5.68% down from the last financial year.
Consensus estimates given by 12 financial analysts project the company’s revenue in the current quarter to hit an average of 3.71B. 12 analysts are of the opinion that Synchrony Financial’s revenue for the current quarter will be 3.85B. The company’s revenue for the corresponding quarters a year ago was 3.71B and 3.81B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 0.03%. The estimates for the next quarter sales put growth at 0.89%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 8.99%. The 2025 estimates are for Synchrony Financial earnings to increase by 16.62%, but the outlook for the next 5-year period is at 15.51% per year.
SYF Dividends
Synchrony Financial is expected to release its next quarterly earnings report on 2025-Apr-21. The 1.91% annual yield figure for the share gives it an annual dividend of 1.00. It is important to note, however, that the 1.91% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 2.52 per year.
Synchrony Financial (NYSE:SYF)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.29% of Synchrony Financial shares while 102.32% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 102.61%. There are 102.32% institutions holding the Synchrony Financial stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 12.5888% of the shares, roughly 50.27 million SYF shares worth $2.37 billion.
CAPITAL WORLD INVESTORS holds the second largest percentage of outstanding shares, with 10.9248% or 43.62 million shares worth $2.06 billion as of 2024-06-30.
