Synchrony Financial (NYSE:SYF) Given New $73.00 Price Target at JPMorgan Chase & Co.

Synchrony Financial (NYSE:SYF) had its price target dropped by stock analysts at JPMorgan Chase & Co. from $84.00 to $73.00 in a report issued on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the financial services provider’s stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 0.77% from the company’s current price.

SYF has been the topic of a number of other reports. Truist Financial cut their target price on Synchrony Financial from $84.00 to $71.00 and set a “hold” rating on the stock in a report on Monday, March 23rd. TD Cowen increased their target price on Synchrony Financial from $91.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday, January 8th. Compass Point upgraded Synchrony Financial from a “neutral” rating to a “buy” rating and set a $96.00 target price on the stock in a report on Wednesday, January 28th. Robert W. Baird upgraded Synchrony Financial from a “neutral” rating to an “outperform” rating and set a $83.00 target price on the stock in a report on Friday, February 13th. Finally, Keefe, Bruyette & Woods increased their target price on Synchrony Financial from $95.00 to $98.00 and gave the stock an “outperform” rating in a report on Friday, January 2nd. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Synchrony Financial currently has a consensus rating of “Moderate Buy” and an average target price of $85.00.

Synchrony Financial Trading Up 0.7%

Shares of Synchrony Financial stock traded up $0.48 on Thursday, reaching $72.45. 1,274,273 shares of the company’s stock were exchanged, compared to its average volume of 4,579,439. The company has a market capitalization of $25.18 billion, a P/E ratio of 7.80, a price-to-earnings-growth ratio of 0.60 and a beta of 1.39. Synchrony Financial has a 52 week low of $44.43 and a 52 week high of $88.77. The firm’s 50-day moving average is $69.48 and its two-hundred day moving average is $74.50. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.24 and a current ratio of 1.24.

Synchrony Financial (NYSE:SYF) last issued its earnings results on Tuesday, January 27th. The financial services provider reported $2.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.02 by $0.16. Synchrony Financial had a return on equity of 23.07% and a net margin of 15.72%.The company had revenue of $3.79 billion for the quarter, compared to analysts’ expectations of $3.84 billion. During the same period last year, the business earned $1.91 EPS. Synchrony Financial’s quarterly revenue was down .2% compared to the same quarter last year. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. Sell-side analysts predict that Synchrony Financial will post 7.67 EPS for the current fiscal year.

Insider Buying and Selling at Synchrony Financial

In other news, insider Curtis Howse sold 52,556 shares of the firm’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $72.32, for a total transaction of $3,800,849.92. Following the completion of the sale, the insider directly owned 94,196 shares of the company’s stock, valued at $6,812,254.72. This trade represents a 35.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Bart Schaller sold 12,980 shares of the firm’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $67.71, for a total value of $878,875.80. Following the sale, the insider directly owned 34,035 shares of the company’s stock, valued at approximately $2,304,509.85. This represents a 27.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 379,928 shares of company stock worth $26,170,764. 0.32% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Synchrony Financial

Several large investors have recently added to or reduced their stakes in SYF. Westside Investment Management Inc. increased its holdings in Synchrony Financial by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 358 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 179 shares during the last quarter. FWL Investment Management LLC purchased a new stake in Synchrony Financial in the 3rd quarter worth about $26,000. Salomon & Ludwin LLC increased its holdings in Synchrony Financial by 54.9% in the 3rd quarter. Salomon & Ludwin LLC now owns 412 shares of the financial services provider’s stock worth $29,000 after acquiring an additional 146 shares during the last quarter. Fideuram Asset Management Ireland dac purchased a new stake in Synchrony Financial in the 4th quarter worth about $29,000. Finally, Advisors Asset Management Inc. purchased a new stake in Synchrony Financial in the 4th quarter worth about $29,000. Hedge funds and other institutional investors own 96.48% of the company’s stock.

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.