Synchrony Financial (NYSE:SYF) Announces Quarterly Earnings Results, Beats Estimates By $0.46 EPS

Synchrony Financial (NYSE:SYF) released its quarterly earnings data on Tuesday. The financial services provider reported $2.59 EPS for the quarter, beating the consensus estimate of $2.13 by $0.46, Briefing.com reports. Synchrony Financial had a net margin of 15.80% and a return on equity of 23.41%. During the same quarter in the prior year, the firm posted $2.50 earnings per share. Synchrony Financial updated its FY 2026 guidance to 9.250-9.500 EPS.

Synchrony Financial Stock Down 0.2%

Shares of SYF opened at $73.48 on Tuesday. Synchrony Financial has a 52 week low of $63.08 and a 52 week high of $88.77. The company has a market capitalization of $24.72 billion, a price-to-earnings ratio of 7.60, a PEG ratio of 0.69 and a beta of 1.32. The stock’s 50-day moving average price is $73.17 and its 200-day moving average price is $73.30. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 1.08.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on SYF. UBS Group boosted their price objective on Synchrony Financial from $77.00 to $84.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 7th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Synchrony Financial in a research report on Friday. HSBC lifted their target price on Synchrony Financial from $93.00 to $97.00 and gave the company a “buy” rating in a research report on Monday, July 13th. JPMorgan Chase & Co. cut their target price on shares of Synchrony Financial from $81.00 to $78.00 and set a “neutral” rating on the stock in a research report on Monday, July 13th. Finally, Robert W. Baird raised their price objective on Synchrony Financial from $83.00 to $86.00 and gave the company an “outperform” rating in a research report on Wednesday, April 22nd. Twelve research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Synchrony Financial presently has an average rating of “Moderate Buy” and a consensus price target of $87.32.

Insider Transactions at Synchrony Financial

In related news, insider Jonathan S. Mothner sold 51,258 shares of the company’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $71.23, for a total value of $3,651,107.34. Following the completion of the transaction, the insider owned 132,664 shares of the company’s stock, valued at approximately $9,449,656.72. This represents a 27.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.36% of the company’s stock.

Hedge Funds Weigh In On Synchrony Financial

Hedge funds and other institutional investors have recently modified their holdings of the business. Compound Planning Inc. boosted its holdings in Synchrony Financial by 15.1% in the fourth quarter. Compound Planning Inc. now owns 9,907 shares of the financial services provider’s stock valued at $827,000 after purchasing an additional 1,298 shares during the period. Invesco Ltd. lifted its position in shares of Synchrony Financial by 10.4% during the 4th quarter. Invesco Ltd. now owns 5,490,921 shares of the financial services provider’s stock worth $458,108,000 after purchasing an additional 517,781 shares during the last quarter. Corient Private Wealth LLC raised its stake in Synchrony Financial by 147.9% in the fourth quarter. Corient Private Wealth LLC now owns 169,428 shares of the financial services provider’s stock valued at $14,135,000 after buying an additional 101,092 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in shares of Synchrony Financial by 2.9% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 664,789 shares of the financial services provider’s stock valued at $55,463,000 after acquiring an additional 18,890 shares during the last quarter. Finally, Beacon Pointe Advisors LLC acquired a new stake in shares of Synchrony Financial during the 4th quarter worth about $249,000. 96.48% of the stock is owned by hedge funds and other institutional investors.

Synchrony Financial declared that its board has authorized a share buyback plan on Tuesday, April 21st that authorizes the company to buyback $0.00 in shares. This buyback authorization authorizes the financial services provider to buy shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board believes its stock is undervalued.

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.