Synchrony Financial (NYSE:SYF) is scheduled to post its Q316 quarterly earnings results on Friday, October 21st. Analysts expect Synchrony Financial to post earnings of $0.69 per share and revenue of $2.88 billion for the quarter.

Synchrony Financial (NYSE:SYF) last released its quarterly earnings results on Friday, July 22nd. The company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.54 by $0.04. Synchrony Financial had a return on equity of 16.97% and a net margin of 15.63%. During the same quarter last year, the company earned $0.65 earnings per share. On average, analysts expect Synchrony Financial to post $2.63 EPS for the current fiscal year and $2.99 EPS for the next fiscal year.

Earnings History for Synchrony Financial (NYSE:SYF)

Synchrony Financial (NYSE:SYF) opened at 26.64 on Wednesday. The stock’s 50 day moving average price is $27.19 and its 200 day moving average price is $28.16. The stock has a market capitalization of $22.22 billion, a price-to-earnings ratio of 10.17 and a beta of 0.92. Synchrony Financial has a 52-week low of $23.25 and a 52-week high of $34.60.

Several large investors have recently added to or reduced their stakes in SYF. Argent Trust Co boosted its stake in shares of Synchrony Financial by 34.2% in the second quarter. Argent Trust Co now owns 13,351 shares of the company’s stock worth $338,000 after buying an additional 3,403 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of Synchrony Financial by 3.7% in the second quarter. American Century Companies Inc. now owns 2,050,078 shares of the company’s stock worth $51,826,000 after buying an additional 73,880 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of Synchrony Financial by 17.9% in the second quarter. Janney Montgomery Scott LLC now owns 10,000 shares of the company’s stock worth $304,000 after buying an additional 1,518 shares in the last quarter. AXA boosted its stake in shares of Synchrony Financial by 47.1% in the second quarter. AXA now owns 567,500 shares of the company’s stock worth $14,346,000 after buying an additional 181,700 shares in the last quarter. Finally, GAM Holding AG boosted its stake in shares of Synchrony Financial by 76.6% in the second quarter. GAM Holding AG now owns 108,801 shares of the company’s stock worth $2,750,000 after buying an additional 47,180 shares in the last quarter. Institutional investors own 87.94% of the company’s stock.

A number of research firms have recently issued reports on SYF. Nomura reiterated a “buy” rating on shares of Synchrony Financial in a research report on Saturday, July 9th. JMP Securities reiterated a “buy” rating on shares of Synchrony Financial in a research report on Saturday, July 9th. Deutsche Bank AG reiterated a “buy” rating on shares of Synchrony Financial in a research report on Saturday, July 9th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Synchrony Financial in a research report on Saturday, July 9th. Finally, Bank of America Corp. reiterated a “neutral” rating and set a $30.00 price target (up from $28.00) on shares of Synchrony Financial in a research report on Tuesday, July 26th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $39.87.

Synchrony Financial Company Profile

Synchrony Financial is a consumer financial services company. The Company provides a range of credit products through programs it has established with a group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers. The Company’s revenue activities are managed through three sales platforms: Retail Card, Payment Solutions and CareCredit.

5 Day Chart for NYSE:SYF

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