BTIG Research Reiterates Buy Rating for Synchrony Financial (NYSE:SYF)

Synchrony Financial (NYSE:SYF)‘s stock had its “buy” rating reiterated by equities researchers at BTIG Research in a research note issued on Wednesday,Benzinga reports. They presently have a $96.00 target price on the financial services provider’s stock. BTIG Research’s target price would suggest a potential upside of 47.83% from the company’s current price.

Other equities research analysts have also recently issued research reports about the company. TD Cowen increased their price objective on Synchrony Financial from $91.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday, January 8th. JPMorgan Chase & Co. decreased their target price on Synchrony Financial from $86.00 to $84.00 and set a “neutral” rating for the company in a report on Wednesday, January 28th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Synchrony Financial in a research note on Wednesday, January 21st. Compass Point raised shares of Synchrony Financial from a “neutral” rating to a “buy” rating and set a $96.00 target price on the stock in a research note on Wednesday, January 28th. Finally, Wolfe Research began coverage on shares of Synchrony Financial in a research note on Monday, December 8th. They issued an “outperform” rating and a $92.00 price target for the company. One investment 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. According to MarketBeat.com, Synchrony Financial currently has a consensus rating of “Moderate Buy” and an average target price of $87.11.

Synchrony Financial Trading Down 0.8%

NYSE:SYF traded down $0.52 during midday trading on Wednesday, reaching $64.94. 1,970,133 shares of the stock traded hands, compared to its average volume of 4,929,650. The stock has a market capitalization of $22.57 billion, a P/E ratio of 6.97, a PEG ratio of 0.59 and a beta of 1.42. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.24 and a current ratio of 1.24. The company has a fifty day moving average of $75.33 and a 200 day moving average of $75.82. Synchrony Financial has a 12 month low of $40.54 and a 12 month high of $88.77.

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

Insider Buying and Selling

In related news, insider Curtis Howse sold 52,556 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $72.32, for a total transaction of $3,800,849.92. Following the sale, the insider owned 94,196 shares of the company’s stock, valued at $6,812,254.72. The trade was a 35.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Alberto Casellas sold 14,399 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $67.71, for a total transaction of $974,956.29. Following the transaction, the insider directly owned 50,331 shares of the company’s stock, valued at $3,407,912.01. This represents a 22.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 379,928 shares of company stock worth $26,170,764 over the last 90 days. Corporate insiders own 0.32% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in SYF. Advisors Asset Management Inc. bought a new stake in Synchrony Financial in the fourth quarter worth $29,000. Fideuram Asset Management Ireland dac purchased a new stake in Synchrony Financial during the 4th quarter valued at about $29,000. Westside Investment Management Inc. increased its stake in Synchrony Financial by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 358 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 179 shares in the last quarter. FWL Investment Management LLC bought a new stake in Synchrony Financial during the 3rd quarter valued at about $26,000. Finally, Reflection Asset Management bought a new position in shares of Synchrony Financial in the fourth quarter worth approximately $31,000. 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.