12 stories mentioning SYF
Every FINWIRES story that references SYF, newest first.
Synchrony Financial (SYF) has an average rating of overweight and mean price target of $89.04, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lower our 12-month target price by $24 to $79, applying a forward P/E of 7.6x our 2027 EPS estimate, below the peer average of 10.4x given SYF's lower FICO score customer base. We decrease our 2026 adjusted EPS estimate to $9.33 from $9.55 and reduce 2027's to $10.46 from $10.70. We lower our outlook due to concerns about credit quality, as real wage growth has turned negative. While SYF has delivered strong recent performance, with net charge-offs declining Y/Y for four consecutive quarters, we believe this trend may now reverse given SYF's exposure to middle-income consumers and inflation reaching three-year highs. However, two factors provide some offset. First, SYF's retailer share agreements are structured to adjust based on credit performance, meaning the company's costs should decline if credit quality worsens, providing a natural hedge. Second, the recently recaptured Walmart partnership remains a compelling long-term growth driver, and we expect it to become one of SYF's top partnerships.
Financial stocks were advancing in late Wednesday afternoon trading, with the NYSE Financial Index rising 1.5% and the State Street Financial Select Sector SPDR ETF (XLF) adding 0.6%.The Philadelphia Housing Index was climbing 2.1%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 1.6%.Bitcoin (BTC-USD) was increasing 0.5% to $81,294, and the yield for 10-year US Treasuries declined 6 basis points to 4.356%.In economic news, employment in the US private sector grew at its fastest pace in more than a year in April, ADP data showed Wednesday, ahead of nonfarm payrolls due later in the week. Private jobs grew by 109,000, representing the fastest growth pace since January 2025, the payrolls processing firm said. The consensus was for 120,000 in a Bloomberg-compiled survey. The March print was revised down to 61,000 from 62,000.In corporate news, JPMorgan Chase (JPM) said it has created an index tracking about 6,400 private US midsize companies with a combined $1 trillion in annual revenue. JPMorgan added 2%.Synchrony Financial (SYF) and Dick's Sporting Goods (DKS) said Wednesday they are relaunching their credit card program. Synchrony shares rose 1.6%.Andersen (ANDG) said Wednesday it has closed the acquisition of six firms in Ireland, New Zealand, Nigeria, and Uruguay, representing about $34.5 million in annualized revenues. Andersen shares increased 1%.Blue Owl Capital-owned (OWL) data center firm Stack Infrastructure is considering a sale of its Asia operations, among other options, Bloomberg reported. The firm has held talks with prospective advisers regarding a partial or 100% sale of the assets in Japan, Australia and Malaysia, the report said. Blue Owl Capital shares were down 3.5%.
Financial stocks were advancing in Wednesday afternoon trading, with the NYSE Financial Index rising 1.3% and the State Street Financial Select Sector SPDR ETF (XLF) adding 0.5%.The Philadelphia Housing Index was climbing 1.9%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 1.5%.Bitcoin (BTC-USD) was increasing 0.7% to $81,508, and the yield for 10-year US Treasuries was shedding 6.2 basis points to 4.35%.In economic news, employment in the US private sector grew at its fastest pace in more than a year in April, ADP data showed Wednesday, ahead of nonfarm payrolls due later in the week. Private jobs grew by 109,000, representing the fastest growth pace since January 2025, the payrolls processing firm said. The consensus was for 120,000 in a Bloomberg-compiled survey. The March print was revised down to 61,000 from 62,000.In corporate news, JPMorgan Chase (JPM) said it has created an index tracking about 6,400 private US midsize companies with a combined $1 trillion in annual revenue. JPMorgan added 1.6%.Synchrony Financial (SYF) and Dick's Sporting Goods (DKS) said Wednesday they are relaunching their credit card program. Synchrony shares rose 1.2%.Andersen (ANDG) said Wednesday it has closed the acquisition of six firms in Ireland, New Zealand, Nigeria, and Uruguay, representing about $34.5 million in annualized revenues. Andersen shares increased 1.2%.
Financial stocks were advancing in Wednesday afternoon trading, with the NYSE Financial Index rising 1.3% and the State Street Financial Select Sector SPDR ETF (XLF) adding 0.5%.The Philadelphia Housing Index was climbing 1.9%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 1.5%.Bitcoin (BTC-USD) was increasing 0.7% to $81,508, and the yield for 10-year US Treasuries was shedding 6.2 basis points to 4.35%.In corporate news, Synchrony Financial (SYF) and Dick's Sporting Goods (DKS) said Wednesday they are relaunching their credit card program. Synchrony shares rose 1.2%.
Synchrony Financial (SYF) and Dick's Sporting Goods (DKS) said Wednesday the companies collaborated to relaunch their credit card program.The program, which features an everyday 10% back in rewards on qualifying purchases at Dick's Sporting Goods, continues to have the private label Dick's credit card as well as Dick's Mastercard for athletes, both of which remain integrated with the ScoreCard loyalty program, according to a statement.For, existing cardholders, their accounts and ScoreCard rewards balances will automatically carry over, the company said.Price: $75.16, Change: $+1.38, Percent Change: +1.87%
Synchrony Financial (SYF) has an average rating of overweight and mean price target of $89.41, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $75.29, Change: $-0.96, Percent Change: -1.26%
Synchrony Financial (SYF) has an average rating of overweight and mean price target of $89, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $76.93, Change: $+0.31, Percent Change: +0.40%
Synchrony Financial (SYF) has an average rating of overweight and mean price target of $87.09, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We raise our 12-month target price by $7 to $103, applying a forward P/E of 9.6x our 2027 EPS estimate, below the peer average of 10.4x given SYF's lower FICO score customer base. We decrease our 2026 adjusted EPS estimate to $9.55 from $9.57 and increase 2027's to $10.70 from $10.58. Despite recovering from March lows, shares remain down 8% YTD, creating an attractive entry point for a stock we believe should be positive for the year. SYF's fundamentals are improving across all key metrics: credit quality is strengthening, purchase volume growth is accelerating, and loans have returned to growth for the first time in five quarters. The active account base is most encouraging, as it appears poised to grow in 2026 after declining throughout 2025. Given that the share price has not yet reflected this improved financial position, we view management's aggressive capital return strategy favorably. The company has reduced shares outstanding by 11.5% Y/Y and raised its quarterly dividend by 13% to $0.34 per share.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Synchrony Financial (SYF) reported solid Q1 2026 results with GAAP EPS of $2.27 vs. $1.89 in the prior year, beating consensus by $0.07. Credit quality continued to improve, with net charge-offs falling 96 bps Y/Y to 5.42% for the fourth consecutive quarter, while provisions declined to $1.3B from $1.5B a year ago. Purchase volume growth accelerated to 6% Y/Y reaching $43.0B, the strongest growth in recent quarters with broad-based improvement across digital, diversified, and lifestyle platforms. Management reduced 2026 net charge-off guidance to under 5.5% from prior 5.5%-6.0% range, reflecting continued credit improvement. Net interest margin expanded 76 bps Y/Y to 15.50%, though it contracted 43 bps sequentially, suggesting future margin expansion may prove challenging as deposit competition intensifies. SYF returned $1.0B to shareholders via $900M in buybacks and $104M in dividends, with the board approving a new $6.5B repurchase program and a 13% dividend increase to $0.34 per share beginning in Q3 2026.
US consumer finance companies likely faced seasonal headwinds on loans in the first quarter, but growth is expected to pick up through the rest of the year, RBC Capital Markets said in a note on Friday.Data through February indicate an expected seasonal decline in loan balances, with slight improvement in year-over-year growth, Jon Arfstrom, associate director of US research at RBC, wrote."Although we see very limited direct impacts from recent macro volatility, we remain mindful of the risks of sustained higher energy prices on consumers," Arfstrom wrote. "Solid delinquency trends are driving stable to lower loss expectations, with support from a resilient consumer and tighter underwriting in prior periods."Arfstrom sees loan balance growth accelerating from here on out.US consumer inflation reached its highest monthly reading in nearly four years in March as the Middle East conflict sent energy prices sharply higher. Earlier in the week, the US and Iran agreed to a two-week ceasefire, pausing a war that had spread across the Middle East and curtailed shipments through the crucial Strait of Hormuz."We will look for confirmation that despite recent macro concerns, the medium-term revenue expectations are consistent," according to the RBC note.The brokerage lowered its price targets on American Express (AXP), Capital One Financial (COF) and SLM (SLM), to $415, $235 and $28, respectively. The price target on Bread Financial Holdings (BFH) moved to $90 from $83.RBC continues to recommend American Express for its premium consumer base and strong revenue growth expectations, while also favoring Ally Financial (ALLY). The brokerage highlighted stable to improving credit trends at Synchrony Financial (SYF) and Bread Financial."Our coverage universe has been impacted by market volatility, with a more challenging start to 2026," Arfstrom said. "That being said, we see our universe as well positioned to deliver improving growth and healthy credit. Assuming some stability in the broader macro sentiment, we expect solid earnings growth and decent stock price performance in 2026."Price: $79.11, Change: $-0.64, Percent Change: -0.81%