Synchrony Financial (SYF) experienced a minor decrease in price by 66 cents, representing a change of -0.86%. The current price stands at $76.09 with a trading volume of $935,488, which is 21.39% higher than the average.
In the latest quarter, SYF reported earnings on April 20th with a consensus estimate EPS of 2.19. The company's revenue and profit margin details are pending.
SYF offers a forward dividend yield of 1.58%, with a dividend per share of 30 cents MRQ. Year-over-year, the dividend per share decreased by 15 cents, totaling $1.2 TTM.
Morgan Stanley issued a negative grade for SYF on April 21, with a 'hold' recommendation, as the price was at $77.59 when the grade was published.
SYF's cash flow indicates a net change of $5.59 billion, with $2.18 billion in free cash flow. Notably, the company repurchased $900 million in common stock.
The company reported a revenue of $5.60 billion, generating a gross profit of $4.63 billion. SYF achieved a net income of $805 million, resulting in an EPS of $2.29.
Key ratios for SYF show a gross profit margin of 82.72%, net profit margin of 14.37%, and a price-to-earnings ratio of 7.23.
SYF's balance sheet highlights total assets of $121.50 billion, with a net debt of -$4.13 billion and total liabilities of $105 billion.
This comprehensive overview provides insights into SYF's financial performance, reflecting the current market conditions.
Synchrony Financial, together with its subsidiaries, operates as a consumer financial services company in the United States. It provides credit products, such as credit cards, commercial credit products, and consumer installment loans. The company also offers private label credit cards, dual cards, co-brand and general purpose credit cards, short- and long-term installment loans, and consumer banking products; and deposit products, including certificates of deposit, individual retirement accounts, money market accounts, and savings accounts to retail and commercial customers, as well as accepts deposits through third-party securities brokerage firms. In addition, it provides debt cancellation products to its credit card customers through online, mobile, and direct mail; healthcare payments and financing solutions under the CareCredit, Pets Best, and Walgreens brands; payments and financing solutions in the apparel, specialty retail, outdoor, music, and luxury industries; and point-of-sale consumer financing for audiology products and dental services. The company offers its credit products through programs established with a group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations, and healthcare service providers; and deposit products through various channels, such as digital and print. It serves digital, health and wellness, retail, home, auto, powersports, jewelry, pets, and other industries. Synchrony Financial was founded in 1932 and is headquartered in Stamford, Connecticut.