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Tuesday, December 5, 2023

The Street Is Finally Waking Up To Synchrony Financial (NYSE: SYF)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Synchrony Financial (SYF) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.04, or 0.14%, to $28.01. The Synchrony Financial has recorded 84,153 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Synchrony and GreatWater 360 Auto Care Partner on New Financing Program.

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Stocks Info

Synchrony Financial is listed on the NYSE as a member of the Financial sector and is a part of the Credit Services industry. At the end of the last regular session, the stock closed at $27.97 and fluctuated between $28.35 as its day high and $27.68 as its day low. The current market capitalization of Synchrony Financial is $11.57B. A total of 4.14 million shares were traded on the day, compared to an average of 3.78M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, SYF has seen 28 BUY and 1 SELL insider trades, representing the acquisition of 18,432 and the disposition of 15,015 shares. Over the last 12 months, there were 139 BUYs and 52 SELLs from insiders. Insiders purchased 1,175,817 shares during that period but sold 842,040.

In the most recent transaction, MELITO DAVID P sold 15,015 shares of SYF for 35.00 per share on Aug 09. After the transaction, the insider now owns 13,960 company shares. In a previous transaction on Aug 01, DOUBLES BRIAN D sold 36,610 shares at 34.50 per share. SYF shares that the insider owns now total 565,240.

Among the insiders who sold shares, Schaller Bart disposed of 11,071 shares on Mar 03 at a per-share price of $36.25. This resulted in the insider holding 71,664 shares of SYF after the transaction. In another insider transaction, Juel Carol sold 4,490 shares at $36.16 per share on Mar 03. Company shares held by the insider now total 74,443.


It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Synchrony Financial pays an annual dividend of $0.96, resulting in a dividend yield of 3.43%, and it has a price to earnings (P/E) ratio of 5.17. SYF’s most recent ex-dividend date was 10/31/2023 when it declared a $0.25 quarterly dividend that was paid in cash on 11/9/2023. Previously, the company paid the dividend on 8/10/2023 with an ex-dividend date of 7/28/2023. The SYF stock dividend was $0.25 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for SYF in the last 3 months, the mean price target is $35.30 with high estimates of $54.00 and low estimates of $27.00. In terms of 52-week highs and lows, SYF has a high of $40.88 and a low of $26.59.

As of this writing, SYF has an earnings estimate of $1.43 per share for the current quarter. EPS was calculated based on a consensus of 18 estimates, with a high estimate of $1.56 per share and a lower estimate of $1.3. The company reported an EPS of $1.35 in the last quarter, which was -7.50% lower than expectations of $1.46.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. Its Book Value Per Share was $31.50, while its Total Shareholder’s Equity was $13.65B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SYF is Buy with a score of 3.60.

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