The Question Is Whether To Buy Or Not To Buy 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. The stock was recently discussed on Yahoo Finance as it revealed that Synchrony Dives for a Good Cause.

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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 $41.30 and fluctuated between $41.33 as its day high and $40.87 as its day low. The current market capitalization of Synchrony Financial is $16.80B. A total of 5.55 million shares were traded on the day, compared to an average of 4.52M 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 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 95 BUYs and 34 SELLs from insiders. Insiders purchased 489,909 shares during that period but sold 338,138.

In the most recent transaction, MELITO DAVID P sold 7,283 shares of SYF for 38.99 per share on Feb 01. After the transaction, the insider now owns 14,183 company shares. In a previous transaction on Dec 14, Juel Carol sold 5,173 shares at 38.00 per share. SYF shares that the insider owns now total 63,853.

Among the insiders who sold shares, Schaller Bart disposed of 4,644 shares on Dec 14 at a per-share price of $37.50. This resulted in the insider holding 60,266 shares of SYF after the transaction. In another insider transaction, Schaller Bart sold 11,070 shares at $36.75 per share on Dec 13. Company shares held by the insider now total 60,266.

Dividend

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 $0.98, resulting in a dividend yield of 2.37%, and it has a price to earnings (P/E) ratio of 7.97. SYF’s most recent ex-dividend date was 2/2/2024 when it declared a $0.25 quarterly dividend that was paid in cash on 2/15/2024. Previously, the company paid the dividend on 11/9/2023 with an ex-dividend date of 10/31/2023. 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 $41.81 with high estimates of $58.00 and low estimates of $30.00. In terms of 52-week highs and lows, SYF has a high of $41.24 and a low of $26.59.

As of this writing, SYF has an earnings estimate of $1.58 per share for the current quarter. EPS was calculated based on a consensus of 20 estimates, with a high estimate of $3.19 per share and a lower estimate of $0.94. The company reported an EPS of $1.48 in the last quarter, which was 3.50% higher than expectations of $1.43.

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 $32.37, 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 3.64.

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