SYF - Synchrony Financial
| Previous Close | 33.55 |
| Open | 33.51 |
| Bid | 33.40 x 800 |
| Ask | 34.00 x 2900 |
| Day's Range | 33.22 - 33.59 |
| 52 Week Range | 21.77 - 36.32 |
| Volume | 3,955,977 |
| Avg. Volume | 8,305,108 |
| Market Cap | 23.047B |
| Beta (3Y Monthly) | 1.67 |
| PE Ratio (TTM) | 7.51 |
| EPS (TTM) | 4.46 |
| Earnings Date | Apr 18, 2019 - Apr 22, 2019 |
| Forward Dividend & Yield | 0.84 (2.58%) |
| Ex-Dividend Date | 2019-02-01 |
| 1y Target Est | 37.44 |
- American City Business Journals•2 days ago
Venmo in talks with Synchrony to offer credit card
Online payment-sharing company Venmo is in talks to select Synchrony Financial to issue its first-ever credit card, according to a report. The Wall Street Journal reported that Venmo, owned by PayPal Holdings Inc. (Nasdaq: PYPL), will pick Connecticut-based Synchrony (NYSE: SYF) to issue a Venmo-branded credit card sometime this year. Venmo allows users to split the cost of transactions, such as at a restaurant or at the movies, and also allows users to transfer money to banks.
- Thomson Reuters StreetEvents•2 days ago
Edited Transcript of SYF earnings conference call or presentation 18-Apr-19 12:30pm GMT
Q1 2019 Synchrony Financial Earnings Call
- Zacks•6 days ago
Synchrony Financial (SYF) Q1 Earnings Top Estimates, Up Y/Y
Synchrony Financial's (SYF) first-quarter results benefit from a strong uptick in net interest income and the PayPal Credit program transaction.
- Zacks•6 days ago
Synchrony (SYF) Beats Q1 Earnings Estimates
Synchrony (SYF) delivered earnings and revenue surprises of 13.64% and -1.58%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
- Associated Press•6 days ago
Synchrony: 1Q Earnings Snapshot
The Stamford, Connecticut-based company said it had net income of $1.56 per share. Earnings, adjusted for non-recurring gains, were $1 per share. The results surpassed Wall Street expectations. The average ...
- PR Newswire•6 days ago
Synchrony Financial Reports First Quarter Net Earnings of $1.1 Billion or $1.56 Per Diluted Share
Includes Benefit from Walmart Portfolio Reserve Release of $0.56 Per Diluted Share STAMFORD, Conn. , April 18, 2019 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) today announced first quarter 2019 net ...
- Zacks•7 days ago
Why Synchrony (SYF) Might Surprise This Earnings Season
Synchrony (SYF) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- PR Newswire•7 days ago
Payfone Raises $24 Million; Announces Strategic Partnership with TransUnion to Add Security, Convenience, and Privacy to Digital Experiences Around the Globe
NEW YORK , April 17, 2019 /PRNewswire/ -- Payfone , an award-winning digital identity authentication leader, today announced the closing of a $24 million funding round led by TransUnion (NYSE: TRU), a ...
- Zacks•8 days ago
What's in Store for American Express (AXP) in Q1 Earnings?
American Express' (AXP) Q1 earnings likely to gain from higher revenues, partly offset by increased expenses.
- Zacks•9 days ago
Is a Beat in the Cards for Synchrony Financial Q1 Earnings?
Synchrony Financial's (SYF) first-quarter earnings are likely to grow on the back of higher purchase volume and CareCredit platform.
- PR Newswire•9 days ago
Synchrony Partners with American Forests for Earth Day to Help Customers Move to Digital Credit Card Statements
STAMFORD, Conn., April 15, 2019 /PRNewswire/ -- Ahead of Earth Day, Synchrony (SYF), a premier consumer financial services company, today announced a new 'Go Paperless' campaign in partnership with American Forests. For the first 100,000 customers who enroll in paperless billing beginning Monday, April 22nd through July 21, 2019, Synchrony will donate $1 for each Synchrony customer. Every dollar donated plants one new tree with American Forests.
- Motley Fool•10 days ago
3 Best-Performing Warren Buffett Stocks So Far in 2019: Are They Buys Now?
Hint: Berkshire Hathaway isn't one of them.
- Zacks•13 days ago
Synchrony (SYF) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Synchrony (SYF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Yahoo Finance•17 days agoThe top 10 US IPOs in the last decade and how their stock performed
2019 is poised to be a hot year for IPOs, but looking back on the past decade, these are the top 10 U.S. IPOs based on valuation at the time of debut.
- Simply Wall St.•19 days ago
Does Synchrony Financial (NYSE:SYF) Have A Good P/E Ratio?
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll look at S...
- Zacks•21 days ago
Will Synchrony (SYF) Beat Estimates Again in Its Next Earnings Report?
Synchrony (SYF) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- Zacks•23 days ago
Synchrony Financial Extends Tie-Up With P.C. Richard & Son
Synchrony Financial (SYF) expands its unique multi-year consumer financing program for P.C. Richard & Son.
- Insider Monkey•24 days ago
Were Hedge Funds Right About Flocking Into Synchrony Financial (SYF)?
Hedge funds are known to underperform the bull markets but that's not because they are bad at investing. Truth be told, most hedge fund managers and other smaller players within this industry are very smart and skilled investors. Of course, they may also make wrong bets in some instances, but no one knows what the […]
- PR Newswire•27 days ago
Synchrony and P.C. Richard & Son Extend Strategic Financial Services Partnership
Multi-year credit and marketing agreement extends 33-year relationship STAMFORD, Conn. , March 28, 2019 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, today announced ...
- Investopedia•27 days ago
10 Stocks That Can Outperform Even as Corporate Costs Spiral
Rising labor costs are exerting downward pressure on corporate profit margins, but these stocks are well-positioned to meet the challenge.
- Zacks•27 days ago
Top Analyst Reports for Facebook, American Tower & Southern Company
Top Analyst Reports for Facebook, American Tower & Southern Company
- Zacks•29 days ago
Looking to Buy the Dips? 5 ETF & Stock Picks
The dips might charge up investors to snap up stocks and cheap ETFs for outsized gains in the coming weeks.
- Barrons.com•last month
Dividend Stocks Get Some Help From Lower Bond Yields, For Now
Interest rates are likely staying in a trading range in the short-term, and that is good news for dividend stocks.
- PR Newswire•last month
Synchrony to Announce First Quarter 2019 Financial Results on April 18, 2019
STAMFORD, Conn. , March 21, 2019 /PRNewswire/ -- Synchrony (NYSE: SYF) plans to report its first quarter 2019 results before the market opens on Thursday, April 18, 2019 . The earnings release and presentation ...
- InvestorPlace•last month
This Rally in General Electric Stock Isn’t Totally Irrational
Everywhere you turn, the fundamental prospects for General Electric (NYSE:GE) remains shrouded in doubt. As new CEO Larry Culp highlighted recently, the embattled organization is currently embarking on a "reset" year. By 2020, investors should see substantive improvements, which naturally bolster the case for General Electric stock.Source: Shutterstock Of course, we have one glaring problem with this forecast. After years of dreadful market performances, the industrial giant simply lacks credibility.Sure, the GE stock price has gained over 42% since the January opener. Under normal circumstances, this would spark much celebration. But try telling that to stakeholders that bought months earlier.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFurthermore, in 2018, General Electric stock dropped an alarming 56%. To break even, shares would need to jump an additional 61%. That's really where the speculative argument wears thin for most prospective buyers. GE intrigued swing-traders during last December's rock-bottom valuations, but not so much at present levels. * Top 7 Service Sector Stocks That Will Pay You to Own Them Poor Fundamentals and GE StockFor many years, analysts and stakeholders blasted former CEO Jeff Immelt for destroying a once-iconic American institution. You don't have to deep-dive the Google search engine to find a litany of criticisms.But I must give credit to our own Dana Blankenhorn for dressing Immelt down in a blisteringly humorous way. Back in the summer of 2017, Blankenhorn warned readers that he's not interested in General Electric stock unless Immelt leaves. He wrote:Immelt's exit may be the stock's only hope. Everything he touches turns into tin, and what he lets go turns at least into silver.Take Synchrony Financial (NYSE:SYF), the credit card unit spun out to shareholders in 2014. Since then, Synchrony is up 43% and GE 13.5%.If you think that sounds good for GE, the S&P 500 is up almost 19% since then.Of course, Blankenhorn's wish came true, first with John Flannery's short tenure, and later with Culp. The bad news, though, is that the GE stock price has only received a negative impact. Since Culp's hiring, shares are down 12%, inclusive of this year's incredible rally.As many analysts, including our own James Brumley pointed out, Culp is an outsider. Formerly head of Danaher (NYSE:DHR), Culp is refreshingly a straight-shooter regarding GE's problems. However, his idea involves a rather predictable and unimaginative tactic: divest like there's no tomorrow.Certainly, getting rid of underperforming assets, particularly when you're neck-deep in debt, offers tremendous value. But it also sacrifices future revenue streams, which General Electric stock can't afford.Therefore, Culp can't "talk up" shares with mere straight-talk. The substance just doesn't exist, which likely limits the GE stock price. General Electric Stock Needs a Higher PowerSo with the stark bearishness against General Electric stock, am I also running for the hills? I don't blame you if that's your mentality. No matter how you look at this company, it's an extraordinarily-risky proposition. That said, I can't shake the feeling that GE has at least one shock rally left in it.First, investor sentiment has shifted very favorably for General Electric stock, but it's difficult to see. It's a shame that Culp took over when he did, right when the broader markets melted down. Personally, I view GE's volatility in the final quarter of 2018 more as a secular breakdown rather than as an individual defect.But the biggest surprise factor for GE could come from arguably its most disappointing segment, power. Last year, I wrote about the inherent inefficiencies of so-called renewable-energy sources. Although platforms like wind and solar appeal from a marketing perspective, they're not panaceas.While renewable energy "works," it is difficult to scale. If you want more energy, you need more real estate. But most countries aren't like the U.S. blessed with abundant territory. As human populations increase, space comes at a premium.You then have the inevitable question: is clean energy worth sacrificing land that could be used for additional housing? At some point, that answer becomes no. This is where the company's power division saves the day. Simply put, traditional power plants are both space and cost-effective.Of course, I've been very wrong about the direction that General Electric stock ultimately took. But if you've got the patience -- and isn't this what everyone is saying now? -- GE could legitimately surprise you.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Financial Stocks to Invest In Today * 7 Single-Digit P/E Stocks With Massive Upside * 5 Chip Stocks on the Rise Compare Brokers The post This Rally in General Electric Stock Isnat Totally Irrational appeared first on InvestorPlace.
