|Bid||33.89 x 1300|
|Ask||33.90 x 800|
|Day's Range||33.84 - 34.13|
|52 Week Range||21.77 - 35.50|
|Beta (3Y Monthly)||1.57|
|PE Ratio (TTM)||7.62|
|Earnings Date||Jul 25, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||0.84 (2.44%)|
|1y Target Est||38.44|
Synchrony Financial NYSE:SYFView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for SYF with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting SYF. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding SYF are favorable, with net inflows of $7.39 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Strategic Partnership Demonstrates Continued Growth in the Powersports and Marine Industry STAMFORD, Conn. , June 14, 2019 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, ...
Riding high on its increasing revenues and growth strategies, Synchrony Financial (SYF) holds potential to generate benefits for investors.
Amazon.com (NASDAQ: AMZN) announced it would offer a credit card to those with bad credit and credit services and electronic payment firms barely noticed. Visa (NYSE: V) shares closed recently at a new high as did MasterCard (NYSE:MA). But Amazon.com's card issuer, Synchrony Financial (NYSE: SYF) fell on the news. Still, both Synchrony and Amazon stock stand to benefit from this initiative and shares for both companies will react positively as customers sign up for this credit card.Source: Shutterstock The rewards card, called Amazon Credit Builder, will target those who want to build their credit history. These include customers who either want to establish new credit or are recovering from a bad credit rating.Amazon.com is no stranger to the credit card business. Two years ago, it offered a Visa card with 5% cash back. With this new card, Prime members get the 5% back on purchases.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Dark Horse Stocks Winning the Race in 2019 Credit Builder also gives the cardholder the ability to track their credit score. The credit details are displayed on a TransUnion CreditView Dashboard at no charge. By showing score changes over time, Amazon is helping the cardholder learn how to improve the credit score. This removes the need to rely on Equifax Inc. (NYSE:EFX) and more importantly, the service has no extra costs. Prime Subscriptions and Amazon StockThe new credit offering gives customers another incentive to have an Amazon Prime subscription. But the online retailer offers bigger reasons to be a member. For the current second quarter, the company is working to turn its Prime free Two-Day Shipping into a free One-Day Shipping program.This feat is possible because of the company's back-end fulfillment and logistics network. Still, Amazon needs to invest in this area to achieve this same-day delivery goal. It plans to spend $800 million in the second quarter.So, if one day Amazon brings One-Day shipping down to one or two-hour shipping, it will have a huge advantage over retailers like Target (NYSE:TGT) or Walmart (NYSE:WMT). In the last holiday season, Target could not offer more than getting online shoppers to drive to the store to physically pick-up the order.But even though Walmart is planning to launch in-home grocery delivery in three cities this fall, the food business something Amazon will build through its Whole Foods division. For now, growing the Whole Foods business depends on developing the physical storefront experience. Prime Subscriptions GrowJust as Costco (NASDAQ:COST) enjoys high profit margins through membership fees, Amazon Prime is of strategic importance. Last year, more people signed up for Prime than any year before. The more time people spend watching videos and listening to music, the more they are likely to renew their membership year after year. Telling friends about the great service encourages more people to sign up.When Amazon Web Services brought in an astonishing $30 billion in annualized revenue, the company's credit card initiative appears insignificant at best.Yet everything counts; the operating margin grew by 320 basis points. It may re-invest the cash to fulfill infrastructure needs while finding further efficiencies. The more profitable the business becomes the better programs like Prime get. And the more incentive there is, the more likely Amazon may win customers who happen to have bad credit and need to rebuild their credit score. Price TargetAnalysts on Wall Street have an average price target that is 20% above the recent $1,860 share price. Per Tipranks, the average price target is $2,242. Supporting this price target is a 10-year DCF Growth Exit Model. If Amazon keeps growing revenue by at least 10% annually, the stock has plenty of upside for investors.Amazon's high valuations do not make much sense to the conservative investor but the market knows better. In every type of business, the online retailer enters, it re-defines the business process and eventually dominates the sector. Your TakeawayShares of Amazon stock are already up nearly 10% in the last week thanks to a rebound in the stock market. Though the growth prospects suggest the stock may run higher, investors may still want to wait for a dip in the stock before buying.Disclosure: As of this writing, the author did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Dark Horse Stocks Winning the Race in 2019 * 6 Chinese Stocks to Sell That Are Suffering From a Digital Ad Slowdown * 4 Technology Stocks Blasting Higher Compare Brokers The post Amazon Stock Is Poised to Offer Another 20% Upside appeared first on InvestorPlace.
The bulls were roaring as the week's opening bell rang, but they weren't quite in the same bullish mood at the end of the session. What was at one point almost a 1.1% gain for the S&P 500 was pared back to a less impressive 0.47% advance, leaving the recovery effort in question.Source: Allan Ajifo via Wikimedia (Modified)Advanced Micro Devices (NASDAQ:AMD) did its part to keep the broad market propped up, gaining 2.5% on news that the next generation of Xbox gaming consoles from Microsoft (NASDAQ:MSFT) would use AMD hardware.Holding the market back was United Technologies (NYSE:UTX), off more than 3% following word that it would be acquiring Raytheon (NYSE:RTN) to make a compelling aerospace and defense name, but it will also be an organization that will inherit Raytheon's pension woes.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 A-Rated Stocks to Buy Under $10 None make for great trading prospects headed into Tuesday's session, however. Rather, it's the stock charts of Norfolk Southern (NYSE:NSC), Dish Network (NASDAQ:DISH) and Synchrony Financial (NYSE:SYF) that merit the closer looks. Here's why. Norfolk Southern (NSC)In late April we cautioned that Norfolk Southern shares had served up all the telltale signs that the rally had run its course. Not only had a long-term ceiling finally been bumped into, the doji-shaped bar from April 24 suggested the transition from a net-buying to a net-selling environment had been made.The progress did end up stopping there, though selling never started. While the bears growled a couple of times, NSC has been content to just move sideways in the meantime. Given some of the red flags that have started to wave within the past couple of weeks. Click to Enlarge * The chief red flag is the way selling volume has started to swell since the later part of May. * We're also nearing a bearish MACD crossunder on the weekly chart. Those tend to be good, long-lived sell signals. * While the risk of a selloff remains, as long as Norfolk Southern remains above the recently developed support around $193.80, the possibility is a moot point. Synchrony Financial (SYF)Synchrony Financial is no stranger to major moves, both up and down. There's no rhyme or reason to its rises and falls though. Rather, when the market decides to turn it around, it does so. It does so, however, with the usual clues of a turn.It just dished out a bearish round of those clues, plus some new ones to boot. One of the bigger ones took shape just yesterday, almost cementing the budding pullback into place. One more tough day could do the trick. * 10 Stocks to Buy That Could Be Takeover Targets Click to Enlarge * The first of the clues is Monday's slide back below the purple 50-day moving average line, after a failure to move back above the blue 20-day moving average. * There's also a subtle hint in the volume trend for the past few days. Although shares rallied in the middle of last week, the buying volume faded the whole time. Now back on the way down selling volume is growing again. There are more bears than bulls out there. * Zooming out to the weekly chart it's clear how close the stock is to a bearish MACD crossunder, though the same chart also shows a transition from bullish momentum to budding bearish momentum. Dish Network (DISH)Finally, it has almost certainly got more to do with the fact that AT&T (NYSE:T) is mulling the sale of its DirecTV brand to it than with any newfound bullishness about the company. But, the way Dish Network has moved of late compared to its recent history is still technically relevant, and bullish. * A couple of weeks ago, DISH popped above resistance at $35.56, plotted in blue, and as of this week, DISH shares are above a more meaningful technical ceiling around $36.90, plotted in yellow on both stock charts. * The weekly chart not only shows how big of a deal the ceiling around $36.90 is -- it's a move to a new 52-week high -- but how much room there is to recovery the bulk of what was lost in 2017 and 2018. * It's still not a clean breakout move, however. The bulk of Monday's intraday was given back, and odds are good DISH Network will be back below $36.90 sooner or later. It's the next move back above $36.90 that should get more prolonged traction.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Dark Horse Stocks Winning the Race in 2019 * 6 Chinese Stocks to Sell That Are Suffering From a Digital Ad Slowdown * 4 Technology Stocks Blasting Higher Compare Brokers The post 3 Big Stock Charts for Tuesday: Norfolk Southern, Synchrony Financial and Dish Network appeared first on InvestorPlace.
E-commerce giant Amazon.com Inc. has partnered with Synchrony Bank to offer credit cards to shoppers with low credit scores.
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts, usually don't make them change their opinion towards a company. This time it may be different. During the fourth quarter of 2018 we observed increased volatility and small-cap stocks underperformed the […]
Margaret Keane became the CEO of Synchrony Financial (NYSE:SYF) in 1970. This report will, first, examine the CEO...
As Goldman Sachs Group Inc. works toward debuting its new credit card with Apple Inc., the rest of the card industry will be keeping an eye on the bank’s progress, said Margaret Keane, chief executive officer of Synchrony Financial, the largest provider of store credit cards. “There were a lot of us” bidding to be Apple’s partner, Keane said Friday at the Bernstein Strategic Decisions Conference in New York. The new Apple Card will offer users a cash-back rewards program, including 2% back on all Apple Pay purchases made with the card and 3% on purchases made at the Apple Store or with services like the App Store.
Moore Capital Management is an NYC-based hedge fund that was founded in 1989 by American billionaire Louis Moore Bacon. In September 2018, the fund managed around $10.2 billion in assets. The fund provides additional offices in Miami, London, and Hong Kong. Louis Moore Bacon cut his teeth at Shearson Lehman Brothers as a Trader and […]
“Retail is not the easiest space,” Chief Executive Officer Margaret Keane said in an interview. Synchrony has long counted some of the country’s biggest retailers as its partners, including TJX Cos., Gap Inc. and, yes, online giant Amazon.com Inc. Now, the credit-card issuer has set its sights on nabbing big partners outside traditional retail, such as airlines and car companies. It’s also expanding into new industries with its CareCredit arm, which offers point-of-sale financing at medical offices, veterinary clinics and day spas.
STAMFORD, Conn. , May 21, 2019 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) Chief Executive Officer, Margaret M. Keane will participate in the Bernstein Strategic Decisions Conference in New York on ...
Synchrony (SYF) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
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Synchrony Financial announced before the opening bell Thursday that it will increase its quarterly dividend by a penny, following dividend increases by Phillips 66 and Baxter International.
Synchrony Financial said Thursday it is raising its quarterly cash dividend to 22 cents a share from 21 cents in the third quarter. The company said its board has approved a $4 billion share buyback program. Shares were slightly lower premarket, but have gained 0.3% in the last 12 months, while the S&P 500 has gained 6.7%.
STAMFORD, Conn. , May 9, 2019 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) announced today that its Board of Directors has approved a share repurchase program of up to $4 billion , commencing this quarter ...
The Zacks Analyst Blog Highlights: FirstEnergy, Synchrony Financial, ExxonMobil, Morgan Stanley and Bristol-Myers
STAMFORD, Conn., May 2, 2019 /PRNewswire/ -- Synchrony (SYF) today announced Brian Doubles has been promoted to President, effective immediately, with a focus on accelerating key growth initiatives across the Company. Brian Wenzel Sr., Synchrony's Deputy Chief Financial Officer, was promoted to succeed Doubles as Synchrony's Chief Financial Officer, effective immediately. Both will report to Chief Executive Officer Margaret Keane.