Four analysts have issued estimates for Synchrony Financial's earnings. Macroview Invest Mgmt Limited Co owns 54 shares for 0.03% of their portfolio. Below is a list of Synchrony Financial (NYSE:SYF) latest ratings and price target changes.
With no major earnings or economic data scheduled this week, trading volumes were thin and expected to get even quieter leading up to the Thanksgiving holiday on Thursday and an early market close on Friday. For the next fiscal year, analysts anticipate that the company will post earnings of $3.27 per share, with EPS estimates ranging from $3.09 to $3.56. At Synchrony Financial (SYF), there are now 660 institutional holders with a total of 700,768,839 shares. According to their predictions high & low revenue estimates are 4.05 Billion and 3.87 Billion respectively. Synchrony Financial had a net margin of 13.17% and a return on equity of 14.84%.
SYF has been the topic of a number of recent research reports. Morgan Stanley cut Synchrony Financial from an overweight rating to an equal weight rating and decreased their price target for the stock from $35.00 to $32.00 in a research note on Friday, September 8th. TheStreet raised Synchrony Financial from a "c" rating to a "b" rating in a research note on Monday, July 31st. BMO Capital Markets restated a "buy" rating and set a $40.00 price target on shares of Synchrony Financial in a report on Friday, August 25th. During the same period in the previous year, the company posted $0.73 earnings per share. analysts forecast that Synchrony Financial will post 2.59 earnings per share for the current year. 0 analysts gave its stock an Outperform rating. Twelve equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Synchrony Financial (NYSE:SYF) has declined 10.35% since November 23, 2016 and is downtrending. The investor is now holding 39,243,135 shares thanks to an increase of 2,279,081 new shares in their portfolio. The company has market cap of $26.22 billion.
When it comes to institutional holdings, taking a look at a public company's active positions is a useful way to understand how institutional investors view the value of the stock. The weekly volatility was 1.93% for Synchrony Financial, SYF, making it easy for the traders to interpret how riskier their investment is on this stock.
The business also recently declared a quarterly dividend, which was paid on Thursday, November 16th. Shareholders of record on Monday, November 6th were paid a $0.15 dividend. This represents a $0.52 annualized dividend and a dividend yield of 1.93%. The ex-dividend date was Friday, November 3rd. Synchrony Financial's payout ratio is now 22.90%.
WARNING: This piece was originally reported by TrueBlueTribune and is the sole property of of TrueBlueTribune. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of USA & global copyright & trademark law. Hengistbury Investment Partners Llp bought 273,271 shares as the company's stock rose 5.74% with the market. The company had Year Ago Sales of $3.91 Billion. (NASDAQ:ZNGA) by 1.94% during the September 2017 quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The rating was maintained by Jefferies with "Buy" on Friday, October 20. The shares were sold at an average price of $33.50, for a total transaction of $33,500.00. Following the completion of the purchase, the director now owns 10,608 shares of the company's stock, valued at $354,307.20. The disclosure for this sale can be found here.
Several hedge funds have recently made changes to their positions in SYF. IFP Advisors Inc boosted its position in Synchrony Financial by 3.4% in the first quarter. During last 3 month period, -2.81% of total institutional ownership has changed in the company shares. Staying on top of longer-term price action may help provide investors with a wider range of reference when doing stock analysis. (NYSE:DAL) stake by 26,536 shares and now owns 90,078 shares. Creative Planning now owns 5,863 shares of the financial services provider's stock valued at $201,000 after buying an additional 240 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Synchrony Financial by 15.7% in the second quarter. National Pension Service now owns 737,807 shares of the financial services provider's stock valued at $21,802,000 after buying an additional 68,583 shares in the last quarter. Mn Services Vermogensbeheer B.V. now owns 131,631 shares of the financial services provider's stock valued at $3,925,000 after buying an additional 109,617 shares in the last quarter. The rationale behind such high activity for a share could be their large number of shares outstanding or due to special situations such as there being a tender offer for the company and unexpected news. Shares are now up over the past year, outperforming the broad market by -100% and underperformed a peer group of similar companies by -90%.