Media stories about Synchrony Financial (NYSE:SYF) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Synchrony Financial earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 47.8135334422897 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
Synchrony Financial (SYF) traded down $0.10 during midday trading on Wednesday, hitting $35.91. 2,691,443 shares of the stock were exchanged, compared to its average volume of 7,536,279. Synchrony Financial has a 1-year low of $26.01 and a 1-year high of $40.59. The stock has a market capitalization of $27,922.92, a price-to-earnings ratio of 14.90, a price-to-earnings-growth ratio of 1.40 and a beta of 1.01. The company has a quick ratio of 1.47, a current ratio of 1.45 and a debt-to-equity ratio of 1.46.
Synchrony Financial (NYSE:SYF) last announced its quarterly earnings results on Friday, January 19th. The financial services provider reported $0.70 EPS for the quarter, beating the consensus estimate of $0.63 by $0.07. Synchrony Financial had a return on equity of 14.62% and a net margin of 11.75%. The company had revenue of $3.98 billion for the quarter, compared to the consensus estimate of $3.96 billion. During the same quarter last year, the company posted $0.70 earnings per share. equities research analysts predict that Synchrony Financial will post 3.38 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Monday, February 5th will be given a $0.15 dividend. The ex-dividend date is Friday, February 2nd. This represents a $0.60 annualized dividend and a dividend yield of 1.67%. Synchrony Financial’s dividend payout ratio is 24.90%.
A number of research analysts have recently commented on the stock. Zacks Investment Research raised shares of Synchrony Financial from a “hold” rating to a “buy” rating and set a $45.00 target price on the stock in a research report on Wednesday, January 31st. Oppenheimer reaffirmed a “hold” rating on shares of Synchrony Financial in a report on Tuesday, October 31st. Morgan Stanley boosted their target price on shares of Synchrony Financial from $32.00 to $35.00 and gave the company an “equal weight” rating in a research note on Monday, October 23rd. Jefferies Group boosted their target price on shares of Synchrony Financial to $44.00 and gave the company a “top pick” rating in a research note on Friday, December 1st. Finally, Barclays set a $40.00 price target on shares of Synchrony Financial and gave the stock a “buy” rating in a research report on Monday, October 23rd. Nine analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $38.30.
In other Synchrony Financial news, Director Laurel Richie bought 1,000 shares of the stock in a transaction dated Monday, November 20th. The stock was bought at an average cost of $34.20 per share, for a total transaction of $34,200.00. Following the completion of the purchase, the director now owns 8,608 shares in the company, valued at approximately $294,393.60. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Olympia J. Snowe bought 3,000 shares of the stock in a transaction dated Friday, November 17th. The stock was acquired at an average price of $33.40 per share, with a total value of $100,200.00. Following the completion of the purchase, the director now owns 10,608 shares of the company’s stock, valued at approximately $354,307.20. The disclosure for this purchase can be found here. Over the last three months, insiders have sold 6,461 shares of company stock valued at $241,778. Company insiders own 0.03% of the company’s stock.
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About Synchrony Financial
Synchrony Financial is a consumer financial services company. The Company provides a range of credit products through programs it has established with a group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers. The Company’s revenue activities are managed through three sales platforms: Retail Card, Payment Solutions and CareCredit.
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