Synchrony Financial operates as a consumer financial services company in the United States. It provides a range of specialized financing programs and consumer banking products to digital, retail, home, auto, travel, health, and pet industries. The company also offers private label credit cards, dual cards, general purpose co-branded credit cards, and small and medium-sized business credit products; and promotional financing for consumer purchases, such as private label credit cards, dual cards, and installment loans. In addition, it provides promotional financing to consumers for health, veterinary and personal care procedures, and services and products, such as dental, vision, audiology, and cosmetic; debt cancellation products; and deposit products, including certificates of deposit, individual retirement accounts, money market accounts, and savings accounts to retail and commercial customers, as well as accepts deposits through third-party securities brokerage firms. The company offers its credit products through programs established with a group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations, and healthcare service providers; and deposit products through various channels, such as digital and print. Synchrony Financial was incorporated in 2003 and is headquartered in Stamford, Connecticut.
IPO Year: 2014
Exchange: NYSE
Website: synchrony.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/6/2025 | $59.00 → $79.00 | Equal Weight → Overweight | Barclays |
| 12/19/2024 | $40.00 → $82.00 | Underweight → Overweight | Morgan Stanley |
| 12/9/2024 | $59.00 → $72.00 | Neutral → Overweight | Analyst |
| 12/3/2024 | $60.00 → $85.00 | Equal Weight → Overweight | Wells Fargo |
| 9/16/2024 | Buy → Neutral | BTIG Research | |
| 8/9/2024 | $54.00 | Neutral → Buy | BofA Securities |
| 7/16/2024 | $56.00 | Buy | Compass Point |
| 6/28/2024 | $56.00 | Outperform | Robert W. Baird |
| 6/7/2024 | $60.00 | Buy | BTIG Research |
| 5/2/2024 | $45.00 → $62.00 | Mkt Perform → Outperform | Keefe Bruyette |
STAMFORD, Conn., Jan. 7, 2025 /PRNewswire/ -- Synchrony (NYSE: SYF) plans to report its fourth quarter 2024 results on Tuesday, January 28, 2025. The earnings release and presentation materials are scheduled to be released and posted to the Investor Relations section of the Company's website, www.investors.synchrony.com, at approximately 6:00 a.m. Eastern Time. A conference call to discuss Synchrony's results will be held at 8:00 a.m. Eastern Time on that day; the live audio webcast and replay can be accessed through the same website under Events and Presentations. About Sync
Company also declares preferred stock dividends STAMFORD, Conn., Oct. 24, 2024 /PRNewswire/ -- Synchrony Financial (NYSE:SYF) announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share of common stock, payable on November 15, 2024 to holders of record at the close of business on November 4, 2024. The Board of Directors also declared a quarterly cash dividend on the outstanding shares of its 5.625% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A (the "Series A Preferred Stock") and 8.250% Fixed Rate Reset Non-Cumulative Perpe
STAMFORD, Conn., Oct. 16, 2024 /PRNewswire/ -- Synchrony Financial (NYSE:SYF) today announced its third quarter 2024 results for the period ending September 30, 2024. The earnings news release and presentation can be found on the company's investor relations website at https://investors.synchrony.com/financial-results. Today at 8 a.m. ET, Brian Doubles, President and Chief Executive Officer, and Brian Wenzel Sr., Executive Vice President and Chief Financial Officer, will host a conference call to review the financial results and outlook for certain business drivers. The confer
STAMFORD, Conn., Sept. 25, 2024 /PRNewswire/ -- Synchrony (NYSE:SYF) plans to report its third quarter 2024 results on Wednesday, October 16, 2024. The earnings release and presentation materials are scheduled to be released and posted to the Investor Relations section of the Company's website, www.investors.synchrony.com, at approximately 6:00 a.m. Eastern Time. A conference call to discuss Synchrony's results will be held at 8:00 a.m. Eastern Time on that day; the live audio webcast and replay can be accessed through the same website under Events and Presentations. About Sy
Company also declares preferred stock dividends STAMFORD, Conn., July 23, 2024 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share of common stock, payable on August 15, 2024 to holders of record at the close of business on August 5, 2024. The Board of Directors also declared a quarterly cash dividend on the outstanding shares of its 5.625% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A (the "Series A Preferred Stock") and 8.250% Fixed Rate Reset Non-Cumulative Perpetua
STAMFORD, Conn., July 17, 2024 /PRNewswire/ -- Synchrony Financial (NYSE:SYF) today announced its second quarter 2024 results for the period ending June 30, 2024. The earnings news release, financial tables and related materials can be found on the company's investor relations website at https://investors.synchrony.com/financial-results. Today at 8 a.m. ET, Brian Doubles, President and Chief Executive Officer, and Brian Wenzel Sr., Executive Vice President and Chief Financial Officer, will host a conference call to review the financial results and outlook for certain business
STAMFORD, Conn., June 20, 2024 /PRNewswire/ -- Synchrony (NYSE:SYF) plans to report its second quarter 2024 results on Wednesday, July 17, 2024. The earnings release and presentation materials are scheduled to be released and posted to the Investor Relations section of the Company's website, www.investors.synchrony.com, at approximately 6:00 a.m. Eastern Time. A conference call to discuss Synchrony's results will be held at 8:00 a.m. Eastern Time on that day; the live audio webcast and replay can be accessed through the same website under Events and Presentations. About Synchr
STAMFORD, Conn., April 24, 2024 /PRNewswire/ -- Synchrony Financial (NYSE:SYF) today announced its first quarter 2024 results for the period ending March 31, 2024. The earnings news release, financial tables and related materials can be found on the company's investor relations website at https://investors.synchrony.com/financial-information/financial-results. Today at 8:00 AM ET, Brian Doubles, President and Chief Executive Officer, and Brian Wenzel Sr., Executive Vice President and Chief Financial Officer, will host a conference call to review the financial results and outlo
STAMFORD, Conn., March 26, 2024 /PRNewswire/ -- Synchrony (NYSE:SYF) plans to report its first quarter 2024 results on Wednesday, April 24, 2024. The earnings release and presentation materials are scheduled to be released and posted to the Investor Relations section of the Company's website, www.investors.synchrony.com, at approximately 6:00 a.m. Eastern Time. A conference call to discuss Synchrony's results will be held at 8:00 a.m. Eastern Time on that day; the live audio webcast and replay can be accessed through the same website under Events and Presentations. About Sync
Company also declares preferred stock dividend STAMFORD, Conn., Jan. 24, 2024 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share of common stock, payable on February 15, 2024 to holders of record at the close of business on February 5, 2024. The Board of Directors also declared a quarterly cash dividend on the outstanding shares of its 5.625% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A (the "Series A Preferred Stock"). Each outstanding share of the Series A Preferr
Barclays upgraded Synchrony Financial from Equal Weight to Overweight and set a new price target of $79.00 from $59.00 previously
Morgan Stanley upgraded Synchrony Financial from Underweight to Overweight and set a new price target of $82.00 from $40.00 previously
Analyst upgraded Synchrony Financial from Neutral to Overweight and set a new price target of $72.00 from $59.00 previously
Wells Fargo upgraded Synchrony Financial from Equal Weight to Overweight and set a new price target of $85.00 from $60.00 previously
BTIG Research downgraded Synchrony Financial from Buy to Neutral
BofA Securities upgraded Synchrony Financial from Neutral to Buy and set a new price target of $54.00
Compass Point initiated coverage of Synchrony Financial with a rating of Buy and set a new price target of $56.00
Robert W. Baird initiated coverage of Synchrony Financial with a rating of Outperform and set a new price target of $56.00
BTIG Research initiated coverage of Synchrony Financial with a rating of Buy and set a new price target of $60.00
Keefe Bruyette upgraded Synchrony Financial from Mkt Perform to Outperform and set a new price target of $62.00 from $45.00 previously
4 - Synchrony Financial (0001601712) (Issuer)
4 - Synchrony Financial (0001601712) (Issuer)
4 - Synchrony Financial (0001601712) (Issuer)
4 - Synchrony Financial (0001601712) (Issuer)
4 - Synchrony Financial (0001601712) (Issuer)
4 - Synchrony Financial (0001601712) (Issuer)
4 - Synchrony Financial (0001601712) (Issuer)
4 - Synchrony Financial (0001601712) (Issuer)
4 - Synchrony Financial (0001601712) (Issuer)
4 - Synchrony Financial (0001601712) (Issuer)
STAMFORD, Conn., Jan. 16, 2025 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, is enhancing the way consumers securely shop online and in-app when checking out with Apple Pay on iPhone and iPad. Eligible Synchrony Preferred Mastercard, Synchrony Plus World Mastercard, or Synchrony Premier World Mastercard holders can now choose to pay with the standard terms of their credit card, or use a promotional offer that includes fixed monthly payments.1 To use a Synchrony Mastercard with Apple Pay, customers will first need to add their Synchrony M
CareCredit can be used to pay for services from dog training to vet care at Pet Paradise resorts. STAMFORD, Conn., Jan. 15, 2025 /PRNewswire/ -- Synchrony (NYSE:SYF), a leading consumer financial services company, and Pet Paradise, a premium pet care provider, today announced a new partnership designed to make access to an assortment of care easier for pet parents. By the end of year, the CareCredit health and wellness credit card will be available to be used at all 60 Pet Paradise locations nationwide to pay for services ranging from dog training to extended boarding stays and day camp packages. The partnership expands the opportunity for pet parents to use convenient financing options to
STAMFORD, Conn., Jan. 7, 2025 /PRNewswire/ -- Synchrony (NYSE: SYF) plans to report its fourth quarter 2024 results on Tuesday, January 28, 2025. The earnings release and presentation materials are scheduled to be released and posted to the Investor Relations section of the Company's website, www.investors.synchrony.com, at approximately 6:00 a.m. Eastern Time. A conference call to discuss Synchrony's results will be held at 8:00 a.m. Eastern Time on that day; the live audio webcast and replay can be accessed through the same website under Events and Presentations. About Sync
Synchrony Continues as Exclusive Issuer of the Techron Advantage Credit Card for Chevron and Texaco Customers STAMFORD, Conn., Dec. 18, 2024 /PRNewswire/ -- Synchrony (NYSE:SYF), a premier consumer financial services company, today announced the extension of their collaboration with Chevron U.S.A. Inc., a wholly owned subsidiary of Chevron Corporation (NYSE:CVX), on the Techron Advantage Credit Card program. The amendment by the parties of their existing agreement to extend the term builds upon the success of the companies' 17-year relationship, combining Synchrony's expertise in consumer financing with Chevron Corporation's ("Chevron") legacy of innovation and customer-centric approach. Th
CareCredit health and wellness credit card now accepted as a payment option for Daybreak's sleep testing-kits and sleep apnea device STAMFORD, Conn., Dec. 3, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, and Daybreak, a top-provider of full at-home sleep testing kits and custom-fit sleep apnea devices, have extended flexible financing to customers interested in Daybreak's products. With an estimated 50-70 million Americans currently living with ongoing sleep disorders, including sleep apnea, there is a clear need for the easily accessible diagnostic care that Daybreak can help provide.
STAMFORD, Conn., Dec. 3, 2024 /PRNewswire/ -- Synchrony (NYSE:SYF) President and Chief Executive Officer, Brian D. Doubles, and Chief Financial Officer, Brian J. Wenzel, will participate in a fireside chat at the 2024 Goldman Sachs Financial Services Conference on Tuesday, December 10, 2024 at 8:00 a.m. (Eastern Time). A live webcast and replay will be made available on the Synchrony Investor Relations website at www.investors.synchrony.com. About SynchronySynchrony (NYSE: SYF) is a premier consumer financial services company delivering one of the industry's most complete dig
Expanded Partnership Adds Buy Now, Pay Later Installment Loans to JCPenney Financing Options STAMFORD, Conn., Oct. 30, 2024 /PRNewswire/ -- Synchrony (NYSE:SYF) today announced a long-term extension of their nearly 25-year partnership with JCPenney. Synchrony and JCPenney have partnered for more than two decades to manage and service rewards-rich credit cards for JCPenney customers at the retailer's more than 650 stores in the U.S. and Puerto Rico, as well as JCPenney.com. The long-standing partnership has been expanded to include new financing options that offer customers mo
Veterinary Specialty Care: A Synchrony Lifetime of Care Study Reveals 80% of Pet Parents Are Worried About Potential Costs for Specialty and Emergency Veterinary Care STAMFORD, Conn., Oct. 29, 2024 /PRNewswire/ -- According to Synchrony's new "Veterinary Specialty Care Study," pet parents have significant concerns and information gaps when their pet requires veterinary specialty care. Further, it reveals a need to bridge communication gaps between general practice and specialty veterinary teams. Findings revealed that: 72% of pet parents are very/extremely concerned about the
Company also declares preferred stock dividends STAMFORD, Conn., Oct. 24, 2024 /PRNewswire/ -- Synchrony Financial (NYSE:SYF) announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share of common stock, payable on November 15, 2024 to holders of record at the close of business on November 4, 2024. The Board of Directors also declared a quarterly cash dividend on the outstanding shares of its 5.625% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A (the "Series A Preferred Stock") and 8.250% Fixed Rate Reset Non-Cumulative Perpe
STAMFORD, Conn., Oct. 16, 2024 /PRNewswire/ -- Synchrony Financial (NYSE:SYF) today announced its third quarter 2024 results for the period ending September 30, 2024. The earnings news release and presentation can be found on the company's investor relations website at https://investors.synchrony.com/financial-results. Today at 8 a.m. ET, Brian Doubles, President and Chief Executive Officer, and Brian Wenzel Sr., Executive Vice President and Chief Financial Officer, will host a conference call to review the financial results and outlook for certain business drivers. The confer
SC 13G/A - Synchrony Financial (0001601712) (Subject)
SC 13G/A - Synchrony Financial (0001601712) (Subject)
SC 13G/A - Synchrony Financial (0001601712) (Subject)
SC 13G/A - Synchrony Financial (0001601712) (Subject)
SC 13G/A - Synchrony Financial (0001601712) (Subject)
SC 13G/A - Synchrony Financial (0001601712) (Subject)
SC 13G/A - Synchrony Financial (0001601712) (Subject)
SC 13G/A - Synchrony Financial (0001601712) (Subject)
SC 13G/A - Synchrony Financial (0001601712) (Subject)
SC 13G/A - Synchrony Financial (0001601712) (Subject)
10-Q - Synchrony Financial (0001601712) (Filer)
8-K - Synchrony Financial (0001601712) (Filer)
8-K - Synchrony Financial (0001601712) (Filer)
8-K - Synchrony Financial (0001601712) (Filer)
8-K - Synchrony Financial (0001601712) (Filer)
8-K - Synchrony Financial (0001601712) (Filer)
424B5 - Synchrony Financial (0001601712) (Filer)
FWP - Synchrony Financial (0001601712) (Subject)
424B5 - Synchrony Financial (0001601712) (Filer)
10-Q - Synchrony Financial (0001601712) (Filer)
Seasoned executive deepens financial, risk and strategic expertise STAMFORD, Conn., Sept. 17, 2024 /PRNewswire/ -- Synchrony Financial (NYSE: SYF), a premier consumer financial services company, today announced Daniel Colao, a retired financial services executive with over 30 years of industry experience, has been appointed to Synchrony's Board of Directors, effective October 1, 2024. "We're thrilled to welcome Dan back to the Synchrony Board of Directors," said Brian Doubles, President and Chief Executive Officer. Mr. Colao previously served on the Company's Board from Februa
Synchrony Expands Leadership in the Pet Industry Through Ownership Stake in IPH; Two Synchrony Executives to Join IPH Board of Directors PHOENIX and STAMFORD, Conn., March 6, 2024 /PRNewswire/ -- Independence Pet Holdings, Inc. ("IPH"), a leading multi-brand, multi-channel pet insurance provider, and Synchrony (NYSE:SYF), a premiere consumer financial services company, today announced that IPH has completed the acquisition of Pets Best Insurance Services, LLC ("Pets Best") from Synchrony. Synchrony received a portion of the consideration as an equity investment in IPH and committed to enter into a commercial agreement with IPH, both of which will help expand IPH's activities in the pet indus
STAMFORD, Conn., Sept. 2, 2022 /PRNewswire/ -- Synchrony (NYSE:SYF), a premier consumer financial services company, today announced Will Graylin has resigned from its Board of Directors. Graylin is leaving to focus on leading OV Loop, an everywhere-commerce super-app company he founded, and Indigo Tech, a next generation EV company powered by road sensing smart-wheels, where he serves as Chairman and Chief Executive Officer. Graylin, who has been a Synchrony Board member since 2015, has no disagreements with the Company and is leaving on good terms. "On behalf of our Board and
NASHVILLE, Tenn., April 6, 2022 /PRNewswire/ -- Phosphorus Cybersecurity™, the leading provider of full scope security for Internet of Things devices, is pleased to announce the appointment of security industry luminary Art Coviello Jr. as Chairman of its Board of Directors. Coviello's appointment reflects his belief in Phosphorus Cybersecurity™ as the only company with a robust and proven security solution for protecting the Internet of Things from malicious cyber attacks and insider attacks. Coviello will provide strategic guidance to Phosphorus Cybersecurity™'s executive l
Leading technology and operations executive brings additional expertise in payments and financial services STAMFORD, Conn., April 4, 2022 /PRNewswire/ -- Synchrony (NYSE:SYF), a premier consumer financial services company, today announced Kamila Chytil has been appointed to Synchrony's board of directors, effective April 1. "We're excited to welcome Kamila to the Synchrony Board of Directors," said Brian Doubles, Synchrony president and chief executive officer. "Kamila brings extensive expertise in electronic payments technology and operations and will be a valuable member of
STAMFORD, Conn., Jan. 12, 2021 /PRNewswire/ -- Synchrony (NYSE: SYF) today announced Margaret Keane, Chief Executive Officer, will transition to the role of Executive Chair of the Board of Directors of Synchrony. Synchrony's Board of Directors unanimously elected Brian Doubles, President, to become President and Chief Executive Officer and a member of the Board of Directors. Both appointments are effective April 1, 2021. Synchrony (NYSE: SYF), a leading consumer finance company, announced today that its Board of Directors approved a planned succession process that will become effective on April 1, 2021. Margaret Keane (left), Synchrony’s CEO, will transition from CEO to Executi