Synchrony(SYF)

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Here's Why Synchrony (SYF) is a Strong Momentum Stock
ZACKS· 2024-06-26 14:56
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. Zacks Premium includes access to the Zacks Style Scores as well. Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days. The Style Scores are broken down i ...
Synchrony Selects Atlanticus for Preferred Second Look Financing Program
Prnewswire· 2024-06-26 13:00
The availability of this solution is expected to attract a broader customer base, including those financially underserved and those interested in general purpose credit cards, private label credit cards and installment loan product offerings made available through the program. This partnership will enable consumers who may not receive offers from Synchrony to obtain an instant second look for a credit or financing product. "We are excited to expand our partnership with Synchrony to be the preferred second l ...
Synchrony Financial: Comparing The 2 High Yielding Preferred Shares
Seeking Alpha· 2024-06-26 12:31
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Synchrony (SYF), LG Electronics to Enhance ESS Financing Options
ZACKS· 2024-06-25 18:05
This move bodes well for SYF's Home and Auto segment, whose period-end loan receivables climbed 10% year over year in the first quarter of 2024. The latest partnership is expected to enhance SYF's financing capabilities throughout the electronics space. The company aims to gradually extend the partnership to encompass more retailers in the future. The move is likely to boost period-end loan receivables in its Home & Auto sales platform. Shares of Synchrony have gained 39.7% in the past year compared with th ...
Synchrony to Announce Second Quarter 2024 Financial Results on July 17, 2024
Prnewswire· 2024-06-20 12:00
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 access ...
Synchrony Ranked Second Among Best Companies to Work For India 2024
Prnewswire· 2024-06-19 17:53
Core Insights - Synchrony has been ranked second among India's Best Companies to Work For, highlighting its commitment to employee well-being and inclusive culture [1][4] - The company emphasizes work-life balance, offering 100% work-from-home flexibility and comprehensive parental policies [1][4] - Synchrony has received multiple accolades, including recognition as a Top Employer by the India Workplace Equality Index and being ranked among the Best Companies to Work For Women [4] Employee Support Initiatives - Synchrony provides financial and logistical support for remote work, including mental health resources and inclusive medical insurance [1] - The company has launched 25 electric vehicles for employee commuting, showcasing its commitment to sustainable solutions [1] - Synchrony celebrates diversity, with over 51% women representation and support for individuals with disabilities and veterans [1] Company Overview - Synchrony (NYSE: SYF) is a leading consumer financial services company offering a comprehensive suite of digitally enabled products across various industries [5] - The company connects partners and consumers through a dynamic financial ecosystem, providing tailored financing solutions and innovative digital capabilities [5]
Why You Should Retain Synchrony (SYF) Stock in Your Portfolio
ZACKS· 2024-06-18 15:45
The Zacks Consensus Estimate for SYF's 2024 earnings is pegged at $5.71 per share, which indicates an increase of 10% year over year. Synchrony beat on earnings in three of the last four quarters and missed once, the average surprise being 1.1%. This is depicted in the graph below. SYF exited the first quarter with cash and equivalents of $20 billion, which increased from $14.3 billion in 2023 end. It has a total debt to capital of 51.4%, lower than the industry average of 55.9%. Its balance sheet health su ...
Synchrony (SYF) & IME to Enhance Home Improvement Solutions
ZACKS· 2024-06-05 16:41
Zacks Rank & Key Picks Synchrony Financial currently carries a Zacks Rank #3 (Hold). Investors interested in the broader Finance space may look at some better-ranked players like Jackson Financial Inc. (JXN) , Euronet Worldwide, Inc. (EEFT) Image Source: Zacks Investment Research Synchrony Financial (SYF) recently established a partnership with an enterprise software and services company, Installation Made Easy ("IME"), which supports retail-based home improvement programs. The partnership aims to simplify ...
Synchrony Partners with Installation Made Easy to Help Homeowners Finance Home Improvements
Prnewswire· 2024-06-04 13:00
Core Insights - Synchrony and Installation Made Easy (IME) have formed a partnership to simplify financing for kitchen, bath, and flooring installations for homeowners [1][2] - Homeowners can purchase materials from Floor & Decor and schedule installations through IME, allowing for a streamlined home improvement process [3] - The partnership enables Floor & Decor cardholders to finance both materials and installation using a single credit card issued by Synchrony, facilitating easier project management [3][4] Company Overview - IME is an enterprise software and services company that develops home improvement programs for retailers and manufacturers, providing a software platform to manage projects and track performance [5] - Synchrony is a premier consumer financial services company offering a wide range of digitally enabled financial products across various industries, including home improvement [6]
Virgin Red Announces New Multi-Year Partnership with Synchrony and Mastercard to Launch U.S. Credit Card Program
Prnewswire· 2024-05-22 12:00
Through the partnership with Synchrony, cardholders will have access to new and improved digital experiences including streamlined digital application and servicing. "Synchrony is working hand-in-hand with Virgin Red to create the ultimate rewards credit card program for its members," said Bart Schaller, EVP and CEO, Digital, Synchrony. "This new program will offer an unparalleled experience for Virgin's most loyal customers from application to purchase to rewards redemption." "The new Virgin Red Rewards Ma ...