Synchrony(SYF)

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Synchrony Named No. 2 Best Company to Work For
Prnewswire· 2025-04-02 14:06
Employee Co-Design Spurs Innovation and Business Success 94% of U.S. Employees Say Synchrony is a Great Place to WorkSTAMFORD, Conn., April 2, 2025 /PRNewswire/ -- Celebrating its people-centric culture that expands access to credit for consumers and helps businesses thrive, Synchrony (NYSE: SYF) was named today by Fortune magazine and Great Place to Work® as the number 2 Best Company to Work For® in the U.S. Hear from Synchrony employees. Synchrony celebrates its people-centric culture that expa ...
Synchrony to Announce First Quarter 2025 Financial Results on April 22, 2025
Prnewswire· 2025-04-01 12:00
About Synchrony Synchrony (NYSE: SYF) is a premier consumer financial services company delivering one of the industry's most complete digitally-enabled product suites. Our experience, expertise and scale encompass a broad spectrum of industries including digital, health and wellness, retail, telecommunications, home, auto, outdoor, pet and more. We have an established and diverse group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare ser ...
Can the U.S. Economy Bounce Back Despite Consumer Spending Concerns?
ZACKS· 2025-03-26 15:20
U.S. consumers are pulling back on spending due to persistent inflation and growing concerns about the broader economic outlook, according to consumer financial services company Synchrony Financial (SYF) . Max Axler, the company’s chief credit officer, told Reuters thatpurchase volumes have declined across the industry as individuals, regardless of income level, become more selective about their spending habits.While consumers' finances remain generally stable, they are accumulating more debt, and delinquen ...
Synchrony Declines 16.1% in a Month: Is the Stock a Buy on the Dip?
ZACKS· 2025-03-10 16:50
Synchrony Financial (SYF) shares have declined 16.1% in the past month due to continued investor concerns about its credit quality and profitability. Broader macroeconomic factors also played their role, such as persistent inflation and increased financial pressures on consumers, leading to concerns about higher credit card delinquencies and defaults, especially among lower-income borrowers. The stockalso underperformed the industryand the S&P 500 Index. During this time, peers like American Express Company ...
Synchrony Makes a Big Splash in Connecticut Celebrating a Decade of Polar Plunges to Support Charity
Prnewswire· 2025-03-07 14:34
Group 1 - Synchrony employees participated in the 10th annual "Doubles Dive" to raise funds for SeriousFun Children's Network, which provides summer camp experiences for children with serious illnesses [1][2] - This year's event marks a decade of commitment, with the company tripling all employee donations to enhance the impact of their contributions [2] - Nearly 1,500 Synchrony employees globally are involved in community "Dives" or supporting virtually, raising over $1.2 million since the initiative began in 2016 [3] Group 2 - Synchrony is a leading consumer financial services company offering a comprehensive suite of digitally-enabled products across various industries, including retail and healthcare [4] - The company connects partners and consumers through a dynamic financial ecosystem, providing tailored financing solutions and innovative digital capabilities [4]
Synchrony Financial: Undervalued High-Yield Preferred Shares For Our Short-Duration Portfolio
Seeking Alpha· 2025-03-06 14:06
Group 1 - The article discusses the current overvaluation of the common equity market, prompting a shift towards increased fixed-income exposure [1] - It highlights a specific high-yield preferred stock as one of the best investment opportunities available [1] - The investing group Trade With Beta offers features such as frequent picks for mispriced preferred stocks and baby bonds, along with weekly reviews of over 1200 equities [1] Group 2 - The article emphasizes the importance of active investor participation and the availability of a free trial for interested parties [1] - It mentions that the analyst has a beneficial long position in SYF.PR.B shares, indicating a personal investment interest [1]
Down -13.15% in 4 Weeks, Here's Why You Should You Buy the Dip in Synchrony (SYF)
ZACKS· 2025-02-27 15:35
Core Viewpoint - Synchrony (SYF) has faced significant selling pressure, resulting in a 13.2% decline over the past four weeks, but analysts anticipate better earnings than previously expected, indicating a potential turnaround for the stock [1]. Group 1: Technical Indicators - The Relative Strength Index (RSI) is utilized to determine if a stock is oversold, with a reading below 30 typically indicating oversold conditions [2]. - SYF's current RSI reading is 27.81, suggesting that the heavy selling may be exhausting itself and a price reversal could be imminent [5]. Group 2: Fundamental Indicators - There has been a strong consensus among sell-side analysts to raise earnings estimates for SYF, leading to a 15.6% increase in the consensus EPS estimate over the last 30 days [6]. - An upward trend in earnings estimate revisions is generally associated with price appreciation in the near term [6]. Group 3: Analyst Ratings - SYF holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, indicating a strong potential for a near-term turnaround [7].
SYF Investors Have Opportunity to Join Synchrony Financial Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-02-20 20:47
Core Viewpoint - The Schall Law Firm is investigating Synchrony Financial for potential violations of securities laws related to misleading statements and undisclosed information affecting investors [1][2]. Group 1: Investigation Details - The investigation centers on whether Synchrony Financial issued false or misleading statements and failed to disclose relevant information to investors [2]. - Synchrony reported its Q4 2024 financial results on January 28, 2025, which included earnings that missed estimates due to weaker than expected net interest income [2]. - The company also reported a higher provision for credit card losses than anticipated, along with an increase in its net charge-off rate [2].
SYF or SOFI: Which Is the Better Value Stock Right Now?
ZACKS· 2025-02-20 17:45
Core Insights - Investors are evaluating Synchrony (SYF) and SoFi Technologies, Inc. (SOFI) for potential undervalued stock opportunities in the Financial - Miscellaneous Services sector [1] Valuation Metrics - SYF has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while SOFI has a Zacks Rank of 3 (Hold) [3] - SYF's forward P/E ratio is 8.55, significantly lower than SOFI's forward P/E of 62.38, suggesting SYF is undervalued [5] - SYF's PEG ratio is 0.73, compared to SOFI's PEG ratio of 2.33, indicating SYF's expected earnings growth is more favorable [5] - SYF has a P/B ratio of 1.66, while SOFI's P/B ratio is 2.87, further supporting SYF's valuation advantage [6] - Based on these metrics, SYF holds a Value grade of A, whereas SOFI has a Value grade of F, making SYF a more attractive option for value investors [6]
Synchrony Financial (SYF) Conference Transcript
2025-02-10 15:40
Synchrony Financial (SYF) Conference February 10, 2025 09:40 AM ET Company Participants Brian Wenzel - Executive VP & CFO Conference Call Participants Erika Penala - Analyst Erika Penala All right, everybody. Welcome again. We have our second presentation, but certainly not second. First in my heart, we have Synchrony Financial and CFO, Brian Wentzel. Welcome, Brian. Brian Wenzel Thanks, Erica. Appreciate being here today in Florida. Much warmer and a lot less snow than Connecticut. Erika Penala Yes, much w ...