Synchrony Financial (NYSE:SYF) Announces FY 2026 Earnings Guidance

Synchrony Financial (NYSE:SYF) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 9.500-9.500 for the period, compared to the consensus EPS estimate of 9.440.

Synchrony Financial Trading Up 1.0%

Shares of NYSE:SYF traded up $0.77 during trading on Wednesday, reaching $74.12. The company’s stock had a trading volume of 4,051,206 shares, compared to its average volume of 3,911,759. The stock has a market capitalization of $24.12 billion, a PE ratio of 7.59, a price-to-earnings-growth ratio of 0.86 and a beta of 1.35. Synchrony Financial has a 12 month low of $63.08 and a 12 month high of $88.77. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.08. The firm’s 50 day simple moving average is $75.78 and its two-hundred day simple moving average is $74.63.

Synchrony Financial (NYSE:SYF) last issued its quarterly earnings data on Tuesday, October 20th. The financial services provider reported $2.68 earnings per share for the quarter, topping the consensus estimate of $2.42 by $0.26. Synchrony Financial had a return on equity of 23.09% and a net margin of 15.44%. The company had revenue of $3.82 billion for the quarter, compared to analysts’ expectations of $3.81 billion. During the same period in the previous year, the firm posted $2.86 earnings per share. On average, research analysts predict that Synchrony Financial will post 9.40 EPS for the current fiscal year.

Synchrony Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Thursday, November 5th will be issued a $0.34 dividend. The ex-dividend date is Thursday, November 5th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.8%. Synchrony Financial’s payout ratio is 13.93%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on SYF shares. JPMorgan Chase & Co. boosted their target price on Synchrony Financial from $74.00 to $77.00 and gave the company a “neutral” rating in a research report on Wednesday. Weiss Ratings upgraded Synchrony Financial from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Royal Bank Of Canada restated a “sector perform” rating on shares of Synchrony Financial in a research report on Tuesday. Jefferies Financial Group reaffirmed a “buy” rating and set a $103.00 price objective on shares of Synchrony Financial in a research note on Tuesday. Finally, HSBC boosted their price objective on shares of Synchrony Financial from $93.00 to $97.00 and gave the company a “buy” rating in a research report on Monday, July 13th. Ten investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $87.83.

Key Headlines Impacting Synchrony Financial

Here are the key news stories impacting Synchrony Financial this week:

• Positive Sentiment: Earnings and guidance exceeded expectations. Synchrony reported third-quarter EPS of $2.68, ahead of the $2.42 consensus, while revenue of $3.82 billion was slightly above estimates. Management now expects approximately $9.50 in 2026 EPS, above the $9.44 consensus, reinforcing confidence in its earnings outlook. Synchrony Reports Third Quarter 2026 Results
• Positive Sentiment: Credit performance reduced fears of a consumer default surge. Net charge-offs declined to approximately 4.79%, while 30-day and 90-day delinquencies also improved. Stronger credit quality supports Synchrony’s profitability and suggests households remain capable of servicing debt. Synchrony Third-Quarter Earnings Report
• Positive Sentiment: Purchase volume and shareholder returns were strong. Third-quarter purchase volume rose 8% year over year to roughly $49.7 billion. Synchrony also repurchased about $1.1 billion of stock and declared its regular $0.34-per-share quarterly dividend, supporting per-share earnings and income-oriented investors.
• Positive Sentiment: Analysts raised their targets. Barclays increased its target from $93 to $94 and maintained an “overweight” rating. JPMorgan raised its target from $74 to $77, although it retained a “neutral” rating. Analysts Revise Synchrony Forecasts
• Neutral Sentiment: CareCredit introduced a new installment-payment option. CareCredit Pay Later will give health and wellness consumers an alternative to revolving credit, potentially expanding financing flexibility, though the near-term financial effect is unclear. CareCredit Introduces CareCredit Pay Later
• Negative Sentiment: Reported profit declined year over year. Third-quarter net income fell to $892 million from $1.1 billion, or $2.86 per share, last year. Higher expenses and a modestly lower net interest margin offset the earnings beat.
• Negative Sentiment: Evercore downgraded the stock. Evercore lowered its rating from “outperform” to “in-line,” setting a $78 target. The downgrade highlights valuation and execution concerns despite improving credit metrics. Evercore Analyst Action

Synchrony Financial Company Profile

Synchrony Financial (NYSE: SYF) is a consumer financial services company that provides private-label credit cards, co-branded credit cards and promotional financing programs. Its financing products are offered through retailers, manufacturers, healthcare providers and other businesses, helping consumers pay for purchases over time.

The company serves a range of industries, including digital commerce, home improvement, furniture, automotive, healthcare, jewelry, apparel, electronics and specialty retail.