Synchrony Financial Target of Unusually High Options Trading (NYSE:SYF)

Synchrony Financial (NYSE:SYF) saw some unusual options trading activity on Thursday. Traders bought 20,986 put options on the stock. This is an increase of 657% compared to the typical daily volume of 2,774 put options.

Insider Activity at Synchrony Financial

In other Synchrony Financial news, insider Alberto Casellas sold 14,399 shares of Synchrony Financial stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $67.71, for a total transaction of $974,956.29. Following the completion of the transaction, the insider owned 50,331 shares in the company, valued at approximately $3,407,912.01. This trade represents a 22.24% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Brian D. Doubles sold 217,554 shares of the business’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $68.68, for a total value of $14,941,608.72. Following the completion of the transaction, the insider directly owned 829,222 shares of the company’s stock, valued at approximately $56,950,966.96. This trade represents a 20.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 379,928 shares of company stock worth $26,170,764 in the last three months. Company insiders own 0.32% of the company’s stock.

Institutional Trading of Synchrony Financial

Several institutional investors have recently modified their holdings of SYF. Advisors Asset Management Inc. purchased a new position in Synchrony Financial in the 4th quarter valued at about $29,000. Fideuram Asset Management Ireland dac purchased a new stake in Synchrony Financial during the 4th quarter worth approximately $29,000. Westside Investment Management Inc. raised its holdings in shares of Synchrony Financial by 100.0% during the third quarter. Westside Investment Management Inc. now owns 358 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 179 shares during the last quarter. FWL Investment Management LLC acquired a new position in shares of Synchrony Financial during the third quarter valued at approximately $26,000. Finally, Reflection Asset Management purchased a new position in shares of Synchrony Financial in the fourth quarter valued at approximately $31,000. Institutional investors and hedge funds own 96.48% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Keefe, Bruyette & Woods upped their price objective on Synchrony Financial from $95.00 to $98.00 and gave the stock an “outperform” rating in a research report on Friday, January 2nd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Synchrony Financial in a report on Wednesday, January 21st. Wall Street Zen cut shares of Synchrony Financial from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Royal Bank Of Canada lowered their price target on shares of Synchrony Financial from $91.00 to $85.00 and set a “sector perform” rating on the stock in a report on Wednesday, January 28th. Finally, Compass Point upgraded shares of Synchrony Financial from a “neutral” rating to a “buy” rating and set a $96.00 price target on the stock in a research report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $86.42.

Synchrony Financial Stock Up 0.2%

Shares of SYF opened at $68.45 on Friday. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.98. Synchrony Financial has a 12 month low of $40.54 and a 12 month high of $88.77. The stock’s 50 day moving average is $69.92 and its two-hundred day moving average is $74.68. The firm has a market cap of $23.79 billion, a P/E ratio of 7.37, a PEG ratio of 0.60 and a beta of 1.39.

Synchrony Financial (NYSE:SYF) last announced its earnings results on Tuesday, January 27th. The financial services provider reported $2.18 earnings per share for the quarter, topping the consensus estimate of $2.02 by $0.16. Synchrony Financial had a return on equity of 23.07% and a net margin of 15.72%.The business had revenue of $3.79 billion during the quarter, compared to the consensus estimate of $3.84 billion. During the same period in the prior year, the company posted $1.91 EPS. The business’s quarterly revenue was down .2% on a year-over-year basis. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. Analysts predict that Synchrony Financial will post 7.67 earnings per share for the current fiscal year.

Synchrony Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Friday, February 6th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Friday, February 6th. Synchrony Financial’s dividend payout ratio (DPR) is presently 12.92%.

Synchrony Financial Company Profile

Synchrony Financial (NYSE: SYF) is a consumer financial services company that specializes in providing point-of-sale financing and private-label, co-branded and branded credit card programs. The company serves as a payments and lending partner to retailers, digital merchants and service providers, offering consumer financing solutions designed to drive customer engagement and sales. Synchrony also operates a direct bank that offers deposit products, including savings accounts and certificates of deposit, which support its funding and customer-facing product suite.

Its core product set includes private-label and co-branded credit cards, general-purpose credit cards, installment loan programs and promotional financing options that are integrated into merchants’ checkout experiences.