May 16, 2021

News Spotlight: Synchrony Financial (NYSE:SYF)

Synchrony Financial (NYSE:SYF) changed 5.40% to recent value of $16.97. The stock transacted 12221314 shares during most recent day however it has an average volume of 10.34M shares. It spotted trading -55.55% off 52-week high price. On the other end, the stock has been noted 39.67% away from the low price over the last 52-weeks.

On April 24, 2020, Synchrony Financial (NYSE:SYF) revealed that its Board of Directors declared a quarterly cash dividend of $0.22 per share of common stock, payable on May 14, 2020 to holders of record at the close of business on May 4, 2020.

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 Preferred Stock is represented by depositary shares, each representing a 1/40th interest in a share of Series A Preferred Stock.  The dividend of approximately $14.06 per share (equivalent to $0.351563 per outstanding depositary share) is payable on May 15, 2020 to holders of record at the close of business on May 4, 2020.

SYF has an operating margin of 66.10% while its profit margin remained 19.60% for the last 12 months. Its earnings per share (EPS) expected to touch remained 48.90% for this year while earning per share for the next 5-years is expected to reach at 7.28%.

The company has 619.56M of outstanding shares and 585.03M shares were floated in the market. The price moved ahead of 7.11% from the mean of 20 days, -22.44% from mean of 50 days SMA and performed -46.37% from mean of 200 days price. Company’s performance for the week was 8.64%, 1.86% for month and YTD performance remained -52.87%.