Synchrony FinancialNYSE: SYF
Financials · Consumer Finance
$74.60
+3.61%
Vol: 2.2M
Research Digest
Monday, June 15, 2026
No significant overnight updates
No material news in the last 48 hours.
Previous Market Intelligence
13 daysJun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 21CFRA downgraded Synchrony Financial to Hold from Buy May 15 amid consumer credit and funding cost concernsNegative▶
CFRA cut its Synchrony rating to Hold from Buy on May 15 citing consumer credit trends, funding costs and spending resilience worries. SYF filed an 8-K dated May 15 providing monthly delinquency and charge-off data for the 13 months ended April 30 and committed to continuing monthly disclosure. The company is rolling out an enhanced Dick Sporting Goods card with 10% rewards. The Board plans to raise the quarterly dividend to $0.34 from $0.30 starting Q3 and approved a new $6.5B share repurchase program with no expiration. Insider Jonathan Mothner sold 51,258 shares at $71.23 on May 15. Stock is down 16.07% YTD despite strong long-term TSR. Risk: rising consumer credit losses in a higher-for-longer rate environment could squeeze NIM and credit metrics.
May 20Synchrony Financial files May 15 credit data 8-K with rising EPS, $6.5B buyback in motion, and Dicks Sporting Goods card relaunchPositive▶
Synchrony Financial filed a Form 8-K on May 15, 2026 providing monthly credit performance statistics including delinquency and charge-off data through April 30. Q1 2026 net earnings were $805M, or $2.27 diluted EPS, up from $1.89 prior year. The board approved a new $6.5B share repurchase program commencing Q2 2026 with no expiration, plus a planned 13% dividend increase to $0.34/share starting Q3. SYF relaunched its Dicks Sporting Goods credit card program with 10% back on qualifying purchases. Truist raised its price target to $82 from $71 on April 23. Insider Jonathan Mothner sold 51,258 shares on May 15. Stock traded $69-71 on May 19 with a P/E of 7.35 and 1.7% dividend yield.
May 19Synchrony Financial paid its $0.30 quarterly dividend on May 15, 2026 and filed an 8-K with monthly credit metrics for the 13 months ended April 30, 2026.Positive▶
Synchrony Financial paid its $0.30 quarterly common dividend on May 15, 2026 to holders of record May 5, and on the same day filed an 8-K providing updated monthly credit performance statistics (delinquency and charge-off data) through April 30, 2026, an ongoing transparency enhancement for credit-card investors. The disclosures come on top of capital-return actions already announced with Q1 results: a new $6.5B share repurchase authorization that commences in Q2 2026 with no expiration, and a planned 13% dividend increase to $0.34 per share beginning Q3 2026. Q1 2026 net earnings were $805M ($2.27 diluted EPS), up from $757M ($1.89) a year earlier. Investors will be watching the monthly credit data for any signs of consumer-credit deterioration that could pressure the buyback pace.
May 18Synchrony approves $6.5B share buyback, plans Q3 dividend increase from $0.30 to $0.34 on Q1 EPS of $2.27Positive▶
Synchrony Financial reported Q1 2026 EPS of $2.27 (up from $1.89 YoY) beating the $2.20 forecast, with revenue of $4.77B versus $3.78B expected and record $43B purchase volume. The Board approved a new $6.5B share repurchase program starting in Q2 2026 with no expiration date, and plans to increase the quarterly dividend from $0.30 to $0.34 starting Q3 2026. Net interest margin improved 76 bps, and net charge-offs declined to 5.42% (from 6.38%). Return on equity rose 110 bps to 19.5%. A $0.30 dividend was paid May 15. Analyst consensus is Buy with 15 buy recommendations.
May 15Synchrony Financial boosted quarterly dividend 13% to $0.34 starting Q3 and authorized a new $6.5B share repurchase program after Q1 2026 EPS of $2.27.Positive▶
Synchrony reported Q1 2026 EPS of $2.27 (vs $1.89 YoY) with net interest income up 3.8% to $4.6B. The Board announced plans to raise the quarterly cash dividend from $0.30 to $0.34 per share beginning Q3 2026 and approved a new $6.5B share repurchase program commencing in Q2 2026 with no expiration. Synchrony also expanded its co-brand partnership with Lowe's, launching the MyLowe's Pro Rewards American Express Card. Shares traded around $73 in May with a P/E of 7.23 and 1.7% yield. Capital returns signal management confidence in earnings power; risks remain on consumer credit quality and net charge-off trends amid weakening consumer sentiment.
May 14Synchrony approved new $6.5B share buyback and plans Q3 dividend hike from $0.30 to $0.34, with Lowe Pro AmEx co-brand expansionPositive▶
Board approved a new $6.5B share repurchase program with no expiration date, commencing Q2 2026. Quarterly dividend of $0.30 payable May 15, with planned increase to $0.34 starting Q3 2026. Q1 2026 EPS of $2.27 met expectations; net interest income up 3.8% YoY to $4.6B. Expanded Lowe partnership launching MyLowe Pro Rewards American Express Card unlocks new spend off-network. Also expanding pet insurance via Figo partnership through CareCredit. Stock traded $69.35-$70.71 May 13. Risk: consumer credit cycle and rising charge-offs.
May 13Synchrony approved $6.5B share buyback with no expiration and plans Q3 dividend hike to $0.34/share after Q1 EPS of $2.27 (vs $1.89 YoY).Positive▶
Synchrony declared a $0.30 quarterly dividend payable May 15 with a planned increase to $0.34 starting Q3 2026, and the Board approved a new $6.5B share repurchase program. Q1 2026 diluted EPS was $2.27, with ROE rising 110 bps to 19.5%. The company expanded its Lowe's co-brand partnership in late April with the MyLowe's Pro Rewards American Express Card, and entered the pet insurance market via a Figo Pet Insurance partnership for CareCredit reimbursement. Shares traded $69.10-$71.38 on May 12.
May 12Synchrony Financial announced a $6.5B open-ended buyback and plans to raise its quarterly dividend from $0.30 to $0.34 in Q3 2026 after a Q1 EPS of $2.27.Positive▶
Synchrony reported Q1 2026 diluted EPS of $2.27 vs. $1.89 a year earlier, with net interest income up 3.8% to $4.6B. The board approved a new $6.5B share repurchase program (no expiration date) starting in Q2 2026 and plans to raise the quarterly dividend to $0.34 from $0.30 starting Q3 2026. The expanded Lowe's co-brand partnership now includes the MyLowe's Pro Rewards American Express Card. Shares traded near $73.14 on May 9. Analyst consensus is Moderate Buy with target implying 20.8% upside.
May 11Synchrony approves $6.5B buyback with no expiration and plans dividend hike to $0.34 in Q3 2026Positive▶
Synchrony Financial Board approved a new share repurchase program of up to $6.5 billion of common stock starting Q2 2026 with no expiration date, departing from prior programs. The Board declared a quarterly dividend of $0.30 per share payable May 15, 2026 (record date May 5), and plans to increase the quarterly dividend to $0.34 beginning Q3 2026. Q1 2026 results reported May 6 showed diluted EPS of $2.27 meeting expectations and up from $1.89 a year ago, with net interest income up 3.8% YoY to $4.6 billion. The company announced an expanded co-brand partnership with Lowe's, introducing the MyLowe's Pro Rewards American Express Card usable wherever AmEx is accepted. Analysts maintain a Moderate Buy consensus with ~20.8% upside.
May 8Synchrony expands Lowes co-brand partnership with new MyLowes Pro Rewards American Express card; analyst price targets raised to $82-$86.Positive▶
Synchrony announced in April 2026 an expanded co-brand partnership with Lowes, introducing the MyLowes Pro Rewards American Express Card usable wherever American Express is accepted. The company reported Q1 2026 results on April 21 and declared a quarterly dividend of $0.30 per share, with plans to increase quarterly dividend to $0.34 per share. A $6.5 billion share repurchase program was approved. Truist raised price target to $82 from $71, and Baird raised it to $86 from $83. Wells Fargo maintains Buy rating. Average analyst rating is Buy with 12-month target of $84.57. Stock currently at $73.98.
May 7Synchrony and DICK'S Sporting Goods relaunch credit card May 6 with 10% back rewards; dividend raised to $0.34 from $0.30 and $6.5B buyback authorized.Positive▶
Synchrony and DICK'S Sporting Goods relaunched co-branded credit card on May 6 with 10% back rewards on qualifying purchases. Q1 2026 dividend increased to $0.34/share (from $0.30) and $6.5B share repurchase program authorized. Expanded pet insurance partnership with Figo Pet Insurance. Baird raised price target to $86 from $83 on April 22; Truist raised to $82 from $71. Stock up 2.75% week-over-week but down 9.04% month-over-month.
May 6Synchrony beats Q1 earnings with $2.27 EPS, raises dividend and launches $6.5B buybackPositive▶
Synchrony Financial reported Q1 2026 earnings of $2.27 per share, beating analyst consensus of $2.14 by $0.13. Net earnings rose to $805M on $4.64B net interest income with lower charge-offs, $100.1B in loans and strong CET1 of 12.7%. The company announced a $6.5B share repurchase authorization with no expiration and plans to raise its quarterly dividend to $0.34 per share starting Q3 2026. Synchrony expanded partnerships with Lowe's and rolled out a co-branded credit card with Chico's. Truist raised price target to $82 from $71 on April 22. Stock opened at $73.76 on May 6.
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Key Fundamentals
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Price above both MAs — bullish structure.