What is Zacks Research’s Estimate for SYF FY2028 Earnings?

Synchrony Financial (NYSE:SYF) – Research analysts at Zacks Research issued their FY2028 earnings per share estimates for shares of Synchrony Financial in a report issued on Tuesday, February 10th. Zacks Research analyst Team forecasts that the financial services provider will post earnings per share of $11.11 for the year. The consensus estimate for Synchrony Financial’s current full-year earnings is $7.67 per share.

Synchrony Financial (NYSE:SYF) last released its earnings results on Tuesday, January 27th. The financial services provider reported $2.18 earnings per share for the quarter, beating analysts’ consensus estimates of $2.02 by $0.16. Synchrony Financial had a net margin of 15.72% and a return on equity of 23.07%. The firm had revenue of $3.79 billion for the quarter, compared to analysts’ expectations of $3.84 billion. During the same period in the previous year, the company earned $1.91 earnings per share. The company’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.

Other analysts have also issued reports about the company. Barclays lowered their target price on Synchrony Financial from $101.00 to $93.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 28th. Wells Fargo & Company boosted their price objective on Synchrony Financial from $95.00 to $100.00 and gave the company an “overweight” rating in a research note on Monday, January 5th. TD Cowen increased their target price on shares of Synchrony Financial from $91.00 to $100.00 and gave the stock a “buy” rating in a research report on Thursday, January 8th. 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 research report on Wednesday, January 28th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Synchrony Financial from $86.00 to $84.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, Synchrony Financial currently has an average rating of “Moderate Buy” and an average price target of $87.05.

Synchrony Financial Price Performance

Synchrony Financial stock opened at $72.92 on Thursday. The business’s 50 day simple moving average is $80.44 and its 200 day simple moving average is $75.87. Synchrony Financial has a 12 month low of $40.54 and a 12 month high of $88.77. The company has a market cap of $25.35 billion, a price-to-earnings ratio of 7.85, a PEG ratio of 0.51 and a beta of 1.43. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.98.

Institutional Trading of Synchrony Financial

Large investors have recently modified their holdings of the business. Cullen Frost Bankers Inc. increased its position in shares of Synchrony Financial by 7.3% in the fourth quarter. Cullen Frost Bankers Inc. now owns 1,995 shares of the financial services provider’s stock worth $166,000 after purchasing an additional 135 shares during the last quarter. Colonial Trust Co SC increased its holdings in shares of Synchrony Financial by 40.2% in the 3rd quarter. Colonial Trust Co SC now owns 474 shares of the financial services provider’s stock worth $34,000 after buying an additional 136 shares during the last quarter. CoreCap Advisors LLC raised its position in shares of Synchrony Financial by 34.4% during the 4th quarter. CoreCap Advisors LLC now owns 543 shares of the financial services provider’s stock valued at $45,000 after buying an additional 139 shares in the last quarter. Parkside Financial Bank & Trust lifted its holdings in shares of Synchrony Financial by 15.1% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,106 shares of the financial services provider’s stock worth $74,000 after acquiring an additional 145 shares during the last quarter. Finally, United Community Bank grew its position in Synchrony Financial by 3.4% in the third quarter. United Community Bank now owns 4,469 shares of the financial services provider’s stock worth $318,000 after acquiring an additional 145 shares in the last quarter. Institutional investors own 96.48% of the company’s stock.

Insiders Place Their Bets

In related news, insider Curtis Howse sold 52,556 shares of Synchrony Financial stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $72.32, for a total transaction of $3,800,849.92. Following the completion of the sale, the insider owned 94,196 shares of the company’s stock, valued at approximately $6,812,254.72. This trade represents a 35.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Arthur W. Coviello, Jr. sold 4,000 shares of the business’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $72.32, for a total value of $289,280.00. Following the transaction, the director owned 32,444 shares of the company’s stock, valued at approximately $2,346,350.08. The trade was a 10.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 88,556 shares of company stock worth $6,419,730 in the last three months. 0.32% of the stock is currently owned by corporate insiders.

Synchrony Financial announced that its board has authorized a share buyback plan on Wednesday, October 15th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the financial services provider to reacquire up to 3.7% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.

Synchrony Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 17th. Investors of record on Friday, February 6th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Friday, February 6th. Synchrony Financial’s dividend payout ratio is 12.92%.

Key Synchrony Financial News

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

• Positive Sentiment: Zacks Research published a bullish long?term outlook, issuing a FY2028 EPS estimate of $11.11 (well above current consensus of $7.67), suggesting stronger longer?term earnings potential that could support the stock.
• Positive Sentiment: Zacks raised its FY2026 estimate to $9.29 (from $8.94) and boosted several near?term quarter forecasts (Q1 2026 and Q2 2026 among others), signaling near?term earnings upside versus prior views — a constructive data point for investors focused on 2026 performance.
• Positive Sentiment: Short interest fell sharply in January (down ~27% vs mid?January), leaving only ~3.7% of shares short and a short?interest ratio of ~2 days — less short selling reduces a potential source of downward pressure and can support the stock.
• Neutral Sentiment: Synchrony released its monthly credit?performance statistics; these routine data points provide updates on delinquencies and losses (relevant to credit underwriting and reserve expectations) but did not include a headline surprise in the summary feed. Synchrony Financial Reports Monthly Credit Performance Statistics
• Neutral Sentiment: Management presented at the UBS Financial Services Conference (transcript available). Conference remarks can influence sentiment if management provides new guidance or color; transcript availability lets investors check for incremental detail. Synchrony Financial Presents at UBS Financial Services Conference 2026 Transcript
• Neutral Sentiment: Analyst/industry coverage pieces discussing how Synchrony competes among large S&P 500 companies provide context on market positioning but are background rather than immediate catalysts. How Synchrony Financial Competes Among Top S&P 500 Companies
• Negative Sentiment: Despite several raises, Zacks also trimmed numerous near?term and medium?term quarter estimates (Q1 2027, Q3 2026, Q3/Q4 2027 and trimmed FY2027 from $10.16 to $10.02). Those downward revisions to some quarterly/annual numbers increase near?term earnings uncertainty and likely contributed to downward pressure on the stock.

About Synchrony Financial

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.