SYF
Synchrony Financial, together with its subsidiaries, operates as a consumer financial services company in the United States. The company provides credit products, such as credit cards, commercial cred...
Synchrony Financial (NYSE:SYF) - Stock Analysis
Very undervalued with excellent balance sheet and pays a dividend. Trading at 52.9% below our estimate of its fair value. Revenue is forecast to grow 13.43% per year. Earnings have grown 1.7% per year over the past 5 years. Pays a reliable dividend of 1.64%. Trading at good value compared to peers and industry. Analysts in good agreement that stock price will rise by 23%. Earnings are forecast to decline by an average of 3.4% per year for the next 3 years.
A Closer Look at Synchrony Financial's Potential
SYF: $5.70-6.00 '24 guide (ex-fees), late fee ($0.15-0.25) EPS hit. Quick math: guide has 6% provisions, norm <5.5% ($1.60 EPS/100bps). Norm EPS $6.50+ (6x), at ROE target $7.70 (5x). Cheap. Fees -$800m, litigation may delay rule. Offsets ramping, ROA neutral in time.