SYF $30.37 -0.06 (-0.20%)
Ideas, Updates & Analysis
So today was a little rough.
Two stocks I own got hit...hard.
Mohawk Industries and Synchrony Financial.
Mohawk missed earnings and dropped 17% to a new 52 week low.
Mohawk's (MHK) Q2 Earnings and Revenues Miss Expectations
Synchrony got dumped by Wal-Mart and dropped 10%.
This surprise announcement was released during the trading day.
So I was literally watching the stock drop in real time.
Walmart Taps Capital One for Store Cards, Dealing Blow to Synchrony
(Ironically, Capital One closed down 2%. Isn't that good news for Capital One?)
Welp, even though I am surprised and disappointed (and a little hungry), I decided not to sell.
I reviewed my posts that show why I bought each stock.
Based on that, I am considering buying more shares of each stock.
I hope I am not being overly optimistic, but I feel like both of these stocks will come back.
Of course, it will take some time.
Thu, Jul 26, 2018 MHK @ $179.31
Thu, Jul 26, 2018 SYF @ $30.00
So I finally checked out what the Amazon Prime Store Card is all about.
Here is my review.
It's pretty simple.
5% back every day on Amazon purchases.
Plus, I (almost) always remember to login to my ebates account first to get an extra 2% to 10% off my Amazon purchases.
I assumed it was through Amazon since Amazon is into everything nowadays.
The company behind the credit card is actually Synchrony Financial.
I have credit cards with other major companies but I have to say I was very impressed with the application process and most of all their account management website.
As a programmer, I have a special appreciation for a well thought out design.
(I hope you feel that way about Symbol Surfing!)
After doing more research, it turns out that SYF offers the same type of service to other major retailers.
There is a decent dividend yield of almost 2% and a very low P/E ratio of 12%.
This company just hit an all-time high and has had a nice retracement.
I think it is time to get in.
Hey, if Amazon trusts them, I do too.
Also, SYF is in Warren Buffett's Portfolio.
Tue, Mar 27, 2018 MHK @ $227.90
Tue, Mar 27, 2018 SYF @ $32.67
Synchrony Stock Charts
The 5 year and 1 year stock charts are below.
50 Day Moving Average
The 50 Day Moving Average is at $32.54 which is 6.67% above the stock price of $30.37.
200 Day Moving Average
The 200 Day Moving Average is at 34.97 which is 13.15% above the stock price of $30.37.
Because both the 50 DMA and 200 DMA are above the current stock price, this can be considered a bearish technical indicator.
SYF Stock Price
Below are a few key dates for the stock price.
Year To Date
The most recent stock price is $30.37.
The Year To Date (YTD) return is -21.85%.
52 Week Low
The 52 Week Low stock price is $28.33 set on Fri, Sep 8, 2017 which is 344 days ago.
The current price per share is 7.20% above the 52 week low.
52 Week High
The 52 Week High stock price is $40.59 set on Mon, Jan 29, 2018 which is 201 days ago.
The current price per share is -25.18% below the 52 week high.
All Time High
The All Time High stock price is $40.59 set on Mon, Jan 29, 2018 which is 201 days ago.
The current price per share is -25.18% below the all time high.
Below is the EPS, P/E Ratio and Earnings Date.
The Earnings Per Share (EPS) is $2.93.
The Price To Earnings (P/E) Ratio is 10.23.
Synchrony has a relatively low price to earnings ratio compared to the overal S&P 500 average, which is about 25%.
Some investors look for very low p/e stocks with the hopes of investing in an undervalued stock. Of course, this is just one factor to consider.
Stocks can make big percentage moves on the earnings announcement.
Companies announce earnings either before the market open or after the close.
The Earnings Release Date for Synchrony Financial was Fri, Apr 20, 2018.
Since this earnings release 120 days ago, the stock price is down by -14.09%.
Many investors know the importance of a companies earnings report. Also, the market reaction to the earnings release can be even more important and can help in making a prediction of a future price forecast of the shares.
A significant post earnings announcement percentage move can continue or reverse an existing trend for several days or weeks after the earnings date.
The most recent Earnings Release Date was on Fri, Jul 27, 2018, which was 22 days ago.
Since this earnings date, the stock price is up by +1.23%.
Below is important Dividend information.
The Annual Dividend Yield is 2.79%.
Check out the Dividend Calculator to forecast your potential profis with Synchrony.
(The next ex-dividend date will be around Thu, Nov 1, 2018.)
Investors should understand the dividend history of a company. Dividend history will show the dividend payments disbursed to investors over the years.
|Declaration Date||Amount||Ex-Date||Record Date||Pay Date|
|Thu, Jul 26, 2018||$0.21||Fri, Aug 3, 2018||Mon, Aug 6, 2018||Thu, Aug 16, 2018|
|Wed, Apr 25, 2018||$0.15||Fri, May 4, 2018||Mon, May 7, 2018||Thu, May 17, 2018|
|Tue, Jan 23, 2018||$0.15||Fri, Feb 2, 2018||Mon, Feb 5, 2018||Thu, Feb 15, 2018|
|Wed, Oct 25, 2017||$0.15||Fri, Nov 3, 2017||Mon, Nov 6, 2017||Thu, Nov 16, 2017|
|Wed, Jul 26, 2017||$0.15||Thu, Aug 3, 2017||Mon, Aug 7, 2017||Thu, Aug 17, 2017|
|Thu, Apr 27, 2017||$0.13||Thu, May 4, 2017||Mon, May 8, 2017||Thu, May 18, 2017|
|Wed, Jan 25, 2017||$0.13||Thu, Feb 2, 2017||Mon, Feb 6, 2017||Thu, Feb 16, 2017|
|Thu, Oct 27, 2016||$0.13||Thu, Nov 3, 2016||Mon, Nov 7, 2016||Thu, Nov 17, 2016|
|Thu, Jul 7, 2016||$0.13||Wed, Aug 10, 2016||Fri, Aug 12, 2016||Thu, Aug 25, 2016|
Below are other Specialty Finance stocks as Synchrony.
SYF Company Profile
Learn more about Synchrony.
Synchrony Financial is a Financials stock that trades on the NYSE and has a market capitalization of $22.49 Billion.
Synchrony Financial is a consumer financial services company. The Company provides a range of credit products through programs it has established with a group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers. The Company's revenue activities are managed through three sales platforms: Retail Card, Payment Solutions and CareCredit. It offers its credit products through its subsidiary, Synchrony Bank (the Bank). Through the Bank, it offers a range of deposit products insured by the Federal Deposit Insurance Corporation (FDIC), including certificates of deposit, individual retirement accounts (IRAs), money market accounts and savings accounts. The Company offers three types of credit products: credit cards, commercial credit products and consumer installment loans. The Company also offers a debt cancellation product. It offers two types of credit cards: private label credit cards and Dual Cards.
Spend a few minutes browsing the Synchrony Financial, web site at http://www.synchronyfinancial.com.