Synchrony Financial (SYF)
Financials2 articles
Price chart
Why is SYF moving today?
+3.2%SYF is +3.2% today, a large move, and no story about it reached the feed in the last 24 hours. Large moves without a headline are common: index flows, options positioning, a peer's report or a sector rotation can all do it. We do not invent a reason.
What this does not prove. A story on the same day is evidence of timing, not of cause: it explains a move only if it accounts for the size and the direction, and most single-stock moves carry a sector or index component too. Nothing here is a forecast.
Source: Yahoo Finance - quote as of 12 hours ago
Synchrony Financial (SYF) overview
Synchrony Financial is a leading U.S. consumer-finance and store-card lender.
SYF is a member of the S&P 500. It sits in the Financials sector. That sector covers banks, insurers and capital-markets firms at the center of the economy.
Synchrony Financial trades on the NYSE under the ticker symbol SYF. The most recent market data puts the share price at about $74.04. That is up 3.23% on the session. At that price the company is worth roughly $24.09B.
Over the past 52 weeks, SYF has traded between $63.08 and $88.77. Shares change hands at a trailing price-to-earnings (P/E) ratio of about 7.6. The P/E ratio sets the share price against a year of earnings. A higher number means the market is paying more for each dollar the company earns. SYF also pays a dividend. It yields around 1.84% at the current price.
Key statistics
Source: Yahoo Finance - quote as of 12 hours ago
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
Why investors watch SYF
SYF is one of the larger names in the Financials sector, so investors follow it closely. It tends to move with the rest of the sector. This page sums up each SYF story as it breaks, and tags it bullish, bearish or neutral.
What moves SYF
- Earnings. SYF reports results four times a year. A surprise against the estimate tends to move the stock that day.
- Analyst calls. Upgrades, downgrades and new price targets change what the market expects from SYF.
- Sector news. Financials stocks often move together, so a rival's news can move SYF too.
Market Mood
Latest SYF news
Synchrony (SYF) Partners with OpenAI to Enhance Consumer Portals
Synchrony Financial (SYF) announced a collaboration with OpenAI to integrate AI models into its consumer portals, aiming to improve online shopping experiences. The partnership will utilize OpenAI's technology to assist customers in product discovery and payment processes. Additionally, Synchrony plans to launch a ChatGPT plugin for consumers to access deals and financing offers. This partnership comes as OpenAI gears up for a potential initial public offering, suggesting heightened competition in the AI-enhanced e-commerce space.
Read More: Synchrony (SYF) Partners with OpenAI to Enhance Consumer Portals
Synchrony Partners with OpenAI for ChatGPT Shopping Integration
Synchrony Financial is collaborating with OpenAI, allowing shoppers to use store cards from brands like Amazon and Walmart directly within ChatGPT for purchases. This partnership marks a significant move towards integrating financing and payments into AI chatbots. Synchrony's chief strategy officer, Maran Nalluswami, indicated that it may take six to 12 months for general-purpose cards to become available in ChatGPT. The integration aims to enhance the shopping experience and could influence how consumers interact with AI for purchases, which is important for investors to monitor.
Read More: Synchrony Partners with OpenAI for ChatGPT Shopping IntegrationMore Financials stocks
Frequently asked questions
Is Synchrony Financial in the S&P 500?
Yes. Synchrony Financial trades as SYF and is a member of the S&P 500. The index lists it in the Financials sector.
What sector is SYF in?
SYF sits in the Financials sector of the S&P 500.
Where can I find the latest SYF news?
Right here. This page collects recent SYF news and market analysis. Every story gets an AI summary and a bullish, bearish or neutral tag.
What is Synchrony Financial's stock price?
SYF last traded at about $74.04. Prices move all through the session, so this is the latest quote rather than a live one.
What is Synchrony Financial's market cap?
SYF is worth roughly $24.09B. Market cap is the share price times the number of shares outstanding.
What is SYF's P/E ratio?
SYF trades at a trailing P/E ratio of about 7.6. The ratio compares the share price with earnings per share over the past year.