#SYNCHRONY STOCK FREE#

The consensus mark for FDUS’s 2023 earnings has moved 5.6% north in the past 60 days.īlackRock Capital’s earnings outpaced estimates in each of the trailing four quarters, the average surprise being 12.9%. The Zacks Consensus Estimate for FDUS’s 2023 earnings and revenues suggests an improvement of 30.3% and 35.4%, respectively, from the year-ago reported figures. The bottom line of Fidus Investment outpaced estimates in each of the last four quarters, the average surprise being 9.5%. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Each of these companies presently carries a Zacks Rank #2 (Buy).

#SYNCHRONY STOCK FREE#

Some better-ranked stocks in the Finance space are Fidus Investment Corporation ( FDUS Quick Quote FDUS - Free Report), BlackRock Capital Investment Corporation ( BKCC Quick Quote BKCC - Free Report) and Americold Realty Trust, Inc. ( COLD Quick Quote COLD - Free Report). Image Source: Zacks Investment Research Stocks to Consider SYF currently carries a Zacks Rank #3 (Hold). Shares of Synchrony Financial gained 10.7% in the past six months compared with the industry’s 4.7% rise. SYF pursues uninterrupted efforts to offer advanced credit products best suited to address evolving customer expectations and serve diversified industries. Expanding the reach of CareCredit financing solutions also bolsters the purchasing power of consumers and reduces hurdles for patients in availing of quality health care. Partnerships similar to the latest one are expected to boost the presence of CareCredit across the pet care space. Short-term and long-term promotional financing options will be available depending on the purchase amount. Once approved, pet parents can make the payment immediately. They can apply on any smart device or over their phone. Pet parents can check if they prequalify for a CareCredit credit card without impacting their credit score in real time. Synchrony Financial’s CareCredit will provide flexible financial solutions to pet owners and educate veterinarians about mental health and wellness techniques, management of finances, financial literacy, etc.

The company expects loan receivables growth of more than 10% in 2023. This move will also lead to increased contributions from this segment and a rise in the loan receivables portfolio, paving the way for higher interest income and fees on loans. Health and Wellness accounted for 16% of the total interest and fees on loans of SYF in the second quarter of 2023. With SYF’s CareCredit expansion, it is evident that the company is focused on expanding the business with attention paid to health systems. This move bodes well for Synchrony Financial, as wider adoption of CareCredit is expected to boost the top line in the future. The company’s shares gained 1.5% on Sept 14. The tie-up will pave the way for SYF’s CareCredit health and wellness credit card and offer pet financing solutions in more than 95% of veterinary university hospitals nationwide. Synchrony Financial ( SYF Quick Quote SYF - Free Report) recently announced its partnership with the University of Missouri, Oregon State University and Virginia Tech to offer financing options for pet care in the schools’ veterinary university hospitals.

Synchrony stock