SNV vs. HBAN, RF, KEY, EWBC, FHN, WBS, CBSH, WAL, CFR, and BPOP
Should you be buying Synovus Financial stock or one of its competitors? The main competitors of Synovus Financial include Huntington Bancshares (HBAN), Regions Financial (RF), KeyCorp (KEY), East West Bancorp (EWBC), First Horizon (FHN), Webster Financial (WBS), Commerce Bancshares (CBSH), Western Alliance Bancorporation (WAL), Cullen/Frost Bankers (CFR), and Popular (BPOP). These companies are all part of the "regional banks" industry.
Synovus Financial (NYSE:SNV) and Huntington Bancshares (NASDAQ:HBAN) are both finance companies, but which is the better business? We will compare the two companies based on the strength of their dividends, profitability, community ranking, valuation, institutional ownership, risk, earnings, media sentiment and analyst recommendations.
Huntington Bancshares received 118 more outperform votes than Synovus Financial when rated by MarketBeat users. However, 56.86% of users gave Synovus Financial an outperform vote while only 51.35% of users gave Huntington Bancshares an outperform vote.
83.9% of Synovus Financial shares are owned by institutional investors. Comparatively, 80.7% of Huntington Bancshares shares are owned by institutional investors. 0.8% of Synovus Financial shares are owned by company insiders. Comparatively, 0.9% of Huntington Bancshares shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Huntington Bancshares has a net margin of 15.86% compared to Synovus Financial's net margin of 13.29%. Synovus Financial's return on equity of 12.93% beat Huntington Bancshares' return on equity.
Synovus Financial pays an annual dividend of $1.52 per share and has a dividend yield of 4.1%. Huntington Bancshares pays an annual dividend of $0.62 per share and has a dividend yield of 4.6%. Synovus Financial pays out 52.1% of its earnings in the form of a dividend. Huntington Bancshares pays out 55.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
Synovus Financial presently has a consensus target price of $41.50, suggesting a potential upside of 10.76%. Huntington Bancshares has a consensus target price of $15.30, suggesting a potential upside of 14.18%. Given Huntington Bancshares' stronger consensus rating and higher possible upside, analysts clearly believe Huntington Bancshares is more favorable than Synovus Financial.
In the previous week, Huntington Bancshares had 3 more articles in the media than Synovus Financial. MarketBeat recorded 13 mentions for Huntington Bancshares and 10 mentions for Synovus Financial. Synovus Financial's average media sentiment score of 1.05 beat Huntington Bancshares' score of 0.66 indicating that Synovus Financial is being referred to more favorably in the media.
Synovus Financial has a beta of 1.41, meaning that its share price is 41% more volatile than the S&P 500. Comparatively, Huntington Bancshares has a beta of 1.08, meaning that its share price is 8% more volatile than the S&P 500.
Huntington Bancshares has higher revenue and earnings than Synovus Financial. Huntington Bancshares is trading at a lower price-to-earnings ratio than Synovus Financial, indicating that it is currently the more affordable of the two stocks.
Summary
Huntington Bancshares beats Synovus Financial on 13 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SNV and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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