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NYSE:SNV - Synovus Financial Stock Price, Forecast & News

$38.81
-1.35 (-3.36 %)
(As of 12/13/2019 04:00 PM ET)
Today's Range
$38.66
Now: $38.81
$40.00
50-Day Range
$33.62
MA: $37.12
$40.26
52-Week Range
$29.93
Now: $38.81
$40.41
Volume2.22 million shs
Average Volume1.70 million shs
Market Capitalization$5.69 billion
P/E Ratio10.66
Dividend Yield2.99%
Beta1.35
Synovus Financial Corp. operates as the bank holding company for Synovus Bank that provides various financial products and services. It offers integrated financial services, including commercial and retail banking, financial management, insurance, and mortgage services. The company's commercial banking services comprise treasury management, asset management, capital market, and institutional trust services, as well as commercial, financial, and real estate loans. Read More…

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
CUSIP87161C10
Phone706-649-2311

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.62 billion
Cash Flow$4.40 per share
Book Value$25.36 per share

Profitability

Net Income$428.48 million

Miscellaneous

Employees4,651
Market Cap$5.69 billion
Next Earnings Date1/21/2020 (Estimated)
OptionableOptionable

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Synovus Financial (NYSE:SNV) Frequently Asked Questions

What is Synovus Financial's stock symbol?

Synovus Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "SNV."

How often does Synovus Financial pay dividends? What is the dividend yield for Synovus Financial?

Synovus Financial declared a quarterly dividend on Thursday, December 5th. Stockholders of record on Thursday, December 19th will be paid a dividend of $0.30 per share on Thursday, January 2nd. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.09%. The ex-dividend date of this dividend is Wednesday, December 18th. View Synovus Financial's Dividend History.

How will Synovus Financial's stock buyback program work?

Synovus Financial announced that its board has authorized a stock repurchase program on Wednesday, January 24th 2018, which allows the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its shares are undervalued.

How were Synovus Financial's earnings last quarter?

Synovus Financial Corp. (NYSE:SNV) announced its quarterly earnings data on Tuesday, October, 22nd. The bank reported $0.97 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.00 by $0.03. The bank earned $490.86 million during the quarter, compared to analyst estimates of $486.74 million. Synovus Financial had a net margin of 23.22% and a return on equity of 14.43%. The business's revenue for the quarter was up 35.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.94 earnings per share. View Synovus Financial's Earnings History.

When is Synovus Financial's next earnings date?

Synovus Financial is scheduled to release their next quarterly earnings announcement on Tuesday, January 21st 2020. View Earnings Estimates for Synovus Financial.

What price target have analysts set for SNV?

14 brokers have issued twelve-month target prices for Synovus Financial's stock. Their forecasts range from $30.73 to $49.00. On average, they expect Synovus Financial's share price to reach $42.29 in the next twelve months. This suggests a possible upside of 9.0% from the stock's current price. View Analyst Price Targets for Synovus Financial.

What is the consensus analysts' recommendation for Synovus Financial?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synovus Financial in the last year. There are currently 1 hold rating, 12 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Synovus Financial.

Has Synovus Financial been receiving favorable news coverage?

Press coverage about SNV stock has been trending somewhat negative recently, InfoTrie Sentiment reports. The research firm rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Synovus Financial earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned headlines about the bank a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Synovus Financial.

Are investors shorting Synovus Financial?

Synovus Financial saw a increase in short interest during the month of November. As of November 29th, there was short interest totalling 3,740,000 shares, an increase of 13.3% from the November 14th total of 3,300,000 shares. Based on an average trading volume of 1,300,000 shares, the short-interest ratio is presently 2.9 days. Currently, 2.6% of the shares of the company are sold short. View Synovus Financial's Current Options Chain.

Who are some of Synovus Financial's key competitors?

What other stocks do shareholders of Synovus Financial own?

Who are Synovus Financial's key executives?

Synovus Financial's management team includes the folowing people:
  • Mr. Kessel D. Stelling Jr., Chairman, Pres & CEO (Age 63)
  • Mr. Kevin S. Blair, Sr. EVP, COO & Interim CFO (Age 48)
  • Mr. Mark G. Holladay, Exec. VP & Chief Risk Officer (Age 64)
  • Mr. Jeffrey Barton Singleton, Exec. VP & Pres of Financial Management Services (Age 55)
  • Ms. Jill K. Hurley, Chief Accounting Officer (Age 39)

Who are Synovus Financial's major shareholders?

Synovus Financial's stock is owned by many different of retail and institutional investors. Top institutional investors include Synovus Financial Corp (3.98%), State Street Corp (3.74%), Scout Investments Inc. (0.72%), Boston Partners (0.68%), Carillon Tower Advisers Inc. (0.49%) and Parametric Portfolio Associates LLC (0.30%). Company insiders that own Synovus Financial stock include Allan E Kamensky, Allen J Gula, Barry L Storey, Curtis J Perry, Diana M Murphy, Elizabeth W Camp, Kessel D Stelling, Kevin S Blair, Mark G Holladay and Philip W Tomlinson. View Institutional Ownership Trends for Synovus Financial.

Which institutional investors are selling Synovus Financial stock?

SNV stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, State Street Corp, Algebris UK Ltd, FSI Group LLC, Voya Investment Management LLC, State of Tennessee Treasury Department, Gamco Investors INC. ET AL and Public Employees Retirement System of Ohio. View Insider Buying and Selling for Synovus Financial.

Which institutional investors are buying Synovus Financial stock?

SNV stock was bought by a variety of institutional investors in the last quarter, including Scout Investments Inc., Carillon Tower Advisers Inc., Bayview Asset Management LLC, Foundry Partners LLC, California Public Employees Retirement System, State of New Jersey Common Pension Fund D, Point72 Asset Management L.P. and Steward Partners Investment Advisory LLC. Company insiders that have bought Synovus Financial stock in the last two years include Allan E Kamensky, Allen J Gula, Barry L Storey, Diana M Murphy, Elizabeth W Camp, Kessel D Stelling, Kevin S Blair, Mark G Holladay and Philip W Tomlinson. View Insider Buying and Selling for Synovus Financial.

How do I buy shares of Synovus Financial?

Shares of SNV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Synovus Financial's stock price today?

One share of SNV stock can currently be purchased for approximately $38.81.

How big of a company is Synovus Financial?

Synovus Financial has a market capitalization of $5.69 billion and generates $1.62 billion in revenue each year. The bank earns $428.48 million in net income (profit) each year or $3.64 on an earnings per share basis. Synovus Financial employs 4,651 workers across the globe.View Additional Information About Synovus Financial.

What is Synovus Financial's official website?

The official website for Synovus Financial is http://www.synovus.com/.

How can I contact Synovus Financial?

Synovus Financial's mailing address is 1111 BAY AVENUE SUITE 500, COLUMBUS GA, 31901. The bank can be reached via phone at 706-649-2311 or via email at [email protected]


MarketBeat Community Rating for Synovus Financial (NYSE SNV)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  324 (Vote Outperform)
Underperform Votes:  480 (Vote Underperform)
Total Votes:  804
MarketBeat's community ratings are surveys of what our community members think about Synovus Financial and other stocks. Vote "Outperform" if you believe SNV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SNV will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/14/2019 by MarketBeat.com Staff

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