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

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

Synovus Financial declared a quarterly dividend on Tuesday, September 4th. Investors of record on Thursday, September 20th will be paid a dividend of $0.25 per share on Monday, October 1st. This represents a $1.00 dividend on an annualized basis and a yield of 2.78%. The ex-dividend date is Wednesday, September 19th. View Synovus Financial's Dividend History.

Synovus Financial declared that its Board of Directors has authorized a share repurchase plan on Wednesday, January 24th 2018, which allows the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board of directors believes its stock is undervalued.

Synovus Financial Corp. (NYSE:SNV) released its quarterly earnings results on Tuesday, October, 23rd. The bank reported $0.95 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.92 by $0.03. The bank had revenue of $363.29 million for the quarter, compared to analysts' expectations of $368.24 million. Synovus Financial had a net margin of 22.41% and a return on equity of 15.05%. Synovus Financial's revenue was up 1.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.78 earnings per share. View Synovus Financial's Earnings History.

Synovus Financial is scheduled to release their next quarterly earnings announcement on Tuesday, January 22nd 2019. View Earnings Estimates for Synovus Financial.

14 Wall Street analysts have issued twelve-month price objectives for Synovus Financial's shares. Their predictions range from $47.00 to $57.00. On average, they anticipate Synovus Financial's stock price to reach $52.00 in the next twelve months. This suggests a possible upside of 44.7% from the stock's current price. View Analyst Price Targets for Synovus Financial.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synovus Financial in the last year. There are currently 7 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Synovus Financial.

Media stories about SNV stock have trended positive on Wednesday, InfoTrie reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Synovus Financial earned a media sentiment score of 2.7 on InfoTrie's scale. They also assigned headlines about the bank a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock's share price in the near term.

Some companies that are related to Synovus Financial include Regions Financial (RF), Huntington Bancshares (HBAN), Comerica (CMA), Zions Bancorp (ZION), Cullen/Frost Bankers (CFR), BOK Financial (BOKF), Webster Financial (WBS), First Horizon National (FHN), PacWest Bancorp (PACW), CIT Group (CIT), Pinnacle Financial Partners (PNFP), Sterling Bancorp (STL), F.N.B. (FNB), MB Financial (MBFI) and TCF Financial (TCF).

Synovus Financial's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.04%), Alliancebernstein L.P. (1.99%), Victory Capital Management Inc. (1.93%), MERIAN GLOBAL INVESTORS UK Ltd (1.46%), Prudential Financial Inc. (1.22%) and EJF Capital LLC (1.15%). Company insiders that own Synovus Financial stock include Allan E Kamensky, Allen J Gula, Curtis J Perry, D Wayne Akins Jr, Diana M Murphy, Elizabeth W Camp, Jeffrey Barton Singleton, Kevin Joseph Howard, Kevin S Blair, Mark G Holladay, Philip W Tomlinson and R Dallis Copeland Jr. View Institutional Ownership Trends for Synovus Financial.

SNV stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Credit Suisse AG, First Trust Advisors LP, AQR Capital Management LLC, Brown Advisory Inc., BlackRock Inc., Hsbc Holdings PLC and Deutsche Bank AG. Company insiders that have sold Synovus Financial company stock in the last year include Allen J Gula, Curtis J Perry, Mark G Holladay and Philip W Tomlinson. View Insider Buying and Selling for Synovus Financial.

SNV stock was acquired by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, EJF Capital LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Prudential Financial Inc., Allianz Asset Management GmbH, Victory Capital Management Inc. and Alliancebernstein L.P.. Company insiders that have bought Synovus Financial stock in the last two years include Allan E Kamensky, Allen J Gula, Diana M Murphy, Elizabeth W Camp, Kevin S Blair, Mark G Holladay and Philip W Tomlinson. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of SNV stock can currently be purchased for approximately $35.93.

Synovus Financial has a market capitalization of $4.30 billion and generates $1.51 billion in revenue each year. The bank earns $275.47 million in net income (profit) each year or $2.53 on an earnings per share basis. Synovus Financial employs 4,541 workers across the globe.

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

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]