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S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
10 Ways Entrepreneurs Can Navigate a Down Economy
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
South African president appoints judge to oversee weapons-for-Russia inquiry
Free A.I. Trade Alerts. Up to 15 opportunities a day. (Ad)
Drought-struck Barcelona quenches thirst with costly desalination
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
10 Ways Entrepreneurs Can Navigate a Down Economy
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
South African president appoints judge to oversee weapons-for-Russia inquiry
Free A.I. Trade Alerts. Up to 15 opportunities a day. (Ad)
Drought-struck Barcelona quenches thirst with costly desalination
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
10 Ways Entrepreneurs Can Navigate a Down Economy
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
South African president appoints judge to oversee weapons-for-Russia inquiry
Free A.I. Trade Alerts. Up to 15 opportunities a day. (Ad)
Drought-struck Barcelona quenches thirst with costly desalination
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
NYSE:SNV

Synovus Financial (SNV) Stock Forecast, Price & News

$27.98
+0.13 (+0.47%)
(As of 05/26/2023 07:00 PM ET)
Compare
Today's Range
$27.40
$28.08
50-Day Range
$25.53
$31.72
52-Week Range
$25.19
$44.91
Volume
1.07 million shs
Average Volume
1.71 million shs
Market Capitalization
$4.09 billion
P/E Ratio
5.42
Dividend Yield
5.43%
Price Target
$39.88

Synovus Financial MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
42.5% Upside
$39.88 Price Target
Short Interest
Healthy
4.10% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.69
Upright™ Environmental Score
News Sentiment
0.98mentions of Synovus Financial in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$309,411 Bought Last Quarter
Proj. Earnings Growth
-3.43%
From $4.66 to $4.50 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.10 out of 5 stars

Finance Sector

55th out of 902 stocks

National Commercial Banks Industry

12th out of 86 stocks


SNV stock logo

About Synovus Financial (NYSE:SNV) Stock

Synovus Financial Corp. is a bank holding company, which engages in the provision of financial services. The company operates through the following segments: Community Banking, Wholesale Banking, and Financial Management Services (FMS). The Community Banking business segment serves customers using a relationship-based approach through its branch, ATM, commercial, and private wealth network in addition to mobile, Internet, and telephone banking. The Wholesale Banking business segment serves primarily larger corporate customers by providing commercial lending and deposit services through specialty teams including middle market, CRE, senior housing, national accounts, premium finance, structured lending, healthcare, asset-based lending, and community investment capital. The Financial Management Services (FMS) business segment serves its customers by providing mortgage and trust services and specializing in professional portfolio management for fixed-income securities, investment banking, the execution of securities transactions as a broker/dealer, asset management, financial planning, and family office services, as well as the provision of individual investment advice on equity and ot

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SNV Stock News Headlines

Synovus Financial (NYSE:SNV) Shares Up 3.8%
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Small-Bank CEOs Are Buying Up Stock
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Synovus Financial (NYSE:SNV) PT Raised to $33.00
Q1 2023 Synovus Financial Corp Earnings Call
F.N.B. (FNB) Q1 Earnings Match Estimates
See More Headlines
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SNV Company Calendar

Ex-Dividend for 4/3 Dividend
3/15/2023
Dividend Payable
4/03/2023
Last Earnings
4/19/2023
Today
5/29/2023
Next Earnings (Estimated)
7/20/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
Regional Banks
Sector
Finance
CUSIP
87161C10
Employees
5,114
Year Founded
1888

Price Target and Rating

Average Stock Price Forecast
$39.88
High Stock Price Forecast
$53.00
Low Stock Price Forecast
$30.00
Forecasted Upside/Downside
+42.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
$757.90 million
Pretax Margin
35.91%

Debt

Sales & Book Value

Annual Sales
$2.49 billion
Cash Flow
$5.70 per share
Book Value
$27.08 per share

Miscellaneous

Free Float
143,779,000
Market Cap
$4.09 billion
Optionable
Optionable
Beta
1.33

Social Links


Key Executives

  • Kevin S. BlairKevin S. Blair
    Chairman, President & Chief Executive Officer
  • Zack Bishop
    Executive VP-Technology, Operations & Security
  • Andrew Jamie GregoryAndrew Jamie Gregory
    Chief Financial Officer & Executive Vice President
  • Gloria C. Banks
    EVP, Chief Ethics & Compliance Officer
  • Robert W. Derrick
    Chief Credit Officer & Executive Vice President













SNV Stock - Frequently Asked Questions

Should I buy or sell Synovus Financial stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synovus Financial in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SNV shares.
View SNV analyst ratings
or view top-rated stocks.

What is Synovus Financial's stock price forecast for 2023?

9 Wall Street research analysts have issued 1-year price targets for Synovus Financial's stock. Their SNV share price forecasts range from $30.00 to $53.00. On average, they predict the company's share price to reach $39.88 in the next twelve months. This suggests a possible upside of 42.5% from the stock's current price.
View analysts price targets for SNV
or view top-rated stocks among Wall Street analysts.

How have SNV shares performed in 2023?

Synovus Financial's stock was trading at $37.55 at the beginning of 2023. Since then, SNV stock has decreased by 25.5% and is now trading at $27.98.
View the best growth stocks for 2023 here
.

When is Synovus Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 20th 2023.
View our SNV earnings forecast
.

How were Synovus Financial's earnings last quarter?

Synovus Financial Corp. (NYSE:SNV) posted its earnings results on Wednesday, April, 19th. The bank reported $1.33 EPS for the quarter, beating analysts' consensus estimates of $1.22 by $0.11. The bank had revenue of $613.90 million for the quarter, compared to analysts' expectations of $589.40 million. Synovus Financial had a trailing twelve-month return on equity of 19.92% and a net margin of 28.04%. The firm's quarterly revenue was up 23.1% compared to the same quarter last year. During the same period in the prior year, the company posted $1.08 EPS.

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

Synovus Financial announced a quarterly dividend on Thursday, March 2nd. Stockholders of record on Thursday, March 16th will be given a dividend of $0.38 per share on Monday, April 3rd. This represents a $1.52 annualized dividend and a yield of 5.43%. The ex-dividend date of this dividend is Wednesday, March 15th. This is a boost from the stock's previous quarterly dividend of $0.34.
Read our dividend analysis for SNV
.

Is Synovus Financial a good dividend stock?

Synovus Financial (NYSE:SNV) pays an annual dividend of $1.52 per share and currently has a dividend yield of 5.43%. SNV has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 29.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SNV will have a dividend payout ratio of 33.78% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SNV.

What is Kessel D. Stelling Jr.'s approval rating as Synovus Financial's CEO?

133 employees have rated Synovus Financial Chief Executive Officer Kessel D. Stelling Jr. on Glassdoor.com. Kessel D. Stelling Jr. has an approval rating of 93% among the company's employees. This puts Kessel D. Stelling Jr. in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Synovus Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Synovus Financial investors own include Energy Transfer (ET), AT&T (T), Citigroup (C), Bank of America (BAC), Huntington Bancshares (HBAN), Pfizer (PFE), Ford Motor (F), JPMorgan Chase & Co. (JPM), Wells Fargo & Company (WFC) and AbbVie (ABBV).

What is Synovus Financial's stock symbol?

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

Who are Synovus Financial's major shareholders?

Synovus Financial's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.65%), FMR LLC (5.25%), Wellington Management Group LLP (4.98%), State Street Corp (4.75%), Synovus Financial Corp (3.94%) and Charles Schwab Investment Management Inc. (2.34%). Insiders that own company stock include Allan E Kamensky, Andrew J Jr Gregory, Daniel Zachary Bishop, Diana M Murphy, John L Stallworth, Joseph J Prochaska Jr, Kessel D Stelling, Kevin S Blair, Mark G Holladay, Mark G Holladay and Thomas T Dierdorff.
View institutional ownership trends
.

How do I buy shares of Synovus Financial?

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

What is Synovus Financial's stock price today?

One share of SNV stock can currently be purchased for approximately $27.98.

How much money does Synovus Financial make?

Synovus Financial (NYSE:SNV) has a market capitalization of $4.09 billion and generates $2.49 billion in revenue each year. The bank earns $757.90 million in net income (profit) each year or $5.16 on an earnings per share basis.

How many employees does Synovus Financial have?

The company employs 5,114 workers across the globe.

Does Synovus Financial have any subsidiaries?
The following companies are subsidiares of Synovus Financial: Florida Community Bank.
Read More
How can I contact Synovus Financial?

Synovus Financial's mailing address is 1111 BAY AVENUE SUITE 500, COLUMBUS GA, 31901. The official website for the company is www.synovus.com. The bank can be reached via phone at (706) 641-6500, via email at bobmay@synovus.com, or via fax at 706-641-6555.

This page (NYSE:SNV) was last updated on 5/29/2023 by MarketBeat.com Staff

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