NYSE:SNV Synovus Financial (SNV) Stock Price, News & Analysis $49.09 +0.22 (+0.45%) (As of 10/22/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Synovus Financial Stock (NYSE:SNV) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Synovus Financial alerts:Sign Up Key Stats Today's Range$48.70▼$49.3550-Day Range$41.54▼$50.8552-Week Range$24.40▼$51.69Volume1.24 million shsAverage Volume1.41 million shsMarket Capitalization$7.19 billionP/E Ratio22.21Dividend Yield3.10%Price Target$51.88Consensus RatingModerate Buy Company OverviewSynovus Financial Corp. operates as the bank holding company for Synovus Bank that provides commercial and consumer banking products and services. It operates through four segments: Community Banking, Wholesale Banking, Consumer Banking, and Financial Management Services. The company's commercial banking services include treasury and asset management, capital market, and institutional trust services, as well as commercial, financial, and real estate lending services. Its consumer banking services comprise accepting customary types of demand and savings deposits accounts; mortgage, installment, and other consumer loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfers; internet-based banking services; and bank credit and debit card services, including Visa and MasterCard services. The company also offers various other financial services, including portfolio management for fixed-income securities, investment banking, execution of securities transactions as a broker/dealer, trust management, and financial planning services, as well as provides individual investment advice on equity and other securities. The company was founded in 1888 and is headquartered in Columbus, Georgia.Read More… Watch this before it gets removed (Ad)If you missed it, my emergency election broadcast is now available - but will be removed soonClick here to watch it now. Synovus Financial Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks96th Percentile Overall ScoreSNV MarketRank™: Synovus Financial scored higher than 96% of companies evaluated by MarketBeat, and ranked 59th out of 894 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.3 / 5Analyst RatingModerate Buy Consensus RatingSynovus Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.65, and is based on 11 buy ratings, 6 hold ratings, and no sell ratings.Amount of Analyst CoverageSynovus Financial has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Synovus Financial's stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings Growth12.62% Earnings GrowthEarnings for Synovus Financial are expected to grow by 12.62% in the coming year, from $4.04 to $4.55 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Synovus Financial is 22.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.83.Price to Earnings Ratio vs. SectorThe P/E ratio of Synovus Financial is 22.21, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.28.Price to Earnings Growth RatioSynovus Financial has a PEG Ratio of 2.36. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSynovus Financial has a P/B Ratio of 1.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Synovus Financial's valuation and earnings. Short Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted3.09% of the float of Synovus Financial has been sold short.Short Interest Ratio / Days to CoverSynovus Financial has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Synovus Financial has recently decreased by 18.60%, indicating that investor sentiment is improving significantly. Dividend2.5 / 5Dividend StrengthModerate Dividend YieldSynovus Financial pays a meaningful dividend of 2.99%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSynovus Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Synovus Financial is 52.05%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Synovus Financial will have a dividend payout ratio of 33.41% next year. This indicates that Synovus Financial will be able to sustain or increase its dividend.Read more about Synovus Financial's dividend. Sustainability and ESG2.6 / 5Environmental Score-0.71 Percentage of Shares Shorted3.09% of the float of Synovus Financial has been sold short.Short Interest Ratio / Days to CoverSynovus Financial has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Synovus Financial has recently decreased by 18.60%, indicating that investor sentiment is improving significantly. News and Social Media3.2 / 5News Sentiment0.69 News SentimentSynovus Financial has a news sentiment score of 0.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 42 news articles for Synovus Financial this week, compared to 6 articles on an average week.Search Interest5 people have searched for SNV on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Synovus Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Synovus Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $28,367.00 in company stock.Percentage Held by InsidersOnly 0.81% of the stock of Synovus Financial is held by insiders.Percentage Held by Institutions83.85% of the stock of Synovus Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Synovus Financial's insider trading history. Receive SNV Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Synovus Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address SNV Stock News HeadlinesSynovus Financial: Balanced Outlook with Upgraded Price Target Amid Cautious Hold RatingOctober 22 at 4:23 PM | markets.businessinsider.comJ.P. Morgan Sticks to Its Buy Rating for Synovus (SNV)October 22 at 4:23 PM | markets.businessinsider.comWatch this before it gets removed If you missed it, my emergency election broadcast is now available - but will be removed soonOctober 22, 2024 | Porter & Company (Ad)Synovus Financial (NYSE:SNV) PT Raised to $57.00 at Royal Bank of CanadaOctober 21 at 7:00 AM | americanbankingnews.comSynovus Financial (NYSE:SNV) Given New $57.00 Price Target at Bank of AmericaOctober 21 at 5:13 AM | americanbankingnews.comBarclays Boosts Synovus Financial (NYSE:SNV) Price Target to $56.00October 21 at 5:13 AM | americanbankingnews.comSynovus Financial (NYSE:SNV) Lifted to "Hold" at StockNews.comOctober 21 at 4:33 AM | americanbankingnews.comStephens Boosts Synovus Financial (NYSE:SNV) Price Target to $52.00October 21 at 4:33 AM | americanbankingnews.comSee More Headlines SNV Stock Analysis - Frequently Asked Questions How have SNV shares performed this year? Synovus Financial's stock was trading at $37.65 at the start of the year. Since then, SNV stock has increased by 30.4% and is now trading at $49.09. View the best growth stocks for 2024 here. How were Synovus Financial's earnings last quarter? Synovus Financial Corp. (NYSE:SNV) issued its earnings results on Wednesday, October, 16th. The bank reported $1.23 EPS for the quarter, beating analysts' consensus estimates of $1.09 by $0.14. The business's quarterly revenue was up 2.6% on a year-over-year basis. Does Synovus Financial have any subsidiaries? Synovus Financial subsidiaries include these companies: Florida Community Bank. Who are Synovus Financial's major shareholders? Synovus Financial's top institutional investors include Wedge Capital Management L L P NC (0.59%), Allspring Global Investments Holdings LLC (0.16%), Asio Capital LLC (0.09%) and Raymond James & Associates (0.07%). Insiders that own company stock include Kevin S Blair, Allan E Kamensky, D Wayne Akins Jr, Tim E Bentsen, Daniel Zachary Bishop, Joseph J Prochaska Jr, Andrew J Jr Gregory, Thomas T Dierdorff, Kessel D Stelling and Mark G Holladay. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Synovus Financial own? Based on aggregate information from My MarketBeat watchlists, some other companies that Synovus Financial investors own include Bristol-Myers Squibb (BMY), Chevron (CVX), McKesson (MCK), Comcast (CMCSA), Charles Schwab (SCHW), Edwards Lifesciences (EW) and Toronto-Dominion Bank (TD). Company Calendar Ex-Dividend for 10/1 Dividend9/19/2024Dividend Payable10/01/2024Last Earnings10/16/2024Today10/22/2024Fiscal Year End12/31/2024Next Earnings (Estimated)1/15/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry National commercial banks Sub-IndustryRegional Banks Current SymbolNYSE:SNV CUSIP87161C10 CIK18349 Webwww.synovus.com Phone(706) 641-6500Fax706-641-6555Employees4,879Year Founded1888Price Target and Rating Average Stock Price Target$51.88 High Stock Price Target$60.00 Low Stock Price Target$41.00 Potential Upside/Downside+6.3%Consensus RatingModerate Buy Rating Score (0-4)2.65 Research Coverage17 Analysts Profitability EPS (Most Recent Fiscal Year)$2.92 Trailing P/E Ratio22.10 Forward P/E Ratio12.09 P/E Growth2.36Net Income$543.71 million Net Margins10.82% Pretax Margin13.65% Return on Equity13.43% Return on Assets1.04% Debt Debt-to-Equity Ratio0.42 Current Ratio0.89 Quick Ratio0.89 Sales & Book Value Annual Sales$1.90 billion Price / Sales3.76 Cash Flow$4.85 per share Price / Cash Flow10.07 Book Value$33.62 per share Price / Book1.45Miscellaneous Outstanding Shares146,440,000Free Float142,806,000Market Cap$7.15 billion OptionableOptionable Beta1.38 Social Links 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report This page (NYSE:SNV) was last updated on 10/22/2024 by MarketBeat.com Staff From Our PartnersMan who Predicted Trump 2016 Win: “Prepare for Election Meltdown”Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… ...Paradigm Press | SponsoredProtect Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank ac...Weiss Ratings | SponsoredElon knows the truth, which is why they want him silencedElon Musk is one of mankind’s greatest innovators. But for all his visionary prowess and contributions to h...Porter & Company | SponsoredElection rigged? We caught them red-handed…What happens if NOBODY will be elected the next President of the United States on Nov. 5? Not Donald Trump...Banyan Hill Publishing | SponsoredIt’s delivered 859% in 2.5 months…We’ve gotten a lot of messages asking… what should we buy if Trump wins? What should we buy if Kamala wins?...The Oxford Club | Sponsored24/7 Automated Profits in CryptoThe 4th quarter of 2024 is shaping up to be one of the most explosive periods for crypto in recent memory. But...Crypto Swap Profits | SponsoredAfter calling a 2,269% gain, here’s his NEXT tradeReady for a rocket ride this weekend? After alerting his readers to a tiny $2 stock called Bright Minds Bio...Timothy Sykes | SponsoredNext opportunity for crypto millionsAs we enter crypto's golden quarter (October-December), this coin is primed for takeoff. The best part? Mos...Crypto 101 Media | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Synovus Financial Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Share Synovus Financial With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.