NYSE:SNV - Synovus Financial Stock Price, Price Target & More

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$54.61 +0.37 (+0.68 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$54.24
Today's Range$53.96 - $54.68
52-Week Range$40.27 - $57.40
Volume1.16 million shs
Average Volume868,860 shs
Market Capitalization$6.40 billion
P/E Ratio21.42
Dividend Yield1.85%
Beta1.1
Synovus Financial logoSynovus 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 cash management, asset management, capital market, and institutional trust services, as well as commercial, financial, and real estate loans. Its retail banking services consist of accepting various types of demand and savings deposits; mortgage, installment, and other retail loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfer services; Internet based banking services; and bank credit card services, including MasterCard and Visa 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, asset management and financial planning services, and individual investment advice on equity and other securities, as well as trust services. As of December 31, 2017, it operated through 28 divisions and 250 branches in Georgia, Alabama, South Carolina, Florida, and Tennessee. Synovus Financial Corporation was founded in 1888 and is headquartered in Columbus, Georgia.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNYSE:SNV
CUSIP87161C10
Phone706-649-2311

Debt

Debt-to-Equity Ratio0.66
Current Ratio0.97
Quick Ratio0.97

Price-To-Earnings

Trailing P/E Ratio21.42
Forward P/E Ratio15.25
P/E Growth1.88

Sales & Book Value

Annual Sales$1.51 billion
Price / Sales4.30
Cash Flow$3.2237 per share
Price / Cash16.94
Book Value$23.85 per share
Price / Book2.29

Profitability

EPS (Most Recent Fiscal Year)$2.53
Net Income$275.47 million
Net Margins19.87%
Return on Equity12.29%
Return on Assets1.12%

Miscellaneous

Employees4,541
Outstanding Shares118,640,000
Market Cap$6,395.90

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 announced a quarterly dividend on Friday, June 8th. Stockholders of record on Thursday, June 21st will be paid a dividend of $0.25 per share on Monday, July 2nd. This represents a $1.00 annualized dividend and a dividend yield of 1.83%. The ex-dividend date is Wednesday, June 20th. View Synovus Financial's Dividend History.

How will Synovus Financial's stock buyback program work?

Synovus Financial announced that its board has approved a stock buyback program on Wednesday, January 24th 2018, which authorizes the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board believes its stock is undervalued.

How were Synovus Financial's earnings last quarter?

Synovus Financial Corp. (NYSE:SNV) announced its quarterly earnings data on Tuesday, April, 24th. The bank reported $0.86 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.78 by $0.08. The bank had revenue of $341.30 million for the quarter, compared to analysts' expectations of $343.04 million. Synovus Financial had a return on equity of 12.29% and a net margin of 19.87%. The business's revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.57 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, July, 24th 2018. View Earnings Estimates for Synovus Financial.

What price target have analysts set for SNV?

13 equities research analysts have issued twelve-month price targets for Synovus Financial's stock. Their predictions range from $42.00 to $57.00. On average, they anticipate Synovus Financial's share price to reach $53.0769 in the next twelve months. This suggests that the stock has a possible downside of 2.8%. View Analyst Ratings for Synovus Financial.

What is the consensus analysts' recommendation for Synovus Financial?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synovus Financial in the last year. There are currently 10 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Who are some of Synovus Financial's key competitors?

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 62)
  • Mr. Kevin S. Blair, Exec. VP & CFO (Age 47)
  • Mr. Allen J. Gula Jr., David Abee, Exec. VP & COO (Age 63)
  • Mr. Allan E. Kamensky, Exec. VP, Gen. Counsel & Corp. Sec. (Age 56)
  • Mr. Jeffrey Barton Singleton, Exec. VP & Pres of Financial Management Services (Age 54)

Has Synovus Financial been receiving favorable news coverage?

Media headlines about SNV stock have trended somewhat positive recently, Accern reports. The research group ranks the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Synovus Financial earned a daily sentiment score of 0.15 on Accern's scale. They also gave news articles about the bank an impact score of 45.62 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Who are Synovus Financial's major shareholders?

Synovus Financial's stock is owned by a number of of institutional and retail investors. Top institutional investors include Sippican Capital Advisors (0.04%), Bank of Montreal Can (0.04%), James Investment Research Inc. (0.03%), Assenagon Asset Management S.A. (0.03%), Municipal Employees Retirement System of Michigan (0.02%) and Cornerstone Wealth Management LLC (0.02%). Company insiders that own Synovus Financial stock include Allan E Kamensky, Allen J Gula, Curtis J Perry, D Wayne Akins Jr, Jeffrey Barton Singleton, Kevin Joseph Howard, Liliana C Mcdaniel, Mark G Holladay, Philip W Tomlinson and R Dallis Copeland Jr. View Institutional Ownership Trends for Synovus Financial.

Which major investors are selling Synovus Financial stock?

SNV stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Clinton Group Inc., Municipal Employees Retirement System of Michigan and Sippican Capital Advisors. Company insiders that have sold Synovus Financial company stock in the last year include Allen J Gula, Curtis J Perry, Kevin Joseph Howard, Mark G Holladay, Philip W Tomlinson and R Dallis Copeland Jr. View Insider Buying and Selling for Synovus Financial.

Which major investors are buying Synovus Financial stock?

SNV stock was bought by a variety of institutional investors in the last quarter, including James Investment Research Inc., Assenagon Asset Management S.A., Cornerstone Wealth Management LLC, First Citizens Bank & Trust Co., Xact Kapitalforvaltning AB and State of Alaska Department of Revenue. Company insiders that have bought Synovus Financial stock in the last two years include Allan E Kamensky, Allen J Gula, 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, Scottrade, Fidelity and Charles Schwab.

What is Synovus Financial's stock price today?

One share of SNV stock can currently be purchased for approximately $54.61.

How big of a company is Synovus Financial?

Synovus Financial has a market capitalization of $6.40 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.

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:  1.9 out of 5 (star)
Outperform Votes:  218 (Vote Outperform)
Underperform Votes:  368 (Vote Underperform)
Total Votes:  586
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 7/20/2018 by MarketBeat.com Staff

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