NYSE:SNV Synovus Financial (SNV) Stock Price, News & Analysis $47.63 +0.85 (+1.82%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$46.91▼$47.7150-Day Range$36.34▼$47.6352-Week Range$24.40▼$47.76Volume1.20 million shsAverage Volume1.44 million shsMarket Capitalization$6.97 billionP/E Ratio16.31Dividend Yield3.19%Price Target$45.81 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Synovus Financial alerts: Email Address Synovus Financial MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.63 Rating ScoreUpside/Downside3.8% Downside$45.81 Price TargetShort InterestHealthy3.95% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.71Upright™ Environmental ScoreNews Sentiment0.65Based on 22 Articles This WeekInsider TradingSelling Shares$4.56 M Sold Last QuarterProj. Earnings Growth16.00%From $4.00 to $4.64 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.86 out of 5 starsFinance Sector30th out of 898 stocksNational Commercial Banks Industry8th out of 88 stocks 2.3 Analyst's Opinion Consensus RatingSynovus Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 10 buy ratings, 6 hold ratings, and no sell ratings.Amount of Analyst CoverageSynovus Financial has been the subject of 11 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. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.95% 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 4.3.Change versus previous monthShort interest in Synovus Financial has recently decreased by 9.45%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldSynovus Financial pays a meaningful dividend of 3.32%, 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 32.76% next year. This indicates that Synovus Financial will be able to sustain or increase its dividend.Read more about Synovus Financial's dividend. Previous Next 2.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSynovus Financial has received a 16.08% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Wholesale banking", "Mortgages provided by brick and mortar banks", and "Home equity loans" products. See details.Environmental SustainabilityThe Environmental Impact score for Synovus Financial is -0.71. Previous Next 3.7 News and Social Media Coverage News SentimentSynovus Financial has a news sentiment score of 0.65. 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 0.49 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 22 news articles for Synovus Financial this week, compared to 5 articles on an average week.Search Interest6 people have searched for SNV on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.MarketBeat Follows5 people have added Synovus Financial to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Synovus Financial insiders have sold 397.35% more of their company's stock than they have bought. Specifically, they have bought $916,300.00 in company stock and sold $4,557,245.00 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. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Synovus Financial are expected to grow by 16.00% in the coming year, from $4.00 to $4.64 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Synovus Financial is 16.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.75.Price to Earnings Ratio vs. SectorThe P/E ratio of Synovus Financial is 16.31, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.89.Price to Earnings Growth RatioSynovus Financial has a PEG Ratio of 3.62. 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 1.54. 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. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap Profits625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.>> Dive into the Workshop Here About Synovus Financial Stock (NYSE:SNV)Synovus 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 SNV Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SNV Stock News HeadlinesJuly 26 at 3:22 AM | nz.finance.yahoo.comSynovus Financial Corp. (SYU1.F)July 23, 2024 | americanbankingnews.comSynovus Financial (NYSE:SNV) Price Target Increased to $41.00 by Analysts at Morgan StanleyJuly 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 23, 2024 | markets.businessinsider.comTruist Financial Reaffirms Their Buy Rating on Synovus (SNV)July 23, 2024 | americanbankingnews.comBrokers Offer Predictions for Synovus Financial Corp.'s Q3 2024 Earnings (NYSE:SNV)July 22, 2024 | markets.businessinsider.comSynovus: Balancing Strong Revenue Growth Prospects with Loan Growth and Expense ChallengesJuly 22, 2024 | markets.businessinsider.comRBC Capital Sticks to Its Buy Rating for Synovus (SNV)July 22, 2024 | seekingalpha.comSynovus Financial: Switching Preferred Shares On Better Yield OpportunityJuly 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 21, 2024 | americanbankingnews.comStephens Increases Synovus Financial (NYSE:SNV) Price Target to $46.00July 21, 2024 | americanbankingnews.comSynovus Financial (NYSE:SNV) PT Raised to $55.00 at DA DavidsonJuly 20, 2024 | americanbankingnews.comSynovus Financial (NYSE:SNV) Price Target Increased to $50.00 by Analysts at Truist FinancialJuly 20, 2024 | americanbankingnews.comSynovus Financial (NYSE:SNV) Price Target Raised to $49.00 at Royal Bank of CanadaJuly 20, 2024 | americanbankingnews.comSynovus Financial (NYSE:SNV) PT Raised to $47.00 at BarclaysJuly 19, 2024 | sg.finance.yahoo.comSNV Aug 2024 38.000 callJuly 19, 2024 | finance.yahoo.comSynovus announces earnings for second quarter 2024July 19, 2024 | washingtonpost.comSynovus: Q2 Earnings SnapshotJuly 19, 2024 | msn.comSynovus Q2 earnings climb past consensus, driven by margin expansion, fee incomeSee More Headlines 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 Company Calendar Ex-Dividend for 7/1 Dividend6/20/2024Dividend Payable7/01/2024Last Earnings7/17/2024Today7/26/2024Next Earnings (Estimated)10/16/2024Fiscal Year End12/31/2024Get 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$45.81 High Stock Price Target$55.00 Low Stock Price Target$40.00 Potential Upside/Downside-3.3%Consensus RatingModerate Buy Rating Score (0-4)2.63 Research Coverage16 Analysts Profitability EPS (Most Recent Fiscal Year)$2.92 Trailing P/E Ratio16.22 Forward P/E Ratio11.84 P/E Growth3.62Net Income$543.71 million Net Margins8.40% Pretax Margin10.69% Return on Equity12.76% Return on Assets0.95% Debt Debt-to-Equity Ratio0.50 Current Ratio0.90 Quick Ratio0.89 Sales & Book Value Annual Sales$3.45 billion Price / Sales2.01 Cash Flow$5.19 per share Price / Cash Flow9.13 Book Value$31.00 per share Price / Book1.53Miscellaneous Outstanding Shares146,440,000Free Float145,254,000Market Cap$6.94 billion OptionableOptionable Beta1.40 Social Links The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. Kevin S. Blair (Age 53)CEO, President & Chairman Comp: $2.19MMr. Andrew Jamie Gregory Jr. (Age 48)Executive VP & CFO Comp: $1.18MMr. Daniel Zachary Bishop (Age 48)Executive VP and Head of Technology, Operations & Security Comp: $963.3kMr. D. Wayne Akins Jr. (Age 60)Chief Community Banking & Wealth Services Officer and Executive VP Comp: $889.76kMr. Kevin J. Howard (Age 59)Executive VP & Chief Wholesale Banking Officer Comp: $922.42kMs. Jill K. Hurley (Age 44)Chief Accounting Officer & Controller Mr. Thomas T. Dierdorff (Age 56)Executive VP and Head of Corporate & Investment Banking Ms. Jennifer Haskew Demba C.F.A.Director of Investor RelationsMr. Allan E. Kamensky Esq. (Age 62)Executive VP & General Counsel Comp: $847.57kMs. Gloria C. BanksExecutive VP & Chief Compliance and Ethics OfficerMore ExecutivesKey CompetitorsHuntington BancsharesNASDAQ:HBANRegions FinancialNYSE:RFKeyCorpNYSE:KEYEast West BancorpNASDAQ:EWBCFirst HorizonNYSE:FHNView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpSold 89,929 shares on 7/26/2024Ownership: 1.394%Allspring Global Investments Holdings LLCSold 62,446 shares on 7/26/2024Ownership: 0.157%State of Michigan Retirement SystemSold 600 shares on 7/26/2024Ownership: 0.024%Louisiana State Employees Retirement SystemSold 700 shares on 7/24/2024Ownership: 0.028%Thomas T DierdorffSold 614 sharesTotal: $28,366.80 ($46.20/share)View All Insider TransactionsView All Institutional Transactions SNV Stock Analysis - Frequently Asked Questions How have SNV shares performed this year? Synovus Financial's stock was trading at $37.65 on January 1st, 2024. Since then, SNV stock has increased by 26.5% and is now trading at $47.63. View the best growth stocks for 2024 here. How were Synovus Financial's earnings last quarter? Synovus Financial Corp. (NYSE:SNV) released its earnings results on Wednesday, July, 17th. The bank reported $1.16 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.20. The business's revenue for the quarter was down .7% on a year-over-year basis. 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. Does Synovus Financial have any subsidiaries? Synovus Financial subsidiaries include Florida Community Bank. Who are Synovus Financial's major shareholders? Top institutional shareholders of Synovus Financial include Bank of New York Mellon Corp (1.39%), Wedge Capital Management L L P NC (0.78%), Retirement Systems of Alabama (0.36%) and Allspring Global Investments Holdings LLC (0.16%). 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 Energy Transfer (ET), AT&T (T), Citigroup (C), Bank of America (BAC), Huntington Bancshares (HBAN), Pfizer (PFE) and Ford Motor (F). This page (NYSE:SNV) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredNext opportunity for crypto millionsThe Bitcoin halving is the #1 creator of "crypto millionaires". That's because historically, every halving has...Crypto 101 Media | Sponsoredtop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligen...Traders Agency | SponsoredThe #1 Crypto for 2024 (3 Cent Coin)Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 diffe...True Market Insiders | SponsoredThe #1 Crypto for AIWe’ve issued an urgent landmark trade alert for a new crypto wonder. So, I decided to give you this heads-u...Weiss Ratings | SponsoredAlex's "Next Magnificent Seven" StocksToday Alex Green is releasing his new breakdown of AI's "Next Magnificent Seven." So please make some time ...The Oxford Club | SponsoredNEW AI developed by trader who won 1,129% (in 2 days)Earlier this year one legendary trader captured a 1,129% win (in just 2 days) ... LIVE in front of thousands o...Monument Traders Alliance | 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.
