S&P 500   4,567.18 (-0.06%)
DOW   36,124.56 (-0.22%)
QQQ   387.29 (+0.25%)
AAPL   193.42 (+2.11%)
MSFT   372.52 (+0.92%)
META   318.29 (-0.54%)
GOOGL   130.99 (+1.33%)
AMZN   146.88 (+1.41%)
TSLA   238.72 (+1.33%)
NVDA   465.66 (+2.33%)
NIO   7.43 (+1.37%)
BABA   72.39 (-0.88%)
AMD   118.38 (-0.16%)
T   17.22 (+3.36%)
F   10.60 (-0.93%)
MU   73.69 (-0.81%)
CGC   0.67 (-11.90%)
GE   120.24 (-1.06%)
DIS   90.80 (-1.32%)
AMC   7.03 (-6.15%)
PFE   29.09 (-0.65%)
PYPL   57.92 (-3.22%)
XOM   100.44 (-1.94%)
S&P 500   4,567.18 (-0.06%)
DOW   36,124.56 (-0.22%)
QQQ   387.29 (+0.25%)
AAPL   193.42 (+2.11%)
MSFT   372.52 (+0.92%)
META   318.29 (-0.54%)
GOOGL   130.99 (+1.33%)
AMZN   146.88 (+1.41%)
TSLA   238.72 (+1.33%)
NVDA   465.66 (+2.33%)
NIO   7.43 (+1.37%)
BABA   72.39 (-0.88%)
AMD   118.38 (-0.16%)
T   17.22 (+3.36%)
F   10.60 (-0.93%)
MU   73.69 (-0.81%)
CGC   0.67 (-11.90%)
GE   120.24 (-1.06%)
DIS   90.80 (-1.32%)
AMC   7.03 (-6.15%)
PFE   29.09 (-0.65%)
PYPL   57.92 (-3.22%)
XOM   100.44 (-1.94%)
S&P 500   4,567.18 (-0.06%)
DOW   36,124.56 (-0.22%)
QQQ   387.29 (+0.25%)
AAPL   193.42 (+2.11%)
MSFT   372.52 (+0.92%)
META   318.29 (-0.54%)
GOOGL   130.99 (+1.33%)
AMZN   146.88 (+1.41%)
TSLA   238.72 (+1.33%)
NVDA   465.66 (+2.33%)
NIO   7.43 (+1.37%)
BABA   72.39 (-0.88%)
AMD   118.38 (-0.16%)
T   17.22 (+3.36%)
F   10.60 (-0.93%)
MU   73.69 (-0.81%)
CGC   0.67 (-11.90%)
GE   120.24 (-1.06%)
DIS   90.80 (-1.32%)
AMC   7.03 (-6.15%)
PFE   29.09 (-0.65%)
PYPL   57.92 (-3.22%)
XOM   100.44 (-1.94%)
S&P 500   4,567.18 (-0.06%)
DOW   36,124.56 (-0.22%)
QQQ   387.29 (+0.25%)
AAPL   193.42 (+2.11%)
MSFT   372.52 (+0.92%)
META   318.29 (-0.54%)
GOOGL   130.99 (+1.33%)
AMZN   146.88 (+1.41%)
TSLA   238.72 (+1.33%)
NVDA   465.66 (+2.33%)
NIO   7.43 (+1.37%)
BABA   72.39 (-0.88%)
AMD   118.38 (-0.16%)
T   17.22 (+3.36%)
F   10.60 (-0.93%)
MU   73.69 (-0.81%)
CGC   0.67 (-11.90%)
GE   120.24 (-1.06%)
DIS   90.80 (-1.32%)
AMC   7.03 (-6.15%)
PFE   29.09 (-0.65%)
PYPL   57.92 (-3.22%)
XOM   100.44 (-1.94%)

Synovus Financial Stock Price, News & Analysis (NYSE:SNV)

$33.08
-0.63 (-1.87%)
(As of 12/5/2023 ET)
Compare
Today's Range
$32.98
$33.43
50-Day Range
$25.02
$33.72
52-Week Range
$24.40
$44.44
Volume
1.15 million shs
Average Volume
1.53 million shs
Market Capitalization
$4.84 billion
P/E Ratio
7.52
Dividend Yield
4.59%
Price Target
$33.75

Synovus Financial MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.70 Rating Score
Upside/​Downside
2.0% Upside
$33.75 Price Target
Short Interest
Healthy
3.95% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.79
Upright™ Environmental Score
News Sentiment
0.76mentions of Synovus Financial in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$5.06 M Bought Last Quarter
Proj. Earnings Growth
-12.32%
From $4.22 to $3.70 Per Share

Overall MarketRank

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

2.40 out of 5 stars

Finance Sector

288th out of 774 stocks

National Commercial Banks Industry

29th out of 74 stocks


SNV stock logo

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 loans. 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. 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, and trust 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.

SNV Stock Price History

SNV Stock News Headlines

Synovus Financial: Floating Preferred Offering 9.1% Yield
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Synovus: Potential Credit Losses Limit Upside
Synovus Financial Corp SNV
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Q3 2023 Synovus Financial Corp Earnings Call
Synovus (SNV) Q3 Earnings Miss Estimates, Provisions Rise
Synovus Financial (SNV) Lags Q3 Earnings Estimates
Synovus announces earnings for the third quarter 2023
Synovus names new president of wealth services
SNV Oct 2023 27.000 call
Wells Fargo Remains a Buy on Synovus (SNV)
See 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.

Company Calendar

Ex-Dividend for 10/2 Dividend
9/20/2023
Dividend Payable
10/02/2023
Last Earnings
10/19/2023
Today
12/05/2023
Ex-Dividend for 1/2 Dividend
12/20/2023
Fiscal Year End
12/31/2023
Dividend Payable
1/02/2024
Next Earnings (Estimated)
1/17/2024

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 Target
$33.75
High Stock Price Target
$39.00
Low Stock Price Target
$29.00
Potential Upside/Downside
+2.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.70
Research Coverage
10 Analysts

Profitability

Net Income
$757.90 million
Pretax Margin
25.68%

Debt

Sales & Book Value

Annual Sales
$2.27 billion
Cash Flow
$5.72 per share
Book Value
$27.08 per share

Miscellaneous

Free Float
143,902,000
Market Cap
$4.84 billion
Optionable
Optionable
Beta
1.39

Social Links

Beginners Guide To Retirement Stocks Cover

Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report














SNV Stock Analysis - Frequently Asked Questions

Should I buy or sell Synovus Financial stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Synovus Financial in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SNV shares.
View SNV analyst ratings
or view top-rated stocks.

What is Synovus Financial's stock price target for 2024?

10 Wall Street research analysts have issued 12 month price objectives for Synovus Financial's shares. Their SNV share price targets range from $29.00 to $39.00. On average, they anticipate the company's stock price to reach $33.75 in the next year. This suggests a possible upside of 2.0% 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 start of the year. Since then, SNV stock has decreased by 11.9% and is now trading at $33.09.
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 Wednesday, January 17th 2024.
View our SNV earnings forecast
.

How were Synovus Financial's earnings last quarter?

Synovus Financial Corp. (NYSE:SNV) released its earnings results on Thursday, October, 19th. The bank reported $0.84 earnings per share for the quarter, hitting analysts' consensus estimates of $0.84. The bank earned $550.30 million during the quarter, compared to analysts' expectations of $539.16 million. Synovus Financial had a trailing twelve-month return on equity of 17.48% and a net margin of 20.14%. The company's quarterly revenue was down 5.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.34 earnings per share.

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

Synovus Financial declared a quarterly dividend on Friday, December 1st. Investors of record on Thursday, December 21st will be paid a dividend of $0.38 per share on Tuesday, January 2nd. This represents a $1.52 annualized dividend and a yield of 4.59%. The ex-dividend date is Wednesday, December 20th.
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 4.62%. 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 34.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SNV will have a dividend payout ratio of 41.08% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SNV.

What guidance has Synovus Financial issued on next quarter's earnings?

Synovus Financial updated its FY 2023 earnings guidance on Thursday, October, 19th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.24 billion-$2.26 billion, compared to the consensus revenue estimate of $2.25 billion.

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).

Who are Synovus Financial's major shareholders?

Synovus Financial's stock is owned by many different institutional and retail investors. Top institutional shareholders include FMR LLC (7.32%), Wellington Management Group LLP (3.42%), North Reef Capital Management LP (3.07%), Charles Schwab Investment Management Inc. (2.54%), Bank of New York Mellon Corp (1.47%) and Morgan Stanley (1.22%). Insiders that own company stock include Allan E Kamensky, Andrew J Jr Gregory, Daniel Zachary Bishop, Diana M Murphy, Eli Samaha, 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.

Does Synovus Financial have any subsidiaries?
The following companies are subsidiares of Synovus Financial: Florida Community Bank.
Read More
This page (NYSE:SNV) was last updated on 12/5/2023 by MarketBeat.com Staff

My Account -