Log in

NYSE:SNVSynovus Financial Stock Price, Forecast & News

+0.40 (+1.83 %)
(As of 08/11/2020 04:00 PM ET)
Today's Range
Now: $22.29
50-Day Range
MA: $19.85
52-Week Range
Now: $22.29
Volume1.32 million shs
Average Volume1.94 million shs
Market Capitalization$3.28 billion
P/E Ratio8.67
Dividend Yield6.03%
Synovus 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 treasury 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 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 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, asset management and financial planning services, and individual investment advice on equity and other securities, as well as trust services. As of December 31, 2018, it operated through 249 branches and 335 ATMs in Georgia, Alabama, South Carolina, Florida, and Tennessee. Synovus Financial Corp. was founded in 1888 and is headquartered in Columbus, Georgia.
Read More
Synovus Financial logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.0Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 3.8 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.71 out of 5 stars

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks



Sales & Book Value

Annual Sales$2.41 billion
Cash Flow$4.54 per share
Book Value$30.06 per share


Net Income$563.78 million


Market Cap$3.28 billion
Next Earnings Date10/27/2020 (Estimated)
+0.40 (+1.83 %)
(As of 08/11/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive SNV News and Ratings via Email

Sign-up to receive the latest news and ratings for SNV and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles

Synovus Financial (NYSE:SNV) Frequently Asked Questions

How has Synovus Financial's stock been impacted by COVID-19 (Coronavirus)?

Synovus Financial's stock was trading at $22.61 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SNV shares have decreased by 1.4% and is now trading at $22.29.
View which stocks have been most impacted by Coronavirus

Do Wall Street analysts recommend investors buy shares of Synovus Financial?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synovus Financial in the last year. There are currently 1 hold rating and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Synovus Financial

When is Synovus Financial's next earnings date?

Synovus Financial is scheduled to release its next quarterly earnings announcement on Tuesday, October 27th 2020.
View our earnings forecast for Synovus Financial

How were Synovus Financial's earnings last quarter?

Synovus Financial Corp. (NYSE:SNV) posted its earnings results on Tuesday, July, 21st. The bank reported $0.23 EPS for the quarter, beating the consensus estimate of $0.15 by $0.08. The bank earned $472.80 million during the quarter, compared to analysts' expectations of $450.30 million. Synovus Financial had a return on equity of 8.51% and a net margin of 17.25%. The firm's revenue was down 3.1% on a year-over-year basis. During the same period in the previous year, the business posted $1.00 EPS.
View Synovus Financial's earnings history

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

Synovus Financial declared a quarterly dividend on Monday, June 8th. Investors of record on Thursday, June 18th will be paid a dividend of $0.33 per share on Wednesday, July 1st. This represents a $1.32 dividend on an annualized basis and a dividend yield of 5.92%. The ex-dividend date of this dividend is Wednesday, June 17th.
View Synovus Financial's dividend history

What price target have analysts set for SNV?

10 Wall Street analysts have issued 1-year price targets for Synovus Financial's stock. Their forecasts range from $19.00 to $42.00. On average, they expect Synovus Financial's share price to reach $32.30 in the next twelve months. This suggests a possible upside of 44.9% from the stock's current price.
View analysts' price targets for Synovus Financial

Has Synovus Financial been receiving favorable news coverage?

Headlines about SNV stock have been trending very positive this week, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Synovus Financial earned a media sentiment score of 3.3 on InfoTrie's scale. They also gave press coverage about the bank a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days.
View the latest news about Synovus Financial

Are investors shorting Synovus Financial?

Synovus Financial saw a decline in short interest in July. As of July 31st, there was short interest totaling 4,010,000 shares, a decline of 10.3% from the July 15th total of 4,470,000 shares. Based on an average daily trading volume, of 1,960,000 shares, the short-interest ratio is currently 2.0 days. Approximately 2.8% of the company's shares are short sold.
View Synovus Financial's Short Interest

Who are some of Synovus Financial's key competitors?

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 LP Unit (ET), AT&T (T), Citigroup (C), Bank of America (BAC), Pfizer (PFE), Wells Fargo & Co (WFC), Ford Motor (F), AbbVie (ABBV), Huntington Bancshares (HBAN) and JPMorgan Chase & Co. (JPM).

Who are Synovus Financial's key executives?

Synovus Financial's management team includes the following people:
  • Mr. Kessel D. Stelling Jr., Chairman, Pres & CEO (Age 63)
  • Mr. Kevin S. Blair, Sr. EVP, COO & Interim CFO (Age 48)
  • Mr. Mark G. Holladay, Exec. VP & Chief Risk Officer (Age 64)
  • Mr. Jeffrey Barton Singleton, Exec. VP & Pres of Financial Management Services (Age 55)
  • Ms. Jill K. Hurley, Chief Accounting Officer (Age 39)

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 many different retail and institutional investors. Top institutional shareholders include Synovus Financial Corp (4.11%), Scout Investments Inc. (0.56%), LSV Asset Management (0.46%), First Trust Advisors LP (0.46%), Pzena Investment Management LLC (0.40%) and Principal Financial Group Inc. (0.37%). Company insiders that own Synovus Financial stock include Allen J Gula, Andrew J Jr Gregory, Barry L Storey, Elizabeth W Camp, Kessel D Stelling, Kevin S Blair, Mark G Holladay and Stephen T Butler.
View institutional ownership trends for Synovus Financial

Which institutional investors are selling Synovus Financial stock?

SNV stock was sold by a variety of institutional investors in the last quarter, including Prudential PLC, BHZ Capital Management LP, Synovus Financial Corp, Hancock Whitney Corp, Strs Ohio, Scout Investments Inc., Amalgamated Bank, and M&R Capital Management Inc..
View insider buying and selling activity for Synovus Financial

Which institutional investors are buying Synovus Financial stock?

SNV stock was acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, MERIAN GLOBAL INVESTORS UK Ltd, Monarch Partners Asset Management LLC, Peregrine Capital Management LLC, Mackay Shields LLC, LSV Asset Management, Hennessy Advisors Inc., and Foundry Partners LLC. Company insiders that have bought Synovus Financial stock in the last two years include Andrew J Jr Gregory, Barry L Storey, Elizabeth W Camp, Kessel D Stelling, Kevin S Blair, and Stephen T Butler.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Synovus Financial's stock price today?

One share of SNV stock can currently be purchased for approximately $22.29.

How big of a company is Synovus Financial?

Synovus Financial has a market capitalization of $3.28 billion and generates $2.41 billion in revenue each year. The bank earns $563.78 million in net income (profit) each year or $3.90 on an earnings per share basis. Synovus Financial employs 5,389 workers across the globe.

What is Synovus Financial's official website?

The official website for Synovus Financial is www.synovus.com.

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]

This page was last updated on 8/12/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.