NYSE:SNV - Synovus Financial Stock Price, News, & Analysis

Synovus Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "SNV."

Synovus Financial declared a quarterly dividend on Monday, December 3rd. Stockholders of record on Thursday, December 20th will be given a dividend of $0.25 per share on Wednesday, January 2nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.55%. The ex-dividend date is Wednesday, December 19th. View Synovus Financial's Dividend History.

Synovus Financial announced that its board has authorized a share repurchase plan on Wednesday, January 24th 2018, which permits the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board of directors believes its shares are undervalued.

Synovus Financial Corp. (NYSE:SNV) posted its earnings results on Tuesday, January, 15th. The bank reported $0.92 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.94 by $0.02. The bank earned $365.90 million during the quarter, compared to the consensus estimate of $370.64 million. Synovus Financial had a return on equity of 15.68% and a net margin of 26.38%. The business's revenue for the quarter was up 7.9% on a year-over-year basis. During the same period last year, the company earned $0.70 EPS. View Synovus Financial's Earnings History.

Synovus Financial is scheduled to release their next quarterly earnings announcement on Tuesday, April 23rd 2019. View Earnings Estimates for Synovus Financial.

13 analysts have issued 1 year price objectives for Synovus Financial's shares. Their predictions range from $30.73 to $57.00. On average, they expect Synovus Financial's share price to reach $45.8845 in the next twelve months. This suggests a possible upside of 16.9% from the stock's current price. View Analyst Price Targets for Synovus Financial.

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

Media coverage about SNV stock has been trending positive recently, according to InfoTrie. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Synovus Financial earned a news sentiment score of 2.4 on InfoTrie's scale. They also assigned headlines about the bank a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the next several days.

Synovus Financial saw a drop in short interest in January. As of January 15th, there was short interest totalling 5,528,166 shares, a drop of 45.9% from the December 31st total of 10,226,851 shares. Based on an average trading volume of 3,587,858 shares, the short-interest ratio is currently 1.5 days. Approximately 4.8% of the company's shares are sold short. View Synovus Financial's Current Options Chain.

Some companies that are related to Synovus Financial include Shinhan Financial Group (SHG), KeyCorp (KEY), DANSKE BK A/S/S (DNKEY), Regions Financial (RF), Huntington Bancshares (HBAN), Comerica (CMA), Zions Bancorporation NA (ZION), Cullen/Frost Bankers (CFR), BOK Financial (BOKF), CIT Group (CIT), Webster Financial (WBS), First Horizon National (FHN), PacWest Bancorp (PACW), Akbank T.A.S. (AKBTY) and Pinnacle Financial Partners (PNFP).

Synovus Financial's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.10%), Synovus Financial Corp (5.15%), Millennium Management LLC (2.66%), Bank of New York Mellon Corp (2.07%), Victory Capital Management Inc. (1.93%) and Dimensional Fund Advisors LP (1.88%). Company insiders that own Synovus Financial stock include Allan E Kamensky, Allen J Gula, Curtis J Perry, D Wayne Akins Jr, Diana M Murphy, Elizabeth W Camp, Jeffrey Barton Singleton, Kessel D Stelling, Kevin Joseph Howard, Kevin S Blair, Mark G Holladay, Philip W Tomlinson and R Dallis Copeland Jr. View Institutional Ownership Trends for Synovus Financial.

SNV stock was sold by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Millennium Management LLC, Martingale Asset Management L P, Brown Advisory Inc., PNC Financial Services Group Inc., Hancock Whitney Corp, First Trust Advisors LP and New York State Common Retirement Fund. Company insiders that have sold Synovus Financial company stock in the last year include Allen J Gula and Curtis J Perry. View Insider Buying and Selling for Synovus Financial.

SNV stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Oregon Public Employees Retirement Fund, Two Sigma Investments LP, Bank of New York Mellon Corp, Two Sigma Advisers LP, Los Angeles Capital Management & Equity Research Inc., Dimensional Fund Advisors LP and Geode Capital Management LLC. Company insiders that have bought Synovus Financial stock in the last two years include Allan E Kamensky, Allen J Gula, Diana M Murphy, Elizabeth W Camp, Kessel D Stelling, Kevin S Blair, Mark G Holladay and Philip W Tomlinson. View Insider Buying and Selling for 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.

One share of SNV stock can currently be purchased for approximately $39.26.

Synovus Financial has a market capitalization of $4.57 billion and generates $1.62 billion in revenue each year. The bank earns $428.47 million in net income (profit) each year or $3.64 on an earnings per share basis. Synovus Financial employs 4,541 workers across the globe.

The official website for Synovus Financial is http://www.synovus.com.

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]