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

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

Synovus Financial announced a -- dividend on Thursday, September 5th. Shareholders of record on Thursday, September 19th will be paid a dividend of $0.30 per share on Tuesday, October 1st. This represents a yield of 3.3%. The ex-dividend date is Wednesday, September 18th. View Synovus Financial's Dividend History.

Synovus Financial declared that its board has approved a share repurchase program on Wednesday, January 24th 2018, which allows the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its shares are undervalued.

Synovus Financial Corp. (NYSE:SNV) posted its quarterly earnings results on Tuesday, October, 23rd. The bank reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.03. The bank earned $363.29 million during the quarter, compared to analysts' expectations of $368.24 million. Synovus Financial had a net margin of 24.15% and a return on equity of 15.11%. The firm's revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.78 EPS. View Synovus Financial's Earnings History.

Synovus Financial is scheduled to release their next quarterly earnings announcement on Tuesday, October 22nd 2019. View Earnings Estimates for Synovus Financial.

Synovus Financial will be holding an earnings conference call on Tuesday, October 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

15 Wall Street analysts have issued 1 year price objectives for Synovus Financial's shares. Their forecasts range from $30.73 to $49.00. On average, they anticipate Synovus Financial's stock price to reach $42.75 in the next year. This suggests a possible upside of 21.8% from the stock's current price. View Analyst Price Targets for Synovus Financial.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synovus Financial in the last year. There are currently 14 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Synovus Financial.

News headlines about SNV stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Synovus Financial earned a daily sentiment score of -1.9 on InfoTrie's scale. They also gave media headlines about the bank a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Synovus Financial.

Synovus Financial saw a decline in short interest in September. As of September 30th, there was short interest totalling 3,530,000 shares, a decline of 22.6% from the August 30th total of 4,560,000 shares. Based on an average trading volume of 1,390,000 shares, the short-interest ratio is presently 2.5 days. Approximately 2.3% of the company's shares are sold short. View Synovus Financial's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Synovus Financial investors own include Energy Transfer LP Unit (ET), Citigroup (C), Total System Services (TSS), Cornerstone Total Return Fund (CRF), Bank of America (BAC), CBL & Associates Properties (CBL), SandRidge Permian Trust (PER), SunCoke Energy Partners (SXCP), Huntington Bancshares (HBAN) and Ford Motor (F).

Synovus Financial's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (0.72%), M&R Capital Management Inc. (0.04%), Pacer Advisors Inc. (0.04%), SeaCrest Wealth Management LLC (0.02%), State of Alaska Department of Revenue (0.02%) and Envestnet Asset Management Inc. (0.02%). Company insiders that own Synovus Financial stock include Allan E Kamensky, Allen J Gula, Barry L Storey, Curtis J Perry, Diana M Murphy, Elizabeth W Camp, Kessel D Stelling, 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 Pacer Advisors Inc., Cerebellum GP LLC, Cerebellum GP LLC, Sippican Capital Advisors, Crossmark Global Holdings Inc. and Landsberg Bennett & Dubbaneh LLC. Company insiders that have sold Synovus Financial company stock in the last year include Allen J Gula and Mark G Holladay. View Insider Buying and Selling for Synovus Financial.

SNV stock was bought by a variety of institutional investors in the last quarter, including Scout Investments Inc., M&R Capital Management Inc., State of Alaska Department of Revenue, Envestnet Asset Management Inc., Valeo Financial Advisors LLC, SeaCrest Wealth Management LLC and Meeder Asset Management Inc.. Company insiders that have bought Synovus Financial stock in the last two years include Allan E Kamensky, Allen J Gula, Barry L Storey, 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, Robinhood, Fidelity and Charles Schwab.

One share of SNV stock can currently be purchased for approximately $35.09.

Synovus Financial has a market capitalization of $5.36 billion and generates $1.62 billion in revenue each year. The bank earns $428.48 million in net income (profit) each year or $3.64 on an earnings per share basis. Synovus Financial employs 4,651 workers across the globe.View Additional Information About Synovus Financial.

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]