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

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

Synovus Financial announced a quarterly dividend on Thursday, December 5th. Shareholders of record on Thursday, December 19th will be paid a dividend of $0.30 per share on Thursday, January 2nd. This represents a $1.20 annualized dividend and a yield of 3.28%. The ex-dividend date is Wednesday, December 18th. View Synovus Financial's Dividend History.

Synovus Financial Corp. (NYSE:SNV) issued its quarterly earnings data on Friday, January, 24th. The bank reported $0.94 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.97 by $0.03. The bank earned $498 million during the quarter, compared to the consensus estimate of $484.72 million. Synovus Financial had a net margin of 23.22% and a return on equity of 14.43%. The business's quarterly revenue was up 36.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.92 earnings per share. View Synovus Financial's Earnings History.

Synovus Financial is scheduled to release their next quarterly earnings announcement on Tuesday, April 28th 2020. View Earnings Estimates for Synovus Financial.

11 analysts have issued 12-month price objectives for Synovus Financial's shares. Their forecasts range from $39.00 to $49.00. On average, they anticipate Synovus Financial's share price to reach $43.60 in the next year. This suggests a possible upside of 19.0% from the stock's current price. View Analyst Price Targets for Synovus Financial.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synovus Financial in the last year. There are currently 1 hold rating, 9 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 extremely negative this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Synovus Financial earned a news sentiment score of -4.5 on InfoTrie's scale. They also gave news coverage about the bank a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Synovus Financial.

Synovus Financial saw a drop in short interest in December. As of December 31st, there was short interest totalling 2,900,000 shares, a drop of 9.9% from the December 15th total of 3,220,000 shares. Based on an average daily trading volume, of 1,250,000 shares, the days-to-cover ratio is currently 2.3 days. Approximately 2.0% of the shares of the company are short sold. View Synovus Financial's Current Options Chain.

Some companies that are related to Synovus Financial include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), First Republic Bank (FRC), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Signature Bank (SBNY), Commerce Bancshares (CBSH), East West Bancorp (EWBC) and TCF Financial (TCF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Synovus Financial investors own include Energy Transfer LP Unit (ET), Huntington Bancshares (HBAN), Bank of America (BAC), Citigroup (C), Pfizer (PFE), AT&T (T), Wells Fargo & Co (WFC), Ford Motor (F), Total System Services (TSS) and CBL & Associates Properties (CBL).

Synovus Financial's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Scout Investments Inc. (0.72%), Strs Ohio (0.12%), Steward Partners Investment Advisory LLC (0.05%), M&R Capital Management Inc. (0.04%), State of Michigan Retirement System (0.03%) and Louisiana State Employees Retirement System (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 and Philip W Tomlinson. View Institutional Ownership Trends for Synovus Financial.

SNV stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., SeaCrest Wealth Management LLC, FinTrust Capital Advisors LLC, State of Alaska Department of Revenue, M&R Capital Management Inc., IFP Advisors Inc, State of Michigan Retirement System and Louisiana State Employees Retirement System. View Insider Buying and Selling for Synovus Financial.

SNV stock was purchased by a variety of institutional investors in the last quarter, including Strs Ohio, Cerebellum GP LLC, AE Wealth Management LLC, Murphy Middleton Hinkle & Parker Inc., Advisor Partners LLC, Nachman Norwood & Parrott Inc, Janney Montgomery Scott LLC and Steward Partners Investment Advisory LLC. 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 $36.64.

Synovus Financial has a market capitalization of $5.37 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]