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

Sign in or create an account to add this stock to your watchlist.
$39.26 +1.16 (+3.04 %)
(As of 02/17/2019 09:35 AM ET)
Previous Close$39.26
Today's Range$38.2850 - $39.49
52-Week Range$29.93 - $57.40
Volume2.51 million shs
Average Volume3.00 million shs
Market Capitalization$4.57 billion
P/E Ratio10.79
Dividend Yield2.62%
Beta1.23
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 cash 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 various types of demand and savings deposits; mortgage, installment, and other retail loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfer services; Internet based banking services; and bank credit card services, including MasterCard and Visa 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, 2017, it operated through 28 divisions and 250 branches in Georgia, Alabama, South Carolina, Florida, and Tennessee. Synovus Financial Corporation was founded in 1888 and is headquartered in Columbus, Georgia.

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.

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
CUSIP87161C10
Phone706-649-2311

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.62 billion
Cash Flow$3.9898 per share
Book Value$25.25 per share

Profitability

Net Income$428.47 million

Miscellaneous

Employees4,541
Market Cap$4.57 billion
OptionableOptionable

Synovus Financial (NYSE:SNV) Frequently Asked Questions

What is Synovus Financial's stock symbol?

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

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

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.

How will Synovus Financial's stock buyback program work?

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.

How were Synovus Financial's earnings last quarter?

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.

When is Synovus Financial's next earnings date?

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

What price target have analysts set for SNV?

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.

What is the consensus analysts' recommendation 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.

Has Synovus Financial been receiving favorable news coverage?

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.

Are investors shorting Synovus Financial?

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.

Who are some of Synovus Financial's key competitors?

Who are Synovus Financial's key executives?

Synovus Financial's management team includes the folowing people:
  • Mr. Kessel D. Stelling Jr., Chairman, Pres & CEO (Age 63)
  • Mr. Kevin S. Blair, Sr. EVP, COO & Interim CFO (Age 48)
  • Mr. Allan E. Kamensky, Exec. VP, Gen. Counsel & Corp. Sec. (Age 57)
  • Mr. Jeffrey Barton Singleton, Exec. VP & Pres of Financial Management Services (Age 55)
  • Ms. Jill K. Hurley, Chief Accounting Officer

Who are Synovus Financial's major shareholders?

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.

Which major investors are selling Synovus Financial stock?

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.

Which major investors are buying Synovus Financial stock?

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.

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, Scottrade, Fidelity and Charles Schwab.

What is Synovus Financial's stock price today?

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

How big of a company is Synovus Financial?

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.

What is Synovus Financial's official website?

The official website for Synovus Financial is http://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]


MarketBeat Community Rating for Synovus Financial (NYSE SNV)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  265 (Vote Outperform)
Underperform Votes:  422 (Vote Underperform)
Total Votes:  687
MarketBeat's community ratings are surveys of what our community members think about Synovus Financial and other stocks. Vote "Outperform" if you believe SNV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SNV will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/17/2019 by MarketBeat.com Staff

Featured Article: What is the Quick Ratio?

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.

Yahoo Gemini Pixel