NYSE:SNV - Synovus Financial Stock Price, Price Target & More

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

Synovus Financial declared a quarterly dividend on Friday, June 8th. Shareholders of record on Thursday, June 21st will be given a dividend of $0.25 per share on Monday, July 2nd. This represents a $1.00 annualized dividend and a yield of 1.83%. The ex-dividend date is Wednesday, June 20th. View Synovus Financial's Dividend History.

Synovus Financial announced that its Board of Directors has approved a share buyback program on Wednesday, January 24th 2018, which allows the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board of directors believes its stock is undervalued.

Synovus Financial Corp. (NYSE:SNV) issued its quarterly earnings data on Tuesday, April, 24th. The bank reported $0.86 earnings per share for the quarter, beating analysts' consensus estimates of $0.78 by $0.08. The bank had revenue of $341.30 million for the quarter, compared to analyst estimates of $343.04 million. Synovus Financial had a net margin of 19.87% and a return on equity of 12.29%. The business's revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.57 earnings per share. View Synovus Financial's Earnings History.

Synovus Financial is scheduled to release their next quarterly earnings announcement on Tuesday, July, 17th 2018. View Earnings Estimates for Synovus Financial.

14 Wall Street analysts have issued 1-year price objectives for Synovus Financial's stock. Their forecasts range from $42.00 to $57.00. On average, they anticipate Synovus Financial's stock price to reach $52.9286 in the next year. View Analyst Ratings for Synovus Financial.

Some companies that are related to Synovus Financial include KeyCorp (KEY), Regions Financial (RF), BANCO DO BRASIL/S (BDORY), Shinhan Financial Group (SHG), Huntington Bancshares (HBAN), Comerica (CMA), Zions Bancorp (ZION), Cullen/Frost Bankers (CFR), PacWest Bancorp (PACW), CIT Group (CIT), BOK Financial (BOKF), First Horizon National (FHN), Webster Financial (WBS), Akbank T.A.S. (AKBTY) and Sterling Bancorp (STL).

News articles about SNV stock have trended somewhat positive on Saturday, according to Accern. The research firm rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Synovus Financial earned a coverage optimism score of 0.07 on Accern's scale. They also gave press coverage about the bank an impact score of 46.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Synovus Financial's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.05%), Synovus Financial Corp (5.03%), Millennium Management LLC (3.03%), Eagle Asset Management Inc. (2.79%), Victory Capital Management Inc. (1.93%) and Carillon Tower Advisers Inc. (1.44%). Company insiders that own Synovus Financial stock include Allan E Kamensky, Allen J Gula, Curtis J Perry, D Wayne Akins Jr, Jeffrey Barton Singleton, Kevin Joseph Howard, Liliana C Mcdaniel, 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 Carillon Tower Advisers Inc., Victory Capital Management Inc., JPMorgan Chase & Co., Thrivent Financial for Lutherans, Hsbc Holdings PLC, Prudential Financial Inc., Hancock Holding Co. and Dupont Capital Management Corp. Company insiders that have sold Synovus Financial company stock in the last year include Allen J Gula, Curtis J Perry, Kevin Joseph Howard, Mark G Holladay, Philip W Tomlinson and R Dallis Copeland Jr. View Insider Buying and Selling for Synovus Financial.

SNV stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, MUFG Securities EMEA plc, Summit Trail Advisors LLC, Caisse DE Depot ET Placement DU Quebec, Highbridge Capital Management LLC, Russell Investments Group Ltd., Eagle Asset Management Inc. and Allianz Asset Management GmbH. Company insiders that have bought Synovus Financial stock in the last two years include Allan E Kamensky, Allen J Gula, 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 $54.73.

Synovus Financial has a market capitalization of $6.49 billion and generates $1.51 billion in revenue each year. The bank earns $275.47 million in net income (profit) each year or $2.53 on an earnings per share basis. Synovus Financial employs 4,541 workers across the globe.

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]