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

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$55.40 -0.14 (-0.25 %)
(As of 06/20/2018 04:00 PM ET)
Previous Close$55.40
Today's Range$55.36 - $56.11
52-Week Range$40.27 - $57.40
Volume416,719 shs
Average Volume833,939 shs
Market Capitalization$6.58 billion
P/E Ratio21.90
Dividend Yield1.80%
Beta1.06
Synovus Financial logoSynovus 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.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.66
Current Ratio0.97
Quick Ratio0.97

Price-To-Earnings

Trailing P/E Ratio21.90
Forward P/E Ratio15.47
P/E Growth1.94

Sales & Book Value

Annual Sales$1.51 billion
Price / Sales4.36
Cash Flow$3.1821 per share
Price / Cash17.41
Book Value$23.85 per share
Price / Book2.32

Profitability

EPS (Most Recent Fiscal Year)$2.53
Net Income$275.47 million
Net Margins19.87%
Return on Equity12.29%
Return on Assets1.12%

Miscellaneous

Employees4,541
Outstanding Shares118,640,000

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 announced a quarterly dividend on Friday, June 8th. Investors 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 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date of this dividend is Wednesday, June 20th. View Synovus Financial's Dividend History.

How will Synovus Financial's stock buyback program work?

Synovus Financial declared that its board has authorized a share repurchase plan on Wednesday, January 24th 2018, which authorizes the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's leadership believes its shares are undervalued.

How were Synovus Financial's earnings last quarter?

Synovus Financial Corp. (NYSE:SNV) released its quarterly earnings results on Tuesday, April, 24th. The bank reported $0.86 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.78 by $0.08. The bank had revenue of $341.30 million for the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same period last year, the firm earned $0.57 earnings per share. 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 Monday, July, 16th 2018. View Earnings Estimates for Synovus Financial.

What price target have analysts set for SNV?

14 analysts have issued twelve-month target prices 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.

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 62)
  • Mr. Kevin S. Blair, Exec. VP & CFO (Age 47)
  • Mr. Allen J. Gula Jr., David Abee, Exec. VP & COO (Age 63)
  • Mr. Allan E. Kamensky, Exec. VP, Gen. Counsel & Corp. Sec. (Age 56)
  • Mr. Jeffrey Barton Singleton, Exec. VP & Pres of Financial Management Services (Age 54)

Has Synovus Financial been receiving favorable news coverage?

News stories about SNV stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, 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 assigned media headlines about the bank an impact score of 46.90 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.

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. (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.

Which major investors are selling Synovus Financial stock?

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.

Which major investors are buying Synovus Financial stock?

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. 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 $55.40.

How big of a company is Synovus Financial?

Synovus Financial has a market capitalization of $6.58 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.

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 (SNV)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  209 (Vote Outperform)
Underperform Votes:  357 (Vote Underperform)
Total Votes:  566
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 6/20/2018 by MarketBeat.com Staff

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