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

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

Synovus Financial declared a quarterly dividend on Tuesday, September 4th. Stockholders of record on Thursday, September 20th will be paid a dividend of $0.25 per share on Monday, October 1st. This represents a $1.00 annualized dividend and a dividend yield of 2.10%. The ex-dividend date is Wednesday, September 19th. View Synovus Financial's Dividend History.

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

Synovus Financial Corp. (NYSE:SNV) posted its earnings results on Tuesday, July, 24th. The bank reported $0.92 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.88 by $0.04. The bank had revenue of $359.30 million for the quarter, compared to analysts' expectations of $356.60 million. Synovus Financial had a return on equity of 13.61% and a net margin of 21.47%. Synovus Financial's revenue for the quarter was up 12.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.61 earnings per share. View Synovus Financial's Earnings History.

Synovus Financial is scheduled to release their next quarterly earnings announcement on Tuesday, October, 16th 2018. View Earnings Estimates for Synovus Financial.

11 analysts have issued twelve-month price targets for Synovus Financial's stock. Their forecasts range from $31.00 to $57.00. On average, they expect Synovus Financial's share price to reach $51.8333 in the next twelve months. This suggests a possible upside of 8.8% 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 9 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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), BOK Financial (BOKF), PacWest Bancorp (PACW), CIT Group (CIT), First Horizon National (FHN), Webster Financial (WBS), Sterling Bancorp (STL) and Pinnacle Financial Partners (PNFP).

Synovus Financial's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.07%), Synovus Financial Corp (5.03%), Eagle Asset Management Inc. (2.96%), Millennium Management LLC (2.73%), Carillon Tower Advisers Inc. (2.19%) and Victory Capital Management Inc. (1.60%). Company insiders that own Synovus Financial stock include Allan E Kamensky, Allen J Gula, Curtis J Perry, D Wayne Akins Jr, Diana M Murphy, Jeffrey Barton Singleton, Kevin Joseph Howard, Kevin S Blair, 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 Victory Capital Management Inc., FMR LLC, Millennium Management LLC, EJF Capital LLC, Pzena Investment Management LLC, Canada Pension Plan Investment Board, Bank of Montreal Can and Renaissance Technologies LLC. Company insiders that have sold Synovus Financial company stock in the last year include Allen J Gula, Curtis J Perry, Mark G Holladay, Philip W Tomlinson and R Dallis Copeland Jr. View Insider Buying and Selling for Synovus Financial.

SNV stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Carillon Tower Advisers Inc., PNC Financial Services Group Inc., First Trust Advisors LP, Eagle Asset Management Inc., Smith Asset Management Group LP, BNP Paribas Arbitrage SA and Bank of America Corp DE. Company insiders that have bought Synovus Financial stock in the last two years include Allan E Kamensky, Allen J Gula, Diana M Murphy, 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, Scottrade, Fidelity and Charles Schwab.

One share of SNV stock can currently be purchased for approximately $47.65.

Synovus Financial has a market capitalization of $5.62 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.

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]