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S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13

Synovus Financial Stock Forecast, Price & News

$36.88
+0.83 (+2.30%)
(As of 07/1/2022 12:00 AM ET)
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Today's Range
$35.72
$37.12
50-Day Range
$34.60
$44.16
52-Week Range
$34.15
$54.40
Volume
926,498 shs
Average Volume
1.06 million shs
Market Capitalization
$5.36 billion
P/E Ratio
7.65
Dividend Yield
3.69%
Price Target
$56.17

Synovus Financial MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.89 Rating Score
Upside/​Downside
52.3% Upside
$56.17 Price Target
Short Interest
Bearish
2.86% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.41
Upright™ Environmental Score
News Sentiment
0.30mentions of Synovus Financial in the last 14 days
Based on 12 Articles This Week
Insider Trading
Acquiring Shares
$126.84 K Bought Last Quarter
Proj. Earnings Growth
12.64%
From $4.59 to $5.17 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

3.14 out of 5 stars

Finance Sector

22nd out of 1,355 stocks

National Commercial Banks Industry

9th out of 111 stocks

30 days | 90 days | 365 days | Advanced Chart

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Synovus Financial logo

About Synovus Financial (NYSE:SNV) Stock

Synovus Financial Corp. operates as the bank holding company for Synovus Bank that provides commercial and retail banking products and services. It operates through three segments: Community Banking, Wholesale Banking, and Financial Management Services. The company's commercial banking services include treasury management, asset management, capital market, and institutional trust services, as well as commercial, financial, and real estate loans. Its retail banking services comprise accepting customary types of demand and savings deposits accounts; mortgage, installment, and other consumer loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfers; Internet-based banking services; and bank credit and debit card 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, and financial planning services, as well as provides individual investment advice on equity and other securities. As of December 31, 2020, it operated through 289 branches and 389 ATMs in Alabama, Florida, Georgia, South Carolina, and Tennessee. The company was founded in 1888 and is headquartered in Columbus, Georgia.

SNV Stock News Headlines

Synovus names new Nashville market leader
Synovus Financial Corp. (SNV) To Go Ex-Dividend on June 15th
Synovus Financial (NYSE:SNV) Sets New 52-Week Low at $37.89
Analyst Ratings for Synovus Finl
See More Headlines

Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
Regional Banks
Sector
Finance
CUSIP
87161C10
Employees
4,988
Year Founded
1888

Company Calendar

Last Earnings
4/21/2022
Ex-Dividend for 7/1 Dividend
6/15/2022
Dividend Payable
7/01/2022
Today
7/03/2022
Next Earnings (Confirmed)
7/21/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$56.17
High Stock Price Forecast
$68.00
Low Stock Price Forecast
$46.00
Forecasted Upside/Downside
+52.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88888888888889
Research Coverage
9 Analysts

Profitability

Net Income
$760.47 million
Pretax Margin
45.95%

Debt

Sales & Book Value

Annual Sales
$2.10 billion
Cash Flow
$6.15 per share
Book Value
$32.71 per share

Miscellaneous

Free Float
143,088,000
Market Cap
$5.36 billion
Optionable
Optionable
Beta
1.44

Social Links















Synovus Financial Frequently Asked Questions

Should I buy or sell Synovus Financial stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synovus Financial in the last twelve months. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" Synovus Financial stock.
View analyst ratings for Synovus Financial
or view top-rated stocks.

What is Synovus Financial's stock price forecast for 2022?

9 brokerages have issued 12-month price targets for Synovus Financial's shares. Their SNV stock forecasts range from $46.00 to $68.00. On average, they anticipate Synovus Financial's share price to reach $56.17 in the next twelve months. This suggests a possible upside of 52.3% from the stock's current price.
View analysts' price targets for Synovus Financial
or view top-rated stocks among Wall Street analysts.

How has Synovus Financial's stock price performed in 2022?

Synovus Financial's stock was trading at $47.87 at the start of the year. Since then, SNV stock has decreased by 23.0% and is now trading at $36.88.
View the best growth stocks for 2022 here
.

When is Synovus Financial's next earnings date?

Synovus Financial is scheduled to release its next quarterly earnings announcement on Thursday, July 21st 2022.
View our earnings forecast for Synovus Financial
.

How can I listen to Synovus Financial's earnings call?

Synovus Financial will be holding an earnings conference call on Thursday, July 21st at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Synovus Financial's earnings last quarter?

Synovus Financial Corp. (NYSE:SNV) issued its quarterly earnings results on Thursday, April, 21st. The bank reported $1.08 EPS for the quarter, beating the consensus estimate of $1.03 by $0.05. The bank earned $498.50 million during the quarter, compared to the consensus estimate of $497.35 million. Synovus Financial had a net margin of 35.38% and a trailing twelve-month return on equity of 16.00%. Synovus Financial's revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the business earned $1.21 EPS.
View Synovus Financial's earnings history
.

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

Synovus Financial declared a quarterly dividend on Thursday, June 2nd. Shareholders of record on Thursday, June 16th will be paid a dividend of $0.34 per share on Friday, July 1st. This represents a $1.36 annualized dividend and a dividend yield of 3.69%. The ex-dividend date is Wednesday, June 15th.
View Synovus Financial's dividend history
.

Is Synovus Financial a good dividend stock?

Synovus Financial(NYSE:SNV) pays an annual dividend of $1.36 per share and currently has a dividend yield of 3.69%. Synovus Financial does not yet have a strong track record of dividend growth. The dividend payout ratio of Synovus Financial is 28.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Synovus Financial will have a dividend payout ratio of 26.31% next year. This indicates that Synovus Financial will be able to sustain or increase its dividend.
View Synovus Financial's dividend history.

Who are Synovus Financial's key executives?

Synovus Financial's management team includes the following people:
  • Mr. Kessel D. Stelling Jr., Exec. Chairman (Age 66, Pay $3.53M) (LinkedIn Profile)
  • Mr. Kevin S. Blair, CEO, Pres & Exec. Director (Age 51, Pay $2.33M) (LinkedIn Profile)
  • Mr. Andrew Jamie Gregory Jr., Exec. VP & CFO (Age 46, Pay $1.05M)
  • Mr. Robert Warren Derrick, Exec. VP & Chief Credit Officer (Age 58, Pay $704.18k)
  • Ms. Jill K. Hurley, Chief Accounting Officer & Controller (Age 42)
  • Mr. Thomas T. Dierdorff, Exec. VP and Head of Corp. & Investment Banking (Age 54)
  • Mr. Daniel Zachary Bishop, Exec. VP and Head of Technology, Operations & Security (Age 46)
  • Cal Evans, Sr. Director of Investor Relations & Market Intelligence
  • Mr. Allan E. Kamensky Esq., Exec. VP & Gen. Counsel (Age 60)
  • Ms. Gloria C. Banks, Exec. VP & Chief Compliance and Ethics Officer

What is Kessel D. Stelling Jr.'s approval rating as Synovus Financial's CEO?

133 employees have rated Synovus Financial CEO Kessel D. Stelling Jr. on Glassdoor.com. Kessel D. Stelling Jr. has an approval rating of 93% among Synovus Financial's employees. This puts Kessel D. Stelling Jr. in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Synovus Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Synovus Financial investors own include Energy Transfer (ET), AT&T (T), Citigroup (C), Bank of America (BAC), Huntington Bancshares (HBAN), Pfizer (PFE), Ford Motor (F), JPMorgan Chase & Co. (JPM), Wells Fargo (WFC) and AbbVie (ABBV).

What is Synovus Financial's stock symbol?

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

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Synovus Financial's stock price today?

One share of SNV stock can currently be purchased for approximately $36.88.

How much money does Synovus Financial make?

Synovus Financial (NYSE:SNV) has a market capitalization of $5.36 billion and generates $2.10 billion in revenue each year. The bank earns $760.47 million in net income (profit) each year or $4.82 on an earnings per share basis.

How many employees does Synovus Financial have?

Synovus Financial employs 4,988 workers across the globe.

Does Synovus Financial have any subsidiaries?

The following companies are subsidiares of Synovus Financial: Florida Community Bank.
Read More

When was Synovus Financial founded?

Synovus Financial was founded in 1888.

How can I contact Synovus Financial?

Synovus Financial's mailing address is 1111 BAY AVENUE SUITE 500, COLUMBUS GA, 31901. The official website for Synovus Financial is www.synovus.com. The bank can be reached via phone at (706) 649-2311, via email at bobmay@synovus.com, or via fax at 706-641-6555.

This page (NYSE:SNV) was last updated on 7/3/2022 by MarketBeat.com Staff

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