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 announced a quarterly dividend on Monday, December 3rd. Shareholders 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 annualized dividend and a yield of 3.19%. The ex-dividend date of this dividend is Wednesday, December 19th. View Synovus Financial's Dividend History.

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

Synovus Financial Corp. (NYSE:SNV) announced its quarterly earnings results on Tuesday, October, 23rd. The bank reported $0.95 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.92 by $0.03. The bank earned $363.29 million during the quarter, compared to analysts' expectations of $368.24 million. Synovus Financial had a net margin of 22.41% and a return on equity of 15.05%. The company's revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.78 earnings per share. View Synovus Financial's Earnings History.

Synovus Financial is scheduled to release their next quarterly earnings announcement on Tuesday, January 22nd 2019. View Earnings Estimates for Synovus Financial.

14 brokerages have issued 12-month price objectives for Synovus Financial's shares. Their forecasts range from $43.00 to $57.00. On average, they expect Synovus Financial's share price to reach $51.00 in the next twelve months. This suggests a possible upside of 62.7% from the stock's current price. View Analyst Price Targets for Synovus Financial.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synovus Financial in the last year. There are currently 7 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Synovus Financial.

Media headlines about SNV stock have trended negative on Tuesday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Synovus Financial earned a coverage optimism score of -2.4 on InfoTrie's scale. They also assigned news stories about the bank a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the stock's share price in the next several days.

Some companies that are related to Synovus Financial include Regions Financial (RF), Huntington Bancshares (HBAN), Comerica (CMA), Zions Bancorp (ZION), Cullen/Frost Bankers (CFR), BOK Financial (BOKF), Webster Financial (WBS), Akbank T.A.S. (AKBTY), First Horizon National (FHN), CIT Group (CIT), PacWest Bancorp (PACW), Sterling Bancorp (STL), Pinnacle Financial Partners (PNFP), TCF Financial (TCF) and F.N.B. (FNB).

Synovus Financial's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.04%), Vanguard Group Inc. (9.59%), Vanguard Group Inc (9.59%), Alliancebernstein L.P. (1.99%), Victory Capital Management Inc. (1.93%) and MERIAN GLOBAL INVESTORS UK Ltd (1.46%). 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.

SNV stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Credit Suisse AG, First Trust Advisors LP, AQR Capital Management LLC, Brown Advisory Inc., BlackRock Inc., Hsbc Holdings PLC and Deutsche Bank AG. Company insiders that have sold Synovus Financial company stock in the last year include Allen J Gula, Curtis J Perry and Mark G Holladay. View Insider Buying and Selling for Synovus Financial.

SNV stock was purchased by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Marshall Wace LLP, EJF Capital LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Prudential Financial Inc., Allianz Asset Management GmbH and Vanguard Group Inc. 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.

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 $31.34.

Synovus Financial has a market capitalization of $3.75 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]