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

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$36.06 -0.51 (-1.39 %)
(As of 04/21/2019 04:00 PM ET)
Previous Close$36.06
Today's Range$35.97 - $36.6150
52-Week Range$29.93 - $57.40
Volume1.08 million shs
Average Volume1.86 million shs
Market Capitalization$5.74 billion
P/E Ratio9.91
Dividend Yield3.33%
Beta1.24
Synovus 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 treasury 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 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 card services, including Visa and MasterCard 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, 2018, it operated through 249 branches and 335 ATMs in Georgia, Alabama, South Carolina, Florida, and Tennessee. Synovus Financial Corp. 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
CUSIP87161C10
Phone706-649-2311

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.62 billion
Cash Flow$4.3551 per share
Book Value$25.36 per share

Profitability

Net Income$428.48 million

Miscellaneous

Employees4,651
Market Cap$5.74 billion
Next Earnings Date4/23/2019 (Confirmed)
OptionableOptionable

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 Wednesday, March 6th. Shareholders of record on Thursday, March 21st will be paid a dividend of $0.30 per share on Monday, April 1st. This represents a $1.20 dividend on an annualized basis and a yield of 3.33%. The ex-dividend date of this dividend is Wednesday, March 20th. This is a positive change from Synovus Financial's previous quarterly dividend of $0.25. View Synovus Financial's Dividend History.

How will Synovus Financial's stock buyback program work?

Synovus Financial declared that its Board of Directors has initiated a stock buyback program on Wednesday, January 24th 2018, which allows the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board believes its shares are undervalued.

How were Synovus Financial's earnings last quarter?

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, topping the Zacks' consensus estimate of $0.92 by $0.03. The bank earned $363.29 million during the quarter, compared to analyst estimates of $368.24 million. Synovus Financial had a return on equity of 15.68% and a net margin of 26.38%. The company's revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.78 EPS. 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 Tuesday, April 23rd 2019. View Earnings Estimates for Synovus Financial.

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

Synovus Financial will be holding an earnings conference call on Tuesday, April 23rd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for SNV?

14 analysts have issued 12-month price objectives for Synovus Financial's stock. Their predictions range from $30.73 to $57.00. On average, they anticipate Synovus Financial's stock price to reach $45.4408 in the next twelve months. This suggests a possible upside of 26.0% from the stock's current price. View Analyst Price Targets for Synovus Financial.

What is the consensus analysts' recommendation for Synovus Financial?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synovus Financial in the last year. There are currently 3 hold ratings, 10 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Synovus Financial.

Has Synovus Financial been receiving favorable news coverage?

Media stories about SNV stock have been trending neutral on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by monitoring 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 five, with scores nearest to five being the most favorable. Synovus Financial earned a daily sentiment score of 0.4 on InfoTrie's scale. They also assigned news coverage about the bank a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future.

Who are some of Synovus Financial's key competitors?

What other stocks do shareholders of Synovus Financial own?

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 63)
  • Mr. Kevin S. Blair, Sr. EVP, COO & Interim CFO (Age 48)
  • Mr. Mark G. Holladay, Exec. VP & Chief Risk Officer (Age 64)
  • Mr. Jeffrey Barton Singleton, Exec. VP & Pres of Financial Management Services (Age 55)
  • Ms. Jill K. Hurley, Chief Accounting Officer (Age 39)

Who are Synovus Financial's major shareholders?

Synovus Financial's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Retirement Systems of Alabama (0.28%), Deroy & Devereaux Private Investment Counsel Inc. (0.18%), Chartwell Investment Partners LLC (0.14%), Strs Ohio (0.10%), Quantitative Systematic Strategies LLC (0.06%) and Hennessy Advisors Inc. (0.04%). 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.

Which institutional investors are selling Synovus Financial stock?

SNV stock was sold by a variety of institutional investors in the last quarter, including Sippican Capital Advisors. Company insiders that have sold Synovus Financial company stock in the last year include Allen J Gula and Curtis J Perry. View Insider Buying and Selling for Synovus Financial.

Which institutional investors are buying Synovus Financial stock?

SNV stock was acquired by a variety of institutional investors in the last quarter, including Deroy & Devereaux Private Investment Counsel Inc., Chartwell Investment Partners LLC, Strs Ohio, Retirement Systems of Alabama, Hennessy Advisors Inc., Sciencast Management LP, Tibra Equities Europe Ltd and Louisiana State Employees Retirement System. 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.

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 $36.06.

How big of a company is Synovus Financial?

Synovus Financial has a market capitalization of $5.74 billion and generates $1.62 billion in revenue each year. The bank earns $428.48 million in net income (profit) each year or $3.64 on an earnings per share basis. Synovus Financial employs 4,651 workers across the globe.

What is Synovus Financial's official website?

The official website for Synovus Financial is http://www.synovus.com.

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 (NYSE SNV)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  276 (Vote Outperform)
Underperform Votes:  432 (Vote Underperform)
Total Votes:  708
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 4/21/2019 by MarketBeat.com Staff

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