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

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

Synovus Financial announced a quarterly dividend on Thursday, March 1st. Shareholders of record on Thursday, March 15th will be given a dividend of $0.25 per share on Monday, April 2nd. This represents a $1.00 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date is Wednesday, March 14th. This is an increase from Synovus Financial's previous quarterly dividend of $0.15. View Synovus Financial's Dividend History.

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

Synovus Financial Corp. (NYSE:SNV) issued its quarterly earnings data on Tuesday, April, 24th. The bank reported $0.86 EPS for the quarter, topping the 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 company's revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.57 earnings per share. View Synovus Financial's Earnings History.

Synovus Financial is scheduled to release their next quarterly earnings announcement on Tuesday, July, 17th 2018. View Earnings Estimates for Synovus Financial.

14 equities research analysts have issued 12-month target prices for Synovus Financial's shares. Their predictions range from $42.00 to $57.00. On average, they expect Synovus Financial's stock price to reach $52.9286 in the next twelve months. View Analyst Ratings for Synovus Financial.

Some companies that are related to Synovus Financial include Banco do Brasil (BDORY), Regions Financial (RF), KeyCorp (KEY), Shinhan Financial Group (SHG), Comerica (CMA), Huntington Bancshares (HBAN), Zions Bancorp (ZION), Cullen/Frost Bankers (CFR), Akbank (AKBTY), PacWest Bancorp (PACW), BOK Financial (BOKF), CIT Group (CIT), First Horizon National (FHN), Webster Bank (WBS) and Sterling Bancorp (STL).

Media headlines about SNV stock have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Synovus Financial earned a news impact score of 0.04 on Accern's scale. They also assigned headlines about the bank an impact score of 48.39 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

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.

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.

SNV stock was bought 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.

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 $54.40.

Synovus Financial has a market capitalization of $6.45 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.

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]