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S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
First-Time Investor? Here Are 9 Mistakes You Want To Avoid
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Ford Stock Going Forward After Big Earnings Flop
Nvidia Rallies As Investors Bullish On Chipmaker's AI Business
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Bright Green Corporation Future May be Getting Brighter
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Closing prices for crude oil, gold and other commodities
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
First-Time Investor? Here Are 9 Mistakes You Want To Avoid
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Ford Stock Going Forward After Big Earnings Flop
Nvidia Rallies As Investors Bullish On Chipmaker's AI Business
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Bright Green Corporation Future May be Getting Brighter
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Closing prices for crude oil, gold and other commodities
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
First-Time Investor? Here Are 9 Mistakes You Want To Avoid
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Ford Stock Going Forward After Big Earnings Flop
Nvidia Rallies As Investors Bullish On Chipmaker's AI Business
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Bright Green Corporation Future May be Getting Brighter
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Closing prices for crude oil, gold and other commodities
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally

Synovus Financial - SNV Stock Forecast, Price & News

$43.60
+0.03 (+0.07%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$43.11
$44.07
50-Day Range
$35.75
$43.60
52-Week Range
$34.15
$54.40
Volume
995,686 shs
Average Volume
1.18 million shs
Market Capitalization
$6.34 billion
P/E Ratio
8.81
Dividend Yield
3.16%
Price Target
$47.40

Synovus Financial MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
8.7% Upside
$47.40 Price Target
Short Interest
Healthy
3.08% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.37
Upright™ Environmental Score
News Sentiment
1.23mentions of Synovus Financial in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$29,039 Sold Last Quarter
Proj. Earnings Growth
3.46%
From $5.20 to $5.38 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.33 out of 5 stars

Finance Sector

374th out of 865 stocks

National Commercial Banks Industry

35th out of 83 stocks

SNV stock logo

About Synovus Financial (NYSE:SNV) Stock

Synovus Financial Corp. is a bank holding company, which engages in the provision of financial services. The company operates through the following segments: Community Banking, Wholesale Banking, and Financial Management Services (FMS). The Community Banking business segment serves customers using a relationship-based approach through its branch, ATM, commercial, and private wealth network in addition to mobile, Internet, and telephone banking. The Wholesale Banking business segment serves primarily larger corporate customers by providing commercial lending and deposit services through specialty teams including middle market, CRE, senior housing, national accounts, premium finance, structured lending, healthcare, asset-based lending, and community investment capital. The Financial Management Services (FMS) business segment serves its customers by providing mortgage and trust services and specializing in professional portfolio management for fixed-income securities, investment banking, the execution of securities transactions as a broker/dealer, asset management, financial planning, and family office services, as well as the provision of individual investment advice on equity and ot

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SNV Stock News Headlines

Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
Synovus Financial (SNV) Q4 Earnings Lag Estimates
Synovus Announces Earnings for the Fourth Quarter 2022
5 Analysts Have This to Say About Synovus Finl
Why Synovus Financial (SNV) Stock Is Up Today
Synovus Names New BSA/AML Director
See More Headlines
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SNV Company Calendar

Last Earnings
10/18/2021
Ex-Dividend for 1/3 Dividend
12/14/2022
Dividend Payable
1/03/2023
Today
2/04/2023
Next Earnings (Estimated)
4/20/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$47.40
High Stock Price Forecast
$55.00
Low Stock Price Forecast
$43.00
Forecasted Upside/Downside
+8.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
8 Analysts

Profitability

Net Income
$757.90 million
Pretax Margin
38.80%

Debt

Sales & Book Value

Annual Sales
$2.49 billion
Cash Flow
$6.22 per share
Book Value
$27.08 per share

Miscellaneous

Free Float
143,203,000
Market Cap
$6.34 billion
Optionable
Optionable
Beta
1.36

Social Links


Key Executives

  • Kevin S. BlairKevin S. Blair
    Chairman, President & Chief Executive Officer
  • Zack Bishop
    Executive VP-Technology, Operations & Security
  • Andrew Jamie GregoryAndrew Jamie Gregory
    Chief Financial Officer & Executive Vice President
  • Gloria C. Banks
    EVP, Chief Ethics & Compliance Officer
  • Robert W. Derrick
    Chief Credit Officer & Executive Vice President













SNV Stock - Frequently Asked Questions

Should I buy or sell Synovus Financial stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synovus Financial in the last twelve months. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SNV shares.
View SNV analyst ratings
or view top-rated stocks.

What is Synovus Financial's stock price forecast for 2023?

8 brokerages have issued 12 month price targets for Synovus Financial's stock. Their SNV share price forecasts range from $43.00 to $55.00. On average, they expect the company's stock price to reach $47.40 in the next year. This suggests a possible upside of 8.7% from the stock's current price.
View analysts price targets for SNV
or view top-rated stocks among Wall Street analysts.

How have SNV shares performed in 2023?

Synovus Financial's stock was trading at $37.55 at the beginning of the year. Since then, SNV stock has increased by 16.1% and is now trading at $43.60.
View the best growth stocks for 2023 here
.

When is Synovus Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 20th 2023.
View our SNV earnings forecast
.

How were Synovus Financial's earnings last quarter?

Synovus Financial Corp. (NYSE:SNV) announced its earnings results on Monday, October, 18th. The bank reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.13. The bank had revenue of $499.87 million for the quarter, compared to the consensus estimate of $491.33 million. Synovus Financial had a trailing twelve-month return on equity of 18.93% and a net margin of 30.50%. During the same quarter in the previous year, the business earned $0.89 EPS.

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

Synovus Financial declared a quarterly dividend on Thursday, December 1st. Investors of record on Thursday, December 15th will be paid a dividend of $0.34 per share on Tuesday, January 3rd. This represents a $1.36 dividend on an annualized basis and a yield of 3.12%. The ex-dividend date of this dividend is Wednesday, December 14th.
Read our dividend analysis for SNV
.

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 3.16%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 27.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SNV will have a dividend payout ratio of 25.28% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SNV.

What guidance has Synovus Financial issued on next quarter's earnings?

Synovus Financial updated its FY 2023 earnings guidance on Friday, January, 20th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.39 billion-$2.48 billion, compared to the consensus revenue estimate of $2.45 billion.

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

133 employees have rated Synovus Financial Chief Executive Officer Kessel D. Stelling Jr. on Glassdoor.com. Kessel D. Stelling Jr. has an approval rating of 93% among the company'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 & Company (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."

Who are Synovus Financial's major shareholders?

Synovus Financial's stock is owned by many different institutional and retail investors. Top institutional investors include Assenagon Asset Management S.A. (0.63%), Ferguson Wellman Capital Management Inc. (0.25%), Hancock Whitney Corp (0.20%), Scout Investments Inc. (0.14%), Allspring Global Investments Holdings LLC (0.11%) and Strs Ohio (0.11%). Insiders that own company stock include Allan E Kamensky, Andrew J Jr Gregory, John L Stallworth, Joseph J Prochaska Jr, Kessel D Stelling, Kevin S Blair, Mark G Holladay, Mark G Holladay and Stephen T Butler.
View institutional ownership trends
.

How do I buy shares of Synovus Financial?

Shares of SNV stock 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 $43.60.

How much money does Synovus Financial make?

Synovus Financial (NYSE:SNV) has a market capitalization of $6.34 billion and generates $2.49 billion in revenue each year. The bank earns $757.90 million in net income (profit) each year or $4.95 on an earnings per share basis.

How many employees does Synovus Financial have?

The company 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
How can I contact Synovus Financial?

Synovus Financial's mailing address is 1111 BAY AVENUE SUITE 500, COLUMBUS GA, 31901. The official website for the company 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 2/4/2023 by MarketBeat.com Staff