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

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

Synovus Financial announced a quarterly dividend on Thursday, December 5th. Stockholders of record on Thursday, December 19th will be paid a dividend of $0.30 per share on Thursday, January 2nd. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.39%. The ex-dividend date of this dividend is Wednesday, December 18th. View Synovus Financial's Dividend History.

Synovus Financial Corp. (NYSE:SNV) issued its earnings results on Friday, January, 24th. The bank reported $0.94 earnings per share for the quarter, missing analysts' consensus estimates of $0.97 by $0.03. The bank earned $498 million during the quarter, compared to the consensus estimate of $484.72 million. Synovus Financial had a return on equity of 14.09% and a net margin of 23.43%. Synovus Financial's revenue for the quarter was up 36.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.92 EPS. View Synovus Financial's Earnings History.

Synovus Financial is scheduled to release their next quarterly earnings announcement on Tuesday, April 28th 2020. View Earnings Estimates for Synovus Financial.

12 Wall Street analysts have issued 12-month price objectives for Synovus Financial's shares. Their forecasts range from $39.00 to $49.00. On average, they expect Synovus Financial's share price to reach $42.55 in the next twelve months. This suggests a possible upside of 20.2% from the stock's current price. View Analyst Price Targets for Synovus Financial.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synovus Financial in the last year. There are currently 1 hold rating and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Synovus Financial.

News articles about SNV stock have been trending negative on Sunday, according to InfoTrie. The research group identifies negative and positive media coverage by reviewing 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 closest to five being the most favorable. Synovus Financial earned a news sentiment score of -2.4 on InfoTrie's scale. They also assigned news headlines about the bank a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Synovus Financial.

Synovus Financial saw a drop in short interest in the month of January. As of January 15th, there was short interest totalling 2,900,000 shares, a drop of 9.9% from the December 31st total of 3,220,000 shares. Based on an average daily volume of 1,220,000 shares, the days-to-cover ratio is currently 2.4 days. Approximately 2.0% of the company's shares are sold short. View Synovus Financial's Current Options Chain.

Some companies that are related to Synovus Financial include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Commerce Bancshares (CBSH), Signature Bank (SBNY), East West Bancorp (EWBC) and TCF Financial (TCF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Synovus Financial investors own include Energy Transfer LP Unit (ET), AT&T (T), Huntington Bancshares (HBAN), Bank of America (BAC), Citigroup (C), Pfizer (PFE), Ford Motor (F), Wells Fargo & Co (WFC), Total System Services (TSS) and CBL & Associates Properties (CBL).

Synovus Financial's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Synovus Financial Corp (4.13%), State Street Corp (3.67%), Alliancebernstein L.P. (2.60%), Franklin Resources Inc. (2.00%), Bank of America Corp DE (1.49%) and EJF Capital LLC (1.45%). Company insiders that own Synovus Financial stock include Allan E Kamensky, Allen J Gula, Barry L Storey, Curtis J Perry, Diana M Murphy, Elizabeth W Camp, Kessel D Stelling, Kevin S Blair, Mark G Holladay and Philip W Tomlinson. View Institutional Ownership Trends for Synovus Financial.

SNV stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Goldman Sachs Group Inc., PNC Financial Services Group Inc., Los Angeles Capital Management & Equity Research Inc., Principal Financial Group Inc., Alyeska Investment Group L.P. and Bank of America Corp DE. View Insider Buying and Selling for Synovus Financial.

SNV stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, EJF Capital LLC, Prudential Financial Inc., Renaissance Technologies LLC, LSV Asset Management, Franklin Resources Inc., Thrivent Financial for Lutherans and AQR Capital Management LLC. Company insiders that have bought Synovus Financial stock in the last two years include Allan E Kamensky, Allen J Gula, Barry L Storey, 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, Robinhood, Fidelity and Charles Schwab.

One share of SNV stock can currently be purchased for approximately $35.39.

Synovus Financial has a market capitalization of $5.19 billion and generates $2.41 billion in revenue each year. The bank earns $563.78 million in net income (profit) each year or $3.90 on an earnings per share basis. Synovus Financial employs 4,651 workers across the globe.View Additional Information About Synovus Financial.

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]