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 declared a quarterly dividend on Wednesday, March 6th. Stockholders 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 dividend 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.

Synovus Financial announced that its Board of Directors has authorized a share repurchase program on Wednesday, January 24th 2018, which authorizes the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company's management believes its shares are undervalued.

Synovus Financial Corp. (NYSE:SNV) announced its quarterly earnings data on Tuesday, January, 15th. The bank reported $0.92 EPS for the quarter, missing analysts' consensus estimates of $0.94 by $0.02. The bank had revenue of $365.90 million for the quarter, compared to the consensus estimate of $370.64 million. Synovus Financial had a return on equity of 15.68% and a net margin of 26.38%. The business's revenue was up 7.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.70 earnings per share. View Synovus Financial's Earnings History.

Synovus Financial is scheduled to release their next quarterly earnings announcement on Tuesday, April 23rd 2019. View Earnings Estimates for Synovus Financial.

14 brokers have issued 12 month price targets 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 year. This suggests a possible upside of 26.2% 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 3 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Synovus Financial.

Media coverage about SNV stock has been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news 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 media sentiment score of 1.3 on InfoTrie's scale. They also gave media stories about the bank a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an impact on the company's share price in the immediate future.

Some companies that are related to Synovus Financial include Shinhan Financial Group (SHG), DANSKE BK A/S/S (DNKEY), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), Comerica (CMA), Zions Bancorporation NA (ZION), Cullen/Frost Bankers (CFR), BOK Financial (BOKF), Webster Financial (WBS), CIT Group (CIT), Akbank T.A.S. (AKBTY), PacWest Bancorp (PACW), First Horizon National (FHN) and Pinnacle Financial Partners (PNFP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Synovus Financial investors own include Energy Transfer LP Unit (ET), Citigroup (C), Total System Services (TSS), Huntington Bancshares (HBAN), Bank of America (BAC), Wells Fargo & Co (WFC), Micron Technology (MU), Applied Materials (AMAT), Alibaba Group (BABA) and Pfizer (PFE).

Synovus Financial's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.10%), Synovus Financial Corp (5.15%), Millennium Management LLC (2.66%), Bank of New York Mellon Corp (2.07%), Victory Capital Management Inc. (1.93%) and Dimensional Fund Advisors LP (1.88%). 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 MERIAN GLOBAL INVESTORS UK Ltd, Millennium Management LLC, Martingale Asset Management L P, Brown Advisory Inc., APG Asset Management N.V., PNC Financial Services Group Inc., Hancock Whitney Corp and First Trust Advisors LP. 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.

SNV stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Oregon Public Employees Retirement Fund, Two Sigma Investments LP, Norges Bank, Bank of New York Mellon Corp, Two Sigma Advisers LP, Los Angeles Capital Management & Equity Research Inc. and Dimensional Fund Advisors LP. 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 $36.01.

Synovus Financial has a market capitalization of $5.73 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.

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]