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

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$31.41 -0.45 (-1.41 %)
(As of 12/18/2018 12:08 PM ET)
Previous Close$31.86
Today's Range$31.26 - $32.36
52-Week Range$31.67 - $57.40
Volume753,543 shs
Average Volume1.94 million shs
Market Capitalization$3.75 billion
P/E Ratio12.42
Dividend Yield3.11%
Beta1.17
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 cash 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 various types of demand and savings deposits; mortgage, installment, and other retail loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfer services; Internet based banking services; and bank credit card services, including MasterCard and Visa 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, 2017, it operated through 28 divisions and 250 branches in Georgia, Alabama, South Carolina, Florida, and Tennessee. Synovus Financial Corporation was founded in 1888 and is headquartered in Columbus, Georgia.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNYSE:SNV
Previous Symbol
CUSIP87161C10
Phone706-649-2311

Debt

Debt-to-Equity Ratio0.58
Current Ratio0.97
Quick Ratio0.97

Price-To-Earnings

Trailing P/E Ratio12.42
Forward P/E Ratio8.63
P/E Growth1.1

Sales & Book Value

Annual Sales$1.51 billion
Price / Sales2.42
Cash Flow$3.1038 per share
Price / Cash Flow10.12
Book Value$23.85 per share
Price / Book1.32

Profitability

EPS (Most Recent Fiscal Year)$2.53
Net Income$275.47 million
Net Margins22.41%
Return on Equity15.05%
Return on Assets1.35%

Miscellaneous

Employees4,541
Outstanding Shares116,380,000
Market Cap$3.75 billion
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 Monday, December 3rd. Shareholders of record on Thursday, December 20th will be given a dividend of $0.25 per share on Wednesday, January 2nd. This represents a $1.00 annualized dividend and a yield of 3.19%. The ex-dividend date of this dividend is Wednesday, December 19th. View Synovus Financial's Dividend History.

How will Synovus Financial's stock buyback program work?

Synovus Financial announced that its Board of Directors has approved a stock repurchase plan on Wednesday, January 24th 2018, which permits the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board believes its stock is 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, beating the Zacks' consensus estimate of $0.92 by $0.03. The bank earned $363.29 million during the quarter, compared to analysts' expectations of $368.24 million. Synovus Financial had a net margin of 22.41% and a return on equity of 15.05%. The company's revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.78 earnings per share. 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, January 22nd 2019. View Earnings Estimates for Synovus Financial.

What price target have analysts set for SNV?

14 brokerages have issued 12-month price objectives for Synovus Financial's shares. Their forecasts range from $43.00 to $57.00. On average, they expect Synovus Financial's share price to reach $51.00 in the next twelve months. This suggests a possible upside of 62.7% 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 7 hold ratings and 7 buy ratings 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 headlines about SNV stock have trended negative on Tuesday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by analyzing 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 nearest to five being the most favorable. Synovus Financial earned a coverage optimism score of -2.4 on InfoTrie's scale. They also assigned news stories about the bank a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the stock's share price in the next several days.

Who are some of Synovus Financial's key competitors?

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 62)
  • Mr. Kevin S. Blair, Exec. VP & CFO (Age 47)
  • Mr. Allan E. Kamensky, Exec. VP, Gen. Counsel & Corp. Sec. (Age 56)
  • Mr. Jeffrey Barton Singleton, Exec. VP & Pres of Financial Management Services (Age 54)
  • Mr. Zack Bishop, Exec. VP of Technology & Operations

Who are Synovus Financial's major shareholders?

Synovus Financial's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.04%), Vanguard Group Inc. (9.59%), Vanguard Group Inc (9.59%), Alliancebernstein L.P. (1.99%), Victory Capital Management Inc. (1.93%) and MERIAN GLOBAL INVESTORS UK Ltd (1.46%). 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 major investors are selling Synovus Financial stock?

SNV stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Credit Suisse AG, First Trust Advisors LP, AQR Capital Management LLC, Brown Advisory Inc., BlackRock Inc., Hsbc Holdings PLC and Deutsche Bank AG. Company insiders that have sold Synovus Financial company stock in the last year include Allen J Gula, Curtis J Perry and Mark G Holladay. View Insider Buying and Selling for Synovus Financial.

Which major investors are buying Synovus Financial stock?

SNV stock was purchased by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Marshall Wace LLP, EJF Capital LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Prudential Financial Inc., Allianz Asset Management GmbH and Vanguard Group Inc. 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 $31.34.

How big of a company is Synovus Financial?

Synovus Financial has a market capitalization of $3.75 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.

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:  256 (Vote Outperform)
Underperform Votes:  414 (Vote Underperform)
Total Votes:  670
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 12/18/2018 by MarketBeat.com Staff

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