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 Friday, June 8th. Investors of record on Thursday, June 21st will be given a dividend of $0.25 per share on Monday, July 2nd. This represents a $1.00 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date of this dividend is Wednesday, June 20th. View Synovus Financial's Dividend History.

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

Synovus Financial Corp. (NYSE:SNV) released its quarterly earnings results on Tuesday, April, 24th. The bank reported $0.86 earnings per share for the quarter, topping the Zacks' 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 business's revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period last year, the firm earned $0.57 earnings per share. View Synovus Financial's Earnings History.

Synovus Financial is scheduled to release their next quarterly earnings announcement on Monday, July, 16th 2018. View Earnings Estimates for Synovus Financial.

14 analysts have issued twelve-month target prices for Synovus Financial's stock. Their forecasts range from $42.00 to $57.00. On average, they anticipate Synovus Financial's stock price to reach $52.9286 in the next year. View Analyst Ratings for Synovus Financial.

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

News stories about SNV stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Synovus Financial earned a coverage optimism score of 0.07 on Accern's scale. They also assigned media headlines about the bank an impact score of 46.90 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.

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 purchased 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 $55.40.

Synovus Financial has a market capitalization of $6.58 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]