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 announced a quarterly dividend on Wednesday, March 6th. Shareholders 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 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 declared that its Board of Directors has initiated a stock buyback program on Wednesday, January 24th 2018, which allows the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board believes its shares are undervalued.

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, topping the Zacks' consensus estimate of $0.92 by $0.03. The bank earned $363.29 million during the quarter, compared to analyst estimates of $368.24 million. Synovus Financial had a return on equity of 15.68% and a net margin of 26.38%. The company's revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.78 EPS. 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.

Synovus Financial will be holding an earnings conference call on Tuesday, April 23rd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

14 analysts have issued 12-month price objectives 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 twelve months. This suggests a possible upside of 26.0% 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, 10 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Synovus Financial.

Media stories about SNV stock have been trending neutral on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by monitoring 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 five, with scores nearest to five being the most favorable. Synovus Financial earned a daily sentiment score of 0.4 on InfoTrie's scale. They also assigned news coverage about the bank a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future.

Some companies that are related to Synovus Financial include Shinhan Financial Group (SHG), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), Comerica (CMA), Zions Bancorporation NA (ZION), Cullen/Frost Bankers (CFR), BOK Financial (BOKF), CIT Group (CIT), Webster Financial (WBS), First Horizon National (FHN), PacWest Bancorp (PACW), Pinnacle Financial Partners (PNFP), Sterling Bancorp (STL) and F.N.B. (FNB).

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

Synovus Financial's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Retirement Systems of Alabama (0.28%), Deroy & Devereaux Private Investment Counsel Inc. (0.18%), Chartwell Investment Partners LLC (0.14%), Strs Ohio (0.10%), Quantitative Systematic Strategies LLC (0.06%) and Hennessy Advisors Inc. (0.04%). 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 Sippican Capital Advisors. 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 acquired by a variety of institutional investors in the last quarter, including Deroy & Devereaux Private Investment Counsel Inc., Chartwell Investment Partners LLC, Strs Ohio, Retirement Systems of Alabama, Hennessy Advisors Inc., Sciencast Management LP, Tibra Equities Europe Ltd and Louisiana State Employees Retirement System. 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 $36.06.

Synovus Financial has a market capitalization of $5.74 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]