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 Monday, December 3rd. Stockholders of record on Thursday, December 20th will be paid a dividend of $0.25 per share on Wednesday, January 2nd. This represents a $1.00 annualized dividend and a dividend yield of 2.86%. The ex-dividend date of this dividend is Wednesday, December 19th. View Synovus Financial's Dividend History.

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

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

15 equities research analysts have issued 12 month target prices for Synovus Financial's stock. Their forecasts range from $30.73 to $57.00. On average, they anticipate Synovus Financial's share price to reach $47.21 in the next year. This suggests a possible upside of 35.2% from the stock's current price. View Analyst Price Targets for Synovus Financial.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synovus Financial in the last year. There are currently 4 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Synovus Financial.

News coverage about SNV stock has trended very positive recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Synovus Financial earned a news impact score of 3.2 on InfoTrie's scale. They also gave media coverage about the bank a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Some companies that are related to Synovus Financial include Regions Financial (RF), Huntington Bancshares (HBAN), Comerica (CMA), Zions Bancorp (ZION), Cullen/Frost Bankers (CFR), Akbank T.A.S. (AKBTY), BOK Financial (BOKF), Webster Financial (WBS), PacWest Bancorp (PACW), CIT Group (CIT), First Horizon National (FHN), Pinnacle Financial Partners (PNFP), Sterling Bancorp (STL), MB Financial (MBFI) and F.N.B. (FNB).

Synovus Financial's stock is owned by many different of institutional and retail investors. Top institutional investors include Louisiana State Employees Retirement System (0.03%), Thomasville National Bank (0.02%), State of Alaska Department of Revenue (0.02%), First Citizens Bank & Trust Co. (0.02%), Investors Asset Management of Georgia Inc. GA ADV (0.01%) and First Hawaiian Bank (0.01%). 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 First Citizens Bank & Trust Co., Arlington Partners LLC, Louisiana State Employees Retirement System and Oakbrook Investments LLC. 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.

SNV stock was acquired by a variety of institutional investors in the last quarter, including Personal Capital Advisors Corp, Virtu Financial LLC, State of Alaska Department of Revenue, First Hawaiian Bank, Thomasville National Bank and Investors Asset Management of Georgia Inc. GA ADV. 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 $34.91.

Synovus Financial has a market capitalization of $4.13 billion and generates $1.62 billion in revenue each year. The bank earns $428.47 million in net income (profit) each year or $3.64 on an earnings per share basis. Synovus Financial employs 4,541 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]