Synovus Financial Stock Price, News & Analysis (NYSE:SNV)

Synovus Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "SNV."

Synovus Financial declared a -- dividend on Thursday, September 5th. Investors of record on Thursday, September 19th will be paid a dividend of $0.30 per share on Tuesday, October 1st. This represents a yield of 3.3%. The ex-dividend date of this dividend is Wednesday, September 18th. View Synovus Financial's Dividend History.

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

Synovus Financial Corp. (NYSE:SNV) announced its quarterly earnings data on Tuesday, October, 23rd. The bank reported $0.95 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 return on equity of 15.11% and a net margin of 24.15%. The company's quarterly revenue was up 1.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.78 EPS. View Synovus Financial's Earnings History.

Synovus Financial is scheduled to release their next quarterly earnings announcement on Tuesday, October 22nd 2019. View Earnings Estimates for Synovus Financial.

Synovus Financial will be holding an earnings conference call on Tuesday, October 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

15 analysts have issued 1-year price targets for Synovus Financial's shares. Their predictions range from $30.73 to $49.00. On average, they expect Synovus Financial's stock price to reach $42.75 in the next year. This suggests a possible upside of 21.2% 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 14 buy ratings and 1 strong buy rating 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, InfoTrie reports. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand blog and news 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 coverage optimism score of 0.8 on InfoTrie's scale. They also assigned news articles about the bank a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Synovus Financial.

Synovus Financial saw a drop in short interest in the month of September. As of September 30th, there was short interest totalling 3,530,000 shares, a drop of 22.6% from the August 30th total of 4,560,000 shares. Based on an average daily trading volume, of 1,390,000 shares, the days-to-cover ratio is presently 2.5 days. Currently, 2.3% of the shares of the stock are short sold. View Synovus Financial's Current Options Chain.

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

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), Cornerstone Total Return Fund (CRF), Huntington Bancshares (HBAN), Bank of America (BAC), CBL & Associates Properties (CBL), Ford Motor (F), SandRidge Permian Trust (PER) and SunCoke Energy Partners (SXCP).

Synovus Financial's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Scout Investments Inc. (0.72%), Whittier Trust Co. (0.04%), M&R Capital Management Inc. (0.04%), Pacer Advisors Inc. (0.04%), SeaCrest Wealth Management LLC (0.02%) and State of Alaska Department of Revenue (0.02%). Company insiders that own Synovus Financial stock include Allan E Kamensky, Allen J Gula, Barry L Storey, Curtis J Perry, Diana M Murphy, Elizabeth W Camp, Kessel D Stelling, Kevin S Blair, Mark G Holladay and Philip W Tomlinson. View Institutional Ownership Trends for Synovus Financial.

SNV stock was sold by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., Cerebellum GP LLC, Cerebellum GP LLC, Sippican Capital Advisors, Crossmark Global Holdings Inc., Landsberg Bennett & Dubbaneh LLC and Oakbrook Investments LLC. Company insiders that have sold Synovus Financial company stock in the last year include Allen J Gula and Mark G Holladay. View Insider Buying and Selling for Synovus Financial.

SNV stock was bought by a variety of institutional investors in the last quarter, including Scout Investments Inc., M&R Capital Management Inc., State of Alaska Department of Revenue, Envestnet Asset Management Inc., Whittier Trust Co. of Nevada Inc., Bailard Inc., Valeo Financial Advisors LLC and Whittier Trust Co.. Company insiders that have bought Synovus Financial stock in the last two years include Allan E Kamensky, Allen J Gula, Barry L Storey, 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, Robinhood, Fidelity and Charles Schwab.

One share of SNV stock can currently be purchased for approximately $35.28.

Synovus Financial has a market capitalization of $5.38 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.View Additional Information About Synovus Financial.

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]