Log in
(Ad)
I call it my "Dividend Map", and I'll show you exactly where to find the safest companies that pay the highest yields. (HINT: Texas has 6 of these companies sending huge payouts that average 77%!). I'm willing to send you my Map... but only if you

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

$39.21
-0.26 (-0.66 %)
(As of 01/23/2020 08:54 AM ET)
Today's Range
$39.01
Now: $39.21
$39.67
50-Day Range
$38.05
MA: $38.95
$40.26
52-Week Range
$31.80
Now: $39.21
$40.41
Volume2.18 million shs
Average Volume904,326 shs
Market Capitalization$5.75 billion
P/E Ratio11.60
Dividend Yield3.04%
Beta1.36
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 treasury management, asset management, capital market, and institutional trust services, as well as commercial, financial, and real estate loans. Read More…

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
CUSIP87161C10
Phone706-649-2311

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.62 billion
Cash Flow$4.32 per share
Book Value$25.36 per share

Profitability

Net Income$428.48 million

Miscellaneous

Employees4,651
Market Cap$5.75 billion
Next Earnings Date1/24/2020 (Confirmed)
OptionableOptionable

Receive SNV News and Ratings via Email

Sign-up to receive the latest news and ratings for SNV and its competitors with MarketBeat's FREE daily newsletter.


(Ad)

A devastating technical glitch could crush the next generation of wireless technology before it even launches. With trillions of dollars and millions of jobs at stake, one company with the "5G fix" could put as much as $234,770 in your pocket this year. But Wall Street vultures are circling... you'll need to move quickly or risk missing this $5 bargain.

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 Thursday, December 5th. Stockholders of record on Thursday, December 19th will be paid a dividend of $0.30 per share on Thursday, January 2nd. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.06%. The ex-dividend date is Wednesday, December 18th. View Synovus Financial's Dividend History.

How will Synovus Financial's stock buyback program work?

Synovus Financial announced that its board has approved a stock 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 reacquire shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's board of directors believes its shares are undervalued.

How were Synovus Financial's earnings last quarter?

Synovus Financial Corp. (NYSE:SNV) released its quarterly earnings results on Tuesday, October, 22nd. The bank reported $0.97 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.00 by $0.03. The bank earned $490.86 million during the quarter, compared to analysts' expectations of $486.74 million. Synovus Financial had a return on equity of 14.43% and a net margin of 23.22%. The firm's quarterly revenue was up 35.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.94 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 Friday, January 24th 2020. View Earnings Estimates for Synovus Financial.

How can I listen to Synovus Financial's earnings call?

Synovus Financial will be holding an earnings conference call on Friday, January 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for SNV?

11 brokerages have issued 1 year target prices for Synovus Financial's shares. Their forecasts range from $39.00 to $49.00. On average, they anticipate Synovus Financial's stock price to reach $43.60 in the next year. This suggests a possible upside of 11.2% from the stock's current price. View Analyst Price Targets for Synovus Financial.

What is the consensus analysts' recommendation for Synovus Financial?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synovus Financial in the last year. There are currently 1 hold rating, 9 buy ratings and 1 strong buy rating 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 stories about SNV stock have been trending somewhat positive this week, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Synovus Financial earned a news sentiment score of 1.6 on InfoTrie's scale. They also assigned news headlines about the bank a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Synovus Financial.

Are investors shorting Synovus Financial?

Synovus Financial saw a drop in short interest in the month of December. As of December 31st, there was short interest totalling 2,900,000 shares, a drop of 9.9% from the December 15th total of 3,220,000 shares. Based on an average trading volume of 1,250,000 shares, the short-interest ratio is presently 2.3 days. Approximately 2.0% of the company's shares are short sold. View Synovus Financial's Current Options Chain.

Who are some of Synovus Financial's key competitors?

What other stocks do shareholders of Synovus Financial own?

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

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 63)
  • Mr. Kevin S. Blair, Sr. EVP, COO & Interim CFO (Age 48)
  • Mr. Mark G. Holladay, Exec. VP & Chief Risk Officer (Age 64)
  • Mr. Jeffrey Barton Singleton, Exec. VP & Pres of Financial Management Services (Age 55)
  • Ms. Jill K. Hurley, Chief Accounting Officer (Age 39)

Who are Synovus Financial's major shareholders?

Synovus Financial's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Scout Investments Inc. (0.72%), Steward Partners Investment Advisory LLC (0.05%), M&R Capital Management Inc. (0.04%), Louisiana State Employees Retirement System (0.02%), Janney Montgomery Scott 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.

Which major investors are selling Synovus Financial stock?

SNV stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., SeaCrest Wealth Management LLC, State of Alaska Department of Revenue, M&R Capital Management Inc., IFP Advisors Inc, Louisiana State Employees Retirement System, Janney Capital Management LLC and Tocqueville Asset Management L.P.. 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 Cerebellum GP LLC, AE Wealth Management LLC, Murphy Middleton Hinkle & Parker Inc., Nachman Norwood & Parrott Inc, Janney Montgomery Scott LLC, Steward Partners Investment Advisory LLC, Huntington National Bank and Barnett & Company Inc.. 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.

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, Robinhood, Fidelity and Charles Schwab.

What is Synovus Financial's stock price today?

One share of SNV stock can currently be purchased for approximately $39.21.

How big of a company is Synovus Financial?

Synovus Financial has a market capitalization of $5.75 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.

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:  2.0 out of 5 (star star)
Outperform Votes:  333 (Vote Outperform)
Underperform Votes:  491 (Vote Underperform)
Total Votes:  824
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 1/23/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel