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 declared a quarterly dividend on Tuesday, September 4th. Shareholders of record on Thursday, September 20th will be given a dividend of $0.25 per share on Monday, October 1st. This represents a $1.00 annualized dividend and a yield of 2.67%. The ex-dividend date of this dividend is Wednesday, September 19th. View Synovus Financial's Dividend History.

Synovus Financial announced that its board has approved a stock repurchase program on Wednesday, January 24th 2018, which allows the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company's board of directors believes its stock is undervalued.

Synovus Financial Corp. (NYSE:SNV) issued its quarterly earnings results on Tuesday, October, 23rd. The bank reported $0.95 EPS for the quarter, beating analysts' consensus estimates 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 15.05% and a net margin of 22.41%. The company's quarterly revenue was up 1.5% on a year-over-year basis. During the same quarter last year, the company posted $0.78 earnings per share. View Synovus Financial's Earnings History.

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

14 Wall Street analysts have issued twelve-month price objectives for Synovus Financial's stock. Their predictions range from $47.00 to $57.00. On average, they expect Synovus Financial's stock price to reach $52.00 in the next year. This suggests a possible upside of 38.6% 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 7 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Synovus Financial.

Media coverage about SNV stock has trended somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand news and blog sources. 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 -1.4 on InfoTrie's scale. They also assigned media stories about the bank a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days.

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

Synovus Financial's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.04%), Alliancebernstein L.P. (1.99%), Victory Capital Management Inc. (1.93%), MERIAN GLOBAL INVESTORS UK Ltd (1.46%), Prudential Financial Inc. (1.22%) and EJF Capital LLC (1.15%). 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, 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 FMR LLC, Credit Suisse AG, First Trust Advisors LP, AQR Capital Management LLC, Brown Advisory Inc., BlackRock Inc., Hsbc Holdings PLC and Deutsche Bank AG. Company insiders that have sold Synovus Financial company stock in the last year include Allen J Gula, Curtis J Perry, Mark G Holladay and Philip W Tomlinson. View Insider Buying and Selling for Synovus Financial.

SNV stock was bought by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, EJF Capital LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Prudential Financial Inc., Allianz Asset Management GmbH, Victory Capital Management Inc. and Alliancebernstein L.P.. 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, 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 $37.51.

Synovus Financial has a market capitalization of $4.37 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.

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]