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 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 3.13%. The ex-dividend date of this dividend is Wednesday, December 19th. View Synovus Financial's Dividend History.

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

Synovus Financial Corp. (NYSE:SNV) posted its quarterly earnings data 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 had revenue of $363.29 million for the quarter, compared to the consensus estimate of $368.24 million. Synovus Financial had a net margin of 22.41% and a return on equity of 15.05%. The firm's revenue was up 1.5% on a year-over-year basis. During the same quarter last 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, January 22nd 2019. View Earnings Estimates for Synovus Financial.

14 brokerages have issued 1 year price targets for Synovus Financial's stock. Their predictions range from $43.00 to $57.00. On average, they expect Synovus Financial's share price to reach $51.00 in the next year. This suggests a possible upside of 59.8% 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 been trending negative this week, InfoTrie reports. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Synovus Financial earned a media sentiment score of -2.4 on InfoTrie's scale. They also gave media headlines about the bank a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the near future.

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

Synovus Financial's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.04%), Vanguard Group Inc. (9.59%), Vanguard Group Inc (9.59%), Alliancebernstein L.P. (1.99%), Victory Capital Management Inc. (1.93%) and MERIAN GLOBAL INVESTORS UK Ltd (1.46%). 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 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 and Mark G Holladay. View Insider Buying and Selling for Synovus Financial.

SNV stock was purchased by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Marshall Wace LLP, EJF Capital LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Prudential Financial Inc., Allianz Asset Management GmbH and Vanguard Group Inc. 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 $31.92.

Synovus Financial has a market capitalization of $3.75 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]