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

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

Synovus Financial announced a quarterly dividend on Thursday, December 5th. Shareholders 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 annualized dividend and a yield of 3.28%. The ex-dividend date is Wednesday, December 18th. View Synovus Financial's Dividend History.

Synovus Financial Corp. (NYSE:SNV) issued its quarterly earnings results on Friday, January, 24th. The bank reported $0.94 earnings per share for the quarter, missing the consensus estimate of $0.97 by $0.03. The bank earned $498 million during the quarter, compared to analyst estimates of $484.72 million. Synovus Financial had a net margin of 23.43% and a return on equity of 14.09%. The firm's revenue was up 36.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.92 earnings per share. View Synovus Financial's Earnings History.

Synovus Financial is scheduled to release their next quarterly earnings announcement on Tuesday, April 28th 2020. View Earnings Estimates for Synovus Financial.

12 brokers have issued 12-month target prices for Synovus Financial's stock. Their forecasts range from $39.00 to $49.00. On average, they expect Synovus Financial's share price to reach $42.55 in the next year. This suggests a possible upside of 16.1% from the stock's current price. View Analyst Price Targets for Synovus Financial.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synovus Financial in the last year. There are currently 1 hold rating 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 somewhat negative on Monday, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Synovus Financial earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned media stories about the bank a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Synovus Financial.

Synovus Financial saw a drop in short interest in January. As of January 15th, there was short interest totalling 2,900,000 shares, a drop of 9.9% from the December 31st total of 3,220,000 shares. Based on an average trading volume of 1,220,000 shares, the short-interest ratio is currently 2.4 days. Currently, 2.0% of the shares of the company are short sold. View Synovus Financial's Current Options Chain.

Some companies that are related to Synovus Financial include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Commerce Bancshares (CBSH), Zions Bancorporation NA (ZION), Signature Bank (SBNY), East West Bancorp (EWBC) and TCF Financial (TCF).

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

Synovus Financial's stock is owned by many different of retail and institutional investors. Top institutional investors include Synovus Financial Corp (4.13%), State Street Corp (3.67%), Franklin Resources Inc. (2.00%), Bank of America Corp DE (1.49%), EJF Capital LLC (1.45%) and Bank of New York Mellon Corp (1.33%). 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 Victory Capital Management Inc., Victory Capital Management Inc., Goldman Sachs Group Inc., PNC Financial Services Group Inc., Los Angeles Capital Management & Equity Research Inc., Principal Financial Group Inc., Alyeska Investment Group L.P. and Bank of America Corp DE. View Insider Buying and Selling for Synovus Financial.

SNV stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, EJF Capital LLC, Prudential Financial Inc., Renaissance Technologies LLC, LSV Asset Management, Franklin Resources Inc., Thrivent Financial for Lutherans and AQR Capital Management LLC. 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 $36.63.

Synovus Financial has a market capitalization of $5.37 billion and generates $2.41 billion in revenue each year. The bank earns $563.78 million in net income (profit) each year or $3.90 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]