Synovus Financial Stock Forecast, Price & News

Synovus Financial's stock was trading at $22.61 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SNV stock has decreased by 6.4% and is now trading at $21.17.
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9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synovus Financial in the last year. There are currently 1 hold rating and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Synovus Financial.

Synovus Financial is scheduled to release its next quarterly earnings announcement on Tuesday, October 20th 2020.
View our earnings forecast for Synovus Financial.

Synovus Financial will be holding an earnings conference call on Tuesday, October 20th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Synovus Financial Corp. (NYSE:SNV) posted its quarterly earnings results on Tuesday, July, 21st. The bank reported $0.23 EPS for the quarter, beating the Zacks' consensus estimate of $0.15 by $0.08. The bank had revenue of $472.80 million for the quarter, compared to the consensus estimate of $450.30 million. Synovus Financial had a net margin of 17.25% and a return on equity of 8.51%. The firm's quarterly revenue was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.00 earnings per share.
View Synovus Financial's earnings history.

Synovus Financial announced a quarterly dividend on Monday, June 8th. Investors of record on Thursday, June 18th will be given a dividend of $0.33 per share on Wednesday, July 1st. This represents a $1.32 annualized dividend and a yield of 6.24%. The ex-dividend date of this dividend is Wednesday, June 17th.
View Synovus Financial's dividend history.

9 brokers have issued 1 year target prices for Synovus Financial's stock. Their forecasts range from $19.00 to $42.00. On average, they anticipate Synovus Financial's stock price to reach $31.22 in the next year. This suggests a possible upside of 47.5% from the stock's current price.
View analysts' price targets for Synovus Financial.

Some companies that are related to Synovus Financial include Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), SVB Financial Group (SIVB), M&T Bank (MTB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Zions Bancorporation NA (ZION), East West Bancorp (EWBC), Signature Bank (SBNY) and Cullen/Frost Bankers (CFR).
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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), Citigroup (C), Bank of America (BAC), Huntington Bancshares (HBAN), Ford Motor (F), Pfizer (PFE), AbbVie (ABBV), JPMorgan Chase & Co. (JPM) and Wells Fargo & Company (WFC).

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

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 $21.17.

Synovus Financial has a market capitalization of $3.12 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 5,389 workers across the globe.

The official website for Synovus Financial is 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 706-641-6500 or via email at [email protected]