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Closing prices for crude oil, gold and other commodities
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'Crucial' vote could move Italy to right; many might boycott
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S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Become an Ethical Hacking and Cybercrime Expert
The 3-Stock Retirement Blueprint (Ad)
Judge rejects Justice Dept.'s bid to stop sugar merger
Will Wall Street's Enthusiasm About Datadog Lead To Big Gains?
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Closing prices for crude oil, gold and other commodities
Dow sinks to 2022 low as recession fears roil world markets
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
'Crucial' vote could move Italy to right; many might boycott
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The 3-Stock Retirement Blueprint (Ad)
Judge rejects Justice Dept.'s bid to stop sugar merger
Will Wall Street's Enthusiasm About Datadog Lead To Big Gains?
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Closing prices for crude oil, gold and other commodities
Dow sinks to 2022 low as recession fears roil world markets
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
'Crucial' vote could move Italy to right; many might boycott
MarketBeat: Week in Review 9/19 – 9/23

Synovus Financial - SNV Stock Forecast, Price & News

$37.68
-0.70 (-1.82%)
(As of 09/23/2022 12:00 AM ET)
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Compare
Today's Range
$36.95
$37.91
50-Day Range
$36.75
$44.13
52-Week Range
$34.15
$54.40
Volume
952,145 shs
Average Volume
775,383 shs
Market Capitalization
$5.48 billion
P/E Ratio
7.87
Dividend Yield
3.54%
Price Target
$53.05

Synovus Financial MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.89 Rating Score
Upside/​Downside
40.8% Upside
$53.05 Price Target
Short Interest
Healthy
2.81% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.41
Upright™ Environmental Score
News Sentiment
0.00mentions of Synovus Financial in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.67%
From $4.86 to $5.33 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.79 out of 5 stars

Finance Sector

251st out of 890 stocks

National Commercial Banks Industry

32nd out of 86 stocks

SNV stock logo

About Synovus Financial (NYSE:SNV) Stock

Synovus Financial Corp. operates as the bank holding company for Synovus Bank that provides commercial and retail banking products and services. It operates through three segments: Community Banking, Wholesale Banking, and Financial Management Services. The company's commercial banking services include treasury management, asset management, capital market, and institutional trust services, as well as commercial, financial, and real estate loans. Its retail banking services comprise accepting customary types of demand and savings deposits accounts; mortgage, installment, and other consumer loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfers; Internet-based banking services; and bank credit and debit card services. The company also offers various other financial services, including portfolio management for fixed-income securities, investment banking, execution of securities transactions as a broker/dealer, and financial planning services, as well as provides individual investment advice on equity and other securities. As of December 31, 2020, it operated through 289 branches and 389 ATMs in Alabama, Florida, Georgia, South Carolina, and Tennessee. The company was founded in 1888 and is headquartered in Columbus, Georgia.

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SNV Stock News Headlines

SNV.PE Synovus Financial Corp. 5.875 PFD SER E
Synovus Financial Corp. (SNV-PE)
Synovus Financial Corp SNV Stock Quote
Synovus Financial Corp. (SNV)
Synovus Announces Senior Notes Offering
Synovus Names Shellie Creson as Chief Risk Officer
Synovus Financial Q2 Profit Decreases, but beats estimates
Here's what to expect from Synovus Financial's earnings report
Bank sells repossessed warehouse in Medley for $20M
Synovus names new Nashville market leader
See More Headlines
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SNV Company Calendar

Ex-Dividend for 7/1 Dividend
6/15/2022
Dividend Payable
7/01/2022
Last Earnings
7/21/2022
Ex-Dividend for 10/3 Dividend
9/14/2022
Today
9/24/2022
Dividend Payable
10/03/2022
Next Earnings (Confirmed)
10/20/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
Regional Banks
Sector
Finance
CUSIP
87161C10
Employees
4,988
Year Founded
1888

Price Target and Rating

Average Stock Price Forecast
$53.05
High Stock Price Forecast
$68.00
Low Stock Price Forecast
$45.00
Forecasted Upside/Downside
+40.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.89
Research Coverage
9 Analysts

Profitability

Net Income
$760.47 million
Pretax Margin
44.57%

Debt

Sales & Book Value

Annual Sales
$2.10 billion
Cash Flow
$6.03 per share
Book Value
$32.71 per share

Miscellaneous

Free Float
143,117,000
Market Cap
$5.48 billion
Optionable
Optionable
Beta
1.42

Social Links


Key Executives

  • Mr. Kessel D. Stelling Jr.Mr. Kessel D. Stelling Jr. (Age 66)
    Exec. Chairman
    Comp: $3.53M
  • Mr. Kevin S. BlairMr. Kevin S. Blair (Age 51)
    CEO, Pres & Exec. Director
    Comp: $2.33M
  • Mr. Andrew Jamie Gregory Jr.Mr. Andrew Jamie Gregory Jr. (Age 46)
    Exec. VP & CFO
    Comp: $1.05M
  • Mr. Robert Warren Derrick (Age 58)
    Exec. VP & Chief Credit Officer
    Comp: $704.18k
  • Ms. Jill K. Hurley (Age 42)
    Chief Accounting Officer & Controller
  • Mr. Thomas T. Dierdorff (Age 54)
    Exec. VP and Head of Corp. & Investment Banking
  • Mr. Daniel Zachary Bishop (Age 46)
    Exec. VP and Head of Technology, Operations & Security
  • Cal Evans
    Sr. Director of Investor Relations & Market Intelligence
  • Mr. Allan E. Kamensky Esq. (Age 60)
    Exec. VP & Gen. Counsel
  • Ms. Gloria C. Banks
    Exec. VP & Chief Compliance and Ethics Officer













SNV Stock - Frequently Asked Questions

Should I buy or sell Synovus Financial stock right now?

9 Wall Street equities research 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. The consensus among Wall Street equities research analysts is that investors should "buy" SNV shares.
View SNV analyst ratings
or view top-rated stocks.

What is Synovus Financial's stock price forecast for 2022?

9 analysts have issued 12-month price targets for Synovus Financial's shares. Their SNV share price forecasts range from $45.00 to $68.00. On average, they expect the company's stock price to reach $53.05 in the next twelve months. This suggests a possible upside of 40.8% from the stock's current price.
View analysts price targets for SNV
or view top-rated stocks among Wall Street analysts.

How have SNV shares performed in 2022?

Synovus Financial's stock was trading at $47.87 at the beginning of the year. Since then, SNV shares have decreased by 21.3% and is now trading at $37.68.
View the best growth stocks for 2022 here
.

When is Synovus Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 20th 2022.
View our SNV earnings forecast
.

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

Synovus Financial will be holding an earnings conference call on Thursday, October 20th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Synovus Financial's earnings last quarter?

Synovus Financial Corp. (NYSE:SNV) released its earnings results on Thursday, July, 21st. The bank reported $1.17 earnings per share for the quarter, topping analysts' consensus estimates of $1.10 by $0.07. The bank earned $522.60 million during the quarter, compared to analyst estimates of $518.64 million. Synovus Financial had a trailing twelve-month return on equity of 16.40% and a net margin of 34.48%. The company's revenue was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.20 earnings per share.

How often does Synovus Financial pay dividends? What is the dividend yield for Synovus Financial?

Synovus Financial declared a quarterly dividend on Thursday, September 1st. Shareholders of record on Thursday, September 15th will be given a dividend of $0.34 per share on Monday, October 3rd. This represents a $1.36 dividend on an annualized basis and a yield of 3.61%. The ex-dividend date is Wednesday, September 14th.
Read our dividend analysis for SNV
.

Is Synovus Financial a good dividend stock?

Synovus Financial (NYSE:SNV) pays an annual dividend of $1.36 per share and currently has a dividend yield of 3.54%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 28.39%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SNV will have a dividend payout ratio of 25.52% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SNV.

What is Kessel D. Stelling Jr.'s approval rating as Synovus Financial's CEO?

133 employees have rated Synovus Financial Chief Executive Officer Kessel D. Stelling Jr. on Glassdoor.com. Kessel D. Stelling Jr. has an approval rating of 93% among the company's employees. This puts Kessel D. Stelling Jr. in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

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 (ET), AT&T (T), Citigroup (C), Bank of America (BAC), Huntington Bancshares (HBAN), Pfizer (PFE), Ford Motor (F), JPMorgan Chase & Co. (JPM), Wells Fargo & Company (WFC) and AbbVie (ABBV).

What is Synovus Financial's stock symbol?

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

Who are Synovus Financial's major shareholders?

Synovus Financial's stock is owned by a number of institutional and retail investors. Top institutional investors include Synovus Financial Corp (4.04%), State Street Corp (4.02%), FMR LLC (2.95%), Macquarie Group Ltd. (2.07%), Victory Capital Management Inc. (1.11%) and Thrivent Financial for Lutherans (0.80%). Insiders that own company stock include Andrew J Jr Gregory, John L Stallworth, Joseph J Prochaska Jr, Kessel D Stelling, Kevin S Blair, Mark G Holladay, Mark G Holladay and Stephen T Butler.
View institutional ownership trends
.

How do I buy shares of Synovus Financial?

Shares of SNV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Synovus Financial's stock price today?

One share of SNV stock can currently be purchased for approximately $37.68.

How much money does Synovus Financial make?

Synovus Financial (NYSE:SNV) has a market capitalization of $5.48 billion and generates $2.10 billion in revenue each year. The bank earns $760.47 million in net income (profit) each year or $4.79 on an earnings per share basis.

How many employees does Synovus Financial have?

The company employs 4,988 workers across the globe.

Does Synovus Financial have any subsidiaries?
The following companies are subsidiares of Synovus Financial: Florida Community Bank.
Read More
How can I contact Synovus Financial?

Synovus Financial's mailing address is 1111 BAY AVENUE SUITE 500, COLUMBUS GA, 31901. The official website for the company is www.synovus.com. The bank can be reached via phone at (706) 649-2311, via email at bobmay@synovus.com, or via fax at 706-641-6555.

This page (NYSE:SNV) was last updated on 9/24/2022 by MarketBeat.com Staff

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