Top-Rated Dividend Stocks NYSE:SNV Synovus Financial Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Synovus Financial Corp. Please log in to your account or sign up in order to add this asset to your watchlist. $36.88 +0.83 (+2.30%) (As of 07/1/2022 12:00 AM ET) Add Compare Share Today's Range$35.72▼$37.1250-Day Range$34.60▼$44.1652-Week Range$34.15▼$54.40Volume926,498 shsAverage Volume1.06 million shsMarket Capitalization$5.36 billionP/E Ratio7.65Dividend Yield3.69%Price Target$56.17 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Synovus Financial MarketRank™ ForecastAnalyst RatingModerate Buy2.89 Rating ScoreUpside/Downside52.3% Upside$56.17 Price TargetShort InterestBearish2.86% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.41Upright™ Environmental ScoreNews Sentiment0.30Based on 12 Articles This WeekInsider TradingAcquiring Shares$126.84 K Bought Last QuarterProj. Earnings Growth12.64%From $4.59 to $5.17 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.3.14 out of 5 starsFinance Sector22nd out of 1,355 stocksNational Commercial Banks Industry9th out of 111 stocks 4.4 Analyst's Opinion Consensus RatingSynovus Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.89, and is based on 8 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $56.17, Synovus Financial has a forecasted upside of 52.3% from its current price of $36.88.Amount of Analyst CoverageSynovus Financial has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.86% of the outstanding shares of Synovus Financial have been sold short.Short Interest Ratio / Days to CoverSynovus Financial has a short interest ratio ("days to cover") of 4.2.Change versus previous monthShort interest in Synovus Financial has recently increased by 14.64%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipSynovus Financial is a leading dividend payer. It pays a dividend yield of 3.69%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSynovus Financial has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Synovus Financial is 28.22%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Synovus Financial will have a dividend payout ratio of 26.31% next year. This indicates that Synovus Financial will be able to sustain or increase its dividend. Previous Next 2.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSynovus Financial has received a 43.15% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Payment platform", "Commercial deposit accounts", "Cash withdrawal services", "Mortgages provided by brick and mortar banks", "Mortgage loans for corporations", and "Consumer savings accounts provided by brick and mortar banks" products. See details.Environmental SustainabilityThe Environmental Impact score for Synovus Financial is -0.41. Previous Next 1.8 News and Social Media Coverage News SentimentSynovus Financial has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Synovus Financial this week, compared to 2 articles on an average week.Search InterestOnly 7 people have searched for SNV on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Synovus Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Synovus Financial insiders have bought more of their company's stock than they have sold. Specifically, they have bought $126,840.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.55% of the stock of Synovus Financial is held by insiders.Percentage Held by Institutions79.53% of the stock of Synovus Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Synovus Financial are expected to grow by 12.64% in the coming year, from $4.59 to $5.17 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Synovus Financial is 7.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 69.75.Price to Earnings Ratio vs. SectorThe P/E ratio of Synovus Financial is 7.65, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 81.87.Price to Earnings Growth RatioSynovus Financial has a PEG Ratio of 2.31. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSynovus Financial has a P/B Ratio of 1.13. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive SNV Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Synovus Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address About Synovus Financial (NYSE:SNV) StockSynovus 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.Read More SNV Stock News HeadlinesJuly 3, 2022 | americanbankingnews.comJPMorgan Chase & Co. Cuts Synovus Financial (NYSE:SNV) Price Target to $46.00July 2, 2022 | americanbankingnews.comDA Davidson Equities Analysts Lift Earnings Estimates for Synovus Financial Corp. (NYSE:SNV)July 1, 2022 | bizjournals.comSynovus names new Nashville market leaderJune 30, 2022 | americanbankingnews.comAnalysts Set Synovus Financial Corp. (NYSE:SNV) Price Target at $57.28June 28, 2022 | finance.yahoo.comProfessional Holding (PFHD) Stock Jumps 5.7%: Will It Continue to Soar?June 22, 2022 | finance.yahoo.comSynovus Announces Two Additions to Board of DirectorsJune 17, 2022 | finance.yahoo.comSynovus to Announce Second Quarter 2022 Results on July 21, 2022June 17, 2022 | americanbankingnews.comSynovus Financial (NYSE:SNV) Reaches New 52-Week Low Following Analyst DowngradeJune 17, 2022 | americanbankingnews.comSynovus Financial (NYSE:SNV) Hits New 1-Year Low on Analyst DowngradeJune 16, 2022 | nasdaq.comSynovus Financial Named Top Dividend Stock With Insider Buying and 3.71% Yield (SNV)June 16, 2022 | americanbankingnews.comSynovus Financial (NYSE:SNV) Price Target Lowered to $50.00 at Truist FinancialJune 13, 2022 | finance.yahoo.comWhat the SEC's proposed climate disclosures mean for banksJune 13, 2022 | americanbankingnews.comSynovus Financial Corp. (SNV) To Go Ex-Dividend on June 15thJune 12, 2022 | finance.yahoo.comThere's A Lot To Like About Synovus Financial's (NYSE:SNV) Upcoming US$0.34 DividendJune 12, 2022 | americanbankingnews.comSynovus Financial (NYSE:SNV) Sets New 52-Week Low at $37.89May 23, 2022 | finance.yahoo.comBalance-Sheet Strength Aids Synovus (SNV) Despite High CostsMay 19, 2022 | nasdaq.comSynovus Financial's Preferred Stock, Series E Crosses Above 6% Yield TerritoryMay 19, 2022 | nasdaq.comInteresting SNV Put And Call Options For July 15thMay 16, 2022 | nasdaq.comSynovus Financial Enters Oversold TerritoryMay 12, 2022 | nasdaq.comWill Insiders Be Tempted To Buy More SNV At The New 52-Week Low?May 11, 2022 | finance.yahoo.com47% earnings growth over 1 year has not materialized into gains for Synovus Financial (NYSE:SNV) shareholders over that periodApril 22, 2022 | markets.businessinsider.comAnalyst Ratings for Synovus FinlApril 22, 2022 | nasdaq.comSynovus (SNV) Q1 Earnings Beat, Revenues Miss, Stock Down 3.7%April 21, 2022 | seekingalpha.comSynovus Financial Corp. (SNV) CEO Kevin Blair on Q1 2022 Results - Earnings Call TranscriptApril 21, 2022 | seekingalpha.comSynovus boosts guidance for loan growth, adjusted revenue after Q1 earnings beatSee More Headlines Industry, Sector and Symbol Stock ExchangeNYSE Industry National commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNYSE:SNV CUSIP87161C10 CIK18349 Webwww.synovus.com Phone(706) 649-2311Fax706-641-6555Employees4,988Year Founded1888Company Calendar Last Earnings4/21/2022Ex-Dividend for 7/1 Dividend6/15/2022Dividend Payable7/01/2022Today7/03/2022Next Earnings (Confirmed)7/21/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$56.17 High Stock Price Forecast$68.00 Low Stock Price Forecast$46.00 Forecasted Upside/Downside+52.3%Consensus RatingModerate Buy Rating Score (0-4)2.88888888888889 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$4.82 Trailing P/E Ratio7.65 Forward P/E Ratio8.03 P/E Growth2.31Net Income$760.47 million Net Margins35.38% Pretax Margin45.95% Return on Equity16.00% Return on Assets1.32% Debt Debt-to-Equity Ratio0.19 Current Ratio0.86 Quick Ratio0.84 Sales & Book Value Annual Sales$2.10 billion Price / Sales2.55 Cash Flow$6.15 per share Price / Cash Flow6.00 Book Value$32.71 per share Price / Book1.13Miscellaneous Outstanding Shares145,340,000Free Float143,088,000Market Cap$5.36 billion OptionableOptionable Beta1.44 Social Links Synovus Financial Frequently Asked Questions Should I buy or sell Synovus Financial stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synovus Financial in the last twelve months. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" Synovus Financial stock. View analyst ratings for Synovus Financial or view top-rated stocks. What is Synovus Financial's stock price forecast for 2022? 9 brokerages have issued 12-month price targets for Synovus Financial's shares. Their SNV stock forecasts range from $46.00 to $68.00. On average, they anticipate Synovus Financial's share price to reach $56.17 in the next twelve months. This suggests a possible upside of 52.3% from the stock's current price. View analysts' price targets for Synovus Financial or view top-rated stocks among Wall Street analysts. How has Synovus Financial's stock price performed in 2022? Synovus Financial's stock was trading at $47.87 at the start of the year. Since then, SNV stock has decreased by 23.0% and is now trading at $36.88. View the best growth stocks for 2022 here. When is Synovus Financial's next earnings date? Synovus Financial is scheduled to release its next quarterly earnings announcement on Thursday, July 21st 2022. View our earnings forecast for Synovus Financial. How can I listen to Synovus Financial's earnings call? Synovus Financial will be holding an earnings conference call on Thursday, July 21st 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) issued its quarterly earnings results on Thursday, April, 21st. The bank reported $1.08 EPS for the quarter, beating the consensus estimate of $1.03 by $0.05. The bank earned $498.50 million during the quarter, compared to the consensus estimate of $497.35 million. Synovus Financial had a net margin of 35.38% and a trailing twelve-month return on equity of 16.00%. Synovus Financial's revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the business earned $1.21 EPS. View Synovus Financial's earnings history. How often does Synovus Financial pay dividends? What is the dividend yield for Synovus Financial? Synovus Financial declared a quarterly dividend on Thursday, June 2nd. Shareholders of record on Thursday, June 16th will be paid a dividend of $0.34 per share on Friday, July 1st. This represents a $1.36 annualized dividend and a dividend yield of 3.69%. The ex-dividend date is Wednesday, June 15th. View Synovus Financial's dividend history. 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 3.69%. Synovus Financial does not yet have a strong track record of dividend growth. The dividend payout ratio of Synovus Financial is 28.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Synovus Financial will have a dividend payout ratio of 26.31% next year. This indicates that Synovus Financial will be able to sustain or increase its dividend. View Synovus Financial's dividend history. Who are Synovus Financial's key executives? Synovus Financial's management team includes the following people: Mr. Kessel D. Stelling Jr., Exec. Chairman (Age 66, Pay $3.53M) (LinkedIn Profile)Mr. Kevin S. Blair, CEO, Pres & Exec. Director (Age 51, Pay $2.33M) (LinkedIn Profile)Mr. Andrew Jamie Gregory Jr., Exec. VP & CFO (Age 46, Pay $1.05M)Mr. Robert Warren Derrick, Exec. VP & Chief Credit Officer (Age 58, Pay $704.18k)Ms. Jill K. Hurley, Chief Accounting Officer & Controller (Age 42)Mr. Thomas T. Dierdorff, Exec. VP and Head of Corp. & Investment Banking (Age 54)Mr. Daniel Zachary Bishop, Exec. VP and Head of Technology, Operations & Security (Age 46)Cal Evans, Sr. Director of Investor Relations & Market IntelligenceMr. Allan E. Kamensky Esq., Exec. VP & Gen. Counsel (Age 60)Ms. Gloria C. Banks, Exec. VP & Chief Compliance and Ethics Officer What is Kessel D. Stelling Jr.'s approval rating as Synovus Financial's CEO? 133 employees have rated Synovus Financial CEO Kessel D. Stelling Jr. on Glassdoor.com. Kessel D. Stelling Jr. has an approval rating of 93% among Synovus Financial's employees. This puts Kessel D. Stelling Jr. in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. Who are some of Synovus Financial's key competitors? Some companies that are related to Synovus Financial include The PNC Financial Services Group (PNC), Truist Financial (TFC), M&T Bank (MTB), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), Regions Financial (RF), Huntington Bancshares (HBAN), KeyCorp (KEY), First Horizon (FHN), Signature Bank (SBNY), First Citizens BancShares (FCNCA), East West Bancorp (EWBC), Commerce Bancshares (CBSH) and Zions Bancorporation, National Association (ZION). View all of SNV's competitors. 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 (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." How do I buy shares of 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 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 $36.88. How much money does Synovus Financial make? Synovus Financial (NYSE:SNV) has a market capitalization of $5.36 billion and generates $2.10 billion in revenue each year. The bank earns $760.47 million in net income (profit) each year or $4.82 on an earnings per share basis. How many employees does Synovus Financial have? Synovus Financial 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 When was Synovus Financial founded? Synovus Financial was founded in 1888. How can I contact Synovus Financial? Synovus Financial's mailing address is 1111 BAY AVENUE SUITE 500, COLUMBUS GA, 31901. The official website for Synovus Financial 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 7/3/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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