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. Investors of record on Thursday, December 20th will be given a dividend of $0.25 per share on Wednesday, January 2nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.55%. The ex-dividend date is Wednesday, December 19th. View Synovus Financial's Dividend History.

Synovus Financial announced that its Board of Directors has authorized a share buyback program on Wednesday, January 24th 2018, which allows the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company's leadership believes its stock is undervalued.

Synovus Financial Corp. (NYSE:SNV) issued its earnings results on Tuesday, January, 15th. The bank reported $0.92 earnings per share for the quarter, missing the consensus estimate of $0.94 by $0.02. The bank had revenue of $365.90 million for the quarter, compared to analyst estimates of $370.64 million. Synovus Financial had a return on equity of 15.68% and a net margin of 26.38%. Synovus Financial's revenue for the quarter was up 7.9% on a year-over-year basis. During the same period last year, the firm earned $0.70 EPS. View Synovus Financial's Earnings History.

Synovus Financial is scheduled to release their next quarterly earnings announcement on Tuesday, April 23rd 2019. View Earnings Estimates for Synovus Financial.

13 Wall Street analysts have issued 12 month price targets for Synovus Financial's shares. Their predictions range from $30.73 to $57.00. On average, they expect Synovus Financial's stock price to reach $45.8845 in the next year. This suggests a possible upside of 16.9% from the stock's current price. View Analyst Price Targets for Synovus Financial.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synovus Financial in the last year. There are currently 3 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Synovus Financial.

News headlines about SNV stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Synovus Financial earned a media sentiment score of 1.4 on InfoTrie's scale. They also gave news stories about the bank a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days.

Synovus Financial saw a drop in short interest in the month of January. As of January 15th, there was short interest totalling 5,528,166 shares, a drop of 45.9% from the December 31st total of 10,226,851 shares. Based on an average daily trading volume, of 3,587,858 shares, the days-to-cover ratio is currently 1.5 days. Approximately 4.8% of the shares of the stock are sold short. View Synovus Financial's Current Options Chain.

Some companies that are related to Synovus Financial include Shinhan Financial Group (SHG), KeyCorp (KEY), DANSKE BK A/S/S (DNKEY), Regions Financial (RF), Huntington Bancshares (HBAN), Comerica (CMA), Zions Bancorporation NA (ZION), Cullen/Frost Bankers (CFR), BOK Financial (BOKF), CIT Group (CIT), Webster Financial (WBS), First Horizon National (FHN), PacWest Bancorp (PACW), Akbank T.A.S. (AKBTY) and Pinnacle Financial Partners (PNFP).

Synovus Financial's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.10%), Synovus Financial Corp (5.15%), Millennium Management LLC (2.66%), Bank of New York Mellon Corp (2.07%), Victory Capital Management Inc. (1.93%) and Dimensional Fund Advisors LP (1.88%). 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 MERIAN GLOBAL INVESTORS UK Ltd, Millennium Management LLC, Martingale Asset Management L P, Brown Advisory Inc., PNC Financial Services Group Inc., Hancock Whitney Corp, First Trust Advisors LP and New York State Common Retirement Fund. Company insiders that have sold Synovus Financial company stock in the last year include Allen J Gula and Curtis J Perry. View Insider Buying and Selling for Synovus Financial.

SNV stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Oregon Public Employees Retirement Fund, Two Sigma Investments LP, Bank of New York Mellon Corp, Two Sigma Advisers LP, Los Angeles Capital Management & Equity Research Inc., Dimensional Fund Advisors LP and Geode Capital Management LLC. 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 $39.26.

Synovus Financial has a market capitalization of $4.57 billion and generates $1.62 billion in revenue each year. The bank earns $428.47 million in net income (profit) each year or $3.64 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]