Top-Rated Dividend Stocks NYSE:SNV Synovus Financial - SNV 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. $40.65 -0.54 (-1.31%) (As of 01/30/2023 01:06 PM ET) Add Compare Share Share Today's Range$40.65▼$41.1950-Day Range$35.75▼$43.1052-Week Range$34.15▼$54.40Volume162,688 shsAverage Volume1.16 million shsMarket Capitalization$5.91 billionP/E Ratio8.21Dividend Yield3.30%Price Target$47.40 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Synovus Financial MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside16.4% Upside$47.40 Price TargetShort InterestHealthy3.08% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.37Upright™ Environmental ScoreNews Sentiment1.02Based on 7 Articles This WeekInsider TradingSelling Shares$29,039 Sold Last QuarterProj. Earnings Growth3.46%From $5.20 to $5.38 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.61 out of 5 starsFinance Sector227th out of 891 stocksNational Commercial Banks Industry26th out of 85 stocks 2.4 Analyst's Opinion Consensus RatingSynovus Financial has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $47.40, Synovus Financial has a forecasted upside of 16.4% from its current price of $40.73.Amount of Analyst CoverageSynovus Financial has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.08% of the float of Synovus Financial has been sold short.Short Interest Ratio / Days to CoverSynovus Financial has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Synovus Financial has recently increased by 5.97%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldSynovus Financial pays a meaningful dividend of 3.30%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSynovus Financial has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Synovus Financial is 27.47%. 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 25.28% next year. This indicates that Synovus Financial will be able to sustain or increase its dividend. Previous Next 3.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSynovus Financial has received a 37.92% net impact score from Upright. Synovus Financial seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Commercial deposit accounts", "Cash withdrawal services", "Wire transfer services", "Home equity loans", "Mortgages provided by brick and mortar banks", and "Debit cards" products. See details.Environmental SustainabilityThe Environmental Impact score for Synovus Financial is -0.37. Previous Next 3.9 News and Social Media Coverage News SentimentSynovus Financial has a news sentiment score of 1.02. 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 higher news sentiment than the 0.66 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Synovus Financial this week, compared to 2 articles on an average week.Search Interest9 people have searched for SNV on MarketBeat in the last 30 days. This is an increase of 800% compared to the previous 30 days.MarketBeat Follows5 people have added Synovus Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Synovus Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $29,039.00 in company stock.Percentage Held by InsidersOnly 1.55% of the stock of Synovus Financial is held by insiders.Percentage Held by Institutions79.89% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Synovus Financial are expected to grow by 3.46% in the coming year, from $5.20 to $5.38 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Synovus Financial is 8.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.21.Price to Earnings Ratio vs. SectorThe P/E ratio of Synovus Financial is 8.23, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 179.43.Price to Earnings Growth RatioSynovus Financial has a PEG Ratio of 2.63. 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 1.50. 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 About Synovus Financial (NYSE:SNV) StockSynovus Financial Corp. is a bank holding company, which engages in the provision of financial services. The company operates through the following segments: Community Banking, Wholesale Banking, and Financial Management Services (FMS). The Community Banking business segment serves customers using a relationship-based approach through its branch, ATM, commercial, and private wealth network in addition to mobile, Internet, and telephone banking. The Wholesale Banking business segment serves primarily larger corporate customers by providing commercial lending and deposit services through specialty teams including middle market, CRE, senior housing, national accounts, premium finance, structured lending, healthcare, asset-based lending, and community investment capital. The Financial Management Services (FMS) business segment serves its customers by providing mortgage and trust services and specializing in professional portfolio management for fixed-income securities, investment banking, the execution of securities transactions as a broker/dealer, asset management, financial planning, and family office services, as well as the provision of individual investment advice on equity and otRead More 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 SNV Stock News HeadlinesJanuary 25, 2023 | americanbankingnews.comSynovus Financial Corp. (NYSE:SNV) to Post Q1 2023 Earnings of $1.32 Per Share, DA Davidson ForecastsJanuary 24, 2023 | americanbankingnews.comEquities Analysts Set Expectations for Synovus Financial Corp.'s Q1 2023 Earnings (NYSE:SNV)January 30, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 23, 2023 | americanbankingnews.comSynovus Financial (NYSE:SNV) Given New $46.00 Price Target at Raymond JamesJanuary 20, 2023 | finance.yahoo.comSynovus Financial Corp. (NYSE:SNV) Q4 2022 Earnings Call TranscriptJanuary 20, 2023 | finance.yahoo.comSynovus Financial Full Year 2022 Earnings: In Line With ExpectationsJanuary 19, 2023 | seekingalpha.comSynovus Financial Corp. (SNV) Q4 2022 Earnings Call TranscriptJanuary 19, 2023 | finance.yahoo.comWall Street Analysts See a 25.55% Upside in Synovus (SNV): Can the Stock Really Move This High?January 30, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.January 19, 2023 | finance.yahoo.comSynovus (SNV) Q4 Earnings Miss Estimates as Provisions RiseJanuary 18, 2023 | msn.comSynovus Q4 earnings in line with expectations as higher rates continue to drive NIIJanuary 18, 2023 | finance.yahoo.comSynovus Financial (SNV) Q4 Earnings Lag EstimatesJanuary 18, 2023 | finance.yahoo.comSynovus Announces Earnings for the Fourth Quarter 2022January 16, 2023 | finance.yahoo.comIndependent Bank Group (IBTX) Reports Next Week: What to Know Ahead of the ReleaseJanuary 5, 2023 | finance.yahoo.comSynovus Announces Partnership with Teil Duncan Henley and Russell HenleyJanuary 1, 2023 | wsj.comSynovus Financial Corp. Fixed-to-Floating Rate Non-Cum. Perp. Pfd. Series DDecember 19, 2022 | finance.yahoo.comSynovus to Announce Fourth Quarter 2022 Results on Jan. 19, 2023December 16, 2022 | finance.yahoo.comSynovus Names New Enterprise and Operational Risk Executive DirectorDecember 15, 2022 | finance.yahoo.comKevin Blair to Succeed Kessel Stelling as Synovus Board ChairDecember 9, 2022 | finance.yahoo.comSynovus Financial Corp. (NYSE:SNV) Passed Our Checks, And It's About To Pay A US$0.34 DividendDecember 5, 2022 | markets.businessinsider.com5 Analysts Have This to Say About Synovus FinlDecember 4, 2022 | thestreet.comWhy Synovus Financial (SNV) Stock Is Up TodayNovember 28, 2022 | finance.yahoo.comLoan Growth, Rising Rates Aid Synovus (SNV) Despite High CostsNovember 21, 2022 | nasdaq.comSynovus Financial's Preferred Stock, Series D Yield Pushes Past 6.5%November 18, 2022 | finance.yahoo.comDo Synovus Financial's (NYSE:SNV) Earnings Warrant Your Attention?November 16, 2022 | finance.yahoo.comSynovus Introduces Synovus Accelerate FX, a New Digital Foreign Exchange ExperienceNovember 15, 2022 | finance.yahoo.comSynovus to Present at Goldman Sachs 2022 US Financial Services ConferenceSee More Headlines 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 SNV Company Calendar Last Earnings10/18/2021Ex-Dividend for 1/3 Dividend12/14/2022Dividend Payable1/03/2023Today1/30/2023Next Earnings (Estimated)4/20/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, 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 Founded1888Price Target and Rating Average Stock Price Forecast$47.40 High Stock Price Forecast$55.00 Low Stock Price Forecast$43.00 Forecasted Upside/Downside+16.6%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$4.95 Trailing P/E Ratio8.21 Forward P/E Ratio7.82 P/E Growth2.63Net Income$757.90 million Net Margins30.50% Pretax Margin38.80% Return on Equity18.93% Return on Assets1.30% Debt Debt-to-Equity Ratio1.04 Current Ratio0.92 Quick Ratio0.91 Sales & Book Value Annual Sales$2.49 billion Price / Sales2.38 Cash Flow$6.06 per share Price / Cash Flow6.71 Book Value$27.08 per share Price / Book1.50Miscellaneous Outstanding Shares145,460,000Free Float143,203,000Market Cap$5.91 billion OptionableOptionable Beta1.34 Social Links Key ExecutivesKevin S. BlairChairman, President & Chief Executive OfficerZack BishopExecutive VP-Technology, Operations & SecurityAndrew Jamie GregoryChief Financial Officer & Executive Vice PresidentGloria C. BanksEVP, Chief Ethics & Compliance OfficerRobert W. DerrickChief Credit Officer & Executive Vice PresidentKey CompetitorsPinnacle Financial PartnersNASDAQ:PNFPOld National BancorpNASDAQ:ONBBOK FinancialNASDAQ:BOKFF.N.B.NYSE:FNBUMB FinancialNASDAQ:UMBFView All CompetitorsInsiders & InstitutionsAsio Capital LLCBought 1,220 shares on 1/27/2023Ownership: 0.074%Natixis Advisors L.P.Sold 31,205 shares on 1/27/2023Ownership: 0.056%State of Michigan Retirement SystemBought 400 shares on 1/27/2023Ownership: 0.025%Oregon Public Employees Retirement FundBought 378 shares on 1/26/2023Ownership: 0.029%Inspire Investing LLCBought 793 shares on 1/26/2023Ownership: 0.004%View All Insider TransactionsView All Institutional Transactions SNV Stock - Frequently Asked Questions Should I buy or sell Synovus Financial stock right now? 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Synovus Financial in the last twelve months. There are currently 2 hold ratings and 6 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 2023? 8 equities research analysts have issued 1-year price targets for Synovus Financial's shares. Their SNV share price forecasts range from $43.00 to $55.00. On average, they anticipate the company's share price to reach $47.40 in the next year. This suggests a possible upside of 15.1% 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 2023? Synovus Financial's stock was trading at $37.55 at the beginning of 2023. Since then, SNV stock has increased by 9.7% and is now trading at $41.19. View the best growth stocks for 2023 here. Are investors shorting Synovus Financial? Synovus Financial saw a increase in short interest during the month of December. As of December 15th, there was short interest totaling 3,830,000 shares, an increase of 18.2% from the November 30th total of 3,240,000 shares. Based on an average daily volume of 1,180,000 shares, the days-to-cover ratio is presently 3.2 days. Currently, 2.7% of the company's stock are short sold. View Synovus Financial's Short Interest. When is Synovus Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 20th 2023. View our SNV earnings forecast. How were Synovus Financial's earnings last quarter? Synovus Financial Corp. (NYSE:SNV) issued its earnings results on Monday, October, 18th. The bank reported $1.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.07 by $0.13. The bank had revenue of $499.87 million for the quarter, compared to the consensus estimate of $491.33 million. Synovus Financial had a trailing twelve-month return on equity of 18.93% and a net margin of 30.50%. During the same period in the prior year, the company earned $0.89 EPS. How often does Synovus Financial pay dividends? What is the dividend yield for Synovus Financial? Synovus Financial declared a quarterly dividend on Thursday, December 1st. Shareholders of record on Thursday, December 15th will be paid a dividend of $0.34 per share on Tuesday, January 3rd. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.30%. The ex-dividend date is Wednesday, December 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 3.30%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 27.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SNV will have a dividend payout ratio of 25.28% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SNV. What guidance has Synovus Financial issued on next quarter's earnings? Synovus Financial issued an update on its FY 2023 earnings guidance on Friday, January, 20th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.39 billion-$2.48 billion, compared to the consensus revenue estimate of $2.45 billion. 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 shareholders include Assenagon Asset Management S.A. (0.63%), Ferguson Wellman Capital Management Inc. (0.25%), Scout Investments Inc. (0.14%), Allspring Global Investments Holdings LLC (0.11%), Strs Ohio (0.11%) and Asio Capital LLC (0.07%). Insiders that own company stock include Allan E Kamensky, 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 $41.19. How much money does Synovus Financial make? Synovus Financial (NYSE:SNV) has a market capitalization of $5.99 billion and generates $2.49 billion in revenue each year. The bank earns $757.90 million in net income (profit) each year or $4.95 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 1/30/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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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