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 announced a quarterly dividend on Monday, December 3rd. Investors of record on Thursday, December 20th will be paid 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 2.51%. The ex-dividend date of this dividend is Wednesday, December 19th. View Synovus Financial's Dividend History.

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

Synovus Financial Corp. (NYSE:SNV) issued its quarterly earnings data on Tuesday, January, 15th. The bank reported $0.92 EPS for the quarter, missing the Zacks' 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 net margin of 26.38% and a return on equity of 15.68%. The firm's revenue was up 7.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.70 earnings per share. 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 equities research analysts have issued 1 year price targets for Synovus Financial's shares. Their predictions range from $30.73 to $57.00. On average, they anticipate Synovus Financial's stock price to reach $45.8845 in the next year. This suggests a possible upside of 14.9% 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.

Press coverage about SNV stock has trended neutral on Wednesday, according to InfoTrie Sentiment. 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 public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Synovus Financial earned a coverage optimism score of 0.3 on InfoTrie's scale. They also assigned news articles about the bank a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the next few days.

Synovus Financial saw a decrease in short interest in January. As of January 15th, there was short interest totalling 5,528,166 shares, a decrease 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 short-interest ratio is currently 1.5 days. Currently, 4.8% of the shares of the company are sold short. View Synovus Financial's Current Options Chain.

Some companies that are related to Synovus Financial include 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), Akbank T.A.S. (AKBTY), First Horizon National (FHN), PacWest Bancorp (PACW), Pinnacle Financial Partners (PNFP) and Sterling Bancorp (STL).

Synovus Financial's stock is owned by many different of institutional and retail investors. Top institutional investors 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., APG Asset Management N.V., PNC Financial Services Group Inc., Hancock Whitney Corp and First Trust Advisors LP. 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 $39.92.

Synovus Financial has a market capitalization of $4.65 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]