NYSE:SNV - Synovus Financial Stock Price, Price Target & More

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

Synovus Financial declared a quarterly dividend on Friday, June 8th. Stockholders of record on Thursday, June 21st will be paid a dividend of $0.25 per share on Monday, July 2nd. This represents a $1.00 annualized dividend and a dividend yield of 1.83%. The ex-dividend date is Wednesday, June 20th. View Synovus Financial's Dividend History.

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

Synovus Financial Corp. (NYSE:SNV) posted its earnings results on Tuesday, April, 24th. The bank reported $0.86 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.78 by $0.08. The bank had revenue of $341.30 million for the quarter, compared to analysts' expectations of $343.04 million. Synovus Financial had a return on equity of 12.29% and a net margin of 19.87%. Synovus Financial's revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.57 earnings per share. View Synovus Financial's Earnings History.

Synovus Financial is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for Synovus Financial.

13 analysts have issued twelve-month price targets for Synovus Financial's stock. Their forecasts range from $42.00 to $57.00. On average, they expect Synovus Financial's share price to reach $53.0769 in the next twelve months. This suggests that the stock has a possible downside of 2.8%. View Analyst Ratings for Synovus Financial.

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

Some companies that are related to Synovus Financial include BANCO DO BRASIL/S (BDORY), KeyCorp (KEY), Regions Financial (RF), Shinhan Financial Group (SHG), Huntington Bancshares (HBAN), Comerica (CMA), Zions Bancorp (ZION), Cullen/Frost Bankers (CFR), CIT Group (CIT), BOK Financial (BOKF), PacWest Bancorp (PACW), Webster Financial (WBS), First Horizon National (FHN), Akbank T.A.S. (AKBTY) and Sterling Bancorp (STL).

Media stories about SNV stock have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Synovus Financial earned a media sentiment score of 0.04 on Accern's scale. They also gave media stories about the bank an impact score of 47.00 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Synovus Financial's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Sippican Capital Advisors (0.04%), Bank of Montreal Can (0.04%), James Investment Research Inc. (0.03%), Assenagon Asset Management S.A. (0.03%), Municipal Employees Retirement System of Michigan (0.02%) and Cornerstone Wealth Management LLC (0.02%). Company insiders that own Synovus Financial stock include Allan E Kamensky, Allen J Gula, Curtis J Perry, D Wayne Akins Jr, Jeffrey Barton Singleton, Kevin Joseph Howard, Liliana C Mcdaniel, 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 Bank of Montreal Can, Clinton Group Inc., Municipal Employees Retirement System of Michigan and Sippican Capital Advisors. Company insiders that have sold Synovus Financial company stock in the last year include Allen J Gula, Curtis J Perry, Kevin Joseph Howard, Mark G Holladay, Philip W Tomlinson and R Dallis Copeland Jr. View Insider Buying and Selling for Synovus Financial.

SNV stock was purchased by a variety of institutional investors in the last quarter, including James Investment Research Inc., Assenagon Asset Management S.A., Cornerstone Wealth Management LLC, First Citizens Bank & Trust Co., Xact Kapitalforvaltning AB and State of Alaska Department of Revenue. Company insiders that have bought Synovus Financial stock in the last two years include Allan E Kamensky, Allen J Gula, 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 $54.61.

Synovus Financial has a market capitalization of $6.44 billion and generates $1.51 billion in revenue each year. The bank earns $275.47 million in net income (profit) each year or $2.53 on an earnings per share basis. Synovus Financial employs 4,541 workers across the globe.

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]