NYSE:SNVSynovus Financial Stock Price, Forecast & News

Synovus Financial's stock was trading at $22.61 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SNV shares have decreased by 14.6% and is now trading at $19.31. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synovus Financial in the last year. There are currently 1 hold rating and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Synovus Financial.

Synovus Financial is scheduled to release its next quarterly earnings announcement on Tuesday, July 21st 2020. View our earnings forecast for Synovus Financial.

Synovus Financial will be holding an earnings conference call on Tuesday, July 21st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Synovus Financial Corp. (NYSE:SNV) issued its quarterly earnings data on Friday, April, 24th. The bank reported $0.21 EPS for the quarter, missing the Zacks' consensus estimate of $0.31 by $0.10. The bank earned $477.90 million during the quarter, compared to analyst estimates of $456.99 million. Synovus Financial had a return on equity of 11.20% and a net margin of 20.00%. The firm's revenue for the quarter was up .3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.98 EPS. View Synovus Financial's earnings history.

Synovus Financial announced a quarterly dividend on Monday, June 8th. Shareholders of record on Thursday, June 18th will be given a dividend of $0.33 per share on Wednesday, July 1st. This represents a $1.32 annualized dividend and a yield of 6.84%. The ex-dividend date is Wednesday, June 17th. View Synovus Financial's dividend history.

11 equities research analysts have issued 1-year target prices for Synovus Financial's stock. Their forecasts range from $24.00 to $42.00. On average, they anticipate Synovus Financial's stock price to reach $34.40 in the next twelve months. This suggests a possible upside of 78.1% from the stock's current price. View analysts' price targets for Synovus Financial.

News headlines about SNV stock have been trending very negative on Thursday, InfoTrie reports. The research firm ranks the sentiment of press 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 negative five to five, with scores closest to five being the most favorable. Synovus Financial earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave media coverage about the bank a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about Synovus Financial.

Synovus Financial saw a decline in short interest during the month of June. As of June 15th, there was short interest totaling 3,510,000 shares, a decline of 35.8% from the May 31st total of 5,470,000 shares. Based on an average trading volume of 2,540,000 shares, the short-interest ratio is currently 1.4 days. Currently, 2.4% 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 Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), Regions Financial (RF), SVB Financial Group (SIVB), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Synovus Financial investors own include Energy Transfer LP Unit (ET), AT&T (T), Bank of America (BAC), Citigroup (C), Huntington Bancshares (HBAN), Pfizer (PFE), Wells Fargo & Co (WFC), Ford Motor (F), AbbVie (ABBV) and Gilead Sciences (GILD).

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

Synovus Financial's stock is owned by many different retail and institutional investors. Top institutional investors include M&R Capital Management Inc. (0.04%) and Thomasville National Bank (0.01%). Company insiders that own Synovus Financial stock include Allan E Kamensky, Allen J Gula, Andrew J Jr Gregory, Barry L Storey, Diana M Murphy, Elizabeth W Camp, Kessel D Stelling, Kevin S Blair, Mark G Holladay and Stephen T Butler. View institutional ownership trends for Synovus Financial.

SNV stock was sold by a variety of institutional investors in the last quarter, including M&R Capital Management Inc.. View insider buying and selling activity for Synovus Financial.

SNV stock was bought by a variety of institutional investors in the last quarter, including Thomasville National Bank. Company insiders that have bought Synovus Financial stock in the last two years include Allan E Kamensky, Andrew J Jr Gregory, Barry L Storey, Diana M Murphy, Elizabeth W Camp, Kessel D Stelling, Kevin S Blair, and Stephen T Butler. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of SNV stock can currently be purchased for approximately $19.31.

Synovus Financial has a market capitalization of $2.84 billion and generates $2.41 billion in revenue each year. The bank earns $563.78 million in net income (profit) each year or $3.90 on an earnings per share basis. Synovus Financial employs 5,389 workers across the globe.

The official website for Synovus Financial is 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]