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NYSE:SNV - Synovus Financial Stock Price, Forecast & News

$39.44
+0.23 (+0.59 %)
(As of 01/24/2020 06:00 AM ET)
Today's Range
$38.52
Now: $39.44
$39.49
50-Day Range
$38.13
MA: $38.98
$40.26
52-Week Range
$31.80
Now: $39.44
$40.41
Volume3.01 million shs
Average Volume1.35 million shs
Market Capitalization$5.78 billion
P/E Ratio11.67
Dividend Yield3.06%
Beta1.36
Synovus Financial Corp. operates as the bank holding company for Synovus Bank that provides various financial products and services. It offers integrated financial services, including commercial and retail banking, financial management, insurance, and mortgage services. The company's commercial banking services comprise treasury management, asset management, capital market, and institutional trust services, as well as commercial, financial, and real estate loans. Read More…

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
CUSIP87161C10
Phone706-649-2311

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.62 billion
Cash Flow$4.35 per share
Book Value$25.36 per share

Profitability

Net Income$428.48 million

Miscellaneous

Employees4,651
Market Cap$5.78 billion
Next Earnings Date1/24/2020 (Confirmed)
OptionableOptionable

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Synovus Financial (NYSE:SNV) Frequently Asked Questions

What is Synovus Financial's stock symbol?

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

How often does Synovus Financial pay dividends? What is the dividend yield for Synovus Financial?

Synovus Financial declared a quarterly dividend on Thursday, December 5th. Shareholders of record on Thursday, December 19th will be paid a dividend of $0.30 per share on Thursday, January 2nd. This represents a $1.20 annualized dividend and a yield of 3.04%. The ex-dividend date is Wednesday, December 18th. View Synovus Financial's Dividend History.

How will Synovus Financial's stock buyback program work?

Synovus Financial declared that its board has initiated a share buyback plan on Wednesday, January 24th 2018, which authorizes the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its stock is undervalued.

How were Synovus Financial's earnings last quarter?

Synovus Financial Corp. (NYSE:SNV) posted its earnings results on Tuesday, October, 22nd. The bank reported $0.97 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.00 by $0.03. The bank earned $490.86 million during the quarter, compared to analyst estimates of $486.74 million. Synovus Financial had a return on equity of 14.43% and a net margin of 23.22%. Synovus Financial's quarterly revenue was up 35.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.94 EPS. View Synovus Financial's Earnings History.

When is Synovus Financial's next earnings date?

Synovus Financial is scheduled to release their next quarterly earnings announcement on Friday, January 24th 2020. View Earnings Estimates for Synovus Financial.

What price target have analysts set for SNV?

11 equities research analysts have issued 12 month price objectives for Synovus Financial's shares. Their forecasts range from $39.00 to $49.00. On average, they anticipate Synovus Financial's share price to reach $43.60 in the next year. This suggests a possible upside of 10.5% from the stock's current price. View Analyst Price Targets for Synovus Financial.

What is the consensus analysts' recommendation for Synovus Financial?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synovus Financial in the last year. There are currently 1 hold rating, 9 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Synovus Financial.

Has Synovus Financial been receiving favorable news coverage?

Media stories about SNV stock have been trending very positive on Friday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Synovus Financial earned a media sentiment score of 3.9 on InfoTrie's scale. They also gave press coverage about the bank a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Synovus Financial.

Are investors shorting Synovus Financial?

Synovus Financial saw a decrease in short interest in the month of December. As of December 31st, there was short interest totalling 2,900,000 shares, a decrease of 9.9% from the December 15th total of 3,220,000 shares. Based on an average trading volume of 1,250,000 shares, the short-interest ratio is presently 2.3 days. Currently, 2.0% of the company's stock are sold short. View Synovus Financial's Current Options Chain.

Who are some of Synovus Financial's key competitors?

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 LP Unit (ET), Huntington Bancshares (HBAN), Bank of America (BAC), Citigroup (C), Pfizer (PFE), AT&T (T), Wells Fargo & Co (WFC), Ford Motor (F), Total System Services (TSS) and CBL & Associates Properties (CBL).

Who are Synovus Financial's key executives?

Synovus Financial's management team includes the folowing people:
  • Mr. Kessel D. Stelling Jr., Chairman, Pres & CEO (Age 63)
  • Mr. Kevin S. Blair, Sr. EVP, COO & Interim CFO (Age 48)
  • Mr. Mark G. Holladay, Exec. VP & Chief Risk Officer (Age 64)
  • Mr. Jeffrey Barton Singleton, Exec. VP & Pres of Financial Management Services (Age 55)
  • Ms. Jill K. Hurley, Chief Accounting Officer (Age 39)

Who are Synovus Financial's major shareholders?

Synovus Financial's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Scout Investments Inc. (0.72%), Steward Partners Investment Advisory LLC (0.05%), M&R Capital Management Inc. (0.04%), Louisiana State Employees Retirement System (0.02%), Janney Montgomery Scott LLC (0.02%) and State of Alaska Department of Revenue (0.02%). Company insiders that own Synovus Financial stock include Allan E Kamensky, Allen J Gula, Barry L Storey, Curtis J Perry, Diana M Murphy, Elizabeth W Camp, Kessel D Stelling, Kevin S Blair, Mark G Holladay and Philip W Tomlinson. View Institutional Ownership Trends for Synovus Financial.

Which institutional investors are selling Synovus Financial stock?

SNV stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., SeaCrest Wealth Management LLC, FinTrust Capital Advisors LLC, State of Alaska Department of Revenue, M&R Capital Management Inc., IFP Advisors Inc, Louisiana State Employees Retirement System and Janney Capital Management LLC. View Insider Buying and Selling for Synovus Financial.

Which institutional investors are buying Synovus Financial stock?

SNV stock was acquired by a variety of institutional investors in the last quarter, including Cerebellum GP LLC, AE Wealth Management LLC, Murphy Middleton Hinkle & Parker Inc., Nachman Norwood & Parrott Inc, Janney Montgomery Scott LLC, Steward Partners Investment Advisory LLC, Huntington National Bank and Barnett & Company Inc.. Company insiders that have bought Synovus Financial stock in the last two years include Allan E Kamensky, Allen J Gula, Barry L Storey, 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.

How do I buy shares of 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.

What is Synovus Financial's stock price today?

One share of SNV stock can currently be purchased for approximately $39.44.

How big of a company is Synovus Financial?

Synovus Financial has a market capitalization of $5.78 billion and generates $1.62 billion in revenue each year. The bank earns $428.48 million in net income (profit) each year or $3.64 on an earnings per share basis. Synovus Financial employs 4,651 workers across the globe.View Additional Information About Synovus Financial.

What is Synovus Financial's official website?

The official website for Synovus Financial is http://www.synovus.com/.

How can I contact Synovus Financial?

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]


MarketBeat Community Rating for Synovus Financial (NYSE SNV)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  333 (Vote Outperform)
Underperform Votes:  491 (Vote Underperform)
Total Votes:  824
MarketBeat's community ratings are surveys of what our community members think about Synovus Financial and other stocks. Vote "Outperform" if you believe SNV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SNV will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/24/2020 by MarketBeat.com Staff

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