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

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

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.

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.

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.

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

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.

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.

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.

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.

Some companies that are related to Synovus Financial include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Signature Bank (SBNY), Commerce Bancshares (CBSH), TCF Financial (TCF) and East West Bancorp (EWBC).

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).

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.

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.

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.

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 $39.44.

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.

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]