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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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NYSE:SNV

Synovus Financial Stock Forecast, Price & News

$38.11
-0.66 (-1.70 %)
(As of 01/15/2021 12:00 AM ET)
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Today's Range
$37.57
Now: $38.11
$38.58
50-Day Range
$31.57
MA: $33.32
$38.77
52-Week Range
$10.91
Now: $38.11
$40.12
Volume1.24 million shs
Average Volume1.02 million shs
Market Capitalization$5.63 billion
P/E Ratio16.57
Dividend Yield3.40%
Beta1.67
Synovus Financial Corp. is a bank holding company, which engages in the provision of financial services. It offers private banking, treasury management, wealth management, premium finance and international banking, commercial and retail banking, financial management, insurance, and mortgage services to its customers. The company was founded in 1972 and is headquartered in Columbus, GA.
Synovus Financial logo

MarketRank

Overall MarketRank

2.37 out of 5 stars

Finance Sector

59th out of 1,705 stocks

National Commercial Banks Industry

13th out of 144 stocks

Analyst Opinion: 2.5Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
CUSIP87161C10
Phone(706) 649-2311
Employees5,389

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.41 billion
Cash Flow$6.98 per share
Book Value$30.06 per share

Profitability

Net Income$563.78 million

Miscellaneous

Market Cap$5.63 billion
Next Earnings Date1/26/2021 (Confirmed)
OptionableOptionable
$38.11
-0.66 (-1.70 %)
(As of 01/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Synovus Financial (NYSE:SNV) Frequently Asked Questions

How has Synovus Financial's stock been impacted by Coronavirus (COVID-19)?

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 (WHO). Since then, SNV shares have increased by 68.6% and is now trading at $38.11.
View which stocks have been most impacted by COVID-19
.

Is Synovus Financial a buy right now?

11 Wall Street research 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. The consensus among Wall Street research analysts is that investors should "buy" Synovus Financial stock.
View analyst ratings for Synovus Financial
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Synovus Financial?

Wall Street analysts have given Synovus Financial a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Synovus Financial wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Synovus Financial's next earnings date?

Synovus Financial is scheduled to release its next quarterly earnings announcement on Tuesday, January 26th 2021.
View our earnings forecast for Synovus Financial
.

How can I listen to Synovus Financial's earnings call?

Synovus Financial will be holding an earnings conference call on Tuesday, January 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Synovus Financial's earnings last quarter?

Synovus Financial Corp. (NYSE:SNV) posted its quarterly earnings results on Tuesday, October, 20th. The bank reported $0.89 EPS for the quarter, topping the consensus estimate of $0.52 by $0.37. The bank earned $491.40 million during the quarter, compared to analyst estimates of $472.62 million. Synovus Financial had a return on equity of 8.51% and a net margin of 17.25%. During the same quarter in the previous year, the company posted $0.97 EPS.
View Synovus Financial's earnings history
.

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

Synovus Financial declared a quarterly dividend on Wednesday, December 2nd. Stockholders of record on Thursday, December 17th will be given a dividend of $0.33 per share on Monday, January 4th. This represents a $1.32 dividend on an annualized basis and a yield of 3.46%. The ex-dividend date is Wednesday, December 16th.
View Synovus Financial's dividend history
.

Is Synovus Financial a good dividend stock?

Synovus Financial pays an annual dividend of $1.32 per share and currently has a dividend yield of 3.40%. Synovus Financial has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strock track record of dividend growth. The dividend payout ratio of Synovus Financial is 33.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Synovus Financial will have a dividend payout ratio of 56.90% next year. This indicates that Synovus Financial will be able to sustain or increase its dividend.
View Synovus Financial's dividend history.

What price target have analysts set for SNV?

11 brokers have issued 12-month target prices for Synovus Financial's shares. Their forecasts range from $13.50 to $42.00. On average, they expect Synovus Financial's share price to reach $34.38 in the next year. This suggests that the stock has a possible downside of 9.8%.
View analysts' price targets for Synovus Financial
or view Wall Street analyst' top-rated stocks.

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 (ET), AT&T (T), Citigroup (C), Bank of America (BAC), Huntington Bancshares (HBAN), Pfizer (PFE), Ford Motor (F), JPMorgan Chase & Co. (JPM), Wells Fargo & Company (WFC) and AbbVie (ABBV).

Who are Synovus Financial's key executives?

Synovus Financial's management team includes the following people:
  • Kessel D. Stelling, Chairman & Chief Executive Officer
  • Kevin S. Blair, President & Chief Operating Officer
  • Jamie Gregory, Chief Financial Officer & Executive Vice President
  • Renee S. Roth, Chief Information Officer
  • Zack Bishop, Executive Vice President-Technology & Operations

What is Synovus Financial's stock symbol?

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

Who are Synovus Financial's major shareholders?

Synovus Financial's stock is owned by a variety of retail and institutional investors. Top institutional investors include Scout Investments Inc. (0.52%), M&R Capital Management Inc. (0.03%), First Citizens Bank & Trust Co. (0.02%), State of Alaska Department of Revenue (0.02%), Thomasville National Bank (0.01%) and Sowell Financial Services LLC (0.01%). Company insiders that own Synovus Financial stock include Andrew J Jr Gregory, Barry L Storey, Mark G Holladay and Stephen T Butler.
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., M&R Capital Management Inc., Sowell Financial Services LLC, and State of Alaska Department of Revenue.
View insider buying and selling activity for Synovus Financial
or view top insider-selling stocks.

Which institutional investors are buying Synovus Financial stock?

SNV stock was bought by a variety of institutional investors in the last quarter, including First Citizens Bank & Trust Co., and Thomasville National Bank. Company insiders that have bought Synovus Financial stock in the last two years include Andrew J Jr Gregory, Barry L Storey, and Stephen T Butler.
View insider buying and selling activity for Synovus Financial
or or view top insider-buying stocks.

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 WeBull, 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 $38.11.

How big of a company is Synovus Financial?

Synovus Financial has a market capitalization of $5.63 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.

What is Synovus Financial's official website?

The official website for Synovus Financial is 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]

This page was last updated on 1/16/2021 by MarketBeat.com Staff

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