NYSE:SNV Synovus Financial (SNV) Stock Price, News & Analysis $42.68 -1.21 (-2.76%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$42.62▼$44.5450-Day Range$39.32▼$47.6352-Week Range$24.40▼$47.83Volume1.01 million shsAverage Volume1.39 million shsMarket Capitalization$6.14 billionP/E Ratio14.62Dividend Yield3.56%Price Target$46.44 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Synovus Financial alerts: Email Address Synovus Financial MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.63 Rating ScoreUpside/Downside8.8% Upside$46.44 Price TargetShort InterestHealthy3.76% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.71Upright™ Environmental ScoreNews Sentiment0.50Based on 10 Articles This WeekInsider TradingSelling Shares$4.39 M Sold Last QuarterProj. Earnings Growth15.52%From $4.06 to $4.69 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.60 out of 5 starsFinance Sector85th out of 871 stocksNational Commercial Banks Industry12th out of 86 stocks 2.3 Analyst's Opinion Consensus RatingSynovus Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 10 buy ratings, 6 hold ratings, and no sell ratings.Amount of Analyst CoverageSynovus Financial has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Synovus Financial's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.76% of the float of Synovus Financial has been sold short.Short Interest Ratio / Days to CoverSynovus Financial has a short interest ratio ("days to cover") of 4.Change versus previous monthShort interest in Synovus Financial has recently decreased by 0.37%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldSynovus Financial pays a meaningful dividend of 3.45%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSynovus Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Synovus Financial is 52.05%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Synovus Financial will have a dividend payout ratio of 32.41% next year. This indicates that Synovus Financial will be able to sustain or increase its dividend.Read more about Synovus Financial's dividend. Previous Next 2.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSynovus Financial has received a 16.08% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Wholesale banking", "Mortgages provided by brick and mortar banks", and "Home equity loans" products. See details.Environmental SustainabilityThe Environmental Impact score for Synovus Financial is -0.71. Previous Next 1.9 News and Social Media Coverage News SentimentSynovus Financial has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Synovus Financial this week, compared to 5 articles on an average week.Search InterestOnly 1 people have searched for SNV on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Synovus Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Synovus Financial insiders have sold 378.63% more of their company's stock than they have bought. Specifically, they have bought $916,300.00 in company stock and sold $4,385,674.00 in company stock.Percentage Held by InsidersOnly 0.81% of the stock of Synovus Financial is held by insiders.Percentage Held by Institutions83.85% of the stock of Synovus Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Synovus Financial's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Synovus Financial are expected to grow by 15.52% in the coming year, from $4.06 to $4.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Synovus Financial is 14.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Synovus Financial is 14.62, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 32.64.Price to Earnings Growth RatioSynovus Financial has a PEG Ratio of 3.43. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSynovus Financial has a P/B Ratio of 1.35. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Synovus Financial's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyWar on Elon Escalates… A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.One company holds a near-total monopoly on it. About Synovus Financial Stock (NYSE:SNV)Synovus Financial Corp. operates as the bank holding company for Synovus Bank that provides commercial and consumer banking products and services. It operates through four segments: Community Banking, Wholesale Banking, Consumer Banking, and Financial Management Services. The company's commercial banking services include treasury and asset management, capital market, and institutional trust services, as well as commercial, financial, and real estate lending services. Its consumer banking services comprise accepting customary types of demand and savings deposits accounts; mortgage, installment, and other consumer loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfers; internet-based banking services; and bank credit and debit card services, including Visa and MasterCard services. The company also offers various other financial services, including portfolio management for fixed-income securities, investment banking, execution of securities transactions as a broker/dealer, trust management, and financial planning services, as well as provides individual investment advice on equity and other securities. The company was founded in 1888 and is headquartered in Columbus, Georgia.Read More SNV Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SNV Stock News HeadlinesSeptember 5 at 9:45 AM | markets.businessinsider.comBarclays Reaffirms Their Buy Rating on Synovus (SNV)September 5 at 9:45 AM | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Financial Stocks: American International Group (AIG) and Synovus (SNV)September 7, 2024 | Porter & Company (Ad)Why billionaires are wiring money to abandoned towns A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution. September 5 at 3:56 AM | seekingalpha.comSynovus Financial Preferred Attractive After Rate ResetSeptember 5 at 1:35 AM | americanbankingnews.comCritical Survey: The PNC Financial Services Group (NYSE:PNC) vs. Synovus Financial (NYSE:SNV)September 4 at 2:23 AM | americanbankingnews.comSynovus Financial Corp. (NYSE:SNV) Given Average Recommendation of "Moderate Buy" by BrokeragesSeptember 1, 2024 | americanbankingnews.comSynovus Financial (NYSE:SNV) Cut to Sell at StockNews.comAugust 20, 2024 | markets.businessinsider.comBarclays Sticks to Its Buy Rating for Synovus (SNV)September 7, 2024 | Porter & Company (Ad)Why billionaires are wiring money to abandoned towns A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution. August 15, 2024 | finance.yahoo.comWith 86% institutional ownership, Synovus Financial Corp. (NYSE:SNV) is a favorite amongst the big gunsAugust 7, 2024 | nasdaq.comValidea Detailed Fundamental Analysis - SNVAugust 5, 2024 | barrons.comSynovus Financial Corp.August 4, 2024 | ca.finance.yahoo.comSNV Aug 2024 48.000 putAugust 2, 2024 | stockhouse.comSynovus names Darron Burnette as president of mortgageJuly 31, 2024 | bizjournals.comSouthern U.S. banks seek $78 million in alleged damages from BDO USAJuly 31, 2024 | stockhouse.comSynovus promotes Blake Thrasher to Tuscaloosa market executiveJuly 26, 2024 | nz.finance.yahoo.comSynovus Financial Corp. (SYU1.F)July 23, 2024 | markets.businessinsider.comTruist Financial Reaffirms Their Buy Rating on Synovus (SNV)See More Headlines Receive SNV Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Synovus Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 7/1 Dividend6/20/2024Dividend Payable7/01/2024Last Earnings7/17/2024Today9/07/2024Ex-Dividend for 10/1 Dividend9/19/2024Dividend Payable10/01/2024Next Earnings (Estimated)10/16/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry National commercial banks Sub-IndustryRegional Banks Current SymbolNYSE:SNV CUSIP87161C10 CIK18349 Webwww.synovus.com Phone(706) 641-6500Fax706-641-6555Employees4,879Year Founded1888Price Target and Rating Average Stock Price Target$46.44 High Stock Price Target$55.00 Low Stock Price Target$40.00 Potential Upside/Downside+8.8%Consensus RatingModerate Buy Rating Score (0-4)2.63 Research Coverage16 Analysts Profitability EPS (Most Recent Fiscal Year)$2.92 Trailing P/E Ratio14.62 Forward P/E Ratio10.51 P/E Growth3.43Net Income$543.71 million Net Margins8.40% Pretax Margin10.69% Return on Equity12.76% Return on Assets0.95% Debt Debt-to-Equity Ratio0.50 Current Ratio0.90 Quick Ratio0.89 Sales & Book Value Annual Sales$3.45 billion Price / Sales1.78 Cash Flow$4.87 per share Price / Cash Flow8.77 Book Value$31.53 per share Price / Book1.35Miscellaneous Outstanding Shares143,970,000Free Float145,254,000Market Cap$6.14 billion OptionableOptionable Beta1.39 Social Links The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Kevin S. Blair (Age 53)CEO, President & Chairman Comp: $2.19MMr. Andrew Jamie Gregory Jr. (Age 48)Executive VP & CFO Comp: $1.18MMr. Daniel Zachary Bishop (Age 48)Executive VP and Head of Technology, Operations & Security Comp: $963.3kMr. D. Wayne Akins Jr. (Age 60)Chief Community Banking & Wealth Services Officer and Executive VP Comp: $889.76kMr. Kevin J. Howard (Age 59)Executive VP & Chief Wholesale Banking Officer Comp: $922.42kMs. Jill K. Hurley (Age 44)Chief Accounting Officer & Controller Mr. Thomas T. Dierdorff (Age 56)Executive VP and Head of Corporate & Investment Banking Ms. Jennifer Haskew Demba C.F.A.Director of Investor RelationsMr. Allan E. Kamensky Esq. (Age 62)Executive VP & General Counsel Comp: $847.57kMs. Gloria C. BanksExecutive VP & Chief Compliance and Ethics OfficerMore ExecutivesKey CompetitorsHuntington BancsharesNASDAQ:HBANRegions FinancialNYSE:RFKeyCorpNYSE:KEYEast West BancorpNASDAQ:EWBCWestern Alliance BancorporationNYSE:WALView All CompetitorsInsiders & InstitutionsDana Investment Advisors Inc.Bought 254 shares on 8/27/2024Ownership: 0.024%Teachers Retirement System of The State of KentuckyBought 6,349 shares on 8/26/2024Ownership: 0.078%Algert Global LLCBought 8,436 shares on 8/16/2024Ownership: 0.120%Creative PlanningBought 6,710 shares on 8/16/2024Ownership: 0.030%Susquehanna International Group LLPSold 40,100 shares on 8/16/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions SNV Stock Analysis - Frequently Asked Questions How have SNV shares performed this year? Synovus Financial's stock was trading at $37.65 at the beginning of 2024. Since then, SNV shares have increased by 13.4% and is now trading at $42.68. View the best growth stocks for 2024 here. How were Synovus Financial's earnings last quarter? Synovus Financial Corp. (NYSE:SNV) announced its earnings results on Wednesday, July, 17th. The bank reported $1.16 EPS for the quarter, beating analysts' consensus estimates of $0.96 by $0.20. Synovus Financial's revenue for the quarter was down .7% on a year-over-year basis. What is Kessel D. Stelling Jr.'s approval rating as Synovus Financial's CEO? 133 employees have rated Synovus Financial Chief Executive Officer Kessel D. Stelling Jr. on Glassdoor.com. Kessel D. Stelling Jr. has an approval rating of 93% among the company's employees. This puts Kessel D. Stelling Jr. in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. Does Synovus Financial have any subsidiaries? Synovus Financial subsidiaries include these companies: Florida Community Bank. Who are Synovus Financial's major shareholders? Top institutional shareholders of Synovus Financial include Dimensional Fund Advisors LP (3.94%), Bank of New York Mellon Corp (1.39%), American Century Companies Inc. (0.92%) and Millennium Management LLC (0.89%). Insiders that own company stock include Kevin S Blair, Allan E Kamensky, D Wayne Akins Jr, Tim E Bentsen, Daniel Zachary Bishop, Joseph J Prochaska Jr, Andrew J Jr Gregory, Thomas T Dierdorff, Kessel D Stelling and Mark G Holladay. View institutional ownership trends. How do I buy shares of Synovus Financial? Shares of SNV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Synovus Financial own? Based on aggregate information from My MarketBeat watchlists, some other companies that Synovus Financial investors own include Energy Transfer (ET), AT&T (T), Citigroup (C), Bank of America (BAC), Huntington Bancshares (HBAN), Pfizer (PFE) and Ford Motor (F). This page (NYSE:SNV) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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