NYSE:SNV Synovus Financial (SNV) Stock Price, News & Analysis $50.85 +2.48 (+5.13%) (As of 10/17/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Synovus Financial Stock (NYSE:SNV) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Synovus Financial alerts:Sign Up Key Stats Today's Range$49.30▼$51.6950-Day Range$41.28▼$50.8552-Week Range$24.40▼$51.69Volume4.24 million shsAverage Volume1.41 million shsMarket Capitalization$7.32 billionP/E Ratio31.20Dividend Yield2.99%Price Target$47.94Consensus RatingModerate Buy Company OverviewSynovus 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… I've got news for you… (Ad)Today, I’m doing something I thought I’d never do… Especially since I’m not normally a “swing for the fences” type of trader. But I’ve been quietly testing a new type of trade for a while now… And the returns are too good not to share with you. Take a look… I can’t guarantee results or against losses, but if you want to discover how I’ll target the triple return before the end of the weekwatch this FREE briefing with me and expert trader Graham Lindman Synovus Financial Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks94th Percentile Overall ScoreSNV MarketRank™: Synovus Financial scored higher than 94% of companies evaluated by MarketBeat, and ranked 83rd out of 910 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.3 / 5Analyst RatingModerate Buy Consensus RatingSynovus Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.65, and is based on 11 buy ratings, 6 hold ratings, and no sell ratings.Amount of Analyst CoverageSynovus Financial has been the subject of 12 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. Earnings and Valuation2.5 / 5Proj. Earnings Growth14.75% Earnings GrowthEarnings for Synovus Financial are expected to grow by 14.75% in the coming year, from $4.00 to $4.59 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Synovus Financial is 31.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.32.Price to Earnings Ratio vs. SectorThe P/E ratio of Synovus Financial is 31.20, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.92.Price to Earnings Growth RatioSynovus Financial has a PEG Ratio of 2.18. 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 1.61. 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. Short Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted3.09% 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 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Synovus Financial has recently decreased by 18.60%, indicating that investor sentiment is improving significantly. Dividend1.7 / 5Dividend StrengthWeak Dividend YieldSynovus Financial pays a meaningful dividend of 3.27%, 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 93.25%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Synovus Financial will have a dividend payout ratio of 33.12% next year. This indicates that Synovus Financial will be able to sustain or increase its dividend.Read more about Synovus Financial's dividend. Sustainability and ESG2.6 / 5Environmental Score-0.71 Percentage of Shares Shorted3.09% 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 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Synovus Financial has recently decreased by 18.60%, indicating that investor sentiment is improving significantly. News and Social Media2.6 / 5News Sentiment0.69 News SentimentSynovus Financial has a news sentiment score of 0.69. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 19 news articles for Synovus Financial this week, compared to 5 articles on an average week.Search Interest5 people have searched for SNV on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Synovus Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Synovus Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $28,367.00 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. 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 SNV Stock News HeadlinesSynovus Financial Shares Jump On Strong Q3 Earnings: What You Need To KnowOctober 17 at 6:12 PM | msn.comSynovus Q3 earnings advance more than expected as interest income drives upOctober 16 at 7:38 PM | msn.comUnlock 2024's Top Stock! 🌟Ready to discover the standout stock of 2024? We’ve identified a single buy & hold gem that’s poised to redefine your portfolio. Download our exclusive report now and dive into the Insights. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time.October 17, 2024 | Darwin (Ad)Synovus announces earnings for third quarter 2024October 16 at 7:37 PM | businesswire.comSynovus Financial Corp (SNV) Q3 2024 Earnings Report Preview: What to ExpectOctober 16 at 2:36 PM | finance.yahoo.comWhat To Expect From Synovus Financial Corp (SNV) Q3 2024 EarningsOctober 16 at 9:25 AM | finance.yahoo.comSynovus Financial (SNV) to Release Quarterly Earnings on WednesdayOctober 15 at 1:31 AM | americanbankingnews.comCitigroup Initiates Coverage of Synovus Financial (SNV) with Buy RecommendationOctober 12, 2024 | msn.comSee More Headlines SNV Stock Analysis - Frequently Asked Questions How have SNV shares performed this year? Synovus Financial's stock was trading at $37.65 at the start of the year. Since then, SNV shares have increased by 35.1% and is now trading at $50.85. View the best growth stocks for 2024 here. How were Synovus Financial's earnings last quarter? Synovus Financial Corp. (NYSE:SNV) issued its quarterly earnings data on Wednesday, October, 16th. The bank reported $1.23 EPS for the quarter, beating analysts' consensus estimates of $1.09 by $0.14. The business's quarterly revenue was up 2.6% on a year-over-year basis. Does Synovus Financial have any subsidiaries? Synovus Financial subsidiaries include these companies: Florida Community Bank. Who are Synovus Financial's major shareholders? Synovus Financial's top institutional investors include Wedge Capital Management L L P NC (0.59%), Asio Capital LLC (0.09%), Creative Planning (0.03%) and Handelsbanken Fonder AB (0.03%). 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 Bristol-Myers Squibb (BMY), Chevron (CVX), McKesson (MCK), Comcast (CMCSA), Charles Schwab (SCHW), Edwards Lifesciences (EW) and Toronto-Dominion Bank (TD). Company Calendar Ex-Dividend for 10/1 Dividend9/19/2024Dividend Payable10/01/2024Last Earnings10/16/2024Today10/17/2024Fiscal Year End12/31/2024Next Earnings (Estimated)1/15/2025Get 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$47.94 High Stock Price Target$55.00 Low Stock Price Target$40.00 Potential Upside/Downside-5.7%Consensus RatingModerate Buy Rating Score (0-4)2.65 Research Coverage17 Analysts Profitability EPS (Most Recent Fiscal Year)$1.63 Trailing P/E Ratio31.20 Forward P/E Ratio12.71 P/E Growth2.18Net 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 / Sales2.12 Cash Flow$5.49 per share Price / Cash Flow9.27 Book Value$31.50 per share Price / Book1.61Miscellaneous Outstanding Shares143,970,000Free Float142,806,000Market Cap$7.32 billion OptionableOptionable Beta1.38 Social Links 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.Get This Free Report This page (NYSE:SNV) was last updated on 10/17/2024 by MarketBeat.com Staff From Our PartnersTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredRetire off just one stock ticker?ONE AI Stock is All You Need... There are over 6,000 stocks listed in the market right now. They will NOT m...Behind the Markets | SponsoredNvidia is Pivoting to Solve Big Tech’s $1 Trillion ProblemTaiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as ...Weiss Ratings | Sponsored Is Starlink Set For The Largest IPO In History?He turned PayPal from a tiny, off-the-radar startup… to a massive $64 billion giant. 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