Top-Rated Dividend StocksTop-Rated DividendNYSE:SNV Synovus Financial (SNV) Stock Price, News & Analysis → Top Project Outperforms BTC in 2023… (From Crypto 101 Media) (Ad) Free SNV Stock Alerts $39.82 +1.32 (+3.43%) (As of 03/27/2024 ET) Add Compare Share Share Today's Range$38.69▼$39.8350-Day Range$35.23▼$39.9752-Week Range$24.40▼$40.92Volume986,500 shsAverage Volume1.47 million shsMarket Capitalization$5.83 billionP/E Ratio11.51Dividend Yield3.82%Price Target$39.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Synovus Financial alerts: Email Address Synovus Financial MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.77 Rating ScoreUpside/Downside2.1% Downside$39.00 Price TargetShort InterestHealthy3.98% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.82Upright™ Environmental ScoreNews Sentiment0.19Based on 2 Articles This WeekInsider TradingSelling Shares$258,574 Sold Last QuarterProj. Earnings Growth9.43%From $4.03 to $4.41 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.4.64 out of 5 starsFinance Sector47th out of 844 stocksNational Commercial Banks Industry7th out of 82 stocks 2.4 Analyst's Opinion Consensus RatingSynovus Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.77, and is based on 8 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $39.00, Synovus Financial has a forecasted downside of 2.1% from its current price of $39.82.Amount of Analyst CoverageSynovus Financial has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.98% 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 24.84%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipSynovus Financial is a leading dividend payer. It pays a dividend yield of 3.94%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSynovus Financial has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Synovus Financial is 43.93%. 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 34.47% next year. This indicates that Synovus Financial will be able to sustain or increase its dividend. Previous Next 2.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSynovus Financial has received a 16.55% 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 "Development loans for corporations" products. See details.Environmental SustainabilityThe Environmental Impact score for Synovus Financial is -0.82. Previous Next 1.2 News and Social Media Coverage News SentimentSynovus Financial has a news sentiment score of 0.19. 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 0.63 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Synovus Financial this week, compared to 5 articles on an average week.Search InterestOnly 4 people have searched for SNV on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added Synovus Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -22% compared to the previous 30 days. Previous Next 2.5 Company Ownership 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 $258,574.00 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Synovus Financial are expected to grow by 9.43% in the coming year, from $4.03 to $4.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Synovus Financial is 11.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.14.Price to Earnings Ratio vs. SectorThe P/E ratio of Synovus Financial is 11.51, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 62.81.Price to Book Value per Share RatioSynovus Financial has a P/B Ratio of 1.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeTrump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.Protect your retirement savings from the inevitable devaluation of the dollar… 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 HeadlinesMarch 27, 2024 | investopedia.comWhy S&P Cut Outlook for Five US Regional Banks With Heavy Commercial Real Estate ExposureMarch 18, 2024 | businesswire.comSynovus to announce first quarter 2024 earnings resultsMarch 28, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.March 18, 2024 | americanbankingnews.comSynovus Financial Corp. (NYSE:SNV) Declares $0.38 Quarterly DividendMarch 16, 2024 | finance.yahoo.comShould Income Investors Look At Synovus Financial Corp. (NYSE:SNV) Before Its Ex-Dividend?March 9, 2024 | nasdaq.comSNV April 26th Options Begin TradingMarch 8, 2024 | markets.businessinsider.comExpert Outlook: Synovus Finl Through The Eyes Of 10 AnalystsMarch 6, 2024 | benzinga.comHow Is The Market Feeling About Synovus Finl?March 28, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.March 6, 2024 | ca.finance.yahoo.comSNV Aug 2024 30.000 putMarch 6, 2024 | finance.yahoo.comSynovus Names Chief Third-Party Payments Officer, Maast CEOMarch 5, 2024 | ca.finance.yahoo.comSNV May 2024 41.000 callMarch 4, 2024 | finance.yahoo.comSynovus Announces Quarterly DividendsMarch 1, 2024 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Synovus (SNV) and NY Community (NYCB)March 1, 2024 | finance.yahoo.comInsider Sell: Chief Accounting Officer Jill Hurley Sells Shares of Synovus Financial Corp (SNV)February 22, 2024 | markets.businessinsider.comAnalysts Conflicted on These Financial Names: Synovus (SNV) and Root (ROOT)February 17, 2024 | finance.yahoo.comSNV Feb 2024 40.000 callFebruary 17, 2024 | finance.yahoo.comSNV Feb 2024 30.000 putFebruary 10, 2024 | ca.finance.yahoo.comSNV Feb 2024 41.000 callFebruary 8, 2024 | finance.yahoo.comHere's Why Synovus (SNV) Is a Great 'Buy the Bottom' Stock NowFebruary 7, 2024 | markets.businessinsider.comForecasting The Future: 11 Analyst Projections For Synovus FinlFebruary 6, 2024 | finance.yahoo.comIs Synovus Financial (SNV) a Great Value Stock Right Now?January 30, 2024 | finance.yahoo.comCan Synovus (SNV) Run Higher on Rising Earnings Estimates?January 29, 2024 | finance.yahoo.com5 Stocks Trading Near 52-Week High That Can Climb FurtherJanuary 26, 2024 | finance.yahoo.comDirector Tim Bentsen Sells 4,671 Shares of Synovus Financial Corp (SNV)January 19, 2024 | markets.businessinsider.comCritical Insights From Synovus Finl Analyst Ratings: What You Need To KnowJanuary 19, 2024 | finance.yahoo.comSynovus Financial Full Year 2023 Earnings: EPS Beats ExpectationsSee 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 1/2 Dividend12/20/2023Dividend Payable1/02/2024Last Earnings1/17/2024Ex-Dividend for 4/1 Dividend3/20/2024Today3/28/2024Dividend Payable4/01/2024Next Earnings (Confirmed)4/17/2024Fiscal 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$39.00 High Stock Price Target$46.00 Low Stock Price Target$31.00 Potential Upside/Downside-2.1%Consensus RatingModerate Buy Rating Score (0-4)2.77 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$3.46 Trailing P/E Ratio11.51 Forward P/E Ratio9.88 P/E GrowthN/ANet Income$543.71 million Net Margins15.74% Pretax Margin20.15% Return on Equity14.95% Return on Assets1.06% Debt Debt-to-Equity Ratio0.42 Current Ratio0.89 Quick Ratio0.89 Sales & Book Value Annual Sales$3.45 billion Price / Sales1.69 Cash Flow$5.19 per share Price / Cash Flow7.67 Book Value$31.50 per share Price / Book1.26Miscellaneous Outstanding Shares146,420,000Free Float145,231,000Market Cap$5.83 billion OptionableOptionable Beta1.39 Social Links Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. 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 47)Executive VP of Technology, Operations & Security Comp: $963.3kMr. D. Wayne Akins Jr. (Age 60)Chief Community Banking & Wealth Services Officer and EVP 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 55)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 CompetitorsBOK FinancialNASDAQ:BOKFZions Bancorporation, National AssociationNASDAQ:ZIONOld National BancorpNASDAQ:ONBPinnacle Financial PartnersNASDAQ:PNFPF.N.B.NYSE:FNBView All CompetitorsInsiders & InstitutionsQuadrature Capital LtdSold 3,855 shares on 3/25/2024Ownership: 0.017%Vanguard Group Inc.Sold 234,473 shares on 3/11/2024Ownership: 10.308%Wellington Management Group LLPBought 2,843,488 shares on 3/5/2024Ownership: 5.354%Goldman Sachs Group Inc.Sold 14,451 shares on 3/1/2024Ownership: 0.244%American International Group Inc.Sold 8,394 shares on 2/28/2024Ownership: 0.135%View All Insider TransactionsView All Institutional Transactions SNV Stock Analysis - Frequently Asked Questions Should I buy or sell Synovus Financial stock right now? 13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Synovus Financial in the last year. There are currently 4 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SNV shares. View SNV analyst ratings or view top-rated stocks. What is Synovus Financial's stock price target for 2024? 13 analysts have issued twelve-month price objectives for Synovus Financial's shares. Their SNV share price targets range from $31.00 to $46.00. On average, they predict the company's stock price to reach $39.00 in the next twelve months. This suggests that the stock has a possible downside of 2.1%. View analysts price targets for SNV or view top-rated stocks among Wall Street analysts. How have SNV shares performed in 2024? Synovus Financial's stock was trading at $37.65 at the beginning of the year. Since then, SNV stock has increased by 5.8% and is now trading at $39.82. View the best growth stocks for 2024 here. Are investors shorting Synovus Financial? Synovus Financial saw a decline in short interest in March. As of March 15th, there was short interest totaling 5,780,000 shares, a decline of 24.8% from the February 29th total of 7,690,000 shares. Based on an average trading volume of 1,440,000 shares, the days-to-cover ratio is presently 4.0 days. Approximately 4.0% of the shares of the company are sold short. View Synovus Financial's Short Interest. When is Synovus Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 17th 2024. View our SNV earnings forecast. How can I listen to Synovus Financial's earnings call? Synovus Financial will be holding an earnings conference call on Thursday, April 18th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link. How were Synovus Financial's earnings last quarter? Synovus Financial Corp. (NYSE:SNV) posted its quarterly earnings data on Wednesday, January, 17th. The bank reported $0.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.94 by $0.14. The bank had revenue of $488.68 million for the quarter, compared to analysts' expectations of $527.60 million. Synovus Financial had a net margin of 15.74% and a trailing twelve-month return on equity of 14.95%. How often does Synovus Financial pay dividends? What is the dividend yield for Synovus Financial? Synovus Financial declared a quarterly dividend on Monday, March 4th. Shareholders of record on Thursday, March 21st will be given a dividend of $0.38 per share on Monday, April 1st. This represents a $1.52 annualized dividend and a yield of 3.82%. The ex-dividend date of this dividend is Wednesday, March 20th. Read our dividend analysis for SNV. Is Synovus Financial a good dividend stock? Synovus Financial (NYSE:SNV) pays an annual dividend of $1.52 per share and currently has a dividend yield of 3.94%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 43.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SNV will have a dividend payout ratio of 34.47% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SNV. What ETFs hold Synovus Financial's stock? ETFs with the largest weight of Synovus Financial (NYSE:SNV) stock in their portfolio include iShares Focused Value Factor ETF (FOVL), Invesco KBW Regional Banking ETF (KBWR), SPDR S&P Regional Banking ETF (KRE), SPDR S&P Bank ETF (KBE), First Trust Financial AlphaDEX Fund (FXO), iShares U.S. Regional Banks ETF (IAT), Direxion Daily Regional Banks Bull 3x Shares (DPST) and First Trust SMID Cap Rising Dividend Archievers ETF (SDVY). What guidance has Synovus Financial issued on next quarter's earnings? Synovus Financial updated its FY 2024 earnings guidance on Tuesday, January, 30th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.2 billion-$2.3 billion, compared to the consensus revenue estimate of $2.2 billion. 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. 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 major shareholders? Synovus Financial's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.32%), Vanguard Group Inc. (10.31%), Wellington Management Group LLP (5.35%), Dimensional Fund Advisors LP (3.54%), Charles Schwab Investment Management Inc. (2.55%) and North Reef Capital Management LP (2.33%). Insiders that own company stock include Allan E Kamensky, Andrew J Jr Gregory, Daniel Zachary Bishop, Diana M Murphy, Eli Samaha, John L Stallworth, Joseph J Prochaska Jr, Kessel D Stelling, Kevin S Blair, Mark G Holladay, Mark G Holladay, Thomas T Dierdorff and Tim E Bentsen. 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. Does Synovus Financial have any subsidiaries? The following companies are subsidiares of Synovus Financial: Florida Community Bank.Read More This page (NYSE:SNV) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyBREAKING: New AI Breakthrough Could Change Healthcare ForeverBehind the Markets“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisorySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceBuy this small stock before coming AI Tidal WaveChaikin Analytics Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Synovus Financial Corp. 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