Most-Downgraded StocksMost-DowngradedNYSE:SNV Synovus Financial (SNV) Stock Price, News & Analysis → Don’t Miss Out on the AI Gold Rush That’s Just Getting Started (From Banyan Hill Publishing) (Ad) Free SNV Stock Alerts $35.68 +0.77 (+2.21%) (As of 04/22/2024 ET) Add Compare Share Share Today's Range$34.66▼$35.7150-Day Range$33.92▼$40.0652-Week Range$24.40▼$40.92Volume1.80 million shsAverage Volume1.51 million shsMarket Capitalization$5.22 billionP/E Ratio12.22Dividend Yield4.26%Price Target$41.53 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 Buy2.59 Rating ScoreUpside/Downside15.4% Upside$41.18 Price TargetShort InterestBearish4.24% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.71Upright™ Environmental ScoreNews Sentiment-0.18Based on 52 Articles This WeekInsider TradingSelling Shares$258,574 Sold Last QuarterProj. Earnings Growth11.08%From $3.97 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.4.55 out of 5 starsFinance Sector148th out of 845 stocksNational Commercial Banks Industry22nd out of 82 stocks 3.3 Analyst's Opinion Consensus RatingSynovus Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.59, and is based on 10 buy ratings, 7 hold ratings, and no sell ratings.Amount of Analyst CoverageSynovus Financial has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.24% 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 4.2.Change versus previous monthShort interest in Synovus Financial has recently increased by 6.57%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipSynovus Financial is a leading dividend payer. It pays a dividend yield of 4.35%, 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 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 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 16.08% 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 1.0 News and Social Media Coverage News SentimentSynovus Financial has a news sentiment score of -0.18. 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 0.55 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 52 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 8 people have added Synovus Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -27% 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 11.08% in the coming year, from $3.97 to $4.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Synovus Financial is 12.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.34.Price to Earnings Ratio vs. SectorThe P/E ratio of Synovus Financial is 12.22, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 60.56.Price to Earnings Growth RatioSynovus Financial has a PEG Ratio of 3.83. 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 1.13. 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 Crypto 101 Media[Shocking] Elon Musk’s Plan To End BanksLeaked Elon Musk call reveals shocking plan to replace banks. As Musk's plan rolls out, industry experts predict it could spark a wave of mass crypto adoption. Triggering a new crypto bull run. While helping drive a booming crypto asset class up from $2.5-billion to $16-trillion (a 6,400x increase) by 2030. Click here now to get your copy. 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 HeadlinesApril 18, 2024 | marketbeat.comAlly Financial, CSX rise; Equifax, Synovus Financial fall, Thursday, 4/18/2024Stocks that are trading heavily or have substantial price changes on Thursday: Ally Financial, CSX rise; Equifax, Synovus Financial fallApril 22, 2024 | americanbankingnews.comJPMorgan Chase & Co. Cuts Synovus Financial (NYSE:SNV) Price Target to $48.00April 23, 2024 | Banyan Hill Publishing (Ad)Don’t Miss Out on the AI Gold Rush That’s Just Getting Started“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.April 21, 2024 | americanbankingnews.comThe Goldman Sachs Group Lowers Synovus Financial (NYSE:SNV) Price Target to $41.00April 21, 2024 | americanbankingnews.comSynovus Financial (NYSE:SNV) Price Target Cut to $48.00April 21, 2024 | americanbankingnews.comSynovus Financial (NYSE:SNV) Price Target Cut to $43.00April 21, 2024 | americanbankingnews.comSynovus Financial (NYSE:SNV) PT Lowered to $42.00April 21, 2024 | americanbankingnews.comSynovus Financial (NYSE:SNV) PT Lowered to $39.00April 23, 2024 | Banyan Hill Publishing (Ad)Don’t Miss Out on the AI Gold Rush That’s Just Getting Started“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.April 21, 2024 | americanbankingnews.comSynovus Financial (NYSE:SNV) Price Target Cut to $41.00April 21, 2024 | americanbankingnews.comWells Fargo & Company Lowers Synovus Financial (NYSE:SNV) Price Target to $40.00April 21, 2024 | americanbankingnews.comSynovus Financial (NYSE:SNV) Stock Rating Reaffirmed by Keefe, Bruyette & WoodsApril 21, 2024 | americanbankingnews.comBank of America Lowers Synovus Financial (NYSE:SNV) Price Target to $40.00April 20, 2024 | americanbankingnews.comSynovus Financial (NYSE:SNV) Stock Rating Lowered by Raymond JamesApril 19, 2024 | markets.businessinsider.comOptimistic Synovus Outlook: Capital Flexibility and Valuation Discount Justify Buy RatingApril 19, 2024 | markets.businessinsider.comBarclays Reaffirms Their Hold Rating on Synovus (SNV)April 19, 2024 | finance.yahoo.comSynovus Financial Corp. (NYSE:SNV) Q1 2024 Earnings Call TranscriptApril 19, 2024 | finance.yahoo.comSynovus Financial Corp (SNV) Q1 2024 Earnings Call Transcript Highlights: Key Financial Metrics ...April 19, 2024 | finance.yahoo.comQ1 2024 Synovus Financial Corp Earnings CallApril 19, 2024 | finance.yahoo.comSynovus Financial First Quarter 2024 Earnings: Misses ExpectationsApril 19, 2024 | msn.comRaymond James Downgrades Synovus Financial (SNV)April 19, 2024 | americanbankingnews.comSynovus Financial (NYSE:SNV) Shares Gap Down Following Weak EarningsApril 19, 2024 | gurufocus.comQ1 2024 Synovus Financial Corp Earnings Call TranscriptApril 18, 2024 | msn.comSynovus stock gaps down as Q1 earnings miss fuels analyst downgradeApril 18, 2024 | markets.businessinsider.comSynovus (SNV) Gets a Buy from KBWApril 17, 2024 | marketwatch.comSynovus Financial Shares Slip After 1Q Results Miss EstimatesApril 17, 2024 | finance.yahoo.comSynovus Financial Corp (SNV) Q1 2024 Earnings Analysis: Challenges Amidst Strategic ProgressSee 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 4/1 Dividend3/20/2024Dividend Payable4/01/2024Last Earnings4/18/2024Today4/22/2024Next Earnings (Estimated)7/17/2024Fiscal 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$41.18 High Stock Price Target$48.00 Low Stock Price Target$37.00 Potential Upside/Downside+16.4%Consensus RatingModerate Buy Rating Score (0-4)2.59 Research Coverage17 Analysts Profitability EPS (Most Recent Fiscal Year)$2.92 Trailing P/E Ratio12.22 Forward P/E Ratio8.99 P/E Growth3.83Net Income$543.71 million Net Margins13.29% Pretax Margin17.04% Return on Equity12.93% Return on Assets0.94% Debt Debt-to-Equity Ratio0.45 Current Ratio0.89 Quick Ratio0.89 Sales & Book Value Annual Sales$3.45 billion Price / Sales1.51 Cash Flow$5.13 per share Price / Cash Flow6.96 Book Value$31.50 per share Price / Book1.13Miscellaneous Outstanding Shares146,420,000Free Float145,231,000Market Cap$5.22 billion OptionableOptionable Beta1.40 Social Links 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. 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 CompetitorsBOK FinancialNASDAQ:BOKFZions Bancorporation, National AssociationNASDAQ:ZIONPinnacle Financial PartnersNASDAQ:PNFPF.N.B.NYSE:FNBOld National BancorpNASDAQ:ONBView All CompetitorsInsiders & InstitutionsRaymond James & AssociatesSold 3,418 shares on 4/22/2024Ownership: 0.085%Investors Asset Management of Georgia Inc. GA ADVSold 5,332 shares on 4/22/2024Ownership: 0.016%Confluence Wealth Services Inc.Sold 4,237 shares on 4/22/2024Ownership: 0.008%State of Michigan Retirement SystemBought 800 shares on 4/18/2024Ownership: 0.025%Oak Thistle LLCSold 4,993 shares on 4/18/2024Ownership: 0.004%View All Insider TransactionsView All Institutional Transactions SNV Stock Analysis - Frequently Asked Questions Should I buy or sell Synovus Financial stock right now? 17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Synovus Financial in the last year. There are currently 7 hold ratings and 10 buy ratings 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? 17 Wall Street analysts have issued 12-month target prices for Synovus Financial's shares. Their SNV share price targets range from $37.00 to $48.00. On average, they anticipate the company's stock price to reach $41.18 in the next year. This suggests a possible upside of 15.4% from the stock's current price. 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 on January 1st, 2024. Since then, SNV shares have decreased by 5.2% and is now trading at $35.68. View the best growth stocks for 2024 here. Are investors shorting Synovus Financial? Synovus Financial saw a decline in short interest during the month of 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 daily trading volume, of 1,440,000 shares, the short-interest ratio is presently 4.0 days. Approximately 4.0% of the company's shares are short sold. 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, July 17th 2024. View our SNV earnings forecast. How were Synovus Financial's earnings last quarter? Synovus Financial Corp. (NYSE:SNV) released its earnings results on Thursday, April, 18th. The bank reported $0.79 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.99 by $0.20. The bank had revenue of $537.73 million for the quarter, compared to analyst estimates of $547.62 million. Synovus Financial had a net margin of 13.29% and a trailing twelve-month return on equity of 12.93%. The firm's revenue was down 12.4% compared to the same quarter last year. During the same period last year, the firm posted $1.33 EPS. 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. Investors 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 dividend yield of 4.26%. 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 4.35%. SNV has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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 52.05%. 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), SPDR S&P Regional Banking ETF (KRE), Invesco KBW Regional Banking ETF (KBWR), Direxion Daily Regional Banks Bull 3x Shares (DPST), Thrivent Small-Mid Cap ESG ETF (TSME), SPDR S&P Bank ETF (KBE), iShares U.S. Regional Banks ETF (IAT) and First Trust Nasdaq Bank ETF (FTXO). What guidance has Synovus Financial issued on next quarter's earnings? Synovus Financial issued an update on its FY 2024 earnings guidance on Friday, April, 19th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.2 billion-$2.2 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 number of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.20%), Asio Capital LLC (0.09%), Raymond James & Associates (0.08%), Alaska Permanent Fund Corp (0.05%), Welch Group LLC (0.04%) and State of Michigan Retirement System (0.02%). 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 4/23/2024 by MarketBeat.com Staff From Our PartnersHealthcare Takes A Big Step Forward With The Help Of AIThe Bull Reporttop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill Publishing[Shocking] Elon Musk’s Plan To End BanksCrypto 101 MediaForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressMan Who Predicted 2008: “This Will be Worse.”AltimetryThe #1 Crypto for 2024InvestorPlace 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. Please log in to your account or sign up in order to add this asset to your watchlist. 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