NYSE:SNV Synovus Financial (SNV) Stock Price, News & Analysis → SHOCKING Crypto Leak… (From Crypto 101 Media) (Ad) Free SNV Stock Alerts $33.92 -2.70 (-7.37%) (As of 04/18/2024 ET) Add Compare Share Share Today's Range$33.52▼$34.9050-Day Range$33.92▼$40.0652-Week Range$24.40▼$40.92Volume5.77 million shsAverage Volume1.50 million shsMarket Capitalization$4.97 billionP/E Ratio9.80Dividend Yield4.48%Price Target$41.50 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 Buy2.60 Rating ScoreUpside/Downside22.3% Upside$41.50 Price TargetShort InterestBearish4.24% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.71Upright™ Environmental ScoreNews Sentiment0.48Based on 15 Articles This WeekInsider TradingSelling Shares$258,574 Sold Last QuarterProj. Earnings Growth9.88%From $4.05 to $4.45 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 starsFinancial Services Sector7th out of 29 stocksBanks - Regional Industry3rd out of 15 stocks 3.3 Analyst's Opinion Consensus RatingSynovus Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 9 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. 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 4.15%, 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 34.16% 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 1.9 News and Social Media Coverage News SentimentSynovus Financial has a news sentiment score of 0.48. 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 Financial Services companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Synovus Financial this week, compared to 5 articles on an average week.Search InterestOnly 2 people have searched for SNV on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Synovus Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -58% 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 9.88% in the coming year, from $4.05 to $4.45 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Synovus Financial is 9.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.41.Price to Earnings Ratio vs. SectorThe P/E ratio of Synovus Financial is 9.80, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 446.02.Price to Earnings Growth RatioSynovus Financial has a PEG Ratio of 3.93. 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 1.08. 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 DTIStart loving Mondays like thisWouldn’t you love to start looking forward to Mondays? We’re in a New Paradigm Shift in the market that could make it possible! You see, rallies over the weekends have become much more common in the last few years. Imagine hitting a few buttons on your phone or laptop to place a quick trade before the weekend hits… And coming back on Monday to what could be extra income sitting in your account… Weekend after weekend!Weekend after weekend! 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 18, 2024 | msn.comSynovus stock gaps down as Q1 earnings miss fuels analyst downgradeApril 18, 2024 | Priority Gold (Ad)Biden to Launch “FedNOW” [Move Your Money Now]Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...April 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 ProgressApril 17, 2024 | markets.businessinsider.comSynovus Financial Q1 Profit Decreases, misses estimatesApril 17, 2024 | businesswire.comSynovus announces earnings for the first quarter 2024April 18, 2024 | Priority Gold (Ad)Biden to Launch “FedNOW” [Move Your Money Now]Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...April 11, 2024 | businesswire.comSynovus Financial Corp. releases 2023 Annual ReportApril 11, 2024 | americanbankingnews.comSynovus Financial (NYSE:SNV) Price Target Increased to $42.00 by Analysts at Wells Fargo & CompanyApril 10, 2024 | americanbankingnews.comSynovus Financial (NYSE:SNV) Price Target Raised to $44.00 at Royal Bank of CanadaApril 10, 2024 | americanbankingnews.comSynovus Financial (SNV) to Release Quarterly Earnings on WednesdayApril 9, 2024 | americanbankingnews.comSynovus Financial (NYSE:SNV) PT Lowered to $43.00 at Jefferies Financial GroupApril 3, 2024 | businesswire.comSynovus introduces Accelerate Pay for business paymentsMarch 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 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 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)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 4/1 Dividend3/20/2024Dividend Payable4/01/2024Last Earnings4/17/2024Today4/18/2024Next Earnings (Estimated)7/17/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinancial Services Industry Banks - Regional Sub-IndustryRegional Banks Current SymbolNYSE:SNV CUSIP87161C10 CIK18349 Webwww.synovus.com Phone(706) 641-6500Fax706-641-6555Employees4,798Year Founded1888Price Target and Rating Average Stock Price Target$41.50 High Stock Price Target$50.00 Low Stock Price Target$34.00 Potential Upside/Downside+22.3%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage15 Analysts Profitability EPS (Most Recent Fiscal Year)$3.46 Trailing P/E Ratio9.80 Forward P/E Ratio8.38 P/E Growth3.93Net 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 / Sales1.44 Cash Flow$4.65 per share Price / Cash Flow7.30 Book Value$31.50 per share Price / Book1.08Miscellaneous Outstanding Shares146,420,000Free Float145,231,000Market Cap$4.97 billion OptionableOptionable Beta1.40 Social Links These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 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 & InstitutionsAllspring Global Investments Holdings LLCSold 11,242 shares on 4/18/2024Ownership: 0.199%Oak Thistle LLCSold 4,993 shares on 4/18/2024Ownership: 0.004%Asio Capital LLCBought 1,428 shares on 4/16/2024Ownership: 0.087%Private Capital Management LLCSold 78,694 shares on 4/11/2024Ownership: 0.235%Cooper Financial GroupBought 5,059 shares on 4/11/2024Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions SNV Stock Analysis - Frequently Asked Questions Should I buy or sell Synovus Financial stock right now? 15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Synovus Financial in the last year. There are currently 6 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street 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? 15 Wall Street analysts have issued twelve-month price targets for Synovus Financial's stock. Their SNV share price targets range from $34.00 to $50.00. On average, they expect the company's share price to reach $41.50 in the next twelve months. This suggests a possible upside of 22.3% 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 at the beginning of the year. Since then, SNV shares have decreased by 9.9% and is now trading at $33.92. 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 days-to-cover ratio is presently 4.0 days. Currently, 4.0% of the company's shares 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, July 17th 2024. View our SNV earnings forecast. How were Synovus Financial's earnings last quarter? Synovus Financial Corp. (NYSE:SNV) announced its quarterly earnings data on Wednesday, April, 17th. The bank reported $0.79 earnings per share for the quarter, missing the consensus estimate of $0.99 by $0.20. The bank earned $537.73 million during the quarter, compared to the consensus estimate of $547.62 million. Synovus Financial had a trailing twelve-month return on equity of 14.95% and a net margin of 15.74%. The business's quarterly revenue was down 12.4% compared to the same quarter last year. During the same period in the prior year, the company earned $1.33 EPS. How often does Synovus Financial pay dividends? What is the dividend yield for Synovus Financial? Synovus Financial announced 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 yield of 4.48%. The ex-dividend date 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 4.15%. 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 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 34.16% 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), Thrivent Small-Mid Cap ESG ETF (TSME), SPDR S&P Bank ETF (KBE), First Trust Financial AlphaDEX Fund (FXO), iShares U.S. Regional Banks ETF (IAT) and Direxion Daily Regional Banks Bull 3x Shares (DPST). 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 (EPS) 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 number of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.20%), Asio Capital LLC (0.09%), Alaska Permanent Fund Corp (0.05%), Welch Group LLC (0.04%), Thomasville National Bank (0.01%) and M&R Capital Management Inc. (0.01%). 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 4/18/2024 by MarketBeat.com Staff From Our PartnersSHOCKING Crypto Leak…Crypto 101 MediaBiden’s $374B Giveaway Into This SectorDTIThe “Perfect Storm” for GoldGold Safe ExchangeDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop 5 AI Stocks to Buy for 2024Market Moving TrendsHow Biden has already won 2024Porter & CompanyTop 5 Tech Stocks to Buy for 2024Daily Market AlertsMan Who Predicted 2008: “This Will be Worse.”Altimetry 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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