Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Synovus (SNV)
NYSE:SNV
Holding SNV?
Track your performance easily
SNV Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$24.40 - $47.83
Previous Close$44.79
Volume2.31M
Average Volume (3M)1.38M
Market Cap
$6.45B
Enterprise Value$8.76B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$2.29B
Price to Earnings (P/E)27.5
Beta1.48
Next Earnings
Oct 16, 2024EPS Estimate
$1.09Last Dividend Ex-Date
Sep 19, 2024Dividend Yield3.41%
Share Statistics
EPS (TTM)1.63
Shares Outstanding143,972,321
10 Day Avg. Volume1,283,750
30 Day Avg. Volume1,384,302
Standard Deviation0.12
R-Squared0.38
Alpha-0.00224
Financial Highlights & Ratios
Price to Book (P/B)1.43
Price to Sales (P/S)3.46
Price to Cash Flow (P/CF)5.80
P/FCF Ratio2.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.65
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$49.20Price Target Upside9.90% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Synovus News
PremiumCompany Announcements
Synovus Appoints Broadridge as New Transfer Agent and Plan Administrator
Bulls Say, Bears Say
Bulls Say
Capital ManagementBuybacks accelerated from $30M in 1Q to $90M in 2Q, and management sounded more constructive on capital return as CET1 of 10.6% above the 10-10.5% target range.
Credit PerformanceCredit showed positive trends, with NCOs improving to 32bps of loans and NPAs declining 27%.
Financial PerformanceStrong revenue beat from securities repositioning and better capital markets sets the stage for stronger growth in 2025.
Bears Say
Loan GrowthCommercial Real Estate pay-downs acceleration is likely to weigh on loan growth in the next couple of quarters.
Net Interest MarginLower rates are already driving Net Interest Margin compression.
Revenue GuidanceSNV lowered revenue guidance citing a combo of slower loan growth, weaker capital markets & expected rate cuts.
---
Ownership Overview
9.44% Insiders
30.41% Mutual Funds
46.25% Other Institutional Investors
13.90% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
SNV FAQ
What was Synovus’s price range in the past 12 months?
Synovus lowest stock price was $24.40 and its highest was $47.83 in the past 12 months.
What is Synovus’s market cap?
Currently, no data Available
When is Synovus’s upcoming earnings report date?
Synovus’s upcoming earnings report date is Oct 16, 2024 which is in 26 days.
How were Synovus’s earnings last quarter?
Synovus released its earnings results on Jul 17, 2024. The company reported $1.16 earnings per share for the quarter, beating the consensus estimate of $0.951 by $0.209.
Is Synovus overvalued?
According to Wall Street analysts Synovus’s price is currently Undervalued.
Does Synovus pay dividends?
Synovus pays a Quarterly dividend of $0.38 which represents an annual dividend yield of 3.41%. See more information on Synovus dividends here
What is Synovus’s EPS estimate?
Synovus’s EPS estimate is $1.09.
How many shares outstanding does Synovus have?
Synovus has 143,972,320 shares outstanding.
What happened to Synovus’s price movement after its last earnings report?
Synovus reported an EPS of $1.16 in its last earnings report, beating expectations of $0.951. Following the earnings report the stock price went down -1.012%.
Which hedge fund is a major shareholder of Synovus?
Among the largest hedge funds holding Synovus’s share is Pzena Investment Management LLC. It holds Synovus’s shares valued at 30M.
---
Synovus Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$49.20 (9.90% Upside)
$49.20 (9.90% Upside)
Blogger Sentiment
Neutral
SNV Sentiment 50%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 211.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $28.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 2.4%
Last 30 Days ▼ 2.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
54.42%
12-Months-Change
Fundamentals
Return on Equity
5.65%
Trailing 12-Months
Asset Growth
-1.73%
Trailing 12-Months
Company Description
Synovus
Synovus Financial Corp. is a bank holding company, which engages in the provision of financial services. It offers private banking, treasury management, wealth management, premium finance and international banking, commercial and retail banking, financial management, insurance, and mortgage services to its customers. The company was founded in 1972 and is headquartered in Columbus, GA.
---
SNV Company Deck
---
SNV Earnings Call
Q2 2024
0:00 / 0:00
---
SNV Stock 12 Month Forecast
Average Price Target
$49.20
▲(9.90% Upside)
Technical Analysis
Best Analysts Covering SNV
1 Year
1 Year Success Rate
9/13 ratings generated profit
1 Year Average Return
+7.72%
reiterated a buy rating 3 months ago
Copying Casey Haire's trades and holding each position for 1 Year would result in 69.23% of your transactions generating a profit, with an average return of +7.72% per trade.
---