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Synovus (SNV)
NYSE:SNV
Synovus (SNV) Stock Price & Analysis
714 Followers
SNV Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$23.67 - $42.87
Previous Close$42.55
Volume1.49M
Average Volume (3M)1.38M
Market Cap
$6.23B
Enterprise Value$8.19B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$1.94B
Price to Earnings (P/E)14.6
Beta1.49
Next Earnings
Jul 17, 2024EPS Estimate
$0.95Last Dividend Ex-Date
Jun 20, 2024Dividend Yield3.57%
Share Statistics
EPS (TTM)2.92
Shares Outstanding146,439,885
10 Day Avg. Volume1,177,523
30 Day Avg. Volume1,377,800
Standard Deviation0.12
R-Squared0.40
Alpha-0.00313
Financial Highlights & Ratios
Price to Book (P/B)1.35
Price to Sales (P/S)11.06
Price to Cash Flow (P/CF)5.10
P/FCF Ratio2.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.69
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda29.26
Forecast
1Y Price Target
$39.35Price Target Upside-10.34% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Synovus News
PremiumCompany Announcements
Synovus Sets Stage for Investor Call with Detailed BriefingBulls Say, Bears Say
Bulls Say
Capital OptimizationSNV undertook steps to optimize RWA calculations, including improved functionality in credit administration, increasing regulatory capital levels.
Growth PotentialPotential reduction in the federal funds rate could stimulate loan demand, providing a catalyst for Synovus to showcase its growth potential.
ProfitabilitySNV is now better positioned to benefit from its strong markets to see a step-up in profitability.
Bears Say
EarningsSynovus reported core earnings per share that missed expectations due to declining net interest margin and pressure on credit quality.
Investor SentimentInvestors seem to be in no hurry to add exposure to bank stocks given the potential downside risks created by the persistent march higher in interest rates.
Stock PerformanceSynovus – SNV shares significantly underperformed peers after 1Q24 EPS of $0.86 missed estimates.
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Ownership Overview
9.28% Insiders
29.87% Mutual Funds
28.32% Other Institutional Investors
32.53% 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.
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SNV FAQ
What was Synovus’s price range in the past 12 months?
Synovus lowest stock price was $23.67 and its highest was $42.87 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 Jul 17, 2024 which is 5 days ago.
How were Synovus’s earnings last quarter?
Synovus released its earnings results on Apr 17, 2024. The company reported $0.79 earnings per share for the quarter, missing the consensus estimate of $0.987 by -$0.197.
Is Synovus overvalued?
According to Wall Street analysts Synovus’s price is currently Overvalued.
Does Synovus pay dividends?
Synovus pays a Quarterly dividend of $0.38 which represents an annual dividend yield of 3.57%. See more information on Synovus dividends here
What is Synovus’s EPS estimate?
Synovus’s EPS estimate is $0.95.
How many shares outstanding does Synovus have?
Synovus has 146,439,880 shares outstanding.
What happened to Synovus’s price movement after its last earnings report?
Synovus reported an EPS of $0.79 in its last earnings report, missing expectations of $0.987. Following the earnings report the stock price went down -7.423%.
Which hedge fund is a major shareholder of Synovus?
Among the largest hedge funds holding Synovus’s share is Basswood Capital Management LLC. It holds Synovus’s shares valued at 41M.
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Synovus Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$39.35 (-10.34% Downside)
$39.35 (-10.34% Downside)
Blogger Sentiment
Bullish
SNV Sentiment 60%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 146.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $10.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 5.1%
Last 30 Days ▼ 5.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
37.78%
12-Months-Change
Fundamentals
Return on Equity
9.52%
Trailing 12-Months
Asset Growth
-3.24%
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.
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SNV Company Deck
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SNV Earnings Call
Q1 2024
0:00 / 0:00
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SNV Stock 12 Month Forecast
Average Price Target
$39.35
▼(-10.34% Downside)
Technical Analysis
Best Analysts Covering SNV
1 Year
1 Year Success Rate
9/9 ratings generated profit
1 Year Average Return
+35.71%
reiterated a buy rating 3 months ago
Copying Brandon King's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +35.71% per trade.
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