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Synovus (SNV)
NYSE:SNV
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SNV Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$25.10 - $51.69
Previous Close$48.58
Volume1.19M
Average Volume (3M)1.36M
Market Cap
$6.99B
Enterprise Value$9.30B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$2.29B
Price to Earnings (P/E)22.0
Beta1.83
Next Earnings
Jan 15, 2025EPS Estimate
$1.13Last Dividend Ex-Date
Sep 19, 2024Dividend Yield3.13%
Share Statistics
EPS (TTM)2.21
Shares Outstanding143,972,321
10 Day Avg. Volume1,954,512
30 Day Avg. Volume1,358,170
Standard Deviation0.12
R-Squared0.38
Alpha-0.00298
Financial Highlights & Ratios
Price to Book (P/B)1.55
Price to Sales (P/S)3.77
Price to Cash Flow (P/CF)6.30
P/FCF Ratio2.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.94
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$54.85Price Target Upside12.91% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Synovus News
Bulls Say, Bears Say
Bulls Say
EarningsStrong 3Q24 beat and positive 4Q24 commentary drive up 2024 estimates.
Financial PerformanceSynovus-SNV shares outperformed peers by over 400bp after reporting better-than-expected earnings.
ValuationThe stock is attractively valued, operating in some of the fastest-growing markets.
Bears Say
Interest Rates And MarginsLower rates are already driving Net Interest Margin compression.
Loan QualityNon-performing loans and classified/criticized loan formation stood out as the main negative.
Revenue GuidanceSNV lowered revenue guidance citing a combo of slower loan growth, weaker capital markets & expected rate cuts.
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Ownership Overview
1.51% Insiders
27.06% Mutual Funds
1.12% Other Institutional Investors
42.04% 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 $25.10 and its highest was $51.69 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 Jan 15, 2025 which is in 66 days.
How were Synovus’s earnings last quarter?
Synovus released its earnings results on Oct 16, 2024. The company reported $1.23 earnings per share for the quarter, beating the consensus estimate of $1.081 by $0.149.
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 3.13%. See more information on Synovus dividends here
What is Synovus’s EPS estimate?
Synovus’s EPS estimate is $1.13.
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 $1.23 in its last earnings report, beating expectations of $1.081. Following the earnings report the stock price went up 5.127%.
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.
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Synovus Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$54.85 (12.91% Upside)
$54.85 (12.91% Upside)
Blogger Sentiment
Neutral
SNV Sentiment 67%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 211.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 6.1%
Last 30 Days ▲ 4.1%
Last 30 Days ▲ 4.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
101.02%
12-Months-Change
Fundamentals
Return on Equity
7.33%
Trailing 12-Months
Asset Growth
0.42%
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
Q3 2024
0:00 / 0:00
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SNV Stock 12 Month Forecast
Average Price Target
$54.85
▲(12.91% Upside)
Technical Analysis
Best Analysts Covering SNV
1 Year
1 Year Success Rate
11/12 ratings generated profit
1 Year Average Return
+37.82%
reiterated a buy rating 20 days ago
Copying Brandon King's trades and holding each position for 1 Year would result in 91.67% of your transactions generating a profit, with an average return of +37.82% per trade.
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