Synovus Financial Corp Stock Today
| SNV Stock | USD 36.82 0.19 0.52% |
Performance0 of 100
| Odds Of DistressLess than 5
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Synovus Financial is selling for under 36.82 as of the 25th of April 2024; that is 0.52 percent up since the beginning of the trading day. The stock's lowest day price was 35.51. Synovus Financial has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Equity ratings for Synovus Financial Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Banks | IPO Date 12th of January 1990 | Category Financial Services | Classification Financials |
Synovus Financial Corp. operates as the bank holding company for Synovus Bank that provides commercial and retail banking products and services. The company was founded in 1888 and is headquartered in Columbus, Georgia. Synovus Financial operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. The company has 146.42 M outstanding shares of which 6.16 M shares are at this time shorted by investors with about 4.34 days to cover. More on Synovus Financial Corp
Moving together with Synovus Stock
| 0.76 | RF | Regions Financial Financial Report 19th of July 2024 | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 17th of July 2024
Synovus Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Synovus Financial's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Synovus Financial or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Synovus Financial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Synovus Financial's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | Kevin Blair | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Sinovus Mining | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Regional Banks, Banks - Regional, Financial Services, NYSE Composite, SP Midcap 400, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Synovus Financial report their recommendations after researching Synovus Financial's financial statements, talking to executives and customers, or listening in on Synovus Financial's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Synovus Financial Corp. The Synovus consensus assessment is calculated by taking the average forecast from all of the analysts covering Synovus Financial. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Synovus Financial's profitability, liquidity, and operating efficiency, Synovus Financial Corp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Synovus Financial Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Synovus Financial's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Synovus Financial's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Synovus Financial's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Synovus Financial's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Synovus Financial's financial leverage. It provides some insight into what part of Synovus Financial's total assets is financed by creditors.
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Synovus Financial Corp (SNV) is traded on New York Stock Exchange in USA. It is located in 1111 Bay Avenue, Columbus, GA, United States, 31901 and employs 4,798 people. Synovus Financial is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 5.36 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Synovus Financial's market, we take the total number of its shares issued and multiply it by Synovus Financial's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Synovus Financial Corp runs under Banks sector within Financials industry. The entity has 146.42 M outstanding shares of which 6.16 M shares are at this time shorted by investors with about 4.34 days to cover.
Synovus Financial Corp has about 607.06 M in cash with 937.35 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.17.
Check Synovus Financial Probability Of Bankruptcy
Ownership AllocationSynovus Financial Corp shows a total of 146.42 Million outstanding shares. The majority of Synovus Financial Corp outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Synovus Financial to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Synovus Financial Corp. Please pay attention to any change in the institutional holdings of Synovus Financial Corp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Synovus Ownership Details
Synovus Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Synovus Financial jumping above the current price in 90 days from now is about 66.91%. The Synovus Financial Corp probability density function shows the probability of Synovus Financial stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.6306. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Synovus Financial will likely underperform. Additionally, synovus Financial Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Synovus Financial to move above the current price in 90 days from now is about 66.91 (This Synovus Financial Corp probability density function shows the probability of Synovus Stock to fall within a particular range of prices over 90 days) .
Synovus Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Synovus Financial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Synovus Financial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Synovus Financial's value.| Instituion | Recorded On | Shares | |
| Geode Capital Management, Llc | 2023-12-31 | 2.3 M | |
| Bank Of New York Mellon Corp | 2023-12-31 | 2.2 M | |
| Channing Capital Management, Llc | 2023-12-31 | 1.9 M | |
| Norges Bank | 2023-12-31 | 1.6 M | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.6 M | |
| First Trust Advisors L.p. | 2023-12-31 | 1.4 M | |
| American Century Companies Inc | 2023-12-31 | 1.3 M | |
| Ameriprise Financial Inc | 2023-12-31 | 1.1 M | |
| Northern Trust Corp | 2023-12-31 | 1.1 M | |
| Vanguard Group Inc | 2023-12-31 | 15.1 M | |
| Blackrock Inc | 2023-12-31 | 13.7 M |
Synovus Financial Historical Income Statement
Synovus Financial Corp Income Statement is one of the three primary financial statements used for reporting Synovus's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Synovus Financial Corp revenue and expense. Synovus Financial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Synovus Financial's Selling And Marketing Expenses is fairly stable compared to the past year. Reconciled Depreciation is likely to climb to about 84.1 M in 2024, whereas EBIT is likely to drop slightly above 580.3 M in 2024. View More FundamentalsSynovus Stock Against Markets
Picking the right benchmark for Synovus Financial stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Synovus Financial stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Synovus Financial is critical whether you are bullish or bearish towards Synovus Financial Corp at a given time. Please also check how Synovus Financial's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Synovus Financial without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Risk-Return AnalysisView associations between returns expected from investment and the risk you assume |
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Synovus Financial Corporate Directors
Synovus Financial corporate directors refer to members of a Synovus Financial board of directors. The board of directors generally takes responsibility for the Synovus Financial's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Synovus Financial's board members must vote for the resolution. The Synovus Financial board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Bob May | Sr. Director Investor Relations and Capital Management | Profile | |
| Teresa White | Independent Director | Profile | |
| Catherine Allen | Independent Director | Profile | |
| Diana Murphy | Independent Director | Profile |
How to buy Synovus Stock?
Before investing in Synovus Financial, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Synovus Financial. To buy Synovus Financial stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Synovus Financial. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Synovus Financial stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Synovus Financial Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Synovus Financial Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Synovus Financial Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Synovus Stock please use our How to Invest in Synovus Financial guide.
Already Invested in Synovus Financial Corp?
The danger of trading Synovus Financial Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Synovus Financial is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Synovus Financial. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Synovus Financial Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Synovus Financial Corp is a strong investment it is important to analyze Synovus Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Synovus Financial's future performance. For an informed investment choice regarding Synovus Stock, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synovus Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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When running Synovus Financial's price analysis, check to measure Synovus Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Synovus Financial is operating at the current time. Most of Synovus Financial's value examination focuses on studying past and present price action to predict the probability of Synovus Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synovus Financial's price. Additionally, you may evaluate how the addition of Synovus Financial to your portfolios can decrease your overall portfolio volatility.
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Is Synovus Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Synovus Financial. If investors know Synovus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Synovus Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.41) | Dividend Share 1.52 | Earnings Share 3.46 | Revenue Per Share 13.238 | Quarterly Revenue Growth (0.17) |
The market value of Synovus Financial Corp is measured differently than its book value, which is the value of Synovus that is recorded on the company's balance sheet. Investors also form their own opinion of Synovus Financial's value that differs from its market value or its book value, called intrinsic value, which is Synovus Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Synovus Financial's market value can be influenced by many factors that don't directly affect Synovus Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Synovus Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Synovus Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Synovus Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.