Synovus Financial Corp. (SNV) Analysts See $0.88 EPS

June 14, 2018 - By Robert Sims

Synovus Financial Corp. (NYSE:SNV) LogoInvestors sentiment decreased to 1 in 2018 Q1. Its down Infinity, from Infinity in 2017Q4. It is negative, as 0 investors sold Synovus Financial Corp. shares while 1 reduced holdings. 0 funds opened positions while 1 raised stakes. 44,454 shares or 36.24% less from 69,726 shares in 2017Q4 were reported.
Amer Research And Management Communication stated it has 32,400 shares or 0.28% of all its holdings. Kcm Investment Advsrs Limited Liability Corporation reported 12,054 shares stake.

Since February 1, 2018, it had 0 insider buys, and 3 selling transactions for $482,559 activity. 2,450 shares were sold by Gula Allen J, worth $123,039. 2,000 Synovus Financial Corp. (NYSE:SNV) shares with value of $108,720 were sold by Perry Curtis J.

Analysts expect Synovus Financial Corp. (NYSE:SNV) to report $0.88 EPS on July, 17.They anticipate $0.28 EPS change or 46.67 % from last quarter’s $0.6 EPS. SNV’s profit would be $104.41M giving it 15.83 P/E if the $0.88 EPS is correct. After having $0.86 EPS previously, Synovus Financial Corp.’s analysts see 2.33 % EPS growth. The stock decreased 0.54% or $0.3 during the last trading session, reaching $55.73. About 767,906 shares traded. Synovus Financial Corp. (NYSE:SNV) has risen 29.99% since June 15, 2017 and is uptrending. It has outperformed by 17.42% the S&P500.

Synovus Financial Corp. (NYSE:SNV) Ratings Coverage

Among 14 analysts covering Synovus (NYSE:SNV), 5 have Buy rating, 0 Sell and 9 Hold. Therefore 36% are positive. Synovus had 22 analyst reports since December 21, 2017 according to SRatingsIntel. The firm has “Buy” rating by Sandler O’Neill given on Tuesday, April 24. On Wednesday, April 25 the stock rating was maintained by Wells Fargo with “Market Perform”. As per Wednesday, January 24, the company rating was maintained by Stephens. SunTrust maintained it with “Buy” rating and $5900 target in Tuesday, April 24 report. The firm has “Hold” rating by Barclays Capital given on Tuesday, January 2. The stock has “Equal-Weight” rating by Morgan Stanley on Wednesday, March 7. The stock of Synovus Financial Corp. (NYSE:SNV) has “Hold” rating given on Tuesday, January 2 by Robert W. Baird. The stock of Synovus Financial Corp. (NYSE:SNV) earned “Buy” rating by RBC Capital Markets on Tuesday, January 23. The firm has “Hold” rating given on Monday, February 26 by Keefe Bruyette & Woods. The firm earned “Hold” rating on Tuesday, January 23 by Hovde Group.

Synovus Financial Corp. operates as the bank holding firm for Synovus Bank that provides various financial services and products. The company has market cap of $6.61 billion. It offers integrated financial services, including commercial and retail banking, financial management, insurance, and mortgage services. It has a 25.68 P/E ratio. The companyÂ’s commercial banking services comprise cash management, asset management, capital market, and institutional trust services, as well as commercial, financial, and real estate loans.

More news for Synovus Financial Corp. (NYSE:SNV) were recently published by: Businesswire.com, which released: “Synovus Announces Commencement of $150 Million Preferred Stock Public Offering” on June 12, 2018. Bizjournals.com‘s article titled: “Gun-control advocates target Bank of America on Remington deal after Santa Fe shooting” and published on May 24, 2018 is yet another important article.

Synovus Financial Corp. (NYSE:SNV) Ratings Chart

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