While Synovus Financial Corp has overperformed by 1.80%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, SNV rose by 20.86%, with highs and lows ranging from $59.92 to $35.81, whereas the simple moving average fell by -9.26% in the last 200 days.
On April 02, 2025, Raymond James Downgraded Synovus Financial Corp (NYSE: SNV) to Mkt Perform. Deutsche Bank also rated SNV shares as ‘Buy’, setting a target price of $64 on the company’s shares in an initiating report dated December 09, 2024. Citigroup Initiated an Buy rating on October 10, 2024, and assigned a price target of $53. Wells Fargo October 01, 2024d its ‘Overweight’ rating to ‘Equal Weight’ for SNV, as published in its report on October 01, 2024. Raymond James’s report from September 17, 2024 suggests a price prediction of $49 for SNV shares, giving the stock a ‘Outperform’ rating. Barclays also rated the stock as ‘Overweight’.
Analysis of Synovus Financial Corp (SNV)
The current dividend for SNV investors is set at $1.53 per share, indicating investors will get a return regardless of how the company performs over the next quarter. Further, the quarter-over-quarter decrease in sales is -1.88%, showing a negative trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Synovus Financial Corp’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 10.63% is sufficient for you to turn a profit off your investment.
As an indicator of volatility for any stock, average volume can also be very valuable, and SNV is recording an average volume of 1.64M. On a monthly basis, the volatility of the stock is set at 5.67%, whereas on a weekly basis, it is put at 2.81%, with a gain of 1.80% over the past seven days. Furthermore, long-term investors anticipate a median target price of $54.18, showing growth from the present price of $44.10, which can serve as yet another indication of whether SNV is worth investing in or should be passed over.
How Do You Analyze Synovus Financial Corp Shares?
Synovus Financial Corp (SNV) is based in the USA and is one of the most prominent companies operating in the Banks – Regional market. When comparing Synovus Financial Corp shares with other companies under Financial, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 12.36, there is a growth in quarterly earnings of 66.58%.
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.70%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 87.05% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
SNV shares are owned by institutional investors to the tune of 87.05% at present.
