Synovus Financial Corp. (SNV) Earns Daily Media Impact Score of 0.11

News articles about Synovus Financial Corp. (NYSE:SNV) have trended somewhat positive recently, according to Accern. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Synovus Financial Corp. earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave news articles about the bank an impact score of 45.5394341535226 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the media stories that may have effected Accern Sentiment’s analysis:

SNV has been the topic of a number of analyst reports. Robert W. Baird reiterated a “hold” rating and issued a $40.00 price target on shares of Synovus Financial Corp. in a research report on Friday, August 25th. Zacks Investment Research downgraded shares of Synovus Financial Corp. from a “buy” rating to a “hold” rating in a research report on Thursday, September 14th. BidaskClub downgraded shares of Synovus Financial Corp. from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $42.00 price target (up from $41.00) on shares of Synovus Financial Corp. in a research report on Saturday, September 16th. Finally, Stephens set a $46.00 price target on shares of Synovus Financial Corp. and gave the company a “buy” rating in a research report on Tuesday, August 15th. One analyst has rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $45.36.

Shares of Synovus Financial Corp. (NYSE SNV) opened at $46.21 on Wednesday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.99 and a current ratio of 0.99. The company has a market cap of $5,455.85, a P/E ratio of 19.34, a price-to-earnings-growth ratio of 2.30 and a beta of 1.13. Synovus Financial Corp. has a fifty-two week low of $37.55 and a fifty-two week high of $47.67.

Synovus Financial Corp. (NYSE:SNV) last posted its quarterly earnings data on Tuesday, October 17th. The bank reported $0.65 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.64 by $0.01. Synovus Financial Corp. had a net margin of 21.39% and a return on equity of 10.44%. The company had revenue of $398.01 million for the quarter, compared to the consensus estimate of $331.27 million. During the same period last year, the company earned $0.65 earnings per share. equities analysts anticipate that Synovus Financial Corp. will post 2.48 earnings per share for the current fiscal year.

In other news, COO Allen J. Gula sold 2,125 shares of Synovus Financial Corp. stock in a transaction that occurred on Friday, October 27th. The shares were sold at an average price of $47.11, for a total value of $100,108.75. Following the sale, the chief operating officer now directly owns 72,561 shares in the company, valued at $3,418,348.71. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP R Dallis Copeland, Jr. sold 10,000 shares of Synovus Financial Corp. stock in a transaction that occurred on Thursday, October 19th. The shares were sold at an average price of $46.29, for a total transaction of $462,900.00. Following the completion of the sale, the executive vice president now owns 43,488 shares in the company, valued at $2,013,059.52. The disclosure for this sale can be found here. 1.50% of the stock is owned by company insiders.

COPYRIGHT VIOLATION NOTICE: This piece of content was originally reported by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of United States & international copyright legislation. The legal version of this piece of content can be read at https://www.chaffeybreeze.com/2017/11/15/synovus-financial-corp-snv-earns-daily-media-impact-score-of-0-11.html.

Synovus Financial Corp. Company Profile

Synovus Financial Corp. is a financial services company and a bank holding company. The Company provides integrated financial services, including commercial and retail banking, financial management, insurance and mortgage services, to its customers through locally branded banking divisions of its subsidiary bank, Synovus Bank (the Bank), and other offices in Georgia, Alabama, South Carolina, Florida and Tennessee.

Insider Buying and Selling by Quarter for Synovus Financial Corp. (NYSE:SNV)

Receive News & Ratings for Synovus Financial Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Synovus Financial Corp. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply