EPS for Synovus Financial Corp. (SNV) Expected At $0.64

September 17, 2017 - By Stephen Andrade

 EPS for Synovus Financial Corp. (SNV) Expected At $0.64

Analysts expect Synovus Financial Corp. (NYSE:SNV) to report $0.64 EPS on October, 17.They anticipate $0.12 EPS change or 23.08 % from last quarter’s $0.52 EPS. SNV’s profit would be $77.81 million giving it 16.80 P/E if the $0.64 EPS is correct. After having $0.60 EPS previously, Synovus Financial Corp.’s analysts see 6.67 % EPS growth. The stock increased 0.66% or $0.28 on September 15, reaching $43.02. About 931,663 shares traded or 25.60% up from the average. Synovus Financial Corp. (NYSE:SNV) has risen 33.10% since September 17, 2016 and is uptrending. It has outperformed by 16.40% the S&P500.

Synovus Financial Corp. (NYSE:SNV) Ratings Coverage

Among 18 analysts covering Synovus Financial Corp. (NYSE:SNV), 7 have Buy rating, 1 Sell and 10 Hold. Therefore 39% are positive. Synovus Financial Corp. had 34 analyst reports since July 22, 2015 according to SRatingsIntel. Barclays Capital maintained the stock with “Equal-Weight” rating in Wednesday, July 19 report. Bank of America upgraded Synovus Financial Corp. (NYSE:SNV) on Thursday, May 11 to “Buy” rating. Wells Fargo initiated the shares of SNV in report on Monday, December 21 with “Market Perform” rating. On Wednesday, April 20 the stock rating was downgraded by Raymond James to “Market Perform”. The company was maintained on Friday, August 19 by Hovde Group. The firm has “Buy” rating given on Tuesday, August 15 by Stephens. The company was maintained on Thursday, September 7 by RBC Capital Markets. The firm has “Mkt Perform” rating by Keefe Bruyette & Woods given on Tuesday, November 29. Jefferies maintained Synovus Financial Corp. (NYSE:SNV) on Friday, August 11 with “Hold” rating. The rating was upgraded by Barclays Capital on Tuesday, December 6 to “Equal Weight”.

Synovus Financial Corp. is a financial services firm and a bank holding company. The company has market cap of $5.23 billion. The Firm provides integrated financial services, including commercial and retail banking, financial management, insurance and mortgage services, to its clients through locally branded banking divisions of its subsidiary bank, Synovus Bank , and other offices in Georgia, Alabama, South Carolina, Florida and Tennessee. It has a 19.53 P/E ratio. The Bank offers commercial banking services and retail banking services.

Another recent and important Synovus Financial Corp. (NYSE:SNV) news was published by Businesswire.com which published an article titled: “Synovus Announces Additions to Board of Directors” on August 22, 2017.

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