Synovus Financial Corp. (SNV) EPS Estimated At $0.88

June 13, 2018 - By Hazel Jackson

Synovus Financial Corp. (NYSE:SNV) LogoInvestors sentiment decreased to 1 in 2018 Q1. Its down Infinity, from Infinity in 2017Q4. It dropped, 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.
Kcm Investment Advisors Ltd Limited Liability Company accumulated 12,054 shares. Management Co reported 0.28% stake.

Since February 1, 2018, it had 0 insider buys, and 3 insider sales for $482,559 activity. $123,039 worth of stock was sold by Gula Allen J on Thursday, February 1. Another trade for 2,000 shares valued at $108,720 was 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 $104.40M giving it 15.92 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 0.46% or $0.26 during the last trading session, reaching $56.03. About 776,165 shares traded. Synovus Financial Corp. (NYSE:SNV) has risen 29.99% since June 13, 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. Sandler O’Neill maintained the shares of SNV in report on Tuesday, January 23 with “Buy” rating. The rating was maintained by Sandler O’Neill on Tuesday, April 24 with “Buy”. The stock of Synovus Financial Corp. (NYSE:SNV) has “Buy” rating given on Tuesday, January 23 by RBC Capital Markets. The stock of Synovus Financial Corp. (NYSE:SNV) has “Buy” rating given on Tuesday, January 23 by SunTrust. Morgan Stanley maintained Synovus Financial Corp. (NYSE:SNV) rating on Friday, January 26. Morgan Stanley has “Underperform” rating and $52 target. The firm has “Hold” rating by Jefferies given on Monday, January 8. The rating was upgraded by Morgan Stanley to “Equal-Weight” on Wednesday, March 7. The company was maintained on Wednesday, April 25 by Barclays Capital. Barclays Capital maintained it with “Hold” rating and $53.0 target in Tuesday, January 2 report. The company was maintained on Tuesday, January 2 by Robert W. Baird.

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 $6.65 billion. It offers integrated financial services, including commercial and retail banking, financial management, insurance, and mortgage services. It has a 25.82 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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