Synovus Financial Corp. (SNV) Stock Forecast & Predictions

Synovus Financial Corp. SNV: $44.47

1111 Bay Ave Ste 500, Columbus, Georgia, US. | Sector: Finance and Insurance | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: www.synovus.com

  • Market Cap$6.58B
  • Change (52 Weeks)116.98%
  • Low (52 Weeks)$17.01
  • Synovus Financial Corp. (SNV) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 18.75% on Sell, and 50.00% Neutral.

    According to the market data, Synovus Financial Corp. (SNV) stock price is $44.47 and the 52 weeks low is $17.01, which means the Synovus Financial Corp. stock price is up 116.98% in the last 12 months.

    Synovus Financial Corp. (SNV) Stock Price has been Trending Strongly with an ADX reading of 35.99 as per the Weekly Chart.

    A Upward trend indicates that Synovus Financial Corp. (SNV) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that SNV Stock price might rise further, 18.75% indicating that SNV Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall SNV stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Synovus Financial Corp. (SNV) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Synovus Financial Corp. (SNV) is based on 22 Institutional Analyst Ratings where 59.09% are on Strong Buy, 22.73% on Moderate Buy, 18.18% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 22 Institutional Analysts, majority recommended SNV stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Synovus Financial Corp..

    Synovus Financial Corp. (SNV) Stock Price Prediction By Analysts


    HighLowAverage
    $61.95$48.48$54.67
    $54.6722.94% Upside
    Updated: 2021-06-18 00:00:00

    The Average Price target for SNV set by the institutional analysts is $54.67 where High Estimate is $61.95, Median $54.06 and Low $48.48.

    The average price target for SNV by Institutional Analysts is $54.67, which is 22.94% Upside from the current price. So according to the Institutional Analysts, SNV Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Synovus Financial Corp. (SNV) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 434,839 investor portfolio.

    Our algorithm has analysed 434,839 investor portfolio with SNV stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about SNV and holding their positions hoping for a further rise in the stock price and more profit.

    Synovus Financial Corp. (SNV) Stock Forecast Based on News Sentiment


    Neutral
    Based on 2 articles published Last Week, where 50.00% are Bullish and 50.00% are Bearish.

    According to the news articles published last week, journalists and bloggers had a mixed sentiment of SNV consisting of positive and negative, it shows that Synovus Financial Corp. had a neutral news coverage.

    Neutral news coverage usually doesn't affect short-term price of a stock, so SNV stock price most likey won't have any reaction to last weeks news coverage.

    Synovus Financial Corp. (SNV) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Morgan StanleyOverweightMaintained
    Raymond JamesOutperformMaintained
    Seaport GlobalBuyInitiated
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Raymond JamesOutperformMaintained
    Morgan StanleyOverweightMaintained
    JefferiesBuyUpgraded
    RBC CapitalOutperformUpgraded
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Stephens & Co.OverweightUpgraded
    Morgan StanleyOverweightMaintained
    RBC CapitalSector PerformUpgraded
    RBC CapitalUnderperformDowngraded
    Morgan StanleyOverweightMaintained
    Raymond JamesOutperformMaintained
    Morgan StanleyOverweightMaintained
    SunTrust Robinson HumphreyBuyMaintained
    Morgan StanleyOverweightMaintained
    Wells FargoOverweightUpgraded
    Morgan StanleyOverweightMaintained
    Raymond JamesOutperformDowngraded
    BairdOutperformMaintained
    SunTrust Robinson HumphreyBuyMaintained
    Morgan StanleyOverweightMaintained
    Evercore ISI GroupIn-LineDowngraded
    SunTrust Robinson HumphreyBuyMaintained
    DA DavidsonBuyInitiated
    RBC CapitalOutperformInitiated
    Raymond JamesStrong BuyMaintained
    Raymond JamesStrong BuyUpgraded
    PiperJaffrayOverweightUpgraded
    BarclaysOverweightUpgraded
    BairdOutperformUpgraded
    Morgan StanleyOverweightUpgraded
    Keefe Bruyette & WoodsOutperformUpgraded
    BarclaysEqual-WeightMaintained
    BarclaysEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    Stephens & Co.Equal-WeightDowngraded
    Morgan StanleyEqual-WeightMaintained
    JP MorganNeutralMaintained
    Wells FargoMarket PerformMaintained
    BarclaysEqual-WeightMaintained
    PiperJaffrayNeutralInitiated
    Morgan StanleyEqual-WeightUpgraded
    Morgan StanleyUnderperformMaintained
    BarclaysEqual-WeightMaintained
    Bank of AmericaBuyMaintained
    BarclaysEqual-WeightMaintained
    BarclaysEqual-WeightMaintained
    RBC CapitalOutperformInitiated
    Bank of AmericaBuyUpgraded
    BarclaysEqual-WeightUpgraded
    Keefe Bruyette & WoodsMarket PerformDowngraded
    Compass PointNeutralDowngraded
    CLSAOutperformMaintained
    Wells FargoUnderperformDowngraded
    BarclaysUnderweightMaintained
    JP MorganNeutralMaintained
    Bank of AmericaNeutralDowngraded
    Raymond JamesMarket PerformDowngraded
    JP MorganNeutralMaintained
    Morgan StanleyUnderperformDowngraded
    Wells FargoMarket PerformInitiated
    BarclaysUnderweightMaintained
    SunTrust Robinson HumphreyBuyMaintained
    Keefe Bruyette & WoodsOutperformMaintained
    BarclaysUnderweightMaintained
    BarclaysUnderweightMaintained
    Stephens & Co.OverweightMaintained
    BarclaysUnderweightMaintained
    Raymond JamesOutperformDowngraded
    Keefe Bruyette & WoodsOutperformMaintained
    BarclaysUnderweightMaintained
    JefferiesHoldMaintained
    JP MorganNeutralMaintained
    Raymond JamesOutperformUpgraded
    Keefe, Bruyette & WoodsOutperformUpgraded
    BarclaysUnderweightMaintained
    Compass PointBuyMaintained
    Morgan StanleyEqual-weightUpgraded
    Compass PointBuyMaintained
    Compass PointBuyMaintained
    Keefe Bruyette & WoodsMarket PerformDowngraded
    ISI GroupNeutralInitiated
    Drexel HamiltonHoldDowngraded
    JefferiesHoldMaintained
    Compass PointBuyUpgraded
    Goldman SachsSellDowngraded
    Bank of AmericaBuyUpgraded
    Compass PointNeutralMaintained
    Sterne AgeeNeutralMaintained
    BernsteinMarket PerformDowngraded
    Morgan StanleyUnderweightDowngraded
    Keefe Bruyette & WoodsOutperformUpgraded
    FIG PartnersMarket PerformUpgraded
    Goldman SachsNeutralMaintained
    JefferiesHoldMaintained
    FIG PartnersMarket PerformUpgraded
    GuggenheimNeutralMaintained
    Credit SuisseNeutralDowngraded

    Synovus Financial Corp. (SNV) Stock Earning Per Share (EPS) Forecast / Estimate


    $1.028
    The average consensus EPS for SNV is $1.028 with a high estimate of $1.250 and Low of $0.862 for the period 2021-09-30 and based on 17 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $1.21$0.93132100000000012021-03-31


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$1.04766292021-06-30
    $1.21$0.93132100000000012021-03-31
    $1.08$0.80668699999999992020-12-31
    $0.89$0.53014900000000012020-09-30
    $0.23$0.0552472020-06-30
    $0.21$0.5752962020-03-31
    $0.94$0.9779832019-12-31
    $0.97$1.0052532019-09-30
    $1$1.0035362019-06-30
    $0.72$0.9007182019-03-31
    $0.87$0.94121899999999992018-12-31
    $0.88$0.9285942018-09-30
    $0.91$0.8893052018-06-30
    $0.84$0.79103200000000012018-03-31
    $0.7$0.6778112017-12-31
    $0.58$0.6520562017-09-30
    $0.61$0.59690999999999992017-06-30
    $0.56$0.514092017-03-31
    $0.54$0.53600699999999992016-12-31
    $0.51$0.507022016-09-30
    $0.46$0.4743972016-06-30
    $0.41$0.4450062016-03-31
    $0.44$0.4352092015-12-31
    $0.42$0.4234932015-09-30
    $0.4$0.395717999999999962015-06-30
    $0.38$0.364612015-03-31
    $0.37$0.3602672014-12-31
    $0.37$0.3690542014-09-30
    $0.32$0.358247000000000042014-06-30
    $0.28$0.3277452014-03-31
    $0.35$0.3305732013-12-31
    $0.28$0.2920922013-09-30
    $0.21$0.1881632013-06-30
    $0.14$0.146551000000000012013-03-31
    $-0.7$-0.6995262012-12-31
    $0.14$0.1793762012-09-30
    $0.21$0.1445312012-06-30
    $0.168$0.0875672012-03-31
    $0.07$0.0156552011-12-31
    $0.14$-0.2426022011-09-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).