Perhaps timely catching Synovus Financial Corp. (SNV) would be a good idea

With 1.39 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.4 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $46.1 whereas the lowest price it dropped to was $44.93. The 52-week range on SNV shows that it touched its highest point at $47.83 and its lowest point at $24.40 during that stretch. It currently has a 1-year price target of $50.37. With its current market cap of 6.56 billion, SNV has annualized dividend of $1.90 while the current yield stands at 4.17%. Beta for the stock currently stands at 1.41.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SNV was up-trending over the past week, with a rise of 4.30%, but this was up by 4.64% over a month. Three-month performance surged to 23.46% while six-month performance rose 18.08%. The stock gained 56.10% in the past year, while it has gained 21.06% so far this year. A look at the trailing 12-month EPS for SNV yields 1.63 with Next year EPS estimates of 4.58. For the next quarter, that number is 1.09. This implies an EPS growth rate of 1.95% for this year and 9.09% for next year. EPS is expected to decline by -1.40% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -0.04%.

Float and Shares Shorts:

At present, 146.71 million SNV shares are outstanding with a float of 143.10 million shares on hand for trading. On 2024-08-30, short shares totaled 5.15 million, which was 358.0 higher than short shares on 1722384000. In addition to Mr. Kevin S. Blair as the firm’s CEO, President & Chairman, Mr. Andrew Jamie Gregory Jr. serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.8761 of SNV’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SNV since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.