With 1.08 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 $52.28 whereas the lowest price it dropped to was $50.75. The 52-week range on SNV shows that it touched its highest point at $59.92 and its lowest point at $33.44 during that stretch. It currently has a 1-year price target of $61.88. With its current market cap of 7.20 billion, SNV has annualized dividend of $1.52 while the current yield stands at 2.99%. SNV paid its most recent dividend on 1734566400, while the ex-dividend date for that was 1734566400. 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 down-trending over the past week, with a drop of -1.07%, but this was down by -10.29% over a month. Three-month performance surged to 19.54% while six-month performance rose 26.03%. The stock gained 35.50% in the past year, while it has lost -0.76% so far this year. A look at the trailing 12-month EPS for SNV yields 2.21 with Next year EPS estimates of 4.65. For the next quarter, that number is 1.15. This implies an EPS growth rate of 5.99% for this year and 6.47% for next year. EPS is expected to grow by 6.35% 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, 142.00 million SNV shares are outstanding with a float of 140.80 million shares on hand for trading. On 2024-12-13, short shares totaled 2.94 million, which was 208.0 higher than short shares on 1731628800. 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 0.87172997 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 9 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SNV analysts setting a high price target of 67.0 and a low target of 51.0, the average target price over the next 12 months is 60.52941. Based on these targets, SNV could surge 31.79% to reach the target high and rise by 0.31% to reach the target low. Reaching the average price target will result in a growth of 19.06% from current levels.
Analysts have provided yearly estimates in a range of $4.40679 being high and $4.29687 being low. For SNV, this leads to a yearly average estimate of $4.36682. Based on analyst estimates, the high estimate for the next quarter is $1.14 and the low estimate is $0.99. The average estimate for the next quarter is thus $1.07.
