Anticipated $0.88 EPS for Synovus Financial Corp. (SNV) on July, 17

June 27, 2018 - By Sarah Harris

Synovus Financial Corp. (NYSE:SNV) Corporate Logo
During 2018 Q1 the big money sentiment decreased to 1. That’s change of Infinity, from 2017Q4’s Infinity. 0 investors sold all, 1 reduced holdings as Synovus Financial Corp. ratio dived. 1 grew positions while 0 funds bought positions. Funds hold 44,454 shares thus 36.24% less from 2017Q4’s 69,726 shares.
Kcm Invest Advsr Ltd Com reported 12,054 shs. And Communications stated it has 32,400 shs.

Synovus Financial Corp. had 3 insider sales and 8 buys since February 1, 2018. This’s net activity of $417,441. On Thursday, June 21 Allen Catherine A had bought 4,000 shs worth $100,000. Another trade for 10,000 shs valued at $250,000 was made by TOMLINSON PHILIP W on Thursday, June 21. $100,000 worth of Synovus Financial Corp. (NYSE:SNV) shs were bought by HOLLADAY MARK G. 2,450 Synovus Financial Corp. (NYSE:SNV) shs with value of $123,039 were sold by Gula Allen J. On Thursday, June 21 BUTLER STEPHEN T also bought $50,000 worth of Synovus Financial Corp. (NYSE:SNV). Perry Curtis J had sold 2,000 shs worth $108,720 on Wednesday, May 16.

Investors expect Synovus Financial Corp. (NYSE:SNV)’s quarterly earnings on July, 17., according to RTT. Analysts have anticipation on stock’s earnings per share of $0.88. That’s up 46.67 % from last year’s $0.6 earnings per share. SNV’s profit could hit $104.41M with 15.34 P/E in case $0.88 earnings per share is published. After $0.86 EPS report previous quarter, Wall Street now forecasts 2.33 % EPS growth of Synovus Financial Corp.. SNV hit $54 during the last trading session after $0.1 change.Currently Synovus Financial Corp. is uptrending after 29.99% change in last June 27, 2017. SNV has also 69,554 shares volume. SNV outperformed by 17.42% the S&P 500.

Synovus Financial Corp. (NYSE:SNV) Ratings Coverage

In total 14 analysts cover Synovus (NYSE:SNV). “Buy” rating has 5, “Sell” are 0, while 9 are “Hold”. (NYSE:SNV) has 36% bullish analysts. 21 are the (NYSE:SNV)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. The company rating was maintained by Barclays Capital on Wednesday, April 25. On Wednesday, January 24 the company was maintained by Barclays Capital. The stock rating was maintained by JP Morgan with “Neutral” on Thursday, April 26. On Tuesday, January 23 the firm earned “Hold” rating by Hovde Group. On Friday, January 26 the firm earned “Underperform” rating by Morgan Stanley. On Tuesday, January 2 Barclays Capital maintained the shares of SNV in report with “Hold” rating. On Tuesday, January 2 the firm earned “Hold” rating by Robert W. Baird. On Wednesday, January 24 Bank of America maintained Synovus Financial Corp. (NYSE:SNV) with “Buy” rating. On Tuesday, January 23 the stock of Synovus Financial Corp. (NYSE:SNV) has “Buy” rating given by RBC Capital Markets. In Wednesday, April 25 report Wells Fargo maintained it with “Market Perform” rating and $55 target.

Synovus Financial Corp. operates as the bank holding firm for Synovus Bank that provides various financial services and products.The firm is worth $6.41 billion. It offers integrated financial services, including commercial and retail banking, financial management, insurance, and mortgage services.The P/E ratio is 22.09. 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.

There’s a significant Synovus Financial Corp. (NYSE:SNV) news announced by Bizjournals.com. It’s an item titled: “$10.5M funding deal creates jobs, focus on future workforce in Bradenton” on June 22, 2018.

Synovus Financial Corp. (NYSE:SNV) Analyst Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.