Synovus Financial Corp. (SNV)
NYSE: SNV · IEX Real-Time Price · USD
45.09
+0.10 (0.22%)
Jul 19, 2024, 4:00 PM EDT - Market closed
Synovus Financial Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Synovus Financial stock have an average target of 44.82, with a low estimate of 33 and a high estimate of 55. The average target predicts a decrease of -0.60% from the current stock price of 45.09.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for SNV stock from 18 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 7 | 6 | 6 | 6 |
| Buy | 4 | 4 | 5 | 5 | 6 | 6 |
| Hold | 4 | 5 | 7 | 7 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 15 | 19 | 18 | 18 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $45 → $49 | Buy | Maintains | $45 → $49 | +8.67% | Jul 19, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $47 → $55 | Strong Buy | Maintains | $47 → $55 | +21.98% | Jul 19, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $44 → $50 | Strong Buy | Maintains | $44 → $50 | +10.89% | Jul 19, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Maintains $43 → $46 | Hold | Maintains | $43 → $46 | +2.02% | Jul 19, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $42 → $53 | Buy | Maintains | $42 → $53 | +17.54% | Jul 19, 2024 |
Financial Forecast
Revenue This Year
2.15B
from 2.03B
Increased by 5.78%
Revenue Next Year
2.36B
from 2.15B
Increased by 9.77%
EPS This Year
3.86
from 3.46
Increased by 11.70%
EPS Next Year
4.49
from 3.86
Increased by 16.13%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.4B | 2.5B | 2.8B |
| Avg | 2.1B | 2.4B | 2.5B |
| Low | 1.9B | 2.2B | 2.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 16.3% | 18.2% | 17.5% |
| Avg | 5.8% | 9.8% | 6.6% |
| Low | -6.1% | 3.6% | -0.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.26 | 4.99 | 6.33 |
| Avg | 3.86 | 4.49 | 5.15 |
| Low | 3.36 | 4.12 | 4.22 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 23.2% | 29.0% | 41.1% |
| Avg | 11.7% | 16.1% | 14.7% |
| Low | -2.8% | 6.5% | -5.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.