Synovus Financial Corp. (SNV)
NYSE: SNV · IEX Real-Time Price · USD
36.31
-0.51 (-1.39%)
Apr 25, 2024, 11:56 AM EDT - Market open
Synovus Financial Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for Synovus Financial stock have an average target of 40.78, with a low estimate of 33 and a high estimate of 48. The average target predicts an increase of 12.31% from the current stock price of 36.31.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for SNV stock from 19 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 6 | 6 | 6 | 7 |
| Buy | 4 | 4 | 4 | 4 | 4 | 5 |
| Hold | 2 | 3 | 4 | 4 | 5 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 11 | 14 | 14 | 15 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $37 | Hold | Maintains | $37 | +1.90% | Apr 22, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $45 → $39 | Strong Buy | Maintains | $45 → $39 | +7.41% | Apr 22, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $46 → $41 | Hold | Maintains | $46 → $41 | +12.92% | Apr 22, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy → Hold Downgrades $46 → $38 | Buy → Hold | Downgrades | $46 → $38 | +4.65% | Apr 22, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $46 → $42 | Buy | Maintains | $46 → $42 | +15.67% | Apr 19, 2024 |
Financial Forecast
Revenue This Year
2.25B
from 2.03B
Increased by 10.80%
Revenue Next Year
2.37B
from 2.25B
Increased by 5.24%
EPS This Year
4.08
from 3.46
Increased by 17.87%
EPS Next Year
4.50
from 4.08
Increased by 10.28%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.4B | 2.5B | 2.8B |
| Avg | 2.3B | 2.4B | 2.6B |
| Low | 2.2B | 2.2B | 2.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 16.7% | 12.9% | 16.5% |
| Avg | 10.8% | 5.2% | 8.4% |
| Low | 5.9% | -0.2% | 1.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.50 | 5.11 | 6.29 |
| Avg | 4.08 | 4.50 | 5.54 |
| Low | 3.29 | 4.17 | 4.75 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 30.0% | 25.4% | 39.8% |
| Avg | 17.9% | 10.3% | 23.1% |
| Low | -4.8% | 2.1% | 5.7% |
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.