$0.92 EPS Expected for Synovus Financial Corp. (SNV)

September 15, 2018 - By Carolyn Hewitt

Synovus Financial Corp. (NYSE:SNV) Logo

Analysts expect Synovus Financial Corp. (NYSE:SNV) to report $0.92 EPS on October, 16.They anticipate $0.27 EPS change or 41.54 % from last quarter’s $0.65 EPS. SNV’s profit would be $107.96 million giving it 13.06 P/E if the $0.92 EPS is correct. After having $0.92 EPS previously, Synovus Financial Corp.’s analysts see 0.00 % EPS growth. The stock increased 0.35% or $0.17 during the last trading session, reaching $48.07. About 1.27 million shares traded. Synovus Financial Corp. (NYSE:SNV) has risen 11.73% since September 16, 2017 and is uptrending. It has underperformed by 3.89% the S&P500.

Synovus Financial Corp. (NYSE:SNV) Ratings Coverage

Among 9 analysts covering Synovus Financial (NYSE:SNV), 2 have Buy rating, 0 Sell and 7 Hold. Therefore 22% are positive. Synovus Financial had 9 analyst reports since April 9, 2018 according to SRatingsIntel. The rating was maintained by Barclays Capital with “Equal-Weight” on Wednesday, April 25. Stephens downgraded the shares of SNV in report on Tuesday, July 24 to “Equal-Weight” rating. Robert W. Baird maintained the stock with “Hold” rating in Tuesday, April 24 report. The rating was maintained by Wells Fargo with “Market Perform” on Wednesday, April 25. The stock has “Buy” rating by SunTrust on Tuesday, April 24. The rating was maintained by Sandler O’Neill on Tuesday, April 24 with “Buy”. Morgan Stanley maintained it with “Equal-Weight” rating and $56 target in Tuesday, July 31 report. The firm has “Neutral” rating by JP Morgan given on Thursday, April 26.

Synovus Financial Corp. operates as the bank holding firm for Synovus Bank that provides various financial services and products. The company has market cap of $5.64 billion. It offers integrated financial services, including commercial and retail banking, financial management, insurance, and mortgage services. It has a 17.46 P/E ratio. 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.

Synovus Financial Corp. (NYSE:SNV) Ratings Chart

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