On Tuesday, Synovus Financial Corp (NYSE: SNV) was 0.69% up from the session before settling in for the closing price of $43.51. A 52-week range for SNV has been $35.74 – $59.92.
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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 8.72%. When this article was written, the company’s average yearly earnings per share was at 14.40%. With a float of $138.24 million, this company’s outstanding shares have now reached $139.21 million.
The extent of productivity of a business whose workforce counts for 4775 workers is very important to gauge. In terms of profitability, gross margin is 87.13%, operating margin of 20.67%, and the pretax margin is 31.4%.
Synovus Financial Corp (SNV) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Synovus Financial Corp stocks. The insider ownership of Synovus Financial Corp is 0.70%, while institutional ownership is 87.02%. The most recent insider transaction that took place on Jan 28 ’25, was worth 92,450. In this transaction EVP, Corp. & Inv. Banking of this company bought 1,680 shares at a rate of $55.03, taking the stock ownership to the 13,471 shares. Before that another transaction happened on Jan 28 ’25, when Company’s EVP, Corp. & Inv. Banking sold 1,680 for $55.03, making the entire transaction worth $92,450. This insider now owns 11,791 shares in total.
Synovus Financial Corp (SNV) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.26 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 14.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.49% during the next five years compared to -2.64% drop over the previous five years of trading.
Synovus Financial Corp (NYSE: SNV) Trading Performance Indicators
You can see what Synovus Financial Corp (SNV) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.79. Likewise, its price to free cash flow for the trailing twelve months is 7.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.57, a number that is poised to hit 1.24 in the next quarter and is forecasted to reach 5.41 in one year’s time.
Technical Analysis of Synovus Financial Corp (SNV)
The latest stats from [Synovus Financial Corp, SNV] show that its last 5-days average volume of 1.03 million was inferior to 1.6 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 75.90%. Additionally, its Average True Range was 2.05.
During the past 100 days, Synovus Financial Corp’s (SNV) raw stochastic average was set at 36.50%, which indicates a significant decrease from 88.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 62.26% in the past 14 days, which was higher than the 45.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $45.81, while its 200-day Moving Average is $48.59. Now, the first resistance to watch is $44.38. This is followed by the second major resistance level at $44.96. The third major resistance level sits at $45.79. If the price goes on to break the first support level at $42.97, it is likely to go to the next support level at $42.14. The third support level lies at $41.56 if the price breaches the second support level.
Synovus Financial Corp (NYSE: SNV) Key Stats
There are 140,969K outstanding shares of the company, which has a market capitalization of 6.10 billion. As of now, sales total 3,433 M while income totals 482,460 K. Its latest quarter income was 883,230 K while its last quarter net income were 195,010 K.