Critical Insights From Synovus Finl Analyst Ratings: What You Need To Know

In the latest quarter, 10 analysts provided ratings for Synovus Finl SNV, showcasing a mix of bullish and bearish perspectives.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

The 12-month price targets, analyzed by analysts, offer insights with an average target of $40.2, a high estimate of $46.00, and a low estimate of $31.00. Surpassing the previous average price target of $35.19, the current average has increased by 14.24%.

Interpreting Analyst Ratings: A Closer Look

An in-depth analysis of recent analyst actions unveils how financial experts perceive Synovus Finl. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Synovus Finl. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Synovus Finl compared to the broader market.
• Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Synovus Finl's stock. This comparison reveals trends in analysts' expectations over time.

To gain a panoramic view of Synovus Finl's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on Synovus Finl analyst ratings.

Get to Know Synovus Finl Better

Synovus Financial Corp provides commercial and consumer banking in addition to a full suite of specialized products & services such as private banking, treasury management, wealth management, mortgage services, premium finance, asset-based lending, structured lending, capital markets, & international banking to clients through the wholly-owned subsidiary bank, Synovus Bank, and other offices in Alabama, Florida, Georgia, South Carolina, and Tennessee. It has four segments Wholesale Banking, Community Banking, Consumer Banking, and Financial Management Services, out of which the majority is from the Wholesale banking segment.

Key Indicators: Synovus Finl's Financial Health

Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.

Revenue Challenges: Synovus Finl's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -5.39%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.

Net Margin: Synovus Finl's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 12.41%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Synovus Finl's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 1.41%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): Synovus Finl's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.1%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: Synovus Finl's debt-to-equity ratio is below the industry average. With a ratio of 0.42, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

The Core of Analyst Ratings: What Every Investor Should Know

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.