The Analyst Landscape: 8 Takes On Synovus Finl

Synovus Finl SNV has been analyzed by 8 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $37.88, with a high estimate of $46.00 and a low estimate of $31.00. Witnessing a positive shift, the current average has risen by 11.77% from the previous average price target of $33.89.

Analyzing Analyst Ratings: A Detailed Breakdown

The perception of Synovus Finl by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Synovus Finl. This information offers a snapshot of how analysts perceive the current state of the company.
• Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Synovus Finl compared to the broader market.
• Price Targets: Delving into movements, analysts provide estimates for the future value of Synovus Finl's stock. This analysis reveals shifts in analysts' expectations over time.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Synovus Finl's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Synovus Finl analyst ratings.

Unveiling the Story Behind Synovus Finl

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.

Synovus Finl: Delving into Financials

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.

Negative Revenue Trend: Examining Synovus Finl's financials over 3 months reveals challenges. As of 30 September, 2023, the company experienced a decline of approximately -11.28% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.

Net Margin: Synovus Finl's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 16.93%, the company may encounter challenges in effective cost control.

Return on Equity (ROE): Synovus Finl's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 2.12%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): Synovus Finl's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.15%, the company may face hurdles in achieving optimal financial returns.

Debt Management: Synovus Finl's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.68, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

The Basics of Analyst Ratings

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

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