8 Analysts Have This To Say About Synovus Financial

In the latest quarter, 8 analysts provided ratings for Synovus Financial SNV, showcasing a mix of bullish and bearish perspectives.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 3 3 0 0
Last 30D 1 0 0 0 0
1M Ago 1 2 1 0 0
2M Ago 0 1 1 0 0
3M Ago 0 0 1 0 0

In the assessment of 12-month price targets, analysts unveil insights for Synovus Financial, presenting an average target of $54.12, a high estimate of $60.00, and a low estimate of $46.00. Experiencing a 11.48% decline, the current average is now lower than the previous average price target of $61.14.

Understanding Analyst Ratings: A Comprehensive Breakdown

The analysis of recent analyst actions sheds light on the perception of Synovus Financial by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
David Smith Truist Securities Announces Buy $56.00 -
Gary Tenner DA Davidson Lowers Buy $60.00 $65.00
Anthony Elian JP Morgan Lowers Overweight $50.00 $54.00
Karl Shepard RBC Capital Lowers Outperform $52.00 $64.00
Russell Gunther Stephens & Co. Lowers Equal-Weight $46.00 $52.00
Timur Braziler Wells Fargo Lowers Equal-Weight $50.00 $60.00
Jared Shaw Barclays Lowers Overweight $60.00 $66.00
Manan Gosalia Morgan Stanley Lowers Equal-Weight $59.00 $67.00

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 Financial. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Synovus Financial compared to the broader market.
  • Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Synovus Financial's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

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

Stay up to date on Synovus Financial analyst ratings.

Get to Know Synovus Financial 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.

Synovus Financial: Delving into Financials

Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.

Revenue Growth: Synovus Financial's revenue growth over a period of 3M has been noteworthy. As of 31 March, 2025, the company achieved a revenue growth rate of approximately 5.75%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 32.3%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): Synovus Financial's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 3.84%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): Synovus Financial's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.3%, the company showcases efficient use of assets and strong financial health.

Debt Management: Synovus Financial's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.43, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

The Significance of Analyst Ratings Explained

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

Which Stocks Are Analysts Recommending Now?

Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

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

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