Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $50.41 in the prior trading day, Synovus Financial Corp (NYSE: SNV) closed at $49.68, down -1.45%. In other words, the price has decreased by -$1.45 from its previous closing price. On the day, 1.41 million shares were traded. SNV stock price reached its highest trading level at $51.395 during the session, while it also had its lowest trading level at $49.39.
Ratios:
Our goal is to gain a better understanding of SNV by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.38.
On December 09, 2024, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $64.
On October 10, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $53.Citigroup initiated its Buy rating on October 10, 2024, with a $53 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 27 ’24 when Howard Kevin Joseph bought 7,500 shares for $58.00 per share. The transaction valued at 435,000 led to the insider holds 53,990 shares of the business.
Howard Kevin Joseph sold 15,750 shares of SNV for $913,815 on Nov 27 ’24. The EVP, Chief Wholesale Bank. Off now owns 46,490 shares after completing the transaction at $58.02 per share. On Nov 27 ’24, another insider, Howard Kevin Joseph, who serves as the Officer of the company, bought 15,750 shares for $58.02 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SNV now has a Market Capitalization of 7037916672 and an Enterprise Value of 8000103424. As of this moment, Synovus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.50, and their Forward P/E ratio for the next fiscal year is 10.69. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.10 while its Price-to-Book (P/B) ratio in mrq is 1.46. Its current Enterprise Value per Revenue stands at 4.57.
Stock Price History:
Over the past 52 weeks, SNV has reached a high of $59.92, while it has fallen to a 52-week low of $33.44. The 50-Day Moving Average of the stock is -6.49%, while the 200-Day Moving Average is calculated to be 13.33%.
Shares Statistics:
The stock has traded on average 1.41M shares per day over the past 3-months and 1479410 shares per day over the last 10 days, according to various share statistics. A total of 142.00M shares are outstanding, with a floating share count of 140.80M. Insiders hold about 0.61% of the company’s shares, while institutions hold 85.94% stake in the company. Shares short for SNV as of 1732838400 were 2842370 with a Short Ratio of 2.01, compared to 1730332800 on 3827775. Therefore, it implies a Short% of Shares Outstanding of 2842370 and a Short% of Float of 2.26.
Dividends & Splits
In the trailing 12 months, SNV’s forward annual dividend rate was 1.52, compared to 1.90 this year. Against a Trailing Annual Dividend Yield of 0.03038177The stock’s 5-year Average Dividend Yield is 3.92.
