Synovus Financial (SNV) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

SNV Stock Forecast


Synovus Financial stock forecast is as follows: an average price target of $49.89 (represents a 11.81% upside from SNV’s last price of $44.62) and a rating consensus of 'Buy', based on 12 wall street analysts offering a 1-year stock forecast.

SNV Price Target


The average price target for Synovus Financial (SNV) is $49.89 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $57.00 to $40.00. This represents a potential 11.81% upside from SNV's last price of $44.62.

SNV Analyst Ratings


Buy

According to 12 Wall Street analysts, Synovus Financial's rating consensus is 'Buy'. The analyst rating breakdown for SNV stock is 0 'Strong Buy' (0.00%), 7 'Buy' (58.33%), 5 'Hold' (41.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Synovus Financial Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 05, 2024Manan GosaliaMorgan Stanley$51.00$41.9721.52%14.30%
Jul 19, 2024Kevin FitzsimmonsD.A. Davidson$55.00$45.0921.98%23.26%
Jul 19, 2024Jennifer DembaTruist Financial$50.00$45.0910.89%12.06%
Jul 19, 2024Stephen ScoutenPiper Sandler$53.00$44.9917.80%18.78%
Jul 19, 2024Jared ShawBarclays$47.00$44.994.47%5.33%
Jun 24, 2024Jared ShawBarclays$46.00$38.6219.12%3.09%
May 07, 2024Gary TennerD.A. Davidson$47.00$38.8520.96%5.33%
Apr 19, 2024Brad MilsapsPiper Sandler$42.00$34.5521.56%-5.87%
Apr 19, 2024Gary TennerD.A. Davidson$43.00$34.5224.55%-3.63%
Apr 19, 2024Jon ArfstromRBC Capital$41.00$33.9020.94%-8.11%
Row per page
Go to

The latest Synovus Financial stock forecast, released on Aug 05, 2024 by Manan Gosalia from Morgan Stanley, set a price target of $51.00, which represents a 21.52% increase from the stock price at the time of the forecast ($41.97), and a 14.30% increase from SNV last price ($44.62).

Synovus Financial Price Target by Period


1M3M12M
# Anlaysts-613
Avg Price Target-$50.33$46.46
Last Closing Price$44.62$44.62$44.62
Upside/Downside-100.00%12.80%4.12%

In the current month, the average price target of Synovus Financial stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Synovus Financial's last price of $44.62. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Jul 22, 2024Keefe, Bruyette & WoodsMarket PerformMarket PerformHold
Jul 22, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Jul 19, 2024Wells FargoMarket PerformMarket PerformHold
Jul 19, 2024Truist FinancialBuyBuyHold
Jul 19, 2024Piper SandlerOverweightOverweightHold
Jul 19, 2024StephensEqual-WeightEqual-WeightHold
Jul 19, 2024BarclaysOverweightOverweightHold
Jul 03, 2024JefferiesBuyBuyHold
Jun 24, 2024Wells FargoMarket PerformMarket PerformHold
Jun 24, 2024Truist FinancialUnderperformUnderperformHold
Row per page
Go to

Synovus Financial's last stock rating was published by Keefe, Bruyette & Woods on Jul 22, 2024. The company gave SNV a "Market Perform" rating, the same as its previous rate.

Synovus Financial Financial Forecast


Synovus Financial Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$443.21M$519.34M$565.45M$584.00M$603.78M$582.22M-$497.58M$509.38M$499.87M$488.95M$484.81M$500.69M$491.40M$550.05M$477.12M$497.22M$490.86M
Avg Forecast$694.51M$692.27M$690.04M$687.82M$603.27M$592.08M$579.84M$570.07M$572.91M$565.18M$542.18M$547.62M$519.52M$539.16M$569.87M$594.15M$599.57M$570.65M$519.44M$499.08M$492.62M$488.52M$487.70M$486.73M$483.06M$467.88M$445.07M$458.66M$483.85M$487.16M
High Forecast$707.98M$705.70M$703.42M$701.16M$614.97M$603.56M$591.09M$581.12M$584.02M$569.58M$552.69M$558.24M$544.82M$549.62M$580.92M$605.67M$611.19M$581.72M$519.44M$509.19M$502.60M$498.41M$497.58M$496.59M$492.85M$477.36M$454.09M$467.95M$493.65M$497.03M
Low Forecast$678.43M$676.24M$674.06M$671.89M$589.30M$578.36M$566.41M$556.86M$559.64M$560.31M$529.62M$534.94M$460.83M$526.67M$556.67M$580.39M$585.68M$557.43M$519.44M$489.46M$483.12M$479.10M$478.30M$477.35M$473.75M$458.86M$436.49M$449.81M$474.52M$477.77M
# Analysts545443435854946437534864646453
Surprise %------------0.85%0.96%0.99%0.98%1.01%1.02%-1.00%1.03%1.02%1.00%1.00%1.04%1.05%1.24%1.04%1.03%1.01%

Synovus Financial's average Quarter revenue forecast for Mar 24 based on 4 analysts is $547.62M, with a low forecast of $534.94M, and a high forecast of $558.24M. SNV's average Quarter revenue forecast represents a 23.56% increase compared to the company's last Quarter revenue of $443.21M (Dec 23).

Synovus Financial EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts545443435854946437534864646453
EBITDA------------$144.13M$124.82M$525.52M$632.07M$364.93M$381.07M-$264.65M$329.27M$308.27M$305.59M$324.61M$263.40M$217.39M$225.33M$176.40M$312.73M$305.83M
Avg Forecast$391.33M$390.07M$388.81M$387.55M$339.91M$333.61M$326.72M$321.21M$322.81M$318.45M$305.49M$267.51M$292.73M$303.79M$321.09M$243.19M$337.83M$297.90M$292.68M$221.08M$246.95M$270.82M$255.16M$222.29M$171.21M$160.94M$371.80M$259.03M$322.40M$315.00M
High Forecast$398.92M$397.63M$396.35M$395.07M$346.51M$340.08M$333.05M$327.44M$329.07M$320.94M$311.42M$321.01M$306.98M$309.68M$327.32M$291.83M$344.38M$357.48M$292.68M$265.30M$296.35M$324.98M$306.19M$266.74M$205.45M$193.13M$446.16M$310.84M$386.88M$378.00M
Low Forecast$382.26M$381.03M$379.80M$378.58M$332.04M$325.88M$319.15M$313.77M$315.33M$315.71M$298.42M$214.01M$259.66M$296.76M$313.66M$194.55M$330.01M$238.32M$292.68M$176.87M$197.56M$216.65M$204.12M$177.83M$136.97M$128.75M$297.44M$207.23M$257.92M$252.00M
Surprise %------------0.49%0.41%1.64%2.60%1.08%1.28%-1.20%1.33%1.14%1.20%1.46%1.54%1.35%0.61%0.68%0.97%0.97%

4 analysts predict SNV's average Quarter EBITDA for Mar 24 to be $267.51M, with a high of $321.01M and a low of $214.01M. This is 85.61% upper than Synovus Financial's previous annual EBITDA (Dec 23) of $144.13M.

Synovus Financial Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts545443435854946437534864646453
Net Income------------$60.65M$97.09M$174.11M$202.16M$205.77M$203.04M-$171.04M$200.40M$186.77M$186.20M$187.09M$150.41M$91.57M$93.19M$38.52M$151.68M$135.73M
Avg Forecast$192.15M$193.60M$184.87M$171.77M$180.91M$172.75M$163.86M$154.27M$162.55M$158.78M$138.47M$192.61M$137.66M$121.82M$166.90M$175.10M$196.96M$180.49M$160.70M$159.18M$150.30M$164.08M$155.47M$128.12M$97.77M$67.80M$153.77M$56.57M$156.38M$139.80M
High Forecast$196.99M$198.48M$189.53M$176.10M$185.47M$177.10M$167.99M$158.16M$166.65M$167.44M$141.96M$231.13M$144.90M$124.89M$171.10M$210.12M$201.93M$216.59M$160.70M$191.02M$180.36M$196.90M$186.56M$153.74M$117.32M$81.36M$184.52M$67.88M$187.65M$167.76M
Low Forecast$186.36M$187.77M$179.30M$166.59M$175.46M$167.55M$158.93M$149.63M$157.66M$147.23M$134.30M$154.09M$130.41M$118.15M$161.87M$140.08M$191.03M$144.39M$160.70M$127.35M$120.24M$131.26M$124.37M$102.49M$78.21M$54.24M$123.01M$45.25M$125.10M$111.84M
Surprise %------------0.44%0.80%1.04%1.15%1.04%1.12%-1.07%1.33%1.14%1.20%1.46%1.54%1.35%0.61%0.68%0.97%0.97%

Synovus Financial's average Quarter net income forecast for Mar 24 is $192.61M, with a range of $154.09M to $231.13M. SNV's average Quarter net income forecast represents a 217.60% increase compared to the company's last Quarter net income of $60.65M (Dec 23).

Synovus Financial SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts545443435854946437534864646453
SG&A------------$257.72M$191.58M$194.16M$199.19M$190.86M$181.04M-$170.93M$173.03M$165.58M$166.11M$167.06M$174.62M$161.79M$166.45M$159.71M$159.28M$155.71M
Avg Forecast$251.22M$250.41M$249.61M$248.80M$218.22M$214.17M$209.74M$206.21M$207.24M$204.44M$196.12M$192.50M$187.92M$195.03M$206.13M$175.00M$216.88M$160.01M$187.90M$159.09M$129.78M$145.46M$138.70M$114.40M$113.50M$119.78M$274.64M$234.52M$164.21M$160.38M
High Forecast$256.09M$255.27M$254.45M$253.63M$222.45M$218.32M$213.81M$210.21M$211.26M$206.03M$199.92M$230.99M$197.08M$198.81M$210.13M$209.99M$221.08M$192.01M$187.90M$190.90M$155.73M$174.55M$166.44M$137.28M$136.20M$143.73M$329.57M$281.42M$197.05M$192.46M
Low Forecast$245.40M$244.61M$243.82M$243.04M$213.16M$209.21M$204.89M$201.43M$202.44M$202.68M$191.58M$154.00M$166.69M$190.51M$201.36M$140.00M$211.86M$128.00M$187.90M$127.27M$103.82M$116.37M$110.96M$91.52M$90.80M$95.82M$219.71M$187.61M$131.37M$128.30M
Surprise %------------1.37%0.98%0.94%1.14%0.88%1.13%-1.07%1.33%1.14%1.20%1.46%1.54%1.35%0.61%0.68%0.97%0.97%

Synovus Financial's average Quarter SG&A projection for Mar 24 is $192.50M, based on 4 Wall Street analysts, with a range of $154.00M to $230.99M. The forecast indicates a -25.31% fall compared to SNV last annual SG&A of $257.72M (Dec 23).

Synovus Financial EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts545443435854946437534864646453
EPS------------$0.41$0.60$1.13$1.33$1.36$1.34-$1.12$1.38$1.22$1.20$1.20$0.96$0.57$0.58$0.21$0.98$0.84
Avg Forecast$1.32$1.33$1.27$1.18$1.24$1.19$1.13$1.06$1.12$1.09$0.95$0.99$0.95$0.84$1.15$1.24$1.35$1.28$1.09$1.01$1.08$1.07$1.03$0.93$0.82$0.52$0.02$0.36$0.97$1.00
High Forecast$1.35$1.36$1.30$1.21$1.27$1.22$1.15$1.09$1.14$1.15$0.98$1.01$1.00$0.86$1.18$1.27$1.39$1.31$1.09$1.04$1.11$1.09$1.06$0.96$0.84$0.54$0.02$0.37$0.99$1.02
Low Forecast$1.28$1.29$1.23$1.14$1.21$1.15$1.09$1.03$1.08$1.01$0.92$0.96$0.90$0.81$1.11$1.21$1.31$1.24$1.09$0.99$1.05$1.04$1.00$0.91$0.80$0.51$0.02$0.35$0.94$0.97
Surprise %------------0.43%0.72%0.99%1.07%1.01%1.05%-1.11%1.28%1.15%1.17%1.29%1.17%1.08%29.21%0.57%1.01%0.84%

According to 4 Wall Street analysts, Synovus Financial's projected average Quarter EPS for Mar 24 is $0.99, with a low estimate of $0.96 and a high estimate of $1.01. This represents a 140.78% increase compared to SNV previous annual EPS of $0.41 (Dec 23).

Synovus Financial Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CFGCitizens Financial Group$40.09$48.3320.55%Buy
FHNFirst Horizon$15.81$18.6117.71%Buy
TRMKTrustmark$32.19$37.5016.50%Hold
RNSTRenasant$32.80$38.0015.85%Buy
CBUCommunity Bank System$57.59$66.0014.60%Buy
UCBIUnited Community Banks$27.83$31.3312.58%Buy
SNVSynovus Financial$44.62$49.8911.81%Buy
HBANHuntington Bancshares$14.38$16.0411.54%Buy
HONEHarborOne Bancorp$12.73$14.009.98%Hold
MTBM&T Bank$168.88$184.699.36%Buy
HWCHancock Whitney$49.80$54.008.43%Buy
SSBSouthState$94.91$102.007.47%Buy
PNFPPinnacle Financial Partners$94.91$99.004.31%Buy
BOKFBOK Financial$102.96$105.382.35%Hold
ABCBAmeris Bancorp$61.03$56.25-7.83%Buy
FITBFifth Third Bancorp$42.07$38.67-8.08%Buy
SMBKSmartFinancial$29.39$26.50-9.83%Hold

SNV Forecast FAQ


Yes, according to 12 Wall Street analysts, Synovus Financial (SNV) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 58.33% of SNV's total ratings.

Synovus Financial (SNV) average price target is $49.89 with a range of $40 to $57, implying a 11.81% from its last price of $44.62. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for SNV stock, the company can go up by 11.81% (from the last price of $44.62 to the average price target of $49.89), up by 27.75% based on the highest stock price target, and down by -10.35% based on the lowest stock price target.

SNV's average twelve months analyst stock price target of $49.89 does not support the claim that Synovus Financial can reach $70 in the near future.

Synovus Financial's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.35B (high $2.39B, low $2.29B), average EBITDA is $1.32B (high $1.35B, low $1.29B), average net income is $671.79M (high $688.73M, low $651.56M), average SG&A $848.34M (high $864.79M, low $828.69M), and average EPS is $4.62 (high $4.73, low $4.48). SNV's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.76B (high $2.82B, low $2.7B), average EBITDA is $1.56B (high $1.59B, low $1.52B), average net income is $742.38M (high $761.1M, low $720.03M), average SG&A $1B (high $1.02B, low $976.88M), and average EPS is $5.1 (high $5.23, low $4.95).

Based on Synovus Financial's last annual report (Dec 2023), the company's revenue was $2.03B, which missed the average analysts forecast of $2.22B by -8.60%. Apple's EBITDA was $2.69B, beating the average prediction of $1.16B by 131.95%. The company's net income was $507.76M, missing the average estimation of $601.47M by -15.58%. Apple's SG&A was $1.03B, beating the average forecast of $764.08M by 35.39%. Lastly, the company's EPS was $3.46, missing the average prediction of $4.17 by -17.08%. In terms of the last quarterly report (Dec 2023), Synovus Financial's revenue was $443.21M, missing the average analysts' forecast of $519.52M by -14.69%. The company's EBITDA was $144.12M, missing the average prediction of $292.73M by -50.76%. Synovus Financial's net income was $60.64M, missing the average estimation of $137.66M by -55.94%. The company's SG&A was $257.72M, beating the average forecast of $187.92M by 37.14%. Lastly, the company's EPS was $0.41, missing the average prediction of $0.946 by -56.64%