Synovus Financial Corp Stock Price on May 21, 2024

SNV Stock  USD 57.07  0.38  0.66%   
Below is the normalized historical share price chart for Synovus Financial Corp extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Synovus Financial stands at 57.07, as last reported on the 1st of December, with the highest price reaching 58.10 and the lowest price hitting 56.74 during the day.
IPO Date
12th of January 1990
200 Day MA
42.661
50 Day MA
50.0766
Beta
1.392
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Synovus Stock, it is important to understand the factors that can impact its price. Synovus Financial appears to be very steady, given 3 months investment horizon. Synovus Financial Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Synovus Financial Corp, which you can use to evaluate the volatility of the company. Please review Synovus Financial's Semi Deviation of 1.5, risk adjusted performance of 0.1085, and Coefficient Of Variation of 755.28 to confirm if our risk estimates are consistent with your expectations.
  
At this time, Synovus Financial's Liabilities And Stockholders Equity is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 3.2 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 2.8 B in 2024. . At this time, Synovus Financial's Price Book Value Ratio is fairly stable compared to the past year. Price To Free Cash Flows Ratio is likely to climb to 4.62 in 2024, whereas Price Earnings Ratio is likely to drop 7.10 in 2024. Synovus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1482

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsSNV
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 2.87
  actual daily
25
75% of assets are more volatile

Expected Return

 0.42
  actual daily
8
92% of assets have higher returns

Risk-Adjusted Return

 0.15
  actual daily
11
89% of assets perform better
Based on monthly moving average Synovus Financial is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Synovus Financial by adding it to a well-diversified portfolio.
Price Book
1.6778
Price Sales
4.6181
Shares Float
140.7 M
Dividend Share
1.52
Wall Street Target Price
57.75

Related Headline

First Bancshares, Headline on 21st of May 2024

Filed transaction by The First Bancshares Director. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

Synovus Financial Valuation on May 21, 2024

It is possible to determine the worth of Synovus Financial on a given historical date. On May 21, 2024 Synovus was worth 38.85 at the beginning of the trading date compared to the closed value of 39.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Synovus Financial stock. Still, in general, we apply an absolute valuation method to find Synovus Financial's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Synovus Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Synovus Financial's related companies.
 Open High Low Close Volume
  39.41    39.49    38.91    38.93    860,960  
05/21/2024
  38.85    39.44    38.85    39.16    965,234  
  39.15    39.52    38.69    38.91    1,149,969  
Backtest Synovus Financial  |  Synovus Financial History  |  Synovus Financial Valuation   PreviousNext  
Open Value
38.85
39.16
Closing Value
47.45
Upside

Synovus Financial Trading Date Momentum on May 21, 2024

On May 22 2024 Synovus Financial Corp was traded for  38.91  at the closing time. Highest Synovus Financial's price during the trading hours was 39.52  and the lowest price during the day was  38.69 . The net volume was 1.1 M. The overall trading history on the 22nd of May contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.64% . The trading price change to current price is 1.71% .

Synovus Financial Corp Fundamentals Correlations and Trends

By evaluating Synovus Financial's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Synovus Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Synovus financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Synovus Financial Stock history

Synovus Financial investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Synovus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Synovus Financial Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Synovus Financial stock prices may prove useful in developing a viable investing in Synovus Financial
Last ReportedProjected for Next Year
Common Stock Shares Outstanding146.7 M77.9 M
Net Income Applicable To Common Shares833.4 M875.1 M

Synovus Financial Stock Technical Analysis

Synovus Financial technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Synovus Financial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Synovus Financial trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Synovus Financial Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Synovus Financial Corp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Synovus Financial December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how Synovus Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Synovus Financial shares will generate the highest return on investment. By undertsting and applying Synovus Financial stock market strength indicators, traders can identify Synovus Financial Corp entry and exit signals to maximize returns

Synovus Financial Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Synovus Financial's price direction in advance. Along with the technical and fundamental analysis of Synovus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Synovus to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Synovus Stock Analysis

When running Synovus Financial's price analysis, check to measure Synovus Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Synovus Financial is operating at the current time. Most of Synovus Financial's value examination focuses on studying past and present price action to predict the probability of Synovus Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synovus Financial's price. Additionally, you may evaluate how the addition of Synovus Financial to your portfolios can decrease your overall portfolio volatility.