Earnings Estimates Moving Higher for Synovus (SNV): Time to Buy? [Yahoo! Finance]
Synovus Financial Corp. (SNV)
Last synovus financial corp. earnings: 4/24 06:30 am
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US:NYSE Investor Relations:
investor.synovus.com
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Source: Yahoo! Finance
The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this holding company for Synovus Bank, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. This insight is at the core of our stock rating tool -- the Zacks Rank. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. For Synovus, there has been strong agreement among the covering analysts in raising earnings estimates, which has helped push consensus estimates considerably higher for
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News
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- Synovus names new chief credit officerBusiness Wire
SNV
Earnings
- 10/16/24 - Beat
SNV
Sec Filings
- 11/14/24 - Form 13F-HR
- 11/13/24 - Form 4
- 11/13/24 - Form 4
- SNV's page on the SEC website