With 0.82 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.64 million shares. The 52-week range on SNV shows that it touched its highest point at $59.92 and its lowest point at $35.81 during that stretch. It currently has a 1-year price target of $54.12. With its current market cap of 6.24 billion, SNV has annualized dividend of $1.53 while the current yield stands at 3.41%. Beta for the stock currently stands at 1.19.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SNV was up-trending over the past week, with a rise of 3.69%, but this was up by 15.89% over a month. Three-month performance dropped to -20.66% while six-month performance fell -9.05%. The stock gained 17.96% in the past year, while it has lost -12.32% so far this year. A look at the trailing 12-month EPS for SNV yields 3.56 with Next year EPS estimates of 5.41. For the next quarter, that number is 1.24. This implies an EPS growth rate of 14.41% for this year and 6.75% for next year. EPS is expected to grow by 9.49% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -2.64%.
Float and Shares Shorts:
At present, 139.21 million SNV shares are outstanding with a float of 138.01 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SNV since 9 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $4.40898 being high and $4.32899 being low. For SNV, this leads to a yearly average estimate of $4.38898.