Synovus Financial Corp. (SNV)

All Comments on SNV

  • commenter
    Jul 24 07:10 PM
    Earnings Preview: Synovus Financial [view article]
    earnings came in at 4c per share, and the stock is down 6% after hours right now. I'm going to agree with the Morgan Keegan folks on this one: they do run the risk of having to cut their dividend due to increased defaults on their residential construction portfolio.

    Synovus has quite a bit of spare capital from the TSS spinoff, though, and is likely to survive the crunch. I think its regional competitors probably have more problems.
    Reply
  • commenter
    Jul 16 08:24 AM
    Some Bargain Stocks to Consider Buying [view article]
    I own 4 of these stocks. I purchase thru their transfer agents and also reinvest all dividends thru a DRIP. Funny you should quote Buffett as these sound like Graham's selection criteria. Reply
  • commenter
    Jul 15 01:19 PM
    Some Bargain Stocks to Consider Buying [view article]
    I seriously consider these names as "just a jumping off point".. And, I'm not sure if dividend increases are a valid reason to buy in this market anyway. Look at a chart of PPG (Which I have been following as it keeps sinking) for example. Here's a company that has recently dumped its auto glass business... But is still leveraged to auto and industry in many ways.

    I think that pulling up the old 'boom-bust cycle chart' and maybe looking at some of these names based on the stage that you think we might be in would be a better jumping off point.... Well.. excepting anything to do with finance or real-estate that is..

    thx jegan ;-)
    Reply
  • commenter
    Jul 15 01:04 PM
    My Website
    Some Bargain Stocks to Consider Buying [view article]
    thanks for the screen. JNJ looks interesting even thought it has had a nice run up from its lows Reply
  • commenter
    Jul 15 12:36 PM
    Some Bargain Stocks to Consider Buying [view article]
    A rational approach to investing, as opposed to the general casino/roulette wheel theory of market playing that has become the American Capitalist paradigm. Reply
  • commenter
    Jun 19 01:58 PM
    The 20 Highest of the High-Yield Dividend Aristocrats [view article]
    Just how is FITB cutting their dividend good timing on your part, especially considering you baghold their largest shareholder (CINF).

    "Most investors are told to buy when everyone else is selling." Thanks but I prefer to buy when everyone is buying.
    Reply
  • commenter
    Jun 19 09:44 AM
    The 20 Highest of the High-Yield Dividend Aristocrats [view article]
    FITB is now paying a 6.5% yield. My bet is that gets smaller later this year too. Reply
  • commenter
    Jun 19 01:32 AM
    The 20 Highest of the High-Yield Dividend Aristocrats [view article]
    Don't forget to consider Countrywide as an entry for BAC. It's running about 90% of the deal's value, which I don't think is enough of a spread to cover the risk involved, though there has been no indication of BAC backing away. If you're interested in BAC and want to play arbitrageur, consider CFC if the spread widens. Reply
  • The 20 Highest of the High-Yield Dividend Aristocrats [view article]
    I think BAC has too much pride to cut their dividend. The credit spreads are really coming into a more normal range. If BAC can really make $4/share in the next 12 months, I think they will be able to afford their dividend with breathing room. Reply
  • commenter
    Jun 18 08:34 PM
    The 20 Highest of the High-Yield Dividend Aristocrats [view article]
    I'm sure BBT will perform because it has already indicated it plans to INCREASE its dividend. It has a share buyback program but there are no current purchases because they suspend buying in the last month of a quarter. They are very conservative and have adopted the rationale that it would be like insider trading once they know how the quarter is shaping up. Also, the market doesn't understand that the tax ruling in its case (which has caused current writeoffs for other banks) will not affect it any further. As it was its own legal case, it had already accrued the potential liability and has already paid all of the taxes. This is an incredible bargain and yield while waiting for the sector to recover. Reply
  • commenter
    Jun 18 05:36 PM
    The 20 Highest of the High-Yield Dividend Aristocrats [view article]
    Some of the banks on that list have will never pay a dividend after the current quarter. Reply
  • commenter
    Jun 18 04:15 PM
    The 20 Highest of the High-Yield Dividend Aristocrats [view article]
    I've been looking at BAC for a while now, but can't seem to pull the trigger. The problem with banks is that they are a black box, I have no idea what is inside. Another problem, is that I see a Democratic congress and President curtailing a chunk of their revenue streams, namely, usurious interest rates and fees. Reply
  • The 20 Highest of the High-Yield Dividend Aristocrats [view article]
    Actually my timing for posting this couldn't have been better - FITB just cut their dividends today.
    I am still wondering whether BAC will cut or not. Most investors are told to buy when everyone else is selling. The $1mln question is to buy financials or not to buy them.
    In early 2000 Phillip Morris ( Altria) was yielding higher than average yields at a time when the tobacco industry was under tremendous scruitiny. Fast forward 8 years from that point and MO has performed pretty well. I haven't bought any financials yet ( other than the ones which I have disclosed), and the reason for that is because the payout ratios are pretty high for me.
    I wonder if 8 years from now I would be kicking myself for not purchasing all of the 20 stocks listed above or not..
    Reply
  • commenter
    Jun 18 03:51 PM
    The 20 Highest of the High-Yield Dividend Aristocrats [view article]
    Be very, very careful with this list. Here be some monsters. Reply
  • commenter
    Jun 10 03:15 PM
    Tuesday Options Outlook: XLF, DHI, TOL, SWKS, DPTR, SNV, CCRT, CMA [view article]
    The Solar sector has also been hammered recently, even with oil prices going up. What do you think of this sector? It does seem like a possible upward pop play for options. Reply