NASDAQ:PNFP

Pinnacle Financial Partners Stock Forecast, Price & News

$84.25
-1.33 (-1.55 %)
(As of 06/18/2021 12:00 AM ET)
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Today's Range
$83.06
$85.81
50-Day Range
$84.25
$92.94
52-Week Range
$32.80
$96.52
Volume913,500 shs
Average Volume403,832 shs
Market Capitalization$6.41 billion
P/E Ratio15.96
Dividend Yield0.85%
Beta1.39
30 days | 90 days | 365 days | Advanced Chart
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Pinnacle Financial Partners logo

About Pinnacle Financial Partners

Pinnacle Financial Partners, Inc., together with its subsidiaries, operates as the bank holding company for Pinnacle Bank that provides various banking products and services in the United States. The company accepts various deposits, including savings, checking, noninterest-bearing and interest-bearing checking, money market, and certificate of deposit accounts. Its loan products include commercial loans, such as equipment and working capital loans; commercial real estate loans comprising investment properties and business loans secured by real estate; and loans to individuals consisting of secured and unsecured installment and term loans, lines of credit, residential first mortgage loans, and home equity loans and lines of credit, as well as provides credit cards for consumers and businesses. The company also offers various securities and other financial products; investment products; brokerage and investment advisory programs; and fiduciary and investment management services, such as personal trust, endowments, foundations, individual retirement accounts, pensions, and custody. In addition, it provides insurance agency services primarily in the property and casualty area; merger and acquisition advisory services; and private debt, equity and mezzanine, and other middle-market advisory services. Further, the company offers treasury management, telephone and online banking, mobile banking, debit cards, direct deposit and remote deposit capture, mobile deposit option, automated teller machine, and cash management services. It serves individuals, small to medium-sized businesses, and professional entities. As of December 31, 2020, the company operated 114 offices, including 48 in Tennessee, 36 in North Carolina, 20 in South Carolina, 9 in Virginia, and 1 in Georgia. Pinnacle Financial Partners, Inc. was incorporated in 2000 and is headquartered in Nashville, Tennessee.

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MarketRank

Overall MarketRank

1.66 out of 5 stars

Finance Sector

540th out of 1,970 stocks

National Commercial Banks Industry

54th out of 167 stocks

Analyst Opinion: 1.4Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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Pinnacle Financial Partners (NASDAQ:PNFP) Frequently Asked Questions

Is Pinnacle Financial Partners a buy right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pinnacle Financial Partners in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Pinnacle Financial Partners stock.
View analyst ratings for Pinnacle Financial Partners
or view top-rated stocks.

What stocks does MarketBeat like better than Pinnacle Financial Partners?

Wall Street analysts have given Pinnacle Financial Partners a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Pinnacle Financial Partners wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Pinnacle Financial Partners' next earnings date?

Pinnacle Financial Partners is scheduled to release its next quarterly earnings announcement on Tuesday, July 20th 2021.
View our earnings forecast for Pinnacle Financial Partners
.

How were Pinnacle Financial Partners' earnings last quarter?

Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) posted its quarterly earnings results on Sunday, April, 18th. The financial services provider reported $1.61 earnings per share for the quarter, topping analysts' consensus estimates of $1.38 by $0.23. The financial services provider earned $315.58 million during the quarter, compared to analysts' expectations of $305.96 million. Pinnacle Financial Partners had a trailing twelve-month return on equity of 9.19% and a net margin of 30.04%. The business's quarterly revenue was up 19.6% on a year-over-year basis. During the same period last year, the firm earned $0.39 EPS.
View Pinnacle Financial Partners' earnings history
.

How has Pinnacle Financial Partners' stock price been impacted by Coronavirus?

Pinnacle Financial Partners' stock was trading at $42.55 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PNFP stock has increased by 98.0% and is now trading at $84.25.
View which stocks have been most impacted by COVID-19
.

How often does Pinnacle Financial Partners pay dividends? What is the dividend yield for Pinnacle Financial Partners?

Pinnacle Financial Partners announced a quarterly dividend on Tuesday, April 20th. Stockholders of record on Friday, May 7th will be given a dividend of $0.18 per share on Friday, May 28th. This represents a $0.72 annualized dividend and a yield of 0.85%. The ex-dividend date is Thursday, May 6th.
View Pinnacle Financial Partners' dividend history
.

Is Pinnacle Financial Partners a good dividend stock?

Pinnacle Financial Partners pays an annual dividend of $0.72 per share and currently has a dividend yield of 0.85%. Pinnacle Financial Partners does not yet have a strong track record of dividend growth. The dividend payout ratio of Pinnacle Financial Partners is 16.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Pinnacle Financial Partners will have a dividend payout ratio of 12.61% next year. This indicates that Pinnacle Financial Partners will be able to sustain or increase its dividend.
View Pinnacle Financial Partners' dividend history.

What price target have analysts set for PNFP?

7 analysts have issued 1-year price targets for Pinnacle Financial Partners' shares. Their forecasts range from $74.00 to $105.00. On average, they anticipate Pinnacle Financial Partners' stock price to reach $88.43 in the next year. This suggests a possible upside of 5.0% from the stock's current price.
View analysts' price targets for Pinnacle Financial Partners
or view top-rated stocks among Wall Street analysts.

Who are Pinnacle Financial Partners' key executives?

Pinnacle Financial Partners' management team includes the following people:
  • Mr. Robert A. McCabe Jr., Co-Founder & Chairman (Age 70, Pay $1.74M)
  • Mr. Michael Terry Turner, Pres, CEO & Director (Age 66, Pay $1.87M)
  • Mr. Harold R. Carpenter Jr., Exec. VP, CFO & Principal Accounting Officer (Age 61, Pay $834.02k)
  • Mr. Hugh M. Queener, Exec. VP, Chief Admin. Officer & Corp. Sec. (Age 65, Pay $883.95k)
  • Mr. Richard D. Callicutt II, Chairman for the Carolinas & Virginia and Director (Age 62, Pay $1.06M)
  • Mr. Mac Johnston, Chief Investment Officer
  • Mr. Randall L. Withrow, Chief Information Officer & Sr. VP
  • Ms. Mary W. Schneider, Chief Compliance Officer
  • Ms. Catherine C. Stallings, Chief Legal Counsel
  • Ms. Patti Harris, Sr. VP & HR Mang.

What is M. Terry Turner's approval rating as Pinnacle Financial Partners' CEO?

46 employees have rated Pinnacle Financial Partners CEO M. Terry Turner on Glassdoor.com. M. Terry Turner has an approval rating of 86% among Pinnacle Financial Partners' employees.

Who are some of Pinnacle Financial Partners' key competitors?

What other stocks do shareholders of Pinnacle Financial Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Pinnacle Financial Partners investors own include Franklin Financial Network (FSB), Sandy Spring Bancorp (SASR), NVIDIA (NVDA), Tencent (TCEHY), The Boeing (BA), Alibaba Group (BABA), Verizon Communications (VZ), Adobe (ADBE), Advanced Micro Devices (AMD) and General Motors (GM).

What is Pinnacle Financial Partners' stock symbol?

Pinnacle Financial Partners trades on the NASDAQ under the ticker symbol "PNFP."

Who are Pinnacle Financial Partners' major shareholders?

Pinnacle Financial Partners' stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.10%), Price T Rowe Associates Inc. MD (7.42%), Dimensional Fund Advisors LP (3.29%), Wasatch Advisors Inc. (2.52%), Victory Capital Management Inc. (2.24%) and Goldman Sachs Group Inc. (1.44%). Company insiders that own Pinnacle Financial Partners stock include Charles E Brock, David B Ingram, G Kennedy Thompson, Gary L Scott, Gregory L Burns, Harold R Carpenter, Hugh M Queener, Joseph C Galante, M Terry Turner, Reese L Smith III, Richard D Callicutt II, Robert A Mccabe Jr, Ronald L Samuel and Thomas R Sloan.
View institutional ownership trends for Pinnacle Financial Partners
.

Which major investors are selling Pinnacle Financial Partners stock?

PNFP stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Victory Capital Management Inc., Prudential Financial Inc., Jennison Associates LLC, Peregrine Capital Management LLC, Baird Financial Group Inc., Rothschild & Co. Asset Management US Inc., and Foundry Partners LLC. Company insiders that have sold Pinnacle Financial Partners company stock in the last year include Gary L Scott, Gregory L Burns, Harold R Carpenter, Hugh M Queener, Joseph C Galante, Reese L Smith III, Richard D Callicutt II, Robert A Mccabe Jr, and Ronald L Samuel.
View insider buying and selling activity for Pinnacle Financial Partners
or view top insider-selling stocks.

Which major investors are buying Pinnacle Financial Partners stock?

PNFP stock was purchased by a variety of institutional investors in the last quarter, including Waddell & Reed Financial Inc., Alliancebernstein L.P., Wasatch Advisors Inc., Tredje AP fonden, Artemis Investment Management LLP, Principal Financial Group Inc., Principal Financial Group Inc., and Eaton Vance Management. Company insiders that have bought Pinnacle Financial Partners stock in the last two years include David B Ingram, G Kennedy Thompson, Joseph C Galante, and Richard D Callicutt II.
View insider buying and selling activity for Pinnacle Financial Partners
or or view top insider-buying stocks.

How do I buy shares of Pinnacle Financial Partners?

Shares of PNFP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Pinnacle Financial Partners' stock price today?

One share of PNFP stock can currently be purchased for approximately $84.25.

How much money does Pinnacle Financial Partners make?

Pinnacle Financial Partners has a market capitalization of $6.41 billion and generates $1.34 billion in revenue each year. The financial services provider earns $312.32 million in net income (profit) each year or $4.30 on an earnings per share basis.

How many employees does Pinnacle Financial Partners have?

Pinnacle Financial Partners employs 2,634 workers across the globe.

When was Pinnacle Financial Partners founded?

Pinnacle Financial Partners was founded in 2000.

What is Pinnacle Financial Partners' official website?

The official website for Pinnacle Financial Partners is www.pnfp.com.

Where are Pinnacle Financial Partners' headquarters?

Pinnacle Financial Partners is headquartered at 150 THIRD AVENUE SOUTH SUITE 900, NASHVILLE TN, 37201.

How can I contact Pinnacle Financial Partners?

Pinnacle Financial Partners' mailing address is 150 THIRD AVENUE SOUTH SUITE 900, NASHVILLE TN, 37201. The financial services provider can be reached via phone at 615-744-3700 or via email at [email protected]


This page was last updated on 6/21/2021 by MarketBeat.com Staff
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