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Pinnacle Financial Partners Stock Price, Forecast & Analysis (NASDAQ:PNFP)

$60.75
+0.58 (+0.96 %)
(As of 11/20/2019 01:31 AM ET)
Today's Range
$60.19
Now: $60.75
$61.03
50-Day Range
$54.53
MA: $58.45
$61.21
52-Week Range
$43.23
Now: $60.75
$61.60
Volume487,000 shs
Average Volume412,064 shs
Market Capitalization$4.67 billion
P/E Ratio12.82
Dividend Yield1.06%
Beta1.43
Pinnacle Financial Partners, Inc operates as a 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, 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. Read More…

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:PNFP
CUSIP72346Q10
Phone615-744-3700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.15 billion
Cash Flow$4.71 per share
Book Value$50.92 per share

Profitability

Net Income$359.44 million

Miscellaneous

Employees2,297
Market Cap$4.67 billion
Next Earnings Date1/21/2020 (Estimated)
OptionableOptionable

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Pinnacle Financial Partners (NASDAQ:PNFP) Frequently Asked Questions

What is Pinnacle Financial Partners' stock symbol?

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

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, October 15th. Shareholders of record on Friday, November 1st will be given a dividend of $0.16 per share on Friday, November 29th. This represents a $0.64 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date is Thursday, October 31st. View Pinnacle Financial Partners' Dividend History.

How were Pinnacle Financial Partners' earnings last quarter?

Pinnacle Financial Partners (NASDAQ:PNFP) posted its quarterly earnings data on Tuesday, October, 15th. The financial services provider reported $1.45 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.35 by $0.10. The financial services provider had revenue of $278.43 million for the quarter, compared to analyst estimates of $267.58 million. Pinnacle Financial Partners had a return on equity of 9.99% and a net margin of 30.38%. The firm's revenue was up 15.6% on a year-over-year basis. During the same period in the previous year, the firm earned $1.21 EPS. View Pinnacle Financial Partners' Earnings History.

When is Pinnacle Financial Partners' next earnings date?

Pinnacle Financial Partners is scheduled to release their next quarterly earnings announcement on Tuesday, January 21st 2020. View Earnings Estimates for Pinnacle Financial Partners.

What price target have analysts set for PNFP?

5 analysts have issued 1-year target prices for Pinnacle Financial Partners' stock. Their forecasts range from $50.00 to $66.00. On average, they anticipate Pinnacle Financial Partners' stock price to reach $60.60 in the next twelve months. This suggests that the stock has a possible downside of 0.2%. View Analyst Price Targets for Pinnacle Financial Partners.

What is the consensus analysts' recommendation for Pinnacle Financial Partners?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinnacle Financial Partners in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Pinnacle Financial Partners.

What are Wall Street analysts saying about Pinnacle Financial Partners stock?

Here are some recent quotes from research analysts about Pinnacle Financial Partners stock:
  • 1. According to Zacks Investment Research, "Pinnacle Financial Partners, Inc. Provides a full range of banking, investment, trust, mortgage and insurance products and services designed for businesses and their owners and individuals interested in a comprehensive relationship with their financial institution. " (10/17/2019)
  • 2. Stephens analysts commented, "We think PNFP and the BHG team did a nice job addressing both of these concerns and as a result, investor feedback has been incrementally more positive around the overall BHG business and we believe the related bear thesis lost steam following the event. Below we discuss specific highlights from the investor day." (9/16/2019)

Has Pinnacle Financial Partners been receiving favorable news coverage?

News articles about PNFP stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Pinnacle Financial Partners earned a news sentiment score of 1.5 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Pinnacle Financial Partners.

Are investors shorting Pinnacle Financial Partners?

Pinnacle Financial Partners saw a decline in short interest in October. As of October 15th, there was short interest totalling 2,130,000 shares, a decline of 10.9% from the September 15th total of 2,390,000 shares. Based on an average trading volume of 424,600 shares, the short-interest ratio is presently 5.0 days. Approximately 3.0% of the shares of the stock are sold short. View Pinnacle Financial Partners' Current Options Chain.

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), TENCENT HOLDING/ADR (TCEHY), Avenue Financial (AVNU), Alibaba Group (BABA), NVIDIA (NVDA), NXP Semiconductors (NXPI), Adobe (ADBE), Autodesk (ADSK) and Advanced Micro Devices (AMD).

Who are Pinnacle Financial Partners' key executives?

Pinnacle Financial Partners' management team includes the folowing people:
  • Mr. Robert A. McCabe Jr., Co-Founder & Chairman (Age 68)
  • Mr. Michael Terry Turner, Pres, CEO & Director (Age 64)
  • Mr. Harold R. Carpenter Jr., Exec. VP & CFO (Age 59)
  • Mr. Hugh M. Queener, Exec. VP & Chief Admin. Officer (Age 63)
  • Mr. Richard D. Callicutt II, Chairman for the Carolinas & Virginia and Director (Age 60)

Who are Pinnacle Financial Partners' major shareholders?

Pinnacle Financial Partners' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Wedge Capital Management L L P NC (1.41%), Pinnacle Financial Partners Inc. (1.28%), GW&K Investment Management LLC (0.90%), Fenimore Asset Management Inc. (0.72%), Emerald Advisers LLC (0.37%) and Emerald Mutual Fund Advisers Trust (0.35%). Company insiders that own Pinnacle Financial Partners stock include Charles E Brock, David B Ingram, Ed C Loughry Jr, Gary L Scott, Gregory L Burns, Harold R Carpenter, Hugh M Queener, M Terry Turner, Richard D Callicutt II, Robert A Mccabe Jr, Ronald L Samuel and Thomas R Sloan. View Institutional Ownership Trends for Pinnacle Financial Partners.

Which institutional investors are selling Pinnacle Financial Partners stock?

PNFP stock was sold by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, FSI Group LLC, Chartwell Investment Partners LLC, Pinnacle Financial Partners Inc., Comerica Bank, SG Americas Securities LLC, Wedge Capital Management L L P NC and Chesley Taft & Associates LLC. Company insiders that have sold Pinnacle Financial Partners company stock in the last year include Charles E Brock, Gary L Scott, Gregory L Burns, Harold R Carpenter, Hugh M Queener, M Terry Turner, Richard D Callicutt II, Robert A Mccabe Jr, Ronald L Samuel and Thomas R Sloan. View Insider Buying and Selling for Pinnacle Financial Partners.

Which institutional investors are buying Pinnacle Financial Partners stock?

PNFP stock was bought by a variety of institutional investors in the last quarter, including Emerald Advisers LLC, Emerald Mutual Fund Advisers Trust, GW&K Investment Management LLC, First Trust Advisors LP, California Public Employees Retirement System, Chicago Equity Partners LLC, Lee Danner & Bass Inc. and Strs Ohio. View Insider Buying and Selling for Pinnacle Financial Partners.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Pinnacle Financial Partners' stock price today?

One share of PNFP stock can currently be purchased for approximately $60.75.

How big of a company is Pinnacle Financial Partners?

Pinnacle Financial Partners has a market capitalization of $4.67 billion and generates $1.15 billion in revenue each year. The financial services provider earns $359.44 million in net income (profit) each year or $4.74 on an earnings per share basis. Pinnacle Financial Partners employs 2,297 workers across the globe.View Additional Information About Pinnacle Financial Partners.

What is Pinnacle Financial Partners' official website?

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

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]


MarketBeat Community Rating for Pinnacle Financial Partners (NASDAQ PNFP)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  346 (Vote Outperform)
Underperform Votes:  409 (Vote Underperform)
Total Votes:  755
MarketBeat's community ratings are surveys of what our community members think about Pinnacle Financial Partners and other stocks. Vote "Outperform" if you believe PNFP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PNFP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/20/2019 by MarketBeat.com Staff

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