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.

Overall MarketRank^™

2.02 out of 5 stars

Finance Sector

186th out of 1,953 stocks

National Commercial Banks Industry

27th out of 164 stocks

1.4 Analyst's Opinion

Consensus Rating
Pinnacle Financial Partners has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $75.13, Pinnacle Financial Partners has a forecasted downside of 14.1% from its current price of $87.45.
Amount of Analyst Coverage
Pinnacle Financial Partners has only been the subject of 3 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
Pinnacle Financial Partners has received 406 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Pinnacle Financial Partners has received 478 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Pinnacle Financial Partners has received 54.07% “underperform” votes from our community.

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.

1.7 Dividend Strength

Dividend Yield
Pinnacle Financial Partners has a dividend yield of 0.81%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Pinnacle Financial Partners has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Pinnacle Financial Partners is 13.41%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Pinnacle Financial Partners will have a dividend payout ratio of 15.22% next year. This indicates that Pinnacle Financial Partners will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Pinnacle Financial Partners insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,901,125.00 in company stock.
Percentage Held by Insiders
Only 2.98% of the stock of Pinnacle Financial Partners is held by insiders.
Percentage Held by Institutions
75.44% of the stock of Pinnacle Financial Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings for Pinnacle Financial Partners are expected to grow by 15.37% in the coming year, from $4.10 to $4.73 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Pinnacle Financial Partners is 22.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.89.
Price to Earnings Ratio vs. Sector
The P/E ratio of Pinnacle Financial Partners is 22.54, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 23.12.
Price to Book Value per Share Ratio
Pinnacle Financial Partners has a P/B Ratio of 1.55. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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 2 hold ratings and 5 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 short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Pinnacle Financial Partners wasn't one of them. MarketBeat thinks these five stocks 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) released its quarterly earnings data on Sunday, April, 18th. The financial services provider reported $1.61 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.38 by $0.23. The financial services provider earned $315.58 million during the quarter, compared to the consensus estimate of $305.96 million. Pinnacle Financial Partners had a trailing twelve-month return on equity of 6.88% and a net margin of 22.43%. Pinnacle Financial Partners's quarterly revenue was up 19.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.39 EPS.
View Pinnacle Financial Partners' earnings history.

How has Pinnacle Financial Partners' stock price been impacted by Coronavirus (COVID-19)?

Pinnacle Financial Partners' stock was trading at $42.55 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PNFP stock has increased by 105.5% and is now trading at $87.45.
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. Investors 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 0.82%. The ex-dividend date of this dividend 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 0.81%. Pinnacle Financial Partners does not yet have a strock track record of dividend growth. The dividend payout ratio of Pinnacle Financial Partners is 13.41%. 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 15.22% 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 brokers have issued 1 year price objectives for Pinnacle Financial Partners' shares. Their forecasts range from $35.00 to $105.00. On average, they expect Pinnacle Financial Partners' stock price to reach $75.13 in the next twelve months. This suggests that the stock has a possible downside of 14.1%.
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?

Some companies that are related to Pinnacle Financial Partners include The PNC Financial Services Group (PNC), Truist Financial (TFC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), KeyCorp (KEY), Regions Financial (RF), M&T Bank (MTB), Huntington Bancshares (HBAN), Signature Bank (SBNY), East West Bancorp (EWBC), Western Alliance Bancorporation (WAL), First Horizon (FHN), Zions Bancorporation, National Association (ZION) and Commerce Bancshares (CBSH).
View all of PNFP's 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 many different institutional and retail investors. Top institutional shareholders include Victory Capital Management Inc. (2.24%), The Manufacturers Life Insurance Company (1.42%), Wedge Capital Management L L P NC (1.08%), Fenimore Asset Management Inc. (0.89%), Pinnacle Financial Partners Inc. (0.88%) and Artemis Investment Management LLP (0.38%). 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., Hunter Perkins Capital Management LLC, Comerica Bank, Chartwell Investment Partners LLC, Pinnacle Financial Partners Inc., State of New Jersey Common Pension Fund D, and HHM Wealth Advisors 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 Artemis Investment Management LLP, Fenimore Asset Management Inc., Strs Ohio, Wesbanco Bank Inc., The Manufacturers Life Insurance Company , Dowling & Yahnke LLC, Patriot Investment Management Inc., and Capital Investment Counsel Inc. 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 $87.45.

How much money does Pinnacle Financial Partners make?

Pinnacle Financial Partners has a market capitalization of $6.65 billion and generates $1.33 billion in revenue each year. The financial services provider earns $400.88 million in net income (profit) each year or $5.37 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 5/6/2021 by MarketBeat.com Staff

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