About Pinnacle Financial Partners (NASDAQ:PNFP)
Pinnacle Financial Partners, Inc. is a bank holding company. The Company operates through its subsidiary, Pinnacle Bank. The Company operates as a community bank primarily in the urban markets of Nashville, Knoxville, Memphis and Chattanooga, Tennessee and other counties. It provides the personalized service associated with small community banks, while seeking to offer the products and services, such as investments and treasury management. Pinnacle Bank offers an array of convenience-centered products and services, including round the clock telephone and Internet banking, mobile banking, debit and credit cards, direct deposit, remote deposit and cash management services for small- to medium-sized businesses. In addition, Pinnacle Bank is associated with a network of automated teller machines of other financial institutions that its clients are able to use throughout Tennessee and other regions.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Commercial Banks
- Sub-Industry: Regional Banks
- Symbol: NASDAQ:PNFP
- CUSIP: 72346Q10
- Web: www.pnfp.com
- Market Cap: $5.19 billion
- Outstanding Shares: 77,652,000
- 50 Day Moving Avg: $64.73
- 200 Day Moving Avg: $63.56
- 52 Week Range: $49.40 - $71.85
Sales & Book Value:
- Trailing P/E Ratio: 20.74
- Foreward P/E Ratio: 15.43
- P/E Growth: 0.60
- Annual Revenue: $576.72 million
- Price / Sales: 8.99
- Book Value: $47.31 per share
- Price / Book: 1.41
- Annual Dividend: $0.56
- Dividend Yield: 0.8%
- Net Margins: 27.41%
- Return on Equity: 7.36%
- Return on Assets: 1.18%
- Debt-to-Equity Ratio: 0.57%
- Current Ratio: 0.99%
- Quick Ratio: 0.96%
- Average Volume: 406,729 shs.
- Beta: 1.31
- Short Ratio: 3.96
Frequently Asked Questions for Pinnacle Financial Partners (NASDAQ:PNFP)
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 Thursday, October 19th. Investors of record on Friday, November 3rd will be paid a dividend of $0.14 per share on Friday, November 24th. This represents a $0.56 annualized dividend and a yield of 0.84%. The ex-dividend date of this dividend is Thursday, November 2nd. View Pinnacle Financial Partners' Dividend History.
How were Pinnacle Financial Partners' earnings last quarter?
Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) issued its earnings results on Tuesday, October, 17th. The company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.89 by $0.01. The company earned $216.20 million during the quarter, compared to analyst estimates of $217.13 million. Pinnacle Financial Partners had a return on equity of 7.36% and a net margin of 27.41%. Pinnacle Financial Partners's revenue was up 102.8% compared to the same quarter last year. During the same period last year, the firm earned $0.78 EPS. View Pinnacle Financial Partners' Earnings History.
When will Pinnacle Financial Partners make its next earnings announcement?
Where is Pinnacle Financial Partners' stock going? Where will Pinnacle Financial Partners' stock price be in 2017?
5 analysts have issued 12-month price objectives for Pinnacle Financial Partners' stock. Their forecasts range from $71.00 to $74.00. On average, they anticipate Pinnacle Financial Partners' share price to reach $73.25 in the next year. View Analyst Ratings for Pinnacle Financial Partners.
Who are some of Pinnacle Financial Partners' key competitors?
Some companies that are related to Pinnacle Financial Partners include Zions Bancorp (ZION), BOK Financial Corporation (BOKF), Western Alliance Bancorporation (WAL), Prosperity Bancshares (PB), F.N.B. Corporation (FNB), Texas Capital Bancshares (TCBI), Hancock Holding Company (HBHC), First Hawaiian (FHB), IBERIABANK Corporation (IBKC), MB Financial (MBFI), Associated Banc Corp (ASB), Chemical Financial Corporation (CHFC), UMB Financial Corporation (UMBF), Bank of Hawaii Corporation (BOH), Sterling Bancorp (STL), Home BancShares (HOMB), Fulton Financial Corporation (FULT) and First Financial Bankshares (FFIN).
Who are Pinnacle Financial Partners' key executives?
Pinnacle Financial Partners' management team includes the folowing people:
- Robert A. McCabe Jr., Chairman of the Board
- M. Terry Turner, President, Chief Executive Officer, Director
- Ronald L. Samuels, Vice Chairman of the Board
- Harold R. Carpenter Jr., Chief Financial Officer
- Hugh M. Queener, Chief Administrative Officer
- J. Harvey White, Chief Credit Officer
- Abney S. Boxley III, Director
- Richard D. Callicutt II, Director
- Thomas R. Sloan, Director
- G. Kennedy Thompson, Director
Who owns Pinnacle Financial Partners stock?
Pinnacle Financial Partners' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Nationwide Fund Advisors (0.26%), Mountain Pacific Investment Advisers Inc. ID (0.17%), Mutual of America Capital Management LLC (0.15%), Strs Ohio (0.09%), Oxbow Advisors LLC (0.05%) and State Treasurer State of Michigan (0.04%). Company insiders that own Pinnacle Financial Partners stock include Ed C Loughry Jr, Harold R Carpenter, Hugh M Queener, Joseph C Galante, M Terry Turner, Richard D Callicutt II, Robert A Mccabe Jr, Ronald L Samuel, Thomas R Sloan, William Francis Hagerty and William H Iv Huddleston. View Institutional Ownership Trends for Pinnacle Financial Partners.
Who sold Pinnacle Financial Partners stock? Who is selling Pinnacle Financial Partners stock?
Pinnacle Financial Partners' stock was sold by a variety of institutional investors in the last quarter, including Oxbow Advisors LLC and State Treasurer State of Michigan. Company insiders that have sold Pinnacle Financial Partners stock in the last year include Ed C Loughry Jr, Harold R Carpenter, 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.
Who bought Pinnacle Financial Partners stock? Who is buying Pinnacle Financial Partners stock?
Pinnacle Financial Partners' stock was bought by a variety of institutional investors in the last quarter, including Mountain Pacific Investment Advisers Inc. ID, Oakbrook Investments LLC, LS Investment Advisors LLC, Nationwide Fund Advisors, Strs Ohio and Mutual of America Capital Management LLC. Company insiders that have bought Pinnacle Financial Partners stock in the last two years include Joseph C Galante, Robert A Mccabe Jr and William Francis Hagerty. View Insider Buying and Selling for Pinnacle Financial Partners.
How do I buy Pinnacle Financial Partners stock?
Shares of Pinnacle Financial Partners can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Pinnacle Financial Partners' stock price today?
MarketBeat Community Rating for Pinnacle Financial Partners (NASDAQ PNFP)MarketBeat's community ratings are surveys of what our community members think about Pinnacle Financial Partners and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Pinnacle Financial Partners stock can currently be purchased for approximately $66.80.
Consensus Ratings for Pinnacle Financial Partners (NASDAQ:PNFP) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Hold Ratings, 3 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.60)|
|Consensus Price Target: ||$73.25 (9.66% upside)|Consensus Price Target History for Pinnacle Financial Partners (NASDAQ:PNFP)
Analysts' Ratings History for Pinnacle Financial Partners (NASDAQ:PNFP)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/20/2017||Hilliard Lyons||Downgrade||Buy -> Neutral||$74.00||N/A|
|10/20/2017||SunTrust Banks, Inc.||Reiterated Rating||Buy||$74.00||N/A|
|10/19/2017||Piper Jaffray Companies||Reiterated Rating||Buy||$74.00||N/A|
|1/25/2017||Sandler O'Neill||Upgrade||Hold -> Buy||N/A|
|10/20/2016||Keefe, Bruyette & Woods||Downgrade||Outperform -> Market Perform||$55.00||N/A|
|1/25/2016||Hovde Group||Upgrade||Underperform -> Market Perform||$52.00 -> $51.00||N/A|
Earnings History for Pinnacle Financial Partners (NASDAQ:PNFP)Earnings History by Quarter for Pinnacle Financial Partners (NASDAQ PNFP)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/17/2017||Q3 2017||$0.89||$0.90||$217.13 million||$216.20 million||View||N/A|
|7/18/2017||Q2 2017||$0.80||$0.84||$130.23 million||$141.70 million||View||N/A|
|4/17/2017||Q1 2017||$0.77||$0.83||$121.59 million||$119.10 million||View||N/A|
|1/17/2017||Q416||$0.81||$0.78||$122.71 million||$120.20 million||View||N/A|
|10/18/2016||Q316||$0.78||$0.78||$22.11 million||$118.30 million||View||N/A|
|7/19/2016||Q216||$0.75||$0.75||$104.43 million||$107.76 million||View||N/A|
|4/18/2016||Q1||$0.71||$0.71||$99.27 million||$99.76 million||View||N/A|
|1/19/2016||Q415||$0.68||$0.69||$94.12 million||$98.10 million||View||Listen|
|10/20/2015||Q315||$0.64||$0.66||$76.58 million||$83.50 million||View||Listen|
|7/21/2015||Q215||$0.62||$0.64||$72.44 million||$71.29 million||View||Listen|
|4/20/2015||Q115||$0.56||$0.62||$67.20 million||$69.80 million||View||N/A|
|1/20/2015||Q414||$0.53||$0.53||$63.92 million||$64.70 million||View||N/A|
|10/21/2014||Q314||$0.51||$0.52||$62.68 million||$62.40 million||View||N/A|
|7/15/2014||Q214||$0.48||$0.49||$60.86 million||$59.82 million||View||N/A|
|4/14/2014||Q114||$0.45||$0.47||$58.59 million||$58.60 million||View||N/A|
|10/15/2013||Q313||$0.42||$0.42||$57.00 million||$57.40 million||View||N/A|
|7/16/2013||Q2 2013||$0.39||$0.42||$4.61 billion||$55.00 million||View||N/A|
|4/15/2013||Q1 2013||$0.33||$0.39||$51.61 million||View||N/A|
|1/15/2013||Q4 2012||$0.34||$0.34||$50.70 million||View||N/A|
Earnings Estimates for Pinnacle Financial Partners (NASDAQ:PNFP)
2017 EPS Consensus Estimate: $3.44
2018 EPS Consensus Estimate: $4.25
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Pinnacle Financial Partners (NASDAQ:PNFP)
|Payout Ratio:||17.34% (Trailing 12 Months of Earnings) |
16.14% (Based on This Year's Estimates)
12.93% (Based on Next Year's Estimates)
Dividend History by Quarter for Pinnacle Financial Partners (NASDAQ PNFP)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Pinnacle Financial Partners (NASDAQ:PNFP)
Insider Ownership Percentage: 5.41%Insider Trades by Quarter for Pinnacle Financial Partners (NASDAQ:PNFP)
Institutional Ownership Percentage: 69.29%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|10/20/2017||Harold R Carpenter||CFO||Sell||17,711||$67.45||$1,194,606.95|| |
|10/20/2017||Richard D Callicutt II||Chairman||Sell||30,000||$67.44||$2,023,200.00|| |
|10/20/2017||Thomas R Sloan||Director||Sell||10,000||$67.25||$672,500.00|| |
|9/26/2017||Ronald L Samuel||Vice Chairman||Sell||3,000||$64.41||$193,230.00|| |
|9/7/2017||Joseph C Galante||Director||Buy||1,000||$59.40||$59,400.00|| |
|8/22/2017||Ronald L Samuel||Vice Chairman||Sell||3,000||$60.45||$181,350.00|| |
|7/25/2017||Ronald L Samuel||Vice Chairman||Sell||3,000||$66.02||$198,060.00|| |
|7/24/2017||M Terry Turner||CEO||Sell||101,480||$64.82||$6,577,933.60|| |
|6/27/2017||Ronald L Samuel||Vice Chairman||Sell||3,000||$62.08||$186,240.00|| |
|6/7/2017||Robert A Mccabe Jr||Chairman||Buy||325||$63.00||$20,475.00|| |
|5/31/2017||Joseph C Galante||Director||Buy||1,000||$59.73||$59,730.00|| |
|5/17/2017||Joseph C Galante||Director||Buy||100||$59.75||$5,975.00|| |
|11/23/2016||Ronald L Samuel||Vice Chairman||Sell||5,000||$65.59||$327,950.00|| |
|11/18/2016||Robert A Mccabe Jr||Chairman||Sell||18,333||$62.99||$1,154,795.67|| |
|11/1/2016||Ed C Loughry Jr||Director||Sell||1,808||$50.99||$92,189.92|| |
|8/5/2016||William H Iv Huddleston||Director||Sell||10,000||$53.96||$539,600.00|| |
|6/7/2016||William H Iv Huddleston||Director||Sell||2,000||$50.21||$100,420.00|| |
|3/10/2016||Harold R Carpenter||CFO||Sell||6,526||$46.54||$303,720.04|| |
|3/8/2016||M Terry Turner||CEO||Sell||17,440||$47.94||$836,073.60|| |
|3/7/2016||Ed C Loughry Jr||Director||Sell||5,033||$48.40||$243,597.20|| |
|2/26/2016||Robert A Mccabe Jr||Chairman||Buy||437||$46.24||$20,206.88|| |
|2/17/2016||William Francis Hagerty||Director||Buy||2,000||$47.66||$95,320.00|| |
|12/15/2015||Hugh M. Queener||CAO||Sell||11,933||$52.00||$620,516.00|| |
|11/12/2015||William H Iv Huddleston||Director||Sell||1,310||$54.36||$71,211.60|| |
|9/14/2015||William H Iv Huddleston||Director||Sell||1,679||$48.63||$81,649.77|| |
|5/28/2015||Hugh M Queener||CAO||Sell||1,500||$49.50||$74,250.00|| |
|2/25/2015||Sue G Atkinson||Director||Sell||6,100||$40.80||$248,880.00|| |
|12/15/2014||Hugh M Queener||CAO||Sell||12,200||$37.43||$456,646.00|| |
|12/15/2014||M Terry Turner||CEO||Sell||14,140||$37.48||$529,967.20|| |
|11/21/2014||Harold R Carpenter||CFO||Sell||3,871||$37.44||$144,930.24|| |
|8/26/2014||Hugh M Queener||CAO||Sell||3,030||$35.99||$109,049.70|| |
|8/26/2014||Robert A Mccabe Jr||Chairman||Sell||49,115||$35.96||$1,766,175.40|| |
|8/25/2014||Glenda Baskin Glover||Director||Buy||1,084||$35.92||$38,937.28|| |
|8/19/2014||M Terry Turner||CEO||Sell||6,939||$35.69||$247,652.91|| |
|8/1/2013||Robert A Mccabe Jr||Chairman||Sell||7,900||$28.66||$226,414.00|| |
|5/22/2013||J. Harvey White||Insider||Sell||2,000||$26.12||$52,240.00|| |
Headline Trends for Pinnacle Financial Partners (NASDAQ:PNFP)
Latest Headlines for Pinnacle Financial Partners (NASDAQ:PNFP)
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Pinnacle Financial Partners (PNFP) Chart for Monday, October, 23, 2017