Pinnacle Financial Partners Stock Forecast, Price & News

8 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 7 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.

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Pinnacle Financial Partners is scheduled to release its next quarterly earnings announcement on Tuesday, October 12th 2021.
View our earnings forecast for Pinnacle Financial Partners.

Pinnacle Financial Partners will be holding an earnings conference call on Wednesday, October 13th at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) released its quarterly earnings data on Monday, July, 19th. The financial services provider reported $1.68 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.24. The financial services provider earned $331.43 million during the quarter, compared to analyst estimates of $315.54 million. Pinnacle Financial Partners had a net margin of 34.35% and a trailing twelve-month return on equity of 10.35%. Pinnacle Financial Partners's revenue for the quarter was up 21.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.28 earnings per share.
View Pinnacle Financial Partners' earnings history.

Pinnacle Financial Partners' stock was trading at $42.55 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PNFP stock has increased by 110.6% and is now trading at $89.63.
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Pinnacle Financial Partners declared a quarterly dividend on Tuesday, July 20th. Stockholders of record on Friday, August 6th will be given a dividend of $0.18 per share on Friday, August 27th. This represents a $0.72 annualized dividend and a yield of 0.80%. The ex-dividend date is Thursday, August 5th.
View Pinnacle Financial Partners' dividend history.

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 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 11.76% next year. This indicates that Pinnacle Financial Partners will be able to sustain or increase its dividend.
View Pinnacle Financial Partners' dividend history.

8 analysts have issued twelve-month price objectives for Pinnacle Financial Partners' shares. Their forecasts range from $74.00 to $105.00. On average, they expect Pinnacle Financial Partners' stock price to reach $91.86 in the next twelve months. This suggests a possible upside of 2.5% from the stock's current price.
View analysts' price targets for Pinnacle Financial Partners or view top-rated stocks among Wall Street analysts.

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.

Some companies that are related to Pinnacle Financial Partners include The PNC Financial Services Group (PNC), Truist Financial (TFC), SVB Financial Group (SIVB), First Republic Bank (FRC), Fifth Third Bancorp (FITB), Huntington Bancshares (HBAN), KeyCorp (KEY), Regions Financial (RF), M&T Bank (MTB), Signature Bank (SBNY), Western Alliance Bancorporation (WAL), East West Bancorp (EWBC), Zions Bancorporation, National Association (ZION), First Horizon (FHN) and First Citizens BancShares (FCNCA).
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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).

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

Pinnacle Financial Partners' stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.91%), BlackRock Inc. (8.70%), Price T Rowe Associates Inc. MD (7.48%), State Street Corp (4.35%), Dimensional Fund Advisors LP (2.96%) and Wasatch Advisors Inc. (2.45%). 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 and Ronald L Samuel.
View institutional ownership trends for Pinnacle Financial Partners.

PNFP stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Victory Capital Management Inc., Principal Financial Group Inc., Dimensional Fund Advisors LP, Frontier Capital Management Co. LLC, Jennison Associates LLC, Schonfeld Strategic Advisors LLC, and Comerica Bank. 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, M Terry Turner, 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.

PNFP stock was purchased by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., JPMorgan Chase & Co., Alliancebernstein L.P., State Street Corp, Public Employees Retirement Association of Colorado, Artemis Investment Management LLP, Millennium Management LLC, and Invesco Ltd.. 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.

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.
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One share of PNFP stock can currently be purchased for approximately $89.63.

Pinnacle Financial Partners has a market capitalization of $6.82 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.

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

Pinnacle Financial Partners was founded in 2000.

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

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

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].