NASDAQ:PNFPPinnacle Financial Partners Stock Price, Forecast & News

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 decreased by 6.7% and is now trading at $39.72.
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6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinnacle Financial Partners in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Pinnacle Financial Partners.

Pinnacle Financial Partners is scheduled to release its next quarterly earnings announcement on Tuesday, October 20th 2020.
View our earnings forecast for Pinnacle Financial Partners.

Pinnacle Financial Partners (NASDAQ:PNFP) released its quarterly earnings data on Tuesday, July, 21st. The financial services provider reported $0.83 earnings per share for the quarter, missing the consensus estimate of $0.88 by $0.05. The financial services provider earned $273.61 million during the quarter, compared to analysts' expectations of $270.63 million. Pinnacle Financial Partners had a net margin of 22.12% and a return on equity of 6.94%.
View Pinnacle Financial Partners' earnings history.

Pinnacle Financial Partners declared a quarterly dividend on Tuesday, July 21st. Shareholders of record on Friday, August 7th will be given a dividend of $0.16 per share on Friday, August 28th. This represents a $0.64 annualized dividend and a dividend yield of 1.61%. The ex-dividend date of this dividend is Thursday, August 6th.
View Pinnacle Financial Partners' dividend history.

6 brokers have issued 12 month price targets for Pinnacle Financial Partners' shares. Their forecasts range from $35.00 to $63.00. On average, they anticipate Pinnacle Financial Partners' stock price to reach $47.50 in the next year. This suggests a possible upside of 19.6% from the stock's current price.
View analysts' price targets for Pinnacle Financial Partners.

Media stories about PNFP stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Pinnacle Financial Partners earned a news impact score of -1.0 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the near future.
View the latest news about Pinnacle Financial Partners.

Pinnacle Financial Partners saw a decrease in short interest in the month of July. As of July 15th, there was short interest totaling 2,320,000 shares, a decrease of 6.8% from the June 30th total of 2,490,000 shares. Based on an average daily trading volume, of 455,600 shares, the days-to-cover ratio is presently 5.1 days. Approximately 3.2% of the company's shares are short sold.
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Some companies that are related to Pinnacle Financial Partners include Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR).
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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), TENCENT HOLDING/ADR (TCEHY), Alibaba Group (BABA), Adobe (ADBE), Verizon Communications (VZ), Advanced Micro Devices (AMD), Autodesk (ADSK), Netflix (NFLX) and NVIDIA (NVDA).

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

Pinnacle Financial Partners' stock is owned by a number of institutional and retail investors. Top institutional investors include Wedge Capital Management L L P NC (2.37%), Frontier Capital Management Co. LLC (1.38%), Pinnacle Financial Partners Inc. (0.87%), Fenimore Asset Management Inc. (0.66%), Emerald Advisers LLC (0.48%) and Emerald Mutual Fund Advisers Trust (0.43%). 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, Richard D Callicutt II, Robert A Mccabe Jr, Ronald L Samuel and Thomas R Sloan.
View institutional ownership trends for Pinnacle Financial Partners.

PNFP stock was sold by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Pinnacle Financial Partners Inc., First Trust Advisors LP, Emerald Advisers LLC, Emerald Mutual Fund Advisers Trust, Cahaba Wealth Management Inc., Raymond James Financial Services Advisors Inc., and Wiley BROS. Aintree Capital LLC. Company insiders that have sold Pinnacle Financial Partners company stock in the last year include Charles E Brock, Gary L Scott, Harold R Carpenter, Hugh M Queener, M Terry Turner, Richard D Callicutt II, Ronald L Samuel, and Thomas R Sloan.
View insider buying and selling activity for Pinnacle Financial Partners.

PNFP stock was bought by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Hunter Perkins Capital Management LLC, SG Americas Securities LLC, Comerica Bank, UBS Group AG, Raymond James & Associates, Envestnet Asset Management Inc., and First Quadrant L P CA. 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.

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.

One share of PNFP stock can currently be purchased for approximately $39.72.

Pinnacle Financial Partners has a market capitalization of $3.01 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. Pinnacle Financial Partners employs 2,487 workers across the globe.

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

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]