NASDAQ:PNFP - Pinnacle Financial Partners Stock Price, News & Analysis

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

Pinnacle Financial Partners announced a quarterly dividend on Tuesday, July 16th. Investors of record on Friday, August 2nd will be paid a dividend of $0.16 per share on Friday, August 30th. This represents a $0.64 annualized dividend and a dividend yield of 1.13%. The ex-dividend date of this dividend is Thursday, August 1st. View Pinnacle Financial Partners' Dividend History.

Pinnacle Financial Partners (NASDAQ:PNFP) released its earnings results on Tuesday, July, 16th. The financial services provider reported $1.42 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.14. The financial services provider had revenue of $259.60 million for the quarter, compared to analysts' expectations of $252.44 million. Pinnacle Financial Partners had a return on equity of 9.82% and a net margin of 30.46%. Pinnacle Financial Partners's revenue was up 12.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.15 earnings per share. View Pinnacle Financial Partners' Earnings History.

Pinnacle Financial Partners is scheduled to release their next quarterly earnings announcement on Tuesday, October 15th 2019. View Earnings Estimates for Pinnacle Financial Partners.

5 Wall Street analysts have issued 1-year price targets for Pinnacle Financial Partners' shares. Their predictions range from $50.00 to $66.00. On average, they expect Pinnacle Financial Partners' share price to reach $61.20 in the next year. This suggests a possible upside of 8.3% from the stock's current price. View Analyst Price Targets 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 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Pinnacle Financial Partners.

Media stories about PNFP stock have trended negative this week, according to InfoTrie Sentiment. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Pinnacle Financial Partners earned a daily sentiment score of -2.9 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Pinnacle Financial Partners.

Pinnacle Financial Partners saw a increase in short interest in August. As of August 31st, there was short interest totalling 3,416,000 shares, an increase of 20.0% from the July 31st total of 2,846,700 shares. Based on an average trading volume of 412,100 shares, the days-to-cover ratio is presently 8.3 days. Currently, 4.8% of the shares of the stock are sold short. View Pinnacle Financial Partners' Current Options Chain.

Some companies that are related to Pinnacle Financial Partners include Shinhan Financial Group (SHG), Regions Financial (RF), Huntington Bancshares (HBAN), DANSKE BK A/S/S (DNKEY), Comerica (CMA), Zions Bancorporation NA (ZION), Akbank T.A.S. (AKBTY), Synovus Financial (SNV), BOK Financial (BOKF), Cullen/Frost Bankers (CFR), First Horizon National (FHN), Webster Financial (WBS), CIT Group (CIT), PacWest Bancorp (PACW) and Sterling Bancorp (STL).

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).

Pinnacle Financial Partners' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.98%), BlackRock Inc. (8.98%), Vanguard Group Inc. (8.62%), Price T Rowe Associates Inc. MD (4.97%), Jennison Associates LLC (3.23%) and Jennison Associates LLC (3.23%). 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.

PNFP stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Janus Henderson Group PLC, Jennison Associates LLC, Jennison Associates LLC, UBS Asset Management Americas Inc., Mendon Capital Advisors Corp, Vanguard Group Inc. and UBS Group AG. Company insiders that have sold Pinnacle Financial Partners company stock in the last year include Charles E Brock, 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.

PNFP stock was purchased by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Nuveen Asset Management LLC, Price T Rowe Associates Inc. MD, BlackRock Inc., BlackRock Inc., Prudential Financial Inc., Victory Capital Management Inc. and Bank of America Corp DE. View Insider Buying and Selling 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 $56.49.

Pinnacle Financial Partners has a market capitalization of $4.35 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.

The official website for Pinnacle Financial Partners is http://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]