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

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

Pinnacle Financial Partners declared a quarterly dividend on Tuesday, October 15th. Shareholders of record on Friday, November 1st will be given a dividend of $0.16 per share on Friday, November 29th. This represents a $0.64 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date of this dividend is Thursday, October 31st. View Pinnacle Financial Partners' Dividend History.

Pinnacle Financial Partners (NASDAQ:PNFP) released its quarterly earnings data on Tuesday, October, 15th. The financial services provider reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.10. The financial services provider had revenue of $278.43 million for the quarter, compared to analyst estimates of $267.58 million. Pinnacle Financial Partners had a return on equity of 9.99% and a net margin of 30.38%. The business's quarterly revenue was up 15.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.21 earnings per share. View Pinnacle Financial Partners' Earnings History.

Pinnacle Financial Partners is scheduled to release their next quarterly earnings announcement on Tuesday, January 21st 2020. View Earnings Estimates for Pinnacle Financial Partners.

Pinnacle Financial Partners will be holding an earnings conference call on Tuesday, January 21st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

4 Wall Street analysts have issued 12-month target prices for Pinnacle Financial Partners' stock. Their forecasts range from $62.00 to $74.00. On average, they anticipate Pinnacle Financial Partners' stock price to reach $66.25 in the next twelve months. This suggests a possible upside of 4.5% from the stock's current price. View Analyst Price Targets for Pinnacle Financial Partners.

4 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 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Pinnacle Financial Partners.

News coverage about PNFP stock has trended positive recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Pinnacle Financial Partners earned a coverage optimism score of 2.9 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Pinnacle Financial Partners.

Pinnacle Financial Partners saw a drop in short interest in the month of December. As of December 31st, there was short interest totalling 1,740,000 shares, a drop of 15.5% from the December 15th total of 2,060,000 shares. Based on an average daily trading volume, of 339,300 shares, the days-to-cover ratio is presently 5.1 days. Approximately 2.4% of the shares of the company are short sold. View Pinnacle Financial Partners' Current Options Chain.

Some companies that are related to Pinnacle Financial Partners include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Commerce Bancshares (CBSH), Signature Bank (SBNY), TCF Financial (TCF) and East West Bancorp (EWBC).

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), Avenue Financial (AVNU), NVIDIA (NVDA), NXP Semiconductors (NXPI), Adobe (ADBE), Autodesk (ADSK) and Advanced Micro Devices (AMD).

Pinnacle Financial Partners' stock is owned by a number of of retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (1.36%), Fenimore Asset Management Inc. (0.73%), Patten & Patten Inc. TN (0.04%), Patten Group Inc. (0.03%), Wiley BROS. Aintree Capital LLC (0.02%) and State of Alaska Department of Revenue (0.02%). 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 Wedge Capital Management L L P NC, State of Alaska Department of Revenue, IFP Advisors Inc, Patten Group Inc., Gradient Investments LLC and Patten & Patten Inc. TN. Company insiders that have sold Pinnacle Financial Partners company stock in the last year include Charles E Brock, 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 Insider Buying and Selling for Pinnacle Financial Partners.

PNFP stock was bought by a variety of institutional investors in the last quarter, including Fenimore Asset Management Inc., Gibson Capital LLC, Wiley BROS. Aintree Capital LLC and Huntington National Bank. 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 $63.39.

Pinnacle Financial Partners has a market capitalization of $4.88 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]