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

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$54.02 +1.81 (+3.47 %)
(As of 01/17/2019 02:47 AM ET)
Previous Close$52.21
Today's Range$52.04 - $54.33
52-Week Range$43.23 - $68.85
Volume1.12 million shs
Average Volume623,674 shs
Market Capitalization$4.05 billion
P/E Ratio15.13
Dividend Yield1.25%
Beta1.3
Pinnacle Financial Partners, Inc. operates as a bank holding company for Pinnacle Bank that provides various banking products and services in the United States. The company accepts various deposits, including savings, checking, interest-bearing checking, money market, and certificate of deposit accounts. Its loan products include commercial loans, such as equipment and working capital loans; commercial real estate loans comprising investment properties and business loans secured by real estate; and loans to individuals consisting of secured and unsecured installment and term loans, lines of credit, residential first mortgage loans, and home equity loans and lines of credit. The company also offers various securities and other financial products; investment products; brokerage and investment advisory programs; and fiduciary and investment management services, such as personal trust, endowments, foundations, individual retirement accounts, pensions, and custody. In addition, it provides insurance products primarily in the property and casualty area; merger and acquisition advisory services; and private debt, equity and mezzanine, interest rate derivatives, and other middle-market advisory services. Further, the company offers treasury management, telephone and online banking, mobile banking, debit and credit cards, direct and remote deposit, automated teller machine, and cash management services. It serves individuals, small-to medium-sized businesses, and professional entities. As of December 31, 2017, the company operates 114 offices, including 46 in Tennessee, 39 in North Carolina, 21 in South Carolina, and 8 in Virginia. Pinnacle Financial Partners, Inc. was founded in 2000 and is headquartered in Nashville, Tennessee.

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Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:PNFP
CUSIP72346Q10
Phone615-744-3700

Debt

Current Ratio0.97
Quick Ratio0.97

Price-To-Earnings

Sales & Book Value

Annual Sales$781.04 million
Price / Sales5.39
Cash Flow$2.9279 per share
Price / Cash Flow18.45
Book Value$47.70 per share
Price / Book1.13

Profitability

Net Income$173.97 million
Net Margins26.97%
Return on Assets1.47%

Miscellaneous

Employees2,132
Market Cap$4.05 billion
OptionableOptionable

Pinnacle Financial Partners (NASDAQ:PNFP) Frequently Asked Questions

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 declared a quarterly dividend on Tuesday, October 16th. Investors of record on Friday, November 2nd will be paid a dividend of $0.16 per share on Friday, November 30th. This represents a $0.64 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date of this dividend is Thursday, November 1st. This is a boost from Pinnacle Financial Partners's previous quarterly dividend of $0.14. View Pinnacle Financial Partners' Dividend History.

How were Pinnacle Financial Partners' earnings last quarter?

Pinnacle Financial Partners (NASDAQ:PNFP) announced its quarterly earnings data on Tuesday, January, 15th. The financial services provider reported $1.25 EPS for the quarter, topping the Zacks' consensus estimate of $1.23 by $0.02. The financial services provider earned $247.50 million during the quarter, compared to analyst estimates of $246.73 million. Pinnacle Financial Partners had a net margin of 26.97% and a return on equity of 9.09%. The company's quarterly revenue was up 17.2% on a year-over-year basis. During the same period last year, the business earned $0.97 EPS. View Pinnacle Financial Partners' Earnings History.

When is Pinnacle Financial Partners' next earnings date?

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

What price target have analysts set for PNFP?

9 Wall Street analysts have issued twelve-month price objectives for Pinnacle Financial Partners' stock. Their forecasts range from $50.00 to $76.00. On average, they anticipate Pinnacle Financial Partners' stock price to reach $64.8571 in the next year. This suggests a possible upside of 20.1% from the stock's current price. View Analyst Price Targets for Pinnacle Financial Partners.

What is the consensus analysts' recommendation for Pinnacle Financial Partners?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinnacle Financial Partners in the last year. There are currently 1 hold rating and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Pinnacle Financial Partners.

Has Pinnacle Financial Partners been receiving favorable news coverage?

Media coverage about PNFP stock has trended positive on Thursday, InfoTrie reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Pinnacle Financial Partners earned a news sentiment score of 2.3 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the next several days.

Who are some of Pinnacle Financial Partners' key competitors?

Who are Pinnacle Financial Partners' key executives?

Pinnacle Financial Partners' management team includes the folowing people:
  • Mr. Robert A. McCabe Jr., Co-Founder & Chairman (Age 68)
  • Mr. Michael Terry Turner, Pres, CEO & Director (Age 64)
  • Mr. Harold R. Carpenter Jr., Exec. VP & CFO (Age 59)
  • Mr. Hugh M. Queener, Exec. VP & Chief Admin. Officer (Age 63)
  • Mr. Joseph Harvey White, Chief Credit Officer & Knoxville Regional Exec. (Age 69)

Who are Pinnacle Financial Partners' major shareholders?

Pinnacle Financial Partners' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Fenimore Asset Management Inc. (0.66%), Retirement Systems of Alabama (0.28%), Pwmco LLC (0.17%), Cahaba Wealth Management Inc. (0.08%), Louisiana State Employees Retirement System (0.02%) and Chesley Taft & Associates LLC (0.01%). Company insiders that own Pinnacle Financial Partners stock include Charles E Brock, Ed C Loughry Jr, 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.

Which institutional investors are selling Pinnacle Financial Partners stock?

PNFP stock was sold by a variety of institutional investors in the last quarter, including Pwmco LLC, Cahaba Wealth Management Inc., Louisiana State Employees Retirement System and Carroll Financial Associates Inc.. Company insiders that have sold Pinnacle Financial Partners company stock in the last year include Charles E Brock, 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 and Ronald L Samuel. View Insider Buying and Selling for Pinnacle Financial Partners.

Which institutional investors are buying Pinnacle Financial Partners stock?

PNFP stock was bought by a variety of institutional investors in the last quarter, including Fenimore Asset Management Inc., Retirement Systems of Alabama and Chesley Taft & Associates LLC. Company insiders that have bought Pinnacle Financial Partners stock in the last two years include Joseph C Galante and Robert A Mccabe Jr. View Insider Buying and Selling for Pinnacle Financial Partners.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is Pinnacle Financial Partners' stock price today?

One share of PNFP stock can currently be purchased for approximately $54.02.

How big of a company is Pinnacle Financial Partners?

Pinnacle Financial Partners has a market capitalization of $4.05 billion and generates $781.04 million in revenue each year. The financial services provider earns $173.97 million in net income (profit) each year or $3.57 on an earnings per share basis. Pinnacle Financial Partners employs 2,132 workers across the globe.

What is Pinnacle Financial Partners' official website?

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

How can I contact Pinnacle Financial Partners?

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]


MarketBeat Community Rating for Pinnacle Financial Partners (NASDAQ PNFP)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  288 (Vote Outperform)
Underperform Votes:  340 (Vote Underperform)
Total Votes:  628
MarketBeat's community ratings are surveys of what our community members think about Pinnacle Financial Partners and other stocks. Vote "Outperform" if you believe PNFP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PNFP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/17/2019 by MarketBeat.com Staff

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