NASDAQ:PNFPPinnacle Financial Partners Stock Price, Forecast & News

Pinnacle Financial Partners' stock was trading at $42.55 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PNFP stock has increased by 0.4% and is now trading at $42.70.
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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) posted its quarterly earnings results on Tuesday, July, 21st. The financial services provider reported $0.83 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.88 by $0.05. The financial services provider had revenue of $273.61 million for the quarter, compared to analyst estimates 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. Stockholders 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 yield of 1.50%. The ex-dividend date 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 expect Pinnacle Financial Partners' stock price to reach $47.50 in the next year. This suggests a possible upside of 11.2% from the stock's current price.
View analysts' price targets for Pinnacle Financial Partners.

News stories about PNFP stock have been trending very negative recently, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Pinnacle Financial Partners earned a media sentiment score of -3.4 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days.
View the latest news about Pinnacle Financial Partners.

Pinnacle Financial Partners saw a drop in short interest during the month of July. As of July 31st, there was short interest totaling 2,320,000 shares, a drop of 6.8% from the July 15th total of 2,490,000 shares. Based on an average trading volume of 455,600 shares, the short-interest ratio is presently 5.1 days. Approximately 3.2% of the company's stock are sold short.
View Pinnacle Financial Partners' Short Interest.

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 variety of retail and institutional investors. Top institutional shareholders include Victory Capital Management Inc. (2.39%), Wedge Capital Management L L P NC (2.37%), Frontier Capital Management Co. LLC (1.38%), Jennison Associates LLC (1.26%), GW&K Investment Management LLC (1.07%) and Pinnacle Financial Partners Inc. (0.87%). 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 Jennison Associates LLC, 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., and Russell Investments Group Ltd.. 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 purchased by a variety of institutional investors in the last quarter, including GW&K Investment Management LLC, Victory Capital Management Inc., Wedge Capital Management L L P NC, Hunter Perkins Capital Management LLC, Rafferty Asset Management LLC, Swiss National Bank, SG Americas Securities LLC, and RMB Capital Management LLC. 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 $42.70.

Pinnacle Financial Partners has a market capitalization of $3.24 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]