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 Thursday, January 23rd. Stockholders of record on Friday, February 7th will be paid a dividend of $0.16 per share on Friday, February 28th. This represents a $0.64 annualized dividend and a dividend yield of 1.02%. The ex-dividend date of this dividend is Thursday, February 6th. View Pinnacle Financial Partners' Dividend History.

Pinnacle Financial Partners (NASDAQ:PNFP) announced its quarterly earnings data on Tuesday, January, 21st. The financial services provider reported $1.27 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.01. The financial services provider had revenue of $253.60 million for the quarter, compared to analysts' expectations of $260 million. Pinnacle Financial Partners had a return on equity of 9.75% and a net margin of 30.10%. The company's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.25 earnings per share. View Pinnacle Financial Partners' Earnings History.

Pinnacle Financial Partners is scheduled to release their next quarterly earnings announcement on Monday, April 20th 2020. View Earnings Estimates for Pinnacle Financial Partners.

4 brokerages have issued 1-year price targets for Pinnacle Financial Partners' shares. Their forecasts range from $62.00 to $74.00. On average, they expect Pinnacle Financial Partners' stock price to reach $66.25 in the next year. This suggests a possible upside of 5.7% 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.

Media coverage about PNFP stock has trended somewhat negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Pinnacle Financial Partners earned a media sentiment score of -1.8 on InfoTrie's scale. They also assigned 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 company's share price in the near future. View News Stories for Pinnacle Financial Partners.

Pinnacle Financial Partners saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 1,950,000 shares, an increase of 12.1% from the January 15th total of 1,740,000 shares. Based on an average daily volume of 350,800 shares, the days-to-cover ratio is presently 5.6 days. Currently, 2.7% of the shares of the company are sold short. 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), East West Bancorp (EWBC) and TCF Financial (TCF).

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), Verizon Communications (VZ), Advanced Micro Devices (AMD), Adobe (ADBE), Autodesk (ADSK), NVIDIA (NVDA) and AT&T (T).

Pinnacle Financial Partners' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Street Corp (3.06%), Jennison Associates LLC (2.58%), Ceredex Value Advisors LLC (2.29%), Victory Capital Management Inc. (2.14%), Victory Capital Management Inc. (2.09%) and Artisan Partners Limited Partnership (1.51%). 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 Ceredex Value Advisors LLC, Jennison Associates LLC, Goldman Sachs Group Inc., Mendon Capital Advisors Corp, Janus Henderson Group PLC, Renaissance Technologies LLC, Wedge Capital Management L L P NC and Artisan Partners Limited Partnership. 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 purchased by a variety of institutional investors in the last quarter, including Columbus Circle Investors, EJF Capital LLC, Emerald Mutual Fund Advisers Trust, Emerald Advisers LLC, Pinnacle Financial Partners Inc., Baird Financial Group Inc., Castleark Management LLC and Walthausen & Co. LLC. 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 $62.69.

Pinnacle Financial Partners has a market capitalization of $4.82 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 2,297 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]