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. Investors 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 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date of this dividend is Thursday, February 6th. View Pinnacle Financial Partners' Dividend History.

Pinnacle Financial Partners (NASDAQ:PNFP) announced its earnings results on Tuesday, January, 21st. The financial services provider reported $1.27 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.26 by $0.01. The financial services provider earned $253.60 million during the quarter, compared to analyst estimates of $260 million. Pinnacle Financial Partners had a return on equity of 9.75% and a net margin of 30.10%. Pinnacle Financial Partners's quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the company earned $1.25 EPS. 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 brokers 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 twelve months. This suggests a possible upside of 18.4% 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 headlines about PNFP stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by analyzing 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 closest to five being the most favorable. Pinnacle Financial Partners earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact 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 February. As of February 14th, there was short interest totalling 2,060,000 shares, an increase of 5.6% from the January 30th total of 1,950,000 shares. Based on an average daily trading volume, of 347,800 shares, the short-interest ratio is currently 5.9 days. Currently, 2.8% of the company's stock 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), Signature Bank (SBNY), Commerce Bancshares (CBSH), Zions Bancorporation NA (ZION), 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 variety of of retail and institutional 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 bought 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 $55.94.

Pinnacle Financial Partners has a market capitalization of $4.30 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]