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

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$47.66 -1.30 (-2.66 %)
(As of 12/16/2018 03:22 PM ET)
Previous Close$47.66
Today's Range$47.62 - $49.7850
52-Week Range$47.62 - $69.85
Volume417,084 shs
Average Volume402,178 shs
Market Capitalization$3.71 billion
P/E Ratio13.35
Dividend Yield1.34%
Beta1.13
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

Stock Exchange NASDAQ
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:PNFP
Previous Symbol
CUSIP72346Q10
Phone615-744-3700

Debt

Debt-to-Equity Ratio0.51
Current Ratio0.97
Quick Ratio0.97

Price-To-Earnings

Trailing P/E Ratio13.35
Forward P/E Ratio10.10
P/E Growth0.72

Sales & Book Value

Annual Sales$781.04 million
Price / Sales4.75
Cash Flow$2.8185 per share
Price / Cash Flow16.91
Book Value$47.70 per share
Price / Book1.00

Profitability

EPS (Most Recent Fiscal Year)$3.57
Net Income$173.97 million
Net Margins26.97%
Return on Equity9.09%
Return on Assets1.47%

Miscellaneous

Employees2,132
Outstanding Shares77,890,000
Market Cap$3.71 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 announced a quarterly dividend on Tuesday, October 16th. Shareholders 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 1.34%. The ex-dividend date of this dividend is Thursday, November 1st. This is a positive change 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) issued its quarterly earnings results on Tuesday, October, 16th. The financial services provider reported $1.21 earnings per share for the quarter, beating analysts' consensus estimates of $1.19 by $0.02. The financial services provider had revenue of $240.90 million for the quarter, compared to the consensus estimate of $236.67 million. Pinnacle Financial Partners had a return on equity of 9.09% and a net margin of 26.97%. During the same quarter in the prior year, the firm earned $0.90 earnings per share. 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 Tuesday, January 15th 2019. View Earnings Estimates for Pinnacle Financial Partners.

What price target have analysts set for PNFP?

9 equities research analysts have issued 12-month price targets for Pinnacle Financial Partners' shares. Their predictions range from $56.00 to $76.00. On average, they anticipate Pinnacle Financial Partners' stock price to reach $69.7143 in the next twelve months. This suggests a possible upside of 46.3% 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 9 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 stories about PNFP stock have been trending positive on Sunday, according to InfoTrie. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Pinnacle Financial Partners earned a coverage optimism score of 3.0 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an effect on the stock'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 67)
  • Mr. Michael Terry Turner, Pres, CEO & Director (Age 63)
  • Mr. Harold R. Carpenter Jr., Exec. VP & CFO (Age 58)
  • Mr. Hugh M. Queener, Exec. VP & Chief Admin. Officer (Age 62)
  • Mr. Joseph Harvey White, Chief Credit Officer & Knoxville Regional Exec. (Age 68)

Who are Pinnacle Financial Partners' major shareholders?

Pinnacle Financial Partners' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.37%), Vanguard Group Inc (8.37%), BlackRock Inc. (8.36%), Jennison Associates LLC (4.29%), The Manufacturers Life Insurance Company (2.21%) and Ceredex Value Advisors LLC (2.03%). 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 major investors are selling Pinnacle Financial Partners stock?

PNFP stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Channing Capital Management LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Penn Capital Management Co. Inc., Janus Henderson Group PLC, Morgan Stanley and Wedge Capital Management L L P NC. 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 major investors are buying Pinnacle Financial Partners stock?

PNFP stock was acquired by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company, Mesirow Financial Investment Management Equity Management, Victory Capital Management Inc., Vanguard Group Inc, Vanguard Group Inc., GW&K Investment Management LLC, Wells Fargo & Company MN and Fenimore Asset Management Inc.. 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 $47.66.

How big of a company is Pinnacle Financial Partners?

Pinnacle Financial Partners has a market capitalization of $3.71 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:  283 (Vote Outperform)
Underperform Votes:  335 (Vote Underperform)
Total Votes:  618
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 12/16/2018 by MarketBeat.com Staff

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