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

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$54.26 -1.60 (-2.86 %)
(As of 05/23/2019 04:00 PM ET)
Previous Close$55.86
Today's Range$53.87 - $55.30
52-Week Range$43.23 - $68.35
Volume215,651 shs
Average Volume419,529 shs
Market Capitalization$4.18 billion
P/E Ratio11.45
Dividend Yield1.15%
Beta1.39
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, 2018, the company operates 114 offices, including 47 in Tennessee, 38 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

Price-To-Earnings

Sales & Book Value

Annual Sales$1.15 billion
Cash Flow$4.4880 per share
Book Value$52.70 per share

Profitability

Net Income$359.44 million

Miscellaneous

Employees2,297
Market Cap$4.18 billion
Next Earnings Date7/16/2019 (Estimated)
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 Wednesday, April 17th. Investors of record on Friday, May 3rd will be paid a dividend of $0.16 per share on Friday, May 31st. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date of this dividend is Thursday, May 2nd. View Pinnacle Financial Partners' Dividend History.

How were Pinnacle Financial Partners' earnings last quarter?

Pinnacle Financial Partners (NASDAQ:PNFP) released its quarterly earnings data on Monday, April, 15th. The financial services provider reported $1.24 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.21 by $0.03. The financial services provider had revenue of $238.30 million for the quarter, compared to analyst estimates of $246.03 million. Pinnacle Financial Partners had a return on equity of 9.53% and a net margin of 30.80%. The business's quarterly revenue was up 9.0% compared to the same quarter last year. During the same period last year, the business earned $1.13 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 Tuesday, July 16th 2019. View Earnings Estimates for Pinnacle Financial Partners.

What price target have analysts set for PNFP?

6 Wall Street analysts have issued 12 month price objectives for Pinnacle Financial Partners' shares. Their forecasts range from $50.00 to $75.00. On average, they anticipate Pinnacle Financial Partners' share price to reach $63.8333 in the next twelve months. This suggests a possible upside of 17.6% from the stock's current price. View Analyst Price Targets for Pinnacle Financial Partners.

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

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinnacle Financial Partners in the last year. There are currently 2 hold ratings and 4 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?

News stories about PNFP stock have trended somewhat negative this week, according to InfoTrie. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Pinnacle Financial Partners earned a daily sentiment score of -1.7 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 effect on the company's share price in the next several days.

Who are some of Pinnacle Financial Partners' key competitors?

What other stocks do shareholders of Pinnacle Financial Partners own?

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), Avenue Financial (AVNU), Alibaba Group (BABA), NXP Semiconductors (NXPI), Adobe (ADBE), Advanced Micro Devices (AMD), Activision Blizzard (ATVI) and BNC Bancorp (BNCN).

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. Richard D. Callicutt II, Chairman for the Carolinas & Virginia and Director (Age 60)

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 BlackRock Inc. (8.81%), Jennison Associates LLC (3.52%), Wellington Management Group LLP (2.58%), The Manufacturers Life Insurance Company (2.21%), Ceredex Value Advisors LLC (2.20%) and Dimensional Fund Advisors LP (2.15%). 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 Loomis Sayles & Co. L P, Goldman Sachs Group Inc., Mendon Capital Advisors Corp, Ceredex Value Advisors LLC, Wedge Capital Management L L P NC, The Manufacturers Life Insurance Company , RMB Capital Management LLC and Gillson Capital LP. Company insiders that have sold Pinnacle Financial Partners company stock in the last year include Gregory L Burns, Harold R Carpenter, 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 Wasatch Advisors Inc., Philadelphia Financial Management of San Francisco LLC, Chartwell Investment Partners LLC, FSI Group LLC, State of Tennessee Treasury Department, Dimensional Fund Advisors LP, Monarch Partners Asset Management LLC and BlackRock 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 $54.26.

How big of a company is Pinnacle Financial Partners?

Pinnacle Financial Partners has a market capitalization of $4.18 billion and generates $1.15 billion in revenue each year. The financial services provider earns $359.44 million in net income (profit) each year or $4.74 on an earnings per share basis. Pinnacle Financial Partners employs 2,297 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:  310 (Vote Outperform)
Underperform Votes:  361 (Vote Underperform)
Total Votes:  671
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 5/23/2019 by MarketBeat.com Staff

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