Positive News SentimentPositive NewsNASDAQ:PNFP Pinnacle Financial Partners (PNFP) Stock Forecast, Price & News $50.41 +1.76 (+3.62%) (As of 06/1/2023 ET) Add Compare Share Share Today's Range$48.73▼$51.2550-Day Range$46.17▼$56.2552-Week Range$43.31▼$89.00Volume481,076 shsAverage Volume745,240 shsMarket Capitalization$3.87 billionP/E Ratio6.91Dividend Yield1.75%Price Target$77.88 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Pinnacle Financial Partners MarketRank™ ForecastAnalyst RatingHold2.43 Rating ScoreUpside/Downside54.5% Upside$77.88 Price TargetShort InterestHealthy1.90% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.71Upright™ Environmental ScoreNews Sentiment1.64Based on 2 Articles This WeekInsider TradingSelling Shares$1.77 M Sold Last QuarterProj. Earnings Growth1.98%From $6.55 to $6.68 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.84 out of 5 starsFinance Sector427th out of 1,786 stocksNational Commercial Banks Industry69th out of 170 stocks 3.2 Analyst's Opinion Consensus RatingPinnacle Financial Partners has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 4 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $77.88, Pinnacle Financial Partners has a forecasted upside of 54.5% from its current price of $50.41.Amount of Analyst CoveragePinnacle Financial Partners has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.90% of the float of Pinnacle Financial Partners has been sold short.Short Interest Ratio / Days to CoverPinnacle Financial Partners has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Pinnacle Financial Partners has recently increased by 1.43%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldPinnacle Financial Partners pays a meaningful dividend of 1.75%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPinnacle Financial Partners has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Pinnacle Financial Partners is 12.07%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Pinnacle Financial Partners will have a dividend payout ratio of 13.17% next year. This indicates that Pinnacle Financial Partners will be able to sustain or increase its dividend. Previous Next 2.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePinnacle Financial Partners has received a 18.62% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Mortgages provided by brick and mortar banks", "Online banking", "Consumer savings accounts provided by brick and mortar banks", "Consumer transaction accounts provided by brick and mortar banks", "Corporate credit granting", and "Wire transfer services" products. See details.Environmental SustainabilityThe Environmental Impact score for Pinnacle Financial Partners is -0.71. Previous Next 3.1 News and Social Media Coverage News SentimentPinnacle Financial Partners has a news sentiment score of 1.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Pinnacle Financial Partners this week, compared to 3 articles on an average week.Search InterestOnly 2 people have searched for PNFP on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows6 people have added Pinnacle Financial Partners to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Pinnacle Financial Partners insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,773,448.00 in company stock.Percentage Held by InsidersOnly 2.15% of the stock of Pinnacle Financial Partners is held by insiders.Percentage Held by Institutions79.82% of the stock of Pinnacle Financial Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Pinnacle Financial Partners are expected to grow by 1.98% in the coming year, from $6.55 to $6.68 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Pinnacle Financial Partners is 6.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Pinnacle Financial Partners is 6.91, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 157.60.Price to Book Value per Share RatioPinnacle Financial Partners has a P/B Ratio of 0.71. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Pinnacle Financial Partners (NASDAQ:PNFP) StockPinnacle Financial Partners, Inc. is a bank holding company, which engages in the provision of financial solutions. It offers banking, investment, trust, mortgage, and insurance products and services designed for businesses and individuals. The company was founded by Dale W. Polley, M. Terry Turner, Sue G. Atkinson, Reese L. Smith III, and Robert A. McCabe, Jr. on February 28, 2000, and is headquartered in Nashville, TN.Read More Receive PNFP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Pinnacle Financial Partners and its competitors with MarketBeat's FREE daily newsletter. Email Address PNFP Stock News HeadlinesJune 1, 2023 | finance.yahoo.comPNFP - Pinnacle Financial Partners, Inc.May 22, 2023 | americanbankingnews.comPinnacle Financial Partners (NASDAQ:PNFP) Coverage Initiated at StockNews.comJune 1, 2023 | Edge On The Street (Ad)Graphite Shortage Could Derail the $7 Trillion EV TransitionGraphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.May 19, 2023 | finance.yahoo.comPinnacle Financial Partners' (NASDAQ:PNFP) three-year earnings growth trails the 12% YoY shareholder returnsMay 16, 2023 | americanbankingnews.comBrokerages Set Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) PT at $76.86May 15, 2023 | americanbankingnews.comHead to Head Comparison: Pinnacle Financial Partners (NASDAQ:PNFP) & OptimumBank (NASDAQ:OPHC)May 10, 2023 | bizjournals.comPinnacle Bank sells 36 properties for $127.5 million with plans to sell moreMay 6, 2023 | seekingalpha.comPinnacle Financial: Flattish Earnings Outlook And Moderate Expected ReturnJune 1, 2023 | Edge On The Street (Ad)Graphite versus Lithium - What Investors Should KnowOver 18 million EVs will be cruising U.S roads by 2030. And every one million EVs manufactured will require 82,000 tons of the metal graphite for their batteries. That's a total of 1,476,000 tons of graphite! Graphite is actually the largest component of EV batteries - NOT lithium. Experts warn of a massive graphite shortfall, especially since North America currently has no operating graphite mines.May 4, 2023 | americanbankingnews.comPinnacle Financial Partners (NASDAQ:PNFP) Sets New 12-Month Low at $50.67May 2, 2023 | americanbankingnews.comPinnacle Financial Partners, Inc. (PNFP) To Go Ex-Dividend on May 4thApril 26, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for Pinnacle Financial Partners, Inc. Lifted by Analyst (NASDAQ:PNFP)April 23, 2023 | americanbankingnews.comJefferies Financial Group Weighs in on Pinnacle Financial Partners, Inc.'s Q3 2023 Earnings (NASDAQ:PNFP)April 22, 2023 | finance.yahoo.comPinnacle Financial Partners (NASDAQ:PNFP) Has Announced A Dividend Of $0.22April 22, 2023 | americanbankingnews.comJPMorgan Chase & Co. Raises Pinnacle Financial Partners (NASDAQ:PNFP) Price Target to $65.00April 21, 2023 | americanbankingnews.comBrokerages Set Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) Target Price at $76.57April 20, 2023 | americanbankingnews.comPinnacle Financial Partners (NASDAQ:PNFP) Shares Gap Down to $54.83April 20, 2023 | msn.comJP Morgan Maintains Pinnacle Financial Partners (PNFP) Overweight RecommendationApril 19, 2023 | msn.comPinnacle Financial Partners (PNFP) Declares $0.22 DividendApril 19, 2023 | finance.yahoo.comQ1 2023 Pinnacle Financial Partners Inc Earnings CallApril 18, 2023 | finance.yahoo.comPinnacle Financial Partners Announces 1Q23 DividendApril 18, 2023 | finance.yahoo.comPinnacle Financial Q1 Highlights: EPS Beat, Revenues Miss, Growing Deposits & MoreApril 18, 2023 | seekingalpha.comPinnacle Financial Partners, Inc. 2023 Q1 - Results - Earnings Call PresentationApril 18, 2023 | americanbankingnews.comPinnacle Financial Partners (NASDAQ:PNFP) Issues Earnings ResultsApril 18, 2023 | finance.yahoo.comPinnacle Financial (PNFP) Tops Q1 Earnings EstimatesApril 17, 2023 | finance.yahoo.comPNFP Reports Diluted EPS of $1.76, ROAA of 1.26% and ROATCE of 15.43% For 1Q23April 15, 2023 | americanbankingnews.comJefferies Financial Group Comments on Pinnacle Financial Partners, Inc.'s Q3 2024 Earnings (NASDAQ:PNFP)See More Headlines PNFP Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PNFP Company Calendar Last Earnings4/18/2023Ex-Dividend for 5/26 Dividend5/04/2023Dividend Payable5/26/2023Today6/01/2023Next Earnings (Estimated)7/18/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry National commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:PNFP CUSIP72346Q10 CIK1115055 Webwww.pnfp.com Phone(615) 744-3700Fax615-744-3861Employees3,242Year Founded2000Price Target and Rating Average Stock Price Forecast$77.88 High Stock Price Forecast$93.00 Low Stock Price Forecast$64.00 Forecasted Upside/Downside+54.5%Consensus RatingHold Rating Score (0-4)2.43 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$7.29 Trailing P/E Ratio6.91 Forward P/E Ratio7.70 P/E GrowthN/ANet Income$560.74 million Net Margins28.11% Pretax Margin35.15% Return on Equity10.85% Return on Assets1.35% Debt Debt-to-Equity Ratio0.47 Current Ratio0.91 Quick Ratio0.91 Sales & Book Value Annual Sales$1.79 billion Price / Sales2.16 Cash Flow$9.00 per share Price / Cash Flow5.60 Book Value$71.24 per share Price / Book0.71Miscellaneous Outstanding Shares76,740,000Free Float75,093,000Market Cap$3.87 billion OptionableOptionable Beta1.09 Social Links Key ExecutivesTerry TurnerPresident, Chief Executive Officer & DirectorHarold R. CarpenterChief Financial Officer & Executive Vice PresidentRandy WithrowChief Information Officer & Senior Vice PresidentMary SchneiderChief Compliance OfficerGary CollierExecutive VP & Manager-Asset ManagementKey CompetitorsOld National BancorpNASDAQ:ONBSynovus FinancialNYSE:SNVF.N.B.NYSE:FNBZions Bancorporation, National AssociationNASDAQ:ZIONBancFirstNASDAQ:BANFView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 5,999 shares on 5/26/2023Ownership: 0.006%Mountain Pacific Investment Advisers Inc. IDSold 626 shares on 5/23/2023Ownership: 0.301%Toroso Investments LLCBought 5,642 shares on 5/23/2023Ownership: 0.007%Seaport Global Advisors LLCSold 1,332 shares on 5/23/2023Ownership: 0.002%Ameriprise Financial Inc.Sold 479,385 shares on 5/22/2023Ownership: 0.705%View All Insider TransactionsView All Institutional Transactions PNFP Stock - Frequently Asked Questions Should I buy or sell Pinnacle Financial Partners stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pinnacle Financial Partners in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PNFP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PNFP, but not buy additional shares or sell existing shares. View PNFP analyst ratings or view top-rated stocks. What is Pinnacle Financial Partners' stock price forecast for 2023? 7 brokers have issued 1-year price targets for Pinnacle Financial Partners' stock. Their PNFP share price forecasts range from $64.00 to $93.00. On average, they expect the company's stock price to reach $77.88 in the next twelve months. This suggests a possible upside of 54.5% from the stock's current price. View analysts price targets for PNFP or view top-rated stocks among Wall Street analysts. How have PNFP shares performed in 2023? Pinnacle Financial Partners' stock was trading at $73.40 at the beginning of the year. Since then, PNFP stock has decreased by 31.3% and is now trading at $50.41. View the best growth stocks for 2023 here. When is Pinnacle Financial Partners' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 18th 2023. View our PNFP earnings forecast. How were Pinnacle Financial Partners' earnings last quarter? Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) released its earnings results on Tuesday, April, 18th. The financial services provider reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.74 by $0.02. The financial services provider earned $401.76 million during the quarter, compared to analyst estimates of $418.58 million. Pinnacle Financial Partners had a trailing twelve-month return on equity of 10.85% and a net margin of 28.11%. The firm's revenue was up 17.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.65 EPS. 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 Tuesday, April 18th. Investors of record on Friday, May 5th will be paid a dividend of $0.22 per share on Friday, May 26th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date is Thursday, May 4th. Read our dividend analysis for PNFP. What ETFs hold Pinnacle Financial Partners' stock? ETFs with the largest weight of Pinnacle Financial Partners (NASDAQ:PNFP) stock in their portfolio include First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco KBW Regional Banking ETF (KBWR), SPDR S&P Regional Banking ETF (KRE), SPDR S&P Bank ETF (KBE), iShares U.S. Regional Banks ETF (IAT), Direxion Daily Regional Banks Bull 3x Shares (DPST), First Trust Nasdaq Bank ETF (FTXO) and Nuveen Small Cap Select ETF (NSCS). Is Pinnacle Financial Partners a good dividend stock? Pinnacle Financial Partners (NASDAQ:PNFP) pays an annual dividend of $0.88 per share and currently has a dividend yield of 1.75%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 12.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PNFP will have a dividend payout ratio of 13.17% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PNFP. What is M. Terry Turner's approval rating as Pinnacle Financial Partners' CEO? 46 employees have rated Pinnacle Financial Partners Chief Executive Officer M. Terry Turner on Glassdoor.com. M. Terry Turner has an approval rating of 86% among the company's employees. 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), NVIDIA (NVDA), Tencent (TCEHY), Boeing (BA), Alibaba Group (BABA), Verizon Communications (VZ), Adobe (ADBE), Advanced Micro Devices (AMD) and General Motors (GM). What is Pinnacle Financial Partners' stock symbol? Pinnacle Financial Partners trades on the NASDAQ under the ticker symbol "PNFP." Who are Pinnacle Financial Partners' major shareholders? Pinnacle Financial Partners' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (9.65%), State Street Corp (4.52%), Wasatch Advisors LP (2.76%), Dimensional Fund Advisors LP (2.35%), Geode Capital Management LLC (1.47%) and Fenimore Asset Management Inc. (1.40%). Insiders that own company stock include David B Ingram, Gary L Scott, Gregory L Burns, Harold R Carpenter, Harold R Carpenter, Hugh M Queener, Joseph C Galante, M Terry Turner, Reese L Smith III, Richard D Callicutt II, Robert A Mccabe Jr and Ronald L Samuel. View institutional ownership trends. How do I buy shares of Pinnacle Financial Partners? Shares of PNFP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Pinnacle Financial Partners' stock price today? One share of PNFP stock can currently be purchased for approximately $50.41. How much money does Pinnacle Financial Partners make? Pinnacle Financial Partners (NASDAQ:PNFP) has a market capitalization of $3.87 billion and generates $1.79 billion in revenue each year. The financial services provider earns $560.74 million in net income (profit) each year or $7.29 on an earnings per share basis. How many employees does Pinnacle Financial Partners have? The company employs 3,242 workers across the globe. How can I contact Pinnacle Financial Partners? Pinnacle Financial Partners' mailing address is 150 THIRD AVENUE SOUTH SUITE 900, NASHVILLE TN, 37201. The official website for the company is www.pnfp.com. The financial services provider can be reached via phone at (615) 744-3700, via email at harold.carpenter@pnfp.com, or via fax at 615-744-3861. This page (NASDAQ:PNFP) was last updated on 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Pinnacle Financial Partners, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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