Based on ratings from 11 stock analysts, the Pinnacle Financial Partners Inc stock price is expected to increase by 0.9% in 12 months. This is calculated by using the average 12-month stock price forecast for Pinnacle Financial Partners Inc. The lowest target is $97 and the highest is $138. Please note analyst price targets are not guaranteed and could be missed completely.
About 11 Wall Street analysts have assigned PNFP 5 buy ratings, 6 hold ratings, and 0 sell ratings. This means that analysts expect Pinnacle Financial Partners Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on PNFP. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of PNFP.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Jared Shaw Barclays | Equal-Weight | $120 | Maintains | Dec 5, 2024 |
Catherine Mealor Keefe, Bruyette & Woods | Market Perform | $135 | Downgrade | Dec 4, 2024 |
Steven Shaw Wells Fargo | Equal-Weight | $120 | Maintains | Dec 3, 2024 |
Brett Rabatin Hovde Group | Market Perform | $135 | Downgrade | Nov 18, 2024 |
Brandon King Truist Securities | Buy | $119 | Maintains | Oct 21, 2024 |
Ben Gerlinger Citigroup | Buy | $123 | Maintains | Oct 17, 2024 |
Steven Shaw Wells Fargo | Equal-Weight | $104 | Maintains | Oct 17, 2024 |
Russell Gunther Stephens & Co. | Overweight | $120 | Maintains | Oct 17, 2024 |
Jared Shaw Barclays | Equal-Weight | $108 | Maintains | Oct 17, 2024 |
Steven Shaw Wells Fargo | Equal-Weight | $100 | Downgrade | Oct 1, 2024 |
Jared Shaw Barclays | Equal-Weight | $101 | Maintains | Sep 27, 2024 |
Brandon King Truist Securities | Buy | $113 | Maintains | Sep 20, 2024 |
Stephen Scouten Piper Sandler | Neutral | $98 | Downgrade | Jul 18, 2024 |
Brandon King Truist Securities | Buy | $101 | Maintains | Jul 18, 2024 |
Steven Shaw Wells Fargo | Overweight | $100 | Maintains | Jul 18, 2024 |
Ben Gerlinger Citigroup | Buy | $113 | Maintains | Jul 18, 2024 |
Jared Shaw Barclays | Equal-Weight | $97 | Maintains | Jul 18, 2024 |
Brandon King Truist Securities | Buy | $87 | Maintains | Jul 8, 2024 |
Steven Alexopoulos JP Morgan | Overweight | $105 | Maintains | Jun 27, 2024 |
Russell Gunther Stephens & Co. | Overweight | $102 | Maintains | May 23, 2024 |
When did it IPO
2000
Staff Count
3,516
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. Michael Terry Turner
Market Cap
$9.77B
In 2023, PNFP generated $1.38B in revenue, which was a increase of 6.04% from the previous year. This can be seen as a signal that PNFP's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Pinnacle Financial Partners ranked No. 21 on the 2024 Best Workplaces for Parents list by Great Place to Work®, marking its sixth appearance. The ranking is based on anonymous employee surveys.
Why It Matters - Pinnacle Financial Partners' recognition as a top workplace for parents highlights its strong corporate culture, potentially improving employee retention and productivity, which can enhance overall financial performance.
Summary - Pinnacle Financial Partners (Nasdaq: PNFP) ranked No. 5 among the Best Banks to Work For, leading its size category. It has consistently ranked in the top 2 since the list's inception.
Why It Matters - Pinnacle Financial Partners’ recognition as a top bank to work for enhances its brand reputation, potentially attracting talent and clients, which can drive growth and profitability.
Summary - Pinnacle Financial Partners has been ranked No. 8 on Fortune's 2024 Best Workplaces for Women list, marking its seventh consecutive year on the list.
Why It Matters - Pinnacle Financial's recognition as a top workplace for women enhances its reputation, potentially attracting talent and improving employee satisfaction, which can lead to better financial performance.
Summary - Pinnacle Financial Partners, Inc. (PNFP) held its Q3 2024 earnings call, discussing quarterly performance and financial results. Further details can be found in the full transcript.
Why It Matters - The Q3 2024 earnings call for Pinnacle Financial Partners may reveal key financial performance metrics, guidance, and strategic insights, influencing investor sentiment and stock valuation.
Summary - Pinnacle Financial (PNFP) reports its quarterly performance for September 2024, suggesting a comparison with Wall Street estimates and previous year results may be beneficial for investors.
Why It Matters - Pinnacle Financial's quarterly results relative to Wall Street estimates and year-ago figures indicate its growth trajectory and market position, impacting investor sentiment and stock valuation.
Summary - Pinnacle Financial (PNFP) reported Q3 earnings of $1.86 per share, exceeding the Zacks estimate of $1.79 and up from $1.79 per share in the same quarter last year.
Why It Matters - Pinnacle Financial's earnings beat estimates, indicating strong performance and growth, which can boost investor confidence and potentially drive stock price appreciation.