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Pinnacle Financial Partners Inc

Pinnacle Financial Partners Inc Stock Forecast & Price Prediction

Live Pinnacle Financial Partners Inc Stock (PNFP) Price
$120.91

11

Ratings

  • Buy 5
  • Hold 6
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$120.91

P/E Ratio

24.24

Volume Traded Today

$512,544

Dividend

$0.22

52 Week High/low

131.91/73.62

Pinnacle Financial Partners Inc Market Cap

$9.77B

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PNFP Summary

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.

PNFP Analyst Ratings

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.

PNFP stock forecast by analyst

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

PNFP Company Information

What They Do: Provides comprehensive banking and financial services.

Business Model: The company operates as a bank holding company, generating revenue primarily through interest on loans, fees for banking services, and commissions from investment products and advisory services. It offers a wide range of products including deposits, loans, treasury management, investment services, and insurance, catering to both individual and business clients.

Other Information: Founded in 2000 and headquartered in Nashville, Tennessee, Pinnacle Financial Partners emphasizes a diversified service offering and has established a strong presence in the U.S. banking sector. The company's focus on personalized service and a comprehensive suite of financial products positions it well for growth in various market conditions.
PNFP
Pinnacle Financial Partners Inc (PNFP)

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

Pinnacle Financial Partners Inc (PNFP) Financial Data

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

$1.00B

Revenue From 2021

$1.12B

11.62 %
From Previous Year

Revenue From 2022

$1.30B

16.78 %
From Previous Year

Revenue From 2023

$1.38B

6.04 %
From Previous Year
  • Revenue TTM $1.55B
  • Operating Margin TTM 41.5%
  • Gross profit TTM $0
  • Return on assets TTM 0.9%
  • Return on equity TTM 6.9%
  • Profit Margin 27.0%
  • Book Value Per Share 80.07%
  • Market capitalisation $9.77B
  • Revenue for 2021 $1.12B
  • Revenue for 2022 $1.30B
  • Revenue for 2023 $1.38B
  • EPS this year (TTM) $5.22

Pinnacle Financial Partners Inc (PNFP) Latest News

News Image

Wed, 04 Dec 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Tue, 12 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Thu, 24 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Wed, 16 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

News Image

Tue, 15 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Tue, 15 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

...

PNFP Frequently asked questions

The highest forecasted price for PNFP is $138 from at .

The lowest forecasted price for PNFP is $97 from Jared Shaw from Barclays

The PNFP analyst ratings consensus are 5 buy ratings, 6 hold ratings, and 0 sell ratings.