Pinnacle Financial Partners Stock Today

PNFP Stock  USD 79.50  1.04  1.33%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
Pinnacle Financial is selling at 79.50 as of the 19th of April 2024; that is 1.33 percent up since the beginning of the trading day. The stock's last reported lowest price was 78.23. Pinnacle Financial has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Equity ratings for Pinnacle Financial Partners are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain
Banks
IPO Date
22nd of August 2000
Category
Financial Services
Classification
Financials
Pinnacle Financial Partners, Inc., together with its subsidiaries, operates as the bank holding company for Pinnacle Bank that provides various banking products and services in the United States. Pinnacle Financial Partners, Inc. was incorporated in 2000 and is headquartered in Nashville, Tennessee. The company has 77.08 M outstanding shares of which 1.73 M shares are at this time shorted by private and institutional investors with about 4.34 trading days to cover. More on Pinnacle Financial Partners

Moving together with Pinnacle Stock

  0.78AX Axos Financial Financial Report 25th of April 2024 PairCorr
  0.75BY Byline Bancorp Earnings Call This WeekPairCorr
  0.67PB Prosperity Bancshares Earnings Call This WeekPairCorr

Moving against Pinnacle Stock

  0.48TECTP Tectonic FinancialPairCorr
  0.46KB KB Financial Group Earnings Call This WeekPairCorr

Pinnacle Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Pinnacle Financial's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Pinnacle Financial or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEO, DirectorMichael Turner
Thematic Ideas
(View all Themes)
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, NASDAQ Composite, NASDAQ Financial 100, SP Midcap 400, NASDAQ Composite Total, Corona Opportunity, Millennials Best, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Analysts covering Pinnacle Financial report their recommendations after researching Pinnacle Financial's financial statements, talking to executives and customers, or listening in on Pinnacle Financial's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Pinnacle Financial. The Pinnacle consensus assessment is calculated by taking the average forecast from all of the analysts covering Pinnacle Financial.
Financial Strength
Based on the analysis of Pinnacle Financial's profitability, liquidity, and operating efficiency, Pinnacle Financial Partners may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Pinnacle Financial is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.02730.0543
Way Down
Pretty Stable
Gross Profit Margin0.770.9
Fairly Down
Slightly volatile
Total Current Liabilities18.3 B17.5 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total25.9 B24.6 B
Sufficiently Up
Slightly volatile
Total Assets50.6 B48.1 B
Sufficiently Up
Slightly volatile
Total Current Assets2.6 BB
Fairly Down
Slightly volatile
Pinnacle Financial's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Pinnacle Financial's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Pinnacle Financial's financial leverage. It provides some insight into what part of Pinnacle Financial's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Pinnacle Financial's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Pinnacle Financial deploys its capital and how much of that capital is borrowed.
Liquidity
Pinnacle Financial cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 3.08 B in liabilities with Debt to Equity (D/E) ratio of 6.54, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist Pinnacle Financial until it has trouble settling it off, either with new capital or with free cash flow. So, Pinnacle Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Pinnacle Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pinnacle to invest in growth at high rates of return. When we think about Pinnacle Financial's use of debt, we should always consider it together with cash and equity.

Capital Expenditures

338.37 Million
Pinnacle Financial Partners (PNFP) is traded on NASDAQ Exchange in USA. It is located in 150 Third Avenue South, Nashville, TN, United States, 37201 and employs 3,357 people. Pinnacle Financial is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.05 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Pinnacle Financial's market, we take the total number of its shares issued and multiply it by Pinnacle Financial's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Pinnacle Financial conducts business under Banks sector and is part of Financials industry. The entity has 77.08 M outstanding shares of which 1.73 M shares are at this time shorted by private and institutional investors with about 4.34 trading days to cover. Pinnacle Financial Partners currently holds about 2.31 B in cash with 521.41 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 30.54.
Check Pinnacle Financial Probability Of Bankruptcy
Ownership Allocation
Pinnacle Financial owns a total of 77.08 Million outstanding shares. The majority of Pinnacle Financial Partners outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Pinnacle Financial to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Pinnacle Financial. Please pay attention to any change in the institutional holdings of Pinnacle Financial as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Pinnacle Ownership Details

Pinnacle Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Pinnacle Financial jumping above the current price in 90 days from now is about 90.22%. The Pinnacle Financial Partners probability density function shows the probability of Pinnacle Financial stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Pinnacle Financial has a beta of 0.0201 indicating as returns on the market go up, Pinnacle Financial average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Pinnacle Financial Partners will be expected to be much smaller as well. Additionally, pinnacle Financial Partners has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 79.5HorizonTargetOdds Above 79.5
9.64%90 days
 79.50 
90.22%
Based on a normal probability distribution, the odds of Pinnacle Financial to move above the current price in 90 days from now is about 90.22 (This Pinnacle Financial Partners probability density function shows the probability of Pinnacle Stock to fall within a particular range of prices over 90 days) .

Pinnacle Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Pinnacle Financial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Pinnacle Financial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Pinnacle Financial's value.
InstituionRecorded OnShares
Fenimore Asset Management Inc2023-12-31
1.1 M
Jennison Associates Llc2023-12-31
1.1 M
Norges Bank2023-12-31
956.9 K
Bloombergsan Investment Partners2023-12-31
948.4 K
North Reef Capital Management Lp2023-09-30
910.1 K
Gw&k Investment Management, Llc2023-12-31
903.6 K
Manufacturers Life Insurance Co2023-12-31
900.3 K
Charles Schwab Investment Management Inc2023-12-31
876.3 K
Principal Financial Group Inc2023-12-31
808.1 K
Vanguard Group Inc2023-12-31
7.2 M
Blackrock Inc2023-12-31
6.9 M
View Pinnacle Financial Diagnostics

Pinnacle Financial Historical Income Statement

Pinnacle Financial Partners Income Statement is one of the three primary financial statements used for reporting Pinnacle's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Pinnacle Financial revenue and expense. Pinnacle Financial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Pinnacle Financial's Income Tax Expense is relatively stable compared to the past year. As of 04/19/2024, Income Before Tax is likely to grow to about 749.7 M, though EBIT is likely to grow to (31.8 M). View More Fundamentals

Pinnacle Stock Against Markets

Picking the right benchmark for Pinnacle Financial stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Pinnacle Financial stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Pinnacle Financial is critical whether you are bullish or bearish towards Pinnacle Financial Partners at a given time. Please also check how Pinnacle Financial's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Pinnacle Financial without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Economic Indicators Now

   

Economic Indicators

Top statistical indicators that provide insights into how an economy is performing
All  Next Launch Module

Pinnacle Financial Corporate Directors

Pinnacle Financial corporate directors refer to members of a Pinnacle Financial board of directors. The board of directors generally takes responsibility for the Pinnacle Financial's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Pinnacle Financial's board members must vote for the resolution. The Pinnacle Financial board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

How to buy Pinnacle Stock?

Before investing in Pinnacle Financial, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Pinnacle Financial. To buy Pinnacle Financial stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Pinnacle Financial. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Pinnacle Financial stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Pinnacle Financial Partners stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Pinnacle Financial Partners stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Pinnacle Financial Partners, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Pinnacle Stock please use our How to Invest in Pinnacle Financial guide.

Already Invested in Pinnacle Financial Partners?

The danger of trading Pinnacle Financial Partners is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Pinnacle Financial is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Pinnacle Financial. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Pinnacle Financial is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Pinnacle Financial is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Pinnacle Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Pinnacle Financial Partners Stock. Highlighted below are key reports to facilitate an investment decision about Pinnacle Financial Partners Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinnacle Financial Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Pinnacle Financial information on this page should be used as a complementary analysis to other Pinnacle Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Complementary Tools for Pinnacle Stock analysis

When running Pinnacle Financial's price analysis, check to measure Pinnacle Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pinnacle Financial is operating at the current time. Most of Pinnacle Financial's value examination focuses on studying past and present price action to predict the probability of Pinnacle Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinnacle Financial's price. Additionally, you may evaluate how the addition of Pinnacle Financial to your portfolios can decrease your overall portfolio volatility.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Is Pinnacle Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pinnacle Financial. If investors know Pinnacle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pinnacle Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.33)
Dividend Share
0.88
Earnings Share
7.14
Revenue Per Share
21.071
Quarterly Revenue Growth
0.008
The market value of Pinnacle Financial is measured differently than its book value, which is the value of Pinnacle that is recorded on the company's balance sheet. Investors also form their own opinion of Pinnacle Financial's value that differs from its market value or its book value, called intrinsic value, which is Pinnacle Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pinnacle Financial's market value can be influenced by many factors that don't directly affect Pinnacle Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pinnacle Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pinnacle Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pinnacle Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.