How to buy Pinnacle Financial Partners stock | 39.56

Pinnacle Financial Partners, Inc is a banks—regional business based in the US. Pinnacle Financial Partners shares (PNFP) are listed on the NASDAQ and all prices are listed in US Dollars. Pinnacle Financial Partners employs 2,577 staff and has a trailing 12-month revenue of around USD$887 million.

How to buy shares in Pinnacle Financial Partners

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for Pinnacle Financial Partners. Find the stock by name or ticker symbol: PNFP. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Pinnacle Financial Partners reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At last close price of USD$39.56, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Pinnacle Financial Partners, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of Pinnacle Financial Partners. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted Pinnacle Financial Partners's share price?

Since the stock market crash in March caused by coronavirus, Pinnacle Financial Partners's share price has had significant negative movement.

Its last market close was USD$39.56, which is 36.90% down on its pre-crash value of USD$62.69 and 42.30% up on the lowest point reached during the March crash when the shares fell as low as USD$27.8.

If you had bought USD$1,000 worth of Pinnacle Financial Partners shares at the start of February 2020, those shares would have been worth USD$533.75 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$660.26.

Pinnacle Financial Partners share price

Use our graph to track the performance of PNFP stocks over time.

Pinnacle Financial Partners shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	USD$39.56
52-week range	USD$27.8 - USD$65
50-day moving average	USD$38.2149
200-day moving average	USD$39.7225
Wall St. target price	USD$47.8
PE ratio	10.1722
Dividend yield	USD$0.64 (1.62%)
Earnings per share (TTM)	USD$3.9

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Is it a good time to buy Pinnacle Financial Partners stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Pinnacle Financial Partners, Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Pinnacle Financial Partners price performance over time

Historical closes compared with the close of $39.56 from 2020-10-16

1 week (2020-10-16)	39.56
1 month (2020-09-25)	13.00%
3 months (2020-07-24)	-5.49%
6 months (2020-04-24)	11.91%

1 year (2019-10-25)	-33.79%
2 years (2018-10-25)	-22.67%
3 years (2017-10-25)	-40.60%
5 years (2015-10-23)	-27.65%

Is Pinnacle Financial Partners under- or over-valued?

Valuing Pinnacle Financial Partners stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Pinnacle Financial Partners's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Pinnacle Financial Partners's P/E ratio

Pinnacle Financial Partners's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Pinnacle Financial Partners shares trade at around 10x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Pinnacle Financial Partners's PEG ratio

Pinnacle Financial Partners's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.6. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Pinnacle Financial Partners's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Pinnacle Financial Partners financials

Revenue TTM	USD$887 million
Operating margin TTM	42.27%
Gross profit TTM	USD$1 billion
Return on assets TTM	0.99%
Return on equity TTM	6.7%
Profit margin	33.53%
Book value	$59.345
Market capitalisation	USD$3.1 billion

TTM: trailing 12 months

Shorting Pinnacle Financial Partners shares

There are currently 1.7 million Pinnacle Financial Partners shares held short by investors – that's known as Pinnacle Financial Partners's "short interest". This figure is 5.1% down from 1.8 million last month.

There are a few different ways that this level of interest in shorting Pinnacle Financial Partners shares can be evaluated.

Pinnacle Financial Partners's "short interest ratio" (SIR)

Pinnacle Financial Partners's "short interest ratio" (SIR) is the quantity of Pinnacle Financial Partners shares currently shorted divided by the average quantity of Pinnacle Financial Partners shares traded daily (recently around 581444.05594406). Pinnacle Financial Partners's SIR currently stands at 2.86. In other words for every 100,000 Pinnacle Financial Partners shares traded daily on the market, roughly 2860 shares are currently held short.

However Pinnacle Financial Partners's short interest can also be evaluated against the total number of Pinnacle Financial Partners shares, or, against the total number of tradable Pinnacle Financial Partners shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Pinnacle Financial Partners's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Pinnacle Financial Partners shares in existence, roughly 20 shares are currently held short) or 0.0226% of the tradable shares (for every 100,000 tradable Pinnacle Financial Partners shares, roughly 23 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Pinnacle Financial Partners.

Find out more about how you can short Pinnacle Financial Partners stock.

Pinnacle Financial Partners share dividends

Dividend payout ratio: 16.33% of net profits

Recently Pinnacle Financial Partners has paid out, on average, around 16.33% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.62% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Pinnacle Financial Partners shareholders could enjoy a 1.62% return on their shares, in the form of dividend payments. In Pinnacle Financial Partners's case, that would currently equate to about $0.64 per share.

While Pinnacle Financial Partners's payout ratio might seem low, this can signify that Pinnacle Financial Partners is investing more in its future growth.

Pinnacle Financial Partners's most recent dividend payout was on 28 August 2020. The latest dividend was paid out to all shareholders who bought their shares by 6 August 2020 (the "ex-dividend date").

Have Pinnacle Financial Partners's shares ever split?

Pinnacle Financial Partners's shares were split on a 2:1 basis on 11 May 2004. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Pinnacle Financial Partners shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Pinnacle Financial Partners shares which in turn could have impacted Pinnacle Financial Partners's share price.

Pinnacle Financial Partners share price volatility

Over the last 12 months, Pinnacle Financial Partners's shares have ranged in value from as little as $27.8 up to $65. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Pinnacle Financial Partners's is 1.3795. This would suggest that Pinnacle Financial Partners's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Pinnacle Financial Partners overview

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. The company accepts various deposits, including savings, checking, noninterest-bearing 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, 2019, the company operated 111 offices, including 47 in Tennessee, 36 in North Carolina, 20 in South Carolina, and eight in Virginia. Pinnacle Financial Partners, Inc. was founded in 2000 and is headquartered in Nashville, Tennessee.

Frequently asked questions

• What percentage of Pinnacle Financial Partners is owned by insiders or institutions?

  Currently 3.625% of Pinnacle Financial Partners shares are held by insiders and 82.644% by institutions.

• How many people work for Pinnacle Financial Partners?

  Latest data suggests 2,577 work at Pinnacle Financial Partners.

• When does the fiscal year end for Pinnacle Financial Partners?

  Pinnacle Financial Partners's fiscal year ends in December.

• Where is Pinnacle Financial Partners based?

  Pinnacle Financial Partners's address is: 150 Third Avenue South, Nashville, TN, United States, 37201

• What is Pinnacle Financial Partners's ISIN number?

  Pinnacle Financial Partners's international securities identification number is: US72346Q1040

• What is Pinnacle Financial Partners's CUSIP number?

  Pinnacle Financial Partners's Committee on Uniform Securities Identification Procedures number is: 72346Q104