Beyond The Numbers: 12 Analysts Discuss Pinnacle Finl Partners Stock

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Pinnacle Finl Partners PNFP underwent analysis by 12 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 2 7 0 0
Last 30D 1 0 0 0 0
1M Ago 0 1 4 0 0
2M Ago 0 0 1 0 0
3M Ago 2 1 2 0 0

The 12-month price targets, analyzed by analysts, offer insights with an average target of $123.67, a high estimate of $135.00, and a low estimate of $104.00. Marking an increase of 13.18%, the current average surpasses the previous average price target of $109.27.

price target chart

Diving into Analyst Ratings: An In-Depth Exploration

An in-depth analysis of recent analyst actions unveils how financial experts perceive Pinnacle Finl Partners. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Ben Gerlinger Citigroup Raises Buy $132.00 $123.00
Jared Shaw Barclays Raises Overweight $135.00 $120.00
Vilas Abraham UBS Raises Neutral $133.00 $97.00
Jared Shaw Barclays Raises Equal-Weight $120.00 $108.00
Catherine Mealor Keefe, Bruyette & Woods Raises Market Perform $135.00 $115.00
Steven Shaw Wells Fargo Raises Equal-Weight $120.00 $104.00
Brett Rabatin Hovde Group Announces Market Perform $135.00 -
Brandon King Truist Securities Raises Buy $119.00 $113.00
Ben Gerlinger Citigroup Raises Buy $123.00 $113.00
Russell Gunther Stephens & Co. Raises Overweight $120.00 $108.00
Steven Shaw Wells Fargo Raises Equal-Weight $104.00 $100.00
Jared Shaw Barclays Raises Equal-Weight $108.00 $101.00

Key Insights:

  • Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Pinnacle Finl Partners. This offers insight into analysts' perspectives on the current state of the company.
  • Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Pinnacle Finl Partners compared to the broader market.
  • Price Targets: Gaining insights, analysts provide estimates for the future value of Pinnacle Finl Partners's stock. This comparison reveals trends in analysts' expectations over time.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Pinnacle Finl Partners's market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on Pinnacle Finl Partners analyst ratings.

All You Need to Know About Pinnacle Finl Partners

Pinnacle Financial Partners Inc is a financial holding company. The company operates through its wholly-owned subsidiary, Pinnacle Bank. The bank provides a full range of lending products, including commercial, real estate, and consumer loans to individuals and small to medium-sized businesses. Pinnacle operates as a community bank mainly in the urban markets of Nashville, Knoxville, Memphis, and Chattanooga, Tennessee, as well as surrounding counties. It relies heavily on mergers and acquisitions. A majority of its loan portfolio is in commercial loans, mainly real estate, as well as industrial loans. The bank generates a majority of its net revenue through net interest income.

Financial Milestones: Pinnacle Finl Partners's Journey

Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.

Revenue Growth: Pinnacle Finl Partners displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 16.61%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Financials sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 35.03%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): Pinnacle Finl Partners's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 2.36%, the company may face hurdles in achieving optimal financial returns.

Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 0.29%, the company showcases effective utilization of assets.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.42.

Understanding the Relevance of Analyst Ratings

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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