The Analyst Verdict: Pinnacle Finl Partners In The Eyes Of 9 Experts

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Ratings for Pinnacle Finl Partners PNFP were provided by 9 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 3 5 0 0
Last 30D 0 1 0 0 0
1M Ago 1 1 0 0 0
2M Ago 0 1 4 0 0
3M Ago 0 0 1 0 0

Analysts have set 12-month price targets for Pinnacle Finl Partners, revealing an average target of $132.22, a high estimate of $142.00, and a low estimate of $120.00. This upward trend is evident, with the current average reflecting a 11.47% increase from the previous average price target of $118.62.

price target chart

Exploring Analyst Ratings: An In-Depth Overview

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
Russell Gunther Stephens & Co. Maintains Overweight $142.00 $142.00
Anthony Elian JP Morgan Lowers Overweight $138.00 $140.00
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 -

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Pinnacle Finl Partners. This information offers a snapshot of how analysts perceive 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: Analysts predict movements in price targets, offering estimates for Pinnacle Finl Partners's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Pinnacle Finl Partners's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Pinnacle Finl Partners analyst ratings.

Unveiling the Story Behind 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.

Pinnacle Finl Partners: A Financial Overview

Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: Pinnacle Finl Partners's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 16.61%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Financials sector.

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 falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 2.36%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): Pinnacle Finl Partners's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.29%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: With a below-average debt-to-equity ratio of 0.42, Pinnacle Finl Partners adopts a prudent financial strategy, indicating a balanced approach to debt management.

What Are 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.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

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Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

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

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