Pinnacle Financial Partners Inc

Company Profile

Pinnacle Financial Partners Inc had its IPO on 2000-08-22 under the ticker symbol PNFP.

The company operates in the Financial Services sector and Banks-Regional industry. Pinnacle Financial Partners Inc has a staff strength of 3,309 employees.

Stock update

Shares of Pinnacle Financial Partners Inc opened at $68.29 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $67.42 - $69.3, and closed at $68.55.

This is a +0.57% increase from the previous day's closing price.

A total volume of 369,569 shares were traded at the close of the day’s session.

In the last one week, shares of Pinnacle Financial Partners Inc have slipped by -0.54%.

Pinnacle Financial Partners Inc's Key Ratios

Pinnacle Financial Partners Inc has a market cap of $5.26 billion, indicating a price to book ratio of 1.1199 and a price to sales ratio of 3.8671.

In the last 12-months Pinnacle Financial Partners Inc’s revenue was $1.60 billion with a gross profit of $1.48 billion and an EBITDA of $0. The EBITDA ratio measures Pinnacle Financial Partners Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Pinnacle Financial Partners Inc’s operating margin was 48.96% while its return on assets stood at 1.43% with a return of equity of 11.13%.

In Q2, Pinnacle Financial Partners Inc’s quarterly earnings growth was a positive 36.6% while revenue growth was a positive 21.3%.

Pinnacle Financial Partners Inc’s PE and PEG Ratio

Forward PE

9.1996

Trailing PE

8.6168

PEG

0.6

Its diluted EPS in the last 12-months stands at $7.96 per share while it has a forward price to earnings multiple of 9.1996 and a PEG multiple of 0.6. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Pinnacle Financial Partners Inc’s profitability.

Pinnacle Financial Partners Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 3.8671.

Pinnacle Financial Partners Inc stock pays annual dividends of $0.88 per share, indicating a yield of 1.3% and a payout ratio of 12.19%.

Balance sheet and cash flow metrics

Total Assets

$46.88 billion

Total Liabilities

$53.85 million

Operating Cash Flow

$-462534000.00

Capital Expenditure

$11.04 million

Dividend Payout Ratio

12.19%

Pinnacle Financial Partners Inc ended 2024 with $46.88 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $46.88 billion while shareholder equity stood at $5.84 billion.

Pinnacle Financial Partners Inc ended 2024 with $0 in deferred long-term liabilities, $53.85 million in other current liabilities, 76740000.00 in common stock, $2.63 billion in retained earnings and $1.85 billion in goodwill. Its cash balance stood at $3.81 billion and cash and short-term investments were $7.40 billion. The company’s total short-term debt was $0 while long-term debt stood at $2.63 billion.

Pinnacle Financial Partners Inc’s total current assets stands at $7.57 billion while long-term investments were $7.09 billion and short-term investments were $3.59 billion. Its net receivables were $164.85 million compared to accounts payable of $53.85 million and inventory worth $0.

In 2024, Pinnacle Financial Partners Inc's operating cash flow was $-462534000.00 while its capital expenditure stood at $11.04 million.

Comparatively, Pinnacle Financial Partners Inc paid $0.12 in dividends in 2024.

Other key metrics

Current Trading Price

$68.55

52-Week High

$87.839

52-Week Low

$43.1804

Analyst Target Price

$78.22

Pinnacle Financial Partners Inc stock is currently trading at $68.55 per share. It touched a 52-week high of $87.839 and a 52-week low of $87.839. Analysts tracking the stock have a 12-month average target price of $78.22.

Its 50-day moving average was $67.68 and 200-day moving average was $64.52 The short ratio stood at 3.21 indicating a short percent outstanding of 0%.

Around 220.7% of the company’s stock are held by insiders while 8272.3% are held by institutions.