| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
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| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
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| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
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Providing a diverse range of perspectives from bullish to bearish, 4 analysts have published ratings on Pinnacle Finl Partners (NASDAQ:PNFP) in the last three months.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 1 | 2 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 1 | 0 | 1 | 0 | 0 |
| 2M Ago | 0 | 0 | 1 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $96.5, a high estimate of $109.00, and a low estimate of $85.00. This upward trend is evident, with the current average reflecting a 6.63% increase from the previous average price target of $90.50.
The analysis of recent analyst actions sheds light on the perception of Pinnacle Finl Partners by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Matt Olney | Stephens & Co. | Maintains | Overweight | $109.00 | - |
| Casey Haire | Jefferies | Lowers | Hold | $85.00 | $88.00 |
| Brandon King | Truist Securities | Raises | Buy | $99.00 | $93.00 |
| Jared Shaw | Barclays | Announces | Equal-Weight | $93.00 | - |
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.
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.
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Pinnacle Finl Partners's revenue growth over a period of 3 months has faced challenges. As of 31 December, 2023, the company experienced a revenue decline of approximately -33.55%. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Net Margin: Pinnacle Finl Partners's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 39.49%, the company showcases strong profitability and effective cost management.
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 1.59%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Pinnacle Finl Partners's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.19%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Pinnacle Finl Partners's debt-to-equity ratio is below the industry average at 0.44, reflecting a lower dependency on debt financing and a more conservative financial approach.
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.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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