With 0.68 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.49 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $100.675 whereas the lowest price it dropped to was $95.03. The 52-week range on PNFP shows that it touched its highest point at $99.90 and its lowest point at $59.66 during that stretch. It currently has a 1-year price target of $102.92. With its current market cap of 7.52 billion, PNFP has annualized dividend of $0.88 while the current yield stands at 0.90%. Beta for the stock currently stands at 1.05.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PNFP was up-trending over the past week, with a rise of 7.50%, but this was up by 4.18% over a month. Three-month performance surged to 27.65% while six-month performance rose 21.56%. The stock gained 46.63% in the past year, while it has gained 11.63% so far this year. A look at the trailing 12-month EPS for PNFP yields 5.09 with Next year EPS estimates of 7.97. For the next quarter, that number is 1.78. This implies an EPS growth rate of -3.45% for this year and 18.05% for next year. EPS is expected to grow by 32.20% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 8.99%.
Float and Shares Shorts:
At present, 76.77 million PNFP shares are outstanding with a float of 75.58 million shares on hand for trading. On 2024-08-30, short shares totaled 1.76 million, which was 227.0 higher than short shares on 1722384000. In addition to Mr. Robert A. McCabe Jr. as the firm’s Co-Founder & Chairman, Mr. Michael Terry Turner serves as its President, CEO & Director.
Institutional Ownership:
Through their ownership of 0.87984 of PNFP’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PNFP since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
