With 0.57 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 $124.785 whereas the lowest price it dropped to was $121.6. The 52-week range on PNFP shows that it touched its highest point at $131.91 and its lowest point at $73.62 during that stretch. It currently has a 1-year price target of $131.70. With its current market cap of 9.45 billion, PNFP has annualized dividend of $0.88 while the current yield stands at 0.72%. PNFP paid its most recent dividend on 1730419200, while the ex-dividend date for that was 1730419200. Beta for the stock currently stands at 1.09.
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 1.98%, but this was up by 10.27% over a month. Three-month performance surged to 20.21% while six-month performance rose 26.62%. The stock gained 39.39% in the past year, while it has gained 6.95% so far this year. A look at the trailing 12-month EPS for PNFP yields 5.99 with Next year EPS estimates of 9.10. For the next quarter, that number is 1.78. This implies an EPS growth rate of 11.74% for this year and 18.17% for next year. EPS is expected to grow by 6.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 2.68%.
Float and Shares Shorts:
At present, 77.20 million PNFP shares are outstanding with a float of 75.84 million shares on hand for trading. On 2024-12-31, short shares totaled 1.58 million, which was 203.99998999999997 higher than short shares on 1732838400. 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 0.89333 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 7 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With PNFP analysts setting a high price target of 148.0 and a low target of 120.0, the average target price over the next 12 months is 133.3. Based on these targets, PNFP could surge 20.97% to reach the target high and fall by -1.91% to reach the target low. Reaching the average price target will result in a growth of 8.96% from current levels.
Analysts have provided yearly estimates in a range of $6.78983 being high and $6.72045 being low. For PNFP, this leads to a yearly average estimate of $6.74027. Based on analyst estimates, the high estimate for the next quarter is $1.97 and the low estimate is $1.76. The average estimate for the next quarter is thus $1.88.
