Pinnacle Financial Partners Inc (NASDAQ: PNFP): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

PNFP belongs to the Financial sector of the NASDAQ while operating in the Banks – Regional industry. The current market capitalization of Pinnacle Financial Partners Inc is $9.26B. A total of 0.84 million shares were traded on the day, compared to an average of 470.97K shares.

In the most recent transaction, CARPENTER HAROLD R sold 3,051 shares of PNFP for 125.57 per share on Dec 09 ’24. After the transaction, the EVP & CFO now owns 60,805 company shares. In a previous transaction on Dec 06 ’24, INGRAM DAVID B sold 20,000 shares at 126.02 per share. PNFP shares that Director owns now total 92,565.

Among the insiders who sold shares, INGRAM DAVID B disposed of 3,610 shares on Dec 09 ’24 at a per-share price of $126.07. This resulted in the Director holding 139,489 shares of PNFP after the transaction. In another insider transaction, CALLICUTT RICHARD D II sold 4,913 shares at $125.66 per share on Dec 06 ’24. Company shares held by the Chairman-Carolinas & Virginia now total 0.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Pinnacle Financial Partners Inc pays an annual dividend of $0.88, resulting in a dividend yield of 0.73%, and it has a price to earnings (P/E) ratio of 22.78. PNFP’s most recent ex-dividend date was 0.83% when it declared a $0.22 quarterly dividend that was paid in cash on 11/1/2024. Previously, the company paid the dividend on 8/2/2024 with an ex-dividend date of 0.9%. The PNFP stock dividend was $0.22 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, PNFP has a high of $131.91 and a low of $73.62.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. Its Book Value Per Share was $79.33, while its Total Shareholder’s Equity was $5.31B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PNFP is Buy with a score of 3.91.

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