Pinnacle Financial Partners, Inc. (NYSE:PNFP) Stock Has Consensus Price Target of $118.47 According to Brokerages

Posted by Geri Gentry on Oct 21st, 2026

Shares of Pinnacle Financial Partners, Inc. (NYSE:PNFP – Get Free Report) have earned an average rating of “Moderate Buy” from the twenty-one research firms that are covering the firm, Marketbeat reports. Three analysts have rated the stock with a hold recommendation, sixteen have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $118.47.

A number of equities research analysts have issued reports on PNFP shares. Evercore set a $108.00 target price on shares of Pinnacle Financial Partners in a research report on Thursday, October 1st. Weiss Ratings upgraded Pinnacle Financial Partners from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Piper Sandler upped their target price on Pinnacle Financial Partners from $123.00 to $125.00 and gave the stock an “overweight” rating in a research report on Friday, October 2nd. JPMorgan Chase & Co. cut their price target on Pinnacle Financial Partners from $120.00 to $115.00 and set an “overweight” rating for the company in a research note on Thursday, October 1st. Finally, Hovde Group started coverage on Pinnacle Financial Partners in a report on Wednesday, September 16th. They set an “outperform” rating and a $125.00 price target for the company.

View Our Latest Analysis on PNFP

Pinnacle Financial Partners Price Performance

PNFP opened at $95.36 on Wednesday. The firm has a market capitalization of $7.40 billion, a P/E ratio of 9.99, a PEG ratio of 0.38 and a beta of 1.03. The stock has a fifty day moving average of $98.26 and a 200-day moving average of $98.09. The company has a quick ratio of 0.93, a current ratio of 0.94 and a debt-to-equity ratio of 0.73. Pinnacle Financial Partners has a 12-month low of $81.08 and a 12-month high of $110.33.

Pinnacle Financial Partners (NYSE:PNFP – Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The company reported $2.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.46 by $0.04. The business had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.24 billion. Pinnacle Financial Partners had a net margin of 15.40% and a return on equity of 10.93%. Equities analysts forecast that Pinnacle Financial Partners will post 10.20 EPS for the current fiscal year.

Pinnacle Financial Partners Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 7th were issued a $0.50 dividend. The ex-dividend date was Friday, August 7th. This represents a $2.00 dividend on an annualized basis and a yield of 2.1%. Pinnacle Financial Partners’s dividend payout ratio is currently 27.47%.

Insider Buying and Selling at Pinnacle Financial Partners

In other Pinnacle Financial Partners news, CEO Kevin Blair acquired 2,565 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The shares were purchased at an average price of $97.48 per share, with a total value of $250,036.20. Following the completion of the transaction, the chief executive officer owned 152,397 shares in the company, valued at $14,855,659.56. The trade was a 1.71% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Robert McCabe, Jr. acquired 10,013 shares of Pinnacle Financial Partners stock in a transaction that occurred on Friday, July 24th. The stock was acquired at an average cost of $99.90 per share, with a total value of $1,000,298.70. Following the purchase, the insider owned 324,233 shares in the company, valued at $32,390,876.70. The trade was a 3.19% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders bought 13,078 shares of company stock worth $1,299,640 and sold 177,228 shares worth $19,153,713. 1.30% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Pinnacle Financial Partners

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Robeco Institutional Asset Management B.V. raised its position in shares of Pinnacle Financial Partners by 1.8% during the third quarter. Robeco Institutional Asset Management B.V. now owns 48,172 shares of the company’s stock worth $4,509,000 after acquiring an additional 842 shares during the last quarter. 1834 Investment Advisors Co. boosted its stake in shares of Pinnacle Financial Partners by 28.3% in the 3rd quarter. 1834 Investment Advisors Co. now owns 4,891 shares of the company’s stock valued at $458,000 after purchasing an additional 1,080 shares during the last quarter. Community Trust & Investment Co. boosted its stake in shares of Pinnacle Financial Partners by 3.3% in the 3rd quarter. Community Trust & Investment Co. now owns 159,513 shares of the company’s stock valued at $14,932,000 after purchasing an additional 5,050 shares during the last quarter. Assenagon Asset Management S.A. acquired a new stake in shares of Pinnacle Financial Partners during the 3rd quarter worth approximately $3,183,000. Finally, Reliant Investment Management LLC acquired a new stake in shares of Pinnacle Financial Partners during the 3rd quarter worth approximately $5,777,000. Institutional investors and hedge funds own 87.40% of the company’s stock.

About Pinnacle Financial Partners

(Get Free Report)

Pinnacle Financial Partners, Inc is a bank holding company headquartered in Nashville, Tennessee. Through its primary subsidiary, Pinnacle Bank, the company provides banking and financial services to businesses, professionals, entrepreneurs and individuals.

Its offerings include commercial and consumer loans, deposit accounts, treasury and cash-management services, mortgage lending, investment and wealth-management services, trust services and insurance solutions. Pinnacle emphasizes relationship-based banking and serves clients through offices and financial professionals in Tennessee and selected markets in the Carolinas and Virginia.

Founded in 2000, Pinnacle has expanded from its Nashville base into a broader regional banking franchise through organic growth and acquisitions.