With 0.59 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.42 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $84.61 whereas the lowest price it dropped to was $83.261. The 52-week range on PNFP shows that it touched its highest point at $92.33 and its lowest point at $46.05 during that stretch. It currently has a 1-year price target of $96.58. With its current market cap of 6.42 billion, PNFP has annualized dividend of $0.88 while the current yield stands at 1.06%. PNFP paid its most recent dividend on 1714608000, while the ex-dividend date for that was 1714608000. 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 8.59%, but this was down by -0.01% over a month. Three-month performance surged to 3.56% while six-month performance rose 21.08%. The stock gained 68.03% in the past year, while it has lost -4.51% so far this year. A look at the trailing 12-month EPS for PNFP yields 6.99 with Next year EPS estimates of 8.01. For the next quarter, that number is 1.61. This implies an EPS growth rate of -2.63% for this year and 17.75% 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 75.42 million shares on hand for trading. On 2024-04-15, short shares totaled 1.7 million, which was 219.99999999999997 higher than short shares on 1710460800. 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 0.89678 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.
