S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
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NASDAQ:PFG

Principal Financial Group Stock Forecast, Price & News

$53.46
-0.02 (-0.04 %)
(As of 01/22/2021 12:00 AM ET)
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Today's Range
$52.55
Now: $53.46
$53.70
50-Day Range
$47.40
MA: $50.01
$54.32
52-Week Range
$23.31
Now: $53.46
$57.00
Volume1.23 million shs
Average Volume1.33 million shs
Market Capitalization$14.69 billion
P/E Ratio12.12
Dividend Yield4.19%
Beta1.64
Principal Financial Group, Inc. provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments. The Retirement and Income Solutions segment provides a portfolio of asset accumulation products and services for retirement savings and income. It offers products and services for defined contribution plans, including 401(k) and 403(b) plans, defined benefit pension plans, nonqualified executive benefit plans, employee stock ownership plans, and pension risk transfer services; individual retirement accounts and payroll deduction plans; investment only products; and mutual funds, individual annuities, and bank products. The Principal Global Investors segment provides equity, fixed income, real estate, and other alternative investments, as well as asset allocation, stable value management, and other structured investment strategies. The Principal International segment offers pension accumulation and income annuity products, mutual funds, asset management, and life insurance accumulation products, as well as voluntary savings plans in Brazil, Chile, Mexico, China, Hong Kong Special Administrative Region, India, and Southeast Asia. The U.S. Insurance Solutions segment provides specialty benefits, such as group dental and vision insurance, group life insurance, and group and individual disability insurance, as well as administers group dental, disability, and vision benefits; and individual life insurance products comprising universal, variable universal, indexed universal, and term life insurance products in the United States. It also offers insurance solutions for small and medium-sized businesses and their owners, as well as executives. Principal Financial Group, Inc. was founded in 1879 and is based in Des Moines, Iowa.
Principal Financial Group logo

MarketRank

Overall MarketRank

2.16 out of 5 stars

Finance Sector

152nd out of 1,933 stocks

Accident & Health Insurance Industry

2nd out of 6 stocks

Analyst Opinion: 1.2Community Rank: 1.5Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Accident & health insurance
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:PFG
CUSIPN/A
CIKN/A
Phone515-247-5111
Employees17,601

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$16.22 billion
Cash Flow$7.92 per share
Book Value$52.89 per share

Profitability

Net Income$1.39 billion

Miscellaneous

Market Cap$14.69 billion
Next Earnings Date1/28/2021 (Confirmed)
OptionableOptionable
$53.46
-0.02 (-0.04 %)
(As of 01/22/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Principal Financial Group (NASDAQ:PFG) Frequently Asked Questions

How has Principal Financial Group's stock been impacted by Coronavirus (COVID-19)?

Principal Financial Group's stock was trading at $35.92 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PFG shares have increased by 48.8% and is now trading at $53.46.
View which stocks have been most impacted by COVID-19
.

Is Principal Financial Group a buy right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Principal Financial Group in the last year. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Principal Financial Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PFG, but not buy additional shares or sell existing shares.
View analyst ratings for Principal Financial Group
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Principal Financial Group?

Wall Street analysts have given Principal Financial Group a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Principal Financial Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Doug Parker's approval rating as Principal Financial Group's CEO?

1,448 employees have rated Principal Financial Group CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 60% among Principal Financial Group's employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

When is Principal Financial Group's next earnings date?

Principal Financial Group is scheduled to release its next quarterly earnings announcement on Thursday, January 28th 2021.
View our earnings forecast for Principal Financial Group
.

How can I listen to Principal Financial Group's earnings call?

Principal Financial Group will be holding an earnings conference call on Thursday, January 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Principal Financial Group's earnings last quarter?

Principal Financial Group, Inc. (NASDAQ:PFG) posted its earnings results on Monday, October, 26th. The company reported $0.85 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.47 by $0.62. The firm had revenue of $3.29 billion for the quarter, compared to the consensus estimate of $3.62 billion. Principal Financial Group had a net margin of 8.15% and a return on equity of 9.22%.
View Principal Financial Group's earnings history
.

How often does Principal Financial Group pay dividends? What is the dividend yield for Principal Financial Group?

Principal Financial Group declared a quarterly dividend on Monday, October 26th. Investors of record on Wednesday, December 2nd will be given a dividend of $0.56 per share on Monday, December 21st. This represents a $2.24 dividend on an annualized basis and a yield of 4.19%. The ex-dividend date of this dividend is Tuesday, December 1st.
View Principal Financial Group's dividend history
.

Is Principal Financial Group a good dividend stock?

Principal Financial Group pays an annual dividend of $2.24 per share and currently has a dividend yield of 4.19%. PFG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Principal Financial Group is 40.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Principal Financial Group will have a dividend payout ratio of 35.61% next year. This indicates that Principal Financial Group will be able to sustain or increase its dividend.
View Principal Financial Group's dividend history.

How will Principal Financial Group's stock buyback program work?

Principal Financial Group declared that its board has initiated a stock buyback plan on Tuesday, February 25th 2020, which authorizes the company to buyback $900,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 6% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board believes its stock is undervalued.

What price target have analysts set for PFG?

9 brokerages have issued 12-month price targets for Principal Financial Group's stock. Their forecasts range from $38.00 to $60.00. On average, they expect Principal Financial Group's stock price to reach $49.25 in the next twelve months. This suggests that the stock has a possible downside of 7.9%.
View analysts' price targets for Principal Financial Group
or view Wall Street analyst' top-rated stocks.

Are investors shorting Principal Financial Group?

Principal Financial Group saw a decrease in short interest during the month of December. As of December 31st, there was short interest totaling 2,180,000 shares, a decrease of 17.7% from the December 15th total of 2,650,000 shares. Based on an average daily trading volume, of 1,530,000 shares, the short-interest ratio is presently 1.4 days. Currently, 0.8% of the company's shares are short sold.
View Principal Financial Group's Short Interest
.

Who are some of Principal Financial Group's key competitors?

Who are Principal Financial Group's key executives?

Principal Financial Group's management team includes the following people:
  • Mr. Daniel Joseph Houston, Chairman, CEO & Pres (Age 59, Pay $4.5M)
  • Ms. Deanna Dawnette Strable-Soethout, Exec. VP & CFO (Age 52, Pay $1.67M)
  • Mr. Luis Eduardo Valdés, Pres & CEO of Principal International, Inc. (Age 63, Pay $1.33M)
  • Mr. Patrick Gregory Halter, Pres of Principal Global Asset Management, CEO & Pres of Principal Global Investors (Age 61, Pay $2.66M)
  • Ms. Kathleen B. Kay, Sr. VP & Chief Information Officer
  • Mr. John Egan, VP of Investor Relations (Age 59)
  • Ms. Elizabeth B. Happe, Sr. VP & Chief Compliance Officer
  • Mr. Christopher James Littlefield, Exec. VP, Gen. Counsel & Sec. (Age 54)
  • Ms. Beth Wood, Sr. VP & Chief Marketing Officer
  • Mr. Jon N. Couture, Sr. VP & Chief HR Officer (Age 55)

What is Principal Financial Group's stock symbol?

Principal Financial Group trades on the NASDAQ under the ticker symbol "PFG."

Who are Principal Financial Group's major shareholders?

Principal Financial Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.17%), Denali Advisors LLC (0.04%), Sound Income Strategies LLC (0.03%), Beacon Financial Group (0.02%), State of Alaska Department of Revenue (0.02%) and Unison Advisors LLC (0.02%). Company insiders that own Principal Financial Group stock include Daniel Gelatt, Deanna D Strable-Soethout, Julia M Lawler and Luis E Valdes.
View institutional ownership trends for Principal Financial Group
.

Which major investors are selling Principal Financial Group stock?

PFG stock was sold by a variety of institutional investors in the last quarter, including Candriam Luxembourg S.C.A., Crossmark Global Holdings Inc., Denali Advisors LLC, Sowell Financial Services LLC, Cypress Capital Group, Pacer Advisors Inc., Bowling Portfolio Management LLC, and Beacon Financial Group. Company insiders that have sold Principal Financial Group company stock in the last year include Deanna D Strable-Soethout, and Julia M Lawler.
View insider buying and selling activity for Principal Financial Group
or view top insider-selling stocks.

Which major investors are buying Principal Financial Group stock?

PFG stock was bought by a variety of institutional investors in the last quarter, including Sound Income Strategies LLC, Kestra Advisory Services LLC, Foster Group Inc., OLD National Bancorp IN, SevenBridge Financial Group LLC, Wedge Capital Management L L P NC, Tuttle Tactical Management, and Kinloch Capital LLC.
View insider buying and selling activity for Principal Financial Group
or or view top insider-buying stocks.

How do I buy shares of Principal Financial Group?

Shares of PFG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Principal Financial Group's stock price today?

One share of PFG stock can currently be purchased for approximately $53.46.

How big of a company is Principal Financial Group?

Principal Financial Group has a market capitalization of $14.69 billion and generates $16.22 billion in revenue each year. The company earns $1.39 billion in net income (profit) each year or $5.58 on an earnings per share basis. Principal Financial Group employs 17,601 workers across the globe.

What is Principal Financial Group's official website?

The official website for Principal Financial Group is www.principal.com.

How can I contact Principal Financial Group?

Principal Financial Group's mailing address is 711 HIGH STREET, DES MOINES IA, 50392. The company can be reached via phone at 515-247-5111 or via email at [email protected]

This page was last updated on 1/24/2021 by MarketBeat.com Staff

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