NASDAQ:PFG

Principal Financial Group Stock Forecast, Price & News

$62.47
-0.08 (-0.13 %)
(As of 07/28/2021 12:00 AM ET)
Add
Compare
Today's Range
$61.32
$63.86
50-Day Range
$59.20
$66.23
52-Week Range
$37.03
$67.97
Volume1.69 million shs
Average Volume1.48 million shs
Market Capitalization$16.99 billion
P/E Ratio10.64
Dividend Yield3.90%
Beta1.63
30 days | 90 days | 365 days | Advanced Chart
Receive PFG News and Ratings via Email

Sign-up to receive the latest news and ratings for Principal Financial Group and its competitors with MarketBeat's FREE daily newsletter.


Principal Financial Group logo

About Principal Financial Group

Principal Financial Group, Inc. is a financial company, which offers financial products and services to businesses, individuals and institutional clients. It specializes in retirement solutions, insurance, and investment products through its diverse family of financial services companies and national network of financial professionals. It operates its business through following segments: Retirement and Income Solutions, Principal Global Investors, Principal International, U.S. Insurance Solutions and Corporate. The Retirement and Income Solutions segment provides retirement and related financial products and services primarily to businesses, their employees and other individuals. The Principal Global Investors segment provides asset management services to asset accumulation business, insurance operations, corporate segment and third party clients and also refers to mutual fund business. The Principal International segment offers pension accumulation products and services, mutual funds, asset management, income annuities and life insurance accumulation products. The U.S. Insurance Solutions segment operates through two divisions. Specialty benefits insurance division consists of group dental and vision insurance, individual and group disability insurance, group life insurance and non-medical fee-for-service claims administration. Individual life insurance division provides solutions for small & medium-sized businesses. The Corporate segment manages the assets representing capital that has not been allocated to any other segment. The company was founded by Edward A. Temple in 1879 and is headquartered in Des Moines, IA.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

2.32 out of 5 stars

Finance Sector

222nd out of 2,033 stocks

Accident & Health Insurance Industry

2nd out of 6 stocks

Analyst Opinion: 1.1Community Rank: 1.7Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 3.8 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Principal Financial Group (NASDAQ:PFG) Frequently Asked Questions

Is Principal Financial Group a buy right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Principal Financial Group in the last twelve months. There are currently 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research 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 top-rated stocks.

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 buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Principal Financial Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Principal Financial Group?

Principal Financial Group saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 4,070,000 shares, an increase of 28.4% from the June 15th total of 3,170,000 shares. Based on an average daily volume of 1,330,000 shares, the days-to-cover ratio is presently 3.1 days. Approximately 1.5% of the company's stock are sold short.
View Principal Financial Group's Short Interest
.

When is Principal Financial Group's next earnings date?

Principal Financial Group is scheduled to release its next quarterly earnings announcement on Monday, October 25th 2021.
View our earnings forecast for Principal Financial Group
.

How were Principal Financial Group's earnings last quarter?

Principal Financial Group, Inc. (NASDAQ:PFG) posted its quarterly earnings data on Tuesday, July, 27th. The company reported $1.70 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.53 by $0.17. Principal Financial Group had a trailing twelve-month return on equity of 9.32% and a net margin of 12.12%. During the same period last year, the company earned $1.46 earnings per share.
View Principal Financial Group's earnings history
.

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

Principal Financial Group's stock was trading at $35.92 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PFG stock has increased by 73.9% and is now trading at $62.47.
View which stocks have been most impacted by COVID-19
.

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 Wednesday, July 28th. Shareholders of record on Wednesday, September 1st will be given a dividend of $0.63 per share on Friday, September 24th. This represents a $2.52 annualized dividend and a yield of 4.03%. The ex-dividend date is Tuesday, August 31st. This is a positive change from Principal Financial Group's previous quarterly dividend of $0.61.
View Principal Financial Group's dividend history
.

Is Principal Financial Group a good dividend stock?

Principal Financial Group pays an annual dividend of $2.44 per share and currently has a dividend yield of 3.90%. Principal Financial Group does not yet have a strong track record of dividend growth. The dividend payout ratio of Principal Financial Group is 49.39%. 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 35.06% 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 announced that its Board of Directors has initiated a share repurchase program on Tuesday, February 25th 2020, which permits the company to buyback $900,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 6% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its shares are undervalued.

What price target have analysts set for PFG?

8 analysts have issued twelve-month price objectives for Principal Financial Group's stock. Their forecasts range from $41.00 to $82.00. On average, they expect Principal Financial Group's stock price to reach $63.67 in the next twelve months. This suggests a possible upside of 1.9% from the stock's current price.
View analysts' price targets for Principal Financial Group
or view top-rated stocks among Wall Street analysts.

Who are Principal Financial Group's key executives?

Principal Financial Group's management team includes the following people:
  • Daniel Joseph Houston, Chairman, President & Chief Executive Officer
  • Deanna D. Strable-Soethout, Chief Financial Officer & Executive Vice President
  • Kathleen B. Kay, Chief Information Officer
  • Elizabeth B. Happe, Chief Compliance Officer & Senior Vice President
  • Christopher J. Littlefield, Secretary, Executive VP & General Counsel

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

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 a number of institutional and retail investors. Top institutional investors include Sound Income Strategies LLC (0.05%), Oregon Public Employees Retirement Fund (0.03%), State of Alaska Department of Revenue (0.02%), IFM Investors Pty Ltd (0.02%), Hohimer Wealth Management LLC (0.01%) and New Mexico Educational Retirement Board (0.01%). Company insiders that own Principal Financial Group stock include Daniel Gelatt, Deanna D Strable-Soethout, Elizabeth E Tallett, Julia M Lawler and Timothy Mark Dunbar.
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 State of Alaska Department of Revenue, Oregon Public Employees Retirement Fund, and Focused Wealth Management Inc. Company insiders that have sold Principal Financial Group company stock in the last year include Deanna D Strable-Soethout, Elizabeth E Tallett, Julia M Lawler, and Timothy Mark Dunbar.
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, CHICAGO TRUST Co NA, IFM Investors Pty Ltd, Centennial Wealth Advisory LLC, Clean Yield Group, New Mexico Educational Retirement Board, Archford Capital Strategies LLC, and Hohimer Wealth Management 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.
Compare Top Brokerages Here.

What is Principal Financial Group's stock price today?

One share of PFG stock can currently be purchased for approximately $62.47.

How much money does Principal Financial Group make?

Principal Financial Group has a market capitalization of $16.99 billion and generates $14.74 billion in revenue each year. The company earns $1.40 billion in net income (profit) each year or $4.94 on an earnings per share basis.

How many employees does Principal Financial Group have?

Principal Financial Group employs 17,400 workers across the globe.

What is Principal Financial Group's official website?

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

Where are Principal Financial Group's headquarters?

Principal Financial Group is headquartered at 711 HIGH STREET, DES MOINES IA, 50392.

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 7/28/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.