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Lowest-Rated StocksLowest-Rated
NYSE:PFG

Principal Financial Group (PFG) Stock Forecast, Price & News

$75.31
-1.72 (-2.23%)
(As of 09/21/2023 ET)
Compare
Today's Range
$75.29
▼
$76.72
50-Day Range
$74.68
▼
$83.20
52-Week Range
$65.17
▼
$96.17
Volume
757,991 shs
Average Volume
1.47 million shs
Market Capitalization
$18.20 billion
P/E Ratio
11.64
Dividend Yield
3.45%
Price Target
$76.54
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media

Principal Financial Group MarketRank™ Forecast

Analyst Rating
Reduce
1.62 Rating Score
Upside/​Downside
1.6% Upside
$76.54 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.59mentions of Principal Financial Group in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
15.15%
From $6.47 to $7.45 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.92 out of 5 stars

Finance Sector

652nd out of 837 stocks

Accident & Health Insurance Industry

4th out of 4 stocks

See Top Rated MarketRank™ Stocks Here

PFG stock logo

About Principal Financial Group (NYSE:PFG) Stock

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 retirement, and related financial products and services. It offers products and services for defined contribution plans, including 401(k) and 403(b) plans, defined benefit plans, nonqualified executive benefit plans, employee stock ownership plans, equity compensation, and pension risk transfer services; individual retirement accounts; investment only products; and mutual funds, individual variable annuities, and bank products, as well as trust and custody services. 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 products and services, mutual funds, asset management, income annuities, and life insurance accumulation products, as well as voluntary savings plans in Brazil, Chile, Mexico, China, Hong Kong Special Administrative Region, 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.

PFG Price History

PFG Stock News Headlines

September 21, 2023 | finance.yahoo.com
The Gender Gap is Still Very Real in Workplace Financial Wellness Programs
September 18, 2023 | finance.yahoo.com
How To Use the Arts To Boost Communities
September 21, 2023 | Chaikin Analytics (Ad)
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
September 17, 2023 | americanbankingnews.com
Principal Financial Group (NYSE:PFG) and Aflac (NYSE:AFL) Head to Head Contrast
September 16, 2023 | americanbankingnews.com
Financial Analysis: Principal Financial Group (NYSE:PFG) and CNO Financial Group (NYSE:CNO)
September 16, 2023 | americanbankingnews.com
Principal Financial Group (NYSE:PFG) PT Lowered to $66.00
September 15, 2023 | americanbankingnews.com
Principal Financial Group (NYSE:PFG) versus Unum Group (NYSE:UNM) Financial Analysis
September 14, 2023 | finance.yahoo.com
2023 Principal(R) Charity Classic Propels Tournament to More Than $50 Million Raised for Iowa Kids Since 2007
September 21, 2023 | The Oxford Club (Ad)
Unusual Passive Income Investment (Found on a Golf Course)
One man turned $1,000 into a decades long passive income stream... eventually reaching $100,000 per year! All from a single golf course tip. CLICK HERE TO FIND OUT HOW HE DID IT
September 14, 2023 | americanbankingnews.com
Critical Contrast: Principal Financial Group (NYSE:PFG) versus Aflac (NYSE:AFL)
September 13, 2023 | americanbankingnews.com
Financial Comparison: Principal Financial Group (NYSE:PFG) versus Unum Group (NYSE:UNM)
September 11, 2023 | americanbankingnews.com
Reviewing Principal Financial Group (NYSE:PFG) and Aflac (NYSE:AFL)
September 11, 2023 | americanbankingnews.com
Principal Financial Group (NYSE:PFG) & CNO Financial Group (NYSE:CNO) Critical Analysis
September 7, 2023 | finance.yahoo.com
Reasons to Hold Principal Financial (PFG) Stock Right Now
September 6, 2023 | finance.yahoo.com
2023 Principal® Charity Classic Propels Tournament to More Than $50 Million Raised for Iowa Kids Since 2007
September 5, 2023 | finance.yahoo.com
Principal® Hires Industry Veteran George Maris as CIO, Global Head of Equities
September 1, 2023 | marketwatch.com
Principal Financial Group Inc. stock rises Friday, outperforms market
September 1, 2023 | finance.yahoo.com
Principal Financial Group, Inc. (NASDAQ:PFG) Stock Goes Ex-Dividend In Just Four Days
August 25, 2023 | finance.yahoo.com
Principal Financial Group's (NASDAQ:PFG) Shareholders Will Receive A Bigger Dividend Than Last Year
August 24, 2023 | finance.yahoo.com
Principal Financial Group Inc: A Deep Dive into Its Performance Potential
August 24, 2023 | finance.yahoo.com
Deanna Strable to Speak at Barclays Global Financial Services Conference
August 22, 2023 | finance.yahoo.com
Kimberly Etchings: When Risks Lead to Wins
August 22, 2023 | finance.yahoo.com
Principal Financial Group (NASDAQ:PFG) shareholders have earned a 24% CAGR over the last three years
August 20, 2023 | fool.com
Principal Financial Group (NASDAQ: PFG)
August 17, 2023 | msn.com
Principal Financial Group says any recession will be short and shallow
August 14, 2023 | finance.yahoo.com
How a Community Support Program Gave One Business Owner the Boost She Needed
August 11, 2023 | finance.yahoo.com
The Financial Health of People With Disabilities
See More Headlines
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PFG Company Calendar

Ex-Dividend for 6/30 Dividend
5/31/2023
Dividend Payable
6/30/2023
Last Earnings
7/27/2023
Ex-Dividend for 9/29 Dividend
9/06/2023
Today
9/21/2023
Dividend Payable
9/29/2023
Next Earnings (Confirmed)
10/26/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Accident & health insurance
Sub-Industry
N/A
Sector
Finance
Current Symbol
NYSE:PFG
CUSIP
N/A
CIK
1126328
Web
www.principal.com
Phone
515-247-5111
Fax
302-636-5454
Employees
19,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$76.54
High Stock Price Forecast
$86.00
Low Stock Price Forecast
$65.00
Forecasted Upside/Downside
+1.6%
Consensus Rating
Reduce
Rating Score (0-4)
1.62
Research Coverage
12 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$6.47
Trailing P/E Ratio
11.64
Forward P/E Ratio
11.64
P/E Growth
1.62
Net Income
$4.81 billion
Net Margins
11.52%
Pretax Margin
13.85%
Return on Equity
15.85%
Return on Assets
0.54%

Debt

Debt-to-Equity Ratio
0.38
Current Ratio
0.29
Quick Ratio
0.29

Sales & Book Value

Annual Sales
$17.49 billion
Price / Sales
1.04
Cash Flow
$9.69 per share
Price / Cash Flow
7.77
Book Value
$41.31 per share
Price / Book
1.82

Miscellaneous

Outstanding Shares
241,710,000
Free Float
239,757,000
Market Cap
$18.20 billion
Optionable
Optionable
Beta
1.31
Investing Strategies To Help Grow Your Retirement Income Cover
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Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report

Key Executives

  • Mr. Daniel Joseph Houston (Age 61)
    Chairman, CEO & Pres
    Comp: $4.66M
  • Ms. Deanna Dawnette Strable-Soethout (Age 54)
    Exec. VP & CFO
    Comp: $1.89M
  • Ms. Natalie Lamarque (Age 46)
    EVP, Gen. Counsel & Company Sec.
    Comp: $1.23M
  • Mr. Patrick Gregory Halter (Age 63)
    Pres & CEO of Principal Asset Management
    Comp: $2.67M
  • Ms. Amy Christine Friedrich (Age 52)
    Pres of Benefits & Protection
    Comp: $1.53M
  • Ms. Kathleen B. Kay (Age 60)
    Exec. VP & Chief Information Officer
  • Mr. Humphrey Lee
    VP & Head of Investor Relations
  • Ms. Noreen M. Fierro (Age 58)
    Sr. VP and Enterprise Chief Ethics & Compliance Officer
  • Ms. Bethany A. Wood (Age 59)
    Exec. VP & Chief Marketing Officer
  • Mr. Jon N. Couture (Age 57)
    Exec. VP of Principal Global Services & Chief HR Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













PFG Stock - Frequently Asked Questions

Should I buy or sell Principal Financial Group stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Principal Financial Group in the last twelve months. There are currently 5 sell ratings and 7 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" PFG shares.
View PFG analyst ratings or view top-rated stocks.

What is Principal Financial Group's stock price forecast for 2023?

12 brokers have issued 1 year price objectives for Principal Financial Group's shares. Their PFG share price forecasts range from $65.00 to $86.00. On average, they expect the company's share price to reach $76.54 in the next twelve months. This suggests a possible upside of 1.6% from the stock's current price.
View analysts price targets for PFG or view top-rated stocks among Wall Street analysts.

How have PFG shares performed in 2023?

Principal Financial Group's stock was trading at $83.92 at the beginning of the year. Since then, PFG stock has decreased by 10.3% and is now trading at $75.31.
View the best growth stocks for 2023 here.

When is Principal Financial Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our PFG earnings forecast.

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

Principal Financial Group will be holding an earnings conference call on Friday, October 27th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Principal Financial Group's earnings last quarter?

Principal Financial Group, Inc. (NYSE:PFG) posted its earnings results on Thursday, July, 27th. The company reported $1.53 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.66 by $0.13. The business earned $3.50 billion during the quarter, compared to analyst estimates of $3.49 billion. Principal Financial Group had a trailing twelve-month return on equity of 15.85% and a net margin of 11.52%.
Read the conference call transcript.

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

Principal Financial Group announced a quarterly dividend on Wednesday, July 26th. Stockholders of record on Thursday, September 7th will be paid a dividend of $0.65 per share on Friday, September 29th. This represents a $2.60 annualized dividend and a dividend yield of 3.45%. The ex-dividend date is Wednesday, September 6th. This is a boost from the stock's previous quarterly dividend of $0.64.
Read our dividend analysis for PFG.

Is Principal Financial Group a good dividend stock?

Principal Financial Group (NYSE:PFG) pays an annual dividend of $2.60 per share and currently has a dividend yield of 3.36%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 40.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PFG will have a dividend payout ratio of 34.90% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PFG.

What other stocks do shareholders of Principal Financial Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Principal Financial Group investors own include AT&T (T), Johnson & Johnson (JNJ), AbbVie (ABBV), Exxon Mobil (XOM), Intel (INTC), Verizon Communications (VZ), Home Depot (HD), JPMorgan Chase & Co. (JPM), International Business Machines (IBM) and Cisco Systems (CSCO).

What is Principal Financial Group's stock symbol?

Principal Financial Group trades on the New York Stock Exchange (NYSE) 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 BlackRock Inc. (8.24%), State Street Corp (4.20%), Capital Research Global Investors (3.79%), Geode Capital Management LLC (2.32%), Northern Trust Corp (1.62%) and Dimensional Fund Advisors LP (1.60%). Insiders that own company stock include Deanna D Strable-Soethout, Elizabeth E Tallett, Julia M Lawler, Kenneth A Mccullum, Roberto Walker, Sandra L Helton, Timothy Mark Dunbar and Wee Yee Cheong.
View institutional ownership trends.

How do I buy shares of Principal Financial Group?

Shares of PFG stock 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 $75.31.

How much money does Principal Financial Group make?

Principal Financial Group (NYSE:PFG) has a market capitalization of $18.20 billion and generates $17.49 billion in revenue each year. The company earns $4.81 billion in net income (profit) each year or $6.47 on an earnings per share basis.

How many employees does Principal Financial Group have?

The company employs 19,300 workers across the globe.

How can I contact Principal Financial Group?

Principal Financial Group's mailing address is 711 High Street, Des Moines, IA 50392, United States. The official website for the company is www.principal.com. The company can be reached via phone at 515-247-5111, via email at investor-relations@principal.com, or via fax at 302-636-5454.

This page (NYSE:PFG) was last updated on 9/21/2023 by MarketBeat.com Staff

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