NYSE:PFG - Principal Financial Group Stock Price, Forecast & News

Principal Financial Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "PFG."

Principal Financial Group announced a quarterly dividend on Wednesday, October 23rd. Stockholders of record on Tuesday, December 3rd will be given a dividend of $0.55 per share on Friday, December 27th. This represents a $2.20 annualized dividend and a dividend yield of 4.01%. The ex-dividend date is Monday, December 2nd. View Principal Financial Group's Dividend History.

Principal Financial Group announced that its Board of Directors has initiated a stock buyback plan on Tuesday, November 27th 2018, which allows the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's board of directors believes its stock is undervalued.

Principal Financial Group Inc (NYSE:PFG) announced its quarterly earnings results on Thursday, October, 24th. The financial services provider reported $1.23 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.46 by $0.23. During the same quarter last year, the firm earned $1.67 earnings per share. View Principal Financial Group's Earnings History.

Principal Financial Group is scheduled to release their next quarterly earnings announcement on Tuesday, January 28th 2020. View Earnings Estimates for Principal Financial Group.

Principal Financial Group will be holding an earnings conference call on Tuesday, 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.

5 equities research analysts have issued 12-month price objectives for Principal Financial Group's shares. Their forecasts range from $48.00 to $66.00. On average, they anticipate Principal Financial Group's share price to reach $55.00 in the next twelve months. This suggests a possible upside of 0.3% from the stock's current price. View Analyst Price Targets for Principal Financial Group.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Principal Financial Group in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Principal Financial Group.

Press coverage about PFG stock has trended extremely negative recently, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Principal Financial Group earned a daily sentiment score of -4.0 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an effect on the company's share price in the near future. View News Stories for Principal Financial Group.

Some companies that are related to Principal Financial Group include Metlife (MET), AFLAC (AFL), Prudential Financial (PRU), Lincoln National (LNC), Unum Group (UNM), Primerica (PRI), CNO Financial Group (CNO), American Equity Investment Life (AEL), FBL Financial Group (FFG), National Western Life Group (NWLI), Independence (IHC), Citizens (CIA), Kansas City Life Insurance (KCLI) and Health Insurance Innovations (HIIQ).

Based on aggregate information from My MarketBeat watchlists, some companies that other Principal Financial Group investors own include Global Medical REIT (GMRE), Amgen (AMGN), Home Depot (HD), AT&T (T), Ford Motor (F), Johnson & Johnson (JNJ), PepsiCo (PEP), Citigroup (C), Verizon Communications (VZ) and Cisco Systems (CSCO).

Principal Financial Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (4.55%), Sumitomo Mitsui Trust Holdings Inc. (0.41%), Parametric Portfolio Associates LLC (0.40%), First Trust Advisors LP (0.29%), Conning Inc. (0.28%) and Cambiar Investors LLC (0.26%). Company insiders that own Principal Financial Group stock include Amy Christine Friedrich, Daniel Gelatt, Daniel Joseph Houston, Gary P Scholten, James P Mccaughan, Julia M Lawler, Luis E Valdes and Timothy Mark Dunbar. View Institutional Ownership Trends for Principal Financial Group.

PFG stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Pictet Asset Management Ltd., OLD Republic International Corp, Robeco Institutional Asset Management B.V., WBI Investments Inc., Man Group plc, W.E. Donoghue & Co. LLC and Alps Advisors Inc.. Company insiders that have sold Principal Financial Group company stock in the last year include Amy Christine Friedrich, Julia M Lawler and Luis E Valdes. View Insider Buying and Selling for Principal Financial Group.

PFG stock was bought by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, Squarepoint Ops LLC, California Public Employees Retirement System, Russell Investments Group Ltd., Alberta Investment Management Corp, Sumitomo Mitsui Trust Holdings Inc., Bowling Portfolio Management LLC and Dupont Capital Management Corp. View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of PFG stock can currently be purchased for approximately $54.86.

Principal Financial Group has a market capitalization of $15.23 billion. Principal Financial Group employs 16,475 workers across the globe.View Additional Information About Principal Financial Group.

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

Principal Financial Group's mailing address is 711 High St, DES MOINES, IA 50392-0300, United States. The financial services provider can be reached via phone at +1-515-2475111 or via email at [email protected]