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Principal Financial Group Stock Forecast, Price & News

-1.13 (-2.74 %)
(As of 09/18/2020 12:00 AM ET)
Today's Range
Now: $40.16
50-Day Range
MA: $43.30
52-Week Range
Now: $40.16
Volume1.78 million shs
Average Volume1.74 million shs
Market Capitalization$11.02 billion
P/E RatioN/A
Dividend Yield5.43%
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.1Community Rank: 2.3Dividend Strength: 2.5Insider Behavior: 4.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.97 out of 5 stars

Industry, Sector and Symbol

Industry Investment Brokerage - National
Sub-IndustryLife & Health Insurance



Sales & Book Value

Annual SalesN/A



Market Cap$11.02 billion
Next Earnings Date10/22/2020 (Estimated)
-1.13 (-2.74 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Principal Financial Group (NYSE:PFG) Frequently Asked Questions

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

Principal Financial Group's stock was trading at $35.92 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PFG shares have increased by 11.8% and is now trading at $40.16.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of Principal Financial Group?

7 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Principal Financial Group

When is Principal Financial Group's next earnings date?

Principal Financial Group is scheduled to release its next quarterly earnings announcement on Thursday, October 22nd 2020.
View our earnings forecast for Principal Financial Group

How were Principal Financial Group's earnings last quarter?

Principal Financial Group Inc (NYSE:PFG) released its quarterly earnings data on Monday, July, 27th. The financial services provider reported $1.46 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.30 by $0.16. The financial services provider earned $3.18 billion during the quarter, compared to analysts' expectations of $3.83 billion. During the same quarter last year, the company earned $1.52 earnings per share.
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 Wednesday, July 29th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.56 per share on Friday, September 25th. This represents a $2.24 dividend on an annualized basis and a yield of 5.58%. The ex-dividend date is Monday, August 31st.
View Principal Financial Group's dividend history

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

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

What price target have analysts set for PFG?

7 brokers have issued twelve-month price objectives for Principal Financial Group's stock. Their forecasts range from $36.00 to $50.00. On average, they anticipate Principal Financial Group's stock price to reach $43.67 in the next year. This suggests a possible upside of 8.7% from the stock's current price.
View analysts' price targets for Principal Financial Group

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

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), AbbVie (ABBV), Exxon Mobil (XOM), Intel (INTC), Home Depot (HD), Verizon Communications (VZ), Johnson & Johnson (JNJ), IBM (IBM), Cisco Systems (CSCO) and Global Medical REIT (GMRE).

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 57)
  • Ms. Deanna Dawnette Strable-Soethout, Exec. VP & CFO (Age 50)
  • Mr. Timothy Mark Dunbar, Pres of Principal Global Asset Management Bus. (Age 61)
  • Mr. Luis E. Valdés, Pres & CEO of Principal International, Inc. (Age 61)
  • Mr. Patrick Gregory Halter, CEO & Pres of Principal Global Investors (Age 59)

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 a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.14%), Bank of New York Mellon Corp (2.59%), Mairs & Power Inc. (1.33%), FMR LLC (1.17%), Charles Schwab Investment Management Inc. (1.11%) and Prudential PLC (0.79%). Company insiders that own Principal Financial Group stock include Amy Christine Friedrich, Daniel Gelatt, 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 Vanguard Group Inc., Conning Inc., First Trust Advisors LP, Canada Pension Plan Investment Board, Alps Advisors Inc., Nuveen Asset Management LLC, Palisade Asset Management LLC, and Russell Investments Group Ltd..
View insider buying and selling activity for Principal Financial Group

Which major investors are buying Principal Financial Group stock?

PFG stock was acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Charles Schwab Investment Management Inc., Prudential PLC, FMR LLC, Balyasny Asset Management LLC, Mairs & Power Inc., AJO LP, and Goldman Sachs Group Inc..
View insider buying and selling activity for Principal Financial Group

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 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 $40.16.

How big of a company is Principal Financial Group?

Principal Financial Group has a market capitalization of $11.02 billion. Principal Financial Group employs 16,475 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 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]

This page was last updated on 9/19/2020 by MarketBeat.com Staff

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