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

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$47.42 +0.58 (+1.24 %)
(As of 01/16/2019 09:00 AM ET)
Previous Close$46.84
Today's Range$46.41 - $47.45
52-Week Range$40.42 - $75.58
Volume1.68 million shs
Average Volume1.62 million shs
Market CapitalizationN/A
P/E RatioN/A
Dividend Yield4.69%
BetaN/A
Principal Financial Group, Inc. provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. It 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 full service payout 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, China, Hong Kong Special Administrative Region, India, Mexico, and Southeast Asia. The U.S. Insurance Solutions segment provides specialty benefits consisting of 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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Industry, Sector and Symbol

Industry Investment Brokerage - National
Sub-IndustryLife & Health Insurance
SectorFinance
CUSIP74251V10
Phone+1-515-2475111

Debt

Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Price / Cash FlowN/A
Price / BookN/A

Profitability

Net IncomeN/A
Net MarginsN/A
Return on AssetsN/A

Miscellaneous

Employees15,378
OptionableOptionable

Principal Financial Group (NYSE:PFG) Frequently Asked Questions

What is Principal Financial Group's stock symbol?

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

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 Thursday, October 25th. Stockholders of record on Monday, December 3rd will be given a dividend of $0.54 per share on Friday, December 28th. This represents a $2.16 annualized dividend and a dividend yield of 4.56%. The ex-dividend date of this dividend is Friday, November 30th. This is a positive change from Principal Financial Group's previous quarterly dividend of $0.53. View Principal Financial Group's Dividend History.

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

Principal Financial Group declared that its Board of Directors has authorized a share repurchase plan on Tuesday, November 27th 2018, which authorizes the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company's board of directors believes its stock is undervalued.

How were Principal Financial Group's earnings last quarter?

Principal Financial Group Inc (NYSE:PFG) posted its quarterly earnings data on Thursday, October, 25th. The financial services provider reported $1.67 EPS for the quarter, hitting analysts' consensus estimates of $1.67. The financial services provider earned $4.35 billion during the quarter, compared to the consensus estimate of $3.86 billion. View Principal Financial Group's Earnings History.

When is Principal Financial Group's next earnings date?

Principal Financial Group is scheduled to release their next quarterly earnings announcement on Tuesday, January 29th 2019. View Earnings Estimates 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 Wednesday, January 30th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for PFG?

11 brokers have issued 12 month target prices for Principal Financial Group's shares. Their forecasts range from $49.00 to $76.00. On average, they anticipate Principal Financial Group's share price to reach $61.9091 in the next year. This suggests a possible upside of 30.6% from the stock's current price. View Analyst Price Targets for Principal Financial Group.

What is the consensus analysts' recommendation for Principal Financial Group?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Principal Financial Group in the last year. There are currently 10 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Principal Financial Group.

What are Wall Street analysts saying about Principal Financial Group stock?

Here are some recent quotes from research analysts about Principal Financial Group stock:
  • 1. According to Zacks Investment Research, "Shares of the company have underperformed the industry year to date. Higher leverage inducing increase in interest and dilution from acquisition are headwinds.  Nonetheless, focus on fee-based revenue sources has been helping Principal Financial earn steadily and limiting its exposure to the interest rate environment as well. The company targets an ROE expansion of 30-60 basis points annually and a long-term earnings growth rate between 9% and 12%. Its inorganic growth story is impressive with buyouts fortifying the global footprint and adding fee-based businesses. Its assets under management have also seen a consistent rise. It aims at $0.9-$1.3-billion capital deployment in 2018 and targets to pay 40% of net income as dividend in future." (12/31/2018)
  • 2. Wells Fargo & Co analysts commented, "We would normalize to $1.36 after accounting for mortality gains in Retirement and Income Solutions (RIS)-Spread, negative encaje returns in Principal International and favorable claims experience in Specialty Benefit. Principal walked through unusual items in a segment in a slide presentation (see Figure 1 for a detailed view of actual results versus our expectations). Given traditional Q1 unfavorable seasonality, we don’t view the $1.36 as a “run-rate” off which to use as a starting point for Q2 estimates. The normalized beat in Q1 was driven by lower multiple segments (Specialty Benefits and Corporate), which are likely not sustainable. All in, while certainly better than Q4 2017 results, the underlying earnings power exhibited in Q1 does not at first look seem like enough to change our investment thesis." (4/26/2018)

Has Principal Financial Group been receiving favorable news coverage?

Media stories about PFG stock have been trending very positive this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Principal Financial Group earned a media sentiment score of 3.7 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days.

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 folowing people:
  • Mr. Daniel Joseph Houston, Chairman, CEO & Pres (Age 56)
  • Ms. Deanna Dawnette Strable-Soethout, Exec. VP & CFO (Age 49)
  • Ms. Nora Mary Everett, Pres of Retirement & Income Solutions (Age 59)
  • Mr. Luis E. Valdés, Pres & CEO of Principal International, Inc. (Age 60)
  • Mr. Gary P. Scholten, Exec. VP, Chief Information Officer & Chief Digital Officer (Age 60)

Who are Principal Financial Group's major shareholders?

Principal Financial Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Denali Advisors LLC (0.08%), Moody National Bank Trust Division (0.04%), State of Alaska Department of Revenue (0.03%), Gulf International Bank UK Ltd (0.02%), Tealwood Asset Management Inc. (0.02%) and Sound Income Strategies LLC (0.01%). Company insiders that own Principal Financial Group stock include Amy Christine Friedrich, Daniel Gelatt, Daniel Joseph Houston, Deanna D Strable-Soethout, Gary P Scholten, Gregory Bernard Elming, James P Mccaughan, Karen E Shaff, Luis E Valdes, Nora Mary Everett 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 Tealwood Asset Management Inc., Denali Advisors LLC, Gulf International Bank UK Ltd, Sound Income Strategies LLC, Sound Income Strategies LLC, Louisiana State Employees Retirement System, Sound Income Strategies LLC and Moody National Bank Trust Division. Company insiders that have sold Principal Financial Group company stock in the last year include Amy Christine Friedrich, James P Mccaughan and Luis E Valdes. View Insider Buying and Selling for Principal Financial Group.

Which major investors are buying Principal Financial Group stock?

PFG stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue and First Hawaiian Bank. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Principal Financial Group's stock price today?

One share of PFG stock can currently be purchased for approximately $47.42.

What is Principal Financial Group's official website?

The official website for Principal Financial Group is http://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]


MarketBeat Community Rating for Principal Financial Group (NYSE PFG)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  365 (Vote Outperform)
Underperform Votes:  605 (Vote Underperform)
Total Votes:  970
MarketBeat's community ratings are surveys of what our community members think about Principal Financial Group and other stocks. Vote "Outperform" if you believe PFG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PFG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/16/2019 by MarketBeat.com Staff

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