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

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$54.13 +0.54 (+1.01 %)
(As of 05/24/2019 03:21 PM ET)
Previous Close$53.59
Today's Range$53.67 - $54.31
52-Week Range$40.42 - $61.12
Volume67,427 shs
Average Volume1.62 million shs
Market Capitalization$15.08 billion
P/E RatioN/A
Dividend Yield0.35%
BetaN/A
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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Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees16,475
Market Cap$15.08 billion
Next Earnings Date7/25/2019 (Estimated)
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 declared a quarterly dividend on Thursday, April 25th. Stockholders of record on Monday, June 3rd will be paid a dividend of $0.54 per share on Friday, June 28th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 3.99%. The ex-dividend date is Friday, May 31st. 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 initiated a share buyback plan on Tuesday, November 27th 2018, which permits the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its shares are undervalued.

How were Principal Financial Group's earnings last quarter?

Principal Financial Group Inc (NYSE:PFG) issued its earnings results on Thursday, April, 25th. The financial services provider reported $1.43 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.32 by $0.11. The financial services provider earned $3.66 billion during the quarter, compared to analysts' expectations of $3.66 billion. During the same quarter in the previous year, the business earned $1.40 earnings per share. 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 Thursday, July 25th 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 Friday, July 26th 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?

7 brokerages have issued 1-year price objectives for Principal Financial Group's shares. Their predictions range from $50.00 to $68.00. On average, they anticipate Principal Financial Group's stock price to reach $57.2857 in the next year. This suggests a possible upside of 5.8% from the stock's current price. View Analyst Price Targets for Principal Financial Group.

What is the consensus analysts' recommendation for 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, 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Principal Financial Group.

Has Principal Financial Group been receiving favorable news coverage?

News stories about PFG stock have trended negative recently, InfoTrie reports. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Principal Financial Group earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near future.

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 Global Medical REIT (GMRE), AT&T (T), Intel (INTC), Citigroup (C), Johnson & Johnson (JNJ), Altria Group (MO), Cisco Systems (CSCO), Ford Motor (F), General Electric (GE) and Home Depot (HD).

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 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)

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 investors include BlackRock Inc. (8.43%), Wellington Management Group LLP (2.88%), Northern Trust Corp (1.87%), Geode Capital Management LLC (1.46%), Dimensional Fund Advisors LP (1.41%) and FMR LLC (1.27%). 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, Julia M Lawler, 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 JPMorgan Chase & Co., Wellington Management Group LLP, FMR LLC, Nordea Investment Management AB, Envestnet Asset Management Inc., Comerica Bank, Alps Advisors Inc. and Amundi Pioneer Asset Management Inc.. Company insiders that have sold Principal Financial Group company stock in the last year include Amy Christine Friedrich, James P Mccaughan and Julia M Lawler. View Insider Buying and Selling 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 BlackRock Inc., OppenheimerFunds Inc., First Trust Advisors LP, Goldman Sachs Group Inc., Mairs & Power INC, Acadian Asset Management LLC, Andra AP fonden and Eagle Ridge Investment Management. 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 $54.13.

How big of a company is Principal Financial Group?

Principal Financial Group has a market capitalization of $15.08 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 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:  2.0 out of 5 (star star)
Outperform Votes:  406 (Vote Outperform)
Underperform Votes:  628 (Vote Underperform)
Total Votes:  1,034
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 5/24/2019 by MarketBeat.com Staff

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