NYSE:PNC - PNC Financial Services Group Stock Price, News & Analysis

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

PNC Financial Services Group announced a quarterly dividend on Monday, July 8th. Shareholders of record on Friday, July 19th will be given a dividend of $1.15 per share on Monday, August 5th. This represents a $4.60 dividend on an annualized basis and a yield of 3.62%. The ex-dividend date of this dividend is Thursday, July 18th. This is a positive change from PNC Financial Services Group's previous quarterly dividend of $0.95. View PNC Financial Services Group's Dividend History.

PNC Financial Services Group declared that its board has approved a share buyback program on Thursday, November 8th 2018, which allows the company to buyback $900,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 1.5% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's management believes its stock is undervalued.

PNC Financial Services Group Inc (NYSE:PNC) released its quarterly earnings data on Wednesday, July, 17th. The financial services provider reported $2.88 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $2.83 by $0.05. The financial services provider had revenue of $4.44 billion for the quarter, compared to analysts' expectations of $4.40 billion. PNC Financial Services Group had a return on equity of 11.10% and a net margin of 25.46%. The firm's revenue for the quarter was up 2.7% on a year-over-year basis. During the same period in the prior year, the company posted $2.72 earnings per share. View PNC Financial Services Group's Earnings History.

PNC Financial Services Group is scheduled to release their next quarterly earnings announcement on Friday, October 11th 2019. View Earnings Estimates for PNC Financial Services Group.

PNC Financial Services Group will be holding an earnings conference call on Wednesday, October 16th at 10:30 AM Eastern. Interested parties can register for or listen to the call using this link.

14 analysts have issued 1-year target prices for PNC Financial Services Group's stock. Their forecasts range from $123.89 to $160.00. On average, they expect PNC Financial Services Group's share price to reach $143.4075 in the next twelve months. This suggests a possible upside of 12.9% from the stock's current price. View Analyst Price Targets for PNC Financial Services Group.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PNC Financial Services Group in the last year. There are currently 10 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for PNC Financial Services Group.

Media headlines about PNC stock have trended negative this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. PNC Financial Services Group earned a media sentiment score of -2.3 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for PNC Financial Services Group.

PNC Financial Services Group saw a drop in short interest in July. As of July 31st, there was short interest totalling 4,273,000 shares, a drop of 7.6% from the June 30th total of 4,623,200 shares. Based on an average trading volume of 1,750,000 shares, the short-interest ratio is currently 2.4 days. Approximately 0.9% of the company's stock are sold short. View PNC Financial Services Group's Current Options Chain.

Some companies that are related to PNC Financial Services Group include Wells Fargo & Co (WFC), Citigroup (C), U.S. Bancorp (USB), National Australia Bank (NABZY), DBS GRP HOLDING/S (DBSDY), Capital One Financial (COF), UBS Group (UBS), Mizuho Financial Group (MFG), Intesa Sanpaolo (ISNPY), BB&T (BBT), BANCO DO BRASIL/S (BDORY), SunTrust Banks (STI), Standard Chartered (SCBFF), KeyCorp (KEY) and Shinhan Financial Group (SHG).

Based on aggregate information from My MarketBeat watchlists, some companies that other PNC Financial Services Group investors own include JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Verizon Communications (VZ), Bank of America (BAC), Intel (INTC), Home Depot (HD), Procter & Gamble (PG), AT&T (T) and UnitedHealth Group (UNH).

PNC Financial Services Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.59%), BlackRock Inc. (6.05%), Price T Rowe Associates Inc. MD (2.66%), Invesco Ltd. (1.53%), Northern Trust Corp (1.16%) and Nuveen Asset Management LLC (1.05%). Company insiders that own PNC Financial Services Group stock include E William Parsley III, Gregory H Kozich, Joseph E Rockey, Karen L Larrimer, Martin Pfinsgraff, Michael J Hannon, Michael P Lyons, Orlando C Esposito, Robert Q Reilly, Stacy M Juchno, William S Demchak and Wyk Steven C Van. View Institutional Ownership Trends for PNC Financial Services Group.

PNC stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Royal Bank of Canada, Quest Capital Management Inc. ADV, Schroder Investment Management Group, Diamond Hill Capital Management Inc., NN Investment Partners Holdings N.V., Chilton Investment Co. LLC and LSV Asset Management. Company insiders that have sold PNC Financial Services Group company stock in the last year include Gregory H Kozich, Joseph E Rockey, Karen L Larrimer, Michael J Hannon, Michael P Lyons, Robert Q Reilly, Stacy M Juchno and William S Demchak. View Insider Buying and Selling for PNC Financial Services Group.

PNC stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Thoroughbred Financial Services LLC, Putnam Investments LLC, Hexavest Inc., Balyasny Asset Management LLC, Caisse DE Depot ET Placement DU Quebec, Vanguard Group Inc. and Bahl & Gaynor Inc.. View Insider Buying and Selling for PNC Financial Services Group.

Shares of PNC 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.

One share of PNC stock can currently be purchased for approximately $127.00.

PNC Financial Services Group has a market capitalization of $56.55 billion and generates $19.99 billion in revenue each year. The financial services provider earns $5.30 billion in net income (profit) each year or $10.71 on an earnings per share basis. PNC Financial Services Group employs 53,063 workers across the globe.View Additional Information About PNC Financial Services Group.

The official website for PNC Financial Services Group is http://www.pnc.com/.

PNC Financial Services Group's mailing address is THE TOWER AT PNC PLAZA 300 FIFTH AVENUE, PITTSBURGH PA, 15222. The financial services provider can be reached via phone at 888-762-2265 or via email at [email protected]