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 declared a quarterly dividend on Thursday, October 4th. Investors of record on Wednesday, October 17th will be given a dividend of $0.95 per share on Monday, November 5th. This represents a $3.80 annualized dividend and a dividend yield of 3.07%. The ex-dividend date is Tuesday, October 16th. View PNC Financial Services Group's Dividend History.

PNC Financial Services Group declared that its board has initiated a share repurchase program on Thursday, November 8th 2018, which allows the company to buyback $900,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 1.5% of its shares through open market purchases. Shares buyback programs are often a sign that the company's leadership believes its shares are undervalued.

PNC Financial Services Group Inc (NYSE:PNC) issued its quarterly earnings data on Friday, October, 12th. The financial services provider reported $2.82 earnings per share for the quarter, beating the Zacks' consensus estimate of $2.73 by $0.09. The financial services provider had revenue of $4.36 billion for the quarter, compared to analysts' expectations of $4.32 billion. PNC Financial Services Group had a net margin of 30.97% and a return on equity of 10.88%. During the same period in the prior year, the firm earned $2.16 EPS. View PNC Financial Services Group's Earnings History.

PNC Financial Services Group is scheduled to release their next quarterly earnings announcement on Wednesday, January 16th 2019. View Earnings Estimates for PNC Financial Services Group.

PNC Financial Services Group will be holding an earnings conference call on Wednesday, January 16th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

18 analysts have issued twelve-month price objectives for PNC Financial Services Group's shares. Their forecasts range from $137.00 to $170.00. On average, they anticipate PNC Financial Services Group's stock price to reach $154.9286 in the next year. This suggests a possible upside of 25.0% from the stock's current price. View Analyst Price Targets for PNC Financial Services Group.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PNC Financial Services Group in the last year. There are currently 12 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for PNC Financial Services Group.

Headlines about PNC stock have trended positive recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. PNC Financial Services Group earned a daily sentiment score of 2.3 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days.

PNC Financial Services Group saw a increase in short interest in the month of November. As of November 15th, there was short interest totalling 6,740,519 shares, an increase of 59.0% from the October 31st total of 4,239,985 shares. Based on an average daily volume of 2,949,068 shares, the days-to-cover ratio is currently 2.3 days. Currently, 1.5% of the shares of the company are short sold. View PNC Financial Services Group's Current Options Chain.

Some companies that are related to PNC Financial Services Group include Citigroup (C), U.S. Bancorp (USB), Industrial & Cmrcl Bnk f China (IDCBY), UBS Group (UBS), National Australia Bank (NABZY), DBS GRP HOLDING/S (DBSDY), Mizuho Financial Group (MFG), Capital One Financial (COF), BB&T (BBT), Intesa Sanpaolo (ISNPY), BANCO DO BRASIL/S (BDORY), SunTrust Banks (STI), Standard Chartered (SCBFF), DANSKE BK A/S/S (DNKEY) and KeyCorp (KEY).

PNC Financial Services Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.32%), BlackRock Inc. (5.92%), Capital World Investors (3.33%), JPMorgan Chase & Co. (2.11%), Massachusetts Financial Services Co. MA (2.08%) and FMR LLC (1.77%). Company insiders that own PNC Financial Services Group stock include Charles E Bunch, E William Parsley III, Karen L Larrimer, Martin Pfinsgraff, Michael J Hannon, Michael P Lyons, Orlando C Esposito, Robert Q Reilly, 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 Capital Research Global Investors, FMR LLC, Jennison Associates LLC, Capital World Investors, Bank of New York Mellon Corp, Panagora Asset Management Inc., Mitsubishi UFJ Trust & Banking Corp and Massachusetts Financial Services Co. MA. Company insiders that have sold PNC Financial Services Group company stock in the last year include Michael J Hannon, Michael P Lyons, Robert Q Reilly and Wyk Steven C Van. View Insider Buying and Selling for PNC Financial Services Group.

PNC stock was acquired by a variety of institutional investors in the last quarter, including Capital International Investors, Clearbridge Investments LLC, Prudential Financial Inc., Sumitomo Mitsui Trust Holdings Inc., Polaris Greystone Financial Group LLC, Moody National Bank Trust Division, Capital Fund Management S.A. and Columbus Hill Capital Management L.P.. Company insiders that have bought PNC Financial Services Group stock in the last two years include Charles E Bunch and Martin Pfinsgraff. 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 $123.94.

PNC Financial Services Group has a market capitalization of $58.40 billion and generates $18.04 billion in revenue each year. The financial services provider earns $5.34 billion in net income (profit) each year or $8.50 on an earnings per share basis. PNC Financial Services Group employs 52,906 workers across the globe.

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]