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

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 Thursday, October 3rd. Stockholders of record on Thursday, October 17th will be given a dividend of $1.15 per share on Tuesday, November 5th. This represents a $4.60 dividend on an annualized basis and a dividend yield of 3.16%. The ex-dividend date of this dividend is Wednesday, October 16th. View PNC Financial Services Group's Dividend History.

PNC Financial Services Group announced that its board has approved a share repurchase plan on Thursday, November 8th 2018, which authorizes the company to buyback $900,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 1.5% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board of directors believes its stock is undervalued.

PNC Financial Services Group Inc (NYSE:PNC) posted its quarterly earnings data on Wednesday, October, 16th. The financial services provider reported $2.94 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $2.80 by $0.14. The financial services provider earned $4.49 billion during the quarter, compared to analysts' expectations of $4.41 billion. PNC Financial Services Group had a return on equity of 10.94% and a net margin of 24.96%. The firm's revenue was up 3.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.82 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 15th 2020. View Earnings Estimates for PNC Financial Services Group.

13 Wall Street analysts have issued 12 month target prices for PNC Financial Services Group's shares. Their predictions range from $123.89 to $158.00. On average, they anticipate PNC Financial Services Group's stock price to reach $143.44 in the next twelve months. This suggests that the stock has a possible downside of 1.4%. View Analyst Price Targets for PNC Financial Services Group.

13 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 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for PNC Financial Services Group.

Media stories about PNC stock have been trending negative on Wednesday, according to InfoTrie. The research firm scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. PNC Financial Services Group earned a news impact score of -2.5 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for PNC Financial Services Group.

PNC Financial Services Group saw a increase in short interest in the month of September. As of September 30th, there was short interest totalling 4,910,000 shares, an increase of 24.6% from the August 30th total of 3,940,000 shares. Based on an average daily trading volume, of 2,060,000 shares, the days-to-cover ratio is presently 2.4 days. Approximately 1.1% 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 BB&T (BBT), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), First Republic Bank (FRC), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Commerce Bancshares (CBSH), Signature Bank (SBNY), East West Bancorp (EWBC), Cullen/Frost Bankers (CFR) and BOK Financial (BOKF).

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

PNC Financial Services Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Boston Trust Walden Corp (0.14%), Hexavest Inc. (0.09%), Strs Ohio (0.07%), Envestnet Asset Management Inc. (0.06%), Nisa Investment Advisors LLC (0.05%) and Atwood & Palmer Inc. (0.04%). Company insiders that own PNC Financial Services Group stock include Charles E Bunch, 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 Zurcher Kantonalbank Zurich Cantonalbank, Robeco Institutional Asset Management B.V., Decatur Capital Management Inc., Atwood & Palmer Inc., Atlantic Union Bankshares Corp, Gateway Investment Advisers LLC, Ferguson Wellman Capital Management Inc. and National Investment Services Inc. WI. 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 acquired by a variety of institutional investors in the last quarter, including Cardinal Capital Management Inc., CWM LLC, State of Alaska Department of Revenue, Envestnet Asset Management Inc., Dalton Greiner Hartman Maher & Co., Meeder Asset Management Inc., Park Avenue Securities LLC and Stephens Inc. AR. 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, Robinhood, Fidelity and Charles Schwab.

One share of PNC stock can currently be purchased for approximately $145.46.

PNC Financial Services Group has a market capitalization of $64.77 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]