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 declared a quarterly dividend on Thursday, October 3rd. Shareholders of record on Thursday, October 17th will be paid a dividend of $1.15 per share on Tuesday, November 5th. This represents a $4.60 dividend on an annualized basis and a yield of 3.24%. The ex-dividend date of this dividend is Wednesday, October 16th. View PNC Financial Services Group's Dividend History.

PNC Financial Services Group declared that its Board of Directors has approved a stock repurchase program on Thursday, November 8th 2018, which permits the company to repurchase $900,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 1.5% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's leadership believes its stock is undervalued.

PNC Financial Services Group Inc (NYSE:PNC) issued its earnings results on Wednesday, July, 17th. The financial services provider reported $2.88 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 company's revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the prior year, the business earned $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 Wednesday, October 16th 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.

12 brokers have issued 12-month price objectives for PNC Financial Services Group's shares. Their forecasts range from $123.89 to $157.00. On average, they anticipate PNC Financial Services Group's share price to reach $142.59 in the next year. This suggests a possible upside of 0.5% from the stock's current price. View Analyst Price Targets for PNC Financial Services Group.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PNC Financial Services Group in the last year. There are currently 9 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for PNC Financial Services Group.

News stories about PNC stock have been trending very negative on Wednesday, according to InfoTrie. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. PNC Financial Services Group earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned 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 impact on the company'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 volume of 2,060,000 shares, the short-interest ratio is presently 2.4 days. Approximately 1.1% of the company's shares are short sold. View PNC Financial Services Group's Current Options Chain.

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

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

PNC Financial Services Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Hexavest Inc. (0.09%), Cardinal Capital Management Inc. (0.03%), State of Alaska Department of Revenue (0.03%), Gulf International Bank UK Ltd (0.02%), Park National Corp OH (0.02%) and Dalton Greiner Hartman Maher & Co. (0.01%). 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 Decatur Capital Management Inc., Gateway Investment Advisers LLC, Ferguson Wellman Capital Management Inc., National Investment Services Inc. WI, Hexavest Inc., Addenda Capital Inc., Stock Yards Bank & Trust Co. and First National Bank of Mount Dora Trust Investment Services. 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 bought by a variety of institutional investors in the last quarter, including Cardinal Capital Management Inc., State of Alaska Department of Revenue, Dalton Greiner Hartman Maher & Co., Baldwin Brothers Inc. MA, Park National Corp OH, Pacer Advisors Inc., IMS Capital Management and Northside Capital Management LLC. 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 $141.87.

PNC Financial Services Group has a market capitalization of $63.17 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]