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. Stockholders 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 dividend yield of 3.25%. The ex-dividend date is Wednesday, October 16th. View PNC Financial Services Group's Dividend History.

PNC Financial Services Group declared that its board has initiated a stock 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 generally an indication that the company's board of directors believes its stock is undervalued.

PNC Financial Services Group Inc (NYSE:PNC) posted its quarterly earnings results on Wednesday, October, 16th. The financial services provider reported $2.94 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 11.10% and a net margin of 25.46%. PNC Financial Services Group's revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter last year, the business earned $2.82 EPS. View PNC Financial Services Group's Earnings History.

12 brokerages have issued 1 year price objectives for PNC Financial Services Group's stock. Their predictions range from $123.89 to $157.00. On average, they anticipate PNC Financial Services Group's stock price to reach $142.59 in the next year. This suggests a possible upside of 0.8% 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.

Press coverage about PNC stock has been trending very negative recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media 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 -5 to 5, with scores closest to five being the most favorable. PNC Financial Services Group earned a daily sentiment score of -3.2 on InfoTrie's scale. They also gave press coverage 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 impact on the stock's share price in the next few days. View News Stories for PNC Financial Services Group.

PNC Financial Services Group saw a increase in short interest during 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 days-to-cover ratio is currently 2.4 days. Currently, 1.1% of the company's shares are sold short. 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 variety of of institutional and retail 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%), Assenagon Asset Management S.A. (0.02%) and Park National Corp OH (0.02%). 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 Assenagon Asset Management S.A.. 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 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., DNB Asset Management AS and IMS Capital Management. 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 $141.46.

PNC Financial Services Group has a market capitalization of $62.99 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]