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

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, January 2nd. Stockholders of record on Friday, January 17th will be paid a dividend of $1.15 per share on Wednesday, February 5th. This represents a $4.60 dividend on an annualized basis and a dividend yield of 3.07%. The ex-dividend date of this dividend is Thursday, January 16th. View PNC Financial Services Group's Dividend History.

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

PNC Financial Services Group Inc (NYSE:PNC) issued its quarterly earnings results on Wednesday, January, 15th. The financial services provider reported $2.97 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $2.92 by $0.05. The financial services provider earned $4.61 billion during the quarter, compared to analysts' expectations of $4.48 billion. PNC Financial Services Group had a net margin of 24.83% and a return on equity of 10.92%. The company's revenue was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.75 EPS. View PNC Financial Services Group's Earnings History.

PNC Financial Services Group is scheduled to release their next quarterly earnings announcement on Friday, April 10th 2020. View Earnings Estimates for PNC Financial Services Group.

12 equities research analysts have issued 1-year target prices for PNC Financial Services Group's shares. Their forecasts range from $141.00 to $181.00. On average, they anticipate PNC Financial Services Group's share price to reach $157.50 in the next year. This suggests a possible upside of 5.2% 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 7 hold ratings and 5 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 trended very negative recently, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of 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 -3.0 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 1.0 out of 10, indicating 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 the month of December. As of December 13th, there was short interest totalling 4,790,000 shares, a drop of 7.4% from the November 28th total of 5,170,000 shares. Based on an average trading volume of 1,710,000 shares, the short-interest ratio is currently 2.8 days. Approximately 1.1% of the shares of the company are sold short. View PNC Financial Services Group's Current Options Chain.

Some companies that are related to PNC Financial Services Group include Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Signature Bank (SBNY), Commerce Bancshares (CBSH), East West Bancorp (EWBC), TCF Financial (TCF) and Cullen/Frost Bankers (CFR).

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), Cisco Systems (CSCO), AT&T (T), Intel (INTC), Johnson & Johnson (JNJ), Procter & Gamble (PG), Bank of America (BAC), Exxon Mobil (XOM) and NVIDIA (NVDA).

PNC Financial Services Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include California Public Employees Retirement System (0.24%), Boston Trust Walden Corp (0.14%), New York State Teachers Retirement System (0.14%), Hexavest Inc. (0.09%), Strs Ohio (0.07%) and Donaldson Capital Management LLC (0.06%). Company insiders that own PNC Financial Services Group stock include Charles E Bunch, E William Parsley III, Gregory B Jordan, Gregory H Kozich, Joseph E Rockey, Karen L Larrimer, Martin Pfinsgraff, Michael J Hannon, Michael P Lyons, Robert Q Reilly, Stacy M Juchno, Vicki C Henn, 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 PGGM Investments, Assenagon Asset Management S.A., Meag Munich Ergo Kapitalanlagegesellschaft MBH, New York State Teachers Retirement System, Strs Ohio, Nisa Investment Advisors LLC, State of Alaska Department of Revenue and CWM LLC. Company insiders that have sold PNC Financial Services Group company stock in the last year include E William Parsley III, Gregory B Jordan, Gregory H Kozich, Joseph E Rockey, Karen L Larrimer, Michael J Hannon, Michael P Lyons, Robert Q Reilly, Stacy M Juchno, Vicki C Henn 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 M&G Investment Management Ltd., First American Bank, Hexavest Inc., British Airways Pensions Investment Management Ltd, Usca Ria LLC, Donaldson Capital Management LLC, Zurcher Kantonalbank Zurich Cantonalbank and Chesley Taft & Associates 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 $149.69.

PNC Financial Services Group has a market capitalization of $66.65 billion and generates $21.62 billion in revenue each year. The financial services provider earns $5.37 billion in net income (profit) each year or $11.39 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]