NYSE:PNC

The PNC Financial Services Group Stock Forecast, Price & News

$153.69

-2.57 (-1.64 %)

(As of 01/21/2021 12:00 AM ET)

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Today's Range

$152.99

Now: $153.69▼

$156.29

50-Day Range

$141.25

MA: $149.09▼

$161.73

52-Week Range

$79.41

Now: $153.69▼

$162.74

Volume2.27 million shs

Average Volume2.34 million shs

Market Capitalization$65.12 billion

P/E Ratio9.20

Dividend Yield2.94%

Beta1.38

The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. The Retail Banking segment offers deposit, lending, brokerage, insurance, and investment and cash management services to consumer and small business customers through a network of branches, ATMs, call centers, and online banking and mobile channels. The Corporate & Institutional Banking segment provides secured and unsecured loans, letters of credit, and equipment leases; payables, receivables, deposit and account, liquidity and investments, and online and mobile banking products and services; foreign exchange, derivatives, securities underwriting, loan syndications, and mergers and acquisitions and equity capital markets advisory related services; and commercial loan servicing and technology solutions for the commercial real estate finance industry. The Asset Management Group segment offers investment and retirement planning, customized investment management, private banking, and trust management and administration solutions; and multi-generational family planning products, such as estate, financial, tax planning, fiduciary, investment management and consulting, private banking, personal administrative, asset custody, and customized performance reporting services. This segment also provides chief investment officer, custody, private real estate, cash and fixed income client solutions, and retirement advisory services. The BlackRock segment offers single- and multi-asset class portfolios; and investment and risk management services technology platform. It operates 2,400 locations and 15,000 ATMs. The PNC Financial Services Group, Inc. was founded in 1852 and is headquartered in Pittsburgh, Pennsylvania.

MarketRank^™

Overall MarketRank^™

2.35 out of 5 stars

Finance Sector

70th out of 1,942 stocks

National Commercial Banks Industry

16th out of 164 stocks

2.2 Analyst's Opinion

Consensus Rating
The PNC Financial Services Group has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 8 buy ratings, 12 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $147.41, The PNC Financial Services Group has a forecasted downside of 4.1% from its current price of $153.69.
Amount of Analyst Coverage
The PNC Financial Services Group has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.3 Community Rank

Outperform Votes
The PNC Financial Services Group has received 779 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
The PNC Financial Services Group has received 947 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
The PNC Financial Services Group has received 54.87% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about The PNC Financial Services Group and other stocks. Vote “Outperform” if you believe PNC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PNC will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Yield
The PNC Financial Services Group pays a meaningful dividend of 2.94%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
The PNC Financial Services Group has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of The PNC Financial Services Group is 40.39%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, The PNC Financial Services Group will have a dividend payout ratio of 54.25% next year. This indicates that The PNC Financial Services Group will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, The PNC Financial Services Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.30% of the stock of The PNC Financial Services Group is held by insiders.
Percentage Held by Institutions
80.56% of the stock of The PNC Financial Services Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings for The PNC Financial Services Group are expected to grow by 39.24% in the coming year, from $6.09 to $8.48 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of The PNC Financial Services Group is 9.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.88.
Price to Earnings Ratio vs. Sector
The P/E ratio of The PNC Financial Services Group is 9.20, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 21.97.
Price to Earnings Growth Ratio
The PNC Financial Services Group has a PEG Ratio of 3.33. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
The PNC Financial Services Group has a P/B Ratio of 1.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry National commercial banks

Sub-IndustryRegional Banks

SectorFinance

Current SymbolNYSE:PNC

Previous Symbol

CUSIP69347510

CIK713676

Webwww.pnc.com

Phone888-762-2265

Employees51,918

Debt

Debt-to-Equity Ratio0.79

Current Ratio0.88

Quick Ratio0.88

Price-To-Earnings

Trailing P/E Ratio9.20

Forward P/E Ratio25.24

P/E Growth3.33

Sales & Book Value

Annual Sales$21.62 billion

Price / Sales3.01

Cash Flow$14.50 per share

Price / Cash Flow10.60

Book Value$110.82 per share

Price / Book1.39

Profitability

EPS (Most Recent Fiscal Year)$11.39

Net Income$5.37 billion

Net Margins38.16%

Return on Equity5.97%

Return on Assets0.69%

Miscellaneous

Outstanding Shares423,701,000

Market Cap$65.12 billion

Next Earnings Date4/21/2021 (Estimated)

OptionableOptionable

$153.69

-2.57 (-1.64 %)

(As of 01/21/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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The PNC Financial Services Group (NYSE:PNC) Frequently Asked Questions

How has The PNC Financial Services Group's stock been impacted by Coronavirus?

The PNC Financial Services Group's stock was trading at $101.94 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PNC shares have increased by 50.8% and is now trading at $153.69.
View which stocks have been most impacted by COVID-19.

Is The PNC Financial Services Group a buy right now?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The PNC Financial Services Group in the last year. There are currently 1 sell rating, 12 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" The PNC Financial Services Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PNC, but not buy additional shares or sell existing shares.
View analyst ratings for The PNC Financial Services Group or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than The PNC Financial Services Group?

Wall Street analysts have given The PNC Financial Services Group a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but The PNC Financial Services Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Larry J. Merlo's approval rating as The PNC Financial Services Group's CEO?

6,978 employees have rated The PNC Financial Services Group CEO Larry J. Merlo on Glassdoor.com. Larry J. Merlo has an approval rating of 37% among The PNC Financial Services Group's employees. This puts Larry J. Merlo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

When is The PNC Financial Services Group's next earnings date?

The PNC Financial Services Group is scheduled to release its next quarterly earnings announcement on Wednesday, April 21st 2021.
View our earnings forecast for The PNC Financial Services Group.

How were The PNC Financial Services Group's earnings last quarter?

The PNC Financial Services Group, Inc. (NYSE:PNC) posted its earnings results on Thursday, January, 14th. The financial services provider reported $3.26 earnings per share for the quarter, topping the Zacks' consensus estimate of $2.65 by $0.61. The financial services provider earned $4.21 billion during the quarter, compared to analysts' expectations of $4.10 billion. The PNC Financial Services Group had a return on equity of 5.97% and a net margin of 38.16%. The business's revenue for the quarter was down 2.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.97 earnings per share.
View The PNC Financial Services Group's earnings history.

How often does The PNC Financial Services Group pay dividends? What is the dividend yield for The PNC Financial Services Group?

The PNC Financial Services Group announced a quarterly dividend on Tuesday, January 5th. Stockholders of record on Tuesday, January 19th will be paid a dividend of $1.15 per share on Friday, February 5th. This represents a $4.60 dividend on an annualized basis and a dividend yield of 2.99%. The ex-dividend date is Friday, January 15th.
View The PNC Financial Services Group's dividend history.

Is The PNC Financial Services Group a good dividend stock?

The PNC Financial Services Group pays an annual dividend of $4.60 per share and currently has a dividend yield of 2.94%. The PNC Financial Services Group does not yet have a strock track record of dividend growth. The dividend payout ratio of The PNC Financial Services Group is 40.39%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, The PNC Financial Services Group will have a dividend payout ratio of 54.25% next year. This indicates that The PNC Financial Services Group will be able to sustain or increase its dividend.
View The PNC Financial Services Group's dividend history.

What price target have analysts set for PNC?

21 brokers have issued 1-year price objectives for The PNC Financial Services Group's shares. Their forecasts range from $109.00 to $179.00. On average, they expect The PNC Financial Services Group's share price to reach $147.41 in the next year. This suggests that the stock has a possible downside of 4.1%.
View analysts' price targets for The PNC Financial Services Group or view Wall Street analyst' top-rated stocks.

Who are some of The PNC Financial Services Group's key competitors?

Some companies that are related to The PNC Financial Services Group include Truist Financial (TFC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), East West Bancorp (EWBC), Signature Bank (SBNY), Commerce Bancshares (CBSH), First Horizon (FHN), Zions Bancorporation, National Association (ZION), Western Alliance Bancorporation (WAL) and Prosperity Bancshares (PB).
View all of PNC's competitors.

What other stocks do shareholders of The PNC Financial Services Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other The PNC Financial Services Group investors own include JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO), Intel (INTC), Johnson & Johnson (JNJ), Bank of America (BAC), AT&T (T), Verizon Communications (VZ), The Procter & Gamble (PG), Costco Wholesale (COST) and McDonald's (MCD).

Who are The PNC Financial Services Group's key executives?

The PNC Financial Services Group's management team includes the following people:

Mr. William S. Demchak, Chairman, Pres & CEO (Age 58, Pay $7.05M)
Mr. Robert Q. Reilly, Exec. VP & CFO (Age 55, Pay $2.54M)
Mr. E. William Parsley III, Exec. VP & COO (Age 54, Pay $3.56M)
Mr. Michael Patrick Lyons, Exec. VP and Head of Corp. & Institutional Banking (Age 49, Pay $3.61M)
Ms. Karen L. Larrimer, Exec. VP, Chief Customer Officer & Head of Retail Banking (Age 57, Pay $2.53M)
Mr. Steven C. Van Wyk, Exec. VP and Head of Technology & Innovation (Age 61)
Mr. Gregory Baldwin Jordan Esq., Exec. VP, Gen. Counsel & Chief Admin. Officer (Age 60)
Mr. Bryan K. Gill, EVP, Director of Investor Relations
Ms. Vicki C. Henn, Exec. VP & Chief HR Officer (Age 51)
Mr. Michael J. Hannon, Exec. VP & Chief Credit Officer (Age 63)

What is The PNC Financial Services Group's stock symbol?

The PNC Financial Services Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "PNC."

Who are The PNC Financial Services Group's major shareholders?

The PNC Financial Services Group's stock is owned by many different retail and institutional investors. Top institutional investors include Boston Trust Walden Corp (0.11%), Park National Corp OH (0.03%), Huntington National Bank (0.03%), Manning & Napier Group LLC (0.03%), State of Alaska Department of Revenue (0.03%) and Fulton Breakefield Broenniman LLC (0.02%). Company insiders that own The PNC Financial Services Group stock include Andrew T Feldstein, 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, Richard J Harshman, Robert Q Reilly, Stacy M Juchno, Vicki C Henn and William S Demchak.
View institutional ownership trends for The PNC Financial Services Group.

Which major investors are selling The PNC Financial Services Group stock?

PNC stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc., Boston Trust Walden Corp, UNIVEST FINANCIAL Corp, Fulton Breakefield Broenniman LLC, State of Alaska Department of Revenue, Huntington National Bank, Manning & Napier Group LLC, and Donaldson Capital Management LLC. Company insiders that have sold The PNC Financial Services Group company stock in the last year include Michael J Hannon, and Robert Q Reilly.
View insider buying and selling activity for The PNC Financial Services Group or view top insider-selling stocks.

Which major investors are buying The PNC Financial Services Group stock?

PNC stock was bought by a variety of institutional investors in the last quarter, including Pendal Group Limited, Baldwin Brothers Inc. MA, Bogart Wealth LLC, TIAA FSB, Kestra Advisory Services LLC, Addenda Capital Inc., Columbia Trust Co 01012016, and IFM Investors Pty Ltd. Company insiders that have bought The PNC Financial Services Group stock in the last two years include Andrew T Feldstein, Charles E Bunch, Martin Pfinsgraff, and Richard J Harshman.
View insider buying and selling activity for The PNC Financial Services Group or or view top insider-buying stocks.

How do I buy shares of The 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is The PNC Financial Services Group's stock price today?

One share of PNC stock can currently be purchased for approximately $153.69.

How big of a company is The PNC Financial Services Group?

The PNC Financial Services Group has a market capitalization of $65.12 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. The PNC Financial Services Group employs 51,918 workers across the globe.

What is The PNC Financial Services Group's official website?

The official website for The PNC Financial Services Group is www.pnc.com.

How can I contact The PNC Financial Services Group?

The 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]

This page was last updated on 1/21/2021 by MarketBeat.com Staff

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