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 Monday, July 8th. Shareholders of record on Friday, July 19th will be paid a dividend of $1.15 per share on Monday, August 5th. This represents a $4.60 dividend on an annualized basis and a yield of 3.27%. The ex-dividend date is Thursday, July 18th. This is an increase from PNC Financial Services Group's previous quarterly dividend of $0.95. View PNC Financial Services Group's Dividend History.

PNC Financial Services Group announced that its Board of Directors has initiated a share 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 purchase up to 1.5% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board of directors believes its shares are undervalued.

PNC Financial Services Group Inc (NYSE:PNC) announced its quarterly earnings data on Wednesday, July, 17th. The financial services provider reported $2.88 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate 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 business's revenue was up 2.7% compared to the same quarter last year. During the same quarter 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 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

15 Wall Street analysts have issued 1-year price objectives for PNC Financial Services Group's shares. Their forecasts range from $123.89 to $160.00. On average, they expect PNC Financial Services Group's share price to reach $143.2223 in the next year. This suggests a possible upside of 1.7% from the stock's current price. View Analyst Price Targets for PNC Financial Services Group.

15 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 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for PNC Financial Services Group.

News articles about PNC stock have been trending somewhat negative this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media 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 positive five, with scores nearest to five being the most favorable. PNC Financial Services Group earned a daily sentiment score of -1.3 on InfoTrie's scale. They also assigned news articles 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 effect on the stock's share price in the near term. View News Stories for PNC Financial Services Group.

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), Capital One Financial (COF), UBS Group (UBS), Intesa Sanpaolo (ISNPY), 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), Verizon Communications (VZ), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Intel (INTC), Procter & Gamble (PG), AT&T (T), Anworth Mortgage Asset Corp Reit (ANH) and Home Depot (HD).

PNC Financial Services Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.59%), BlackRock Inc. (6.05%), BlackRock Inc. (6.05%), Price T Rowe Associates Inc. MD (2.66%), Invesco Ltd. (1.53%) and Northern Trust Corp (1.16%). 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 Price T Rowe Associates Inc. MD, Royal Bank of Canada, Quest Capital Management Inc. ADV, Schroder Investment Management Group, Diamond Hill Capital Management Inc., NN Investment Partners Holdings N.V., Chilton Investment Co. LLC and LSV Asset Management. 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 Nuveen Asset Management LLC, Thoroughbred Financial Services LLC, Putnam Investments LLC, Hexavest Inc., Balyasny Asset Management LLC, Caisse DE Depot ET Placement DU Quebec, Vanguard Group Inc. and Bahl & Gaynor Inc.. 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 $140.88.

PNC Financial Services Group has a market capitalization of $62.73 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]