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 given a dividend of $1.15 per share on Wednesday, February 5th. This represents a $4.60 annualized dividend and a dividend yield of 2.98%. The ex-dividend date is Thursday, January 16th. View PNC Financial Services Group's Dividend History.

PNC Financial Services Group declared that its board has authorized a share repurchase plan on Thursday, November 8th 2018, which permits the company to buyback $900,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 1.5% of its stock through open market purchases. Stock buyback plans are generally 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 (EPS) for the quarter, beating the Zacks' 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 return on equity of 10.92% and a net margin of 24.83%. PNC Financial Services Group's quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the business posted $2.75 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 Friday, April 10th 2020. View Earnings Estimates for PNC Financial Services Group.

12 Wall Street 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 twelve months. This suggests a possible upside of 2.2% 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.

Media headlines about PNC stock have been trending very negative on Tuesday, according to InfoTrie. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. PNC Financial Services Group earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock'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 during the month of January. As of January 31st, there was short interest totalling 5,480,000 shares, an increase of 11.2% from the January 15th total of 4,930,000 shares. Based on an average daily volume of 1,810,000 shares, the short-interest ratio is currently 3.0 days. Approximately 1.3% of the shares of the stock 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), Commerce Bancshares (CBSH), Zions Bancorporation NA (ZION), Signature Bank (SBNY), East West Bancorp (EWBC), TCF Financial (TCF) and Western Alliance Bancorporation (WAL).

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

PNC Financial Services Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Street Corp (4.50%), FMR LLC (2.49%), Massachusetts Financial Services Co. MA (2.01%), Bank of America Corp DE (1.56%), Bank of New York Mellon Corp (0.83%) and Principal Financial Group Inc. (0.52%). 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 MUFG Securities EMEA plc, PGGM Investments, Bank of New York Mellon Corp, State Street Corp, Schroder Investment Management Group, Massachusetts Financial Services Co. MA, Sumitomo Mitsui Trust Holdings Inc. and Amundi Pioneer Asset Management Inc.. 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 AQR Capital Management LLC, Bank of America Corp DE, M&G Investment Management Ltd., Raymond James & Associates, Public Sector Pension Investment Board, Bank of Montreal Can, Jennison Associates LLC and Provident Trust Co.. 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 $154.13.

PNC Financial Services Group has a market capitalization of $68.63 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]