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 3.23%. The ex-dividend date is Wednesday, October 16th. View PNC Financial Services Group's Dividend History.

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

PNC Financial Services Group Inc (NYSE:PNC) issued its quarterly earnings results on Wednesday, October, 16th. The financial services provider reported $2.94 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $2.80 by $0.14. The financial services provider had revenue of $4.49 billion for the quarter, compared to the consensus estimate of $4.41 billion. PNC Financial Services Group had a net margin of 25.46% and a return on equity of 11.10%. PNC Financial Services Group's revenue for the quarter was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.82 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, January 15th 2020. View Earnings Estimates for PNC Financial Services Group.

13 analysts have issued 12-month target prices for PNC Financial Services Group's shares. Their forecasts range from $123.89 to $157.00. On average, they expect PNC Financial Services Group's stock price to reach $142.99 in the next twelve months. This suggests a possible upside of 0.5% from the stock's current price. View Analyst Price Targets for PNC Financial Services Group.

13 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 3 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 been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. PNC Financial Services Group earned a news sentiment score of -1.4 on InfoTrie's scale. They also gave news coverage 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 effect on the company'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 in 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 trading volume, of 2,060,000 shares, the short-interest ratio is presently 2.4 days. Currently, 1.1% of the shares of the company are short sold. 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), UBS Group (UBS), Capital One Financial (COF), 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 many different of retail and institutional investors. Top institutional investors include Hexavest Inc. (0.09%), Envestnet Asset Management Inc. (0.06%), Nisa Investment Advisors LLC (0.05%), Robeco Institutional Asset Management B.V. (0.03%), Cardinal Capital Management Inc. (0.03%) and State of Alaska Department of Revenue (0.03%). 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 Robeco Institutional Asset Management B.V., Decatur Capital Management Inc., Atlantic Union Bankshares Corp, Gateway Investment Advisers LLC, Ferguson Wellman Capital Management Inc., National Investment Services Inc. WI, Hexavest Inc. and Addenda Capital Inc.. 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, Envestnet Asset Management Inc., Dalton Greiner Hartman Maher & Co., Meeder Asset Management Inc., Baldwin Brothers Inc. MA, Nisa Investment Advisors LLC and Park National Corp OH. 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 $142.28.

PNC Financial Services Group has a market capitalization of $63.35 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]