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

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 4th. Investors of record on Wednesday, October 17th will be given a dividend of $0.95 per share on Monday, November 5th. This represents a $3.80 annualized dividend and a dividend yield of 3.10%. The ex-dividend date of this dividend is Tuesday, October 16th. View PNC Financial Services Group's Dividend History.

PNC Financial Services Group announced that its board has initiated a stock repurchase plan on Thursday, November 8th 2018, which permits the company to buyback $900,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 1.5% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board believes its shares are undervalued.

PNC Financial Services Group Inc (NYSE:PNC) announced its quarterly earnings results on Friday, October, 12th. The financial services provider reported $2.82 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.73 by $0.09. The financial services provider earned $4.36 billion during the quarter, compared to analyst estimates of $4.32 billion. PNC Financial Services Group had a net margin of 30.97% and a return on equity of 10.88%. During the same period in the prior year, the business posted $2.16 EPS. View PNC Financial Services Group's Earnings History.

PNC Financial Services Group is scheduled to release their next quarterly earnings announcement on Wednesday, January 16th 2019. View Earnings Estimates for PNC Financial Services Group.

PNC Financial Services Group will be holding an earnings conference call on Wednesday, January 16th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

18 equities research analysts have issued 12 month target prices for PNC Financial Services Group's stock. Their predictions range from $137.00 to $170.00. On average, they expect PNC Financial Services Group's share price to reach $154.9286 in the next twelve months. This suggests a possible upside of 26.2% from the stock's current price. View Analyst Price Targets for PNC Financial Services Group.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PNC Financial Services Group in the last year. There are currently 12 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for PNC Financial Services Group.

News headlines about PNC stock have been trending neutral recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. PNC Financial Services Group earned a media sentiment score of 0.3 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an impact on the company's share price in the near term.

PNC Financial Services Group saw a increase in short interest in the month of November. As of November 15th, there was short interest totalling 6,740,519 shares, an increase of 59.0% from the October 31st total of 4,239,985 shares. Based on an average trading volume of 2,949,068 shares, the short-interest ratio is currently 2.3 days. Approximately 1.5% of the company's shares are short sold. View PNC Financial Services Group's Current Options Chain.

Some companies that are related to PNC Financial Services Group include Citigroup (C), U.S. Bancorp (USB), Industrial & Cmrcl Bnk f China (IDCBY), UBS Group (UBS), National Australia Bank (NABZY), DBS GRP HOLDING/S (DBSDY), Mizuho Financial Group (MFG), Capital One Financial (COF), BB&T (BBT), Intesa Sanpaolo (ISNPY), BANCO DO BRASIL/S (BDORY), SunTrust Banks (STI), Standard Chartered (SCBFF), DANSKE BK A/S/S (DNKEY) and Shinhan Financial Group (SHG).

PNC Financial Services Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.32%), BlackRock Inc. (5.92%), Capital World Investors (3.33%), JPMorgan Chase & Co. (2.11%), Massachusetts Financial Services Co. MA (2.08%) and FMR LLC (1.77%). Company insiders that own PNC Financial Services Group stock include Charles E Bunch, E William Parsley III, Karen L Larrimer, Martin Pfinsgraff, Michael J Hannon, Michael P Lyons, Orlando C Esposito, Robert Q Reilly, 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 Capital Research Global Investors, FMR LLC, Jennison Associates LLC, Capital World Investors, Bank of New York Mellon Corp, Panagora Asset Management Inc., Mitsubishi UFJ Trust & Banking Corp and Massachusetts Financial Services Co. MA. Company insiders that have sold PNC Financial Services Group company stock in the last year include Michael J Hannon, Michael P Lyons, Robert Q Reilly and Wyk Steven C Van. 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 Capital International Investors, Clearbridge Investments LLC, Prudential Financial Inc., Sumitomo Mitsui Trust Holdings Inc., Polaris Greystone Financial Group LLC, Moody National Bank Trust Division, Capital Fund Management S.A. and Columbus Hill Capital Management L.P.. 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, Scottrade, Fidelity and Charles Schwab.

One share of PNC stock can currently be purchased for approximately $122.74.

PNC Financial Services Group has a market capitalization of $56.51 billion and generates $18.04 billion in revenue each year. The financial services provider earns $5.34 billion in net income (profit) each year or $8.50 on an earnings per share basis. PNC Financial Services Group employs 52,906 workers across the globe.

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]