The PNC Financial Services Group Stock Forecast, Price & News

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

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The PNC Financial Services Group in the last twelve months. 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.

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.

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.

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.

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

The PNC Financial Services Group declared a quarterly dividend on Tuesday, January 5th. Investors 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 yield of 2.99%. The ex-dividend date is Friday, January 15th.
View The PNC Financial Services Group's dividend history.

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.

21 analysts have issued 1 year price targets for The PNC Financial Services Group's stock. Their forecasts range from $109.00 to $179.00. On average, they anticipate 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.

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), First Horizon (FHN), Commerce Bancshares (CBSH), Zions Bancorporation, National Association (ZION), Western Alliance Bancorporation (WAL) and Prosperity Bancshares (PB).
View all of PNC's competitors.

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).

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

The PNC Financial Services Group's stock is owned by many different retail and institutional investors. Top institutional shareholders 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.

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.

PNC stock was purchased 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.

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.

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

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.

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

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]