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Principal Financial (PFG)
NASDAQ:PFG
Holding PFG?
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PFG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$66.21 - $88.26
Previous Close$83.82
Volume727.72K
Average Volume (3M)1.26M
Market Cap
$19.41B
Enterprise Value$19.78B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$49.90M
Price to Earnings (P/E)16.0
Beta1.03
Next Earnings
Oct 24, 2024EPS Estimate
$1.98Last Dividend Ex-Date
Sep 05, 2024Dividend Yield3.31%
Share Statistics
EPS (TTM)5.13
Shares Outstanding231,583,716
10 Day Avg. Volume1,265,175
30 Day Avg. Volume1,259,832
Standard Deviation0.09
R-Squared0.48
Alpha-0.00033
Financial Highlights & Ratios
Price to Book (P/B)1.76
Price to Sales (P/S)1.22
Price to Cash Flow (P/CF)3.30
P/FCF Ratio3.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.26
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$84.91Price Target Upside1.41% Upside
Rating ConsensusHold
Number of Analyst Covering11
Principal Financial News
PremiumCompany Announcements
Principal Financial Announces Key Leadership Appointments
Bulls Say, Bears Say
Bulls Say
Capital DeploymentManagement reiterated its capital deployment guidance of $1.5-1.8bn, with $0.8-1.1bn of buybacks and the balance consisting of dividends.
Capital LevelsCapital levels remain healthy, with roughly $1.4bn of excess and available capital.
Sales PerformanceSpecialty benefits sales were strong and slightly higher than expected.
Bears Say
CapitalExcess and available capital is $1.4b, down from ~$1.7b at year-end 2023.
EarningsContinued weak results at PGI (both flows and fee revenue) will be an overhang on the stock.
Financial PerformanceFee compression was a negative, driven by business mix shifts and weak real estate results, and will remain a key focus.
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Ownership Overview
1.48% Insiders
22.06% Mutual Funds
41.30% Other Institutional Investors
35.16% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PFG FAQ
What was Principal Financial’s price range in the past 12 months?
Principal Financial lowest stock price was $66.21 and its highest was $88.26 in the past 12 months.
What is Principal Financial’s market cap?
Currently, no data Available
When is Principal Financial’s upcoming earnings report date?
Principal Financial’s upcoming earnings report date is Oct 24, 2024 which is in 35 days.
How were Principal Financial’s earnings last quarter?
Principal Financial released its earnings results on Jul 25, 2024. The company reported $1.63 earnings per share for the quarter, missing the consensus estimate of $1.835 by -$0.205.
Is Principal Financial overvalued?
According to Wall Street analysts Principal Financial’s price is currently Undervalued.
Does Principal Financial pay dividends?
Principal Financial pays a Quarterly dividend of $0.72 which represents an annual dividend yield of 3.31%. See more information on Principal Financial dividends here
What is Principal Financial’s EPS estimate?
Principal Financial’s EPS estimate is $1.98.
How many shares outstanding does Principal Financial have?
Principal Financial has 231,583,710 shares outstanding.
What happened to Principal Financial’s price movement after its last earnings report?
Principal Financial reported an EPS of $1.63 in its last earnings report, missing expectations of $1.835. Following the earnings report the stock price went down -3.418%.
Which hedge fund is a major shareholder of Principal Financial?
Among the largest hedge funds holding Principal Financial’s share is Mairs & Power Inc. It holds Principal Financial’s shares valued at 95M.
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Principal Financial Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$84.91 (1.41% Upside)
$84.91 (1.41% Upside)
Blogger Sentiment
Bullish
PFG Sentiment 66%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 40.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 1.4%
Last 30 Days ▲ 1.3%
Last 30 Days ▲ 1.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
12.84%
12-Months-Change
Fundamentals
Return on Equity
11.80%
Trailing 12-Months
Asset Growth
3.56%
Trailing 12-Months
Company Description
Principal Financial
Principal Financial Group, Inc. is a financial company, which offers financial products and services to businesses, individuals and institutional clients. It specializes in retirement solutions, insurance, and investment products through its diverse family of financial services companies and national network of financial professionals. It operates its business through following segments: Retirement and Income Solutions, Principal Global Investors, Principal International, U.S. Insurance Solutions and Corporate. The Retirement and Income Solutions segment provides retirement and related financial products and services primarily to businesses, their employees and other individuals. The Principal Global Investors segment provides asset management services to asset accumulation business, insurance operations, corporate segment and third party clients and also refers to mutual fund business. The Principal International segment offers pension accumulation products and services, mutual funds, asset management, income annuities and life insurance accumulation products. The U.S. Insurance Solutions segment operates through two divisions. Specialty benefits insurance division consists of group dental and vision insurance, individual and group disability insurance, group life insurance and non-medical fee-for-service claims administration. Individual life insurance division provides solutions for small & medium-sized businesses. The Corporate segment manages the assets representing capital that has not been allocated to any other segment. The company was founded by Edward A. Temple in 1879 and is headquartered in Des Moines, IA.
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PFG Company Deck
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PFG Earnings Call
Q2 2024
0:00 / 0:00
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PFG Stock 12 Month Forecast
Average Price Target
$84.91
▲(1.41% Upside)
Technical Analysis
Best Analysts Covering PFG
1 Year
1 Year Success Rate
2/5 ratings generated profit
1 Year Average Return
-2.62%
reiterated a sell rating 2 months ago
Copying Michael Ward CFA's trades and holding each position for 1 Year would result in 40.00% of your transactions generating a profit, with an average return of -2.62% per trade.
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