Principal Financial Group, Inc. (PFG)

NASDAQ: PFG · Real-Time Price · USD
81.66
+0.52 (0.64%)
Jan 17, 2025, 4:00 PM EST - Market closed
0.64%
Market Cap 18.68B
Revenue (ttm) 14.07B
Net Income (ttm) -206.10M
Shares Out 228.73M
EPS (ttm) -0.88
PE Ratio n/a
Forward PE 10.07
Dividend $2.92 (3.58%)
Ex-Dividend Date Dec 2, 2024
Volume 1,217,795
Open 81.67
Previous Close 81.14
Day's Range 81.19 - 81.99
52-Week Range 72.21 - 91.98
Beta 1.22
Analysts Hold
Price Target 83.64 (+2.43%)
Earnings Date Feb 6, 2025

About PFG

Principal Financial Group, Inc. provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection segments. The Retirement and Income Solutions segment provides retirement, and related financial products and services. It offers products and services for defined contribution plans, including 401(k) and 403(b) plans, defined benefit plans, nonqualified execu... [Read more]

Sector Financials
Founded 1879
Employees 19,800
Stock Exchange NASDAQ
Ticker Symbol PFG
Full Company Profile

Financial Performance

In 2023, Principal Financial Group's revenue was $13.67 billion, a decrease of -22.07% compared to the previous year's $17.54 billion. Earnings were $623.20 million, a decrease of -86.90%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for PFG stock is "Hold." The 12-month stock price forecast is $83.64, which is an increase of 2.43% from the latest price.

Price Target
$83.64
(2.43% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Amy Friedrich to Speak at 2025 UBS Financial Services Conference

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced today that Amy Friedrich, president, Benefits & Protection, will participate in a fireside chat at the UBS Financi...

4 days ago - Business Wire

Principal Financial Group to Hold Combined Earnings and Outlook Call

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced today that it will release fourth quarter and full year 2024 financial results and the company's outlook for 2025 ...

7 days ago - Business Wire

Principal® to Host World Cancer Day Event Featuring ESPN's V Foundation CEO

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® invites community members to its global headquarters in Des Moines on World Cancer Day, Thursday, February 4, for an educational event wit...

7 days ago - Business Wire

Top 3 Financial Stocks Which Could Rescue Your Portfolio For December

The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.

Other symbols: HRZNPFLT
4 weeks ago - Benzinga

14 Upcoming Dividend Increases, Including A King

Happy Thanksgiving! Enjoy the holiday season and dividend raises. Fourteen companies increased dividends this week, with Lancaster Colony extending its 62-year streak by 5.6%. The average dividend inc...

7 weeks ago - Seeking Alpha

Principal® Appoints Lisa Coulson to Lead Human Resources

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) today announced Lisa Coulson as the company's next chief human resources officer and senior vice president, effective Nov. 3...

2 months ago - Business Wire

Principal Financial Upgraded As Growth Indicators And 3% Yield Looks Positive

Principal Financial gets upgraded to a buy, as it shows growth indicators that could drive its insurance premiums and fees revenue, along with positive EPS guidance. Its 3% dividend yield is competiti...

2 months ago - Seeking Alpha

Principal® names Deanna Strable next president and CEO

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) today announced the Board of Directors has appointed president and chief operating officer Deanna Strable as the company's n...

2 months ago - Business Wire

Group Health Life and Benefits Brokers can leverage PerfectQuote's Digital Quoting Platform to receive underwritten quotes directly from Principal Financial Group®.

AUSTIN, Texas , Nov. 7, 2024 /PRNewswire/ -- PerfectQuote, Inc., a leading group health digital quoting platform, announced its collaboration with Principal Financial Group ®, to provide PerfectQuote ...

2 months ago - PRNewsWire

Principal to Host Investor Day on November 18, 2024

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced today that it will host its 2024 Investor Day on Monday, November 18, 2024, from 1 p.m. to 4 p.m. EST in New York ...

2 months ago - Business Wire

Principal Financial Group, Inc. (PFG) Q3 2024 Earnings Call Transcript

Principal Financial Group, Inc. (NASDAQ:PFG) Q3 2024 Earnings Conference Call October 25, 2024 10:00 AM ET Company Participants Humphrey Lee - VP, IR Daniel Houston - Chairman, President & CEO Deanna...

3 months ago - Seeking Alpha

Principal Financial Group Announces Third Quarter 2024 Results

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced results for third quarter 2024. Third Quarter 2024 Highlights Net loss attributable to Principal Financial Group (...

3 months ago - Business Wire

Principal to Announce Third Quarter 2024 Financial Results

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced today that it will release third quarter 2024 financial results 15 minutes after U.S. markets close on Thursday, O...

3 months ago - Business Wire

FBLA Conferences Bring Networking, Career Opportunities, and Advice to College Students

Reston, Virginia, Oct. 03, 2024 (GLOBE NEWSWIRE) -- College students from across the country are invited to attend two Career Connections Conferences hosted by Future Business Leaders of America, Inc....

3 months ago - GlobeNewsWire

10 ‘enhanced value' stocks of companies expected to grow quickly through 2026

A narrowly focused screen of value stocks highlights stocks trading cheaply to book value, sales and earnings, but which are also expected to increase sales per share rapidly

Other symbols: ACGLCIEGFANGGMMKCMOH
4 months ago - Market Watch

2024 Principal® Charity Classic raised record $8.6 million for Iowa youth

DES MOINES, Iowa--(BUSINESS WIRE)--The Principal® Charity Classic today announced its 2024 tournament raised a record $8.6 million in support of Iowa youth. The annual PGA TOUR Champions event in Des ...

4 months ago - Business Wire

15 Upcoming Dividend Increases Including A King

This week, 15 companies, including Dividend King Stanley Black & Decker, are set to increase dividends, with SWK extending its 57-year streak by 1.2%. My strategy focuses on buying, holding, and addin...

5 months ago - Seeking Alpha

Principal® names Deanna Strable President and Chief Operating Officer

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) today announced that Deanna Strable, executive vice president and current chief financial officer, is named president and ch...

5 months ago - Business Wire

CFO Deanna Strable to Speak at 2024 KBW Insurance Conference

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced today that Deanna Strable, executive vice president and chief financial officer, will participate in a fireside ch...

5 months ago - Business Wire

Principal Financial Group, Inc. (PFG) Q2 2024 Earnings Call Transcript

Principal Financial Group, Inc. (NASDAQ:PFG) Q2 2024 Earnings Conference Call July 26, 2024 10:00 AM ET Company Participants Humphrey Lee - Vice President, Investor Relations Daniel Houston - Chairma...

6 months ago - Seeking Alpha

Principal Financial Group Announces Second Quarter 2024 Results

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced results for second quarter 2024. Second Quarter 2024 Highlights Net income attributable to Principal Financial Gro...

6 months ago - Business Wire

Principal to Announce Second Quarter 2024 Financial Results

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced today that it will release second quarter 2024 financial results on Thursday, July 25, 2024, 15 minutes after U.S....

7 months ago - Business Wire

Principal® Direct Lending Business Launches Private Credit Fund

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Asset ManagementSM today launched the Principal Private Credit Fund I, offering exposure to lower and core middle market loans, with immediate access to th...

8 months ago - Business Wire

13 Upcoming Dividend Increases Including A King

PepsiCo announces a 7.1% increase in dividends, extending its 52-year streak of dividend growth. The overall group of companies featured in the article has an average dividend increase of 4.9% and a m...

8 months ago - Seeking Alpha

Principal® announces new 12-month Apprentice Program

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® has created the Principal® Apprentice Program (the Program), a 12-month immersive program that provides pathways to full-time employment a...

8 months ago - Business Wire