Principal Financial Group, Inc. (PFG)
| Market Cap | 17.68B |
| Revenue (ttm) | 14.07B |
| Net Income (ttm) | -206.10M |
| Shares Out | 228.73M |
| EPS (ttm) | -0.88 |
| PE Ratio | n/a |
| Forward PE | 9.43 |
| Dividend | $2.92 (3.78%) |
| Ex-Dividend Date | Dec 2, 2024 |
| Volume | 2,572,116 |
| Open | 74.79 |
| Previous Close | 75.18 |
| Day's Range | 74.52 - 77.56 |
| 52-Week Range | 72.21 - 91.98 |
| Beta | 1.20 |
| Analysts | Hold |
| Price Target | 84.07 (+8.76%) |
| Earnings Date | Feb 10, 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]
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 StatementsAnalyst Forecast
According to 14 analysts, the average rating for PFG stock is "Hold." The 12-month stock price forecast is $84.07, which is an increase of 8.76% from the latest price.
News
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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...
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...
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...
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...
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 ...
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 ...
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...
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 (...
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...
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....
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
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 ...
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...
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...
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...
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...
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...
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....
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...
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...
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...
Principal® to acquire ESOP business from Ascensus
DES MOINES, Iowa--(BUSINESS WIRE)--Principal, the No. 1 employee stock ownership plan (ESOP) service provider in the U.S., is acquiring the ESOP recordkeeping business from Ascensus.
Principal® Announces Launch of New Private Infrastructure Debt Capability Aimed at Providing Safety, Stability, and Enhanced Returns Amidst a Constrained Financing Market
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Asset Management℠ today announced the launch of its new private infrastructure debt capability (the capability) and the hiring of Mansi Patel as senior man...
Principal® survey reveals businesses set to grow, amid increased levels of optimism
DES MOINES, Iowa--(BUSINESS WIRE)--According to the latest Principal Financial Well-Being IndexSM (WBI), business owners, decision makers, and business leaders report strong levels of growth. Despite ...