Principal Financial Group, Inc. (PFG)
Market Cap | 18.61B |
Revenue (ttm) | 13.67B |
Net Income (ttm) | 623.20M |
Shares Out | 235.15M |
EPS (ttm) | 2.55 |
PE Ratio | 31.03 |
Forward PE | 10.31 |
Dividend | $2.84 (3.59%) |
Ex-Dividend Date | Jun 3, 2024 |
Volume | 1,398,114 |
Open | 78.93 |
Previous Close | 81.06 |
Day's Range | 77.25 - 81.06 |
52-Week Range | 65.17 - 86.79 |
Beta | 1.24 |
Analysts | Hold |
Price Target | 79.79 (+0.85%) |
Earnings Date | Apr 25, 2024 |
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, PFG'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 $79.79, which is an increase of 0.85% from the latest price.
News
Principal Financial Group Announces First Quarter 2024 Results
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced results for first quarter 2024. First Quarter 2024 Highlights Net income attributable to Principal Financial Group...
Principal® achieves sustainability goals in newly released report
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® has met or exceeded its multi-year sustainability goals according to findings in the 2023 Sustainability Report released today. The 2023 S...
Principal to Announce First Quarter 2024 Financial Results
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced today that it will release first quarter 2024 financial results after U.S. markets close on Thursday, April 25, 20...
Principal Financial Group® Announces Full Year and Fourth Quarter 2023 Results as well as 2024 Outlook
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced results for full year and fourth quarter 2023. Non-GAAP net income attributable to PFG excluding exited business1 ...
Principal® CEO Dan Houston to Speak at 2024 Bank of America Financial Services Conference
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced today that Dan Houston, chairman, president, and chief executive officer, will participate in a fireside chat at t...
Principal® Names Kamal Bhatia Head of Asset Management
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) today announced Kamal Bhatia, global head of investments and president of Principal® Funds and chairman of Principal Funds B...
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 2023 financial results and the company's outlook for 2024 ...
Principal Financial Group® Announces Third Quarter 2023 Results
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced results for third quarter 2023. Non-GAAP net income attributable to PFG excluding income from exited business1 for...
Principal Financial Group® Chairman, President & CEO Dan Houston Recognized with the 2023 Ray Lillywhite Award by EBRI at the Defined Contribution West Conference in San Diego, CA
WASHINGTON--(BUSINESS WIRE)--Principal Financial Group® chairman, president & CEO Dan Houston received the 2023 Ray Lillywhite Award today from the Employee Benefit Research Institute (EBRI) at the De...
Principal to Announce Third Quarter 2023 Financial Results
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced today that it will release third quarter 2023 financial results after U.S. markets close on Thursday, October 26, ...
Regional banks facing credit losses for commercial real estate: Moody's study
A survey of commercial real estate exposure by U.S. regional banks reveals increasing asset risk and potential credit losses as loans mature over the next 18 months, Moody's Investors Service said.
Deanna Strable to Speak at Barclays Global Financial Services Conference
DES MOINES, Iowa--(BUSINESS WIRE)--Today, Principal Financial Group® (Nasdaq: PFG) announced Deanna Strable, executive vice president and chief financial officer, will participate in a fireside chat a...
Principal Financial Group® Announces Second Quarter 2023 Results
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced results for second quarter 2023. Non-GAAP net income attributable to PFG excluding income from exited business1 fo...
You can still run with the stock market's bulls, but watch the exits
The stock market, as measured by the S&P 500 Index SPX, -0.64%), has been moving upward. The U.S. benchmark index is essentially crawling up the higher “modified Bollinger Bands” (mBB), which is a bi...
Principal® launches Focused Blue Chip ETF
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Asset ManagementSM today launched the Focused Blue Chip ETF (BCHP). This ETF will be a large-cap growth portfolio managed by Principal Aligned, the equitie...
Principal® to announce second quarter 2023 financial results
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced today that it will release second quarter 2023 financial results on Thursday, July 27, 2023, after U.S. markets cl...
Principal® Foundation Invests More Than $30 Million to Help Over 8 Million People Access Greater Financial Security
DES MOINES, Iowa--(BUSINESS WIRE)--Principal® Foundation, the corporate foundation endowed by Principal Financial Group® (NASDAQ: PFG), exceeded its goal to invest $30 million over two years to advanc...
Solar Landscape Community Solar Project Brings Workforce Development to New Jersey Residents
Community Solar Installation in Secaucus Enables Career Training in Nearby Edison ASBURY PARK, N.J. , May 3, 2023 /PRNewswire/ -- Solar Landscape has completed construction of a 556-kilowatt (DC) roof...
Principal Financial Group® Announces First Quarter 2023 Results
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced results for first quarter 2023. Non-GAAP net income attributable to PFG excluding loss from exited business1 for f...
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Principal to Announce First Quarter 2023 Financial Results
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced today that it will release first quarter 2023 financial results 15 minutes after U.S. markets close on Thursday, A...
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Principal Financial Group Announces 2023 and Long-Term Outlook
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced its 2023 and long-term financial guidance today. Dan Houston, chairman, president, and CEO, and Deanna Strable, CF...
Principal® Announces Integration of Global Asset Management and International Pension Businesses
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced today it is integrating its global asset management and international pension businesses under Principal Asset Man...