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Principal Financial Group Inc (PFG)

NASDAQ: PFG · IEX Real-Time Price · USD
69.03 -0.74 (-1.06%)
Oct 21, 2021 12:01 PM EDT - Market open
Market Cap18.72B
Revenue (ttm)13.82B
Net Income (ttm)1.59B
Shares Out272.01M
EPS (ttm)5.75
PE Ratio12.01
Forward PE9.87
Dividend$2.29 (3.32%)
Ex-Dividend DateAug 31, 2021
Volume219,921
Open69.43
Previous Close69.77
Day's Range68.82 - 69.85
52-Week Range36.04 - 69.96
Beta1.61
AnalystsBuy
Price Target72.00 (+4.3%)
Est. Earnings DateOct 26, 2021

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 in Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments. The Retirement and Income Solutions segment provides a portfolio of asset accumulation products and services for retirement savings and income. It offers products and services for defined contribution plans, including 401(k) and ...

IndustryInsurance
Founded1879
CEOLarry Zimpleman
Employees17,400
Stock ExchangeNASDAQ
Ticker SymbolPFG
Full Company Profile

Financial Performance

In 2020, PFG's revenue was $14.74 billion, a decrease of -9.13% compared to the previous year's $16.22 billion. Earnings were $1.40 billion, an increase of 0.11%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for PFG stock is "Buy." The 12-month stock price forecast is 72.00, which is an increase of 4.30% from the latest price.

Price Target
$72.00
(4.30% upside)
Analyst Consensus: Buy

News

Principal Financial (PFG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Principal Financial (PFG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 day ago - Zacks Investment Research

Here's How Much You Would Have Made Owning Principal Financial Gr Stock In The Last 20 Years

Principal Financial Gr (NASDAQ:PFG) has outperformed the market over the past 90 days by 10.7%, generating a 12.65% return for its investors over the time period. Now, given this information, it may see...

1 week ago - Benzinga

Principal to Announce Third Quarter 2021 Financial Results

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® will release third quarter 2021 financial results 15 minutes after U.S. markets close on Tuesday, October 26, 2021.

2 weeks ago - Business Wire

$100 Invested In This Stock Over The Last 20 Years, Would Be Worth This Much

Principal Financial Gr (NASDAQ:PFG) has outperformed the market over the past 90 days by 7.29%, generating a 5.6% return for its investors over the time period. Now, given this information, it may seem ...

2 weeks ago - Benzinga

Principal Financial Group Stock Has Gained 7% In A Week: Is More To Come?

Principal Financial Group stock, which is an American global financial investment management, and insurance company, has gained 7.3% in the last week. But will the company's stock continue to rise over ...

3 weeks ago - Forbes

Principal® Study: Top Retirement Savers Sock Away More During Pandemic

DES MOINES, Iowa--(BUSINESS WIRE)--Principal releases annual study of top U.S. retirement savers' habits and trends.

3 weeks ago - Business Wire

Principal Charity Classic Sets Charitable Giving Record in 2021

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Charity Classic set new event record with more than $7.3 million raised in 2021 in support of Iowa children's charities.

1 month ago - Business Wire

Reasons Why Investors Should Retain Principal Financial (PFG)

Principal Financial (PFG) continues to benefit from higher assets under management, improved liquidity position and effective capital deployment.

1 month ago - Zacks Investment Research

Principal Financial (PFG) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Principal Financial (PFG) have what it takes?

1 month ago - Zacks Investment Research

Industry Veteran Joins Principal® to Lead New Global Platforms Unit to Accelerate Growth of Asset Management Business

DES MOINES, Iowa--(BUSINESS WIRE)--Barbara Wenig joins Principal Financial Group to help advance the strategic initiatives of its asset management business and grow its global platforms

1 month ago - Business Wire

PFG vs. TROW: Which Stock Should Value Investors Buy Now?

PFG vs. TROW: Which Stock Is the Better Value Option?

Other symbols:TROW
1 month ago - Zacks Investment Research

Principal Financial (PFG) Upgraded to Buy: Here's What You Should Know

Principal Financial (PFG) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

1 month ago - Zacks Investment Research

Why Principal Financial (PFG) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Principal Financial (PFG) have what it takes?

1 month ago - Zacks Investment Research

Principal Financial (PFG) Up 8.5% Since Last Earnings Report: Can It Continue?

Principal Financial (PFG) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

Small and Medium-Sized Businesses Plan to Increase Employee Benefits to Spur Hiring, Growth

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® reported today an increased focus on key employee well-being initiatives and how benefits are helping employers cope with the pandemic fluct...

1 month ago - Business Wire

PFG or TROW: Which Is the Better Value Stock Right Now?

PFG vs. TROW: Which Stock Is the Better Value Option?

Other symbols:TROW
2 months ago - Zacks Investment Research

Principal® Announces Executive Promotions Within Corporate Finance, U.S. Insurance Solutions

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® today announced senior management promotions within corporate finance and U.S. Insurance Solutions (USIS). Joel Pitz is named senior vice pr...

2 months ago - Business Wire

Principal Financial Group® Issues $600 Million Sustainability Bond

DES MOINES, Iowa--(BUSINESS WIRE)--Principal issued its first sustainability bond in the amount of $600 million and will allocate bond proceeds to eligible green and social initiatives.

2 months ago - Business Wire

Are You Looking for a High-Growth Dividend Stock? Principal Financial (PFG) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Principal Financial (PFG) have what it takes?

2 months ago - Zacks Investment Research

Principal® Completes Integration of Wells Fargo Institutional Retirement Business

DES MOINES, Iowa--(BUSINESS WIRE)--Principal® announces completion of Wells Fargo Institutional Retirement business.

2 months ago - Business Wire

PFG vs. SEIC: Which Stock Should Value Investors Buy Now?

PFG vs. SEIC: Which Stock Is the Better Value Option?

Other symbols:SEIC
2 months ago - Zacks Investment Research

Principal Financial (PFG) Q2 Earnings Beat, Revenues Miss

Principal Financial (PFG) Q2 earnings reflect solid performance across most of its segments as well as higher assets under management.

2 months ago - Zacks Investment Research

Principal Financial (PFG) Beats Q2 Earnings Estimates

Principal Financial (PFG) delivered earnings and revenue surprises of 11.11% and -2.34%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Principal Financial Gr: Q2 Earnings Insights

Shares of Principal Financial Gr (NASDAQ:PFG) increased in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 16.44% over the past year to $1.70, wh...

2 months ago - Benzinga

Principal Financial Group® Announces Second Quarter 2021 Results

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced results for second quarter 2021

2 months ago - Business Wire