Principal Financial Group Inc (PFG)

NASDAQ: PFG · IEX Real-Time Price · USD
68.79
+0.57 (0.84%)
At close: Aug 8, 2022 4:00 PM
71.07
+2.28 (3.31%)
After-hours: Aug 8, 2022 4:43 PM EDT
0.84%
Market Cap 17.38B
Revenue (ttm) 14.16B
Net Income (ttm) 1.57B
Shares Out 252.68M
EPS (ttm) 5.83
PE Ratio 11.80
Forward PE 10.89
Dividend $2.55 (3.71%)
Ex-Dividend Date Jun 1, 2022
Volume 1,180,349
Open 68.71
Previous Close 68.22
Day's Range 68.54 - 69.55
52-Week Range 60.97 - 80.36
Beta 1.36
Analysts Hold
Price Target 69.75 (+1.4%)
Earnings Date Aug 8, 2022

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 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)... [Read more...]

Industry Insurance
Founded 1879
CEO Larry Zimpleman
Employees 18,600
Stock Exchange NASDAQ
Ticker Symbol PFG
Full Company Profile

Financial Performance

In 2021, PFG's revenue was $14.26 billion, a decrease of -3.25% compared to the previous year's $14.74 billion. Earnings were $1.71 billion, an increase of 22.55%.

Financial Statements

Analyst Forecast

According to 22 analysts, the average rating for PFG stock is "Hold." The 12-month stock price forecast is 69.75, which is an increase of 1.40% from the latest price.

Price Target
$69.75
(1.40% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Principal Financial Group® Announces Second Quarter 2022 Results

DES MOINES, Iowa--(BUSINESS WIRE)--Second quarter 2022 net income attributable to Principal® of $3.1 billion, or $11.94 per diluted share.

What's in Store for Principal Financial (PFG) in Q2 Earnings?

Principal Financial (PFG) second-quarter results are likely to reflect growth in the business, higher earnings from equity method investments and higher net customer cash flow.

Earnings Preview: Principal Financial (PFG) Q2 Earnings Expected to Decline

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.

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

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

Other symbols: NOAH

Principal Financial Group® names Teresa Hassara to lead U.S. workplace retirement business

DES MOINES, Iowa--(BUSINESS WIRE)--Principal hires Teresa Hassara as senior vice president of Retirement and Income Solutions to lead its workplace savings and retirement business.

Principal to Announce Second Quarter 2022 Financial Results

DES MOINES, Iowa--(BUSINESS WIRE)--Principal ® announced today that it will release second quarter 2022 financial results 15 minutes after U.S. markets close on Monday, August 8, 2022.

Principal® Announces New Sponsorship of PGA and LPGA Athletes

DES MOINES, Iowa--(BUSINESS WIRE)--Principal® today announced it has struck a deal to become the official financial services sponsor of four PGA and LPGA athletes.

Principal® Launches New Variable Annuity Buffer Funds to Help Safeguard Investors From Market Volatility

DES MOINES, Iowa--(BUSINESS WIRE)--Principal launches new variable annuity buffer fund investment options to provide investors with both market growth and up to 10% downside protection.

Should You Retain Principal Financial (PFG) in Your Portfolio?

Principal Financial (PFG) benefits from strong investment performance, strong capital position and effective capital deployment.

Principal® Survey Shows Retirement Goal “Reset” for Many U.S. Workers Amid Recent Market Volatility and Inflation

DES MOINES, Iowa--(BUSINESS WIRE)--Principal survey finds American workers are replacing dreams of a lavish retirement with simpler goals of maintaining the current standard of living.

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

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

Other symbols: BLK

Is Principal Financial Group (PFG) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

Principal Financial Group® Names Natalie Lamarque as New General Counsel

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group announced Natalie Lamarque will join the company as its new general counsel effective August 1.

Reasons Why Investors Should Retain Principal Financial (PFG)

Principal Financial (PFG) benefits from higher annuity sales in Chile, financial flexibility and effective capital deployment.

Principal® Rated No. 1 for Online Group Benefits Administration

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® was rated No. 1 in Group Benefits for employer web capabilities and experience by DALBAR, Inc. (DALBAR) for eService, its group benefits emp...

Principal Financial Group® Closes Reinsurance Transaction

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced today that it has successfully closed its transaction to reinsure the company's in-force U.S. retail fixed annuity a...

Principal Financial Group® Names H. Elizabeth Mitchell to Board of Directors

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group (Nasdaq: PFG) announced H. Elizabeth Mitchell has been elected to the Board of Directors.

Principal® Named to Forbes List of Best Employers for Diversity 2022

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® was named to the Forbes list of America's Best Employers for Diversity 2022 - the company's third year on the list.

Principal® Taps Industry Veteran to Lead Liability-driven Investing Capability for Pension Plans

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® announced today the addition of Owais Rana to its global asset management business, Principal Global Investors®, as head of liability-driven...

Principal Financial (PFG) Q1 Earnings Beat, Increase Y/Y

Principal Financial (PFG) first-quarter earnings reflect solid performance across most of its segments and higher assets under management.

Principal Financial (PFG) Beats Q1 Earnings Estimates

Principal Financial (PFG) delivered earnings and revenue surprises of 7.95% and 10.69%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Principal Financial Group® Announces First Quarter 2022 Results

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced results for first quarter 2022 and announced common stock dividend.

What Awaits Principal Financial (PFG) This Earnings Season?

Principal Financial (PFG) first-quarter results are likely to reflect positive market returns, higher management fee revenues and higher net cash flow.

Earnings Preview: Principal Financial (PFG) Q1 Earnings Expected to Decline

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.

Principal Financial Group® Announces Global Financial Inclusion Index

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® today announced it will launch the Global Financial Inclusion Index (“Index”) in collaboration with the Centre for Economics and Business Re...