Principal Financial Group, Inc. (PFG)
NASDAQ: PFG · IEX Real-Time Price · USD
86.31
+0.24 (0.28%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Principal Financial Group Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for PFG stock have an average target of 76.79, with a low estimate of 62 and a high estimate of 85. The average target predicts a decrease of -11.03% from the current stock price of 86.31.

Analyst Consensus: Hold
Target Low Average Median High
Price $62 $76.79 $78 $85
Change -28.17% -11.03% -9.63% -1.52%
* Price targets were last updated on Feb 16, 2024.

Analyst Ratings

The average analyst rating for PFG stock from 14 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 000000
Buy 000000
Hold 88891111
Sell 444222
Strong Sell 222211
Total 141414131414

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$80$85
Hold Maintains $80$85 -1.52% Feb 16, 2024
Morgan Stanley
Morgan Stanley
Hold
Upgrades
$75
Hold Upgrades $75 -13.10% Feb 15, 2024
RBC Capital
RBC Capital
Hold
Maintains
$75$83
Hold Maintains $75$83 -3.84% Feb 14, 2024
Morgan Stanley
Morgan Stanley
Sell
Maintains
$72$75
Sell Maintains $72$75 -13.10% Feb 13, 2024
Evercore ISI Group
Evercore ISI Group
Hold
Upgrades
$82$83
Hold Upgrades $82$83 -3.84% Jan 4, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
15.69B
from 13.67B
Increased by 14.80%
Revenue Next Year
16.61B
from 15.69B
Increased by 5.86%
EPS This Year
7.66
from 2.55
Increased by 200.53%
EPS Next Year
8.46
from 7.66
Increased by 10.36%
Year 20192020202120222023202420252026
Revenue
16.22B14.74B14.43B17.54B13.67B15.69B16.61B17.96B
Revenue Growth
13.94%-9.13%-2.13%21.54%-22.07%14.80%5.86%8.12%
EPS
4.965.055.7918.632.557.668.469.40
EPS Growth
-7.46%1.81%14.65%221.76%-86.31%200.53%10.36%11.16%
No. Analysts -----14145
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 16.8B 17.8B 18.9B
Avg 15.7B 16.6B 18.0B
Low 14.9B 15.7B 17.3B

Revenue Growth

Revenue Growth 202420252026
High
23.1%
13.6%
13.5%
Avg
14.8%
5.9%
8.1%
Low
9.0%
0.4%
3.9%

EPS Forecast

EPS 202420252026
High 8.09 8.98 10.06
Avg 7.66 8.46 9.40
Low 7.27 7.88 8.97

EPS Growth

EPS Growth 202420252026
High
217.1%
17.1%
18.9%
Avg
200.5%
10.4%
11.2%
Low
185.2%
2.8%
6.0%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.