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
* 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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 8 | 8 | 8 | 9 | 11 | 11 |
Sell | 4 | 4 | 4 | 2 | 2 | 2 |
Strong Sell | 2 | 2 | 2 | 2 | 1 | 1 |
Total | 14 | 14 | 14 | 13 | 14 | 14 |
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 | Sell → Hold Upgrades $75 | Sell → 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 | Sell → Hold Upgrades $82 → $83 | Sell → Hold | Upgrades | $82 → $83 | -3.84% | Jan 4, 2024 |
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%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
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 | 2024 | 2025 | 2026 |
---|---|---|---|
High | 23.1% | 13.6% | 13.5% |
Avg | 14.8% | 5.9% | 8.1% |
Low | 9.0% | 0.4% | 3.9% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
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 | 2024 | 2025 | 2026 |
---|---|---|---|
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.