With 1.94 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.8 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $178.61 whereas the lowest price it dropped to was $175.19. The 52-week range on PNC shows that it touched its highest point at $185.84 and its lowest point at $109.40 during that stretch. It currently has a 1-year price target of $188.21. With its current market cap of 70.60 billion, PNC has annualized dividend of $6.25 while the current yield stands at 3.52%. Beta for the stock currently stands at 1.13.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PNC was down-trending over the past week, with a drop of -1.85%, but this was up by 5.58% over a month. Three-month performance surged to 16.35% while six-month performance rose 16.29%. The stock gained 42.25% in the past year, while it has gained 14.69% so far this year. A look at the trailing 12-month EPS for PNC yields 11.93 with Next year EPS estimates of 14.80. For the next quarter, that number is 3.25. This implies an EPS growth rate of 1.71% for this year and 13.79% for next year. EPS is expected to grow by 6.85% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 3.61%.
Float and Shares Shorts:
At present, 398.03 million PNC shares are outstanding with a float of 395.88 million shares on hand for trading. On 2024-08-30, short shares totaled 5.23 million, which was 132.00001 higher than short shares on 1722384000. In addition to Mr. William S. Demchak as the firm’s Chairman & CEO, Mr. Michael Patrick Lyons serves as its President and Head of Corporate & Institutional Banking.
Institutional Ownership:
Through their ownership of 0.84690005 of PNC’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PNC since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
