With 1.7 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.82 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $179.445 whereas the lowest price it dropped to was $176.925. The 52-week range on PNC shows that it touched its highest point at $187.78 and its lowest point at $109.40 during that stretch. It currently has a 1-year price target of $191.94. With its current market cap of 70.91 billion, PNC has annualized dividend of $6.25 while the current yield stands at 3.50%. 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 -2.69%, but this was down by -2.18% over a month. Three-month performance surged to 13.98% while six-month performance rose 13.71%. The stock gained 48.93% in the past year, while it has gained 15.20% so far this year. A look at the trailing 12-month EPS for PNC yields 11.93 with Next year EPS estimates of 14.75. For the next quarter, that number is 3.30. This implies an EPS growth rate of 1.99% for this year and 13.05% for next year. EPS is expected to grow by 6.92% 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 395.89 million shares on hand for trading. On 2024-09-13, short shares totaled 5.5 million, which was 138.0 higher than short shares on 1723680000. 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 0.84645 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.
