With 2.65 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.86 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $197.37 whereas the lowest price it dropped to was $193.565. The 52-week range on PNC shows that it touched its highest point at $216.26 and its lowest point at $139.69 during that stretch. It currently has a 1-year price target of $220.79. With its current market cap of 77.28 billion, PNC has annualized dividend of $6.30 while the current yield stands at 3.23%. Beta for the stock currently stands at 1.15.
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 up-trending over the past week, with a rise of 1.16%, but this was down by -6.73% over a month. Three-month performance surged to 6.88% while six-month performance rose 20.59%. The stock gained 24.67% in the past year, while it has gained 1.00% so far this year. A look at the trailing 12-month EPS for PNC yields 11.82 with Next year EPS estimates of 15.14. For the next quarter, that number is 3.32. This implies an EPS growth rate of 4.36% for this year and 13.44% for next year. EPS is expected to grow by 20.05% 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, 396.92 million PNC shares are outstanding with a float of 395.23 million shares on hand for trading. On 2024-12-13, short shares totaled 5.0 million, which was 126.0 higher than short shares on 1731628800. 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 0.86521006 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 17 analysts follow the stock currently. There are 11 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 6 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With PNC analysts setting a high price target of 257.0 and a low target of 181.0, the average target price over the next 12 months is 218.62476. Based on these targets, PNC could surge 31.95% to reach the target high and fall by -7.07% to reach the target low. Reaching the average price target will result in a growth of 12.25% from current levels.
Analysts have provided yearly estimates in a range of $13.54155 being high and $13.09772 being low. For PNC, this leads to a yearly average estimate of $13.30484.
