Views of Wall Street’s Leading Experts on Principal Financial Group Inc

With 2.4 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.26 million shares. During the session, the Asset Management company that operates in wider Financial sector, reached to the highest price of $81.16 whereas the lowest price it dropped to was $79.095. The 52-week range on PFG shows that it touched its highest point at $91.97 and its lowest point at $72.21 during that stretch. It currently has a 1-year price target of $87.14. With its current market cap of 18.30 billion, PFG has annualized dividend of $2.85 while the current yield stands at 3.56%. PFG paid its most recent dividend on 1733097600, while the ex-dividend date for that was 1733097600. Beta for the stock currently stands at 1.19.

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 PFG was down-trending over the past week, with a drop of -4.20%, but this was up by 2.80% over a month. Three-month performance dropped to -1.91% while six-month performance rose 9.04%. The stock gained 3.20% in the past year, while it has gained 3.35% so far this year. A look at the trailing 12-month EPS for PFG yields -0.92 with Next year EPS estimates of 9.24. For the next quarter, that number is 1.91. This implies an EPS growth rate of 20.14% for this year and 10.32% for next year. EPS is expected to grow by 13.65% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -13.80%.

Float and Shares Shorts:

At present, 229.29 million PFG shares are outstanding with a float of 227.28 million shares on hand for trading. On 2025-01-15, short shares totaled 2.51 million, which was 109.99999999999999 higher than short shares on 1734048000. In addition to Ms. Deanna Dawnette Strable-Soethout as the firm’s President, CFO, COO & CEO, Ms. Amy Christine Friedrich serves as its President of Benefits & Protection.

Institutional Ownership:

Through their ownership of 0.72917 of PFG’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 PFG since 5 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 2 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 1 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 PFG analysts setting a high price target of 99.0 and a low target of 69.0, the average target price over the next 12 months is 87.53846. Based on these targets, PFG could surge 23.75% to reach the target high and fall by -13.75% to reach the target low. Reaching the average price target will result in a growth of 9.42% from current levels.

Analysts have provided yearly estimates in a range of $7.00787 being high and $6.90833 being low. For PFG, this leads to a yearly average estimate of $6.9581. Based on analyst estimates, the high estimate for the next quarter is $2.15 and the low estimate is $2.0. The average estimate for the next quarter is thus $2.07.