Principal Financial Group (PFG)
(Delayed Data from NSDQ)
$84.19 USD
+0.27 (0.32%)
Updated May 14, 2024 04:00 PM ET
After-Market: $84.19 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
B Value D Growth C Momentum C VGM
Company Summary
Ranked among the Fortune 500 companies, Des Moines, IA-based Principal Financial Group Inc. is a leader in global investment management offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement, asset management and insurance through our diverse family of financial services companies. The company was founded in 1879.
The global asset management businesses provide long-term investment strategies to institutional, retirement, high net worth and retail clients by offering a range of capabilities including equity, fixed income, real estate and other alternative investments, as well as fund offerings. ...
Company Summary
Ranked among the Fortune 500 companies, Des Moines, IA-based Principal Financial Group Inc. is a leader in global investment management offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement, asset management and insurance through our diverse family of financial services companies. The company was founded in 1879.
The global asset management businesses provide long-term investment strategies to institutional, retirement, high net worth and retail clients by offering a range of capabilities including equity, fixed income, real estate and other alternative investments, as well as fund offerings. In the United States., the company primarily focuses on small and medium-sized businesses by offering a broad array of retirement and employee benefit solutions and individual insurance solutions. Principal Financial reports through four segments.
Retirement and Income Solutions (49.4% of 2023 Operating revenues) provides retirement and related financial products and services primarily to businesses, their employees and other individuals, including full-service accumulation, banking, trust and custodial services, individual variable annuities, pension risk transfer, investment only, individual fixed annuities and all of the Institutional Retirement & Trust integration and acquisition expenses.
Principal Asset Management (18.9%) provides global investment solutions to institutional, retirement, retail and high net worth investors in the United States and select emerging markets. This segment is organized into Principal Global Investors and Principal International.
Benefits and Protection (31%) segment focuses on solutions for individuals and small-to-medium sized businesses and their employees. The segment is organized into Specialty Benefits and Life Insurance.
Corporate (0.5%) segment manages the assets representing capital that has not been allocated to any other segment. Financial results of this segment primarily reflect financing activities, income on capital not allocated to other segments, inter-segment eliminations, income tax risks and certain income, expenses and other adjustments not allocated to the segments based on the nature of such items.
General Information
Principal Financial Group, Inc
711 HIGH STREET
DES MOINES, IA 50392
Phone: 515-247-5111
Fax: 302-636-5454
Email: investor-relations@principal.com
Industry | Financial - Investment Management |
Sector | Finance |
Fiscal Year End | December |
Last Reported Quarter | 3/31/2024 |
Exp Earnings Date | 7/25/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.90 |
Current Year EPS Consensus Estimate | 7.52 |
Estimated Long-Term EPS Growth Rate | 12.40 |
Exp Earnings Date | 7/25/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 83.92 |
52 Week High | 86.79 |
52 Week Low | 65.17 |
Beta | 1.24 |
20 Day Moving Average | 966,581.12 |
Target Price Consensus | 82.27 |
4 Week | 6.32 |
12 Week | 4.85 |
YTD | 6.67 |
4 Week | 3.07 |
12 Week | 0.51 |
YTD | -2.55 |
Shares Outstanding (millions) | 234.38 |
Market Capitalization (millions) | 19,669.46 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 3.29% |
Annual Dividend | $2.76 |
Payout Ratio | 0.41 |
Change in Payout Ratio | 0.00 |
Last Dividend Payout / Amount | 3/11/2024 / $0.69 |
Fundamental Ratios
P/E (F1) | 11.16 |
Trailing 12 Months | 12.47 |
PEG Ratio | 0.90 |
vs. Previous Year | 11.49% |
vs. Previous Quarter | -9.84% |
vs. Previous Year | 43.79% |
vs. Previous Quarter | 50.64% |
Price/Book | 1.75 |
Price/Cash Flow | 10.57 |
Price / Sales | 1.32 |
3/31/24 | 15.06 |
12/31/23 | 15.14 |
9/30/23 | 15.31 |
3/31/24 | 0.54 |
12/31/23 | 0.54 |
9/30/23 | 0.54 |
3/31/24 | 0.29 |
12/31/23 | 0.30 |
9/30/23 | 0.31 |
3/31/24 | 0.29 |
12/31/23 | 0.30 |
9/30/23 | 0.31 |
3/31/24 | 10.94 |
12/31/23 | 11.73 |
9/30/23 | 11.24 |
3/31/24 | 8.70 |
12/31/23 | 4.56 |
9/30/23 | 10.54 |
3/31/24 | 10.59 |
12/31/23 | 5.41 |
9/30/23 | 13.08 |
3/31/24 | 47.92 |
12/31/23 | 45.98 |
9/30/23 | 44.98 |
3/31/24 | NA |
12/31/23 | NA |
9/30/23 | NA |
3/31/24 | 0.35 |
12/31/23 | 0.36 |
9/30/23 | 0.37 |
3/31/24 | 27.70 |
12/31/23 | 27.60 |
9/30/23 | 28.09 |