On Friday 07/19/2024 the closing price of the Principal Financial Group Inc. share was $84.71 on BTT.
Compared to the opening price on Friday 07/19/2024 on BTT of $85.41, this is a drop of 0.83%.
Principal Financial Group Inc.'s market capitalization is $19.82 B by 234.38 M shares outstanding.
Is Principal Financial Group stock a Buy, Sell or Hold?
Principal Financial Group stock has received a consensus rating of hold. The average rating score is and is based on 0 buy ratings, 40 hold ratings, and 20 sell ratings.What was the 52-week low for Principal Financial Group stock?
The low in the last 52 weeks of Principal Financial Group stock was 66.23. According to the current price, Principal Financial Group is 128.87% away from the 52-week low.What was the 52-week high for Principal Financial Group stock?
The high in the last 52 weeks of Principal Financial Group stock was 88.26. According to the current price, Principal Financial Group is 96.70% away from the 52-week high.What are analysts forecasts for Principal Financial Group stock?
The 60 analysts offering price forecasts for Principal Financial Group have a median target of 79.25, with a high estimate of 99.00 and a low estimate of 60.00. The median estimate represents a 107.70 difference from the last price of 85.35.Principal Financial Group Stock Snapshot
67.47
Bid
3.00
Bid Size
85.56
Ask
200.00
Ask Size
7/22/2024
Date
3:59 PM
Time
0.00
Volume
84.71
Prev. Close
0.00
Open
19.83 B
Market Cap in USD
234.38 M
Number of Shares
66.23
52 Week Low
88.26
52 Week High
85.35
2.60
Dividend in USD
3.30
Dividend Yield
30.88
P/E Ratio
99.39
Free Float in %
2.58
EPS in USD
46.17
Book Value per Share in USD
15.50
Cash Flow per Share in USD
Principal Financial Group News More News
Historical Prices for Principal Financial Group
| Date | Open | Close | Daily High | Daily Low |
|---|
Price change over selected period:
0%
0
Principal Financial Group Analyst Data
Total Analysts: 60
Analyst: {{ANALYST_DATA}}
Price-Target: {{PRICE_DATA}}
Rating: {{RATING_DATA}}
Price-Target: {{PRICE_DATA}}
Rating: {{RATING_DATA}}
Price
*Price Target
Lowest: 60.00
Median: 79.25
Highest: 99.00
*The average price target includes all analyst analysis, not just the most recent analysis presented in the chart.
Principal Financial Group Analyst Opinions
- All
- Buy
- Hold
- Sell
| Date | Analyst | Rating | Price | |||
|---|---|---|---|---|---|---|
| 07/18/24 | Jefferies & Company Inc. | Maintained Hold | $76 | |||
| 07/11/24 | Bank of America Merrill Lynch | Maintained Hold | $94 | |||
| 07/09/24 | Raymond James Financial, Inc. | Upgraded to Buy | $99 | |||
| 07/02/24 | J.P. Morgan | Upgraded to Hold | $96 | |||
| 06/28/24 | Jefferies & Company Inc. | Maintained Hold | $78 | |||
| 04/29/24 | Wells Fargo & Co | Maintained Hold | $85 | |||
| 04/15/24 | Morgan Stanley | Maintained Hold | $82 | |||
| 04/11/24 | Wells Fargo & Co | Maintained Hold | $91 | |||
| 04/11/24 | Evercore | Maintained Hold | $86 | |||
| 04/10/24 | Keefe, Bruyette & Woods, Inc. | Maintained Hold | $89 | |||
| 04/05/24 | Piper Sandler | Maintained Hold | $90 | |||
| 02/16/24 | Keefe, Bruyette & Woods, Inc. | Maintained Hold | $85 | |||
| 02/14/24 | RBC Capital Markets | Maintained Hold | $83 | |||
| 02/13/24 | Morgan Stanley | Maintained Sell | $75 | |||
| 01/04/24 | Evercore | Upgraded to Hold | $83 | |||
| 11/15/23 | Morgan Stanley | Maintained Sell | $72 | |||
| 10/30/23 | Piper Sandler | Maintained Hold | $74 | |||
| 10/27/23 | Morgan Stanley | Maintained Sell | $71 | |||
| 10/24/23 | Citigroup Corp. | Maintained Sell | $62 | |||
| 10/17/23 | Wells Fargo & Co | Maintained Hold | $72 | |||
| 10/10/23 | Barclays Capital | Maintained Hold | $75 | |||
| 10/06/23 | J.P. Morgan | Maintained Sell | $85 | |||
| 10/02/23 | Piper Sandler | Maintained Hold | $80 | |||
| 09/14/23 | Jefferies & Company Inc. | Maintained Hold | $66 | |||
| 08/02/23 | Morgan Stanley | Maintained Sell | $70 | |||
| 07/31/23 | RBC Capital Markets | Maintained Hold | $83 | |||
| 07/31/23 | Barclays Capital | Maintained Hold | $76 | |||
| 07/17/23 | Wells Fargo & Co | Maintained Hold | $79 | |||
| 07/11/23 | Barclays Capital | Maintained Hold | $78 | |||
| 07/07/23 | Piper Sandler | Maintained Hold | $82 | |||
| 06/23/23 | Jefferies & Company Inc. | Upgraded to Hold | $65 | |||
| 06/09/23 | Keefe, Bruyette & Woods, Inc. | Upgraded to Hold | $75 | |||
| 06/02/23 | Morgan Stanley | Maintained Sell | $70 | |||
| 05/02/23 | Wells Fargo & Co | Maintained Hold | $78 | |||
| 05/01/23 | RBC Capital Markets | Maintained Hold | $83 | |||
| 05/01/23 | Bank of America Merrill Lynch | Downgraded to Hold | $78 | |||
| 04/25/23 | Wells Fargo & Co | Maintained Hold | $79 | |||
| 04/25/23 | Keefe, Bruyette & Woods, Inc. | Maintained Sell | $77 | |||
| 04/04/23 | J.P. Morgan | Maintained Sell | $83 | |||
| 03/03/23 | RBC Capital Markets | Maintained Hold | $88 | |||
| 02/24/23 | Morgan Stanley | Maintained Sell | $77 | |||
| 02/01/23 | RBC Capital Markets | Maintained Hold | $94 | |||
| 02/01/23 | Barclays Capital | Maintained Hold | $92 | |||
| 01/31/23 | Morgan Stanley | Maintained Sell | $76 | |||
| 01/10/23 | Morgan Stanley | Maintained Sell | $75 | |||
| 01/09/23 | Goldman Sachs | Maintained Sell | $71 | |||
| 01/06/23 | J.P. Morgan | Maintained Sell | $78 | |||
| 12/08/22 | Credit Suisse | Downgraded to Sell | $86 | |||
| 11/17/22 | Evercore | Downgraded to Sell | $81 | |||
| 11/17/22 | Morgan Stanley | Downgraded to Sell | $79 |
Principal Financial Group Estimates* in USD
| 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|
| Revenue | 15,495 | 16,488 | 17,507 | 18,843 |
| Dividend | 2.83 | 3.00 | 3.24 | 3.53 |
| Dividend Yield (in %) | 3.34 % | 3.54 % | 3.83 % | 4.17 % |
| EPS | 7.44 | 8.47 | 9.45 | 10.35 |
| P/E Ratio | 11.39 | 10.01 | 8.96 | 8.19 |
| EBIT | 2,035 | 2,202 | 2,306 | - |
| EBITDA | 2,519 | 2,684 | 2,850 | - |
| Net Profit | 1,756 | 1,922 | 2,064 | - |
| Net Profit Adjusted | 1,756 | 1,922 | 2,064 | - |
| Pre-Tax Profit | 2,153 | 2,361 | 2,563 | - |
| Net Profit (Adjusted) | 2,163 | 2,416 | 2,598 | - |
| EPS (Non-GAAP) ex. SOE | 7.44 | 8.47 | 9.45 | 10.35 |
| EPS (GAAP) | 7.68 | 8.56 | 9.30 | - |
| Gross Income | - | - | - | - |
| Cash Flow from Investing | - | - | - | - |
| Cash Flow from Operations | - | - | - | - |
| Cash Flow from Financing | - | - | - | - |
| Cash Flow per Share | - | - | - | - |
| Free Cash Flow | 143 | 849 | 155 | - |
| Free Cash Flow per Share | - | 6.82 | - | - |
| Book Value per Share | 60.68 | 64.63 | 71.70 | 86.14 |
| Net Debt | 3,982 | 3,982 | 3,982 | - |
| Research & Development Exp. | - | - | - | - |
| Capital Expenditure | - | - | - | - |
| Selling, General & Admin. Exp. | - | - | - | - |
| Shareholder’s Equity | 12,120 | 12,447 | 12,774 | - |
| Total Assets | 311,471 | 317,345 | 324,590 | - |
|
Previous Quarter ending 06/30/24 |
Current Quarter ending 09/30/24 |
Next Quarter ending 12/31/24 |
Current Year ending 12/31/24 |
Next Year ending 12/31/25 |
|
|---|---|---|---|---|---|
| Earnings Estimates | |||||
| No. of Analysts | 14 | 13 | 13 | 13 | 14 |
| Average Estimate | 1.841 USD | 1.974 USD | 1.975 USD | 7.438 USD | 8.466 USD |
| Year Ago | 1.602 USD | 5.169 USD | -3.687 USD | 2.583 USD | - |
| Publish Date | 7/25/2024 | 10/24/2024 | 2/3/2025 | - | - |
| Revenue Estimates | |||||
| No. of Analysts | 4 | 4 | 4 | 6 | 6 |
| Average Estimate | 3,795 USD | 3,896 USD | 4,044 USD | 15,495 USD | 16,488 USD |
| Year Ago | 3,557 USD | 4,599 USD | 2,691 USD | 13,666 USD | - |
| Publish Date | 7/25/2024 | 10/24/2024 | 2/3/2025 | - | - |
* Average Estimates in Million (e.g. Revenue) or per share (e.g. Dividend). Source: FactSet
Income Statements in Mio. USD
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
| Sales | 13,665.80 | 17,491.60 | 14,262.70 | 14,741.70 | 16,222.10 | 14,237.20 | 14,093.20 |
| Change of sales in % | -21.87 | 22.64 | -3.25 | -9.13 | 13.94 | 1.02 | 13.71 |
| Gross profit on sales | - | - | - | - | - | - | - |
| Gross profit on sales change in % | - | - | - | - | - | - | - |
| Operating income | 810.60 | 6,127.40 | 2,152.00 | 1,759.80 | 1,754.30 | 1,838.50 | 2,308.40 |
| Operating income change in % | -86.77 | 184.73 | 22.29 | 0.31 | -4.58 | -20.36 | 40.35 |
| Income before tax | 738.80 | 6,060.10 | 2,083.60 | 1,693.50 | 1,693.30 | 1,784.40 | 2,252.20 |
| Income before tax change in % | -87.81 | 190.85 | 23.04 | 0.01 | -5.11 | -20.77 | 41.50 |
| Income after tax | 623.20 | 4,811.60 | 1,710.60 | 1,395.80 | 1,394.20 | 1,546.50 | 2,310.40 |
| Income after tax change in % | -87.05 | 181.28 | 22.55 | 0.11 | -9.85 | -33.06 | 75.50 |
Balance Sheet in Mio. USD
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
| Total liabilities | 273,071.00 | 259,905.20 | 288,198.90 | 279,754.80 | 261,137.10 | 231,188.90 | 240,918.00 |
| Long-term liabilities per share | - | - | - | - | - | - | - |
| Equity | 11,210.60 | 10,304.80 | 16,458.30 | 16,872.90 | 14,950.70 | 11,847.20 | 13,023.20 |
| Equity change in % | 9.14 | -37.76 | -2.96 | 13.28 | 28.34 | -11.36 | 25.64 |
| Balance sheet total | 284,281.60 | 270,210.00 | 304,657.20 | 296,627.70 | 276,087.80 | 243,036.10 | 253,941.20 |
| Balance sheet total change in % | 5.21 | -11.31 | 2.71 | 7.44 | 13.60 | -4.29 | 11.37 |
Key Data in USD
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
| Sales per share | 55.87 | 68.51 | 52.26 | 53.30 | 57.73 | 49.30 | 48.08 |
| P/E ratio (year end quote, basic EPS) | 30.88 | 4.45 | 11.54 | 9.83 | 11.09 | 8.25 | 8.95 |
| P/E ratio (year end quote, diluted EPS) | 30.88 | 4.45 | 11.54 | 9.83 | 11.09 | 8.25 | 8.95 |
| P/E ratio (year end quote) | 30.88 | 4.45 | 11.54 | 9.83 | 11.09 | 8.25 | 8.95 |
| Dividend yield in % | 3.30 | 3.05 | 3.37 | 4.52 | 3.96 | 4.75 | 2.65 |
| Equity ratio in % | 3.84 | 3.70 | 5.27 | 5.58 | 5.29 | 4.69 | 5.06 |
| Debt ratio in % | 96.06 | 96.19 | 94.60 | 94.31 | 94.58 | 95.13 | 94.87 |
Principal Financial Group Insider Activity
| Name | Date | shares traded | shares held | Price | type (sell/buy) | option |
|---|---|---|---|---|---|---|
| Auerbach Jonathan | 06/27/2024 | 164.00 | 16,814.00 | n/a | Buy | No |
| Mitchell H Elizabeth | 06/27/2024 | 70.00 | 7,849.00 | n/a | Buy | No |
| Muruzabal Claudio | 06/27/2024 | 92.00 | 8,060.00 | n/a | Buy | No |
| Pickerell Blair | 06/27/2024 | 289.00 | 32,638.00 | n/a | Buy | No |
| CARTER MILLER JOYCELYN | 06/27/2024 | 712.00 | 80,598.00 | n/a | Buy | No |
| Friedrich Amy Christine | 06/27/2024 | 379.00 | 79,506.00 | n/a | Buy | No |
| Nordin Diane C | 06/27/2024 | 219.00 | 24,732.00 | n/a | Buy | No |
| Mills Scott | 06/27/2024 | 259.00 | 29,206.00 | n/a | Buy | No |
| BEAMS MALIZ E | 06/27/2024 | 101.00 | 11,349.00 | n/a | Buy | No |
| HOCHSCHILD ROGER C | 06/27/2024 | 303.00 | 34,174.00 | n/a | Buy | No |
| Houston Daniel Joseph | 06/27/2024 | 985.00 | 180,807.00 | n/a | Buy | No |
| RIVERA ALFREDO | 06/27/2024 | 109.00 | 10,825.00 | n/a | Buy | No |
| Richer Clare Stack | 06/27/2024 | 137.00 | 15,495.00 | n/a | Buy | No |
| McCullum Kenneth A. | 06/06/2024 | 200.00 | 34,442.00 | 80.30 | Sell | No |
| McCullum Kenneth A. | 06/06/2024 | 4,165.00 | 34,642.00 | 79.56 | Sell | No |
| McCullum Kenneth A. | 06/06/2024 | 4,365.00 | 38,807.00 | 37.38 | Buy | No |
| Houston Daniel Joseph | 06/02/2024 | 30,675.00 | 179,527.00 | n/a | Sell | No |
| Friedrich Amy Christine | 05/21/2024 | 6,273.00 | 78,996.00 | n/a | Sell | No |
| Auerbach Jonathan | 05/20/2024 | 2,395.00 | 16,650.00 | n/a | Buy | No |
| BEAMS MALIZ E | 05/20/2024 | 2,395.00 | 11,248.00 | n/a | Buy | No |
| RIVERA ALFREDO | 05/20/2024 | 2,395.00 | 10,716.00 | n/a | Buy | No |
| Nordin Diane C | 05/20/2024 | 2,395.00 | 24,513.00 | n/a | Buy | No |
| Cheong Wee Yee | 05/16/2024 | 22,030.00 | 80,231.00 | 84.94 | Sell | No |
| Cheong Wee Yee | 05/16/2024 | 22,030.00 | 102,261.00 | 51.73 | Buy | No |
| McCullum Kenneth A. | 03/27/2024 | 138.00 | 34,442.00 | n/a | Buy | No |
Principal Financial Group Dividend Calendar
| Date | Name | Dividend | *yield | Currency |
|---|---|---|---|---|
| 2023 | Principal Financial Group Inc. | 2.60 | 3.30 | USD |
| 2022 | Principal Financial Group Inc. | 2.56 | 3.05 | USD |
| 2021 | Principal Financial Group Inc. | 2.44 | 3.37 | USD |
| 2020 | Principal Financial Group Inc. | 2.24 | 4.52 | USD |
| 2019 | Principal Financial Group Inc. | 2.18 | 3.96 | USD |
| 2018 | Principal Financial Group Inc. | 2.10 | 4.75 | USD |
| 2017 | Principal Financial Group Inc. | 1.87 | 2.65 | USD |
| 2016 | Principal Financial Group Inc. | 1.61 | 2.78 | USD |
| 2015 | Principal Financial Group Inc. | 1.50 | 3.33 | USD |
| 2014 | Principal Financial Group Inc. | 1.28 | 2.46 | USD |
| 2013 | Principal Financial Group Inc. | 0.98 | 1.99 | USD |
| 2012 | Principal Financial Group Inc. | 0.78 | 2.73 | USD |
| 2011 | Principal Financial Group Inc. | 0.70 | 2.85 | USD |
| 2010 | Principal Financial Group Inc. | 0.55 | 1.69 | USD |
| 2009 | Principal Financial Group Inc. | 0.50 | 2.08 | USD |
| 2008 | Principal Financial Group Inc. | 0.45 | 1.99 | USD |
| 2007 | Principal Financial Group Inc. | 0.90 | 1.31 | USD |
| 2006 | Principal Financial Group Inc. | 0.80 | 1.36 | USD |
| 2005 | Principal Financial Group Inc. | 0.65 | 1.37 | USD |
| 2004 | Principal Financial Group Inc. | 0.55 | 1.34 | USD |
| 2003 | Principal Financial Group Inc. | 0.45 | 1.36 | USD |
| 2002 | Principal Financial Group Inc. | 0.25 | 0.83 | USD |
| 2001 | Principal Financial Group Inc. | 0.00 | 0.00 | USD |
| 2000 | Principal Financial Group Inc. | 0.00 | - | USD |
*Yield of the Respective Date
Principal Financial Group Inc. Calendar
| Event | Estimate | Info | Date |
|---|---|---|---|
| Earnings Report | 1.841 USD | Q2 2024 Earnings Release | 07/25/2024 |
| Earnings Report | 1.974 USD | Q3 2024 Earnings Release | 10/24/2024 |
| Earnings Report | 1.975 USD | Q4 2024 Earnings Release | 02/03/2025 |
| Earnings Report | 1.938 USD | Q1 2025 Earnings Release | 04/24/2025 |
| Earnings Report | 2.110 USD | Q2 2025 Earnings Release | 07/24/2025 |
| Earnings Report | 2.198 USD | Q3 2025 Earnings Release | 10/23/2025 |
Principal Financial Group Inc. Past Events
| Event | Actual EPS | Info | Date |
|---|---|---|---|
| Annual General Meeting | - | Annual General Meeting | 05/21/2024 |
| Press Conference | - | - | 04/26/2024 |
Principal Financial Group Profile
Principal Financial Group, Inc. engages in the investment management offering business. It offers financial products and services to businesses, individuals, and institutional clients. It operates its business through the following segments: Retirement and Income Solutions, Principal Asset Management and Benefits and Protection. The Retirement and Income Solutions Segment offers a comprehensive portfolio of products and services for retirement savings along with select products for retirement income. The Principal Asset Management segment provides global investment solutions to institutional, retirement, retail and high net worth investors in the U. S. and select emerging markets.
Moody’s Daily Credit Risk Score
Principal Financial Group Shareholder
| Owner | in % |
|---|---|
| Freefloat | 99.39 |
| The Vanguard Group, Inc. | 12.20 |
| Vanguard Group, Inc. (Subfiler) | 11.53 |
| Nippon Life Insurance Co. | 7.74 |
| State Street Corp. | 4.12 |
| BlackRock Fund Advisors | 3.79 |
| Managed Account Advisors LLC | 3.47 |
| Managed Account Advisors LLC | 3.44 |
| Vanguard Total Stock Market ETF | 3.16 |
| Capital Research & Management Co. (Global Investors) | 2.82 |
| Vanguard 500 Index Fund | 2.36 |
| Geode Capital Management LLC | 2.31 |
| Vanguard Mid Cap Index Fund | 2.14 |
| BlackRock Institutional Trust Co. NA | 2.09 |
| Wellington Management Co. LLP (Wellington Breakout) | 1.77 |
Shareholder percentage totals can add to more than 100% because some holders are included in the free float.
Principal Financial Group Management
| Name | Job |
|---|---|
| Pedro Esteban Borda | COO & Senior VP-Principal International |
| Daniel Joseph Houston | Chairman, President & Chief Executive Officer |
| Luis E. Valdes | Chairman-Latin America |
| Timothy Mark Dunbar | Chairman-Principal Funds Board |
| Dwight Soethout | Chief Actuary Officer |
| Elizabeth B. Happe | Chief Compliance Officer & Senior Vice President |
| Deanna Dawnette Strable-Soethout | Chief Financial Officer & Executive Vice President |
| Vivek Agrawal | Chief Growth Officer & Executive Vice President |
| Jon N. Couture | Chief Human Resources Officer & EVP-Global Sevices |
| Kathleen B. Kay | Chief Information Officer & Executive VP |
| Dennis Jon Menken | Chief Investment Officer-General Account & SVP |
| Beth Wood | Chief Marketing Officer & Senior Vice President |
| Kenneth A. McCullum | Chief Risk Officer & Executive VP |
| Joel Pitz | Controller & Senior Vice President |
| Tay Nguen Cheong | Executive Vice President-Principal Asia |
| Roger C. Hochschild | Independent Director |
| Clare Stack Richer | Independent Director |
| Claudio N. Muruzábal | Independent Director |
| Helen Elizabeth Mitchell | Independent Director |
| Jocelyn E. Carter-Miller | Independent Director |
| Mary Elizabeth Beams | Independent Director |
| Jonathan S. Auerbach | Independent Director |
| Diane C. Nordin | Independent Director |
| Blair C. Pickerell | Independent Director |
| Mario Alfredo Rivera Garcia | Independent Director |
| Scott M. Mills | Lead Independent Director |
| Kamal Bhatia | President & CEO-Principal Asset Management |
| Pablo Enrique Sprenger | President-Latin America & EVP |
| Christopher J. Littlefield | President-Retirement & Income Solutions |
| Amy C. Friedrich | President-US Insurance Solutions |
| Noreen Fierro | SVP, Chief Ethics & Compliance Officer |
| Natalie Lamarque | Secretary, Executive VP & General Counsel |
| David M. Blake | Senior Executive Director-Fixed Income |
| Ellen W. Shumway | Senior Executive Director-Strategy & Investments |
| Srinivas D. Reddy | Senior VP-Retirement & Income Solutions |
| Teresa Hassara | Senior VP-Retirement & Income Solutions |
| Tej Kumar Dhawan | Strategic Initiatives Officer |
| Everett S. Miles | VP-Enterprise,Strategy, Innovation & Capital |
| Humphrey Lee | Vice President-Investor Relations |