Principal Financial Group Stock Today

PFG Stock  USD 86.07  1.58  1.87%   

Performance

10 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Principal Financial is trading at 86.07 as of the 28th of March 2024. This is a 1.87 percent increase since the beginning of the trading day. The stock's lowest day price was 84.54. Principal Financial has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for Principal Financial Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2022 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Insurance
IPO Date
23rd of October 2001
Category
Financial Services
Classification
Financials
Principal Financial Group, Inc. provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. Principal Financial Group, Inc. was founded in 1879 and is based in Des Moines, Iowa. The company has 235.87 M outstanding shares of which 3.43 M shares are at this time shorted by investors with about 2.72 days to cover. More on Principal Financial Group

Moving together with Principal Stock

  0.68STT-PD State StreetPairCorr
  0.74STT-PG State StreetPairCorr

Moving against Principal Stock

  0.83GLAE Glassbridge Enterprises Earnings Call TomorrowPairCorr

Principal Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Principal Financial's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Principal Financial or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Principal Financial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Principal Financial's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOJames McCaughan
Thematic IdeaFinTech (View all Themes)
Old Names[Provident Financial PLC, Purpose Global Financials Income Fund, Prefa Group S.A., Pioneer Food Group Ltd]
Business ConcentrationLife & Health Insurance, Asset Management, Financial Services, SP 500 Index, NASDAQ Composite, NASDAQ Financial 100, FinTech, Financials, Insurance, Asset Management, Financial Services (View all Sectors)
Average Analyst Recommendation
Analysts covering Principal Financial report their recommendations after researching Principal Financial's financial statements, talking to executives and customers, or listening in on Principal Financial's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Principal Financial. The Principal consensus assessment is calculated by taking the average forecast from all of the analysts covering Principal Financial.
Principal Financial's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Principal Financial's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Principal Financial's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Principal Financial's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Principal Financial's financial leverage. It provides some insight into what part of Principal Financial's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Principal Financial's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Principal Financial deploys its capital and how much of that capital is borrowed.
Liquidity
Principal Financial cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 3.99 B in debt with debt to equity (D/E) ratio of 0.42, which is OK given its current industry classification. Principal Financial has a current ratio of 1.26, demonstrating that it may have difficulties to pay its financial commitments when the payables are due. Debt can assist Principal Financial until it has trouble settling it off, either with new capital or with free cash flow. So, Principal Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Principal Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Principal to invest in growth at high rates of return. When we think about Principal Financial's use of debt, we should always consider it together with cash and equity.

Change In Working Capital

2.15 Billion
Principal Financial Group (PFG) is traded on NASDAQ Exchange in USA. It is located in 711 High Street, Des Moines, IA, United States, 50392 and employs 19,800 people. Principal Financial is listed under Life & Health Insurance category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 19.93 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Principal Financial's market, we take the total number of its shares issued and multiply it by Principal Financial's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Principal Financial runs under Insurance sector within Financials industry. The entity has 235.87 M outstanding shares of which 3.43 M shares are at this time shorted by investors with about 2.72 days to cover. Principal Financial Group has about 3.68 B in cash with 3.79 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 14.75.
Check Principal Financial Probability Of Bankruptcy
Ownership Allocation
Principal Financial owns a total of 235.87 Million outstanding shares. The majority of Principal Financial Group outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Principal Financial to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Principal Financial. Please pay attention to any change in the institutional holdings of Principal Financial as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Principal Ownership Details

Principal Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of Principal Financial jumping above the current price in 90 days from now is near 1%. The Principal Financial Group probability density function shows the probability of Principal Financial stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Principal Financial has a beta of 0.5523 indicating as returns on the market go up, Principal Financial average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Principal Financial Group will be expected to be much smaller as well. Additionally, principal Financial Group has an alpha of 0.0746, implying that it can generate a 0.0746 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 86.07HorizonTargetOdds Above 86.07
99.92%90 days
 86.07 
0.08%
Based on a normal probability distribution, the odds of Principal Financial to move above the current price in 90 days from now is near 1 (This Principal Financial Group probability density function shows the probability of Principal Stock to fall within a particular range of prices over 90 days) .

Principal Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Principal Financial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Principal Financial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Principal Financial's value.
InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2023-12-31
3.4 M
Norges Bank2023-12-31
3.2 M
First Trust Advisors L.p.2023-12-31
2.8 M
Legal & General Group Plc2023-12-31
2.2 M
Amvescap Plc.2023-12-31
2.1 M
Bank Of New York Mellon Corp2023-12-31
1.9 M
Balyasny Asset Management Llc2023-12-31
1.4 M
Hsbc Holdings Plc2023-12-31
1.4 M
Charles Schwab Investment Management Inc2023-12-31
1.3 M
Vanguard Group Inc2023-12-31
28.6 M
Blackrock Inc2023-12-31
18.9 M
View Principal Financial Diagnostics

Principal Financial Historical Income Statement

Principal Financial Group Income Statement is one of the three primary financial statements used for reporting Principal's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Principal Financial revenue and expense. Principal Financial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Principal Financial's Net Income Applicable To Common Shares is most likely to increase significantly in the upcoming years. The Principal Financial's current Extraordinary Items is estimated to increase to about 720.5 M, while Interest Expense is projected to decrease to roughly 1.8 M. View More Fundamentals

Principal Stock Against Markets

Picking the right benchmark for Principal Financial stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Principal Financial stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Principal Financial is critical whether you are bullish or bearish towards Principal Financial Group at a given time. Please also check how Principal Financial's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Principal Financial without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Principal Financial Corporate Directors

Principal Financial corporate directors refer to members of a Principal Financial board of directors. The board of directors generally takes responsibility for the Principal Financial's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Principal Financial's board members must vote for the resolution. The Principal Financial board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Sandra HeltonIndependent DirectorProfile
Daniel GelattIndependent DirectorProfile
Scott MillsDirectorProfile
Betsy BernardIndependent DirectorProfile

How to buy Principal Stock?

Before investing in Principal Financial, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Principal Financial. To buy Principal Financial stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Principal Financial. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Principal Financial stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Principal Financial Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Principal Financial Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Principal Financial Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Principal Stock please use our How to Invest in Principal Financial guide.

Already Invested in Principal Financial Group?

The danger of trading Principal Financial Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Principal Financial is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Principal Financial. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Principal Financial is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Principal Financial is a strong investment it is important to analyze Principal Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Principal Financial's future performance. For an informed investment choice regarding Principal Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Principal Financial Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Principal Financial information on this page should be used as a complementary analysis to other Principal Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Principal Financial's price analysis, check to measure Principal Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Principal Financial is operating at the current time. Most of Principal Financial's value examination focuses on studying past and present price action to predict the probability of Principal Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Principal Financial's price. Additionally, you may evaluate how the addition of Principal Financial to your portfolios can decrease your overall portfolio volatility.
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Is Principal Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Principal Financial. If investors know Principal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Principal Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.02)
Dividend Share
2.6
Earnings Share
2.55
Revenue Per Share
56.634
Quarterly Revenue Growth
(0.15)
The market value of Principal Financial is measured differently than its book value, which is the value of Principal that is recorded on the company's balance sheet. Investors also form their own opinion of Principal Financial's value that differs from its market value or its book value, called intrinsic value, which is Principal Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Principal Financial's market value can be influenced by many factors that don't directly affect Principal Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Principal Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Principal Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.