|Bid||140.24 x 1300|
|Ask||140.29 x 900|
|Day's Range||137.48 - 141.76|
|52 Week Range||79.41 - 161.79|
|Beta (5Y Monthly)||1.26|
|PE Ratio (TTM)||8.44|
|Earnings Date||Jan 15, 2021|
|Forward Dividend & Yield||4.60 (3.28%)|
|Ex-Dividend Date||Oct 15, 2020|
|1y Target Est||130.63|
Right now, PNC Financial Services Gr Inc. (NYSE: PNC) share price is at $139.40, after a 0.52% drop. Over the past month, the stock increased by 28.22%, but over the past year, it actually decreased by 9.01%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio. The stock is currently higher from its 52 week low by 75.54%. Assuming that all other factors are held constant, this could present itself as an opportunity for investors trying to diversify their portfolio with Banks stocks, and capitalize on the lower share price observed over the year. The P/E ratio measures the current share price to the company's earnings per share. It is used by long-term investors to analyze the company's current performance against its past earnings, historical data and aggregate market data for the industry or the indices, such as S&P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also shows that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. View more earnings on PNCDepending on the particular phase of a business cycle, some industries will perform better than others. PNC Financial Services Gr Inc. has a better P/E ratio of 19.01 than the aggregate P/E ratio of 16.19 of the Banks industry. Ideally, one might believe that PNC Financial Services Gr Inc. might perform better in the future than it's industry group, but it's probable that the stock is overvalued. P/E ratio is not always a great indicator of the company's performance. Depending on the earnings makeup of a company, investors can become unable to attain key insights from trailing earnings.See more from Benzinga * Click here for options trades from Benzinga * Understanding PNC Financial Services Gr's Unusual Options Activity(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
On CNBC's "Fast Money," Catherine Faddis, the CEO of Grace Capital, said PNC Financial Services Group Inc (NYSE: PNC) is fantastic for a number of reasons.The announced deal to buy the U.S. assets of BBVA is a game-changer because it gets PNC into the Sunbelt and Texas. It also brings some cost synergies.Faddis also likes PNC's environmental, social and governmental factors. She thinks it's a great corporate citizen. It pledged a billion dollars for low-income communities and it pledged $30 million for COVID-19 relief.PNC's deposit franchise is another thing Faddis likes about the company. Its clients don't just deposit money with PNC, they use other services too and that is why almost half of PNC's revenue comes from fees.Faddis thinks valuation looks attractive as it trades under a 1.2 price-to-book ratio. She also finds its 12% return on equity great. The company doubled its dividend over the last five years and it's now north of 3%. Faddis expects the dividend to grow and she would be a buyer of the stock. She's not concerned about the regulatory environment.Guy Adami and Tim Seymour are also buyers of the stock, while Dan Nathan and Brian Kelly wouldn't buy it.See more from Benzinga * Click here for options trades from Benzinga * Mike Khouw Sees Unusual Options Activity In Ford * Cramer Gives His Opinion On CBAK Energy Technology, Centene And More(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak and Executive Vice President and Chief Financial Officer Robert Q. Reilly will discuss business performance, strategy and banking in a virtual moderated discussion format at 1:40 p.m. (ET) Tuesday, Dec. 8, at the Goldman Sachs US Financial Services Conference.