PFG - Principal Financial Group, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
52.31
-1.78 (-3.29%)
At close: 4:00PM EDT
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Previous Close54.09
Open53.72
Bid52.23 x 900
Ask52.25 x 800
Day's Range51.99 - 54.22
52 Week Range40.42 - 61.12
Volume895,765
Avg. Volume1,288,706
Market Cap14.584B
Beta (3Y Monthly)1.43
PE Ratio (TTM)9.83
EPS (TTM)5.32
Earnings DateOct 24, 2019
Forward Dividend & Yield2.20 (4.07%)
Ex-Dividend Date2019-09-04
1y Target Est59.15
Trade prices are not sourced from all markets
  • Why Is Principal Financial (PFG) Down 13% Since Last Earnings Report?
    Zacks

    Why Is Principal Financial (PFG) Down 13% Since Last Earnings Report?

    Principal Financial (PFG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Ed Goldman: Beazer Homes teaches foster teens construction skills
    American City Business Journals

    Ed Goldman: Beazer Homes teaches foster teens construction skills

    I’m tempted to start this column by saying that if you want a reliable, charitable partner when you’re teaching foster kids hands-on construction skills, “Leave It To Beazer.” — Well, I just did. To hear Bill Ryland tell it, director of Koinonia Homes for Teens, Atlanta-based but California-busy Beazer Homes is providing teens with the kind of real-time life skills rarely taught in schools. A little more than two weeks ago, ground was broken on what Ryland calls the Dream Builders Workshop.

  • 7 Low Price-to-Sales Stocks Likely to Deliver Robust Value
    Zacks

    7 Low Price-to-Sales Stocks Likely to Deliver Robust Value

    Price-to-sales is often preferred over price-to-earnings as companies can manipulate their earnings using various accounting measures.

  • Pick These 5 Bargain Stocks With Enticing EV/EBITDA Ratios
    Zacks

    Pick These 5 Bargain Stocks With Enticing EV/EBITDA Ratios

    We have screened bargain stocks based on EV/EBITDA ratio that offers a clearer picture of a company's valuation and earnings potential.

  • Stakeholder Capitalism Will Fail If It’s Just Talk
    Bloomberg

    Stakeholder Capitalism Will Fail If It’s Just Talk

    (Bloomberg Opinion) -- For 47 years, the Business Roundtable has lobbied on behalf of corporate America. Much of that time, it maintained a fiction(1) -- that the sole purpose of a corporation was to maximize profits on behalf of shareholders. This philosophy has been under assault for several years now, and this week the Business Roundtable announced it wants to put it to rest.In a widely circulated memo, the 200-member organization reversed itself, writing that "shareholder primacy” is no longer the sole purpose of a corporation. Instead, corporations must include a commitment to “all stakeholders,” which includes customers, employees, suppliers and local communities.Some kudos are in order for JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon, and chairman of the Business Roundtable, for driving these changes. He has been discussing the need for a more inclusive form of capitalism, both in public speeches and in his letters to shareholders, for some time.But turning this aircraft carrier around won’t be easy, in large part because of the group's own history. Indeed, the Roundtable has spent most of the past four decades advocating against the interests of those exact stakeholders. To cite some of the more notable examples:\-- It fought the rise of labor unions and pro-union legislation;\-- Helped to defeat antitrust bills;\-- Prevented the formation of the Consumer Protection Agency;\-- Opposed corporate governance changes to make boards of directors and CEOs more accountable to stockholders;\-- Fought proper accounting of stock options given as compensation to executives and insiders;\-- Opposed increases in the national minimum wage (it now favors increases);\-- Lobbied to prevent restrictions on executive compensation;\-- Fought legislation that would create cleaner energy and address climate change;\-- Pushed for corporate income-tax cuts;\-- Supported anti-consumer Supreme Court decisions, including the fiction that corporations are legal people, and that campaign donations equal speech.   The Roundtable might respond that this is all in the past. Let’s hope so. But the organization has an even greater challenge: Scan the list of 181 signatories to the recent memo and it's a Who’s Who of corporate behavior that has burdened and disadvantaged the very stakeholders they will now champion.Consider a few of the signatories:\-- Amazon.com Inc. and Apple Inc.:  Two of the most valuable companies in the world are famously effective at using various tax dodges to avoid paying their fair share. I can recall when the Internal Revenue Service went after maneuvers that serve no valid business purpose other than tax avoidance. Consider that what isn't paid in tax by those who avoid them must be made up for by those who do -- mostly average Americans who also happen to be customers of these companies.The share of federal tax revenue paid by corporations has dropped by two-thirds in the past seven decades -- from 32% in 1952 to 10% in 2013; and corporate income tax as a share of gross domestic product has fallen from about 6% in 1946 to about 1.5% today.\-- Visa Inc., Mastercard Inc. and American Express Co.: Show good faith -- working with card-issuing banks as needed -- by simplifying the incomprehensible small print in the cardholder agreement and spell out in clear language the terms and penalties for late payment. Second, do the same for mandatory arbitration clauses that take away the right of customers to seek redress in public courts.\-- Ameriprise Financial Inc., Morgan Stanley and Principal Financial Group Inc: The brokers and insurers on the list have been zealous opponents of the fiduciary rule. Instead, they prefer a less stringent rule that allows them to sell products that are better for them than for their customers. Until those firms -- and Citigroup Inc. and JPMorgan are in this group -- embrace a higher duty of care, their gestures toward stakeholders are hollow. Oh, and they should drop the requirement that customers agree to mandatory arbitration clauses as one of the conditions for opening a brokerage account.\-- Coca Cola Co. and PepsiCo Inc.: For years these companies have been helping the American public achieve record levels of diabetes and obesity by selling health-damaging sugary drinks. They should acknowledge and warn customers of the consequences of consuming too much of their products, and accept the same kinds of taxes and health warnings now affixed to cigarettes.\-- Deere & Co.: The maker of farm machinery has led the fight against customers, insisting that they not make repairs to the equipment they own, and denying them access to parts and instructions. Repairs can only be made by Deere service technicians in what has come to be known as a “repair monopoly.” Apple, by the way, does the same thing.\-- Walmart Inc. and McDonald's Corp.: Both were steadfast opponents of increases in minimum wages for years. Although both now offer higher minimum pay, it was only after a tightening labor market forced them to increase wages. But this wasn't a case of corporate altruism -- their stores were messy and employees were sullen, and pay increases were part of plans to keep ill-treated customers from defecting. (McDonald's is not a signatory to the Roundtable memo).For the Roundtable commitment to be meaningful, the signatories are going to have to alter their behavior in ways large and small, and maybe even in ways that aren't always optimal for maximizing short-term profits. Still, we should be encouraged. But the proof will be in the follow through and the actual actions of the Roundtable members.(Corrects to clarify section on credit-card companies to indicate the role of banks in setting terms for customers.   )(1) In “The Shareholder Value Myth,” Lynn Stout explained how the entire theory is based on a misreading of a 1919 court case -- Dodge vs. Ford – at the time, both privately held, non-public companies.To contact the author of this story: Barry Ritholtz at britholtz3@bloomberg.netTo contact the editor responsible for this story: James Greiff at jgreiff@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Barry Ritholtz is a Bloomberg Opinion columnist. He is chairman and chief investment officer of Ritholtz Wealth Management, and was previously chief market strategist at Maxim Group. He is the author of “Bailout Nation.”For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Principal Names Jonathan S. Auerbach to Board of Directors
    Business Wire

    Principal Names Jonathan S. Auerbach to Board of Directors

    Principal Financial Group® (PFG) announced today that Jonathan S. Auerbach, executive vice president, chief strategy, growth and data officer of PayPal Holdings, Inc., has been elected to the Principal Board of Directors, effective September 15, 2019. “Jonathan brings more than 25 years of global business insight and leadership experience to this appointment,” said Dan Houston, chairman, president and chief executive officer of Principal®. Auerbach, 56, joined PayPal in 2015 and has held various executive management positions.

  • Business Wire

    New Mobile App From Principal Helps Make Retirement Account Transactions Quick and Easy

    Taking the best of human-centered design and holistic participant experience, Principal Financial Group® has launched a new mobile app to retirement plan customers. The newly designed app is the latest in a string of customer experience enhancements, including the launch of ARAG will preparation services, educational content, HSA account integration and an Amazon Alexa Flash Briefing skill to share financial tips. “The app has the transactional excellence that people expect, coupled with moments of education and celebration to help our customers build confidence.

  • Principal Financial (PFG) is a Top Dividend Stock Right Now: Should You Buy?
    Zacks

    Principal Financial (PFG) is a Top Dividend Stock Right Now: Should You Buy?

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Principal Financial (PFG) have what it takes? Let's find out.

  • Stifel to Acquire Certain Assets of George K. Baum & Company
    Zacks

    Stifel to Acquire Certain Assets of George K. Baum & Company

    Stifel (SF) intends to acquire assets of George K. Baum & Company in order to fulfil its strategic vision of becoming a premier wealth management and investment banking firm.

  • Should Principal Financial Group, Inc. (NASDAQ:PFG) Be Your Next Stock Pick?
    Simply Wall St.

    Should Principal Financial Group, Inc. (NASDAQ:PFG) Be Your Next Stock Pick?

    Principal Financial Group, Inc. (NASDAQ:PFG) is a company with exceptional fundamental characteristics. Upon building...

  • Zacks.com featured highlights include: Universal Forest, Rocky Brands, Triple-S, Rush, Sinopec, Summit and Principal Financial
    Zacks

    Zacks.com featured highlights include: Universal Forest, Rocky Brands, Triple-S, Rush, Sinopec, Summit and Principal Financial

    Zacks.com featured highlights include: Universal Forest, Rocky Brands, Triple-S, Rush, Sinopec, Summit and Principal Financial

  • 7 Value-Based Low Price-to-Sales Stocks With Room to Run
    Zacks

    7 Value-Based Low Price-to-Sales Stocks With Room to Run

    A stock with a lower price-to-sales ratio is a more suitable investment than a stock with a high price-to-sales ratio.

  • Worst Day of the Year as China Punches Back
    Zacks

    Worst Day of the Year as China Punches Back

    Worst Day of the Year as China Punches Back

  • Top Ranked Growth Stocks to Buy for August 2nd
    Zacks

    Top Ranked Growth Stocks to Buy for August 2nd

    Top Ranked Growth Stocks to Buy for August 2nd

  • Thomson Reuters StreetEvents

    Edited Transcript of PFG earnings conference call or presentation 26-Jul-19 2:00pm GMT

    Q2 2019 Principal Financial Group Inc Earnings Call

  • Principal Financial Group Inc (PFG) Q2 2019 Earnings Call Transcript
    Motley Fool

    Principal Financial Group Inc (PFG) Q2 2019 Earnings Call Transcript

    PFG earnings call for the period ending June 30, 2019.

  • Principal Financial (PFG) Q2 Earnings and Revenues Beat
    Zacks

    Principal Financial (PFG) Q2 Earnings and Revenues Beat

    Principal Financial (PFG) Q2 reflects growth in assets under management, solid investment performance and disciplined expense management.

  • Top Ranked Growth Stocks to Buy for July 26th
    Zacks

    Top Ranked Growth Stocks to Buy for July 26th

    Top Ranked Growth Stocks to Buy for July 26th

  • Why Principal Financial (PFG) is a Great Dividend Stock Right Now
    Zacks

    Why Principal Financial (PFG) is a Great Dividend Stock Right Now

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Principal Financial (PFG) have what it takes? Let's find out.

  • Principal Financial (PFG) Surpasses Q2 Earnings and Revenue Estimates
    Zacks

    Principal Financial (PFG) Surpasses Q2 Earnings and Revenue Estimates

    Principal Financial (PFG) delivered earnings and revenue surprises of 8.57% and 4.23%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Business Wire

    Principal Announces Second Quarter 2019 Results

    Company Also Announces Increase to Common Stock Dividend

  • Zacks.com featured highlights include: Hibbett, Triple-S, Quanta, Preferred Apartment and Principal Financial
    Zacks

    Zacks.com featured highlights include: Hibbett, Triple-S, Quanta, Preferred Apartment and Principal Financial

    Zacks.com featured highlights include: Hibbett, Triple-S, Quanta, Preferred Apartment and Principal Financial

  • Business Wire

    Principal Launches Three New Multi-Factor ETFs

    Strategies built to meet needs of RobustWealth digital platform

  • 7 Low Price-to-Sales Stocks to Enhance Portfolio Returns
    Zacks

    7 Low Price-to-Sales Stocks to Enhance Portfolio Returns

    A stock with a lower price-to-sales ratio is a more suitable investment than a stock with a high price-to-sales ratio.