Principal Financial Group Stock Today

PFG Stock  USD 85.73  1.03  1.22%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 21

 
High
 
Low
Low
Principal Financial is trading at 85.73 as of the 24th of November 2024. This is a 1.22 percent increase since the beginning of the trading day. The stock's lowest day price was 84.77. Principal Financial has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading 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 26th of August 2024 and ending today, the 24th of November 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 228.73 M outstanding shares of which 2.4 M shares are at this time shorted by investors with about 2.14 days to cover. More on Principal Financial Group

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Principal Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO and President and DirectorDaniel Houston
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
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00190.002
Notably Down
Very volatile
Asset Turnover0.07080.0448
Way Up
Slightly volatile
Gross Profit Margin1.131.14
Slightly Down
Slightly volatile
Total Current Liabilities69.3 M73 M
Notably Down
Slightly volatile
Non Current Liabilities Total287.8 B274.1 B
Sufficiently Up
Pretty Stable
Total Assets207.9 B305 B
Way Down
Slightly volatile
Total Current Assets4.5 B4.7 B
Notably Down
Slightly volatile
Total Cash From Operating Activities3.7 B3.8 B
Fairly Down
Slightly volatile
Debt Levels
Principal Financial can leverage 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.
Liquidity
Principal Financial Group 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. Note however, debt could still be an excellent tool for Principal to invest in growth at high rates of return.

Change In Working Capital

2.18 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 19.61 B. Principal Financial runs under Insurance sector within Financials industry. The entity has 228.73 M outstanding shares of which 2.4 M shares are at this time shorted by investors with about 2.14 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 228.73 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 Institutional Holders

InstituionRecorded OnShares
Norges Bank2024-06-30
3.3 M
Amvescap Plc.2024-06-30
2.6 M
Jpmorgan Chase & Co2024-06-30
2.3 M
Legal & General Group Plc2024-06-30
2.1 M
Bank Of New York Mellon Corp2024-06-30
1.9 M
Ubs Asset Mgmt Americas Inc2024-09-30
1.7 M
Goldman Sachs Group Inc2024-06-30
1.5 M
Hsbc Holdings Plc2024-06-30
1.4 M
Charles Schwab Investment Management Inc2024-09-30
1.4 M
Vanguard Group Inc2024-09-30
27.5 M
Blackrock Inc2024-06-30
19.8 M
View Principal Financial Diagnostics

Principal Financial Historical Income Statement

At this time, Principal Financial's Total Operating Expenses is most likely to decrease significantly in the upcoming years. The Principal Financial's current Net Income Applicable To Common Shares is estimated to increase to about 5.8 B, while Interest Expense is projected to decrease to roughly 1.8 M. View More Fundamentals

Principal Stock Against Markets

Principal Financial Corporate Management

Nathan SchelhaasSenior SegmentProfile
Joel PitzSenior ControllerProfile
JD CFAChief ManagementProfile
Christopher PayneSenior RelationsProfile
Ellen ShumwaySenior ManagementProfile
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 closely tied with the direction of predictive economic indicators such as signals in census.
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Is Life & Health Insurance space 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
(0.06)
Dividend Share
2.79
Earnings Share
(0.74)
Revenue Per Share
59.953
Quarterly Revenue Growth
(0.34)
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.