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Financial Services - Insurance - Diversified - NASDAQ - US
$ 86.56
0.232 %
$ 19.8 B
Market Cap
-118.58
P/E
1. INTRINSIC VALUE

Principal Financial Group, Inc. provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments. The Retirement and Income Solutions segment provides a portfolio of asset accumulation products and services for retirement savings and income. It offers products and services for defined contribution plans, including 401(k) and 403(b) plans, defined benefit pension plans, nonqualified executive benefit plans, employee stock ownership plans, equity compensation, and pension risk transfer services; individual retirement accounts; investment only products; and mutual funds, individual variable annuities, and bank products.[ Read More ]

The intrinsic value of one PFG stock under the base case scenario is HIDDEN Compared to the current market price of 86.6 USD, Principal Financial Group, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart PFG

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FINANCIALS
13.7 B REVENUE
-21.87%
8.59 B OPERATING INCOME
42.76%
623 M NET INCOME
-87.16%
3.79 B OPERATING CASH FLOW
19.52%
-1.35 B INVESTING CASH FLOW
-127.25%
-2.59 B FINANCING CASH FLOW
-50.74%
3.01 B REVENUE
-30.14%
1.68 B OPERATING INCOME
277.84%
-886 M NET INCOME
-250.81%
1.13 B OPERATING CASH FLOW
-21.21%
2.4 M INVESTING CASH FLOW
100.83%
228 M FINANCING CASH FLOW
145.99%
Balance Sheet Decomposition Principal Financial Group, Inc.
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Current Assets 4.71 B
Cash & Short-Term Investments 4.71 B
Receivables 0
Other Current Assets 0
Non-Current Assets 5.63 B
Long-Term Investments 68 B
PP&E 938 M
Other Non-Current Assets -63.3 B
Current Liabilities 73 M
Accounts Payable 19.6 B
Short-Term Debt 61.1 M
Other Current Liabilities -19.6 B
Non-Current Liabilities 274 B
Long-Term Debt 3.93 B
Other Non-Current Liabilities 270 B
EFFICIENCY
Earnings Waterfall Principal Financial Group, Inc.
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Revenue 13.7 B
Cost Of Revenue 0
Gross Profit 13.7 B
Operating Expenses 5.07 B
Operating Income 8.59 B
Other Expenses 7.97 B
Net Income 623 M
RATIOS
100.00% GROSS MARGIN
100.00%
62.88% OPERATING MARGIN
62.88%
4.56% NET MARGIN
4.56%
5.71% ROE
5.71%
0.20% ROA
0.20%
52.28% ROIC
52.28%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Principal Financial Group, Inc.
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Net Income 623 M
Depreciation & Amortization 273 M
Capital Expenditures -102 M
Stock-Based Compensation 99.4 M
Change in Working Capital 2.79 B
Others 2.8 B
Free Cash Flow 3.69 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Principal Financial Group, Inc.
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Wall Street analysts predict an average 1-year price target for PFG of $82.1 , with forecasts ranging from a low of $74 to a high of $91 .
PFG Lowest Price Target Wall Street Target
74 USD -14.51%
PFG Average Price Target Wall Street Target
82.1 USD -5.14%
PFG Highest Price Target Wall Street Target
91 USD 5.13%
4. DIVIDEND ANALYSIS
0.83% DIVIDEND YIELD
0.73 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Principal Financial Group, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 years ago
Mar 18, 2022
Sell 257 K USD
McCullum Kenneth A.
SVP & Chief Risk Officer
- 3694
69.5 USD
2 years ago
Oct 19, 2022
Sell 80 K USD
HELTON SANDRA L
Director
- 1000
80.02 USD
2 years ago
Oct 18, 2022
Sell 1.12 M USD
HELTON SANDRA L
Director
- 14033
80.05 USD
2 years ago
Oct 18, 2022
Sell 1.12 M USD
HELTON SANDRA L
Director
- 14033
80.05 USD
2 years ago
Sep 13, 2022
Sell 192 K USD
Cheong Wee Yee
EVP, Principal Asia
- 2447
78.45 USD
2 years ago
Aug 22, 2022
Sell 693 K USD
Walker Roberto
EVP, Principal Latin American
- 9000
76.95 USD
2 years ago
Aug 18, 2022
Sell 1.01 M USD
Walker Roberto
EVP, Principal Latin American
- 12975
78.04 USD
2 years ago
Aug 17, 2022
Sell 471 K USD
Walker Roberto
EVP, Principal Latin American
- 6000
78.58 USD
2 years ago
Aug 09, 2022
Sell 1.09 M USD
HELTON SANDRA L
director:
- 15000
72.9 USD
2 years ago
Aug 15, 2022
Sell 495 K USD
Schaaf Renee V.
President - RIS
- 6250
79.21 USD
2 years ago
May 25, 2022
Sell 710 K USD
Cheong Wee Yee
EVP, Principal Asia
- 10000
71 USD
7. News
Principal Financial Upgraded As Growth Indicators And 3% Yield Looks Positive Principal Financial gets upgraded to a buy, as it shows growth indicators that could drive its insurance premiums and fees revenue, along with positive EPS guidance. Its 3% dividend yield is competitive among its peer group. With strong credit ratings from major agencies, and a low debt-to-equity, the firm has a lower risk profile. seekingalpha.com - 1 day ago
Group Health Life and Benefits Brokers can leverage PerfectQuote's Digital Quoting Platform to receive underwritten quotes directly from Principal Financial Group®. AUSTIN, Texas , Nov. 7, 2024 /PRNewswire/ -- PerfectQuote, Inc., a leading group health digital quoting platform, announced its collaboration with Principal Financial Group ®, to provide PerfectQuote customers with direct, underwritten proposals for dental, vision, life, disability and voluntary benefits delivered through its Request-for-Proposal ("RFP") toolset. With a critical mass of firms and general agencies leveraging the PerfectQuote platform (including 14 of the top 20 largest U.S.- based firms) servicing almost 80,000 employers through the platform, insurance carriers are leveraging a frictionless digital distribution experience to deliver underwritten and bindable quotes; allowing PerfectQuote to continue its mission to enable distribution at scale to thousands of brokers nationwide along with reporting insights to help carrier sales and underwriting teams optimize their operations. prnewswire.com - 1 week ago
Principal to Host Investor Day on November 18, 2024 DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced today that it will host its 2024 Investor Day on Monday, November 18, 2024, from 1 p.m. to 4 p.m. EST in New York City. To view the webcast live and access related material, please register in advance at principal.com/investorday. A replay will also be available on the website following the event. Any questions regarding Principal's 2024 Investor Day may be directed to Principal's Investor Relations team at in. businesswire.com - 1 week ago
Principal Financial Group, Inc. (PFG) Q3 2024 Earnings Call Transcript Principal Financial Group, Inc. (NASDAQ:PFG ) Q3 2024 Earnings Conference Call October 25, 2024 10:00 AM ET Company Participants Humphrey Lee - VP, IR Daniel Houston - Chairman, President & CEO Deanna Strable - EVP & CFO Amy Friedrich - President, Benefits and Protection Christopher Littlefield - President, Retirement and Income Solutions Kamal Bhatia - President & CEO, Principal Asset Management Joel Pitz - Interim CFO Conference Call Participants Joel Hurwitz - Dowling & Partners Suneet Kamath - Jefferies Ryan Krueger - KBW John Barnidge - Piper Stanley Wilma Burdis - Raymond James Tom Gallagher - Evercore ISI Wes Carmichael - Autonomous Research Elyse Greenspan - Wells Fargo Josh Shanker - Bank of America Merrill Lynch Alex Scott - Barclays Operator Good morning, and welcome to the Principal Financial Group Third Quarter 2024 Financial Results Conference Call. [Operator Instructions] I would now like to turn the conference call over to Humphrey Lee, Vice President of Investor Relations. seekingalpha.com - 3 weeks ago
Principal Financial Q3 Earnings Miss on Higher Costs, Dividend Raised PFG's third-quarter results reflect solid performance across the Retirement and Income Solution and Principal International segments, offset by higher expenses. zacks.com - 3 weeks ago
Principal Financial (PFG) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates While the top- and bottom-line numbers for Principal Financial (PFG) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com - 3 weeks ago
Principal Financial (PFG) Lags Q3 Earnings and Revenue Estimates Principal Financial (PFG) came out with quarterly earnings of $1.76 per share, missing the Zacks Consensus Estimate of $2.01 per share. This compares to earnings of $1.72 per share a year ago. zacks.com - 3 weeks ago
Principal Financial Group Announces Third Quarter 2024 Results DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced results for third quarter 2024. Third Quarter 2024 Highlights Net loss attributable to Principal Financial Group (PFG) of $220 million, or $0.95 per diluted share, driven by the loss from exited business Non-GAAP net income attributable to PFG, excluding exited business, of $419 million, or $1.78 per diluted share Non-GAAP operating earnings1 of $412 million, or $1.76 per diluted share; excluding impacts of th. businesswire.com - 3 weeks ago
Is a Beat in the Cards for Principal Financial in Q3 Earnings? PFG's Q3 results are likely to reflect a rise in fee revenues, higher yields, favorable market performance and higher sales of single premium group annuities. zacks.com - 3 weeks ago
Countdown to Principal Financial (PFG) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS Get a deeper insight into the potential performance of Principal Financial (PFG) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics. zacks.com - 3 weeks ago
Principal Financial (PFG) Reports Next Week: Wall Street Expects Earnings Growth Principal Financial (PFG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 1 month ago
Principal Financial to Gain From Solid Segmental Performance PFG gains from new business opportunities, favorable return on capital, financial stability and effective capital deployment. zacks.com - 1 month ago
8. Profile Summary

Principal Financial Group, Inc. PFG

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COUNTRY US
INDUSTRY Insurance - Diversified
MARKET CAP $ 19.8 B
Dividend Yield 0.83%
Description Principal Financial Group, Inc. provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments. The Retirement and Income Solutions segment provides a portfolio of asset accumulation products and services for retirement savings and income. It offers products and services for defined contribution plans, including 401(k) and 403(b) plans, defined benefit pension plans, nonqualified executive benefit plans, employee stock ownership plans, equity compensation, and pension risk transfer services; individual retirement accounts; investment only products; and mutual funds, individual variable annuities, and bank products. The Principal Global Investors segment provides equity, fixed income, real estate, and other alternative investments, as well as asset allocation, stable value management, and other structured investment strategies. The Principal International segment offers pension accumulation products and services, mutual funds, asset management, income annuities, and life insurance accumulation products, as well as voluntary savings plans in Brazil, Chile, Mexico, China, Hong Kong Special Administrative Region, India, and Southeast Asia. The U.S. Insurance Solutions segment provides specialty benefits, such as group dental and vision insurance, group life insurance, and group and individual disability insurance, as well as administers group dental, disability, and vision benefits; and individual life insurance products comprising universal, variable universal, indexed universal, and term life insurance products in the United States. It also offers insurance solutions for small and medium-sized businesses and their owners, as well as executives. Principal Financial Group, Inc. was founded in 1879 and is based in Des Moines, Iowa.
Contact 711 High Street, Des Moines, IA, 50392 https://www.principal.com
IPO Date Oct. 23, 2001
Employees 19800
Officers Mr. Jon N. Couture Executive Vice President of Principal Global Services & Chief Human Resources Officer Ms. Deanna Dawnette Strable-Soethout President, Chief Financial Officer & Chief Operating Officer Ms. Noreen M. Fierro Senior Vice President and Enterprise Chief Ethics & Compliance Officer Ms. Bethany A. Wood Executive Vice President & Chief Marketing Officer Mr. Vivek Agrawal Executive Vice President, Chief Growth Officer & Senior Advisor Mr. Daniel Joseph Houston Chairman & Chief Executive Officer Ms. Amy Christine Friedrich President of Benefits & Protection Ms. Natalie Lamarque Executive Vice President, General Counsel & Company Secretary Ms. Kathleen B. Kay Executive Vice President & Chief Information Officer Mr. Humphrey Lee Vice President & Head of Investor Relations