The financial institution has reported positive first-quarter results, showcasing robust growth and strategic progress. The company, which oversees assets under management totaling $718 billion within a broader framework of $1.7 trillion in assets under administration, announced an increase in book value per common share. The figure rose to $49.85 from $49.01 in the previous quarter, highlighting solid financial performance.
During the first quarter of 2025, the firm achieved a 10% growth in earnings per share (EPS) and a return on equity (ROE) of 14%. This success has been attributed to strong business fundamentals and a strategic emphasis on tapping into higher-growth markets. The firm remains dedicated to returning excess capital to its shareholders while maintaining a robust capital position.
As the company looks forward to the second quarter of 2025, it remains optimistic about navigating the challenges of a dynamic market environment. The diversified and integrated portfolio of businesses continues to provide resilience and deliver value to both customers and shareholders, according to the company.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for Principal Financial Group Inc (PFG, Financial) is $81.45 with a high estimate of $99.00 and a low estimate of $64.00. The average target implies an upside of 8.61% from the current price of $75.00. More detailed estimate data can be found on the Principal Financial Group Inc (PFG) Forecast page.
Based on the consensus recommendation from 14 brokerage firms, Principal Financial Group Inc's (PFG, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Principal Financial Group Inc (PFG, Financial) in one year is $90.70, suggesting a upside of 20.93% from the current price of $75. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Principal Financial Group Inc (PFG) Summary page.
