- Principal Financial Group (PFG, Financial) raises its quarterly dividend, offering a lucrative yield of 4.05%.
- The stock shows a significant potential upside based on analyst and GuruFocus estimates.
- Market consensus holds a "Hold" rating on PFG, urging cautious optimism for investors.
Principal Financial Group (PFG) has bolstered its shareholder value by announcing a quarterly dividend increase to $0.76 per share, marking a 1.3% rise from the previous dividend of $0.75. With this increase, the forward dividend yield elevates to an attractive 4.05%. However, the company's Non-GAAP EPS came in at $1.81, falling short by $0.02, reflecting a mixed financial performance.
Wall Street Analysts Forecast
Analyzing the insights of 11 analysts, the one-year price target for Principal Financial Group Inc (PFG, Financial) averages at $81.00. This analysis presents a high estimate of $99.00 and a low estimate of $64.00, suggesting a potential 8.00% upside from its current trading price of $75.00. For a deeper dive into these projections, visit the Principal Financial Group Inc (PFG) Forecast page.
Analysts' Consensus and Valuation
The consensus recommendation from 14 brokerage firms classifies Principal Financial Group Inc (PFG, Financial) with an average brokerage recommendation of 2.8, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 is a Strong Buy, and 5 is a Sell, suggesting cautious optimism among analysts.
According to GuruFocus' proprietary metrics, the estimated GF Value for Principal Financial Group Inc (PFG, Financial) in one year is pegged at $90.70. This valuation indicates a promising 20.93% upside from the current price of $75. The GF Value is a calculated estimate of the stock's fair value, derived from historical trading multiples alongside projections of future business performance. For more comprehensive insights, explore the Principal Financial Group Inc (PFG) Summary page.
