Last $51.78 USD
Change Today -0.68 / -1.30%
Volume 376.3K
PFG On Other Exchanges
Symbol
Exchange
New York
As of 11:30 AM 03/3/15 All times are local (Market data is delayed by at least 15 minutes).

principal financial group (PFG) Snapshot

Open
$52.16
Previous Close
$52.46
Day High
$52.34
Day Low
$51.74
52 Week High
09/3/14 - $55.07
52 Week Low
04/17/14 - $42.90
Market Cap
15.2B
Average Volume 10 Days
1.1M
EPS TTM
$3.62
Shares Outstanding
294.1M
EX-Date
03/5/15
P/E TM
14.3x
Dividend
$1.44
Dividend Yield
2.46%
Current Stock Chart for PRINCIPAL FINANCIAL GROUP (PFG)

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principal financial group (PFG) Details

Principal Financial Group, Inc. provides retirement, asset management, and insurance products and services. It operates through Retirement and Investor Services, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments. The Retirement and Investor Services segment provides a portfolio of asset accumulation products and services for retirement savings and investment to businesses, institutional clients, and employees of business and other individuals. It offers products and services for defined contribution pension plans, including 401(k) and 403(b) plans, defined benefit pension plans, nonqualified executive benefit plans, and employee stock ownership plans; investment-only products; and annuities, mutual funds, 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 and income annuity products, mutual funds, asset management, and life insurance accumulation products, as well as voluntary savings plans in Brazil, Chile, China, Hong Kong SAR, India, Mexico, and the Southeast Asia. This segment also promotes and advises on retirement and long-term investment products. The U.S. Insurance Solutions segment provides individual life insurance products comprising universal and variable universal life insurance and traditional life insurance; and specialty benefits consisting of group dental and vision insurance, individual and group disability insurance, and group life insurance, as well as non-medical fee-for-service claims administration services in the United States. It also provides 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 headquartered in Des Moines, Iowa.

14,873 Employees
Last Reported Date: 02/11/15
Founded in 1879

principal financial group (PFG) Top Compensated Officers

Chairman, Chief Executive Officer, Chairman o...
Total Annual Compensation: $919.2K
President, Chief Operating Officer and Direct...
Total Annual Compensation: $566.9K
Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $494.2K
Chief Executive Officer of Principal Global I...
Total Annual Compensation: $611.5K
Chairman of Principal International Inc, Chie...
Total Annual Compensation: $541.2K
Compensation as of Fiscal Year 2013.

principal financial group (PFG) Key Developments

Principal Financial Group Inc. Presents at Raymond James & Associates 36th Annual Institutional Investors Conference, Mar-03-2015 08:00 AM

Principal Financial Group Inc. Presents at Raymond James & Associates 36th Annual Institutional Investors Conference, Mar-03-2015 08:00 AM. Venue: JW Marriott Grande Lakes, 4040 Central Florida Parkway, Orlando, FL 32837, United States. Speakers: Timothy J. Minard, Senior Vice President of Distribution.

Principal Financial Group Inc. Presents at Bank of America/Merrill Lynch 2015 Insurance Conference, Feb-12-2015 04:40 PM

Principal Financial Group Inc. Presents at Bank of America/Merrill Lynch 2015 Insurance Conference, Feb-12-2015 04:40 PM. Venue: The New York Palace, New York, New York, United States. Speakers: Terrance J. Lillis, Chief Financial Officer, Chief Accounting Officer and Executive Vice President.

Principal Financial Seeks Acquisitions

Principal Financial Group Inc. (NYSE:PFG) said it still believes in asset management boutiques and is seeing plenty of acquisition opportunities. A surprise $44.2 million loss connected to a boutique business in the 2014 fourth quarter has not diminished Principal Financial's enthusiasm for asset management M&A, executives said during a January 30, 2015 conference call to discuss earnings. Principal Financial is seeing greater opportunity for asset management acquisitions, as well as potential purchases abroad, as European companies streamline their operations and sell off noncore units. Principal Financial said it plans to spend $800 million to $1.0 billion on capital management in 2015, which could include strategic M&A as well as further investments in joint ventures and asset management boutiques. "That's a great opportunity because these are already high-performing, highly profitable companies where the incremental return on capital is very high," Chairman and Chief Executive Officer Larry Zimpleman said during the call.

 

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PFG Competitors

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Industry Analysis

PFG

Industry Average

Valuation PFG Industry Range
Price/Earnings 14.0x
Price/Sales 1.5x
Price/Book 1.5x
Price/Cash Flow 13.2x
TEV/Sales 0.8x
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