Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $51.56 USD
Change Today -0.66 / -1.26%
Volume 871.5K
PFG On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 4:15 PM 05/5/15 All times are local (Market data is delayed by at least 15 minutes).

principal financial group (PFG) Snapshot

Open
$51.96
Previous Close
$52.22
Day High
$52.41
Day Low
$51.48
52 Week High
09/3/14 - $55.07
52 Week Low
05/15/14 - $44.66
Market Cap
15.2B
Average Volume 10 Days
1.2M
EPS TTM
$3.77
Shares Outstanding
294.4M
EX-Date
06/4/15
P/E TM
13.7x
Dividend
$1.52
Dividend Yield
2.64%
Current Stock Chart for PRINCIPAL FINANCIAL GROUP (PFG)

principal financial group (PFG) Related Businessweek News

View More BusinessWeek News

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: $982.7K
President, Chief Operating Officer and Direct...
Total Annual Compensation: $592.8K
Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $523.1K
Chief Executive Officer of Principal Global I...
Total Annual Compensation: $629.6K
Chairman of Principal International Inc., Chi...
Total Annual Compensation: $559.1K
Compensation as of Fiscal Year 2014.

principal financial group (PFG) Key Developments

Principal Financial Group, Inc. Announces Preferred Dividend, Payable on June 30, 2015

Principal Financial Group Inc. announced that its board of directors declared a cash dividend of $1.39075 per share on its 5.563% Series A non-cumulative perpetual preferred stock and a cash dividend of $0.407375 per share on its 6.518% Series B non-cumulative perpetual preferred stock. The preferred dividends are payable on June 30, 2015, to preferred stockholders of record as of June 11, 2015.

Principal Financial Group Inc. Declares Quarterly Dividend Payable on June 26, 2015; Reports Earnings Results for the First Quarter Ended March 31, 2015

Principal Financial Group Inc. declared a quarterly dividend of $0.38 per share of common stock for second quarter 2015, a 6% increase over first quarter 2015, authorized by its Board of Directors. The dividend will be payable on June 26, 2015, to shareholders of record as of June 8, 2015. The company reported earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported operating earnings increased 3% to $326.4 million for first quarter 2015, compared to $317.1 million for first quarter 2014. Operating earnings per diluted share increased 3% to $1.09 for first quarter 2015, compared to $1.06 for first quarter 2014 despite the drag from unfavorable macroeconomic conditions. Net income available to common stockholders for first quarter 2015 increased 41% to $414.2 million, or $1.39 per diluted share, compared to $293.7 million, or $0.95 per diluted share for first quarter 2014 largely due to a deferred tax benefit related to the merger in Chile. Operating revenues for first quarter 2015 were $2,544.6 million, an increase of 2%, compared to $2,499.3 million for first quarter 2014 despite lower variable investment income in first quarter 2015. Total net cash flows were $9.4 billion for the quarter. Return on equity was 14.0%.

Principal Financial Group Inc. Presents at Milken Institute, Global Conference 2015, Apr-27-2015 05:00 PM

Principal Financial Group Inc. Presents at Milken Institute, Global Conference 2015, Apr-27-2015 05:00 PM. Venue: 2025 Ave Of The Stars, Los Angeles, CA 90067, California, United States. Speakers: James P. McCaughan, Chief Executive Officer of Principal Global Investors, President of Principal Global Investors and President of Global Asset Management.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
PFG:US $51.56 USD -0.66

PFG Competitors

Market data is delayed at least 15 minutes.

Company Last Change
CNA Financial Corp $39.73 USD -0.49
Lincoln National Corp $58.31 USD +0.31
Progressive Corp/The $27.09 USD -0.05
Hartford Financial Services Group Inc/The $41.17 USD -0.17
Unum Group $34.69 USD -0.09
View Industry Companies
 

Industry Analysis

PFG

Industry Average

Valuation PFG Industry Range
Price/Earnings 12.6x
Price/Sales 1.4x
Price/Book 1.5x
Price/Cash Flow 12.0x
TEV/Sales 0.8x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact PRINCIPAL FINANCIAL GROUP, please visit www.principal.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.