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Principal Financial Group, Inc. (PFG)

116.68 -1.83 (-1.54%)
At close: September 4 at 4:00:00 PM EDT
116.50 -0.18 (-0.15%)
After hours: September 4 at 7:58:16 PM EDT
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What's happening with PFG?

15m ago
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Principal Financial Group (PFG) recently acquired Beam Benefits, enhancing its digital employee benefits offerings. Following this, PFG shares rose 6.5%, and analysts expect continued earnings growth despite slight revisions in EPS estimates.

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  • Previous Close 118.51
  • Open 117.03
  • Bid 110.05 x 100
  • Ask 123.27 x 100
  • Day's Range 115.82 - 118.25
  • 52 Week Range 77.90 - 121.18
  • Volume 1,501,896
  • Avg. Volume 1,407,338
  • Market Cap (intraday) 24.982B
  • Beta (5Y Monthly) 0.87
  • PE Ratio (TTM) 16.62
  • EPS (TTM) 7.02
  • Earnings Date Oct 26, 2026
  • Forward Dividend & Yield 3.36 (2.84%)
  • Ex-Dividend Date Sep 3, 2026
  • 1y Target Est 110.00

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 Asset Management, and Benefits and Protection segments. The Retirement and Income Solutions segment provides retirement, and related financial products and services. This segment offers products and services for defined contribution plans, including 401(k) and 403(b) plans, defined benefit 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, registered index-linked annuities, and bank products, as well as trust and custody services. The Principal Asset Management segment provides equity, fixed income, real estate, and other alternative investments, as well as fund offerings. This segment also offers pension accumulation products and services, mutual funds, asset management, income annuities, and life insurance accumulation products, as well as voluntary savings plans. The Benefits and Protection segment provides specialty benefits, such as specialty benefits group dental and vision insurance, group life and other 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. This segment serves insurance solutions for small and medium-sized businesses and their owners, as well as employees. The company was founded in 1879 and is based in Des Moines, Iowa.

www.principal.com

19,700

Full Time Employees

December 31

Fiscal Year Ends

Asset Management

Industry

Performance Overview

Trailing total returns as of 9/4/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

PFG
35.55%
S&P 500 (^GSPC)
12.75%

1-Year Return

PFG
48.46%
S&P 500 (^GSPC)
18.71%

3-Year Return

PFG
66.87%
S&P 500 (^GSPC)
70.93%

5-Year Return

PFG
110.95%
S&P 500 (^GSPC)
70.18%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 3.91B
Earnings 403.4M
Profit Margin 10.33%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

0
1B
2B
3B
4B
6.0%
8.0%
10.0%
12.0%

Analyst Insights

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Top Analyst

Raymond James
51/100
Latest Rating
Outperform

Analyst Price Targets

92.00 Low
110.00 Average
116.68 Current
125.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 8/3/2026
Analyst JP Morgan
Rating Action Maintains
Rating Neutral
Price Action Raises
Price Target 106 -> 107

Statistics

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Valuation Measures

Annual
As of 9/1/2026
  • Market Cap

    23.41B

  • Enterprise Value

    22.50B

  • Trailing P/E

    15.58

  • Forward P/E

    9.39

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    1.54

  • Price/Book (mrq)

    1.93

  • Enterprise Value/Revenue

    1.43

  • Enterprise Value/EBITDA

    --

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    9.93%

  • Return on Assets (ttm)

    0.35%

  • Return on Equity (ttm)

    12.95%

  • Revenue (ttm)

    15.69B

  • Net Income Avi to Common (ttm)

    1.56B

  • Diluted EPS (ttm)

    7.02

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    6.37B

  • Total Debt/Equity (mrq)

    35.31%

  • Levered Free Cash Flow (ttm)

    1.06B

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Company Insights

Fair Value

116.68 Current

Dividend Score

0 Low
Sector Avg.
100 High

Hiring Score

0 Low
Sector Avg.
100 High

Insider Sentiment Score

0 Low
Sector Avg.
100 High

Research Reports

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  • Lowering target price to $120.00

    Principal Financial Group Inc has an Investment Rating of BUY; a target price of $120.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
  • Lowering target price to $123.00

    Principal Financial Group Inc has an Investment Rating of BUY; a target price of $123.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
  • What does Argus have to say about PFG?

    Principal Financial Group Inc has an Investment Rating of BUY; a target price of $124.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
  • Lowering target price to $124.00

    Principal Financial Group Inc has an Investment Rating of BUY; a target price of $124.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target

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