Principal Financial Group (DB:PG4) - Stock Price, News & Analysis

PG4 Stock Overview

Principal Financial Group, Inc. provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide.

About the company

PG4 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	4/6
Past Performance	2/6
Financial Health	3/6
Dividends	4/6

Rewards

Trading at 56.4% below our estimate of its fair value

Earnings are forecast to grow 24.24% per year

Risk Analysis

Profit margins (4.6%) are lower than last year (27.1%)

Dividend of 3.4% is not well covered by earnings

Principal Financial Group, Inc. Competitors

Wüstenrot & Württembergische

XTRA:WUW

€1.2b

Talanx

XTRA:TLX

€18.0b

Hannover Rück

XTRA:HNR1

€27.5b

Münchener Rückversicherungs-Gesellschaft in München

XTRA:MUV2

€56.6b

Price History & Performance

Summary of all time highs, changes and price drops for Principal Financial Group
Historical stock prices
Current Share Price	US$75.00
52 Week High	US$80.00
52 Week Low	US$60.50
Beta	1.24
1 Month Change	-3.23%
3 Month Change	2.04%
1 Year Change	12.78%
3 Year Change	40.19%
5 Year Change	48.54%
Change since IPO	325.65%

Recent updates

Shareholder Returns

	PG4	DE Insurance	DE Market
7D	1.4%	0.8%	0.5%
1Y	12.8%	21.2%	1.3%

Return vs Industry: PG4 underperformed the German Insurance industry which returned 24.1% over the past year.

Return vs Market: PG4 exceeded the German Market which returned 2.3% over the past year.

Price Volatility

Is PG4's price volatile compared to industry and market?
PG4 volatility
PG4 Average Weekly Movement	2.8%
Insurance Industry Average Movement	2.7%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.2%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: PG4 has not had significant price volatility in the past 3 months.

Volatility Over Time: PG4's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1879	19,800	Dan Houston	www.principal.com

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.

Principal Financial Group, Inc. Fundamentals Summary

How do Principal Financial Group's earnings and revenue compare to its market cap?
PG4 fundamental statistics
Market cap	€18.01b
Earnings (TTM)	€580.95m
Revenue (TTM)	€12.74b

30.6x

P/E Ratio

1.4x

P/S Ratio

Is PG4 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PG4 income statement (TTM)
Revenue	US$13.67b
Cost of Revenue	US$7.83b
Gross Profit	US$5.84b
Other Expenses	US$5.22b
Earnings	US$623.20m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 26, 2024

Earnings per share (EPS)	2.65
Gross Margin	42.73%
Net Profit Margin	4.56%
Debt/Equity Ratio	38.8%

How did PG4 perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

101%

Payout Ratio

PG4 Stock Overview

Rewards

Risk Analysis

Principal Financial Group, Inc. Competitors

XTRA:WUW

€1.2b

XTRA:TLX

€18.0b

XTRA:HNR1

€27.5b

XTRA:MUV2

€56.6b

Price History & Performance

Recent News & Updates

Principal Financial Group, Inc., Annual General Meeting, May 21, 2024

Principal Financial Group, Inc. to Report Q1, 2024 Results on Apr 25, 2024

Upcoming dividend of US$0.69 per share

Fourth quarter dividend of US$0.69 announced

Full year 2023 earnings released: EPS: US$2.60 (vs US$19.16 in FY 2022)

Principal Financial Group, Inc. (NasdaqGS:PFG) announces an Equity Buyback for $1,500 million worth of its shares.

Recent updates

Principal Financial Group, Inc., Annual General Meeting, May 21, 2024

Principal Financial Group, Inc. to Report Q1, 2024 Results on Apr 25, 2024

Upcoming dividend of US$0.69 per share

Fourth quarter dividend of US$0.69 announced

Full year 2023 earnings released: EPS: US$2.60 (vs US$19.16 in FY 2022)

Principal Financial Group, Inc. (NasdaqGS:PFG) announces an Equity Buyback for $1,500 million worth of its shares.

Principal Financial Group, Inc. to Report Q4, 2023 Results on Feb 12, 2024

Upcoming dividend of US$0.67 per share at 3.7% yield

Principal Financial Group Appoints Pablo Sprenger as Executive Vice President and President of Principal Latin America, Effective Nov. 8, 2023

Third quarter 2023 earnings released: EPS: US$5.17 (vs US$5.59 in 3Q 2022)

Principal Financial Group, Inc. Announces Dividend for the Fourth Quarter 2023, Payable on December 20, 2023

Principal Financial Group, Inc. to Report Q3, 2023 Results on Oct 26, 2023

Principal Asset ManagementSM Appoints George Maris as Chief Investment Officer and Global Head of Equities

Upcoming dividend of US$0.65 per share at 3.4% yield

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: US$1.60 (vs US$12.11 in 2Q 2022)

Principal Financial Group, Inc. Announces Quarterly Common Stock Dividend, Payable on September 29, 2023

Principal Financial Group, Inc. to Report Q2, 2023 Results on Jul 27, 2023

Principal Financial Group Launches its First Registered Index-Linked Annuity Solution with Sustainability

Upcoming dividend of US$0.64 per share at 3.6% yield

Michael T. Dan Retires from Service as A Director on the Board of Directors of Principal Financial Group, Inc

First quarter 2023 earnings released: US$0.58 loss per share (vs US$1.45 profit in 1Q 2022)

Upcoming dividend of US$0.64 per share at 3.0% yield

Full year 2022 earnings released: EPS: US$19.16 (vs US$6.36 in FY 2021)

Principal Financial Group Appoints Vivek Agrawal as Chief Growth Officer Effective March 7, 2023

Principal Financial Group, Inc. Declares Dividend for the First Quarter 2023, Payable on March 31, 2023

Now 21% undervalued

Principal Financial Group, Inc. (NasdaqGS:PFG) acquired a 17.65% stake in CCB Pension Management Co., Ltd from China Construction Bank Corporation (SEHK:939) and National Council for Social Security Fund.

Principal Financial Group, Inc. to Report Q4, 2022 Results on Jan 30, 2023

Now 20% undervalued

Upcoming dividend of US$0.64 per share

Third quarter 2022 earnings released: EPS: US$5.59 (vs US$1.34 in 3Q 2021)

Principal Financial Group, Inc. Declares Dividend for the Fourth Quarter of 2022, Payable on December 19, 2022

Principal Financial Names Anthony Shea Treadway as Head of U.S. Insurance Solutions Distribution

Anthony Shea Treadway to Join Principal Financial Group, Inc. as Senior Vice President and Head of U.S. Insurance Solutions Distribution, Effective November 7, 2022

Insider recently sold €1.1m worth of stock

Insider recently sold €192k worth of stock

Upcoming dividend of US$0.64 per share

Insider recently sold €486k worth of stock

Second quarter 2022 earnings released: EPS: US$12.11 (vs US$1.34 in 2Q 2021)

Principal Financial Group, Inc. Announces Quarterly Common Stock Dividend for Third Quarter of 2022, Payable on September 30, 2022

Principal Financial Group Appoints Teresa Hassara as Senior Vice President in Retirement and Income Solutions, Effective August 8, 2022

Principal Financial Group, Inc. Launches New Variable Annuity Buffer Funds to Help Safeguard Investors From Market Volatility

Principal Financial Group, Inc. Announces Management Changes

Insider recently sold €665k worth of stock

Upcoming dividend of US$0.64 per share

Principal Financial Group, Inc. Names H. Elizabeth Mitchell to Board of Directors

First quarter 2022 earnings released: EPS: US$1.45 (vs US$1.89 in 1Q 2021)

Principal Financial Group, Inc. Launches Fintech-Enabled Portfolios for Advisors With 37 New Model Portfolios

Principal Financial Group, Inc., Annual General Meeting, May 17, 2022

Principal Financial Group, Inc. Provides Earnings Guidance for the Year 2022

Upcoming dividend of US$0.64 per share

Principal Financial Group, Inc. Announces Executive Changes

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Principal Financial Group, Inc. Announces Dividend for First Quarter 2022, Payable on March 25, 2022

Principal Financial Group Announces Executive Changes

Principal Financial Group Reportedly in Advanced Talks to Sell Two of Units to Talcott

Principal Financial Reportedly in Advanced Talks to Sell Two Units to Talcott

Upcoming dividend of US$0.64 per share