Principal Financial Group (LSE:0KO5) - Stock Price, News & Analysis

0KO5 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

0KO5 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 52% 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 3.36% is not well covered by earnings

Principal Financial Group, Inc. Competitors

Legal & General Group

LSE:LGEN

UK£14.7b

Prudential

LSE:PRU

UK£20.1b

Just Group

LSE:JUST

UK£1.1b

Aviva

LSE:AV.

UK£12.5b

Price History & Performance

Summary of all time highs, changes and price drops for Principal Financial Group
Historical stock prices
Current Share Price	US$81.56
52 Week High	US$86.64
52 Week Low	US$65.49
Beta	1.24
1 Month Change	-3.63%
3 Month Change	1.68%
1 Year Change	12.31%
3 Year Change	30.83%
5 Year Change	53.71%
Change since IPO	8.69%

Recent updates

Shareholder Returns

	0KO5	GB Insurance	GB Market
7D	3.5%	3.6%	2.3%
1Y	12.3%	-11.0%	0.6%

Return vs Industry: 0KO5 exceeded the UK Insurance industry which returned -10.6% over the past year.

Return vs Market: 0KO5 exceeded the UK Market which returned 0.3% over the past year.

Price Volatility

Is 0KO5's price volatile compared to industry and market?
0KO5 volatility
0KO5 Average Weekly Movement	2.6%
Insurance Industry Average Movement	4.1%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	11.3%
10% least volatile stocks in GB Market	2.7%

Stable Share Price: 0KO5 has not had significant price volatility in the past 3 months.

Volatility Over Time: 0KO5'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?
0KO5 fundamental statistics
Market cap	US$19.17b
Earnings (TTM)	US$623.20m
Revenue (TTM)	US$13.67b

31.0x

P/E Ratio

1.4x

P/S Ratio

Is 0KO5 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0KO5 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 25, 2024

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

How did 0KO5 perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

101%

Payout Ratio

0KO5 Stock Overview

Rewards

Risk Analysis

Principal Financial Group, Inc. Competitors

LSE:LGEN

UK£14.7b

LSE:PRU

UK£20.1b

LSE:JUST

UK£1.1b

LSE:AV.

UK£12.5b

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

Full year 2023 earnings released: EPS: US$2.58 (vs US$18.94 in FY 2022)

Fourth quarter dividend of US$0.69 announced

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

Full year 2023 earnings released: EPS: US$2.58 (vs US$18.94 in FY 2022)

Fourth quarter dividend of US$0.69 announced

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

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

Principal Financial Group, Inc. Declarers Dividend for First Quarter 2024, Payable on March 28, 2024

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)

Investor sentiment deteriorates as stock falls 16%

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

Now 21% undervalued after recent price drop

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

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

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 US$1.1m worth of stock

Insider recently sold US$192k worth of stock

Upcoming dividend of US$0.64 per share

Insider recently sold US$495k 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 US$710k 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