Principal Financial Group Future Growth

Future criteria checks 1/6

Principal Financial Group is forecast to grow earnings and revenue by 13.1% and 5.4% per annum respectively. EPS is expected to grow by 16.1% per annum. Return on equity is forecast to be 13.7% in 3 years.

Key information

13.1%

Earnings growth rate

16.1%

EPS growth rate

Insurance earnings growth	8.9%
Revenue growth rate	5.4%
Future return on equity	13.7%
Analyst coverage	Good
Last updated	29 Aug 2024

Recent future growth updates

Recent updates

Principal Financial Group (NASDAQ:PFG) Is Paying Out A Larger Dividend Than Last Year

Aug 21

Principal Financial: Capital Pressures Now Reflected In Valuation (Upgrade)

Aug 13

Principal Financial Group (NASDAQ:PFG) Is Paying Out A Larger Dividend Than Last Year

Jul 30

Market Cool On Principal Financial Group, Inc.'s (NASDAQ:PFG) Earnings

Jul 21

Principal Financial Group (NASDAQ:PFG) Is Increasing Its Dividend To $0.71

May 07

Principal Financial: Asset Management Headwinds Make Shares Less Attractive (Rating Downgrade)

Apr 09

Principal Financial Group's (NASDAQ:PFG) Upcoming Dividend Will Be Larger Than Last Year's

Feb 19

Principal Financial Group: An Expensive Insurance Company With Limited Near-Term Upside

Jan 26

Principal Financial Group, Inc.'s (NASDAQ:PFG) Low P/E No Reason For Excitement

Dec 20

Principal Financial Group (NASDAQ:PFG) Will Pay A Larger Dividend Than Last Year At $0.67

Nov 23

Principal Financial Group (NASDAQ:PFG) Is Increasing Its Dividend To $0.67

Oct 31

Principal Financial Group's (NASDAQ:PFG) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 01

Is Now The Time To Put Principal Financial Group (NASDAQ:PFG) On Your Watchlist?

Jun 30

Principal Financial Group (NASDAQ:PFG) Will Pay A Dividend Of $0.64

May 25

Principal Financial Group (NASDAQ:PFG) Has Announced A Dividend Of $0.64

May 02

Here's Why Principal Financial Group (NASDAQ:PFG) Has Caught The Eye Of Investors

Feb 25

Principal Financial Group (NASDAQ:PFG) Has Announced A Dividend Of $0.64

Feb 07

With EPS Growth And More, Principal Financial Group (NASDAQ:PFG) Makes An Interesting Case

Nov 22

Principal Financial Group (NASDAQ:PFG) Will Pay A Dividend Of $0.64

Nov 01

Principal Financial Group rebrands investment unit as Principal Asset Management

Oct 10

Principal Financial Group cut to Neutral at Credit Suisse on valuation

Aug 18

Why It Isn't Time To Go Back To Principal Financial Group

Aug 11

Principal Financial Group (NASDAQ:PFG) Ticks All The Boxes When It Comes To Earnings Growth

Aug 11

Earnings and Revenue Growth Forecasts

NasdaqGS:PFG - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	17,844	1,992	N/A	N/A	4
12/31/2025	16,795	1,852	1,550	N/A	6
12/31/2024	15,883	1,768	N/A	N/A	6
6/30/2024	15,654	1,260	3,926	4,011	N/A
3/31/2024	14,900	1,296	3,594	3,681	N/A
12/31/2023	13,666	623	3,690	3,792	N/A
9/30/2023	14,081	1,533	3,908	4,012	N/A
6/30/2023	14,152	1,548	4,015	4,132	N/A
3/31/2023	17,260	4,278	3,714	3,837	N/A
12/31/2022	17,536	4,757	3,057	3,173	N/A
9/30/2022	18,476	5,245	3,050	3,157	N/A
6/30/2022	17,275	4,289	2,824	2,960	N/A
3/31/2022	14,150	1,534	3,013	3,145	N/A
12/31/2021	14,428	1,580	3,125	3,254	N/A
9/30/2021	13,937	1,711	2,600	2,735	N/A
6/30/2021	13,824	1,588	2,718	2,826	N/A
3/31/2021	13,399	1,622	2,177	2,290	N/A
12/31/2020	14,742	1,396	3,601	3,709	N/A
9/30/2020	15,024	1,224	4,022	4,139	N/A
6/30/2020	16,172	1,265	4,748	4,861	N/A
3/31/2020	17,030	1,253	5,785	5,906	N/A
12/31/2019	16,222	1,394	5,361	5,493	N/A
9/30/2019	15,946	1,330	5,790	5,907	N/A
6/30/2019	15,835	1,509	6,083	6,197	N/A
3/31/2019	15,098	1,579	5,491	5,586	N/A
12/31/2018	14,237	1,547	5,064	5,157	N/A
9/30/2018	13,704	2,152	4,168	4,273	N/A
6/30/2018	13,984	2,506	3,893	3,997	N/A
3/31/2018	13,927	2,359	N/A	4,412	N/A
12/31/2017	14,093	2,310	N/A	4,188	N/A
9/30/2017	14,369	1,787	N/A	4,559	N/A
6/30/2017	12,560	1,285	N/A	3,561	N/A
3/31/2017	12,407	1,297	N/A	3,485	N/A
12/31/2016	12,394	1,317	N/A	3,858	N/A
9/30/2016	11,687	1,252	N/A	3,981	N/A
6/30/2016	12,110	1,244	N/A	4,385	N/A
3/31/2016	12,344	1,163	N/A	4,642	N/A
12/31/2015	11,964	1,209	N/A	4,377	N/A
9/30/2015	12,065	1,226	N/A	4,228	N/A
6/30/2015	11,309	1,156	N/A	3,843	N/A
3/31/2015	10,656	1,222	N/A	3,143	N/A
12/31/2014	10,478	1,091	N/A	3,103	N/A
9/30/2014	10,242	1,054	N/A	3,021	N/A
6/30/2014	9,998	1,070	N/A	2,815	N/A
3/31/2014	9,601	985	N/A	2,217	N/A
12/31/2013	9,290	880	N/A	2,221	N/A
9/30/2013	8,913	861	N/A	2,105	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PFG's forecast earnings growth (13.1% per year) is above the savings rate (2.5%).

Earnings vs Market: PFG's earnings (13.1% per year) are forecast to grow slower than the US market (15.2% per year).

High Growth Earnings: PFG's earnings are forecast to grow, but not significantly.

Revenue vs Market: PFG's revenue (5.4% per year) is forecast to grow slower than the US market (8.8% per year).

High Growth Revenue: PFG's revenue (5.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PFG's Return on Equity is forecast to be low in 3 years time (13.7%).

Principal Financial Group Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 90%

Consensus EPS estimates fall by 15%, revenue upgraded

Consensus forecasts updated

Consensus EPS estimates increase by 26%

Consensus forecasts updated

Consensus forecasts updated

Recent updates

President of Benefits & Protection notifies of intention to sell stock

Upcoming dividend of US$0.72 per share

Principal Financial Group, Inc. Announces Chief Financial Officer Changes

Principal Financial Group (NASDAQ:PFG) Is Paying Out A Larger Dividend Than Last Year

Principal Financial Group, Inc. Announces Chief Financial Officer Changes

Principal Financial: Capital Pressures Now Reflected In Valuation (Upgrade)

Insufficient new directors

Principal Financial Group (NASDAQ:PFG) Is Paying Out A Larger Dividend Than Last Year

Second quarter dividend of US$0.72 announced

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Principal Financial Group, Inc. Raises Dividend for the Third Quarter 2024, Payable on September 27, 2024

Market Cool On Principal Financial Group, Inc.'s (NASDAQ:PFG) Earnings

Principal Financial Group, Inc. Adds New Annuity with Guaranteed Lifetime Income Option

Principal Financial Group, Inc. to Report Q2, 2024 Results on Jul 25, 2024

Upcoming dividend of US$0.71 per share

Principal Financial Group, Inc. (NasdaqGS:PFG) signed a definitive agreement to acquire ESOP Recordkeeping Business of Ascensus, LLC.

Principal Financial Group (NASDAQ:PFG) Is Increasing Its Dividend To $0.71

First quarter dividend of US$0.71 announced

Principal Financial Group, Inc. Raises Second Quarter 2024, Payable on June 27, 2024

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

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

Principal Financial: Asset Management Headwinds Make Shares Less Attractive (Rating Downgrade)

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

Upcoming dividend of US$0.69 per share

Principal Financial Group's (NASDAQ:PFG) Upcoming Dividend Will Be Larger Than Last Year's

Fourth quarter dividend of US$0.69 announced

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

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

Principal Financial Group: An Expensive Insurance Company With Limited Near-Term Upside

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

Principal Financial Group, Inc.'s (NASDAQ:PFG) Low P/E No Reason For Excitement

Principal Financial Group (NASDAQ:PFG) Will Pay A Larger Dividend Than Last Year At $0.67

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: EPS exceeds analyst expectations while revenues lag behind

Principal Financial Group (NASDAQ:PFG) Is Increasing Its Dividend To $0.67

Consensus EPS estimates increase by 90%

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

Principal Financial Group's (NASDAQ:PFG) Shareholders Will Receive A Bigger Dividend Than Last Year

New minor risk - Profit margin trend

Second quarter 2023 earnings: EPS misses analyst expectations

Now 22% undervalued

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

Is Now The Time To Put Principal Financial Group (NASDAQ:PFG) On Your Watchlist?

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

Principal Financial Group (NASDAQ:PFG) Will Pay A Dividend Of $0.64

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

Consensus EPS estimates fall by 15%, revenue upgraded

Principal Financial Group (NASDAQ:PFG) Has Announced A Dividend Of $0.64

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Now 20% undervalued after recent price drop

Insider notifies of intention to sell stock

Insider notifies of intention to sell stock

Investor sentiment deteriorates as stock falls 16%

Now 24% undervalued after recent price drop

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

Here's Why Principal Financial Group (NASDAQ:PFG) Has Caught The Eye Of Investors

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

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

Principal Financial Group (NASDAQ:PFG) Has Announced A Dividend Of $0.64

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

Consensus forecasts updated

Insider notifies of intention to sell stock

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.