Keefe, Bruyette & Woods Upgrades Principal Financial Group Inc - Registered Shares (PFG)
Nasdaq Fintel reports that on June 9, 2023, Keefe, Bruyette & Woods upgraded their outlook for Principal Financial Group Inc - Registered Shares (NASDAQ:PFG) from Underperform to Market Perform .
Analyst Price Forecast Suggests 8.97% Upside
As of June 1, 2023, the average one-year price target for Principal Financial Group Inc - Registered Shares is 77.18. The forecasts range from a low of 60.60 to a high of $98.70. The average price target represents an increase of 8.97% from its latest reported closing price of 70.83.
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The projected annual revenue for Principal Financial Group Inc - Registered Shares is 13,777MM, a decrease of 19.97%. The projected annual non-GAAP EPS is 7.13.
Principal Financial Group Inc - Registered Shares Declares $0.64 Dividend
On April 27, 2023 the company declared a regular quarterly dividend of $0.64 per share ($2.56 annualized). Shareholders of record as of June 1, 2023 will receive the payment on June 30, 2023. Previously, the company paid $0.64 per share.