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How to Buy Principal Financial Group Stock

Principal Financial Group Inc

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

Principal Financial Group stock last closed at $86.07, up 1.87% from the previous day, and has increased 19% in one year. It has underperformed other stocks in the Asset Management industry by 0.06 percentage points. Principal Financial Group stock is currently +32.08% from its 52-week low of $65.17, and -0.01% from its 52-week high of $86.08.

There are currently 235.87M shares of PFG outstanding. The market capitalization of PFG is $20.30B. In the past 24 hours, 832,151 PFG shares were traded.

How to Buy Principal Financial Group Stock

Not sure how to invest in Principal Financial Group stock? Here's how.
  1. Decide where to buy Principal Financial Group stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Principal Financial Group stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Put funds into your brokerage account: Pick your method of payment and add your details.
  4. Evaluate Principal Financial Group stock: The Principal Financial Group ticker symbol is PFG. Is Principal Financial Group stock a good investment? Should you buy shares of PFG? How do PFG's underlying business fundamentals look? Do top analysts think Principal Financial Group is a good buy? Why has PFG's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if PFG is a good stock to buy).
  5. Make your PFG trade: Decide if you will purchase PFG shares at the current market price or use a limit order to purchase PFG shares at a particular price.
  6. Watch your PFG investment: Create a watchlist to monitor your investment in Principal Financial Group shares.

Step 1: Decide where to buy Principal Financial Group stock

You will need an online brokerage account to access the NASDAQ market and buy PFG shares.

A brokerage account allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've chosen the right brokerage, the next step is to fill out some personal info so you can buy PFG stock today.

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  1. Send your application by hitting the "Create Account" button.
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Step 3: Put funds into your brokerage account

Now that you have created your account on the best stock trading app for beginners, your next step is to transfer the money for your investment:

Watch the video below if you need help depositing money into your brokerage account.

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Step 4: Evaluate Principal Financial Group stock

After you have decided on the best place to buy Principal Financial Group stock, it's crucial to analyze their stock before you buy, so you can wrap your head around the risk as well as the opportunity.

Principal Financial Group shares data

PFG Price
$86.07
1w %
2.45%
1y %
19%
5y %
72.45%
P/E
33.36x
P/B
1.86x
P/S
1.49x
PEG
0.67x
Revenue
$13.67B
Earnings
$623.20M
Fore. Rev. Growth
8.45%
Fore. Earn. Growth
49.96%
Market Cap
$20.30B
Next Earnings
Apr 26, 2024
Next Dividend
Mar 28, 2024

PFG Zen Score

WallStreetZen was built to help part-time investors perform more accurate fundamental analysis quickly.

You can view all of the due diligence checks on PFG's stock page.

Is PFG stock properly valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PFG's intrinsic value.

Using relative valuations methods:

  • PFG could be overvalued based on its P/E ratio of 33.36x, relative to Asset Management industry P/E ratio of 32.02x
  • PFG may be undervalued based on its P/B ratio of 1.86x, relative to Asset Management industry P/B ratio of 2.45x
  • PFG could be undervalued based on its PEG ratio of 0.67x

You can do more valuation research on PFG's stock here.

Is PFG a healthy company?

Positive Financial Indicators:

  • PFG's operating cash flow of $3.79B allows it to safely service it's debt of $3.99B.
  • PFG earnings of $691.90M is not enough to cover its interest payments.

Negative Financial Indicators:

  • Total PFG debt is higher than 5 years ago, relative to shareholder equity.
  • PFG has a relatively high debt to equity ratio of 26.92.
  • PFG profit margin has gone down from 27.1% to 4.6% in the past year.

Do analysts think it's a good time to buy Principal Financial Group stock

Out of 10 Wall Street analysts who give recommendations on PFG, the consensus analyst rating on Principal Financial Group is a Sell

It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.

Latest PFG Analyst Upgrades/Downgrades

John Barnidge, a top 9% analyst from Piper Sandler maintains PFG with a hold rating and lowers their PFG price target from $80.00 to $74.00, on Oct 30, 2023.

Michael Ward, a top 4% analyst from Citigroup maintains PFG with a strong sell rating and lowers their PFG price target from $64.00 to $62.00, on Oct 24, 2023.

James Carmichael, a top 48% analyst from Wells Fargo maintains PFG with a hold rating and lowers their PFG price target from $78.00 to $72.00, on Oct 17, 2023.

Tracy Benguigui, a top 25% analyst from Barclays maintains PFG with a hold rating and lowers their PFG price target from $76.00 to $75.00, on Oct 10, 2023.

Jimmy Bhullar, a top 29% analyst from JP Morgan maintains PFG with a strong sell rating and lowers their PFG price target from $87.00 to $85.00, on Oct 6, 2023.

You can dive deeper into what analysts are saying on the Principal Financial Group stock forecast page.

PFG Trading Indicators

SMA10
83.54
SMA20
81.97
SMA50
80.34
SMA100
77.84
SMA200
76.46
MACD
1.38
MACD Signal
1
MACD Histogram
0.38
RSI
73.1
Stochastic %K
93.77
Stochastic %D
88.81
StochRSI %K
87.94
StochRSI %D
82.19

PFG Growth Metrics

Last year, PFG earnings were $623.20M. Over the past five year, PFG's earnings have gone up by -13.76% per year. This was slower than the Asset Management industry average of 7.13%.

Last year, PFG revenue was $13.67B. In the last five year, PFG's revenue has increased by -0.82% per year. This was slower than the Asset Management industry average of 20.13%.

Find out more about PFG's earnings and revenue performance here.

Who is buying/selling PFG?

Over the last year, insiders at PFG have sold more shares than they have bought.

Kathleen B. Kay, EVP-Chief Information Officer of PFG, was the latest PFG insider to sell. They sold $129,503.01 worth of PFG stock on Mar 5, 2024.

Learn more about who owns PFG stock here.

Does PFG stock generate passive income?

Principal Financial Group pays a dividend of 3.08%, compared to the Asset Management industry's average dividend yield of 6.91%. If you owned $1,000 worth of PFG stock, you would have received $30.79 in the past year.

Principal Financial Group dividend payments have consistently grown over the past decade but have not remained stable.

Find more analysis about Principal Financial Group dividend yield and history here.

What others are saying about PFG

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Make your PFG trade

There are two primary options:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at an exact price limit, use a limit order.

Click the Open button and your broker will execute your order.

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Step 6: Watch your PFG investment

Now that you own some shares in PFG, you'll want to stay up-to-date on your new investment.

Add PFG to a watchlist to keep track of your PFG stock.

PFG Feed

How to Buy Stock in Principal Financial Group

To reiterate, here are the 6 steps to buy Principal Financial Group stock:

  1. Decide where to buy Principal Financial Group stock
  2. Sign up for your brokerage account
  3. Put funds into your brokerage account
  4. Evaluate Principal Financial Group stock
  5. Make your PFG trade
  6. Watch your PFG investment

If you need a place to buy stocks, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest news on your new investment in Principal Financial Group, hit the button below to create your watchlist.

NASDAQ: PFG
$86.07+1.58 (+1.87%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: PFG
$86.07+1.58 (+1.87%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Principal Financial Group share?

As of Mar 27, 2024, it costs $86.07 to buy one share of Principal Financial Group stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.116 shares of PFG.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Principal Financial Group stock?

According to 10 Wall Street analysts who monitor Principal Financial Group, their consensus recommendation is to sell Principal Financial Group stock.

What is the best way to buy Principal Financial Group stock?

One way to place an order for Principal Financial Group stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.