Research Analysts Set Expectations for PNC Q1 Earnings

The PNC Financial Services Group, Inc. (NYSE:PNC) – Zacks Research raised their Q1 2027 earnings per share (EPS) estimates for The PNC Financial Services Group in a note issued to investors on Monday, April 7th. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings per share of $4.43 for the quarter, up from their prior forecast of $4.39. The consensus estimate for The PNC Financial Services Group’s current full-year earnings is $15.37 per share. Zacks Research also issued estimates for The PNC Financial Services Group’s FY2027 earnings at $18.04 EPS.

The PNC Financial Services Group (NYSE:PNC) last issued its earnings results on Thursday, January 16th. The financial services provider reported $3.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.26 by $0.51. The PNC Financial Services Group had a return on equity of 11.12% and a net margin of 17.10%. The company had revenue of $5.57 billion for the quarter, compared to the consensus estimate of $5.51 billion. During the same quarter last year, the company earned $3.16 EPS. The firm’s quarterly revenue was up 3.8% on a year-over-year basis.

Other research analysts also recently issued research reports about the stock. Truist Financial dropped their price objective on shares of The PNC Financial Services Group from $216.00 to $208.00 and set a “hold” rating for the company in a report on Friday, April 4th. Citigroup dropped their price target on The PNC Financial Services Group from $235.00 to $200.00 and set a “buy” rating for the company in a research note on Monday, March 24th. Hsbc Global Res raised The PNC Financial Services Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 31st. Morgan Stanley lowered their target price on The PNC Financial Services Group from $188.00 to $179.00 and set an “underweight” rating for the company in a research report on Monday. Finally, Wells Fargo & Company cut their target price on shares of The PNC Financial Services Group from $235.00 to $230.00 and set an “overweight” rating for the company in a report on Friday, March 28th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $203.47.

The PNC Financial Services Group Price Performance

PNC stock opened at $160.10 on Tuesday. The company has a market capitalization of $63.36 billion, a PE ratio of 11.64, a price-to-earnings-growth ratio of 1.55 and a beta of 1.04. The company’s fifty day moving average price is $180.16 and its 200-day moving average price is $190.61. The PNC Financial Services Group has a one year low of $143.52 and a one year high of $216.26. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.81 and a current ratio of 0.81.

The PNC Financial Services Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, May 5th. Stockholders of record on Wednesday, April 16th will be paid a dividend of $1.60 per share. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 4.00%. The PNC Financial Services Group’s dividend payout ratio is 46.55%.

Insider Activity

In related news, CEO William S. Demchak sold 1,242 shares of the business’s stock in a transaction on Friday, January 31st. The stock was sold at an average price of $202.11, for a total transaction of $251,020.62. Following the completion of the transaction, the chief executive officer now owns 522,587 shares in the company, valued at $105,620,058.57. The trade was a 0.24 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last 90 days, insiders have sold 13,061 shares of company stock valued at $2,420,267. 0.41% of the stock is currently owned by insiders.

Institutional Trading of The PNC Financial Services Group

Large investors have recently made changes to their positions in the stock. Winch Advisory Services LLC bought a new stake in The PNC Financial Services Group during the 4th quarter valued at about $25,000. Richardson Financial Services Inc. raised its stake in shares of The PNC Financial Services Group by 2,333.3% during the fourth quarter. Richardson Financial Services Inc. now owns 146 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 140 shares in the last quarter. Albion Financial Group UT bought a new stake in shares of The PNC Financial Services Group during the fourth quarter valued at approximately $30,000. Synergy Asset Management LLC purchased a new stake in shares of The PNC Financial Services Group in the fourth quarter valued at approximately $32,000. Finally, Rialto Wealth Management LLC bought a new position in The PNC Financial Services Group in the fourth quarter worth approximately $32,000. 83.53% of the stock is owned by hedge funds and other institutional investors.

About The PNC Financial Services Group

The PNC Financial Services Group, Inc operates as a diversified financial services company in the United States. It operates through three segments: Retail Banking, Corporate & Institutional Banking, and Asset Management Group segments. The company's Retail Banking segment offers checking, savings, and money market accounts, as well as time deposit; residential mortgages, home equity loans and lines of credit, auto loans, credit cards, education loans, and personal and small business loans and lines of credit; and brokerage, insurance, and investment and cash management services.