PNC Financial Services Group Inc (NYSE: PNC): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

PNC belongs to the Financial sector of the NYSE while operating in the Banks – Regional industry. The current market capitalization of PNC Financial Services Group Inc is $85.09B. A total of 1.11 million shares were traded on the day, compared to an average of 1.84M shares.

In the most recent transaction, DEMCHAK WILLIAM S bought 1,242 shares of PNC for 216.01 per share on Nov 29 ’24. In a previous transaction on Nov 25 ’24, Juchno Stacy M. sold 2,000 shares at 212.65 per share. PNC shares that Executive Vice President owns now total 17,330.

Among the insiders who sold shares, DEMCHAK WILLIAM S disposed of 1,242 shares on Nov 22 ’24 at a per-share price of $205.98. This resulted in the CEO holding 535,007 shares of PNC after the transaction. In another insider transaction, Juchno Stacy M. bought 2,000 shares at $212.65 per share on Nov 25 ’24.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. PNC Financial Services Group Inc pays an annual dividend of $6.30, resulting in a dividend yield of 2.93%, and it has a price to earnings (P/E) ratio of 18.16. PNC’s most recent ex-dividend date was 10/16/2024 when it declared a $1.60 quarterly dividend that was paid in cash on 11/5/2024. Previously, the company paid the dividend on 8/5/2024 with an ex-dividend date of 7/15/2024. The PNC stock dividend was $1.60 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, PNC has a high of $216.18 and a low of $127.83.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. Its Book Value Per Share was $124.56, while its Total Shareholder’s Equity was $55.73B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PNC is Buy with a score of 4.00.

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