PNC Financial Services Group Shares of PNC Financial Services Group ( PNC) of Pittsburgh closed at $58.07 Friday, returning 2% year-to-date, after declining 3% last year.
Based on a quarterly payout of 35 cents, the shares have a dividend yield of 2.41%. The shares trade for 1.3 times tangible book value, and for eight times the consensus 2013 earnings estimate of $6.87. The consensus 2013 EPS estimate is $6.20. Miller on Monday lowered his "FY12 GAAP and operating EPS estimates to $6.39 and $6.73 from $6.65 and $7.00, respectively, to reflect a decreased net interest margin expectation." The analyst also cut his 2013 GAAP and operating EPS estimate to $7.06 from $7.40. Miller left his price target for PNC unchanged at $68.00. Interested in more on PNC Financial Services Group? See TheStreet Ratings' report card for this stock.