NYSE:PRU - Prudential Financial Stock Price, News, & Analysis

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$94.15 +2.47 (+2.69 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$94.15
Today's Range$92.54 - $94.35
52-Week Range$75.61 - $111.18
Volume3.01 million shs
Average Volume2.31 million shs
Market Capitalization$38.88 billion
P/E Ratio8.05
Dividend Yield3.93%
Beta1.41
Prudential Financial, Inc., through its subsidiaries, provides insurance, investment management, and other financial products and services in the United States and internationally. It operates through U.S. Individual Solutions, U.S. Workplace Solutions, Investment Management, and International Insurance divisions. The U.S. Individual Solutions division offers individual variable and fixed annuity products to the mass affluent and affluent markets. It also provides universal, term, variable, and other life insurance products to the mass middle, mass affluent, and affluent markets. The U.S. Workplace Solutions division provides recordkeeping, plan administration, actuarial advisory, tailored participant education and communication, trustee, institutional and retail investment, and brokerage services, as well as institutional investment products to the payout annuity and stable value markets. It also provides group life; long-term and short-term group disability; and group corporate-, bank-, and trust-owned life insurance to institutional clients for employee plans and affinity groups, as well as accidental death, dismemberment, other ancillary coverage, and plan administrative services. The Investment Management division offers asset management services, such as institutional portfolio and retail funds management, private lending and asset securitization, and other structured products for public and private fixed income, public equity, and real estate, as well as commercial mortgage origination and servicing, mutual funds, and other retail services. The International Insurance division provides individual and group life insurance, retirement, and related products, as well as reinsurance products. The company offers its products and services to individual and institutional customers through its proprietary and third-party distribution networks. Prudential Financial, Inc. was founded in 1875 and is headquartered in Newark, New Jersey.

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Industry, Sector and Symbol

Industry Life insurance
Sub-IndustryLife & Health Insurance
SectorFinance
CUSIP74432010
Phone973-802-6000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$58.13 billion
Cash Flow$11.5239 per share
Book Value$118.72 per share

Profitability

Net Income$4.01 billion

Miscellaneous

Employees49,705
Market Cap$38.88 billion
OptionableOptionable

Prudential Financial (NYSE:PRU) Frequently Asked Questions

What is Prudential Financial's stock symbol?

Prudential Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "PRU."

How often does Prudential Financial pay dividends? What is the dividend yield for Prudential Financial?

Prudential Financial declared a quarterly dividend on Wednesday, February 6th. Shareholders of record on Wednesday, February 20th will be paid a dividend of $1.00 per share on Thursday, March 14th. This represents a $4.00 dividend on an annualized basis and a yield of 4.25%. The ex-dividend date of this dividend is Tuesday, February 19th. This is a boost from Prudential Financial's previous quarterly dividend of $0.90. View Prudential Financial's Dividend History.

How will Prudential Financial's stock buyback program work?

Prudential Financial announced that its Board of Directors has approved a share buyback plan on Friday, December 15th 2017, which allows the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's management believes its shares are undervalued.

How were Prudential Financial's earnings last quarter?

Prudential Financial Inc (NYSE:PRU) issued its quarterly earnings data on Wednesday, February, 6th. The financial services provider reported $2.44 EPS for the quarter, missing the Zacks' consensus estimate of $2.88 by $0.44. The financial services provider earned $17.78 billion during the quarter, compared to the consensus estimate of $14.03 billion. Prudential Financial had a net margin of 7.01% and a return on equity of 10.20%. During the same quarter in the prior year, the firm posted $2.69 earnings per share. View Prudential Financial's Earnings History.

When is Prudential Financial's next earnings date?

Prudential Financial is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for Prudential Financial.

What guidance has Prudential Financial issued on next quarter's earnings?

Prudential Financial issued an update on its FY19 earnings guidance on Thursday, December, 6th. The company provided EPS guidance of $12.50-13.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $12.97.

What price target have analysts set for PRU?

12 brokers have issued 1-year price targets for Prudential Financial's stock. Their forecasts range from $85.50 to $130.00. On average, they anticipate Prudential Financial's stock price to reach $113.9583 in the next year. This suggests a possible upside of 21.0% from the stock's current price. View Analyst Price Targets for Prudential Financial.

What is the consensus analysts' recommendation for Prudential Financial?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prudential Financial in the last year. There are currently 3 hold ratings, 8 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Prudential Financial.

What are Wall Street analysts saying about Prudential Financial stock?

Here are some recent quotes from research analysts about Prudential Financial stock:
  • 1. According to Zacks Investment Research, "Prudential’s fourth-quarter EPS missed estimates on weak segmental performances. However, operating earnings and adjusted book value per share increased, leading to a double-digit return on equity. The company returned more than $3 billion in 2018. Prudential continues to gain from growth in asset-based businesses, improved margins in Group Insurance business and solid international operations. High performing asset management business, deeper reach in the pension risk transfer market, strong balance sheet and an efficient capital management are catalysts. It expects 2019 EPS between $12.50 and $13.00 and ROE between 12% and 13% in the near-to-intermediate term. However, exposure to still low interest rates as well as to products like annuities and universal life guarantying low returns remains a woe. Escalating expenses continue to weigh on margin expansion. Shares of Prudential have underperformed the industry in a year’s time." (2/12/2019)
  • 2. Wells Fargo & Co analysts commented, "We are resuming coverage of PRU with a change in analyst, an Outperform rating, and a $105 price target. We see the company as a franchise name among global life insurers, with key strengths highlighted by a dominant market position in the large- case pension risk transfer business, a broad and diversified business mix, and a high-returning Japanese business. Further, we view PRU as undervalued relative to peers following the recent sell-off in shares since the end of September (down 16% for PRU, versus down 13% for peers and down 13% for the S&P 500)." (1/8/2019)

Has Prudential Financial been receiving favorable news coverage?

Headlines about PRU stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Prudential Financial earned a daily sentiment score of -1.0 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Who are some of Prudential Financial's key competitors?

Who are Prudential Financial's key executives?

Prudential Financial's management team includes the folowing people:
  • Mr. Charles Frederick Lowrey Jr., CEO & Director (Age 61)
  • Mr. Stephen P. Pelletier, Exec. VP & COO of U.S. Bus.es (Age 65)
  • Mr. Robert Michael Falzon, Vice Chairman (Age 59)
  • Mr. Kenneth Yutaka Tanji, Exec. VP & CFO (Age 53)
  • Mr. Timothy Lee Schmidt, Sr. VP & Chief Investment Officer

Who are Prudential Financial's major shareholders?

Prudential Financial's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.72%), Oregon Public Employees Retirement Fund (2.89%), Northern Trust Corp (1.25%), Geode Capital Management LLC (1.24%), Massachusetts Financial Services Co. MA (0.94%) and LSV Asset Management (0.86%). Company insiders that own Prudential Financial stock include Barbara Koster, Charles F Lowrey, George Paz, John R Strangfeld Jr, Michael Todman, Nicholas C Silitch, Prudential Financial Inc, Sandra Pianalto, Scott Sleyster, Stephen Pelletier, Thomas J Baltimore, Jr and Timothy P Harris. View Institutional Ownership Trends for Prudential Financial.

Which major investors are selling Prudential Financial stock?

PRU stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Two Sigma Advisers LP, Voloridge Investment Management LLC, Dimensional Fund Advisors LP, AMF Pensionsforsakring AB, Canada Pension Plan Investment Board, Principal Financial Group Inc. and Amundi Pioneer Asset Management Inc.. Company insiders that have sold Prudential Financial company stock in the last year include Scott Sleyster, Stephen Pelletier and Thomas J Baltimore, Jr. View Insider Buying and Selling for Prudential Financial.

Which major investors are buying Prudential Financial stock?

PRU stock was acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Bessemer Group Inc., Alps Advisors Inc., Geode Capital Management LLC, Northern Trust Corp, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Zacks Investment Management and BlackRock Inc.. Company insiders that have bought Prudential Financial stock in the last two years include George Paz, Michael Todman, Prudential Financial Inc, Sandra Pianalto and Thomas J Baltimore, Jr. View Insider Buying and Selling for Prudential Financial.

How do I buy shares of Prudential Financial?

Shares of PRU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Prudential Financial's stock price today?

One share of PRU stock can currently be purchased for approximately $94.15.

How big of a company is Prudential Financial?

Prudential Financial has a market capitalization of $38.88 billion and generates $58.13 billion in revenue each year. The financial services provider earns $4.01 billion in net income (profit) each year or $11.69 on an earnings per share basis. Prudential Financial employs 49,705 workers across the globe.

What is Prudential Financial's official website?

The official website for Prudential Financial is http://www.prudential.com.

How can I contact Prudential Financial?

Prudential Financial's mailing address is 751 BROAD ST, NEWARK NJ, 07102. The financial services provider can be reached via phone at 973-802-6000 or via email at [email protected]


MarketBeat Community Rating for Prudential Financial (NYSE PRU)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  730 (Vote Outperform)
Underperform Votes:  557 (Vote Underperform)
Total Votes:  1,287
MarketBeat's community ratings are surveys of what our community members think about Prudential Financial and other stocks. Vote "Outperform" if you believe PRU will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PRU will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/16/2019 by MarketBeat.com Staff

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