Prudential Financial, Inc, through its subsidiaries, provides insurance, investment management, and other financial products and services. It operates through PGIM, U.S. Workplace Solutions, U.S. Individual Solutions, and International Insurance divisions. The PGIM division offers an array of asset management and advisory services related to public and private fixed income, public equity and real estate, commercial mortgage origination and servicing, and mutual funds and other retail services to institutional, private, and sub-advisory clients, as well as to insurance company separate accounts, government sponsored entities, and the general account.
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Industry, Sector and Symbol
Industry Life insurance
Sub-IndustryLife & Health Insurance
SectorFinance
Phone973-802-6000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$58.13 billion
Profitability
Miscellaneous
Employees50,492
Next Earnings Date11/6/2019 (Estimated)
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 announced a quarterly dividend on Tuesday, August 6th. Shareholders of record on Tuesday, August 20th will be given a dividend of $1.00 per share on Thursday, September 12th. This represents a $4.00 annualized dividend and a yield of 4.88%. The ex-dividend date is Monday, August 19th. View Prudential Financial's Dividend History.
How will Prudential Financial's stock buyback program work?
Prudential Financial declared that its board has authorized a stock repurchase plan on Friday, December 15th 2017, which allows the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's leadership believes its stock is undervalued.
How were Prudential Financial's earnings last quarter?
Prudential Financial Inc (NYSE:PRU) posted its earnings results on Wednesday, July, 31st. The financial services provider reported $3.14 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $3.22 by $0.08. The financial services provider had revenue of $14.11 billion for the quarter, compared to the consensus estimate of $13.63 billion. Prudential Financial had a net margin of 6.92% and a return on equity of 9.24%. During the same quarter in the previous year, the company posted $3.01 EPS. View Prudential Financial's Earnings History.
When is Prudential Financial's next earnings date?
What price target have analysts set for PRU?
12 brokers have issued 1-year price targets for Prudential Financial's stock. Their predictions range from $85.50 to $120.00. On average, they anticipate Prudential Financial's stock price to reach $104.95 in the next year. This suggests a possible upside of 27.9% 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 7 hold ratings, 4 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 shares have outperformed the industry year to date. It continues to gain from 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 ROE between 12% and 14%, adjusted EPS growth in high single digit, and mid-to- high single digit earnings growth across PGIM, International and U.S. Financial Wellness in the intermediate term. However, exposure to low interest rates as well as to products like annuities and universal life, which yield low returns, remains a concern. Escalating expenses continue to weigh on margin expansion. Prudential’s second-quarter EPS lagged estimates on softness in U.S. Individual Solutions." (8/12/2019)
- 2. Wells Fargo & Co analysts commented, "We are maintaining our $115 price target. We expect shares to be largely unchanged following the investor day." (6/6/2019)
Has Prudential Financial been receiving favorable news coverage?
Media stories about PRU stock have trended negative recently, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Prudential Financial earned a coverage optimism score of -2.3 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Prudential Financial.
Who are some of Prudential Financial's key competitors?
Some companies that are related to Prudential Financial include China Life Insurance (LFC), AXA (AXAHY), Prudential Public (PUK), Metlife (MET), SWISS RE LTD/S (SSREY), Manulife Financial (MFC), Sun Life Financial (SLF), HANNOVER RUECK/S (HVRRY), AVIVA PLC/ADR (AVVIY), Legal & General Group (LGEN), AEGON (AEG), Lincoln National (LNC), SONY FINL HOLDI/ADR (SNYFY), Torchmark (TMK) and Reinsurance Group of America (RGA).
What other stocks do shareholders of Prudential Financial own?
Who are Prudential Financial's key executives?
Prudential Financial's management team includes the folowing people:
- Mr. Charles Frederick Lowrey Jr., Chairman, CEO & Pres (Age 61)
- Mr. Mark Brown Grier, Vice Chairman (Age 66)
- Mr. Kenneth Yutaka Tanji, Exec. VP & CFO (Age 53)
- Mr. Stephen P. Pelletier, Exec. VP & COO of U.S. Bus.es (Age 65)
- Mr. Robert Michael Falzon CFA, Vice Chairman (Age 59)
Who are Prudential Financial's major shareholders?
Prudential Financial's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.12%), BlackRock Inc. (7.81%), Northern Trust Corp (1.29%), Invesco Ltd. (0.95%), LSV Asset Management (0.88%) and Nuveen Asset Management LLC (0.81%). Company insiders that own Prudential Financial stock include Barbara Koster, Charles F Lowrey, 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 institutional investors are selling Prudential Financial stock?
PRU stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Amundi Pioneer Asset Management Inc., Bank of Montreal Can, AQR Capital Management LLC, Panagora Asset Management Inc., UBS Asset Management Americas Inc., California Public Employees Retirement System and Toronto Dominion Bank. Company insiders that have sold Prudential Financial company stock in the last year include Nicholas C Silitch, Scott Sleyster, Stephen Pelletier and Thomas J Baltimore, Jr. View Insider Buying and Selling for Prudential Financial.
Which institutional investors are buying Prudential Financial stock?
PRU stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, BlackRock Inc., Invesco Ltd., Vanguard Group Inc., Renaissance Technologies LLC, Royal Bank of Canada, Morgan Stanley and Alberta Investment Management Corp. Company insiders that have bought Prudential Financial stock in the last two years include 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 $82.03.
How big of a company is Prudential Financial?
Prudential Financial has a market capitalization of $32.98 billion and generates $58.13 billion in revenue each year. The financial services provider earns $4.07 billion in net income (profit) each year or $11.69 on an earnings per share basis. Prudential Financial employs 50,492 workers across the globe.View Additional Information About Prudential Financial.
What is Prudential Financial's official website?
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)
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.
