About Prudential Financial (NYSE:PRU)
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.
Industry, Sector and Symbol
Industry Life insurance
Sub-IndustryLife & Health Insurance
SectorFinance
SymbolNYSE:PRU
CUSIP74432010
Phone973-802-6000
Debt
Debt-to-Equity Ratio0.35
Current Ratio0.12
Quick Ratio0.12
Price-To-Earnings
Trailing P/E Ratio9.32
Forward P/E Ratio8.11
P/E Growth0.95
Sales & Book Value
Annual Sales$53.65 billion
Price / Sales0.77
Cash Flow$11.5006 per share
Price / Cash8.57
Book Value$128.17 per share
Price / Book0.77
Profitability
EPS (Most Recent Fiscal Year)$10.58
Net Income$7.86 billion
Net Margins13.57%
Return on Equity9.25%
Return on Assets0.58%
Miscellaneous
Employees49,705
Outstanding Shares420,000,000
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 Tuesday, May 8th. Investors of record on Tuesday, May 22nd will be given a dividend of $0.90 per share on Thursday, June 14th. This represents a $3.60 annualized dividend and a yield of 3.65%. The ex-dividend date is Monday, May 21st. View Prudential Financial's Dividend History.
How will Prudential Financial's stock buyback program work?
Prudential Financial announced that its board has authorized a stock repurchase program on Friday, December 15th 2017, which authorizes the company to buyback $1,500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's board believes its shares are undervalued.
How were Prudential Financial's earnings last quarter?
Prudential Financial Inc (NYSE:PRU) posted its quarterly earnings data on Wednesday, May, 2nd. The financial services provider reported $3.08 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $2.98 by $0.10. The financial services provider earned $12.88 billion during the quarter, compared to analyst estimates of $13.68 billion. Prudential Financial had a return on equity of 9.25% and a net margin of 13.57%. During the same period last year, the company earned $2.79 earnings per share. View Prudential Financial's Earnings History.
When is Prudential Financial's next earnings date?
What price target have analysts set for PRU?
14 Wall Street analysts have issued 1 year target prices for Prudential Financial's shares. Their predictions range from $100.00 to $134.00. On average, they expect Prudential Financial's share price to reach $115.0909 in the next year. 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 continues to benefit from growth in asset-based businesses, lower taxes, improved margins in Group Insurance business and solid international operations. It is set to grow on its high performing asset management business, international operations (provides it with better organic growth opportunities than peers) and a deeper reach in the pension risk transfer market. Focus on Protection, Retirement and Investment Management businesses will continue to help Prudential lead the space. A strong balance sheet and an efficient capital management are tailwinds. It expects ROE between 12% and 13% in the near-to-intermediate term. The stock has also seen its estimates move up in the last 60 days. However, exposure to still low interest rates, an unfavorable currency impact and regulatory control remain headwinds. Mounting expenses have been weighing on margin expansion. Shares of Prudential have underperformed the industry year to date." (6/4/2018)
- 2. Wells Fargo & Co analysts commented, "We think PRU shares should react favorably to the beat in the quarter." (5/3/2018)
Who are some of Prudential Financial's key competitors?
Some companies that are related to Prudential Financial include China Life Insurance (LFC), Prudential Public (PUK), AXA (AXAHY), Metlife (MET), Manulife Financial (MFC), Swiss Re (SSREY), AVIVA PLC/ADR (AVVIY), Sun Life Financial (SLF), Legal & General Group (LGEN), HANNOVER RUECK/S (HVRRY), AMP (AMP), OLD Mut PLC/ADR (ODMTY), Lincoln National (LNC), AEGON (AEG) and Torchmark (TMK).
Who are Prudential Financial's key executives?
Prudential Financial's management team includes the folowing people:
- Mr. John Robert Strangfeld Jr., Chairman, CEO & Pres (Age 64)
- Mr. Robert Michael Falzon, Exec. VP & CFO (Age 58)
- Mr. Stephen P. Pelletier, Exec. VP & COO of U.S. Bus.es (Age 64)
- Mr. Charles Frederick Lowrey Jr., Exec. VP & COO of International Bus.es (Age 60)
- Mr. Scott Garrett Sleyster, Sr. VP & Chief Investment Officer (Age 58)
Has Prudential Financial been receiving favorable news coverage?
News headlines about PRU stock have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Prudential Financial earned a media sentiment score of 0.20 on Accern's scale. They also gave news coverage about the financial services provider an impact score of 45.05 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.
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. (7.40%), Massachusetts Financial Services Co. MA (1.48%), Northern Trust Corp (1.22%), LSV Asset Management (0.81%), Dimensional Fund Advisors LP (0.67%) and Schwab Charles Investment Management Inc. (0.65%). Company insiders that own Prudential Financial stock include Barbara Koster, Charles F Lowrey, George Paz, John R Strangfeld Jr, Michael Todman, Nicholas C Silitch, Robert Falzon, Scott Sleyster, Sharon C Taylor, Stephen Pelletier 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 Millennium Management LLC, Natixis, Amundi Pioneer Asset Management Inc., Swiss National Bank, Great West Life Assurance Co. Can, Prudential Financial Inc., Legal & General Group Plc and Northern Trust Corp. Company insiders that have sold Prudential Financial company stock in the last year include Barbara Koster, Charles F Lowrey, John R Strangfeld Jr, Nicholas C Silitch, Stephen Pelletier and Timothy P Harris. View Insider Buying and Selling for Prudential Financial.
Which major investors are buying Prudential Financial stock?
PRU stock was bought by a variety of institutional investors in the last quarter, including Schwab Charles Investment Management Inc., BlackRock Inc., OppenheimerFunds Inc., Capital Growth Management LP, Wells Fargo & Company MN, Mackay Shields LLC, Summit Trail Advisors LLC and British Airways Pensions Investment Management Ltd. Company insiders that have bought Prudential Financial stock in the last two years include George Paz and Michael Todman. 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 $98.56.
How big of a company is Prudential Financial?
Prudential Financial has a market capitalization of $41.40 billion and generates $53.65 billion in revenue each year. The financial services provider earns $7.86 billion in net income (profit) each year or $10.58 on an earnings per share basis. Prudential Financial employs 49,705 workers across the globe.
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 (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.
