About Prudential Financial (NYSE:PRU)
Prudential Financial, Inc., is a financial services company. The Company, through its subsidiaries, offers a range of financial products and services, which includes life insurance, annuities, retirement-related services, mutual funds and investment management. The Company's operations consists of four divisions, which together encompass seven segments. The U.S. Retirement Solutions and Investment Management division consists of Individual Annuities, Retirement and Asset Management segments. The U.S. Individual Life and Group Insurance division consists of Individual Life and Group Insurance segments. The International Insurance division consists of International Insurance segment. The Closed Block division consists of Closed Block segment. The Company has operations in the United States, Asia, Europe and Latin America.
Industry, Sector and Symbol
Industry Life & Health Insurance
Sub-IndustryLife & Health Insurance
Trailing P/E Ratio9.656
Forward P/E Ratio9.01
Sales & Book Value
Annual Sales$53.65 billion
Price / Sales0.85
Cash Flow$10.22 per share
Price / Cash10.63
Book Value$128.78 per share
Price / Book0.84
Net Income$7.93 billion
Return on Equity9.29%
Return on Assets0.57%
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 7th. Investors of record on Wednesday, February 21st will be paid a dividend of $0.90 per share on Thursday, March 15th. This represents a $3.60 annualized dividend and a yield of 3.31%. The ex-dividend date is Tuesday, February 20th. This is a positive change from Prudential Financial's previous quarterly dividend of $0.75. 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 permits the company to repurchase $1,500,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's management believes its stock is undervalued.
How were Prudential Financial's earnings last quarter?
Prudential Financial Inc (NYSE:PRU) issued its quarterly earnings data on Wednesday, February, 7th. The financial services provider reported $2.69 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.64 by $0.05. The financial services provider had revenue of $15.25 billion for the quarter, compared to the consensus estimate of $12.87 billion. Prudential Financial had a return on equity of 9.29% and a net margin of 13.41%. During the same period last year, the firm earned $2.46 earnings per share. View Prudential Financial's Earnings History.
When will Prudential Financial make its next earnings announcement?
What guidance has Prudential Financial issued on next quarter's earnings?
Prudential Financial updated its FY18 earnings guidance on Thursday, December, 14th. The company provided earnings per share guidance of $11.20-11.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $11.37.
Where is Prudential Financial's stock going? Where will Prudential Financial's stock price be in 2018?
13 brokers have issued twelve-month price targets for Prudential Financial's stock. Their predictions range from $100.00 to $134.00. On average, they expect Prudential Financial's stock price to reach $117.91 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. Wells Fargo & Co analysts commented, "We expect topics of discussion to include the recent tax reform and the company’s designation as a systemically important non-bank financial institution, which is apparently up for review. We also expect to hear PRU’s thoughts on the National Association of Insurance Commissioners (NAIC) variable annuity working group and any associated impact on the conditional tail expectation (CTE) calculation." (2/7/2018)
- 2. According to Zacks Investment Research, "Shares of Prudential have outperformed the industry in a year's time. Also, the company saw its 2018 estimates move north in the last 60 days. Prudential is set to grow on its high performing asset management business, international operations and deeper reach in the pension risk transfer market. It strives to build leadership position in the pension risk transfer market. Expanded international presence provides it with better organic growth opportunities than peers. Focus on Protection, Retirement and Investment Management businesses will continue to help Prudential maintain leadership position. Also, a strong balance sheet and efficient capital management are tailwinds. For 2018, earnings per share are estimated in $11.20 - $11.70 range. It expects ROE between 12% and 13% in the near to intermediate term. However, exposure to still low interest rates, unfavorable currency impact and regulatory control remain headwinds." (1/8/2018)
Who are some of Prudential Financial's key competitors?
Some companies that are related to Prudential Financial include Prudential Public (PUK), Metlife (MET), Manulife Financial (MFC), AFLAC (AFL), Sun Life Financial (SLF), Aviva (AV), Principal Financial Group (PFG), Lincoln National (LNC), AEGON (AEG), Unum Group (UNM), Athene (ATH), Voya Financial (VOYA), Protective Life (PL), CNO Financial Group (CNO), Phoenix Group (PHNX), Just Group (JUST), GWG (GWGH) and Friends Life Group (FLG).
Who are Prudential Financial's key executives?
Prudential Financial's management team includes the folowing people:
- John R. Strangfeld Jr., Chairman of the Board, President, Chief Executive Officer (Age 63)
- Mark B. Grier, Vice Chairman of the Board (Age 64)
- Robert M. Falzon, Chief Financial Officer, Executive Vice President (Age 57)
- Charles F. Lowrey, Executive Vice President, Chief Operating Officer - International Businesses (Age 59)
- Lucien Alziari, Chief Human Resource Officer, Senior Vice President
- Timothy Patrick Harris, Executive Vice President, General Counsel (Age 56)
- Stephen Pelletier, Executive Vice President, Chief Operating Officer - U.S. Businesses (Age 63)
- Scott G. Sleyster, Senior Vice President, Chief Investment Officer (Age 57)
- Barbara G. Koster, Senior Vice President, Chief Information Officer (Age 62)
- Nicholas C. Silitch, Senior Vice President, Chief Risk Officer (Age 55)
Who owns Prudential Financial stock?
Prudential Financial's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.07%), Bank of New York Mellon Corp (1.18%), Geode Capital Management LLC (1.05%), LSV Asset Management (0.78%), Nippon Life Insurance Co. (0.60%) and APG Asset Management N.V. (0.47%). 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.
Who sold Prudential Financial stock? Who is selling Prudential Financial stock?
Prudential Financial's stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Credit Agricole S A, APG Asset Management N.V., Arrowstreet Capital Limited Partnership, Capital Growth Management LP, PGGM Investments, Bank of New York Mellon Corp and Standard Life Aberdeen plc. 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.
Who bought Prudential Financial stock? Who is buying Prudential Financial stock?
Prudential Financial's stock was purchased by a variety of institutional investors in the last quarter, including Amundi Pioneer Asset Management Inc., Two Sigma Advisers LP, Two Sigma Investments LP, Millennium Management LLC, Renaissance Technologies LLC, Teacher Retirement System of Texas, Cornerstone Capital Management Holdings LLC. and Thrivent Financial For Lutherans. 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 Prudential Financial stock?
Shares of Prudential Financial 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 Prudential Financial stock can currently be purchased for approximately $108.63.
How big of a company is Prudential Financial?
Prudential Financial has a market capitalization of $45.84 billion and generates $53.65 billion in revenue each year. The financial services provider earns $7.93 billion in net income (profit) each year or $11.25 on an earnings per share basis. Prudential Financial employs 49,739 workers across the globe.
How can I contact Prudential Financial?
Prudential Financial's mailing address is 751 BROAD ST, NEWARK, NJ 07102-3714, United States. The financial services provider can be reached via phone at +1-973-8026000 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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Prudential Financial (NYSE:PRU) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Hold|
|Consensus Rating Score: ||2.62||2.57||2.57||2.46|
|Ratings Breakdown: ||0 Sell Rating(s)|
5 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
6 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
6 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
7 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$117.91||$119.08||$116.36||$111.18|
|Price Target Upside: ||11.19% upside||2.00% downside||5.10% upside||5.20% upside|
Prudential Financial (NYSE:PRU) Consensus Price Target History
Prudential Financial (NYSE:PRU) Analyst Ratings History
(Data available from 2/21/2016 forward)
Prudential Financial (NYSE:PRU) Earnings History and Estimates Chart
Prudential Financial (NYSE PRU) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/7/2018||Q4 2017||$2.64||$2.69||$12.87 billion||$15.25 billion||View||N/A|
|11/1/2017||Q3 2017||$2.71||$3.01||$12.24 billion||$13.36 billion||View||N/A|
|8/2/2017||Q2 2017||$2.70||$2.09||$12.45 billion||$13.03 billion||View||Listen|
|5/3/2017||Q1 2017||$2.64||$2.79||$12.75 billion||$13.24 billion||View||Listen|
|2/8/2017||Q416||$2.32||$2.46||$12.09 billion||$13.42 billion||View||Listen|
|11/2/2016||Q316||$2.49||$2.66||$11.52 billion||$13.38 billion||View||Listen|
|8/3/2016||Q216||$2.51||$1.84||$11.53 billion||$13.01 billion||View||Listen|
|5/4/2016||Q116||$2.37||$2.18||$11.19 billion||$11.93 billion||View||Listen|
|2/10/2016||Q415||$2.30||$1.94||$11.54 billion||$13.25 billion||View||Listen|
|11/4/2015||Q315||$2.42||$2.40||$11.33 billion||$11.08 billion||View||Listen|
|8/5/2015||Q215||$2.47||$2.91||$11.24 billion||$12.50 billion||View||Listen|
|5/6/2015||Q115||$2.39||$2.79||$11.16 billion||$11.81 billion||View||Listen|
|2/4/2015||Q414||$2.37||$2.12||$12.31 billion||$15.83 billion||View||Listen|
|11/5/2014||Q3||$2.41||$2.20||$11.40 billion||$11.77 billion||View||Listen|
|8/6/2014||Q214||$2.35||$2.49||$11.12 million||$11.11 billion||View||Listen|
|5/7/2014||Q114||$2.26||$2.40||$11.72 billion||$10.94 billion||View||Listen|
|2/6/2014||Q413||$2.18||$2.20||$11.99 billion||$10.98 billion||View||Listen|
|11/7/2013||Q313||$2.10||$2.94||$12.65 billion||$10.82 billion||View||Listen|
|8/7/2013||Q2 2013||$1.98||$2.30||$12.23 billion||$11.72 billion||View||Listen|
|5/1/2013||Q1 2013||$1.88||$2.28||$12.67 billion||$11.83 billion||View||Listen|
|2/6/2013||Q1 2013||$1.74||$1.69||$12.86 billion||View||Listen|
|11/7/2012||Q312||$1.67||$1.53||$10.91 billion||$13.25 billion||View||N/A|
Prudential Financial (NYSE:PRU) Earnings Estimates
2018 EPS Consensus Estimate: $12.08
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Prudential Financial (NYSE:PRU) Dividend Information
|Dividend Growth:||11.40% (3 Year Average)|
|Payout Ratio:||26.67% (Trailing 12 Months of Earnings) |
24.88% (Based on This Year's Estimates)
23.53% (Based on Next Year's Estimates)
|Track Record:||9 Years of Consecutive Dividend Growth|
Prudential Financial (NYSE:PRU) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Prudential Financial (NYSE PRU) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.66%
Institutional Ownership Percentage: 63.81%
Prudential Financial (NYSE PRU) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|1/2/2018||Barbara Koster||SVP||Sell||16,801||$115.17||$1,934,971.17||37,327|| |
|11/29/2017||Timothy P Harris||EVP||Sell||10,527||$115.00||$1,210,605.00|| |
|11/9/2017||Nicholas C Silitch||Insider||Sell||44,860||$111.77||$5,014,002.20||27,927|| |
|11/8/2017||Charles F Lowrey||EVP||Sell||44,630||$111.91||$4,994,543.30||79,354|| |
|8/9/2017||Nicholas C Silitch||Insider||Sell||14,897||$110.00||$1,638,670.00||21,274|| |
|8/7/2017||Stephen Pelletier||Insider||Sell||4,133||$112.18||$463,639.94||10,924|| |
|7/3/2017||John R Strangfeld Jr||Chairman||Sell||201,585||$110.00||$22,174,350.00||456,121|| |
|5/8/2017||Charles F Lowrey||Insider||Sell||222,857||$108.04||$24,077,470.28||151,418|| |
|3/2/2017||Barbara Koster||Insider||Sell||33,743||$112.87||$3,808,572.41||45,245|| |
|2/23/2017||George Paz||Director||Buy||500||$110.73||$55,365.00||500|| |
|2/21/2017||Michael Todman||Director||Buy||450||$111.11||$49,999.50||450|| |
|2/17/2017||Timothy P Harris||EVP||Sell||6,087||$110.75||$674,135.25||26,022|| |
|10/14/2016||Scott Sleyster||Insider||Sell||9,379||$85.06||$797,777.74||34,185|| |
|10/10/2016||Sharon C Taylor||SVP||Sell||85,490||$84.99||$7,265,795.10||77,221|| |
|10/5/2016||Charles F Lowrey||Insider||Sell||50,322||$85.00||$4,277,370.00||92,458|| |
|10/5/2016||Robert Falzon||CFO||Sell||9,781||$85.00||$831,385.00||46,550|| |
|10/5/2016||Timothy P Harris||EVP||Sell||6,531||$85.00||$555,135.00||20,924|| |
|9/9/2016||Charles F Lowrey||Insider||Sell||41,644||$80.00||$3,331,520.00||98,307|| |
|8/8/2016||Robert Falzon||CFO||Sell||33,820||$77.13||$2,608,536.60||70,264|| |
|8/8/2016||Stephen Pelletier||Insider||Sell||4,470||$76.36||$341,329.20|| |
|2/16/2016||Douglas A Scovanner||Director||Buy||7,400||$62.56||$462,944.00||12,000|| |
|11/3/2015||Charles F. Lowrey||EVP||Sell||7,959||$85.00||$676,515.00||44,006|| |
|11/3/2015||John R. Strangfeld, Jr.||Chairman||Sell||70,026||$85.00||$5,952,210.00||307,290|| |
|11/3/2015||Sharon C. Taylor||SVP||Sell||14,589||$85.00||$1,240,065.00||56,101|| |
|8/17/2015||Stephen Pelletier||EVP||Sell||10,690||$88.93||$950,661.70|| |
|6/10/2015||Susan L Blount||EVP||Sell||26,465||$90.00||$2,381,850.00|| |
|3/3/2015||Robert Axel||SVP||Sell||3,785||$81.23||$307,455.55|| |
|12/23/2014||Susan L Blount||EVP||Sell||3,129||$92.00||$287,868.00|| |
|8/19/2014||Mark B Grier||Chairman||Sell||408,076||$89.42||$36,490,155.92|| |
|8/18/2014||Scott Sleyster||SVP||Sell||18,866||$89.19||$1,682,658.54|| |
|6/6/2014||Richard F Lambert||SVP||Sell||2,376||$89.12||$211,749.12|| |
|3/12/2014||Sharon Taylor||SVP||Sell||21,926||$86.36||$1,893,529.36||50,563|| |
|3/7/2014||Susan Blount||EVP||Sell||68,047||$88.00||$5,988,136.00||31,403|| |
|3/6/2014||Peter Sayre||SVP||Sell||2,200||$86.95||$191,290.00||8,927|| |
|11/25/2013||Robert Falzon||CFO||Sell||17,565||$89.69||$1,575,404.85||15,544|| |
|11/18/2013||Mark Grier||Chairman||Sell||280,902||$89.30||$25,084,548.60||234,567|| |
|9/18/2013||Peter Sayre||SVP||Sell||9,001||$81.60||$734,481.60||9,483|| |
|9/9/2013||Sharon C Taylor||SVP||Sell||22,073||$77.95||$1,720,590.35|| |
|9/4/2013||Constance J Horner||Director||Sell||5,000||$78.50||$392,500.00|| |
|8/13/2013||Peter Sayre||SVP||Sell||4,000||$80.50||$322,000.00||8,928|| |
|8/13/2013||Susan Blount||EVP||Sell||32,809||$80.59||$2,644,077.31||33,118|| |
|7/10/2013||Peter B Sayre||SVP||Sell||10,888||$77.63||$845,235.44|| |
|6/10/2013||Peter B Sayre||SVP||Sell||1,100||$72.61||$79,871.00|| |
|5/30/2013||Barbara Koster||SVP||Sell||8,736||$70.30||$614,140.80|| |
|5/15/2013||Peter B Sayre||SVP||Sell||7,830||$67.66||$529,777.80|| |
|5/13/2013||Susan L Blount||SVP||Sell||6,289||$64.84||$407,778.76|| |
|5/8/2013||Edward P Baird||EVP||Sell||18,344||$65.87||$1,208,319.28|| |
|12/6/2012||Barbara Koster||SVP||Sell||6,386||$52.36||$334,370.96|| |
|11/12/2012||Scott Sleyster||SVP||Sell||27,263||$52.34||$1,426,945.42|| |
Prudential Financial (NYSE PRU) News Headlines
Prudential Financial (NYSE:PRU) SEC Filings
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Prudential Financial (NYSE:PRU) Income Statement, Balance Sheet and Cash Flow Statement
Prudential Financial (NYSE PRU) Stock Chart for Wednesday, February, 21, 2018