NYSE:PRU - Prudential Financial Stock Price, Price Target & More

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$95.25 -0.45 (-0.47 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$95.70
Today's Range$94.85 - $95.57
52-Week Range$92.05 - $127.14
Volume2.26 million shs
Average Volume2.06 million shs
Market Capitalization$40.95 billion
P/E Ratio8.99
Dividend Yield3.69%
Beta1.5
Prudential Financial logoPrudential 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

Stock Exchange NYSE
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 Ratio8.99
Forward P/E Ratio7.81
P/E Growth0.89

Sales & Book Value

Annual Sales$53.65 billion
Price / Sales0.75
Cash Flow$11.2323 per share
Price / Cash8.48
Book Value$128.17 per share
Price / Book0.74

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
Market Cap$40,945.80

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, May 8th. Investors of record on Tuesday, May 22nd will be paid a dividend of $0.90 per share on Thursday, June 14th. This represents a $3.60 dividend on an annualized basis and a yield of 3.78%. 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 declared that its Board of Directors has initiated a share repurchase plan 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 buy shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's board of directors 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, May, 2nd. The financial services provider reported $3.08 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $2.98 by $0.10. The financial services provider had revenue of $12.88 billion for the quarter, compared to analysts' expectations of $13.68 billion. Prudential Financial had a net margin of 13.57% and a return on equity of 9.25%. During the same quarter in the previous year, the firm posted $2.79 EPS. 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, August, 1st 2018. View Earnings Estimates for Prudential Financial.

What price target have analysts set for PRU?

15 equities research analysts have issued 12 month target prices for Prudential Financial's shares. Their forecasts range from $100.00 to $134.00. On average, they anticipate Prudential Financial's stock price to reach $116.3077 in the next twelve months. This suggests a possible upside of 22.2% from the stock's current price. View Analyst Ratings for Prudential Financial.

What is the consensus analysts' recommendation for Prudential Financial?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prudential Financial in the last year. There are currently 4 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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, "Shares of Prudential have outperformed the industry quarter to date. 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. However, exposure to still low interest rates, mounting expenses weighing on margin expansion concern. A Zacks Rank #2 combined with Earnings ESP of 0.09% makes us confident of positive earnings surprise as it reports second quarter results on Aug 1." (7/17/2018)
  • 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?

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 articles about PRU stock have trended somewhat positive on Friday, Accern reports. The research group identifies negative and positive news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of 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 0.10 on Accern's scale. They also assigned news headlines about the financial services provider an impact score of 45.62 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Who are Prudential Financial's major shareholders?

Prudential Financial's stock is owned by a variety of of institutional and retail investors. Top institutional investors include NN Investment Partners Holdings N.V. (0.52%), Bank of Montreal Can (0.49%), Hexavest Inc. (0.10%), Retirement Systems of Alabama (0.09%), Deprince Race & Zollo Inc. (0.07%) and Calamos Advisors LLC (0.05%). 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 Bank of Montreal Can, Calamos Advisors LLC, Retirement Systems of Alabama, Whittier Trust Co., Nisa Investment Advisors LLC, Hartford Investment Management Co., Oakbrook Investments LLC and Xact Kapitalforvaltning AB. Company insiders that have sold Prudential Financial company stock in the last year include Barbara Koster, Charles F Lowrey, 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 purchased by a variety of institutional investors in the last quarter, including Hexavest Inc., Sit Investment Associates Inc., Howard Capital Management Inc., Dalton Greiner Hartman Maher & Co., Copper Rock Capital Partners LLC, Cornerstone Wealth Management LLC, Foundry Partners LLC and Assenagon Asset Management S.A.. 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 $95.21.

How big of a company is Prudential Financial?

Prudential Financial has a market capitalization of $40.95 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 (NYSE PRU)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  643 (Vote Outperform)
Underperform Votes:  478 (Vote Underperform)
Total Votes:  1,121
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 7/20/2018 by MarketBeat.com Staff

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