Prudential Financial Company Profile (NYSE:PRU)

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

Prudential Financial announced a quarterly dividend on Tuesday, August 8th. Shareholders of record on Tuesday, August 22nd will be paid a dividend of $0.75 per share on Thursday, September 14th. This represents a $3.00 dividend on an annualized basis and a yield of 2.85%. The ex-dividend date is Friday, August 18th. View Prudential Financial's Dividend History.

Prudential Financial, Inc. (NYSE:PRU) posted its quarterly earnings data on Wednesday, August, 2nd. The company reported $2.09 earnings per share for the quarter, missing analysts' consensus estimates of $2.70 by $0.61. The business earned $13.03 billion during the quarter, compared to the consensus estimate of $12.45 billion. Prudential Financial had a net margin of 7.15% and a return on equity of 8.98%. During the same quarter last year, the company earned $1.84 earnings per share. View Prudential Financial's Earnings History.

Prudential Financial is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Prudential Financial.

13 brokerages have issued 1-year target prices for Prudential Financial's stock. Their forecasts range from $93.00 to $129.00. On average, they expect Prudential Financial's stock price to reach $111.55 in the next twelve months. View Analyst Ratings for Prudential Financial.

Here are some recent quotes from research analysts about Prudential Financial stock:

• 1. Wells Fargo & Company analysts commented, "We expect a modestly negative reaction to Q2 earnings in PRU shares.  Adjusting 2017E for the miss. We are lowering our full-year 2017E to $10.06 from $10.69 to reflect the miss. No change to our 2018E of $11.15. No change to our $110 price target.  More on the actuarial assumption review. The $653 million impact to life segment earnings from updates to reserves as a result of the actuarial assumption review was primarily driven by systems upgrades, which resulted in: 1) slight acceleration of claims, and 2) a change in estimating reinsurance cash flows, from a pay-as-you-go system to an accrual system. The net change will result in a quarterly degradation of $40 million pre-tax to life segment earnings. The change in assumptions in the annuity and retirement segments will add a combined $30 million pre-tax to quarterly earnings. We note the net $10 million degradation of quarterly earnings power is immaterial in the context of run-rate pretax earnings of $1.5 billion.  What we liked." (8/3/2017)
• 2. According to Zacks Investment Research, "Prudential Financial remains well poised for growth on the back of its high performing asset management business, widespread international operations and deeper reach in the pension risk transfer market. It strives to build its leadership position in the pension risk transfer market, having great potential. Expanded international presence provides it with better organic growth opportunities than peers. Also, a strong balance sheet and efficient capital management are tailwinds. It now expects ROE between 12% and 13% in the near to intermediate-term. However, exposure to low interest rates, unfavorable currency impact and regulatory control remain headwinds. Also, shares of Prudential Financial underperformed the Zacks categorized Multi line insurance industry, year to date. With respect to quarterly results, Prudential Financial’s first-quarter 2017 earnings beat our expectations and also improved year over year." (6/14/2017)

Some companies that are related to Prudential Financial include Prudential Public Limited Company (PUK), MetLife (MET), Manulife Financial Corp (MFC), Aflac Incorporated (AFL), Sun Life Financial (SLF), Aviva plc (AV), Principal Financial Group (PFG), Lincoln National Corporation (LNC), Standard Life Aberdeen PLC (SLA), Aegon NV (AEG), Unum Group (UNM), Athene Holding (ATH), Voya Financial (VOYA), StanCorp Financial Group (SFG), CNO Financial Group (CNO), Symetra Financial (SYA), Phoenix Group Holdings (PHNX) and Just Group PLC (JUST).

Prudential Financial's management team includes the folowing people:

• John R. Strangfeld Jr., Chairman of the Board, President, Chief Executive Officer
• Mark B. Grier, Vice Chairman of the Board
• Robert M. Falzon, Chief Financial Officer, Executive Vice President
• Charles F. Lowrey, Executive Vice President, Chief Operating Officer - International Businesses
• Lucien Alziari, Chief Human Resource Officer, Senior Vice President
• Timothy Patrick Harris, Executive Vice President, General Counsel
• Stephen Pelletier, Executive Vice President, Chief Operating Officer - U.S. Businesses
• Scott G. Sleyster, Senior Vice President, Chief Investment Officer
• Barbara G. Koster, Senior Vice President, Chief Information Officer
• Nicholas C. Silitch, Senior Vice President, Chief Risk Officer

Prudential Financial's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.73%), Vanguard Group Inc. (7.20%), State Street Corp (4.61%), Capital Research Global Investors (3.20%), Bank of New York Mellon Corp (1.20%) and Northern Trust Corp (1.19%). Company insiders that own Prudential Financial stock include Barbara Koster, Charles F Lowrey, Douglas A Scovanner, George Paz, John R Strangfeld Jr, 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.

Prudential Financial's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Bank of New York Mellon Corp, State Street Corp, The Manufacturers Life Insurance Company , Los Angeles Capital Management & Equity Research Inc., Principal Financial Group Inc., American Century Companies Inc. and Pictet Asset Management Ltd.. Company insiders that have sold Prudential Financial stock in the last year include Barbara Koster, Charles F Lowrey, John R Strangfeld Jr, Nicholas C Silitch, Robert Falzon, Scott Sleyster, Sharon C Taylor, Stephen Pelletier and Timothy P Harris. View Insider Buying and Selling for Prudential Financial.

Prudential Financial's stock was bought by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, BlackRock Inc., AJO LP, Arrowstreet Capital Limited Partnership, Acadian Asset Management LLC, Bank of Montreal Can, Vanguard Group Inc. and Parametric Portfolio Associates LLC. Company insiders that have bought Prudential Financial stock in the last two years include Douglas A Scovanner, George Paz and Michael Todman. View Insider Buying and Selling for Prudential Financial.

Shares of Prudential Financial can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Prudential Financial stock can currently be purchased for approximately $105.17.