NYSE:PRU - Prudential Financial Stock Price, News, & Analysis

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$89.96 -4.28 (-4.54 %)
(As of 03/24/2019 04:00 PM ET)
Previous Close$89.96
Today's Range$89.91 - $93.3689
52-Week Range$75.61 - $108.92
Volume3.71 million shs
Average Volume2.17 million shs
Market Capitalization$36.79 billion
P/E Ratio7.70
Dividend Yield4.45%
Beta1.44
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. The U.S. Workplace Solutions division provides a range of retirement investment, and income products and services to retirement plan sponsors in the public, private, and not-for-profit sectors; and group life, long-term and short-term group disability, and group corporate-, bank-, and trust-owned life insurance in the United States, primarily to institutional clients for use in connection with employee plans and affinity groups. The U.S. Individual Solutions division develops and distributes individual variable and fixed annuity products, principally to the mass affluent and affluent markets; and individual variable, term, and universal life insurance products to the mass middle, mass affluent, and affluent markets in the United States. The International Insurance division develops and distributes individual life insurance, retirement, and related products to the mass affluent and affluent markets in Japan, Korea, and other foreign countries, as well as middle income and mass affluent markets. 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

Industry Life insurance
Sub-IndustryLife & Health Insurance
SectorFinance
CUSIP74432010
Phone973-802-6000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$58.13 billion
Cash Flow$12.5467 per share
Book Value$118.72 per share

Profitability

Net Income$4.07 billion

Miscellaneous

Employees50,492
Market Cap$36.79 billion
Next Earnings Date5/1/2019 (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 Wednesday, February 6th. Shareholders of record on Wednesday, February 20th will be paid a dividend of $1.00 per share on Thursday, March 14th. This represents a $4.00 dividend on an annualized basis and a yield of 4.45%. The ex-dividend date is Tuesday, February 19th. This is a positive change from Prudential Financial's previous quarterly dividend of $0.90. 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 stock repurchase program on Friday, December 15th 2017, which allows the company to buyback $1,500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback programs are typically a sign 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) announced its quarterly earnings data on Wednesday, February, 6th. The financial services provider reported $2.44 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $2.88 by $0.44. The financial services provider earned $17.78 billion during the quarter, compared to analyst estimates of $14.03 billion. Prudential Financial had a return on equity of 10.20% and a net margin of 7.01%. During the same quarter in the prior year, the business earned $2.69 earnings per share. 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, May 1st 2019. View Earnings Estimates for Prudential Financial.

What price target have analysts set for PRU?

12 Wall Street analysts have issued twelve-month price targets for Prudential Financial's shares. Their predictions range from $85.50 to $130.00. On average, they anticipate Prudential Financial's stock price to reach $113.9583 in the next twelve months. This suggests a possible upside of 26.7% 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 3 hold ratings, 8 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’s fourth-quarter EPS missed estimates on weak segmental performances. However, operating earnings and adjusted book value per share increased, leading to a double-digit return on equity. The company returned more than $3 billion in 2018. Prudential continues to gain from growth in 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 2019 EPS between $12.50 and $13.00 and ROE between 12% and 13% in the near-to-intermediate term. However, exposure to still low interest rates as well as to products like annuities and universal life guarantying low returns remains a woe. Escalating expenses continue to weigh on margin expansion. Shares of Prudential have underperformed the industry in a year’s time." (2/12/2019)
  • 2. Wells Fargo & Co analysts commented, "We are resuming coverage of PRU with a change in analyst, an Outperform rating, and a $105 price target. We see the company as a franchise name among global life insurers, with key strengths highlighted by a dominant market position in the large- case pension risk transfer business, a broad and diversified business mix, and a high-returning Japanese business. Further, we view PRU as undervalued relative to peers following the recent sell-off in shares since the end of September (down 16% for PRU, versus down 13% for peers and down 13% for the S&P 500)." (1/8/2019)

Has Prudential Financial been receiving favorable news coverage?

News articles about PRU stock have been trending neutral recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Prudential Financial earned a daily sentiment score of 0.2 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an impact on the company's share price in the next several days.

Who are some of Prudential Financial's key competitors?

What other stocks do shareholders of Prudential Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Prudential Financial investors own include JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO), AT&T (T), Bank of America (BAC), Intel (INTC), Johnson & Johnson (JNJ), Home Depot (HD), Boeing (BA), General Electric (GE) and Visa (V).

Who are Prudential Financial's key executives?

Prudential Financial's management team includes the folowing people:
  • Mr. Charles Frederick Lowrey Jr., CEO, Pres & Director (Age 61)
  • Mr. Stephen P. Pelletier, Exec. VP & COO of U.S. Bus.es (Age 65)
  • Mr. Kenneth Yutaka Tanji, Exec. VP & CFO (Age 53)
  • Mr. Timothy Lee Schmidt, Sr. VP & Chief Investment Officer (Age 60)
  • Mr. Robert Douglas Axel, Sr. VP, Controller & Principal Accounting Officer

Who are Prudential Financial's major shareholders?

Prudential Financial's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.72%), Oregon Public Employees Retirement Fund (2.89%), Norges Bank (1.90%), Northern Trust Corp (1.25%), Geode Capital Management LLC (1.25%) and Massachusetts Financial Services Co. MA (0.94%). Company insiders that own Prudential Financial stock include Barbara Koster, Charles F Lowrey, John R Strangfeld Jr, 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 Massachusetts Financial Services Co. MA, Two Sigma Advisers LP, Voloridge Investment Management LLC, Dimensional Fund Advisors LP, AMF Pensionsforsakring AB, Canada Pension Plan Investment Board, Principal Financial Group Inc. and Amundi Pioneer Asset Management Inc.. 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 acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Norges Bank, Bessemer Group Inc., Alps Advisors Inc., Geode Capital Management LLC, Northern Trust Corp, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp and Zacks Investment Management. 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 $89.96.

How big of a company is Prudential Financial?

Prudential Financial has a market capitalization of $36.79 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.

What is Prudential Financial's official website?

The official website for Prudential Financial is http://www.prudential.com.

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:  2.8 out of 5 (star star)
Outperform Votes:  738 (Vote Outperform)
Underperform Votes:  561 (Vote Underperform)
Total Votes:  1,299
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 3/24/2019 by MarketBeat.com Staff

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