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NYSE:PRU

Prudential Financial Stock Forecast, Price & News

$83.61
-0.30 (-0.36 %)
(As of 01/15/2021 08:00 PM ET)
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Today's Range
$82.17
Now: $83.61
$84.02
50-Day Range
$75.00
MA: $78.64
$83.91
52-Week Range
$38.62
Now: $83.61
$97.24
Volume120,268 shs
Average Volume1.72 million shs
Market Capitalization$33.11 billion
P/E RatioN/A
Dividend Yield5.35%
Beta1.72
Prudential Financial, Inc., through its subsidiaries, provides insurance, investment management, and other financial products and services. It operates through eight segments: PGIM, Retirement, Group Insurance, Individual Annuities, Individual Life, Assurance IQ, International Businesses, and Closed Block. The company offers asset management 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. It 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 company 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. It also offers 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. In addition, the company provides third-party life, health, Medicare, and property and casualty products to retail shoppers through its digital and independent agent channels. It offers its products and services to individual and institutional customers through its proprietary and third-party distribution networks. The company was founded in 1875 and is headquartered in Newark, New Jersey.
Prudential Financial logo

MarketRank

Overall MarketRank

2.46 out of 5 stars

Finance Sector

7th out of 301 stocks

Life Insurance Industry

1st out of 10 stocks

Analyst Opinion: 2.1Community Rank: 2.7Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Life insurance
Sub-IndustryLife & Health Insurance
SectorFinance
CUSIP74432010
Phone973-802-6000
Employees51,511

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$58.13 billion
Cash Flow$13.42 per share
Book Value$158.51 per share

Profitability

Net Income$4.19 billion

Miscellaneous

Market Cap$33.11 billion
Next Earnings Date2/4/2021 (Confirmed)
OptionableOptionable
$83.61
-0.30 (-0.36 %)
(As of 01/15/2021 08:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Prudential Financial (NYSE:PRU) Frequently Asked Questions

How has Prudential Financial's stock been impacted by Coronavirus?

Prudential Financial's stock was trading at $57.97 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PRU stock has increased by 44.2% and is now trading at $83.61.
View which stocks have been most impacted by COVID-19
.

Is Prudential Financial a buy right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prudential Financial in the last year. There are currently 10 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Prudential Financial stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PRU, but not buy additional shares or sell existing shares.
View analyst ratings for Prudential Financial
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Prudential Financial?

Wall Street analysts have given Prudential Financial a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Prudential Financial wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Prudential Financial's next earnings date?

Prudential Financial is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for Prudential Financial
.

How can I listen to Prudential Financial's earnings call?

Prudential Financial will be holding an earnings conference call on Thursday, February 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Prudential Financial's earnings last quarter?

Prudential Financial, Inc. (NYSE:PRU) announced its earnings results on Tuesday, November, 3rd. The financial services provider reported $3.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.69 by $0.52. The financial services provider earned $13.34 billion during the quarter, compared to analyst estimates of $13.53 billion. Prudential Financial had a negative net margin of 0.12% and a positive return on equity of 6.06%. During the same quarter in the prior year, the company earned $3.22 earnings per share.
View Prudential Financial's earnings history
.

How often does Prudential Financial pay dividends? What is the dividend yield for Prudential Financial?

Prudential Financial declared a quarterly dividend on Monday, November 9th. Stockholders of record on Tuesday, November 24th will be given a dividend of $1.10 per share on Thursday, December 17th. This represents a $4.40 dividend on an annualized basis and a yield of 5.26%. The ex-dividend date of this dividend is Monday, November 23rd.
View Prudential Financial's dividend history
.

Is Prudential Financial a good dividend stock?

Prudential Financial pays an annual dividend of $4.40 per share and currently has a dividend yield of 5.35%. PRU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Prudential Financial is 37.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Prudential Financial will have a dividend payout ratio of 37.04% next year. This indicates that Prudential Financial will be able to sustain or increase its dividend.
View Prudential Financial's dividend history.

What price target have analysts set for PRU?

13 brokerages have issued 12 month target prices for Prudential Financial's stock. Their forecasts range from $57.00 to $100.00. On average, they expect Prudential Financial's share price to reach $76.25 in the next twelve months. This suggests that the stock has a possible downside of 8.8%.
View analysts' price targets for Prudential Financial
or view Wall Street analyst' top-rated stocks.

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 AT&T (T), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), AbbVie (ABBV), Verizon Communications (VZ), Cisco Systems (CSCO), Pfizer (PFE), International Business Machines (IBM), Intel (INTC) and Exxon Mobil (XOM).

Who are Prudential Financial's key executives?

Prudential Financial's management team includes the following people:
  • Mr. Charles Frederick Lowrey Jr., Chairman, CEO & Pres (Age 63, Pay $7.36M)
  • Mr. Robert Michael Falzon CFA, Vice Chair (Age 61, Pay $5.86M)
  • Mr. Kenneth Yutaka Tanji, Exec. VP & CFO (Age 55, Pay $2.29M)
  • Mr. Scott Garrett Sleyster, Exec. VP & Head of International Bus.es (Age 61, Pay $3.5M)
  • Mr. Timothy Lee Schmidt, Sr. VP & Chief Investment Officer (Age 62)
  • Mr. Robert Douglas Axel, Sr. VP, Controller & Principal Accounting Officer
  • Ms. Stacey Goodman, Chief Information Officer & Exec. VP (Age 58)
  • Mr. Darin C. Arita CFA, Sr. VP and Head of Investor Relations
  • Mr. Lee Duane Augsburger, Chief Ethics & Compliance Officer (Age 61)
  • Ms. Ann Mary Kappler, Exec. VP & Gen. Counsel (Age 63)

What is Prudential Financial's stock symbol?

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

Who are Prudential Financial's major shareholders?

Prudential Financial's stock is owned by many different institutional and retail investors. Top institutional shareholders include Douglas Lane & Associates LLC (0.28%), Wedge Capital Management L L P NC (0.08%), Huntington National Bank (0.02%), Dalton Greiner Hartman Maher & Co. (0.02%), State of Alaska Department of Revenue (0.02%) and CHURCHILL MANAGEMENT Corp (0.01%). Company insiders that own Prudential Financial stock include Andrew F Sullivan, Candace Woods, Charles F Lowrey, Kenneth Tanji, Nicholas C Silitch, Robert Falzon, Scott Sleyster, Stacey Goodman, Stephen Pelletier, Thomas J Baltimore Jr and Timothy L Schmidt.
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 Douglas Lane & Associates LLC, Crossmark Global Holdings Inc., First Midwest Bank Trust Division, First American Bank, CHURCHILL MANAGEMENT Corp, State of Alaska Department of Revenue, Dalton Greiner Hartman Maher & Co., and Huntington National Bank. Company insiders that have sold Prudential Financial company stock in the last year include Andrew F Sullivan, Candace Woods, Charles F Lowrey, Nicholas C Silitch, Robert Falzon, and Timothy L Schmidt.
View insider buying and selling activity for Prudential Financial
or view top insider-selling stocks.

Which institutional investors are buying Prudential Financial stock?

PRU stock was acquired by a variety of institutional investors in the last quarter, including Kovack Advisors Inc., Lavaca Capital LLC, BTR Capital Management Inc., IFM Investors Pty Ltd, Louisiana State Employees Retirement System, Brookstone Capital Management, Wedge Capital Management L L P NC, and Red Door Wealth Management LLC. Company insiders that have bought Prudential Financial stock in the last two years include Charles F Lowrey, Kenneth Tanji, Robert Falzon, Stacey Goodman, and Thomas J Baltimore Jr.
View insider buying and selling activity for Prudential Financial
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Prudential Financial's stock price today?

One share of PRU stock can currently be purchased for approximately $83.61.

How big of a company is Prudential Financial?

Prudential Financial has a market capitalization of $33.11 billion and generates $58.13 billion in revenue each year. The financial services provider earns $4.19 billion in net income (profit) each year or $11.69 on an earnings per share basis. Prudential Financial employs 51,511 workers across the globe.

What is Prudential Financial's official website?

The official website for Prudential Financial is 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]

This page was last updated on 1/19/2021 by MarketBeat.com Staff

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