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.
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Industry, Sector and Symbol
Industry Life insurance
Sub-IndustryLife & Health Insurance
SectorFinance
Phone973-802-6000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$58.13 billion
Profitability
Miscellaneous
Employees51,511
Next Earnings Date5/6/2020 (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 5th. Investors of record on Tuesday, February 18th will be paid a dividend of $1.10 per share on Thursday, March 12th. This represents a $4.40 annualized dividend and a dividend yield of 5.68%. The ex-dividend date of this dividend is Friday, February 14th. This is a positive change from Prudential Financial's previous quarterly dividend of $1.00. View Prudential Financial's Dividend History.
How were Prudential Financial's earnings last quarter?
Prudential Financial Inc (NYSE:PRU) released its earnings results on Tuesday, February, 4th. The financial services provider reported $2.33 earnings per share for the quarter, beating the consensus estimate of $2.02 by $0.31. The financial services provider earned $17.45 billion during the quarter, compared to the consensus estimate of $14.23 billion. Prudential Financial had a net margin of 7.20% and a return on equity of 7.81%. During the same period in the previous year, the business posted $2.44 EPS. View Prudential Financial's Earnings History.
When is Prudential Financial's next earnings date?
What price target have analysts set for PRU?
14 brokerages have issued 12-month target prices for Prudential Financial's stock. Their forecasts range from $85.00 to $110.00. On average, they anticipate Prudential Financial's share price to reach $98.25 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?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prudential Financial in the last year. There are currently 1 sell rating, 8 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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 shares have outperformed the industry year to date. The company continues to gain from 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. Prudential expects return on equity between 12% and 14%, adjusted earnings per share growth in high single digit, and mid-to- high single digit earnings growth across PGIM, International and U.S. Financial Wellness in the intermediate term. However, exposure to low interest rates as well as to products like annuities and universal life, which yield low returns, remains a concern. Escalating expenses continue to weigh on margin expansion." (9/10/2019)
- 2. Wells Fargo & Co analysts commented, "We are maintaining our $115 price target. We expect shares to be largely unchanged following the investor day." (6/6/2019)
Has Prudential Financial been receiving favorable news coverage?
News headlines about PRU stock have been trending somewhat negative on Thursday, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Prudential Financial earned a coverage optimism score of -1.7 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Prudential Financial.
Are investors shorting Prudential Financial?
Prudential Financial saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 4,920,000 shares, an increase of 16.0% from the January 15th total of 4,240,000 shares. Based on an average daily volume of 2,050,000 shares, the short-interest ratio is currently 2.4 days. Currently, 1.2% of the shares of the company are short sold. View Prudential Financial's Current Options Chain.
Who are some of Prudential Financial's key competitors?
Some companies that are related to Prudential Financial include Metlife (MET), AFLAC (AFL), Principal Financial Group (PFG), Lincoln National (LNC), Unum Group (UNM), Primerica (PRI), CNO Financial Group (CNO), American Equity Investment Life (AEL), FBL Financial Group (FFG), National Western Life Group (NWLI), Independence (IHC), Health Insurance Innovations (HIIQ), Citizens (CIA) and Kansas City Life Insurance (KCLI).
What other stocks do shareholders of Prudential Financial own?
Who are Prudential Financial's key executives?
Prudential Financial's management team includes the folowing people:
- Mr. Charles Frederick Lowrey Jr., Chairman, CEO & Pres (Age 61)
- Mr. Mark Brown Grier, Vice Chairman (Age 66)
- Mr. Kenneth Yutaka Tanji, Exec. VP & CFO (Age 53)
- Mr. Stephen P. Pelletier, Exec. VP & COO of U.S. Bus.es (Age 65)
- Mr. Robert Michael Falzon CFA, Vice Chairman (Age 59)
Who are Prudential Financial's major shareholders?
Prudential Financial's stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (4.60%), Geode Capital Management LLC (1.49%), Charles Schwab Investment Management Inc. (0.83%), LSV Asset Management (0.80%), Bank of New York Mellon Corp (0.74%) and Nippon Life Insurance Co. (0.64%). Company insiders that own Prudential Financial stock include Andrew F Sullivan, Candace Woods, Charles F Lowrey, Kenneth Tanji, Nicholas C Silitch, Prudential Financial Inc, Robert Falzon, Sandra Pianalto, Scott Sleyster, Stephen Pelletier, Thomas J Baltimore Jr and Thomas J Baltimore, Jr. 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 Nippon Life Insurance Co., CIBC Private Wealth Group LLC, PGGM Investments, Lord Abbett & CO. LLC, AJO LP, DekaBank Deutsche Girozentrale, Marshall Wace North America L.P. and State Street Corp. 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 Scott Sleyster. 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 Stifel Financial Corp, Acadian Asset Management LLC, Bank of Montreal Can, Geode Capital Management LLC, Bessemer Group Inc., Victory Capital Management Inc., Jacobs Levy Equity Management Inc. and Russell Investments Group Ltd.. Company insiders that have bought Prudential Financial stock in the last two years include Charles F Lowrey, Kenneth Tanji, Prudential Financial Inc, Robert Falzon, Sandra Pianalto, Thomas J Baltimore Jr 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, Robinhood, Fidelity and Charles Schwab.
What is Prudential Financial's stock price today?
One share of PRU stock can currently be purchased for approximately $77.52.
How big of a company is Prudential Financial?
Prudential Financial has a market capitalization of $30.78 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.View Additional Information About Prudential Financial.
What is Prudential Financial's official website?
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)
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.
