Prudential Financial, Inc. (PRU)
| Market Cap | 42.68B |
| Revenue (ttm) | 60.44B |
| Net Income (ttm) | 2.16B |
| Shares Out | 359.00M |
| EPS (ttm) | 5.86 |
| PE Ratio | 20.29 |
| Forward PE | 8.50 |
| Dividend | $5.20 (4.37%) |
| Ex-Dividend Date | May 20, 2024 |
| Volume | 816,654 |
| Open | 118.22 |
| Previous Close | 117.80 |
| Day's Range | 117.92 - 119.08 |
| 52-Week Range | 77.97 - 119.60 |
| Beta | 1.35 |
| Analysts | Hold |
| Price Target | 106.54 (-10.38%) |
| Earnings Date | Apr 30, 2024 |
About PRU
Prudential Financial, Inc., together with its subsidiaries, provides insurance, investment management, and other financial products and services in the United States and internationally. It operates through PGIM, Retirement Strategies, Group Insurance, Individual Life, and International Businesses segments. The PGIM segment offers investment management services and solutions related to public fixed income, public equity, real estate debt and equity, private credit and other alternatives, and multi-asset class strategies to institutional and ret... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for PRU stock is "Hold." The 12-month stock price forecast is $106.54, which is a decrease of -10.38% from the latest price.
News
Levi & Korsinsky, LLP Notifies Shareholders of Prudential Financial, Inc. (PRU) an Upcoming Claims Deadline in a Class Action Settlement
NEW YORK, NY / ACCESSWIRE / May 14, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Prudential Financial, Inc. (NYSE:PRU). T...
Prudential Announces Head of Global Investment Strategy
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) announced today that Andrew Yorks will join the company as head of Global Investment Strategy, effective July 15. Yorks will repor...
Prudential shutters Hong Kong wealth unit Pulse
Insurer Prudential has shut down its Hong Kong wealth management business Pulse Wealth, the company said in a statement to Reuters on Wednesday, as part of a wider push to streamline its business.
Prudential Financial Declares Quarterly Dividend on Common Stock
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) announced today the declaration of a quarterly dividend of $1.30 per share of Common Stock, payable on June 13, 2024, to sharehold...
Prudential to shut down Assurance, the insurance tech startup it acquired for $2.35B in 2019
Insurance giant Prudential is shutting down Assurance IQ, five years after spending $2.
Prudential Financial, Inc. Announces First Quarter 2024 Results
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) today reported first quarter results. Net income attributable to Prudential Financial, Inc. was $1.138 billion ($3.12 per Common s...
Prudential Financial empowers young changemakers with $15,000 each at Emerging Visionaries Summit
The five grand prize winners were among 25 students recognized for their work addressing the challenges of a changing world and honored this week by co-anchor of NBC's "Today" show, Hoda Kotb, and Pru...
Equinix and PGIM Real Estate Enter Into $600 Million JV for First xScale® Data Center in the U.S.
REDWOOD CITY, Calif. , April 15, 2024 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, and PGIM Real Estate, the real estate investment and financing arm of P...
Jennison Associates grows EMEA business with senior hires
NEW YORK & LONDON--(BUSINESS WIRE)--Jennison Associates, the fundamental active equity and fixed income manager of PGIM, the US$1.3 trillion1 global asset management business of Prudential Financial, ...
Up 13% YTD, What To Expect From Prudential Financial Stock?
Prudential Financial's stock (NYSE: PRU) has gained roughly 13% YTD as compared to the 9% rise in the S&P500 index over the same period. Further, at its current price of $117 per share, it is trading ...
Prudential Financial introduces new workplace insurance benefits that help support mental health and growing families
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) has introduced new voluntary workplace insurance offerings that help support family building and mental health, including benefits...
2024 International Forum on Consciousness: Delving Into the Many Facets of Love
MADISON, Wis.--(BUSINESS WIRE)-- #awakening--2024 International Forum on Consciousness in Madison, WI will explore love's many facets through neuroscience, wisdom, and arts May 16-17.
PGIM launches three Retirement Spending Funds for personalized spending goals
NEWARK, N.J.--(BUSINESS WIRE)--PGIM,1 the $1.3 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU), has launched three retirement spending funds: the PGIM Conserva...
Prudential Financial, Inc. to Announce First Quarter 2024 Earnings; Schedules Conference Call
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) will release its first quarter 2024 earnings on Tuesday, April 30, 2024, after the market closes. The earnings news release, the f...
Somerset Announced Close of Reinsurance Transaction With Prudential
HAMILTON, Bermuda--(BUSINESS WIRE)--Somerset Reinsurance Ltd. ("Somerset"), a leading provider of reinsurance solutions to the U.S. life insurance and annuity market, announced today the close of its ...
Prudential Financial Completes Guaranteed Universal Life Block Reinsurance Transaction With Somerset Re
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) announced today that it has successfully closed a reinsurance transaction for a portion of its guaranteed universal life block wit...
AM Best Assigns Issue Credit Rating to Prudential Financial, Inc.'s New Junior Subordinated Notes
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Long-Term Issue Credit Rating of “bbb” (Good) to the $1 billion, 6.5% fixed to fixed reset rate junior subordinated notes, due March 15, 2054, of...
Prudential and RGA entrusted to fulfill $5.9 billion in pension promises for Verizon
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) and Reinsurance Group of America, Incorporated (NYSE: RGA) have been selected in a pension risk transfer involving Verizon Communi...
Prudential Financial, Inc. to Redeem 5.20% Fixed-to-Floating Rate Junior Subordinated Notes due 2044
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) announced today that it will redeem all of the $500,000,000 outstanding aggregate principal amount of its 5.20% Fixed-to-Floating ...
Oregon youth honored as Prudential Emerging Visionary
Portland student will receive a $5,000 award and an invitation to the 2024 summit for his work addressing the challenges of a changing world. NEWARK, N.J.
Pennsylvania youth honored as Prudential Emerging Visionaries
Sewickley and Downingtown students will receive $5,000 awards and invitations to the 2024 summit for their work addressing the challenges of a changing world. NEWARK, N.J.
Tennessee youth honored as Prudential Emerging Visionary
Nashville student will receive a $5,000 award and an invitation to the 2024 summit for his work addressing the challenges of a changing world. NEWARK, N.J.
Texas youth honored as Prudential Emerging Visionaries
Nolanville and Houston students will receive $5,000 awards and invitations to the 2024 summit for their work addressing the challenges of a changing world. NEWARK, N.J.
New York youth honored as Prudential Emerging Visionaries
Buffalo and Pittsford students will receive $5,000 awards and invitations to the 2024 summit for their work addressing the challenges of a changing world. NEWARK, N.J.
North Carolina youth honored as Prudential Emerging Visionary
Winterville student will receive a $5,000 award and an invitation to the 2024 summit for his work addressing the challenges of a changing world. NEWARK, N.J.