Prudential Financial, Inc. (PRU)

NYSE: PRU · Real-Time Price · USD
117.83
+2.36 (2.04%)
Dec 20, 2024, 4:00 PM EST - Market closed
2.04%
Market Cap 41.95B
Revenue (ttm) 72.97B
Net Income (ttm) 4.06B
Shares Out 356.00M
EPS (ttm) 11.26
PE Ratio 10.47
Forward PE 8.10
Dividend $5.20 (4.41%)
Ex-Dividend Date Nov 19, 2024
Volume 1,260,518
Open 114.98
Previous Close 115.47
Day's Range 114.37 - 118.80
52-Week Range 100.60 - 130.55
Beta 1.28
Analysts Hold
Price Target 126.33 (+7.21%)
Earnings Date Feb 4, 2025

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]

Sector Financials
Founded 1875
Employees 40,658
Stock Exchange NYSE
Ticker Symbol PRU
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for PRU stock is "Hold." The 12-month stock price forecast is $126.33, which is an increase of 7.21% from the latest price.

Price Target
$126.33
(7.21% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Prudential Financial Completes Guaranteed Universal Life Reinsurance Transaction With Wilton Re and Completes Internal Captive Restructure

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...

2 days ago - Business Wire

Prudential collaborates with Empathy to enhance workplace benefits with holistic bereavement support for families coping with loss

NEWARK, N.J.--(BUSINESS WIRE)--The loss of a loved one is a profoundly difficult time, and navigating the financial, legal, emotional and logistical challenges that follow can often be daunting. Prude...

2 days ago - Business Wire

2 Ideal Buys From 50 'Safer' Dividends In 100 December Sustainables

Calvert Research and Management ranked the 1,000 largest publicly traded companies by ESG performance, identifying the top 100 sustainable companies for 2024. Among 78 dividend paying sustainable comp...

Other symbols: AGRAPDAWKBACBALLBBYBEN
9 days ago - Seeking Alpha

Prudential Financial: The Buying Window Has Closed (For Now)

Since my last article, shares of Prudential Financial have moderately outperformed the S&P 500 index. The financial services giant has growth catalysts for the future. Prudential boasts A-rated corpor...

17 days ago - Seeking Alpha

Prudential Financial CEO Charles Lowrey to Step Down

Andrew Sullivan, head of international businesses and global investment management, will succeed him.

17 days ago - WSJ

Prudential Financial Board of Directors Elects Andrew Sullivan as Next CEO

NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) today announced that the Board of Directors has appointed Andrew Sullivan as its next CEO, effective March 31, 2025. Sullivan, who...

17 days ago - Business Wire

Acathia Capital Increases Stake in Swedish Savings Platform Futur

FRANKFURT, Germany--(BUSINESS WIRE)--Acathia Capital has signed its second GP-led secondary transaction thereby increasing its stake in Futur, Sweden's leading pension and savings platform. For this i...

17 days ago - Business Wire

Affirm and PGIM Fixed Income Expand Partnership with Completion of Private Purchase of $500 Million in Loans

SAN FRANCISCO--(BUSINESS WIRE)--Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and PGIM Fixed Income, a Prudential Financial (NYSE:...

Other symbols: AFRM
18 days ago - Business Wire

U.S. Financial Wellness Benefits Market Report 2024-2029 with Bank of America Merrill Lynch, Financial Finesse, Mercer, Prudential Financial, Virgin Pulse Leading the $1.21 Billion Market

The U.S. financial wellness benefits market is highly fragmented, with numerous top vendors and start-ups entering the space. These new entrants, including employee benefits providers offering EAPs, h...

23 days ago - GlobeNewsWire

15 stocks — including Palantir and Nvidia — whose sales estimates have risen the most this earnings season

Other companies whose consensus 2025 revenue estimates have increased the most include BlackRock and Coterra Energy.

25 days ago - Market Watch

100 November Sustainable Dividend Dogs: 50 'Safer' And 2 Ideal Buys

Calvert Research and Management ranked the 100 most sustainable companies based on over 230 ESG indicators, including workplace diversity and greenhouse-gas emissions. Eight of 78 dividend-paying sust...

Other symbols: AGRAWKBACBALLBBYBENCEG
5 weeks ago - Seeking Alpha

Prudential appoints Jacques Chappuis as president and chief executive officer of PGIM

NEWARK, N.J.--(BUSINESS WIRE)---- $PRU--Jacques Chappuis will lead PGIM, effective May 1, 2025. David Hunt will retire and stay on as chairman through July 2025.

6 weeks ago - Business Wire

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 December 12, 2024, to share...

6 weeks ago - Business Wire

Prudential Financial, Inc. (PRU) Q3 2024 Earnings Call Transcript

Prudential Financial, Inc. (NYSE:PRU) Q3 2024 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Bob McLaughlin - Vice President, Investor Relations Charlie Lowrey - Chairman ...

7 weeks ago - Seeking Alpha

Prudential Financial, Inc. Announces Third Quarter 2024 Results

NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) today reported third quarter results. Net income attributable to Prudential Financial, Inc. was $448 million ($1.24 per Common sha...

7 weeks ago - Business Wire

Prudential Financial Q3 2024 Earnings Preview: Growth Prospects Are Limited

Prudential Financial is expected to report positive Q3 2024 performance, but growth prospects are limited and shares are not undervalued. Revenue growth driven by individual retirement sales and posit...

7 weeks ago - Seeking Alpha

China approves BNP Paribas, Volkswagen joint venture, Prudential insurance unit

China has approved two more insurance units to be set up by BNP Paribas and Prudential Financial in a move to further open up the local insurance market to foreign companies.

2 months ago - Reuters

Prudential Financial: A 4.2% Dividend Yield & Growth In Both Insurance & Retirement Products

Prudential Financial offers a yield above 4% which beats key peers, and two quarters of YoY growth in insurance and annuities sales is a positive. The firm is among the top 5 in life insurance and has...

2 months ago - Seeking Alpha

Prudential Financial, Inc. to Announce Third Quarter 2024 Earnings; Schedules Conference Call

NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) will release its third quarter 2024 earnings on Wednesday, October 30, 2024, after the market closes. The earnings news release, t...

2 months ago - Business Wire

PGIM partners with iJoin to expand access to PGIM RetireWell™ Managed Accounts

NEWARK, N.J.--(BUSINESS WIRE)--New offering raises the bar on personalized advice at scale to help savers reach retirement goals.

2 months ago - Business Wire

Studies by Aflac and Prudential Financial address the impact of paid leave in the workplace

COLUMBUS, Ga. , Sept. 25, 2024 /PRNewswire/ -- Nearly 3 out of 4 American workers say they experienced stress and anxiety while covering for a coworker on paid/extended leave,1 according to dual studi...

Other symbols: AFL
3 months ago - PRNewsWire

Prudential Financial: H1 2024 Earnings Support Its Income Appeal

Prudential Financial, Inc. has shown solid operating performance in H1 2024, with strong sales growth and good cost control, but its shares are fairly valued. The company's growth prospects are limite...

3 months ago - Seeking Alpha

Prudential Financial introduces Stop Loss Insurance

NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) has introduced a Stop Loss Insurance product aimed at helping protect companies with self-funded employee medical plans against ca...

3 months ago - Business Wire

Prudential Financial, Inc. (PRU) KBW Insurance Conference (Transcript)

Prudential Financial, Inc. (NYSE:PRU) KBW Insurance Conference September 4, 2024 10:50 AM ET Company Participants Charlie Lowrey - Chairman and CEO Conference Call Participants Ryan Krueger - Managin...

3 months ago - Seeking Alpha

Prudential: Solid Results Increase Likeliness Of Continued Dividend Raises

Prudential recently reported their Q2 earnings that reinforced solid segment growth in US and International markets. PRU has a dividend yield of about 4.5% and manages to maintain a high rate of divid...

4 months ago - Seeking Alpha