Prudential Financial, Inc. (PRU)
| Market Cap | 35.00B |
| Revenue (ttm) | 64.36B |
| Net Income (ttm) | 1.13B |
| Shares Out | 363.00M |
| EPS (ttm) | 3.01 |
| PE Ratio | 32.03 |
| Forward PE | 7.44 |
| Dividend | $5.00 (5.19%) |
| Ex-Dividend Date | Aug 21, 2023 |
| Volume | 1,184,676 |
| Open | 97.13 |
| Previous Close | 96.97 |
| Day's Range | 96.25 - 97.48 |
| 52-Week Range | 75.37 - 110.96 |
| Beta | 1.41 |
| Analysts | Hold |
| Price Target | 100.64 (+4.38%) |
| Earnings Date | Oct 31, 2023 |
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 Annuities, Individual Life, Assurance IQ, and International Businesses segments. The company 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 stra... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for PRU stock is "Hold." The 12-month stock price forecast is $100.64, which is an increase of 4.38% from the latest price.
News
Prudential partners with EvolutionIQ to help disability insurance claimants recover and return to work
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) has made a new strategic partnership with EvolutionIQ, a technology company with an artificial intelligence-driven platform that w...
Prudential Financial empowering and rewarding young people for turning ideas into impact
The Prudential Emerging Visionaries program honors young changemakers for solving social and financial challenges in their communities. NEWARK, N.J.
Prudential, Warburg Pincus lead $1B equity investment in Prismic Life Reinsurance
Prudential Financial Inc. PRU, -0.04% said late Thursday it has teamed up with private-equity firm Warburg Pincus to lead a $1 billion equity investment in Prismic Life Reinsurance Ltd., a new Class E...
Prudential Financial, Inc. and Warburg Pincus announce launch of Prismic Life Re
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) (Prudential) and Warburg Pincus today announced the launch of Prismic Life Reinsurance, Ltd. (Prismic), a licensed Class E Bermuda...
Prudential Financial elects Kathleen Murphy to Board of Directors
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) announced today that Kathleen Murphy has been elected to the Board of Directors as an independent director, effective September 11...
PGIM bolsters alternatives franchise with the appointment of Eric Adler to lead newly formed PGIM Private Alternatives
NEWARK, N.J.--(BUSINESS WIRE)--PGIM, the $1.27 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU), has appointed Eric Adler as president and CEO of PGIM Private A...
Prudential Financial, Inc. to Participate in 2023 Barclays Global Financial Services Conference; Live Webcast Available
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) will participate in the 2023 Barclays Global Financial Services Conference on Wednesday, September 13, 2023. On that day at approx...
5 Undervalued Stocks To Secure Your High Yield Portfolio
The insurance industry faces many headwinds post-COVID normalization among them. While the headwinds continue to blow, the takeaway for investors is that insurance stocks are lightly valued, they prod...
A Star in the Making: Nationwide Search Yields Four Finalists in ‘Prudential Stages on Broadway Brought to You by Playbill' Contest
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) announced today that four aspiring artists have been selected to receive an all-expenses-paid trip to NYC and perform with Broadwa...
2 Insurance Stocks Poised For Major Breakouts
Two major players in the insurance and financial management sector are currently showing indications of a trend shift, setting the stage for a significant breakout. The recent price movements and the ...
Prudential Showcases 19-Year-Old Ethan Quinn Making His Professional Tennis Debut and Thinking About
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc.
These 20 dividend-paying stocks get a double boost from declining interest rates
Bonds will do well if U.S. interest rates decline in coming months. What you may not appreciate is that dividend-paying stocks are likely to do even better.
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 $1.25 per share of Common Stock, payable on September 14, 2023, to shar...
Insurer Prudential Financial's profit rises on strong gains in U.S. unit
Prudential Financial on Tuesday reported a 21.5% rise in second-quarter adjusted profit as the insurer's U.S. unit benefited from a higher net investment spread and more favorable underwriting.
Prudential Financial, Inc. Announces Second Quarter 2023 Results
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) today reported second quarter results. Net income attributable to Prudential Financial, Inc. was $511 million ($1.38 per Common sh...
You can still run with the stock market's bulls, but watch the exits
The stock market, as measured by the S&P 500 Index SPX, -0.64%), has been moving upward. The U.S. benchmark index is essentially crawling up the higher “modified Bollinger Bands” (mBB), which is a bi...
PGIM launches AAA CLO ETF (PAAA) and short duration multi-sector ETF (PSDM)
NEWARK, N.J.--(BUSINESS WIRE)--PGIM, the $1.2 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU) has launched the PGIM AAA CLO ETF (NYSE Arca: PAAA), offering ret...
Prudential Financial to Reinsure $12.5B Guaranteed Universal Life Block with Somerset Re
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) announced today an agreement to reinsure a portion of its guaranteed universal life block with Somerset Re, resulting in approxima...
Prudential Financial issues 2022 Sustainability Report
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) has released its annual sustainability report, providing a comprehensive overview of the company's efforts to deliver sustainable ...
Prudential Financial signs on as title sponsor for Brick City HBCU Kickoff Classic at Red Bull Arena
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial has signed on as the title sponsor for the Brick City HBCU Kickoff Classic, which features Grambling State University and Hampton University kicking...
Prudential and Nayya partner to bring personalized benefits to millions of American employees
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) announced today it has formed a strategic partnership with Nayya, a leading benefits experience platform, to harness artificial in...
PGIM Private Capital provides nearly $6.7B of senior debt and junior capital globally in 1H 2023
CHICAGO--(BUSINESS WIRE)--PGIM Private Capital provided nearly $6.7 billion of senior debt and junior capital to more than 120 middle-market companies and projects globally in the first half of 2023. ...
Prudential Financial, Inc. to Announce Second Quarter 2023 Earnings; Schedules Conference Call
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) will release its second quarter 2023 earnings on Tuesday, August 1, 2023, after the market closes. The earnings news release, the ...
Prudential Financial appoints Nandini Mongia as president, Open-Architecture Solutions
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) announced today that it has appointed Nandini Mongia, currently senior vice president and treasurer, as president of Prudential Op...
US appeals court revives Prudential shareholder case
A U.S. appeals court on Tuesday partly revived a shareholder lawsuit against Prudential Financial Inc alleging the insurer concealed a shortfall with its individual life insurance policy reserves in 2...