PRU - Prudential Financial, Inc.

NYSE - NYSE Delayed Price. Currency in USD
89.96
-4.28 (-4.54%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close94.24
Open93.11
Bid87.00 x 800
Ask92.00 x 2200
Day's Range89.91 - 93.37
52 Week Range75.61 - 108.92
Volume3,712,215
Avg. Volume2,276,883
Market Cap36.794B
Beta (3Y Monthly)1.42
PE Ratio (TTM)9.47
EPS (TTM)9.50
Earnings DateMay 1, 2019
Forward Dividend & Yield4.00 (4.24%)
Ex-Dividend Date2019-02-19
1y Target Est107.87
Trade prices are not sourced from all markets
  • GlobeNewswire3 days ago

    Point Raises $122 Million in New Funding

    Point, the first financial technology platform that allows homeowners to unlock their home equity wealth without taking on new debt, announced today that it has secured $122 million in new funding. The company added $22 million in Series B equity funding led by Prudential Financial (PRU) and DAG Ventures, with participation from existing investors including Andreessen Horowitz, Ribbit Capital, and Bloomberg Beta.

  • Bloomberg9 days ago

    Michael Snyder, Managing Director at MacKay Shields, Dies at 55

    Snyder was a New York-based senior portfolio manager for the high-yield unit at MacKay Shields where he helped manage more than $23 billion in leveraged loan investments and high-yield bonds, according to his LinkedIn profile. “The consummate professional, Michael was a terrific partner and his sharp mind, analytical rigor and deep commitment to the high yield team, the firm and our clients will be greatly missed,” Jeffrey Phlegar, chief executive officer at Mackay Shields, said in a statement.

  • The Wall Street Journal9 days ago

    [$$] Life Was Short for Longevity Gains

    The great gains in life expectancy as people gave up smoking and treatments for heart disease improved have run their course. In the U.K., at least, longevity has gone into reverse. The trend will boost earnings for some U.S. insurers, too, over time.

  • What India's Top Three Mutual Funds Bought and Sold in February
    Bloomberg11 days ago

    What India's Top Three Mutual Funds Bought and Sold in February

    Stock funds took in a net 51.3 billion rupees ($736 million), a 17 percent drop over January, data from the Association of Mutual Funds in India show. India’s largest money manager held 1.3 trillion rupees in equities, with financials accounting for about 32 percent of stock assets followed by industrial companies at 14 percent. The money manager held equity assets of 1.1 trillion rupees, with financials making up 27 percent of assets followed by energy at 10 percent.

  • Markit11 days ago

    See what the IHS Markit Score report has to say about Prudential Financial Inc.

    Prudential Financial Inc NYSE:PRUView full report here! Summary * Perception of the company's creditworthiness is neutral * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is extremely low for PRU with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting PRU. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold PRU had net inflows of $2.49 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. PRU credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Former TARP watchdog: 'No question' that banks will need another bailout
    Yahoo Finance11 days ago

    Former TARP watchdog: 'No question' that banks will need another bailout

    Neil Barofsky, who oversaw the $700 billion bailout fund, says regulatory rollbacks will inevitably force the government to bail out more "too big to fail" firms in the next crisis.

  • Business Wire12 days ago

    PGIM Global High Yield Fund, Inc. (Formerly PGIM Global Short Duration High Yield Fund, Inc.) Reports Unaudited Earnings and Financial Position for Quarter Ended January 31, 2019

    PGIM Global High Yield Fund, Inc. , , a diversified, closed-end management investment company, announced today its unaudited investment results for the quarter ended January 31, 2019.

  • Business Wire12 days ago

    Jennison Associates fixed income team hires portfolio manager Dmitri Rabin

    Dmitri Rabin will join the fixed income team of Jennison Associates as a managing director and portfolio manager, effective March 12, 2019. Rabin brings 18 years of investment experience to the role, specializing in mortgages and structured finance.

  • Prudential (PRU) Up 3.1% Since Last Earnings Report: Can It Continue?
    Zacks15 days ago

    Prudential (PRU) Up 3.1% Since Last Earnings Report: Can It Continue?

    Prudential (PRU) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Business Wire15 days ago

    PGIM Short Duration High Yield Fund, Inc. and PGIM Global Short Duration High Yield Fund, Inc. announce investment policy changes, name changes and an increase in monthly distributions for March, April and May 2019

    PGIM Short Duration High Yield Fund, Inc. and PGIM Global Short Duration High Yield Fund, Inc. announced today that the Board of Directors of the Funds have approved a change to the investment policy for each fund, effective today.

  • What Should You Know About Prudential Financial, Inc.’s (NYSE:PRU) Future?
    Simply Wall St.15 days ago

    What Should You Know About Prudential Financial, Inc.’s (NYSE:PRU) Future?

    The latest earnings release Prudential Financial, Inc.'s (NYSE:PRU) announced in December 2018 showed that the business endured a significant headwind with earnings deteriorating by -48%. Below, I've presented key growthRead More...

  • GlobeNewswire18 days ago

    Factors of Influence in 2019, Key Indicators and Opportunity within Prudential Financial, SemGroup, SiteOne Landscape Supply, Avon Products, QEP Resources, and GTT Communications — New Research Emphasizes Economic Growth

    NEW YORK, March 05, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.

  • Jennison Associates hires Peter Latara as managing director
    Business Wire19 days ago

    Jennison Associates hires Peter Latara as managing director

    Peter W. Latara has joined Jennison Associates as a managing director and relationship manager, effective Feb. 25, 2019. The role will include a focus on both sales as well as client service.

  • Business Wire23 days ago

    Prudential Financial, Inc. to Participate in 2019 RBC Financial Institutions Conference; Live Audio Webcast Available

    Prudential Financial, Inc. will participate in the RBC Capital Markets Financial Institutions Conference in New York, NY on Wednesday, March 13, 2019. On that day at approximately 9:20 a.m.

  • For GE, Potential Land Mines Linger in Insurance
    Bloomberg24 days ago

    For GE, Potential Land Mines Linger in Insurance

    The proceeds from that deal are earmarked for debt reduction, which means GE will needs to come up with the cash for the remaining insurance contributions elsewhere. One reason the charge was so small is because GE recorded a $1.9 billion benefit to its reserve margin related to its assumptions around the interest rate calculations used to estimate its future policy benefit reserves, known as the discount rate. That more than offset a $1.2 billion hit from a more pessimistic outlook on morbidity improvement – i.e., the extent to which claimants who are functionally limited will get better and stop needing the insurance benefits. Without the change in rate assumptions, GE likely would have faced a much more material charge, which would have cast a harsher pall on the lack of 2019 guidance.We’re now learning more about what drove that outlook for higher investment yields.

  • Business Wire25 days ago

    Prudential Financial recognized as one of the World’s Most Ethical Companies by the Ethisphere Institute for fifth consecutive year

    Prudential Financial, Inc. (NYSE: PRU) has been named a 2019 World’s Most Ethical Company by the Ethisphere® Institute, a global leader in defining and advancing the standards of ethical business practices. This is the fifth consecutive year that Prudential has received this recognition, which is awarded to organizations that demonstrate a culture of ethics and transparency at every level. “Supported by our collaborative culture and focus on superior execution, we strive to make people’s lives better by solving the financial challenges of our changing world,” said Prudential CEO Charles Lowrey.

  • Business Wire26 days ago

    AM Best Assigns Issue Credit Rating to Prudential Financial, Inc.’s New Senior Unsecured Notes

    AM Best has assigned a Long-Term Issue Credit Rating of “a-” to the newly issued senior unsecured notes of Prudential Financial, Inc. . The $1 billion 4.35% 31-year notes were issued under PFI’s medium-term note program.

  • After-tax emergency savings in retirement plans can help workers build a safety net
    Business Wire26 days ago

    After-tax emergency savings in retirement plans can help workers build a safety net

    As America Saves Week kicks off Feb. 25, Prudential Financial, Inc. is calling on employers to consider adding an after-tax emergency savings feature to their 401 plans to help workers save for unexpected expenses.

  • PGIM Real Estate completes $12 billion in 2018 transactions worldwide
    Business Wire26 days ago

    PGIM Real Estate completes $12 billion in 2018 transactions worldwide

    PGIM Real Estate completed approximately $12 billion in transactions worldwide in 2018 on behalf of institutional and high net worth investors, including investments in real estate equity and debt, and property dispositions.

  • Prudential's $1 Trillion Asset Manager PGIM Working on Deals
    Bloomberglast month

    Prudential's $1 Trillion Asset Manager PGIM Working on Deals

    PGIM is talking to several firms about potential acquisitions, David Hunt, chief executive officer of the business that manages more than $1 trillion, said in an interview in New York. The company is interested in buying bolt-on units that would expand offerings in areas such as private credit, real assets or non-U.S. businesses, rather than large-scale acquisitions, he said. An eventual economic slowdown could trigger more asset-management deals, as disagreements on valuations have so far held back transactions, Hunt said.

  • Prudential Capital Group appoints Debra Hemsey to Prudential Capital Energy Partners
    Business Wirelast month

    Prudential Capital Group appoints Debra Hemsey to Prudential Capital Energy Partners

    Prudential Capital Group has appointed Debra Hemsey as managing director of Prudential Capital Energy Partners , the middle-market energy mezzanine fund business sponsored by Prudential Capital Group.

  • Interested In Prudential Financial, Inc. (NYSE:PRU)’s Upcoming US$1.00 Dividend? You Have 2 Days Left
    Simply Wall St.last month

    Interested In Prudential Financial, Inc. (NYSE:PRU)’s Upcoming US$1.00 Dividend? You Have 2 Days Left

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! If you are interested in cashing inRead More...

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    The Zacks Analyst Blog Highlights: Disney, Eli Lilly, U.S. Bancorp, Prudential and Alexion

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