PRU - Prudential Financial, Inc.
| Previous Close | 105.84 |
| Open | 105.76 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 105.76 - 107.89 |
| 52 Week Range | 97.88 - 127.14 |
| Volume | 1,413,342 |
| Avg. Volume | 2,238,445 |
| Market Cap | 45.171B |
| Beta | 1.51 |
| PE Ratio (TTM) | 6.00 |
| EPS (TTM) | 17.86 |
| Earnings Date | May 2, 2018 |
| Forward Dividend & Yield | 3.60 (3.43%) |
| Ex-Dividend Date | 2018-02-20 |
| 1y Target Est | 127.73 |
Market Realist•10 hours agoA Look at the PGIM Ultra-Short Bond ETF
PGIM, which distributes Prudential Financial’s (PRU) retail products, has introduced the PGIM Ultra-Short Bond ETF, an actively managed fund focusing on capital appreciation and income generation. The diversified fund aims to manage risk.
Market Realist•11 hours agoWhat Lies Ahead for Prudential Financial?
Prudential Financial (PRU) has a positive outlook for its 2017 results. Wall Street analysts’ high and low EPS (earnings per share) estimates for Prudential are $3.10 and $2.61, respectively, for 1Q18. Their average estimate of $2.97 implies a quarter-over-quarter and year-over-year rise. In comparison, peers (XLF) American International Group (AIG), MetLife (MET), and The Hartford (HIG) are expected to post EPS of $1.28, $1.17, and $1.09, respectively, in the March 2018 quarter.
- Reuters•3 days ago
MOVES-Prudential's PGIM names Ken Poliziani chief marketing officer
PGIM, the asset management arm of Prudential Financial, named Ken Poliziani as its first chief marketing officer. Poliziani was most recently chief marketing officer of the institutional and retirement ...
- Business Wire•3 days ago
Ken Poliziani named PGIM’s chief marketing officer, to lead global brand growth
PGIM today announced that Ken Poliziani has joined the firm as its first chief marketing officer. In his new role, Poliziani will be responsible for building on the strength and reputation of the overall PGIM brand as the company continues its global growth.
- Business Wire•3 days ago
Jersey City renews $208 million government plan with Prudential Retirement
Jersey City, the second-most-populous city in the U.S. state of New Jersey, will continue to utilize Prudential Retirement as the recordkeeper for its $208 million governmental retirement plan.
- Market Realist•8 days ago
How Berkshire’s Insurance Can Garner Growth in 1Q18
The insurance sector (IYF) has seen underwriting losses in 2H17 mainly due to higher claims resulting from hurricanes and other calamities. This has led to higher insurance revenues for many companies, including Berkshire Hathaway (BRK.B). Underwriting losses will largely depend upon claims arising in the upcoming quarters.
- Market Realist•8 days ago
What to Expect from Berkshire Hathaway’s 1Q18 Earnings
In 1Q18, Berkshire Hathaway (BRK.B) is expected to post EPS (earnings per share) of $3,115, a rise of 44% on a YoY (year-over-year) basis aided by lower taxes, targeted efficiencies in BNSF, and an expected decline in claims from its insurance business. Berkshire is expected to see a 9.9% fall in its top line to $58.7 billion in 1Q18 due to subdued growth in underwriting fees and the services sector. In 4Q17, Berkshire posted EPS of $2,029, which were affected by underwriting losses and the subdued performance of its energy subsidiary.
- Reuters•9 days ago
U.S. companies found ways to avoid taxes before tax bill: report
Fifteen U.S. corporations including online retailer Amazon.com Inc (AMZN.O), power company Duke Energy Corp (DUK.N) and insurer Prudential Financial Inc (PRU.N) avoided U.S. tax on nearly $25 billion in combined profits last year, a tax watchdog group said on Tuesday. A report by the Institute on Taxation and Economic Policy, or ITEP, said data showed how profitable Fortune 500 companies have routinely lowered their tax bills long before the Republican tax overhaul signed into law by President Donald Trump in December. The 15 corporations had profits of $24.5 billion in 2017 but managed to obtain nearly $1.4 billion in rebates from the U.S. Treasury for a combined tax rate of minus 5.6 percent, according to the ITEP report, which examined corporate income tax disclosures.
- Bloomberg•10 days ago
What to Watch for in U.S. Earnings Season
Quincy Krosby, Prudential Financial chief market strategist, discusses the outlook for equity markets and her investment strategy with Bloomberg's Vonnie Quinn and Shery Ahn on "Bloomberg Markets." ...
- Business Wire•10 days ago
PGIM Investments enters the active ETF market with fixed income strategy
PGIM Investments has entered the exchange-traded fund space with the launch of the PGIM Ultra Short Bond ETF . The fund is a diversified, fixed income, actively managed ETF that aims to deliver current income and capital appreciation with a focus on managing risk.
- Bloomberg•10 days ago
Prudential CEO Welcomes Xi's Comments on Opening Insurance
Michael Wells, chief executive officer at Prudential, discusses comments made by Chinese leadership and outlook for the insurance industry overall. He speaks with Stephen Engle on “Bloomberg Markets: European ...
- Business Wire•13 days ago
Prudential Short Duration High Yield Fund, Inc. Reports Unaudited Earnings and Financial Position for Quarter Ended February 28, 2018
Prudential Short Duration High Yield Fund, Inc. , a diversified, closed-end management investment company, announced today its unaudited investment results for the quarter ended February 28, 2018.
- Zacks•14 days ago
Moving Average Crossover Alert: Prudential Financial, Inc. (PRU)
Moving Average Crossover Alert: Prudential Financial, Inc. (PRU)
- Business Wire•14 days ago
PGIM Fixed Income announces leadership changes to its US bank loan team
PGIM Fixed Income today announced that Brian Juliano, managing director, will be named head of the U.S. bank loan portfolio management team upon the retirement of Joe Lemanowicz later this year.
- Bloomberg•15 days ago
$1.2 Trillion Asset Manager Isn't Worried About U.S.-China Trade Fight
Prudential Financial Inc.’s investment management arm, PGIM, is bullish on global stocks and likes emerging-market debt, even as the escalating conflict between the U.S. and China over trade rocks markets....
- Business Wire•22 days ago
Prudential Financial to Announce First Quarter 2018 Earnings; Schedules Conference Call
Prudential Financial, Inc. will release its first quarter 2018 earnings on Wednesday, May 2, 2018, after the market closes. The earnings news release, the financial supplement and related materials will be posted on the company's Investor Relations website at: investor.prudential.com.
- Simply Wall St.•23 days ago
Will Prudential Financial Inc’s (NYSE:PRU) Earnings Grow In The Year Ahead?
In December 2017, Prudential Financial Inc (NYSE:PRU) announced its latest earnings update. Overall, analyst consensus outlook seem bearish, as a -31.53% fall in profits is expected in the upcoming yearRead More...
- Business Wire•24 days ago
A.M. Best Assigns Issue Credit Ratings to Prudential Financial Inc.’s New Senior Unsecured Notes
A.M. Best has assigned Long-Term Issue Credit Ratings of “a-” to the newly issued senior unsecured notes of Prudential Financial, Inc. . The securities were issued in two tranches: $600 million 3.878% 10-year notes and $400 million 4.418% 30-year notes.
- Business Wire•24 days ago
Prudential develops innovative process with PIC to help small pensions de-risk
A collaborative effort between Prudential Retirement, a unit of Prudential Financial, Inc. , and Pension Insurance Corporation has created an innovative new approach for expediting longevity reinsurance transactions for smaller pension buy-ins and buy-outs.
- Moody's•28 days ago
Prudential Financial, Inc. -- Moody's rates Prudential's senior notes at Baa1; outlook positive
Moody's Investors Service has assigned a Baa1 debt rating to the anticipated issuance of up to $1 billion of 10-year and 30-year senior notes by Prudential Financial, Inc. ("Prudential"; NYSE: ...
- GlobeNewswire•29 days ago
Hispanicize Event Announces Winners of the Prudential 2018 Positive Impact Awards
MIAMI, March 22, 2018-- Hispanicize Event announced the winners of the 2018 Positive Impact Awards, presented by Prudential Financial, Inc. On its fifth-year anniversary, the awards celebrate Latino heroes ...
- PR Newswire•29 days ago
Alta Energy Completes Zero Energy Retrofit of Amenities Building at Santa Clara Office Park
Alta Energy's services enable owner to meet its goal of supplying 100% of the building's energy requirement with renewable energy generated on-site from 1.4MW solar power system. SAN MATEO, Calif., March 22, 2018 /PRNewswire/ -- Alta Energy, a sustainable energy advisory and procurement services provider, announced today the completion of a 1.4 MW solar parking canopy system at the Towers at Great America in Santa Clara, California, a Class A office property owned by investors advised by PGIM Real Estate. The solar power system will supply more than 100% of the energy consumed by the office property's amenities building, enabling it to qualify as an Emerging Zero Energy (ZE) building.
Markit•last monthSee what the IHS Markit Score report has to say about Prudential Financial Inc.
Prudential Financial Inc NYSE:PRU
- Zacks•last month
Avoid Prudential, Add These Insurance Stocks to Your Portfolio
We have narrowed down to three bullish stocks to leverage investors' portfolio with a suggestion to offload Prudential (PRU) at the moment.
- Bloomberg Video•10 days ago
What to Watch for in U.S. Earnings Season
Apr.10 -- Quincy Krosby, Prudential Financial chief market strategist, discusses the outlook for equity markets and her investment strategy with Bloomberg's Vonnie Quinn and Shery Ahn on "Bloomberg Markets."
