PRU - Prudential Financial, Inc.
| Previous Close | 101.610 |
| Open | 101.770 |
| Bid | 102.890 x 1100 |
| Ask | 102.910 x 800 |
| Day's Range | 101.720 - 102.990 |
| 52 Week Range | 95.830 - 127.140 |
| Volume | 346,391 |
| Avg. Volume | 2,051,112 |
| Market Cap | 42.93B |
| Beta | 1.51 |
| PE Ratio (TTM) | 5.72 |
| EPS (TTM) | 17.858 |
| Earnings Date | Aug 1, 2018 |
| Forward Dividend & Yield | 3.60 (3.54%) |
| Ex-Dividend Date | 2018-05-21 |
| 1y Target Est | 123.25 |
- Bloomberg•5 days ago
Don’t Rely on Markets to Plug Pension Shortfall, Prudential Says
Prudential Financial Inc. has a warning for the more than half of S&P 500 companies that have underfunded pensions: Waiting for the market to ease the pain of that shortfall won’t help. A typical pension-plan sponsor has “virtually no chance of earning its way to fully funded status,” meaning the company will have to put more money into the retirement plan, according to a report from the life insurer. Taking an average plan that is 84 percent funded and building in various assumptions about asset allocation and returns, Prudential found there’s less than a 1 percent chance the employer will get to 100 percent in four years without making any contributions.
- Simply Wall St.•5 days ago
3 Days Left Before Prudential Financial Inc (NYSE:PRU) Will Start Trading Ex-Dividend, Should Investors Buy?
On the 14 June 2018, Prudential Financial Inc (NYSE:PRU) will be paying shareholders an upcoming dividend amount of $0.9 per share. However, investors must have bought the company’s stock beforeRead More...
Market Realist•8 days agoHow Analysts Rate Prudential Financial
Of the 19 analysts that are covering Prudential Financial (PRU), six analysts suggest a “strong buy,” and eight suggest a “hold” on the stock. The remaining five analysts recommend a “buy” on Prudential Financial. Of the 18 analysts that tracked Prudential Financial in April 2018, five had suggested a “buy,” and seven suggested a “hold” on the stock.
- Market Realist•8 days ago
How Prudential Financial’s Valuations Stack Up Compared to Peers
The price-to-book ratio of Prudential Financial (PRU) stood at 0.85x on an NTM (next-12-month) basis, which is lower than the peer average of 1.22x. Competitors Travelers Companies (TRV), Hartford Financial Services (HIG), and MetLife (MET) have price-to-book ratios of 1.42x, 1.37x, and 0.89x, respectively, on an NTM basis.
- Market Realist•8 days ago
Analyzing Prudential’s Life Planner Division’s Performance
Prudential Financial’s (PRU) Life Planner operations saw adjusted operating income of $416 million in 1Q18, while in 1Q17 it was $408 million. This rise also includes the benefits from currency fluctuations. However, after excluding these benefits, the increase stood at $7 million mainly due to operations in Brazil as well as Japan.
- Market Realist•11 days ago
How Prudential’s Investment Management Division Performed in 1Q18
Prudential Financial’s (PRU) Investment Management division generated adjusted operating income of $232 million in 1Q18, while in 1Q17 it was $196 million. The performance of this segment depends primarily on the average assets under management (or AUM), which are primarily affected by fluctuations in the markets.
- Market Realist•11 days ago
How Prudential’s US Workplace Solutions Division Fared in 1Q18
Prudential Financial’s (PRU) US Workplace Solutions division is further divided into two segments: Retirement Group Insurance
Market Realist•11 days agoHow Prudential’s US Individual Solutions Division Performed
Prudential Financial (PRU) released its 1Q18 earnings results on May 2. The company’s US Individual Solutions division is further divided into two segments: Individual Life Individual Annuities
- GlobeNewswire•11 days ago
Analysis: Positioning to Benefit within InnerWorkings, Planet Fitness, Huntington Bancshares, Univar, Expedia, and Prudential Financial — Research Highlights Growth, Revenue, and Consolidated Results
NEW YORK, May 11, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of InnerWorkings, ...
- CNBC•12 days ago
French insurer Axa finds tepid appetite for US business as IPO comes up $1 billion short
Axa Equitable priced at $20 and began trading Thursday at the NYSE at $19.75. The IPO raised $2.75 billion, making it the biggest U.S. IPO this year but it still fell short of Axa's targeted range. Axa CS-FR 's $15.3 billion takeover of global property casualty firm XL Group was a monster deal in the insurance world, but Paris-based Axa's plan to pay for the acquisition has come up short.
Market Realist•13 days agoBerkshire’s Insurance Segment Benefits From Fewer Claims
In 1Q18, Berkshire Hathaway’s (BRK.B) insurance revenue fell YoY (year-over-year) to $14.6 billion from $22.9 billion, mainly due to Berkshire Hathaway Reinsurance Group revenue falling $9.7 billion as a result of scaling back amid operating losses. This fall was partially offset by growth in GEICO, Berkshire Hathaway Primary Group, and investment income.
- Market Realist•13 days ago
Why Berkshire Hathaway’s Investments Declined in 1Q18
Berkshire Hathaway (BRK.B) announced its 1Q18 results on May 4. During the quarter, its operating profit rose 49% YoY (year-over-year) to $5.3 billion, boosted by insurance, BNSF Railway, and operating efficiency. However, it posted an overall loss of $1.1 billion, mainly due to changes in accounting rules to accommodate mark-to-market gains or losses in quarterly earnings. Berkshire Hathaway CEO Warren Buffett has expressed concerns about the new rules, expecting wild swings in profits every quarter.
- Business Wire•13 days ago
Hawaii renews agreement with Prudential Retirement to manage $2.4 billion plan
State of Hawaii officials informed Prudential Retirement that Hawaii has renewed its contract with Prudential to oversee its State of Hawaii Deferred Compensation Plan totaling nearly $2.4 billion in retirement assets.
- Business Wire•13 days ago
Tussle between globalization, nationalism creates new risks for investors, PGIM says
The escalating tussle between globalization and nationalism could have profound implications for global financial markets, traditional investment frameworks and developed market geopolitical risk analysis, says a new report from PGIM, Inc., the investment management business of Prudential Financial, Inc.
- ACCESSWIRE•13 days ago
Technical Insights on Genworth Financial and Three more Insurance Stocks
Pre-market today, WallStEquities.com reviews these four Life Insurance stocks: Genworth Financial Inc. (NYSE: GNW), ING Groep N.V. (NYSE: ING), Principal Financial Group Inc. (NASDAQ: PFG), and Prudential Financial Inc. (NYSE: PRU) All you have to do is sign up today for this free limited time offer by clicking the link below.
- Business Wire•13 days ago
Prudential and PIC reach sixth longevity reinsurance agreement amid surging demand for pension de-risking
Prudential Retirement, a unit of Prudential Financial, Inc. (NYSE: PRU), and Pension Insurance Corporation plc (PIC), have struck their sixth longevity reinsurance transaction since 2015. The Prudential Insurance Company of America (PICA) assumes the longevity risk for £900 million (about $1.2 billion) in pension liabilities, representing approximately 7,500 pensioners across two pension schemes. This agreement signals strong demand for longevity reinsurance in the U.K., especially as a result of the growing desire among companies to de-risk their pensions.
- Business Wire•14 days ago
Prudential Financial Declares Quarterly Dividend on Common Stock
Prudential Financial, Inc. announced today the declaration of a quarterly dividend of $0.90 per share of Common Stock, payable on June 14, 2018, to shareholders of record at the close of business on May 22, 2018.
- Thomson Reuters StreetEvents•14 days ago
Edited Transcript of PRU earnings conference call or presentation 3-May-18 3:00pm GMT
Q1 2018 Prudential Financial Inc Earnings Call
- Business Wire•15 days ago
Financial wellness program popularity rises among employers, up 63 percentage points in two years
Growing awareness of how financial wellness programs benefit employees has driven rapid growth in plan adoption among employers. Now, they say big data could help measure results, customize programs and fill remaining gaps, according to a survey from Prudential’s Workplace Solutions Group, a business unit of Prudential Financial, Inc. (NYSE: PRU). Prudential’s 10th survey of employee benefits, Benefits and Beyond: Employer Perspectives on Financial Wellness, finds the percentage of employers offering financial wellness programs rose to 83 percent, up from 20 percent in the survey two years earlier.
Associated Press•18 days agoStocks jump, with Buffett helping Apple to new highs
NEW YORK (AP) — U.S. stocks made up for a shaky week with a strong finish Friday as Apple led a rally in technology companies. The tech giant hit an all-time high after Warren Buffett said he'd made another big investment.
- Motley Fool•18 days ago
3 Value Stocks Perfect for Retirement
Discount to its valuation. Strong business with solid prospects. Above-average dividend. Three very different companies that share these important value traits.
- Zacks•19 days ago
Prudential (PRU) Q1 Earnings Top, Revenues Miss Estimates
Prudential (PRU) Q1 earnings reflect improved performances at Investment Management Division and International Insurance.
- Reuters•20 days ago
MetLife quarterly profit rises 8 pct, helped by tax reform, Asia growth
MetLife Inc reported an 8 percent rise in adjusted first-quarter profit on Wednesday, boosted by U.S. tax reforms, as well as volume growth in Asia and better results in auto and catastrophe businesses. Analysts were expecting a quarterly profit of $1.17 per share, on average, according to Thomson Reuters I/B/E/S. It was not immediately clear if the numbers were comparable. MetLife shares rose 2.3 percent to $46.10 in afterhours trading.
- Associated Press•20 days ago
Prudential: 1Q Earnings Snapshot
The Newark, New Jersey-based company said it had profit of $3.14 per share. Earnings, adjusted for non-recurring gains, were $3.08 per share. The results topped Wall Street expectations. The average estimate ...
- Reuters•20 days ago
Prudential tops profit estimates on strength in annuities business
Prudential Financial Inc posted a better-than-expected quarterly adjusted profit on Wednesday as the insurer earned more fees from its annuities business. Prudential, the largest U.S. life insurer by assets, earned $1.34 billion, or $3.08 per share, in adjusted operating profit after-tax for the first quarter ended March 31, up from $1.24 billion, or $2.79 per share, a year earlier. Analysts had expected $2.98 per share, according to Thomson Reuters I/B/E/S.
