PRU - Prudential Financial, Inc.
| Previous Close | 107.07 |
| Open | 107.54 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 106.40 - 107.70 |
| 52 Week Range | 97.88 - 127.14 |
| Volume | 1,540,346 |
| Avg. Volume | 2,237,459 |
| Market Cap | 45.154B |
| Beta | 1.51 |
| PE Ratio (TTM) | 5.99 |
| 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•17 hours ago
What Analysts Are Saying about Prudential Financial
What Lies Ahead for Prudential Financial? Of the 18 analysts covering Prudential Financial (PRU) in April 2018, six have recommended “strong buy,” five have recommended “buy,” and seven have recommended “hold.” There were no “strong sell” or “sell” recommendations.
Market Realist•2 days agoPrudential Financial’s Views on 1Q18 Earnings
Prudential Financial’s (PRU) 4Q17 results were boosted by the Tax Cuts and Jobs Act. During the quarter, it had EPS (earnings per share) of $2.69, while peers (XLF) MetLife (MET), American International Group (AIG), and The Hartford (HIG) had EPS of $0.64, $0.57, and $0.81, respectively.
- Market Realist•2 days ago
Prudential’s Asset Management Business
Prudential Financial’s (PRU) asset management business is overseen by PGIM. According to the company, its asset management business has a strong revenue base. The company generates asset management fees from different asset classes. In 2017, 45% of the company’s asset management fees were from public fixed income, 8% were from private fixed income and equity, 17% were from real estate assets, 25% were from public equity, and 5% were from commercial mortgages.
Market Realist•2 days agoWhat Prudential Has in Mind for US Workplace Solutions
Prudential Financial’s (PRU) US Workplace Solutions division comprises two businesses: Group Insurance Retirement
- Market Realist•3 days ago
What Prudential’s Planning for Its Investment Management Business
What Lies Ahead for Prudential Financial? Insurance giant Prudential Financial’s (PRU) investment management business saw its operating income rise to $306 million in 4Q17 from $224 million in 4Q16, boosted by performance, transactions, commercial mortgages, and strategic investing. This positive momentum was offset by asset management fees increasing due to higher AUM (assets under management).
Market Realist•3 days agoPrudential’s International Insurance Aims to Expand Reach
In 4Q17, Prudential Financial’s (PRU) life planner operations’ adjusted operating income fell to $383 million from $395 million in 4Q16 due to foreign currency exchange, policies, and increased expenses. In 4Q17, life planner operations’ claims were in line with expectations. The international insurance division’s adjusted operating income rose to $777 million in 4Q17 from $755 million in 4Q16.
- Market Realist•3 days ago
Prudential’s Individual Annuities and Life Business
Prudential Financial’s (PRU) individual annuities segment’s adjusted operating income rose by $119 million to $541 million in 4Q17 from $422 million in 4Q16. However, this amount includes the impact of significant items. If this impact is excluded, its operating income rose $103 million, boosted by policy fees.
Market Realist•3 days 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•3 days 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•6 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•6 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•6 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•11 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•11 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•12 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•12 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•13 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•13 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•16 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•17 days ago
Moving Average Crossover Alert: Prudential Financial, Inc. (PRU)
Moving Average Crossover Alert: Prudential Financial, Inc. (PRU)
- Business Wire•17 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•18 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•25 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.•26 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...
- Bloomberg Video•12 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."
