PRU - Prudential Financial, Inc.

NYSE - NYSE Delayed Price. Currency in USD
99.30
-0.30 (-0.30%)
At close: 4:00PM EDT

99.30 0.00 (0.00%)
After hours: 5:40PM EDT

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Previous Close99.60
Open99.56
Bid97.25 x 800
Ask99.64 x 2200
Day's Range99.10 - 100.47
52 Week Range75.61 - 106.64
Volume1,596,323
Avg. Volume1,899,887
Market Cap40.316B
Beta (3Y Monthly)1.55
PE Ratio (TTM)11.59
EPS (TTM)8.57
Earnings DateJul 31, 2019
Forward Dividend & Yield4.00 (4.02%)
Ex-Dividend Date2019-05-24
1y Target Est112.19
Trade prices are not sourced from all markets
  • Prudential (PRU) is a Top Dividend Stock Right Now: Should You Buy?
    Zacks13 hours ago

    Prudential (PRU) is a Top Dividend Stock Right Now: Should You Buy?

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Prudential (PRU) have what it takes? Let's find out.

  • Financial Jobs Aren’t Just in New York
    Bloomberg3 days ago

    Financial Jobs Aren’t Just in New York

    (Bloomberg Opinion) -- There were 755,436 people working in financial activities in the New York metropolitan area last year, more than twice as many as in the next-biggest area for such jobs, metro Los Angeles. But this amounted to just 8% of New York-area jobs. There are other metropolitan areas where finance makes up a much larger share of employment than that.What the location quotient numbers in the above chart mean, basically, is that in Bloomington, you’re almost four times as likely to encounter people who work in finance as in the country as a whole, and more than 2 1/2 times as likely to encounter them as in the nation’s financial capital. Which makes sense, given that the small Illinois city (2018 metro area population: 188,597) is the home base of insurance giant State Farm; Country Financial, another large insurance and financial group, is also headquartered there. A whopping 22% of the area’s jobs are in financial activities (nationwide, the percentage is 5.6%).Related: Where Microbrewery Jobs Are OverflowingBig insurers explain a lot about these rankings: There’s Principal Financial Group Inc. in Des Moines (along with 80 other insurance and financial services companies); the Hartford Financial Services Group Inc., Cigna Corp. and Aetna (since late last year a subsidiary of CVS Health Corp.) in and around Hartford; Mutual of Omaha in Omaha; USAA in San Antonio. In Sioux Falls, the specialty is credit cards — Citibank famously moved its card operations to the city in 1981 to take advantage of new South Dakota laws that allowed it to charge higher interest rates, and both Citibank and Wells Fargo are now officially based there (their parent companies, Citigroup Inc. and Wells Fargo & Co., are not). The Phoenix, Jacksonville, Omaha, Tampa, San Antonio, Salt Lake City and Dallas areas also all house big financial-services back-office operations. Bridgeport-Stamford-Norwalk — aka Fairfield County, Connecticut — has insurance and investment banking but also a lot of hedge funds, which helps explain why it has the nation’s highest financial-sector average annual wage, at $244,083.Just to round things out, Dubuque has the headquarters of Heartland Financial USA Inc., which owns community banks in 12 states; a Prudential Retirement call center; and a couple of local financial institutions. Birmingham is home to two sizable regional banks, Regions Financial Corp. and Banco Bilbao Vizcaya Argentaria SA subsidiary BBVA Compass. Oh, and New York has some financial institutions, too.Financial activities as defined by the Bureau of Labor Statistics include real estate and rental and leasing, which doesn’t entirely square with what most of us think of as finance. But when I narrowed things down to finance and insurance, Des Moines and Sioux Falls disappeared from the statistics, as the BLS often suppresses local data “to protect the identity, or identifiable information, of cooperating employers.” And I hated the idea of leaving out Des Moines and Sioux Falls, as anyone would.Still, it’s worth redoing the above exercise with a couple of narrower categories that accord better with the notion of high finance. Here are the 10 metropolitan areas with the highest employment location quotients for investment banking and securities dealing:OK, Durham-Chapel Hill was a bit of a surprise at the top of this list; the main explanation seems to be that Credit Suisse Group NA’s Raleigh campus, the firm’s second-largest office in the Americas, is not in Raleigh but in nearby Durham County. Still, the location quotients for metro New York and neighboring Fairfield County stand out, too, and in absolute terms there are seven times as many investment banking jobs in the New York area as in No. 2 metro Chicago. In other words, the commanding heights of investment banking in the U.S. are mostly where everybody thinks they are — although the pay is highest in the San Francisco area, where the investment bankers who take tech companies public tend to work.Finally, here’s the top 10 for portfolio management:It’s obviously no shock to see Bridgeport-Stamford-Norwalk in the top spot, although that location quotient really is something. Santa Fe, the U.S. metropolitan area with the most-altitudinous central city, at 7,199 feet (2,194 meters), is a little less obvious. The most famous hedge fund in town (Prediction Company, started in 1991 by a couple of physicists affiliated with the Santa Fe Institute) shut down last year, but a number of other money managers and private equity funds are located there, presumably because their founders like mountain air and art. The Virginia college town of Charlottesville exerts a similar if damper appeal; my Bloomberg Opinion colleague Joe Nocera wrote about the doings of a hedge fund kingpin there in March.There’s a clear wage divide on this list between places where money managers cluster, driving average pay above $300,000 a year, and those where the great majority of jobs are in administration, customer service and the like, such as metro Philadelphia, home to the largest mutual fund complex, Vanguard Group Inc. The Terre Haute metropolitan area clearly fits in the latter category,  although it’s not clear where those 147 portfolio management employees work. Terre Haute-based First Financial Corp. is the area’s biggest financial services employer by far, but it’s chiefly a banking company.The point here, other than just taking advantage of the fun data that the BLS releases every three months from the Quarterly Census of Employment and Wages, is that while the standard picture of a U.S. financial sector concentrated in and around New York isn’t all wrong, there are other places around the U.S. that depend even more on financial services jobs to pay the bills.Coming Sunday: A booming local health-care industry isn’t always a good thing.To contact the author of this story: Justin Fox at justinfox@bloomberg.netTo contact the editor responsible for this story: Brooke Sample at bsample1@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Justin Fox is a Bloomberg Opinion columnist covering business. He was the editorial director of Harvard Business Review and wrote for Time, Fortune and American Banker. He is the author of “The Myth of the Rational Market.”For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Here’s who America’s CEOs are backing in the Democratic presidential race
    MarketWatch4 days ago

    Here’s who America’s CEOs are backing in the Democratic presidential race

    It’s still early days in the race to become the Democratic Party’s 2020 presidential nominee, but a few CEOs of S&P 500 companies already have been voting with their wallets.

  • Employee programs that combine lifestyle and financial wellness benefits may yield healthier, less-stressed workers, Prudential study finds
    Business Wire4 days ago

    Employee programs that combine lifestyle and financial wellness benefits may yield healthier, less-stressed workers, Prudential study finds

    Employers who provide traditional health and wellness offerings alongside financial wellness benefits are likely to reap the benefits of a healthier workforce. Research unveiled by Prudential Financial, Inc.

  • Here’s What Hedge Funds Think About Prudential Financial Inc (PRU)
    Insider Monkey5 days ago

    Here’s What Hedge Funds Think About Prudential Financial Inc (PRU)

    Based on the fact that hedge funds have collectively under-performed the market for several years, it would be easy to assume that their stock picks simply aren't very good. However, our research shows this not to be the case. In fact, when it comes to their very top picks collectively, they show a strong ability […]

  • Business Wire6 days ago

    Legacy Lives On: One Solution and Prudential Documentary Highlights New Pathways to Financial Freedom and Financial Wellness for Black Americans

    One Solution, the leading branded content division of Urban One, and Prudential Financial, Inc., a leader in financial services, have partnered to create Legacy Lives On, a new 45-minute original documentary created to spark conversations about our relationships with money and the journey to financial wellness in the black community. The film is presented by Prudential and One X, the full-service content studio of One Solution. Legacy Lives On, which premieres Wednesday, June 19, 2019, examines the legacy of money in the black community as told through the stories of three millennial women—from Tulsa, Detroit and Atlanta—who, despite historic and present-day barriers, are discovering the path for financial wellness for themselves and creating a legacy for their families and communities.

  • Markit7 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 * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate 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 | PositiveETF activity is positive. Over the last month, ETFs holding PRU are favorable, with net inflows of $8.95 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. 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.

  • Money lessons parents aren't teaching their kids
    Yahoo Finance13 days ago

    Money lessons parents aren't teaching their kids

    Are you worried your parents didn’t teach you enough about money? You’re not alone. Nearly one in four adults in the U.S. -- 24%, according to the study -- say their parents didn’t give them any sort of financial education growing up, according to a new report.

  • Business Wire13 days ago

    Prudential Financial, Inc. 2019 Financial Strength Symposium presentation materials and live webcast available

    Presentation materials for the Prudential Financial, Inc. conference are now available at Prudential's Investor Relations website, investor.prudential.com. The conference begins on Wednesday, June 12, 2019 at 2:00 p.m.

  • Springfield Clinic partners with Prudential to oversee $300 million in retirement assets
    Business Wire13 days ago

    Springfield Clinic partners with Prudential to oversee $300 million in retirement assets

    Springfield Clinic, the second largest multispecialty clinic in Illinois, chose Prudential Retirement as record keeper for its defined contribution retirement plans. Prudential Retirement is a business unit of Prudential Financial, Inc.

  • Bloomberg13 days ago

    Britain’s Banking Upstarts Vulnerable to a Downturn, BOE Finds

    (Bloomberg) -- Britain’s upstart financial firms are ill-prepared for an economic downturn or a messy Brexit, according to the Bank of England.

  • Top Stock Reports for Intel, Altria & Stryker
    Zacks14 days ago

    Top Stock Reports for Intel, Altria & Stryker

    Top Stock Reports for Intel, Altria & Stryker

  • Can Value Investors Pick Prudential Financial (PRU) Stock?
    Zacks14 days ago

    Can Value Investors Pick Prudential Financial (PRU) Stock?

    Prudential Financial (PRU) stock may be a good choice for value-oriented investors right now from multiple angles.

  • PGIM names Cameron Lochhead global head of institutional relationships
    Business Wire14 days ago

    PGIM names Cameron Lochhead global head of institutional relationships

    Cameron Lochhead has been named global head of PGIM’s Institutional Relationship Group, dedicated to deepening strong relationships with institutional clients and continuing to grow PGIM’s reputation for superior client service.

  • New Groping Claim at Lloyd's of London Agent Deepens Scandal
    Bloomberg14 days ago

    New Groping Claim at Lloyd's of London Agent Deepens Scandal

    One was accused of groping colleagues at a booze-fueled party, the other of stalking a junior employee. The first executive was said to have grabbed one colleague’s buttocks, unbuttoned another’s shirt and made lewd sexual remarks at a party for employees of Tokio Marine Kiln Group Ltd., one of the largest so-called managing agents at the Lloyd’s exchange, according to people familiar with the matter. The alleged incidents came to light amid the fallout from a Bloomberg Businessweek article about endemic sexual misconduct in the Lloyd’s of London insurance market.

  • MET or AIG: Which Multi-Line Insurer Looks More Attractive?
    Zacks15 days ago

    MET or AIG: Which Multi-Line Insurer Looks More Attractive?

    Here we take a look at whether MET or AIG is better poised in the multi-line insurance industry, which is benefiting from rate increase, business diversification and product innovation.

  • Business Wire19 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 April 30, 2019

    PGIM Global High Yield Fund, Inc. , , a diversified, closed-end management investment company, announced today its unaudited investment results for the quarter ended April 30, 2019.

  • 76ers Owners Expand Esports Empire With Clutch Gaming Purchase
    Bloomberg19 days ago

    76ers Owners Expand Esports Empire With Clutch Gaming Purchase

    The deal values Clutch Gaming, which owns one of the coveted slots in Riot Games Inc.’s domestic League of Legends circuit, at more than $30 million, according to two people familiar with the terms. 76ers owners Harris Blitzer Sports & Entertainment will merge Clutch with Dignitas, a gaming franchise acquired in 2016, and create a new umbrella esports organization with the Rockets as a minority partner, according to a statement Thursday.

  • Business Wire20 days ago

    Prudential Financial, Inc. 2019 Investor Day presentation materials and live webcast available

    Presentation materials for the Prudential Financial, Inc. conference for institutional investors and analysts are now available at Prudential's Investor Relations website, investor.prudential.com.

  • Dividend Hunters Should Consider Prudential Financial, Inc. (NYSE:PRU), With A 4.3% Yield
    Simply Wall St.22 days ago

    Dividend Hunters Should Consider Prudential Financial, Inc. (NYSE:PRU), With A 4.3% Yield

    Prudential Financial, Inc. (NYSE:PRU) is a true Dividend Rock Star. Its yield of 4.3% makes it one of the market's top...

  • Prudential (PRU) Down 6% Since Last Earnings Report: Can It Rebound?
    Zacks25 days ago

    Prudential (PRU) Down 6% Since Last Earnings Report: Can It Rebound?

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

  • Business Wire26 days ago

    PGIM High Yield Bond Fund, Inc. and PGIM Global High Yield Fund, Inc. declare distributions for June, July and August 2019

    PGIM High Yield Bond Fund, Inc. and PGIM Global High Yield Fund, Inc. declared today monthly distributions for June, July and August 2019. The distribution

  • Business Wire26 days ago

    Prudential Financial, Inc. to Hold 2019 Investor Day in Newark; Live Webcast to be Available

    Prudential Financial, Inc. (PRU) will hold a conference for institutional investors and analysts on Wednesday, June 5, 2019. On that date beginning at 1:00 p.m. and ending at approximately 5:00 p.m. ET, the general public is invited to access a live webcast and accompanying presentation materials on the Investor Relations website at investor.prudential.com. A replay of the conference will also be available on the Investor Relations website through June 19, 2019.