|Bid||56.29 x 800|
|Ask||56.99 x 1800|
|Day's range||54.87 - 56.93|
|52-week range||38.62 - 103.56|
|Beta (5Y monthly)||1.72|
|PE ratio (TTM)||7.75|
|Earnings date||04 Aug 2020|
|Forward dividend & yield||4.40 (7.82%)|
|Ex-dividend date||22 May 2020|
|1y target est||68.31|
PlanSource, a leading provider of cloud-based benefits software, announced today that Prudential will join PlanSource Boost, a program created to modernize the benefits experience through optimized benefits shopping, simplified billing, preferred pricing and real-time API integrations. Through Boost, PlanSource is optimizing the employee shopping and enrollment experience for the products offered by Boost carriers, incorporating best practices and relevant content to help consumers select the benefits that are right for them.
Not only are they confronted with the drag on earnings from a 0% interest rate environment, the industry is also faced with unprecedented financial hardships caused by the novel coronavirus pandemic. Brian Duperreault, CEO of American International Group, said in early May that COVID-19 will be "the single largest CAT [catastrophic] loss the industry has ever seen." Prudential Financial (NYSE: PRU) trails both with a decline of about 43% this year, through Thursday's close.
Prudential Financial, Inc. (NYSE: PRU) announced today the declaration of a quarterly dividend of $1.10 per share of Common Stock, payable on June 18, 2020, to shareholders of record at the close of business on May 26, 2020.
What will the world look like after the coronavirus? When global lockdowns end, as families and communities recover, new opportunities and challenges will emerge for companies—and investors—around the world as they navigate the economic, social and political shifts brought on by the pandemic, according to research from PGIM Inc., the $1.3 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).
Representing Prudential on today's call are Charlie Lowrey, Chairman and CEO; Rob Falzon, Vice Chairman; Andy Sullivan, Head of U.S. Businesses; Scott Sleyster, Head of International Businesses; Ken Tanji, Chief Financial Officer; and Rob Axel, Controller and Principal Accounting Officer. Today's presentation may include forward-looking statements.
Prudential (PRU) Q1 results reflect lower contributions from Prudential Global Investment Management U.S. Individual Solutions, U.S. Workplace Solutions and International Businesses
Prudential Financial, Inc. (NYSE: PRU) today reported first quarter results. Net loss attributable to Prudential Financial, Inc. was $271 million ($0.70 per Common share) for the first quarter of 2020, compared to net income of $932 million ($2.22 per Common share) for the first quarter of 2019. After-tax adjusted operating income was $939 million ($2.32 per Common share) for the first quarter of 2020, compared to $1.259 billion ($3.00 per Common share) for the first quarter of 2019.
Prudential Financial (PRU) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Prudential (PRU) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Prudential's (PRU) first-quarter performance is likely to have benefited from growth in asset-based businesses, and solid international operations.
New Jersey will continue to battle the coronavirus outbreak for the foreseeable future, Gov. Phil Murphy told Yahoo Finance, who argued the state will need vast federal support in order to plug the fiscal “hole” created by shutdown orders.
Prudential (PRU) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MEXICO CITY, April 13, 2020 -- Terrafina (”TERRA”) (BMV: TERRA13), a leading Mexican industrial real estate investment trust (“FIBRA”), externally advised by PGIM Real Estate.
KB Financial Group Inc has signed a share purchase agreement to buy a 100% stake in Prudential Financial Inc's South Korean unit for 2.3 trillion won ($1.89 billion), the group said in a filing on Friday. The deal marks the No.1 U.S. life insurer's exit from the South Korean market after 30 years. Prudential had hired Goldman Sachs to review a possible sale of the unit, a South Korean newspaper reported in November.
Prudential Financial, Inc. (NYSE:PRU) announced today that it has entered into a definitive agreement with KB Financial Group Inc. (KB), a Korean financial services provider, to sell The Prudential Life Insurance Company of Korea, Ltd.
Prudential Financial, Inc. (NYSE: PRU) will release its first quarter 2020 earnings on Tuesday, May 5, 2020, 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.
Terrafina (”TERRA”) (TERRA13.MX), a leading Mexican industrial real estate investment trust (“FIBRA”), externally advised by PGIM Real Estate and dedicated to the acquisition, development, lease and management of industrial real estate properties in Mexico, announced today the drawdown of US$150 million of its revolving credit line maturing in January 2023, with an interest rate of Libor + 245 basis points and without prepayment penalty fees. Terrafina is very well positioned to face the possible negative impacts on its operations due to the COVID-19 pandemic. The Company has a robust balance sheet and a solid base of multinational tenants, mainly engaged in manufacturing for export to the United States, whose dollar income generation provides stability to the business.
The future of the investment management industry depends on the performance of one asset above all else—human capital. With an eye toward building the next generation of analysts, accountants and portfolio managers, PGIM Inc., the $1.3 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU), has entered into a multiyear sponsorship with the CFA Institute Research Challenge to provide mentorship, funding and online learning resources.
PGIM High Yield Bond Fund, Inc. (NYSE: ISD) (the "Fund"), a diversified, closed-end management investment company, announced today its unaudited investment results for the quarter ended February 29, 2020.