PRU - Prudential Financial, Inc.
| Previous close | 56.57 |
| Open | 56.60 |
| Bid | 56.29 x 800 |
| Ask | 56.99 x 1800 |
| Day's range | 54.87 - 56.93 |
| 52-week range | 38.62 - 103.56 |
| Volume | 3,307,934 |
| Avg. volume | 4,206,160 |
| Market cap | 22.231B |
| Beta (5Y monthly) | 1.72 |
| PE ratio (TTM) | 7.75 |
| EPS (TTM) | 7.27 |
| Earnings date | 04 Aug 2020 |
| Forward dividend & yield | 4.40 (7.82%) |
| Ex-dividend date | 22 May 2020 |
| 1y target est | 68.31 |
- Zacks
Prudential (PRU) Unit Inks Strategic Deal With PlanSource
Prudential (PRU) expands partnership with PlanSource to optimize benefits shopping and enrollment experience.
- GlobeNewswire
Prudential Expands Partnership and Joins PlanSource Boost to Create a Modern Benefits Experience
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.
- Motley Fool
Is Prudential Financial a Buy?
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.
- Business Wire
Prudential Financial Declares Quarterly Dividend on Common Stock
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.
- Business Wire
After coronavirus lockdown, businesses must navigate four major structural changes: PGIM
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).
- Motley Fool
Prudential Financial Inc (PRU) Q1 2020 Earnings Call Transcript
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.
- Zacks
Prudential (PRU) Q1 Earnings and Revenues Miss Estimates (revised)
Prudential (PRU) Q1 results reflect lower contributions from Prudential Global Investment Management U.S. Individual Solutions, U.S. Workplace Solutions and International Businesses
- Associated Press
Correction: Earns-Prudential story
- Business Wire
Prudential Financial, Inc. Announces First Quarter 2020 Results
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.
- Zacks
Should You Buy Prudential Financial (PRU) Ahead of Earnings?
Prudential Financial (PRU) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- Zacks
Will Prudential (PRU) Beat Estimates Again in Its Next Earnings Report?
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.
- Zacks
Prudential (PRU) to Report Q1 Earnings: What's in Store?
Prudential's (PRU) first-quarter performance is likely to have benefited from growth in asset-based businesses, and solid international operations.
- Yahoo Finance
NJ's Murphy sees coronavirus persisting, says 'deep relationship' with feds needed
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.
- Zacks
Analysts Estimate Prudential (PRU) to Report a Decline in Earnings: What to Look Out for
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.
- GlobeNewswire
Terrafina Announces That the Annual Ordinary and Extraordinary Meetings of the Holders of the Certificates Identified With Ticker Symbol "TERRA 13" Originally Scheduled for April 15, 2020 Have Been Postponed
MEXICO CITY, April 13, 2020 -- Terrafina (”TERRA”) (BMV: TERRA13), a leading Mexican industrial real estate investment trust (“FIBRA”), externally advised by PGIM Real Estate.
- Zacks
Prudential (PRU) to Sell Korea Unit to Streamline Business
Prudential (PRU) agreed to sell its South Korea-based insurance arm to KB Financial for $1.9 billion.
- Reuters
KB Financial Group acquires Prudential's South Korean unit for $1.89 billion
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.
- Business Wire
Prudential Financial, Inc. to sell Prudential of Korea to KB Financial Group for US $1.9 billion
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.
- Yahoo Finance
How Newark is helping small business offset the coronavirus effect
The fight to stop Covid-19 in Newark, New Jersey while helping small businesses.
- Business Wire
Prudential Financial, Inc. to Announce First Quarter 2020 Earnings; Schedules Conference Call
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.
- GlobeNewswire
TERRAFINA TAPS US$150 MILLION FROM ITS REVOLVING CREDIT FACILITY TO STRENGTHEN LIQUIDITY POSITION
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.
- Business Wire
PGIM supports career development with CFA Institute Global Research Challenge sponsorship
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.
- Business Wire
PGIM High Yield Bond Fund, Inc. Reports Unaudited Earnings and Financial Position for Quarter Ended February 29, 2020
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.
- Zacks
Will Low Interest Rates Create a Headwind for Prudential?
Lower interest rates are expected to adversely impact Prudential (PRU), resulting in declining net premiums earned.
