Profile
Sector:
Financial ServicesIndustry:
Insurance - LifeCountry:
Hong KongIPO:
29 June 2000Website:
http://www.prudentialplc.comNext earnings report:
20 March 2025Last dividends:
06 September 2024Next dividends:
N/APrice
after hours | 23 min agoAnalysts recommendations
Institutional Ownership
PUK Latest News
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) today reported third quarter results. Net income attributable to Prudential Financial, Inc. was $448 million ($1.24 per Common share) for the third quarter of 2024, compared to a net loss of $802 million ($2.23 per Common share) for the third quarter of 2023. After-tax adjusted operating income was $1.260 billion ($3.48 per Common share) for the third quarter of 2024, compared to $1.332 billion ($3.62 per Common share) for th.
Prudential Financial is expected to report positive Q3 2024 performance, but growth prospects are limited and shares are not undervalued. Revenue growth driven by individual retirement sales and positive net flows in asset management, with expected revenues of $14.7 billion. Net income anticipated to be $1.2 billion, with a strong ROE of 14%, and a stable dividend yield of 4.1%.
Prudential Financial offers a yield above 4% which beats key peers, and two quarters of YoY growth in insurance and annuities sales is a positive. The firm is among the top 5 in life insurance and has a diversified business model across the scope of life insurance and retirement. The valuation presents a mixed picture as the stock is undervalued to key peers on forward P/E but overvalued on EV/EBITDA.
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) has introduced a Stop Loss Insurance product aimed at helping protect companies with self-funded employee medical plans against catastrophic medical claim payouts. With Stop Loss Insurance, employers can set a cap on their potential employee healthcare spend and transfer some of the claims volatility to The Prudential Insurance Company of America. “Self-funding medical plans can be a great way to save money and gain more cont.
Investors who already have PRU stock in their portfolio should retain it as this insurance behemoth is unlikely to disappoint.
Prudential's update comes as shares sit at a 12-year low, with economic headwinds in China among key issues
Prudential recently reported their Q2 earnings that reinforced solid segment growth in US and International markets. PRU has a dividend yield of about 4.5% and manages to maintain a high rate of dividend growth. The payout ratio remains healthy and can support future raises. There will soon be an influx of retirees from Gen Z. This can be an opportunity for PRU to continue growing their base assets under management and increase segment revenues.
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc., has launched Prudential Momentum IUL℠, a new indexed universal life product issued by Pruco Life Insurance Company and Pruco Life Insurance Company of New Jersey (in NY) that provides the financial resiliency in growth and protection that customers need to withstand changing life events. “Prudential is committed to providing our customers with the solutions they need to adapt and keep up with life's opportunities and challenges,” says R.
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) will participate in the 2024 KBW Insurance Conference on Wednesday, September 4, 2024. On that day at approximately 10:50 a.m. ET, Charles Lowrey, chairman and CEO, will participate in an analyst-led fireside chat. Interested parties may listen to the presentation through a live audio webcast on Prudential Financial's Investor Relations website at investor.prudential.com. Please log on at least 15 minutes early to register, d.
Prudential PLC announced a $2 billion share-repurchase program Sunday, starting with a $700 million tranche.
What type of business is Prudential?
Prudential plc, through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa. The company was founded in 1848 and is headquartered in Central, Hong Kong.
What sector is Prudential in?
Prudential is in the Financial Services sector
What industry is Prudential in?
Prudential is in the Insurance - Life industry
What country is Prudential from?
Prudential is headquartered in Hong Kong
When did Prudential go public?
Prudential initial public offering (IPO) was on 29 June 2000
What is Prudential website?
https://www.prudentialplc.com
Is Prudential in the S&P 500?
No, Prudential is not included in the S&P 500 index
Is Prudential in the NASDAQ 100?
No, Prudential is not included in the NASDAQ 100 index
Is Prudential in the Dow Jones?
No, Prudential is not included in the Dow Jones index
When was Prudential the previous earnings report?
No data
When does Prudential earnings report?
The next expected earnings date for Prudential is 20 March 2025