
Prudential Financial, Inc. (NYSE:PRU – Free Report) – DOWLING & PARTN issued their FY2026 EPS estimates for shares of Prudential Financial in a research note issued on Wednesday, May 20th. DOWLING & PARTN analyst J. Hurwitz expects that the financial services provider will earn $14.00 per share for the year. The consensus estimate for Prudential Financial’s current full-year earnings is $13.82 per share. DOWLING & PARTN also issued estimates for Prudential Financial’s FY2027 earnings at $14.85 EPS and FY2028 earnings at $16.05 EPS.
Several other analysts also recently issued reports on PRU. Keefe, Bruyette & Woods boosted their price objective on Prudential Financial from $100.00 to $106.00 and gave the stock a “market perform” rating in a report on Wednesday, May 13th. Zacks Research downgraded Prudential Financial from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 29th. Bank of America cut their price objective on Prudential Financial from $112.00 to $104.00 and set a “neutral” rating on the stock in a report on Tuesday, April 14th. Mizuho boosted their price objective on Prudential Financial from $96.00 to $101.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Finally, BMO Capital Markets cut their price objective on Prudential Financial from $91.00 to $87.00 and set an “underperform” rating on the stock in a report on Thursday, April 23rd. Nine research analysts have rated the stock with a Hold rating and six have issued a Sell rating to the stock. According to data from MarketBeat, Prudential Financial presently has a consensus rating of “Reduce” and a consensus target price of $101.50.
Prudential Financial Price Performance
Shares of NYSE PRU opened at $102.71 on Wednesday. Prudential Financial has a twelve month low of $91.89 and a twelve month high of $119.76. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $35.64 billion, a price-to-earnings ratio of 10.57, a PEG ratio of 1.89 and a beta of 0.86. The firm has a 50-day moving average of $98.25 and a two-hundred day moving average of $104.56.
Prudential Financial (NYSE:PRU – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The financial services provider reported $3.61 earnings per share for the quarter, beating analysts’ consensus estimates of $3.09 by $0.52. Prudential Financial had a net margin of 5.83% and a return on equity of 16.33%. The company had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $14.10 billion. During the same period in the prior year, the company earned $3.29 EPS.
Hedge Funds Weigh In On Prudential Financial
A number of large investors have recently made changes to their positions in the business. Sunflower Bank N.A. increased its holdings in shares of Prudential Financial by 3.2% in the 4th quarter. Sunflower Bank N.A. now owns 2,911 shares of the financial services provider’s stock valued at $329,000 after purchasing an additional 91 shares during the period. Wetzel Investment Advisors Inc. increased its holdings in shares of Prudential Financial by 0.9% in the 4th quarter. Wetzel Investment Advisors Inc. now owns 10,022 shares of the financial services provider’s stock valued at $1,131,000 after purchasing an additional 94 shares during the period. CIBC Private Wealth Group LLC increased its holdings in shares of Prudential Financial by 0.3% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 28,795 shares of the financial services provider’s stock valued at $2,987,000 after purchasing an additional 97 shares during the period. Transcend Capital Advisors LLC increased its holdings in shares of Prudential Financial by 2.4% in the 4th quarter. Transcend Capital Advisors LLC now owns 4,175 shares of the financial services provider’s stock valued at $471,000 after purchasing an additional 98 shares during the period. Finally, Mindset Wealth Management LLC increased its holdings in shares of Prudential Financial by 2.1% in the 3rd quarter. Mindset Wealth Management LLC now owns 4,781 shares of the financial services provider’s stock valued at $496,000 after purchasing an additional 100 shares during the period. Institutional investors and hedge funds own 56.83% of the company’s stock.
Prudential Financial Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Tuesday, May 26th will be issued a $1.40 dividend. The ex-dividend date is Tuesday, May 26th. This represents a $5.60 dividend on an annualized basis and a dividend yield of 5.5%. Prudential Financial’s dividend payout ratio is currently 57.61%.
About Prudential Financial
Prudential Financial, Inc, headquartered in Newark, New Jersey, is a diversified financial services company with roots dating to 1875. The firm provides a range of insurance, retirement and investment products aimed at helping individual and institutional clients manage risk, accumulate and protect wealth, and plan for retirement. Prudential’s long history in life insurance and related financial services has positioned it as a major participant in the U.S. insurance market and a provider of services to a broad client base.
Prudential’s core business activities include individual life insurance, annuities, retirement solutions and group insurance products for employers.
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