Prudential Financial Inc Stock Research

Market Summary

USD77.58+0.35

Market Closed

0.45%

PRU Alerts

1 major insider sales recently.
Big fall in Revenue (Y/Y)
Big fall in earnings (Y/Y)
Losses in recent quarter

PRU Stock Price

PRU RSI Chart

PRU Valuation

Market Cap

38.7B

Price/Earnings (Trailing)

125.56

Price/Sales (Trailing)

0.61

EV/EBITDA

36.84

Price/Free Cashflow

4.24

PRU Price/Sales (Trailing)

PRU Profitability

EBT Margin

-2.96%

Return on Equity

-8.85%

Return on Assets

-0.21%

Free Cashflow Yield

23.56%

PRU Fundamentals

PRU Revenue

Revenue (TTM)

60.0B

Revenue Y/Y

-18.81%

Revenue Q/Q

-34.89%

PRU Earnings

Earnings (TTM)

-1.4B

Earnings Y/Y

-146.19%

Earnings Q/Q

-96.48%

Price Action

52 Week Range

75.37118.31

(Low)(High)

Last 7 days

-5.6%

Last 30 days

-21.1%

Last 90 days

-22.1%

Trailing 12 Months

-32.6%

PRU Financial Health

PRU Investor Care

Dividend Yield

6.19%

Dividend/Share (TTM)

4.8

Buy Backs (1Y)

3.63%

Diluted EPS (TTM)

-3.93

Peers (Alternatives to Prudential Financial)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MET	42.3B	69.9B	-23.30%	-20.83%	16.68	0.61	-1.66%	-61.26%
PRU	38.7B	60.0B	-21.12%	-32.57%	125.56	0.61	-15.34%	-118.62%
TRV	38.3B	36.9B	-11.40%	-9.04%	13.47	1.04	5.94%	-22.39%
RE	24.1B	12.1B	-9.20%	18.91%	40.37	2	1.63%	-56.71%
ATH	17.0B	7.6B	-	-	-9.57	0.74	-71.04%	-207.85%
GL	11.2B	5.2B	-11.45%	6.68%	15.18	2.15	2.00%	-0.71%
MID-CAP
PRI	6.0B	2.7B	-2.33%	23.20%	16.04	2.2	0.38%	-0.09%
LNC	3.5B	18.8B	-35.95%	-67.83%	-1.57	0.19	-2.32%	-258.51%
AEL	3.0B	1.4B	-13.79%	-10.97%	2.45	2.12	-61.63%	157.59%
BHF	2.8B	8.5B	-27.13%	-20.78%	565.21	0.33	18.64%	104.63%
GNW	2.4B	7.5B	-20.83%	27.35%	3.86	0.31	-4.15%	-32.63%
SMALL-CAP
VERY	116.0M	101.8M	5.64%	57.38%	-6.85	1.14	-19.68%	11.97%
AAME	50.7M	192.4M	3.75%	-12.01%	16.13	0.26	-8.30%	-76.65%
NSEC	41.4M	66.1M	0.80%	56.55%	-121.51	0.63	-2.59%	95.15%

Financials for Prudential Financial

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	-4.9%	60,050	63,140	64,301	67,197	70,934
Operating Expenses	-83.0%	3,608	21,235	-	-	-
S&GA Expenses	-2.4%	12,493	12,801	13,129	13,478	13,582
EBITDA	-101.9%	-56.00	2,915	6,044	9,585	-
EBITDA Margin	99.9%	0.00*	-1.27*	0.09*	0.14*	-
Earnings Before Taxes	-646.5%	-1,776	325	2,568	5,852	9,381
EBT Margin	-674.6%	-0.03*	0.01*	-1.12*	0.09*	-
Interest Expenses	8.0%	1,596	1,478	-	-	-
Net Income	-566.9%	-1,438	308	2,122	4,877	7,724
Net Income Margin	-590.9%	-0.02*	0.00*	-0.93*	0.07*	-
Free Cahsflow	-43.4%	5,158	9,113	10,252	13,110	-

Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	1.8%	689,917	677,756	695,599	878,066	937,582
Cash Equivalents	-14.2%	17,251	20,104	14,359	14,086	12,888
Liabilities	1.8%	672,709	660,576	666,681	833,388	874,974
LT Debt, Non Current	0.1%	19,908	19,898	19,612	19,689	18,622
Shareholder's Equity	-1.5%	16,250	16,502	28,918	44,678	61,876
Retained Earnings	-2.9%	33,392	34,399	35,137	36,159	36,652
Additional Paid-In Capital	0.2%	25,747	25,707	25,661	25,659	25,732
Minority Interest	41.3%	958	678	683	700	732

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	-43.4%	5,158	9,113	10,252	13,110	9,812
Cashflow From Investing	25.1%	-7,638	-10,201	-11,744	-11,323	-5,342
Cashflow From Financing	7.4%	4,933	4,591	1,120	-1,915	-3,011
Dividend Payments	0.3%	1,817	1,811	1,809	1,809	1,814
Buy Backs	-1.8%	1,488	1,516	2,000	2,505	2,500

Risks for PRU

What is the probability of a big loss on PRU?

73.5%

Probability that Prudential Financial stock will be more than 20% underwater in next one year

23.1%

Probability that Prudential Financial stock will be more than 30% underwater in next one year.

19.2%

Probability that Prudential Financial stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does PRU drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Prudential Financial was unfortunately bought at previous high price.

Drawdowns

Returns for PRU

Cumulative Returns on PRU

6.5%

10-Year Cumulative Returns

5.6%

7-Year Cumulative Returns

-0.7%

5-Year Cumulative Returns

23.5%

3-Year Cumulative Returns

What are the long-term rolling returns for PRU?

FIve years rolling returns for Prudential Financial.

Annualized Returns

Which funds bought or sold PRU recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-15	B. Riley Wealth Advisors, Inc.	added	15.75	388,630	1,528,630	0.04%
2023-03-10	VICTORY CAPITAL MANAGEMENT INC	reduced	-13.92	-133,348	69,354,700	0.08%
2023-03-08	Capital Asset Advisory Services LLC	reduced	-14.02	27,565	801,565	0.06%
2023-03-07	Great Lakes Retirement, Inc.	new	-	622,285	622,285	0.16%
2023-03-06	Rockefeller Capital Management L.P.	reduced	-7.91	1,891,000	29,757,000	0.15%
2023-03-03	TIAA, FSB	reduced	-3.63	41,437	398,437	-%
2023-03-02	OLIVER LAGORE VANVALIN INVESTMENT GROUP	unchanged	-	4,811	34,811	0.02%
2023-03-02	LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA	new	-	61,168	61,168	-%
2023-03-01	Regal Investment Advisors LLC	added	25.99	131,493	418,493	0.04%
2023-02-28	Voya Investment Management LLC	added	1.00	1,932,370	13,230,400	0.02%

Latest Funds Activity

Are funds buying PRU calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own PRU

No. of Funds

Prudential Financial News

Schedule 13G FIlings of Prudential Financial

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2023	vanguard group inc	8.59%	31,611,999	SC 13G/A
Jan 25, 2023	blackrock inc.	9.0%	33,259,797	SC 13G/A
Feb 03, 2022	blackrock inc.	8.4%	31,718,312	SC 13G/A
Feb 10, 2021	vanguard group inc	8.00%	31,668,435	SC 13G/A
Jan 29, 2021	blackrock inc.	8.3%	32,986,506	SC 13G/A
Feb 12, 2020	vanguard group inc	8.25%	33,168,857	SC 13G/A
Feb 05, 2020	blackrock inc.	7.9%	31,743,594	SC 13G/A
Jan 27, 2020	wellington management group llp	4.98%	20,016,489	SC 13G/A

PRU Fair Value

Recent SEC filings of Prudential Financial

View All Filings

Date Filed	Form Type	Document
Mar 23, 2023	ARS	ARS
Mar 23, 2023	DEF 14A	DEF 14A
Mar 20, 2023	4	Insider Trading
Mar 20, 2023	4	Insider Trading
Mar 20, 2023	4	Insider Trading
Mar 20, 2023	4	Insider Trading
Mar 20, 2023	4	Insider Trading
Mar 20, 2023	4	Insider Trading
Mar 20, 2023	4	Insider Trading
Mar 20, 2023	4	Insider Trading

Latest Insider Trading transactions for PRU

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-03	SULLIVAN ANDREW F	sold	-409,299	99.2	-4,126	executive vice president
2023-02-28	Feeney Caroline	acquired	-	-	3,944	executive vice president
2023-02-28	TANJI KENNETH	acquired	-	-	6,156	evp and cfo
2023-02-28	SCHMIDT TIMOTHY L	acquired	-	-	3,489	senior vice president
2023-02-28	Axel Robert	sold (taxes)	-50,200	100	-502	svp and controller
2023-02-28	Axel Robert	acquired	-	-	1,437	svp and controller
2023-02-28	FALZON ROBERT	sold (taxes)	-781,900	100	-7,819	evp and vice chairman
2023-02-28	KAPPLER ANN M	acquired	-	-	3,439	evp and general counsel
2023-02-28	Woods Candace	acquired	-	-	1,129	senior vice president
2023-02-28	Lowrey Charles F	acquired	-	-	20,149	chief executive officer

About Prudential Financial

PRU Income Statement

2022-12-31

Consolidated Statements of Operations - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
REVENUES
Premiums	$ 38,019	$ 34,827	$ 31,140
Policy charges and fee income	5,574	5,944	6,029
Net investment income	16,037	18,287	17,410
Asset management and service fees	4,062	4,901	4,391
Other income (loss)	(273)	2,951	1,950
Realized investment gains (losses), net	(3,369)	4,024	(3,887)
Total revenues	60,050	70,934	57,033
BENEFITS AND EXPENSES
Policyholders’ benefits	43,487	38,458	35,059
Interest credited to policyholders’ account balances	2,316	3,482	4,538
Dividends to policyholders	198	2,874	1,625
Amortization of deferred policy acquisition costs	2,429	2,097	2,221
Goodwill impairment	903	1,060	0
General and administrative expenses	12,493	13,582	13,913
Total benefits and expenses	61,826	61,553	57,356
Income (loss) before income taxes and equity in earnings of operating joint ventures	(1,776)	9,381	(323)
Total income tax expense (benefit)	(370)	1,674	(81)
INCOME (LOSS) BEFORE EQUITY IN EARNINGS OF OPERATING JOINT VENTURES	(1,406)	7,707	(242)
Equity in earnings of operating joint ventures, net of taxes	(56)	87	96
NET INCOME (LOSS)	(1,462)	7,794	(146)
Less: Income (loss) attributable to noncontrolling interests	(24)	70	228
NET INCOME (LOSS) ATTRIBUTABLE TO PRUDENTIAL FINANCIAL, INC.	$ (1,438)	$ 7,724	$ (374)
Basic earnings per share-Common Stock:
Net income (loss) attributable to Prudential Financial, Inc. (in dollars per share)	$ (3.93)	$ 19.65	$ (1.00)
Diluted earnings per share-Common Stock:
Net income (loss) attributable to Prudential Financial, Inc. (in dollars per share)	(3.93)	19.51	(1.00)
Dividends declared per share of Common Stock (in dollars per share)	$ 4.80	$ 4.60	$ 4.40

PRU Balance Sheet

2022-12-31

Consolidated Statements of Financial Position - USD ($)
$ in Millions

Dec. 31, 2022

Dec. 31, 2021

ASSETS

Fixed maturities, available-for-sale, at fair value (allowance for credit losses: 2022-$138; 2021-$114) (amortized cost: 2022-$335,447; 2021-$333,459)(1)

^[1]

$ 307,719

$ 372,410

Fixed maturities, held-to-maturity, at amortized cost, net of allowance for credit losses (allowance for credit losses: 2022-$2; 2021-$5) (fair value: 2022-$1,455; 2021-$1,803)

^[1]

1,296

1,514

Fixed maturities, trading, at fair value (amortized cost: 2022-$7,303; 2021-$8,741)

^[1]

5,951

8,823

Assets supporting experience-rated contractholder liabilities, at fair value

2,844

3,358

Equity securities, at fair value (cost: 2022-$5,306; 2021-$5,815)

^[1]

7,150

8,574

Commercial mortgage and other loans (net of $203 and $119 allowance for credit losses; includes $137 and $1,263 of loans measured at fair value under the fair value option at December 31, 2022 and 2021, respectively)

^[1]

56,745

58,666

Policy loans

10,046

10,386

Other invested assets (net of $1 and $2 allowance for credit losses; includes $5,682 and $8,046 of assets measured at fair value at December 31, 2022 and 2021, respectively)

^[1]

21,099

21,833

Short-term investments (net of allowance for credit losses: 2022-$6; 2021-$0)

4,591

6,635

Total investments

417,441

492,199

Cash and cash equivalents

^[1]

17,251

12,888

Accrued investment income

^[1]

3,012

2,855

Deferred policy acquisition cost

19,537

18,192

Value of business acquired

595

771

Income Tax Assets

4,214

Assets held-for-sale

153,793

^[2]

Other assets (net of allowance for credit losses: 2022-$26; 2021-$19)

^[1]

30,188

10,739

Separate account assets

197,679

246,145

TOTAL ASSETS

689,917

937,582

LIABILITIES

Future policy benefits

284,452

290,784

Policyholders’ account balances

135,602

122,633

Policyholder's dividends

694

8,731

Securities sold under agreements to repurchase

6,589

10,185

Cash collateral for loaned securities

6,100

4,251

Income taxes

9,513

Short-term debt

775

722

Long-term debt

19,908

18,622

Liabilities held-for-sale

151,359

^[2]

Other liabilities (including allowance for credit losses: 2022-$18; 2021-$21)

^[1]

20,536

11,755

Notes issued by consolidated variable interest entities(1)

^[1]

374

274

Separate account liabilities

197,679

246,145

Total liabilities

672,709

874,974

COMMITMENTS AND CONTINGENT LIABILITIES

EQUITY

Preferred Stock ($0.01 par value; 10,000,000 shares authorized; none issued)

Common Stock ($0.01 par value; 1,500,000,000 shares authorized; 666,305,189 shares issued as of both December 31, 2022 and 2021)

Additional paid-in capital

25,747

25,732

Common Stock held in treasury, at cost (300,342,458 and 290,018,851 shares at December 31, 2022 and 2021, respectively)

(23,068)

(21,838)

Accumulated other comprehensive income (loss)

(19,827)

21,324

Retained earnings

33,392

36,652

Total Prudential Financial, Inc. equity

16,250

61,876

Noncontrolling interests

958

732

Total equity

17,208

62,608

TOTAL LIABILITIES AND EQUITY

$ 689,917

$ 937,582

[1]	See Note 4 for details of balances associated with variable interest entities.
[2]	See Note 1 for details of the assets and liabilities classified as “held-for-sale” as of December 31, 2021.