PRU - Prudential Financial Inc Stock Price, Fair Value and News

108.71USD+1.36 (+1.27%)Market Closed

Market Summary

USD108.71+1.36

Market Closed

1.27%

PRU Alerts

4 major insider sales recently.

PRU Stock Price

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PRU RSI Chart

PRU Valuation

Market Cap

39.0B

Price/Earnings (Trailing)

15.69

Price/Sales (Trailing)

0.72

EV/EBITDA

7.96

Price/Free Cashflow

5.99

PRU Price/Sales (Trailing)

PRU Profitability

EBT Margin

5.69%

Return on Equity

8.94%

Return on Assets

0.35%

Free Cashflow Yield

16.68%

PRU Fundamentals

PRU Revenue

Revenue (TTM)

54.0B

Rev. Growth (Yr)

12.29%

Rev. Growth (Qtr)

80.6%

PRU Earnings

Earnings (TTM)

2.5B

Earnings Growth (Yr)

2.6K%

Earnings Growth (Qtr)

264.21%

Breaking Down PRU Revenue

Last 7 days

-2.3%

Last 30 days

-4.5%

Last 90 days

5.1%

Trailing 12 Months

23.8%

How does PRU drawdown profile look like?

PRU Financial Health

Debt/Equity

0.68

Debt/Cashflow

0.34

PRU Investor Care

Dividend Yield

4.46%

Dividend/Share (TTM)

4.8

Buy Backs (1Y)

1.91%

Diluted EPS (TTM)

6.69

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	62.1B	64.2B	52.3B	54.0B
2022	66.2B	61.6B	60.2B	56.9B
2021	60.5B	64.3B	70.5B	71.2B
2020	63.2B	59.9B	60.2B	57.0B
2019	64.3B	65.1B	64.0B	64.8B
2018	59.8B	61.0B	60.8B	63.0B
2017	58.1B	57.1B	56.5B	59.7B
2016	55.9B	56.6B	60.0B	58.8B
2015	56.8B	57.4B	58.6B	57.1B
2014	44.1B	47.2B	48.3B	54.1B
2013	85.4B	79.3B	77.5B	41.5B
2012	49.6B	50.1B	50.6B	84.8B
2011	35.7B	30.8B	25.9B	39.9B
2010	33.3B	37.4B	38.8B	38.2B
2009	30.0B	29.1B	30.6B	32.6B
2008	0	32.6B	30.8B	29.0B
2007	0	0	0	34.4B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index

Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.

Returns of $10,000 invested in:

Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022

Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Prudential Financial Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 12, 2024	sullivan andrew f	sold	-857,415	111	-7,685	executive vice president
Mar 12, 2024	axel robert	sold	-719,942	111	-6,436	svp and controller
Mar 11, 2024	kappler ann m	sold	-1,111,600	110	-10,067	evp and general counsel
Mar 11, 2024	feeney caroline	sold	-1,237,600	110	-11,197	executive vice president
Feb 29, 2024	falzon robert	sold (taxes)	-1,297,200	108	-11,902	evp and vice chairman
Feb 29, 2024	lowrey charles f	sold (taxes)	-1,768,470	108	-16,226	chief executive officer
Feb 29, 2024	falzon robert	acquired	-	-	24,471	evp and vice chairman
Feb 29, 2024	feeney caroline	sold (taxes)	-381,901	108	-3,504	executive vice president
Feb 29, 2024	goodman stacey	sold (taxes)	-319,777	108	-2,934	executive vice president
Feb 29, 2024	goodman stacey	acquired	-	-	5,813	executive vice president

Which funds bought or sold PRU recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 17, 2024	Trivant Custom Portfolio Group, LLC	unchanged	-	2,656	22,776	0.01%
Apr 17, 2024	Investment Research & Advisory Group, Inc.	unchanged	-	1,369	11,740	-%
Apr 17, 2024	Cornerstone Wealth Group, LLC	added	2.98	920,815	6,476,860	0.60%
Apr 17, 2024	Iron Horse Wealth Management, LLC	unchanged	-	356	3,052	-%
Apr 17, 2024	Coston, McIsaac & Partners	unchanged	-	3,000	24,000	0.01%
Apr 17, 2024	Cranbrook Wealth Management, LLC	unchanged	-	657	5,636	-%
Apr 17, 2024	Trilogy Capital Inc.	sold off	-100	-2,898,600	-	-%
Apr 17, 2024	MEANS INVESTMENT CO., INC.	reduced	-18.9	-126,350	1,415,830	0.18%
Apr 17, 2024	Richardson Capital Management LLC	sold off	-100	-311,130	-	-%
Apr 17, 2024	Clarius Group, LLC	reduced	-7.71	17,186	401,743	0.03%

Are Funds Buying or Selling PRU?

Are funds buying PRU calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PRU

No. of Funds

PRU Alerts

4 major insider sales recently.

Unveiling Prudential Financial Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	11.71%	42,287,607	SC 13G/A
Jan 25, 2024	blackrock inc.	9.0%	32,541,140	SC 13G/A
Jul 10, 2023	vanguard group inc	10.25%	37,412,139	SC 13G/A
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

Recent SEC filings of Prudential Financial Inc

View All Filings

Date Filed	Form Type	Document
Apr 16, 2024	8-K	Current Report
Mar 28, 2024	ARS	ARS
Mar 28, 2024	DEF 14A	DEF 14A
Mar 22, 2024	3	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading

Peers (Alternatives to Prudential Financial Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ARGO	1.0T	1.2B	-2.54%	3165.31%	-4.8K	765.85	-10.27%	-34.69%
AJG	50.7B	10.1B	-7.85%	14.59%	52.27	5.04	17.79%	-12.97%
AIG	49.7B	46.8B	-3.32%	37.26%	13.64	1.06	-14.05%	-64.38%
TRV	48.2B	42.9B	-5.88%	15.29%	15.36	1.12	13.52%	12.15%
AFL	46.7B	18.7B	-3.98%	20.97%	10.03	2.5	-2.30%	5.45%
ACGL	34.2B	13.6B	-0.31%	26.70%	7.7	2.51	41.83%	201.02%
AFG	10.5B	7.8B	-4.69%	1.23%	12.32	1.34	11.18%	-5.12%
MID-CAP
UNM	9.7B	12.4B	-3.09%	22.57%	7.58	0.79	3.35%	-8.77%
AIZ	8.9B	11.1B	-4.72%	43.63%	13.82	0.8	9.21%	132.28%
LNC	4.6B	11.6B	-0.26%	24.04%	-6.15	0.4	-38.09%	-155.38%
AEL	4.4B	2.8B	-1.66%	43.84%	20.8	1.54	100.59%	-89.04%
SMALL-CAP
BRP	1.6B	1.2B	-9.70%	5.89%	-17.88	1.32	24.25%	-115.79%
AMSF	955.4M	306.9M	-1.13%	-4.68%	15.38	3.11	4.11%	11.70%
AMBC	633.6M	269.0M	-4.82%	-7.03%	140.81	2.36	-46.68%	-99.14%
AAME	40.2M	186.8M	-29.64%	-14.72%	-235.04	0.22	-0.56%	-111.21%

Prudential Financial Inc News

Latest updates

Prudential Financial Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	80.6%	15,084	8,352	13,498	17,045	13,433	20,201	11,392	11,855	16,737	21,641	15,917	16,952	16,029	15,425	12,115	13,464	19,223	15,105	15,388	15,091	18,432
S&GA Expenses	15.4%	3,538	3,066	3,143	3,204	3,363	3,066	2,930	3,217	3,678	3,386	3,230	3,315	3,719	3,323	3,347	3,524	3,828	3,294	3,138	3,156	3,220
EBITDA Margin	-	0.09*	-	0.06*	0.04*	0.00*	0.02*	0.05*	0.11*	0.16*	0.15*	0.16*	0.09*	0.03*	-	-	-	-	-	-	-	-
Income Taxes	243.0%	359	-251	123	382	-5.00	-11.00	-119	-144	491	259	609	636	-88.00	-50.00	115	-58.00	221	332	162	232	218
Earnings Before Taxes	257.1%	1,662	-1,058	621	1,847	-40.00	-126	-1,068	-658	2,842	1,806	2,773	3,414	900	1,447	-2,332	-338	1,344	1,725	876	1,140	1,053
EBT Margin	117.4%	0.06*	0.03*	0.04*	0.01*	-0.03*	-0.01*	0.02*	0.08*	0.13*	0.13*	0.13*	0.06*	-	-	-	-	-	-	-	-	-
Net Income	264.2%	1,317	-802	511	1,462	-52.00	-92.00	-1,010	-493	2,352	1,530	2,183	2,804	819	1,487	-2,405	-270	1,128	1,418	708	932	842
Net Income Margin	115.5%	0.05*	0.02*	0.03*	0.01*	-0.03*	-0.01*	0.02*	0.07*	0.11*	0.10*	0.11*	0.04*	-	-	-	-	-	-	-	-	-
Free Cashflow	-61.2%	1,103	2,840	1,224	1,343	-622	4,278	1,501	1.00	3,333	5,417	4,359	-3,297	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	5.9%	721,123	681,254	697,304	709,269	689,029	677,756	695,599	878,066	937,582	932,582	926,461	907,280	940,722	911,589	915,387	873,712	896,552	885,626	873,825	849,324	815,078
Cash Equivalents	15.0%	19,419	16,892	14,652	17,425	17,251	20,104	14,359	14,086	12,888	15,605	15,145	16,099	13,855	20,658	21,149	31,646	16,474	18,289	15,421	14,699	15,495
Net PPE	-	404	-	-	-	413	-	-	-	428	-	-	-	446	-	-	-	471	-	-	-	502
Liabilities	5.7%	691,336	654,307	667,849	676,822	657,110	660,576	666,681	833,388	874,974	870,023	862,777	848,504	872,512	844,699	848,879	812,640	832,833	819,312	811,672	793,874	766,047
Long Term Debt	0.0%	18,882	18,877	18,876	20,451	19,908	19,898	19,612	19,689	18,622	18,687	19,670	19,730	19,718	20,169	20,162	20,149	18,646	19,151	17,841	18,309	17,378
LT Debt, Non Current	0.0%	18,882	18,877	18,876	20,451	19,908	19,898	19,612	19,689	18,622	18,687	19,670	19,730	19,718	20,169	20,162	20,149	18,646	19,151	17,841	18,309	17,378
Shareholder's Equity	7.8%	27,820	25,814	29,455	32,447	30,593	31,631	32,017	29,989	30,322	62,559	63,684	58,776	68,210	66,890	66,508	61,072	63,719	66,314	62,153	55,450	49,031
Retained Earnings	2.7%	32,352	31,493	32,756	32,708	31,714	34,399	35,137	36,159	36,652	35,887	34,808	33,110	28,137	30,372	29,326	32,176	32,991	32,269	31,263	30,966	30,470
Additional Paid-In Capital	0.1%	25,746	25,714	25,676	25,643	25,747	25,707	25,661	25,659	25,732	25,680	25,644	25,579	25,584	25,563	25,513	25,506	25,532	25,351	24,825	24,782	24,828
Minority Interest	27.4%	1,443	1,133	1,021	1,062	955	678	683	700	732	672	636	740	785	673	611	625	604	516	493	440	414
Float	-	-	-	32,060	-	-	-	35,650	-	-	-	39,630	-	-	-	24,030	-	-	-	40,700	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-61.2%	1,103	2,840	1,224	1,343	-622	4,278	1,501	1.00	3,333	5,417	4,359	-3,297	-4,513	-598	-1,287	14,766	3,985	7,316	5,239	3,085	11,396
Cashflow From Investing	-7.5%	-3,098	-2,881	-2,840	-3,303	-3,376	-1,022	-3,735	495	-5,939	-2,565	-3,314	6,476	-2,471	-390	-7,569	-5,780	-3,912	-5,079	-2,738	-5,299	-8,687
Cashflow From Financing	81.6%	4,272	2,353	-1,015	2,129	858	2,611	1,038	426	516	-860	-1,997	-670	-183	379	-1,672	6,359	-1,992	597	-1,805	1,566	-28.00
Dividend Payments	-0.7%	455	458	460	473	446	450	455	466	440	448	455	471	441	439	438	448	404	410	407	420	374
Buy Backs	3.2%	258	250	253	251	375	375	374	364	403	859	879	359	-	-	15.00	485	560	957	499	484	388

PRU Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($)
$ in Millions

3 Months Ended

12 Months Ended

Dec. 31, 2023

Sep. 30, 2023

Jun. 30, 2023

Mar. 31, 2023

Dec. 31, 2022

Sep. 30, 2022

Jun. 30, 2022

Mar. 31, 2022

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

REVENUES

Premiums (includes 2023-$323, 2022- $(377) and 2021-$(249) of gains (losses) from changes in estimates on deferred profit liability amortization

^[1]

$ 27,364

$ 36,475

^[2]

$ 33,950

^[2]

Policy charges and fee income

4,527

4,615

^[2]

5,433

^[2]

Net investment income

17,865

16,037

18,287

Asset management and service fees

^[1]

3,717

4,062

4,901

Other Income

^[1]

4,065

608

^[2]

2,964

^[2]

Realized investment gains (losses), net

^[1]

(3,615)

^[3]

(4,507)

^[2],[4]

2,115

^[2],[4]

Change in value of market risk benefits, net of related hedging gains (losses)

(409)

^[2],[4]

3,597

^[2],[4]

Total revenues

$ 15,084

$ 8,352

$ 13,498

$ 17,045

$ 13,433

$ 20,201

$ 11,392

$ 11,855

53,979

56,881

71,247

BENEFITS AND EXPENSES

Policyholders’ benefits

^[1]

30,931

40,816

^[2]

37,991

^[2]

Change in estimates of liability for future policy benefits

^[1]

337

654

^[2]

(35)

^[2]

Interest credits to policyholders' account balances

3,983

2,193

^[2]

3,431

^[2]

Dividends to policyholders

1,069

198

2,874

Amortization of deferred policy acquisition costs

1,459

1,433

^[2]

1,482

^[2]

Goodwill impairment

177

903

1,060

General and administrative expenses

^[1]

12,951

12,576

^[2]

13,609

^[2]

Total benefits and expenses

13,422

9,410

12,877

15,198

13,473

20,327

12,460

12,513

50,907

58,773

60,412

Income (loss) before income taxes and equity in earnings of operating joint ventures

3,072

(1,892)

10,835

Total income tax expense (benefit)

613

(279)

^[2]

1,995

^[2]

INCOME (LOSS) BEFORE EQUITY IN EARNINGS OF OPERATING JOINT VENTURES

2,459

(1,613)

8,840

Equity in earnings of operating joint ventures, net of taxes

(62)

NET INCOME (LOSS)

1,326

(791)

496

1,477

(44)

(108)

(1,017)

(506)

2,508

(1,675)

^[4]

8,938

^[4]

Less: Income (loss) attributable to noncontrolling interests

(15)

(16)

(7)

(13)

(28)

NET INCOME (LOSS) ATTRIBUTABLE TO PRUDENTIAL FINANCIAL, INC.

$ 1,317

$ (802)

$ 511

$ 1,462

$ (52)

$ (92)

$ (1,010)

$ (493)

$ 2,488

$ (1,647)

$ 8,868

Basic earnings per share-Common Stock:

Net income (loss) attributable to Prudential Financial, Inc. (in dollars per share)

$ 3.62

$ (2.23)

$ 1.38

$ 3.94

$ (0.16)

$ (0.26)

$ (2.71)

$ (1.33)

$ 6.76

$ (4.49)

$ 22.56

Diluted earnings per share-Common Stock:

Net income (loss) attributable to Prudential Financial, Inc. (in dollars per share)

$ 3.61

$ (2.23)

$ 1.38

$ 3.93

$ (0.16)

$ (0.26)

$ (2.71)

$ (1.33)

$ 6.74

$ (4.49)

$ 22.40

[1]	See Note 24 for additional information regarding related party transactions.
[2]	Prior period amounts adjusted for the implementation of ASU 2018-12: Targeted Improvements to the Accounting for Long-Duration Contracts.
[3]	See Note 24 for additional information regarding related party transactions.
[4]	Prior period amounts adjusted for the adoption of ASU 2018-12: Targeted Improvements to the Accounting for Long-Duration Contracts.

PRU Balance Sheet

2023-12-31

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

Dec. 31, 2023

Dec. 31, 2022

ASSETS

Fixed maturities, available-for-sale, at fair value (allowance for credit losses: 2023-$160; 2022-$138) (amortized cost: 2023-$334,598; 2022-$335,447)

^[1]

$ 316,321

$ 307,719

Fixed maturities, held-to-maturity, at amortized cost, net of allowance for credit losses (allowance for credit losses: 2023-$0; 2022-$2) (fair value: 2023-$0; 2022-$1,455)(1)

^[1]

1,296

Fixed maturities, trading, at fair value (amortized cost: 2023-$10,624; 2022-$7,303)

^[1]

9,790

5,951

Assets supporting experience-rated contractholder liabilities, at fair value

3,168

2,844

Equity securities, at fair value (cost: 2023-$5,786; 2022-$5,306)

^[1]

8,242

7,150

Commercial mortgage and other loans

^[1]

59,305

56,745

Policy loans

10,047

10,046

Other invested assets (net of $1 and $1 allowance for credit losses; includes $6,074 and $5,682 of assets measured at fair value at December 31, 2023 and 2022, respectively)

^[1]

22,855

21,099

Short-term investments (net of allowance for credit losses: 2023-$0; 2022-$6)

5,005

4,591

Total investments

434,733

417,441

Cash and cash equivalents

^[1]

19,419

17,251

Accrued investment income

^[1]

3,287

3,012

Deferred policy acquisition cost

20,856

20,546

^[2]

Value of business acquired

530

621

^[2]

Market risk benefit assets

1,981

800

^[2]

Reinsurance recoverables and deposit receivables (net of $12 and $15 allowance for credit losses; includes $149 and $38 of embedded derivatives at fair value at December 31, 2023 and 2022, respectively)

27,311

^[3]

18,993

^[2],[4]

Income Tax Assets

939

Other assets (net of $3 and $11 allowance for credit losses; includes $11 and $11 of assets at fair value at December 31, 2023 and 2022, respectively)

^[1]

13,179

^[3]

12,686

^[2],[4]

Separate account assets

198,888

197,679

TOTAL ASSETS

721,123

689,029

LIABILITIES

Balance, EOP, post-flooring

273,281

261,773

^[2]

Policyholders' account balances

147,018

135,624

^[2]

Market risk benefit liabilities

5,467

5,864

^[2]

Policyholder's dividends

1,475

694

Securities sold under agreements to repurchase

6,056

6,589

Cash collateral for loaned securities

6,477

6,100

Reinsurance and funds withheld payables (includes $490 and $(31) of embedded derivatives at fair value at December 31, 2023 and 2022, respectively)

15,729

^[3]

5,733

^[2],[4]

Income tax Liabilities

277

^[2]

Short-term debt

618

775

Long-term debt

18,882

19,908

Other liabilities (includes $15 and $18 allowance for credit losses and $4,175 and $3,056 of derivatives at fair value at December 31, 2023 and 2022, respectively)

^[1]

16,071

15,720

^[2],[4]

Notes issued by consolidated variable interest entities (includes $778 and $0 measured at fair value under the fair value option at December 31, 2023 and 2022, respectively)

^[1]

1,374

374

Separate account liabilities

198,888

197,679

Total liabilities

691,336

657,110

COMMITMENTS AND CONTINGENT LIABILITIES

Redeemable noncontrolling interests

524

371

^[4]

Total mezzanine equity

524

371

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, 2023 and 2022)

Additional paid-in capital

25,746

25,747

Common Stock held in treasury, at cost (307,089,216 and 300,342,458 shares at December 31, 2023 and 2022, respectively)

(23,780)

(23,068)

Accumulated other comprehensive income (loss)

(6,504)

^[3]

(3,806)

^[2]

Retained Earnings

32,352

31,714

^[2],[3]

Total Prudential Financial, Inc. equity

27,820

30,593

Noncontrolling Interests

1,443

955

Total equity

29,263

31,548

^[5]

TOTAL LIABILITIES, MEZZANINE EQUITY AND EQUITY

$ 721,123

$ 689,029

[1]	See Note 4 for details of balances associated with variable interest entities.
[2]	Prior period amounts adjusted for the implementation of ASU 2018-12: Targeted Improvements to the Accounting for Long-Duration Contracts.
[3]	See Note 24 for additional information regarding related party transactions.
[4]	Prior period amounts have been reclassified to conform to current period presentation.
[5]	Prior period amounts adjusted for the adoption of ASU 2018-12: Targeted Improvements to the Accounting for Long-Duration Contracts.

About Prudential Financial Inc

Prudential Financial, Inc., together with its subsidiaries, provides insurance, investment management, and other financial products and services in the United States and internationally. It operates through PGIM, Retirement Strategies, Group Insurance, Individual Annuities, Individual Life, Assurance IQ, and International Businesses segments. The company offers investment management services and solutions related to public fixed income, public equity, real estate debt and equity, private credit and other alternatives, and multi-asset class strategies to institutional and retail clients, as well as its general account. It also provides a range of retirement investment, and income products and services to retirement plan sponsors in the public, private, and not-for-profit sectors; and group life, long-term and short-term group disability, and group corporate-, bank-, and trust-owned life insurance in the United States, primarily to institutional clients for use in connection with employee and membership benefits plans, as well as sells accidental death and dismemberment, and other supplemental health solutions; and provides plan administration services in connection with its insurance coverages. In addition, the company develops and distributes individual variable and fixed annuity products, principally to the mass affluent and affluent markets; and individual variable, term, and universal life insurance products to the mass middle, mass affluent, and affluent markets in the United States. Further, it provides third-party life, health, Medicare, property and casualty, and term life products to retail shoppers through its digital and agent channels. The company offers its products and services to individual and institutional customers through its proprietary and third-party distribution networks. Prudential Financial, Inc. was founded in 1875 and is headquartered in Newark, New Jersey.

CEO	Mr. Charles Frederick Lowrey Jr.
WEBSITE	prudential.com
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	39583

Prudential Financial Inc Frequently Asked Questions

What is the ticker symbol for Prudential Financial Inc? What does PRU stand for in stocks?

PRU is the stock ticker symbol of Prudential Financial Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Prudential Financial Inc (PRU)?

As of Thu Apr 18 2024, market cap of Prudential Financial Inc is 39.03 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PRU stock?

You can check PRU's fair value in chart for subscribers.

What is the fair value of PRU stock?

You can check PRU's fair value in chart for subscribers. The fair value of Prudential Financial Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Prudential Financial Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PRU so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Prudential Financial Inc a good stock to buy?

The fair value guage provides a quick view whether PRU is over valued or under valued. Whether Prudential Financial Inc is cheap or expensive depends on the assumptions which impact Prudential Financial Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PRU.

What is Prudential Financial Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 18 2024, PRU's PE ratio (Price to Earnings) is 15.69 and Price to Sales (PS) ratio is 0.72. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PRU PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Prudential Financial Inc's stock?

In the past 10 years, Prudential Financial Inc has provided 0.066 (multiply by 100 for percentage) rate of return.