New York Expansion Reflects Firm's Commitment to Elevating the Advisor and Client Experience in World's Preeminent Financial Center , /PRNewswire/ -- Prudential Advisors, the retail arm of Prudential Financial, Inc. (NYSE:Â PRU), with more than 3,000 financial advisors and fee-based financial planners offering clients a full range of financial advice and solutions, today announced the expansion of one of its offices at 1270 Avenue of the Americas, Rockefeller Center, in New York City. Prudential Advisors: R ...

New Space Reflects Firm's Commitment to Elevating the Advisor and Client Experience in a Unique, Collaborative Environment NEWARK, N.J. , Oct. 10, 2025 /PRNewswire/ -- Prudential Advisors, the retail arm of Prudential Financial, Inc. (NYSE: PRU), with more than 3,000 financial advisors and fee-based financial planners, today announced the opening of one of its firms' new offices at 101 Crawfords Corner Road, within the iconic Bell Works campus in Holmdel, New Jersey. ...

Core Insights - FCP® has provided $47.1 million in capital for the construction of a mixed-use development featuring 553 luxury apartments and a grocery store in Ballston, Virginia [1][2] - The project, named Mira and Ador, is being developed by Insight Property Group in partnership with PGIM's real estate business [1][2] - The development aims to enhance the residential and retail landscape of Ballston, providing exceptional access to amenities and transportation [2] Financial Details - The total investment for the project includes a preferred equity investment arranged by Berkadia DC Metro and a senior loan arranged by Cushman & Wakefield [3] - FCP has invested over $14.6 billion in gross asset value since its inception in 1999, focusing on both commercial and residential assets [4] Project Specifications - Mira and Ador will consist of two 16-story towers, with 12 units designated as affordable at 80% of AMI [2] - The buildings are designed to meet LEED Gold certification standards and will offer unique amenities tailored to different resident experiences [2] Developer and Partners - Insight Property Group has unlocked over $2.0 billion in investment opportunities since its founding in 2009, focusing on multifamily and mixed-use properties in the D.C. area [5] - PGIM, managing over $1.44 trillion in assets, is the third-largest real estate investment manager globally, with a strong focus on delivering diverse investment strategies [8]

Group 1: Market Overview - The stock market is currently richly valued, with some stocks still presenting as bargains despite the overall high valuations [2] Group 2: Pfizer - Pfizer's stock trades at a forward price-to-earnings ratio of under 8x, significantly lower than the S&P 500 healthcare sector's 17 times forward earnings [3] - Concerns regarding Pfizer include a looming patent cliff and the impact of trade policies, but a recent deal with the White House has exempted it from pharmaceutical tariffs for three years, allowing for price reductions and increased U.S. manufacturing [4][5] - Pfizer's pipeline includes multiple promising programs that may offset losses from patent expirations, and it offers a forward dividend yield exceeding 6.3%, with management committed to maintaining and growing the dividend [6] Group 3: Prudential Financial - Prudential Financial's forward earnings multiple is around 7.5, less than half of the S&P 500 financial sector's multiple, indicating it is even cheaper than Pfizer [7] - Recent revenue and earnings declines were primarily due to volatility in the variable annuities unit, which Prudential has exited, suggesting improved long-term prospects [7][8] - The stock's price-to-earnings-to-growth (PEG) ratio is only 0.58, reflecting optimism about Prudential's growth based on analysts' five-year earnings projections [8]

NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) will release its third quarter 2025 earnings on Wednesday, October 29, 2025, 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. Members of Prudential's senior management will host a conference call on Thursday, October 30, 2025, at 11:00 a.m. ET to discuss with the investment community the co. ...

NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) will release its third quarter 2025 earnings on Wednesday, October 29, 2025, 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. Members of Prudential's senior management will host a conference call on Thursday, October 30, 2025, at 11:00 a.m. ET to discuss with the investment community the co. ...

Group 1 - Perseus Mining Limited has appointed Mr. Craig Jones as the new Managing Director and Chief Executive Officer (CEO) effective October 1, 2025 [1] - The appointment follows the retirement of former Managing Director and CEO, Mr. Jeff Quartermaine, on September 30, 2025 [1] - Mr. Jones had been serving as CEO-Designate since August 18, 2025, during the leadership transition period [1] Group 2 - The market release dated August 1, 2025, contains details of Mr. Jones's experience and remuneration package [2] - The announcement was authorized for release by the Chairman of the Board, Mr. Rick Menell [3]

NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) announced today that Joseph Wolk has been elected to the Board of Directors as an independent director. ...

Core Viewpoint - Prudential Financial, Inc. (PRU) is currently trading at a discount compared to its industry peers, with a forward price-to-earnings ratio of 7.11X, lower than its five-year median of 7.92 and the industry average of 8.86X [1][4] Valuation and Market Performance - PRU shares have declined by 12.9% year-to-date, underperforming the Finance sector and the Zacks S&P 500 Composite, which grew by 14.6% and 14.1% respectively [4] - The market capitalization of Prudential Financial is $36.4 billion, with an average trading volume of 1.6 million shares over the last three months [4] Revenue and Earnings Projections - The Zacks Consensus Estimate for PRU's 2025 revenues is $55.8 billion, reflecting an 18% decrease year-over-year [6] - Current-year earnings are estimated at $13.69 per share, an increase of 8.5% from the previous year [6] - Projections for 2026 indicate earnings per share and revenues will increase by 8.3% and 4.3% respectively from 2025 estimates [6] Analyst Sentiment - The Zacks Consensus Estimate for 2025 and 2026 earnings has increased by 0.4% and 0.2% over the past month [7] Price Target and Upside Potential - The average price target for PRU, based on short-term targets from 15 analysts, is $116.13 per share, suggesting a potential upside of 12.8% from the last closing price [8] Business Strengths - Prudential Financial is focusing on organic growth drivers and has a solid foundation through its asset-based businesses, international operations, and a strong Group Insurance segment [10] - The integration of PGIM's multi-manager model into a $1 trillion public and private credit platform is enhancing efficiency and revenue generation [11] - International markets, particularly Japan and Brazil, are contributing to growth, with Malaysia presenting new opportunities due to low insurance penetration [12] Sales Performance - In the second quarter, Prudential Financial reported $12 billion in sales from Institutional and Individual Retirement Strategies, maintaining its position among the top five individual life insurers [13][14] Challenges - Prudential Financial faces challenges such as prolonged low interest rates, softness in the group disability segment, and rising expenses, which are impacting margin expansion [15] - The company's exposure to products like annuities and universal life is increasing pressure on margins due to low interest rates [16] - Rising debt levels, with total debt reaching $20.9 billion and a debt-to-equity ratio of 39.32%, are increasing interest expenses and highlighting inefficiencies [17] Shareholder Value - Prudential Financial has prioritized shareholder value through consistent capital returns, raising dividends five times over the past five years, and has a $1 billion share buyback program [18] Conclusion - Overall, Prudential Financial's strengths in organic growth, strategic initiatives, and international expansion provide a solid foundation for future growth, although challenges from low interest rates and rising debt may temper near-term performance [19]

NEWARK, N.J. & SAN DIEGO--(BUSINESS WIRE)--Prudential Financial, Inc. and LPL Financial LLC today announced a further expansion of their relationship, as the two firms collaborate to bring to market an Insurance Overlay retirement lifetime income strategy for LPL's managed accounts platform. The solution will be designed to reach financial advisors who do not typically use protected lifetime income and other insurance-led retirement solutions in their wealth management practices today. Recent ". ...