Prudential Financial Inc. (PRU) closed at $121.10 on Monday, near its 52-week high of $128.53. This proximity underscores investor confidence. It has the ingredients for further price appreciation. The stock is trading above the 50-day and 200-day simple moving averages (SMA) of $117.29 and $113.28, respectively, indicating solid upward momentum. SMA is a widely used technical analysis tool to predict future price trends by analyzing historical price data.Shares of this multi-line insurer have gained 16.8% ...

Buying this stock truly is getting "a piece of the rock."For years, the top advertising slogan for Prudential Financial (PRU 0.36%) was "Get a piece of the rock." The global financial services and investment management company still uses the iconic image of the Rock of Gibraltar in its logo.I just got a piece of the rock. Instead of buying insurance or another financial product from Prudential, though, I invested in the company. Here's why I just loaded up on this dirt cheap, high-yield dividend stock.1. It ...

Prudential Financial, Inc. (NYSE:PRU) KBW Insurance Conference September 4, 2024 10:50 AM ET Company Participants Charlie Lowrey - Chairman and CEO Conference Call Participants Ryan Krueger - Managing Director, KBW Ryan Krueger All right. Good morning, everyone. I'm Ryan Krueger, the Life Insurance Analyst at KBW. Really pleased to be joined today with Charlie -- by Charlie Lowrey, the Chairman and CEO of Prudential. Charlie Lowrey Thank you for having me. Question-and-Answer Session Q - Ryan Krueger So to ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Table of Contents Commission File Number 001-16707 For the quarterly period ended June 30, 2024 Prudential Financial, Inc. (Exact Name of Registrant as Specified in its Charter) OR FORM 10-Q (State or Other Jurisdiction of Incorporation or Organization) ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SEC ...

Prudential (PRU) reported $13.84 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 9.5%. EPS of $3.39 for the same period compares to $2.94 a year ago.The reported revenue represents a surprise of +0.41% over the Zacks Consensus Estimate of $13.78 billion. With the consensus EPS estimate being $3.43, the EPS surprise was -1.17%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ex ...

Prudential (PRU) came out with quarterly earnings of $3.39 per share, missing the Zacks Consensus Estimate of $3.43 per share. This compares to earnings of $2.94 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.17%. A quarter ago, it was expected that this financial services company would post earnings of $3.16 per share when it actually produced earnings of $3.12, delivering a surprise of -1.27%.Over the last four quarters, ...

Table of Contents i Exhibit 99.2 Prudential Financial, Inc. (PRU) Quarterly Financial Supplement Second Quarter 2024 Reference is made to Prudential Financial, Inc.'s (PFI) filings with the Securities and Exchange Commission for general information and consolidated financial information. All financial information in this document is unaudited. Table of Contents Prudential Financial, Inc. Quarterly Financial Supplement Second Quarter 2024 TABLE OF CONTENTS | --- | --- | --- | |------------------------------- ...

Prudential Financial, Inc. (PRU) is slated to report second-quarter 2024 earnings on Aug 1, after market close. PRU delivered a negative earnings surprise in the last reported quarter.Factors to ConsiderThe U.S. business is likely to have gained from higher spread income, driven by business growth and the benefit of higher interest rates and variable investment income, as well as more favorable underwriting results.Prudential Financial’s international businesses are likely to have benefited from higher net ...

In its upcoming report, Prudential (PRU) is predicted by Wall Street analysts to post quarterly earnings of $3.43 per share, reflecting an increase of 16.7% compared to the same period last year. Revenues are forecasted to be $13.78 billion, representing a year-over-year increase of 9%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.9% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during thi ...

Prudential Financial, Inc.’s (PRU) shares have gained 35.1% in a year compared with the industry's growth of 24.2%. The Finance sector and the Zacks S&P 500 composite have returned 21.2% and 23%, respectively, in the same time frame. With a market capitalization of $45.43 billion, the average volume of shares traded in the last three months was 1.37 million.Image Source: Zacks Investment ResearchThe rally was largely driven by the growing pension risk transfer (PRT) market, higher emerging markets earnings, ...