Prudential Financial에 대한 매도 수량은 투자자에게 Prudential Financial의 주식 하락에 베팅하는 정도를 알려줍니다. 매도 수량 데이터는 2주마다 업데이트됩니다.

Prudential Financial (NYSE:PRU) 주식, 공매도 수량 보고

Prudential Financial

Prudential Financial is a large, diversified insurance company offering annuities, life insurance, retirement plan services, and asset management products. While it operates in a number of countries, the vast majority of revenue is generated in the United States and Japan. The company's investment management business, PGIM, contributes approximately 10% of its earnings and has around $1.3 trillion in assets under management. The US businesses are responsible for about 50% of earnings and can be classified into Institutional Retirement Strategies, Individual Retirement Strategies, Group Insurance, Individual Life Insurance, and Assurance IQ. Finally, the international business segment of the company contributes approximately 40% of earnings with a strong market position in Japan.

Prudential Financial Inc

AMN IS A P US ETF

INVESCO FTSE RAFI US 1000 UCITS ETF

WIIM

CRBG

GSIW

LPLA

SOFI

TIGR

Shares of companies within the broader financial sector are trading higher amid overall market strength following strong September Unemployment Rate and Nonfarm Payrolls data. Also, the dockworkers struck a deal to suspend their strike after they reached a tentative agreement, easing concerns about its potential ramifications.

Throughout the last three months, 9 analysts have evaluated Prudential Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRU#NYSE">PRU</a>), offering a diverse set of opinions from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">9</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $120.44, a high estimate of $127.00, and a low estimate of $113.00. This current average has increased by 2.94% from the previous average price target of $117.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1727884892_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
A clear picture of Prudential Financial's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>John Barnidge</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$127.00</td>
<td>$121.00</td>
</tr>
<tr>
<td>Alex Scott</td>
<td>Barclays</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$118.00</td>
<td>-</td>
</tr>
<tr>
<td>Ryan Krueger</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Maintains</td>
<td>Market Perform</td>
<td>$121.00</td>
<td>$121.00</td>
</tr>
<tr>
<td>Nigel Dally</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$122.00</td>
<td>$123.00</td>
</tr>
<tr>
<td>Brian Meredith</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$119.00</td>
<td>$112.00</td>
</tr>
<tr>
<td>Elyse Greenspan</td>
<td>Wells Fargo</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$113.00</td>
<td>-</td>
</tr>
<tr>
<td>Michael Ward</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$120.00</td>
<td>$104.00</td>
</tr>
<tr>
<td>Nigel Dally</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$123.00</td>
<td>$120.00</td>
</tr>
<tr>
<td>Ryan Krueger</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$121.00</td>
<td>$118.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Prudential Financial. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Prudential Financial compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Prudential Financial's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Prudential Financial's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/PRU/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Prudential Financial analyst ratings.</a>
<h2>All You Need to Know About Prudential Financial</h2>
Prudential Financial is a large, diversified insurance company offering annuities, life insurance, retirement plan services, and asset management products. While it operates in a number of countries, the vast majority of revenue is generated in the United States and Japan. The company's investment management business, PGIM, contributes approximately 10% of its earnings and has around $1.3 trillion in assets under management. The US businesses are responsible for about 50% of earnings and can be classified into Institutional Retirement Strategies, Individual Retirement Strategies, Group Insurance, Individual Life Insurance, and Assurance IQ. Finally, the international business segment of the company contributes approximately 40% of earnings with a strong market position in Japan.
<h3>Prudential Financial's Financial Performance</h3>
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Revenue Growth: Prudential Financial's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 10.48%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Net Margin: Prudential Financial's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 7.93%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Prudential Financial's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 4.29%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Prudential Financial's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.16%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Prudential Financial's debt-to-equity ratio surpasses industry norms, standing at 0.75. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<h2>What Are Analyst Ratings?</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

Cracking The Code: Understanding Analyst Reviews For Prudential Financial

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Keybanc raised the price target for Paylocity Holding Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCTY#NASDAQ">PCTY</a>) from $171 to $182. Keybanc analyst Jason Celino maintained an Overweight rating. Paylocity shares fell 1.3% to close at $162.87 on Tuesday. <a href="https://www.benzinga.com/quote/pcty/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Baird increased the price target for Acuity Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AYI#NYSE">AYI</a>) from $280 to $318. Baird analyst Timothy Wojs maintained a Neutral rating. Acuity Brands shares gained 8.7% to close at $299.35 on Tuesday. <a href="https://www.benzinga.com/quote/AYI/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Benchmark raised The Marcus Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCS#NYSE">MCS</a>) price target from $18 to $20. Benchmark analyst Mike Hickey maintained a Buy rating. Marcus shares gained 0.5% to close at $15.15 on Tuesday. <a href="https://www.benzinga.com/quote/MCS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>B of A Securities cut PVH Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) price target from $130 to $107. B of A Securities analyst Heather Balsky downgraded the stock from Buy to Neutral. PVH shares fell 3.2% to close at $97.64 on Tuesday. <a href="https://www.benzinga.com/quote/PVH/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Northland Capital Markets raised Salesforce, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) price target from $270 to $400. Northland Capital Markets analyst Nehal Chokshi upgraded the stock from Market Perform to Outperform. Salesforce shares fell 1% to close at $270.87 on Tuesday. <a href="https://www.benzinga.com/quote/CRM/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Evercore ISI Group raised the price target for M&amp;T Bank Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>) from $187 to $210. Evercore ISI Group analyst John Pancari upgraded the stock from In-Line to Outperform. M&amp;T Bank fell 3% to close at $172.72 on Tuesday. <a href="https://www.benzinga.com/quote/MTB/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Morgan Stanley raised Domino&#8217;s Pizza, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NYSE">DPZ</a>) price target from $515 to $520. Morgan Stanley analyst Brian Harbour maintained an Overweight rating. Domino&#8217;s shares gained 0.1% to close at $430.66 on Tuesday. <a href="https://www.benzinga.com/quote/DPZ/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Piper Sandler raised the price target for Prudential Financial, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRU#NYSE">PRU</a>) from $121 to $127. Piper Sandler analyst John Barnidge maintained a Neutral rating. Prudential Financial shares fell 1.4% to close at $119.36 on Tuesday. <a href="https://www.benzinga.com/quote/PRU/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Susquehanna boosted Union Pacific Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>) price target from $250 to $260. Susquehanna analyst Bascome Majors maintained a Neutral rating. Union Pacific shares fell 0.4% to close at $245.55 on Tuesday. <a href="https://www.benzinga.com/quote/UNP/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>B of A Securities cut NIKE, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) price target from $104 to $100. B of A Securities analyst Lorraine Hutchinson maintained a Buy rating. NIKE shares gained 0.8% to close at $89.13 on Tuesday. <a href="https://www.benzinga.com/quote/NKE/analyst-ratings">See how other analysts view this stock</a>. </li>
</ul>
Read More:<a href="https://www.benzinga.com/markets/24/09/41102060/jim-cramer-hand-picks-these-3-stocks-to-ride-the-crest-of-the-chinese-stimulus-frenzy"> </a>
<ul>
<li><a href="https://www.benzinga.com/markets/24/09/41102060/jim-cramer-hand-picks-these-3-stocks-to-ride-the-crest-of-the-chinese-stimulus-frenzy">Jim Cramer Hand Picks These 3 Stocks To Ride The Crest Of The Chinese Stimulus Frenzy</a></li>
</ul>

News

Price Target

Pre-Market Outlook

Markets

Trading Ideas

PCTY

Nike To $100? Here Are 10 Top Analyst Forecasts For Wednesday

Piper Sandler analyst John Barnidge maintains Prudential Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRU#NYSE">PRU</a>) with a Neutral and raises the price target from $121 to $127.

Piper Sandler Maintains Neutral on Prudential Financial, Raises Price Target to $127

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/04/24</td>
<td>$13.50</td>
<td>$50.0K</td>
<td>109</td>
<td>5.0K</td>
</tr>
<tr>
<td>C</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$65.00</td>
<td>$25.2K</td>
<td>24.6K</td>
<td>1.5K</td>
</tr>
<tr>
<td>SQ</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$67.50</td>
<td>$496.0K</td>
<td>64</td>
<td>1.0K</td>
</tr>
<tr>
<td>FHN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$17.00</td>
<td>$143.0K</td>
<td>246</td>
<td>1.0K</td>
</tr>
<tr>
<td>AFRM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$47.50</td>
<td>$51.5K</td>
<td>2.2K</td>
<td>580</td>
</tr>
<tr>
<td>SOFI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/18/26</td>
<td>$7.00</td>
<td>$46.5K</td>
<td>7.4K</td>
<td>412</td>
</tr>
<tr>
<td>COIN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$190.00</td>
<td>$42.1K</td>
<td>646</td>
<td>361</td>
</tr>
<tr>
<td>PYPL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/19/25</td>
<td>$82.50</td>
<td>$243.9K</td>
<td>19</td>
<td>309</td>
</tr>
<tr>
<td>PRU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$115.00</td>
<td>$90.2K</td>
<td>1.5K</td>
<td>153</td>
</tr>
<tr>
<td>JPM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$190.00</td>
<td>$37.3K</td>
<td>3.4K</td>
<td>42</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding NU (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>), we observe a put option sweep with bearish sentiment. It expires in 14 day(s) on October 4, 2024. Parties traded 5000 contract(s) at a $13.50 strike. This particular put needed to be split into 50 different trades to become filled. The total cost received by the writing party (or parties) was $50.0K, with a price of $10.0 per contract. There were 109 open contracts at this strike prior to today, and today 5051 contract(s) were bought and sold. 
• For C (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), we notice a call option sweep that happens to be bearish, expiring in 28 day(s) on October 18, 2024. This event was a transfer of 300 contract(s) at a $65.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $25.2K, with a price of $84.0 per contract. There were 24630 open contracts at this strike prior to today, and today 1534 contract(s) were bought and sold. 
• Regarding SQ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQ#NYSE">SQ</a>), we observe a put option trade with bullish sentiment. It expires in 56 day(s) on November 15, 2024. Parties traded 1000 contract(s) at a $67.50 strike. The total cost received by the writing party (or parties) was $496.0K, with a price of $496.0 per contract. There were 64 open contracts at this strike prior to today, and today 1058 contract(s) were bought and sold. 
• Regarding FHN (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FHN#NYSE">FHN</a>), we observe a put option trade with bearish sentiment. It expires in 56 day(s) on November 15, 2024. Parties traded 1000 contract(s) at a $17.00 strike. The total cost received by the writing party (or parties) was $143.0K, with a price of $143.0 per contract. There were 246 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold. 
• For AFRM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>), we notice a call option trade that happens to be bearish, expiring in 28 day(s) on October 18, 2024. This event was a transfer of 250 contract(s) at a $47.50 strike. The total cost received by the writing party (or parties) was $51.5K, with a price of $206.0 per contract. There were 2222 open contracts at this strike prior to today, and today 580 contract(s) were bought and sold. 
• Regarding SOFI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>), we observe a call option sweep with bearish sentiment. It expires in 636 day(s) on June 18, 2026. Parties traded 150 contract(s) at a $7.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $46.5K, with a price of $310.0 per contract. There were 7412 open contracts at this strike prior to today, and today 412 contract(s) were bought and sold. 
• For COIN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), we notice a put option trade that happens to be bearish, is expiring today. Parties traded 20 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $42.1K, with a price of $2105.0 per contract. There were 646 open contracts at this strike prior to today, and today 361 contract(s) were bought and sold. 
• Regarding PYPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>), we observe a put option sweep with bearish sentiment. It expires in 455 day(s) on December 19, 2025. Parties traded 173 contract(s) at a $82.50 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $243.9K, with a price of $1410.0 per contract. There were 19 open contracts at this strike prior to today, and today 309 contract(s) were bought and sold. 
• For PRU (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRU#NYSE">PRU</a>), we notice a call option trade that happens to be bullish, is expiring today. Parties traded 148 contract(s) at a $115.00 strike. The total cost received by the writing party (or parties) was $90.2K, with a price of $610.0 per contract. There were 1547 open contracts at this strike prior to today, and today 153 contract(s) were bought and sold. 
• For JPM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), we notice a call option trade that happens to be bearish, is expiring today. Parties traded 19 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $37.3K, with a price of $1966.0 per contract. There were 3480 open contracts at this strike prior to today, and today 42 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

AFRM

COIN

PYPL

10 Financials Stocks With Whale Alerts In Today's Session

New offering allows employers with self-funded medical plans to manage the risk of high medical claim payouts
Prudential Financial, Inc. ((<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;,%20url=https%3A%2F%2Fwww.prudential.com%2Fabout&amp;,%20esheet=54124569&amp;,%20newsitemid=20240919373614&amp;,%20lan=en-US&amp;,%20anchor=NYSE%3A+PRU&amp;,%20index=1&amp;,%20NYSE:%3Ca%20class=">PRU</a>) has introduced a <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fprudential.scene7.com%2Fis%2Fcontent%2Fprudential%2F1081799_MedicalStopLoss_Video&amp;esheet=54124569&amp;newsitemid=20240919373614&amp;lan=en-US&amp;anchor=Stop+Loss+Insurance+product&amp;index=2&amp;md5=d31b07d257288220c647ba0a7590e606">Stop Loss Insurance product</a> aimed at helping protect companies with self-funded employee medical plans against catastrophic medical claim payouts.
With Stop Loss Insurance, employers can set a cap on their potential employee healthcare spend and transfer some of the claims volatility to The Prudential Insurance Company of America.

Prudential Financial Introduces Stop Loss Insurance, New Offering Allows Employers With Self-Funded Medical Plans To Manage The Risk Of High Medical Claim Payouts

ALTI

CNFR

HOOD

IBKR

NTRS

UPST

WENA

Shares of companies within the broader financial sector are trading lower amid overall market weakness as investors react to jobs data.

Barclays analyst Alex Scott initiates coverage on Prudential Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRU#NYSE">PRU</a>) with a Equal-Weight rating and announces Price Target of $118.

Initiation

Barclays Initiates Coverage On Prudential Financial with Equal-Weight Rating, Announces Price Target of $118

Keefe, Bruyette &amp; Woods analyst Ryan Krueger maintains Prudential Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRU#NYSE">PRU</a>) with a Market Perform and maintains $121 price target.

Keefe, Bruyette & Woods Maintains Market Perform on Prudential Financial, Maintains $121 Price Target

Morgan Stanley analyst Nigel Dally maintains Prudential Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRU#NYSE">PRU</a>) with a Equal-Weight and lowers the price target from $123 to $122.

Morgan Stanley Maintains Equal-Weight on Prudential Financial, Lowers Price Target to $122

UBS analyst Brian Meredith maintains Prudential Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRU#NYSE">PRU</a>) with a Neutral and raises the price target from $112 to $119.

UBS Maintains Neutral on Prudential Financial, Raises Price Target to $119

7 analysts have shared their evaluations of Prudential Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRU#NYSE">PRU</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Prudential Financial, revealing an average target of $127.0, a high estimate of $143.00, and a low estimate of $113.00. Marking an increase of 5.25%, the current average surpasses the previous average price target of $120.67. 
<img src="https://www.benzinga.com/files/images/story/2024/1723467608_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
The standing of Prudential Financial among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Elyse Greenspan</td>
<td>Wells Fargo</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$113.00</td>
<td>-</td>
</tr>
<tr>
<td>Michael Ward</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$120.00</td>
<td>$104.00</td>
</tr>
<tr>
<td>Nigel Dally</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$123.00</td>
<td>$120.00</td>
</tr>
<tr>
<td>Ryan Krueger</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$121.00</td>
<td>$118.00</td>
</tr>
<tr>
<td>Jimmy Bhullar</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$128.00</td>
<td>$118.00</td>
</tr>
<tr>
<td>Suneet Kamath</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Buy</td>
<td>$141.00</td>
<td>$143.00</td>
</tr>
<tr>
<td>Suneet Kamath</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$143.00</td>
<td>$121.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Prudential Financial. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Prudential Financial compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Prudential Financial's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Prudential Financial's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/PRU/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Prudential Financial analyst ratings.</a>
<h2>About Prudential Financial</h2>
Prudential Financial is a large, diversified insurance company offering annuities, life insurance, retirement plan services, and asset management products. While it operates in a number of countries, the vast majority of revenue is generated in the United States and Japan. The company's investment management business, PGIM, contributes approximately 10% of its earnings and has around $1.3 trillion in assets under management. The US businesses are responsible for about 50% of earnings and can be classified into Institutional Retirement Strategies, Individual Retirement Strategies, Group Insurance, Individual Life Insurance, and Assurance IQ. Finally, the international business segment of the company contributes approximately 40% of earnings with a strong market position in Japan.
<h3>Prudential Financial: A Financial Overview</h3>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: Prudential Financial displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 10.48%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Prudential Financial's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 7.93%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Prudential Financial's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 4.29%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Prudential Financial's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.16%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 0.75, caution is advised due to increased financial risk.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

7 Analysts Have This To Say About Prudential Financial

Wells Fargo analyst Elyse Greenspan upgrades Prudential Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRU#NYSE">PRU</a>) from Underweight to Equal-Weight and announces $113 price target.

Upgrades

Wells Fargo Upgrades Prudential Financial to Equal-Weight, Announces $113 Price Target

ACGL

Brighthouse Financial, Inc. - Common Stock

CINF

GOCO

OSCR

PLMR

RELI

SLQT

Shares of insurance companies are trading lower amid overall weakness following concerns for recently issued US economic data.

Prudential Financial shares are trading lower after the company reported worse-than-expected Q2 financial results.

Earnings

Earnings Misses

Prudential Financial Q2 2024 Sales $13.481B Miss $13.529B Estimate

Prudential Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRU#NYSE">PRU</a>) reported quarterly earnings of $3.39 per share which missed the analyst consensus estimate of $3.45 by 1.74 percent.

Prudential Financial Q2 2024 Adj. EPS $3.39 Misses $3.45 Estimate

Prudential Financial, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pru#NYSE">PRU</a>) 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.
<h3>Factors to Consider</h3>
The 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&#39;s international businesses are likely to have benefited from higher net investment spread results and higher earnings from joint ventures and other operating entities. The upside is likely to have been partially offset by lower underwriting results.
Group Insurance business in the to-be-reported quarter is likely to have benefited from more higher underwriting results and higher net investment spread results. The upside is likely to have been partially offset by higher expenses.
PGIM is likely to have gained from equity market appreciation and tightening credit spreads. The upside is likely to have been partially offset by the impacts of higher interest rates and unfavorable foreign exchange rates.
Assets under management are likely to have benefited from equity market appreciation and tightening credit spreads, partially offset by net outflows.
Net investment income is likely to have gained from higher reinvestment rates, higher non-coupon income and growth in indexed variable annuities. The upside is likely to have been partially offset by higher operating and variable expenses. We expect net investment income to increase 7.4% to $4 billion in the to-be-reported quarter.
Expenses are likely to have increased because of higher general and administrative expenses, amortization of deferred policy acquisition costs and interest credited to policyholders&#39; account balances. We expect total expenses to be $11.5 billion.
The Individual Retirement Strategies business is likely to have benefited from higher net investment spread results due to higher reinvestment rates, more favorable short-term interest rates and growth in indexed variable annuities.
The company estimates earnings per share to be $3.36 for the second quarter of 2024.
The Zacks Consensus Estimate for earnings per share is pegged at $3.43, indicating an increase of 16.6% from the year-ago period&#39;s reported figure.
The Zacks Consensus Estimate for revenues is pegged at $13.78 billion, indicating a decrease of 9% from the year-ago quarter&#39;s reported figure.
<h3>What Our Quantitative Model Unveils</h3>
Our proven model predicts an earnings beat for Prudential Financial this time around. This is because the stock has the right combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold).
Earnings ESP: Prudential Financial has an Earnings ESP of +0.11%.
<div class="chart_embed">
Prudential Financial, Inc. Price and EPS Surprise
<img alt="Prudential Financial, Inc. Price and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/ca/1722255782.png" style="height:263px; width:545px" title="" />
Prudential Financial, Inc. price-eps-surprise | Prudential Financial, Inc. Quote
Zacks Rank: PRU carries a Zacks Rank #3 at present.
</div>
<h3>Other Stocks to Consider</h3>
Some other insurance stocks with the right combination of elements to deliver an earnings beat this time around are:
Kemper Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kmpr#NYSE">KMPR</a>) has an Earnings ESP of +14.77% and sports a Zacks Rank #1 at present. The Zacks Consensus Estimate for second-quarter 2024 earnings is pegged at $1.27, indicating a year-over-year increase of 25.7%.
KMPR&#39;s earnings beat estimates in two of the last four reported quarters and missed in one and matched in one.
Oscar Health, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/oscr#NYSE">OSCR</a>) has an Earnings ESP of +3.23% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for second-quarter 2024 earnings is pegged at 16 cents, indicating a year-over-year increase of 328.5%.
OSCR&#39;s earnings beat estimates in each of the last four reported quarters.
Fidelity National Financial, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fnf#NYSE">FNF</a>) has an Earnings ESP of +1.61% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for second-quarter 2024 earnings is pegged at $1.27, indicating a year-over-year increase of 25.7%.
FNF&#39;s earnings beat estimates in one of the last four reported quarters and missed in the other three.
<a href="https://www.zacks.com/stock/news/2311090/will-prudential-pru-pull-off-a-surprise-in-q2-earnings?cid=CS-BENZ-FT-analyst_blog|earnings_preview-2311090">To read this article on Zacks.com click here.</a>

Health Care

General

KMPR

Will Prudential Pull Off a Surprise in Q2 Earnings?

Ratings for Prudential Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRU#NYSE">PRU</a>) were provided by 8 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Prudential Financial and provided 12-month price targets. The average target is $126.62, accompanied by a high estimate of $143.00 and a low estimate of $116.00. Surpassing the previous average price target of $120.50, the current average has increased by 5.08%.
<img src="https://www.benzinga.com/files/images/story/2024/1721750475_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
The standing of Prudential Financial among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Michael Ward</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$120.00</td>
<td>$104.00</td>
</tr>
<tr>
<td>Nigel Dally</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$123.00</td>
<td>$120.00</td>
</tr>
<tr>
<td>Ryan Krueger</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$121.00</td>
<td>$118.00</td>
</tr>
<tr>
<td>Jimmy Bhullar</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$128.00</td>
<td>$118.00</td>
</tr>
<tr>
<td>Suneet Kamath</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Buy</td>
<td>$141.00</td>
<td>$143.00</td>
</tr>
<tr>
<td>Suneet Kamath</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$143.00</td>
<td>$121.00</td>
</tr>
<tr>
<td>John Barnidge</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$121.00</td>
<td>$125.00</td>
</tr>
<tr>
<td>Thomas Gallagher</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Underperform</td>
<td>$116.00</td>
<td>$115.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Prudential Financial. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Prudential Financial compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of Prudential Financial's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
For valuable insights into Prudential Financial's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/PRU/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Prudential Financial analyst ratings.</a>
<h2>All You Need to Know About Prudential Financial</h2>
Prudential Financial is a large, diversified insurance company offering annuities, life insurance, retirement plan services, and asset management products. While it operates in a number of countries, the vast majority of revenue is generated in the United States and Japan. The company's investment management business, PGIM, contributes approximately 10% of its earnings and has around $1.3 trillion in assets under management. The US businesses are responsible for about 50% of earnings and can be classified into Institutional Retirement Strategies, Individual Retirement Strategies, Group Insurance, Individual Life Insurance, and Assurance IQ. Finally, the international business segment of the company contributes approximately 40% of earnings with a strong market position in Japan.
<h3>A Deep Dive into Prudential Financial's Financials</h3>
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Growth: Prudential Financial's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 38.09%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Financials sector.
Net Margin: Prudential Financial's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 4.77%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Prudential Financial's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 4.08%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Prudential Financial's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.16%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: Prudential Financial's debt-to-equity ratio surpasses industry norms, standing at 0.77. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<h2>Analyst Ratings: Simplified</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Closer Look at 8 Analyst Recommendations For Prudential Financial

Citigroup analyst Michael Ward maintains Prudential Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRU#NYSE">PRU</a>) with a Neutral and raises the price target from $104 to $120.

Citigroup Maintains Neutral on Prudential Financial, Raises Price Target to $120

2 Expensive, Blue Chip Stocks With Significant Insider Selling In The Past Year

IBM to book $2.7B charge related to transfer of pension obligations

Insurance Stocks See Growth Momentum

T. Rowe Price: Upgrading To Strong Buy Amid Rising AUM

Prudential Financial: H1 2024 Earnings Support Its Income Appeal

China-exposed stocks with low volatility and high upside to YTD highs

China-exposed European stocks that could see a lift amid growth expectations

Citi lists Developed Market stocks with high revenue exposure to China

Piper Sandler analyst John Barnidge maintained a Hold rating on Prudential Financial (PRU – Research Report) today and set a price target of $127.0...

Piper Sandler Sticks to Their Hold Rating for Prudential Financial (PRU)

As the Federal Reserve's interest rate cuts reshape the economic landscape, insurance stocks are poised for growth. With rising portfolio values and the potential for lower insurance costs, this could be an opportune time for investors to scoop up the shares of MetLife (MET), Prudential Financial (PRU), and Lincoln National Corp. (LNC) with attractive dividend yields. Read on… The insurance sector is known for generating solid long-term profits as it thrives in both flourishing and challenging economic periods. Below, I have highlighted three fundamentally sound insurance stocks, namely, MetLife, Inc. (<a href="https://stocknews.com/stock/MET/">MET</a>), Prudential Financial, Inc. (<a href="https://stocknews.com/stock/PRU/">PRU</a>), and Lincoln National Corporation (<a href="https://stocknews.com/stock/LNC/">LNC</a>). These companies offer attractive dividend yields, providing a blend of income stability and potential for capital appreciation.
The recent half-point interest rate cut by the Federal Reserve is <a href="https://insurancenewsnet.com/innarticle/insurance-experts-see-good-news-after-fed-cuts-rates-by-a-half-point">beneficial</a> for the insurance industry because it reduces borrowing costs. For life insurance companies that invest in long-term, fixed-rate securities, the value of their investments is likely to increase, even if some indexed products face short-term challenges. On the property and casualty side, the rise in portfolio values could lead to lower insurance costs in the near future.
According to <a href="https://www.statista.com/outlook/fmo/insurances/worldwide#:~:text=Looking%20ahead%2C%20the%20gross%20written%20premium%20is%20anticipated%20to%20show%20an%20annual%20growth%20rate%20of%202.38%25%20(CAGR%202024%2D2029)%2C%20resulting%20in%20a%20market%20volume%20of%20US%249.02tn%20by%202029.">Statista</a>, the global insurance market is anticipated to reach a gross written premium of $9.02 trillion by 2029, growing at a CAGR of 2.4%.
Moreover, while the rate cuts may result in higher premiums, they also encourage the adoption of advanced technologies like AI and GenAI, pushing insurers to explore these innovations to enhance their operations. As a result, AI in the insurance industry is projected to reach $35.77 billion by 2030, exhibiting a <a href="https://appinventiv.com/blog/ai-in-insurance/">CAGR of 33.1%</a>.
With that in mind, let's evaluate the fundamentals of three <a href="https://stocknews.com/category/life-insurance/">Insurance - Life</a> stocks, beginning with #3.
Stock #3: Lincoln National Corporation (<a href="https://stocknews.com/stock/LNC/">LNC</a>)
LNC and its subsidiaries operate multiple insurance and retirement businesses through four segments: Annuities; Life Insurance; Group Protection; and Retirement Plan Services. The company distributes its products through consultants, brokers, planners, agents, financial advisors, third-party administrators, and other intermediaries.
On August 22, buoyed by strong financial performance, the company declared a quarterly <a href="https://www.investopedia.com/terms/d/dividend.asp">dividend</a> of $0.45 per share, payable on November 01, to the shareholders of record on October 10, 2024.
LNC pays an annual dividend of $1.80, which translates to a yield of 5.88% at the current share price. Its four-year average dividend yield is 4.72%. Moreover, the company's dividend payouts have increased at an impressive CAGR of 4.6% over the past five years.
In the same month, LNC enhanced its Lincoln PathBuilder Income&#xAE; product by adding a lifetime income guarantee to its asset allocation fund. This upgrade, part of Lincoln's broader suite of guaranteed income solutions, offers greater flexibility and customization for plan sponsors and participants. This development will likely increase LNC's appeal in the retirement planning market and boost its revenue potential.
For the second quarter of 2024, which ended on June 30, LNC's revenue increased 75.9% year-over-year to $5.15 billion. Its net income available to common stockholders stood at $884 million, up 76.1% year-over-year, while its net income available per share amounted to $5.11, representing an increase of 73.8% from the last year.
Street expects LNC's revenue for the fiscal fourth quarter (ending December 2024) to increase 136.6% year-over-year to $4.65 billion. Moreover, its EPS estimate of $1.79 for the same period indicates a 23.6% year-over-year growth.
LNC shares have surged 26.4% over the past year and 13.5% year-to-date to close the last trading session at $30.61.
LNC's stance is apparent in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an A grade for Momentum and a B for Value. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
Among the 26 stocks in the B-rated <a href="https://stocknews.com/category/life-insurance/">Insurance - Life</a> industry, it is ranked #25. <a href="https://stocknews.com/stock/LNC/">Click here</a> to see the additional ratings for LNC (Growth, Stability, Sentiment, and Quality).
Stock #2: Prudential Financial, Inc. (<a href="https://stocknews.com/stock/PRU/">PRU</a>)
PRU provides insurance, investment management, and other financial products and services internationally. It operates through five segments: PGIM; Retirement Strategies; Group Insurance; Individual Life; and International Businesses.
On September 12, the company paid its shareholders a quarterly dividend of $1.30 per common stock. With 15 years of consecutive dividend growth, PRU pays an annual dividend of $5.20, which translates to a yield of 4.37% at the current share price. Its four-year average dividend yield is 4.84%. Moreover, its dividend payouts have increased at a CAGR of 5.7% over the past five years.
On August 20, PRU announced an agreement to reinsure a portion of its guaranteed universal life block with Wilton Re. The terms state that Wilton Re will reinsure approximately $11 billion of reserves backing Prudential's guaranteed universal life policies. This transaction advances PRU's strategic progress toward becoming a higher-growth and more capital-efficient company.
PRU's total adjusted operating income before income taxes for the second quarter (ended June 30, 2024) increased 11.1% year-over-year to $1.61 billion, while the PGIM segment reported an adjusted operating income before taxes of $206 million, indicating a 15.1% growth from the prior-year quarter. The company's attributable net income came in at $1.19 billion and $3.28 per share, up 134.4% and 137.7% year-over-year, respectively.
Analysts expect PRU's revenue for the third quarter (ended September 2024) to increase 11.9% year-over-year to $13.66 billion, while its EPS for the same period is expected to grow 1.8% from the prior year to $3.50. Moreover, it topped the consensus revenue estimates in three of the trailing four quarters, which is promising.
Over the past year, the stock has surged 27.4%, closing the last trading session at $118.95.
PRU's mixed fundamentals are reflected in its POWR Ratings. The stock has an A grade for Growth and Momentum. It is ranked #18 in the same B-rated industry. <a href="https://stocknews.com/stock/PRU/">Click here</a> to see the other PRU rating for Value, Stability, Sentiment, and Quality.
Stock #1: MetLife, Inc. (<a href="https://stocknews.com/stock/MET/">MET</a>)
MET is a financial services company that provides insurance, annuities, employee benefits, and asset management services to individual and institutional customers. It operates through six segments: Group Benefits; Retirement and Income Solutions (RIS); Asia; Latin America; Europe, the Middle East and Africa (EMEA); and MetLife Holdings.
On September 10, demonstrating its commitment to returning value to shareholders, the company paid a quarterly dividend of $0.55 per share. MET pays an annual dividend of $2.18, which translates to a yield of 2.67% at the current share price. Its four-year average dividend yield is 3.14%. Also, the company's dividend payouts have increased at a CAGR of 4.4% over the past five years.
During the second quarter that ended on June 30, 2024, MET's total revenues increased 7.2% year-over-year to $17.82 billion, while the company's adjusted premiums, fees and other revenues, excluding PRT came in at $11.77 billion, reflecting an increase of 3.6% from the prior year quarter. In addition, its adjusted earnings amounted to $1.63 billion and $2.28 per share, reflecting an increase of 9.1% and 17.5% year-over-year, respectively.
The consensus revenue estimate of $18.54 billion for the fiscal third quarter (ended September 2024) represents a 16.9% increase year-over-year. The consensus EPS estimate of $2.26 for the same quarter indicates a 14.6% improvement year-over-year. The company has an impressive earnings surprise history; it surpassed the EPS estimates in three of the trailing four quarters.
The stock has gained 32.6% over the past year and 21.4% over the past nine months to close the last trading session at $81.79.
It's no surprise that MET has an overall rating of B, equating to a Buy in our POWR Ratings system. It has an A grade for Growth and Momentum. Out of 26 stocks in the Insurance - Life industry, MET is ranked #7.
Beyond what is stated above, we've also rated MET for Value, Stability, Sentiment, and Quality. Get all MET ratings <a href="https://stocknews.com/stock/MET/">here</a>.
What To Do Next?
43 year investment veteran, Steve Reitmeister, has just released his 2024 market outlook along with trading plan and top 11 picks for the year ahead.
<a href="https://report.stocknews.com/sign-up/stock-market-outlook-2024/?formplacement=artbotad_smo24_rep">2024 Stock Market Outlook &gt;</a>

<hr />
MET shares were trading at $81.50 per share on Thursday morning, down $0.29 (-0.35%). Year-to-date, MET has gained 26.20%, versus a 20.57% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Shweta Kumari</h2> <img src='https:/wp-content/uploads/2022/03/Shweta-Kumari_Image-2.jpg' style="float:left; padding:5px;width:125px;">Shweta's profound interest in financial research and quantitative analysis led her to pursue a career as an investment analyst. She uses her knowledge to help retail investors make educated investment decisions.<a href="https://stocknews.com/authors/?author=shweta-kumari">More...</a>The post <a href=https://stocknews.com/news/met-pru-lnc-3-insurance-stocks-with-attractive-dividend-yields/>3 Insurance Stocks With Attractive Dividend Yields</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Insurance Stocks With Attractive Dividend Yields

AAUKF

ACWI

ANFGF

ASML

ATEYY

ATLKY

AVGO

BESIY

BMWYY

CABGY

CFRHF

COST

CVVTF

CZMWF

DISPF

DSCSY

FANUF

FANUY

FCHRF

HSBC

IFNNY

IKTSF

IKTSY

KBWP

KNYJF

KNYJY

LRCX

LRLCF

LVMHF

MBGAF

MONRF

MRVL

NJDCY

NNDNF

OMRNF

OMRNY

OUKPF

OUKPY

POAHY

PPRUF

PROSY

ROHCY

RPYTF

SCBFF

SEBYF

SKFRY

SLOIF

SMCAY

SWGAY

TOELF

TOELY

TROW

TTDKF

TTDKY

VACNY

VOYA

VWAGY

WKCMF

Press Releases

Prudential Financial to Reinsure $11B Guaranteed Universal Life Block with Wilton Re

The Right Resources at the Right Time: Introducing Prudential's Enhanced Employee Well-Being Solutions at the Core of Prudential's Group Life, Disability and Supplemental Health Offering

Prudential to Fulfill $221 Million in Retirement Promises for Sound Retirement Trust in Industry's First Multiemployer Pension Risk Transfer

PGIM Closed-End Funds Declare Distributions for September, October and November 2024

PGIM survey: Investors to continue risk-on appetite in 2025, despite geopolitical uncertainty

Prudential Financial introduces Stop Loss Insurance

Insurance

Studies by Aflac and Prudential Financial address the impact of paid leave in the workplace

Advent International Appoints Former EY Global Chairman and CEO Carmine Di Sibio as Operating Partner

PGIM partners with iJoin to expand access to PGIM RetireWell™ Managed Accounts

Prudential Financial, Inc. to Announce Third Quarter 2024 Earnings; Schedules Conference Call

Comments

Prudential Financial

매도 수량

Prudential Financial (NYSE:PRU) 주식, 공매도 수량 보고

사람들이 또한 지켜본다

뉴스

파트너 / 기고자

벤징가 글로벌