PRU Stock Recent News

Investors who already have PRU stock in their portfolio should retain it as this insurance behemoth is unlikely to disappoint.

Prudential recently reported their Q2 earnings that reinforced solid segment growth in US and International markets. PRU has a dividend yield of about 4.5% and manages to maintain a high rate of dividend growth. The payout ratio remains healthy and can support future raises. There will soon be an influx of retirees from Gen Z. This can be an opportunity for PRU to continue growing their base assets under management and increase segment revenues.

NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc., has launched Prudential Momentum IUL℠, a new indexed universal life product issued by Pruco Life Insurance Company and Pruco Life Insurance Company of New Jersey (in NY) that provides the financial resiliency in growth and protection that customers need to withstand changing life events. “Prudential is committed to providing our customers with the solutions they need to adapt and keep up with life's opportunities and challenges,” says R.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Prudential (PRU) have what it takes?

NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) will participate in the 2024 KBW Insurance Conference on Wednesday, September 4, 2024. On that day at approximately 10:50 a.m. ET, Charles Lowrey, chairman and CEO, will participate in an analyst-led fireside chat. Interested parties may listen to the presentation through a live audio webcast on Prudential Financial's Investor Relations website at investor.prudential.com. Please log on at least 15 minutes early to register, d.

NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) announced today the declaration of a quarterly dividend of $1.30 per share of Common Stock, payable on September 12, 2024, to shareholders of record at the close of business on August 20, 2024. Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.5 trillion in assets under management as of June 30, 2024, has operations in the United State.

Prudential's (PRU) quarterly results reflect a rise in asset management fees, positive third-party net flows, improved net investment spread results and favorable underwriting results, offset by higher expenses.

Prudential Financial, Inc. (NYSE:PRU ) Q2 2024 Earnings Conference Call August 2, 2024 11:00 AM ET Company Participants Bob McLaughlin - Vice President, Investor Relations Charlie Lowrey - Chairman and CEO Rob Falzon - Vice Chairman Andy Sullivan - Head, International Businesses and PGIM, Global Investment Manager Caroline Feeney - Head, U.S. Businesses Yanela Frias - Chief Financial Officer Rob Axel - Controller and Principal Accounting Officer Conference Call Participants Ryan Krueger - KBW Suneet Kamath - Jefferies Elyse Greenspan - Wells Fargo Wesley Carmichael - Autonomous Research Tom Gallagher - Evercore ISI John Barnidge - Piper Sandler Jimmy Bhullar - JPMorgan Michael Ward - Citi Operator Ladies and gentlemen, thank you for standing by. And welcome to Prudential's Quarterly Earnings Conference Call.

While the top- and bottom-line numbers for Prudential (PRU) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

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.