PUK Stock Recent News

Does Prudential (PUK) have what it takes to be a top stock pick for momentum investors? Let's find out.

NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) announced today it has joined the Industry Advisory Board of the Center for Research toward Advancing Financial Technologies (CRAFT) at Stevens Institute of Technology. As a board member, Prudential will partner with leading research universities, including Rensselaer Polytechnic Institute and the University of Connecticut, to address the opportunities and challenges in financial technology. With its focus on expanding access.

NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) announced today the declaration of a quarterly dividend of $1.35 per share of Common Stock, payable on June 12, 2025, to shareholders of record at the close of business on May 20, 2025. 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 March 31, 2025, has operations in the United States, Asia.

Prudential Financial's shares have declined 7% over the past year, but recent solid financial results and a favorable macro outlook make me more bullish now. The company reported Q1 earnings of $3.29 per share, beating estimates, with strong demand for lower-risk retirement products and positive net flows in asset management. Prudential's solid balance sheet, strong liquidity, and secure 5.3% dividend support a compelling investment case, with shares trading below 1.1x book value.

Prudential Financial's 5%+ yield is secure, and the company remains positioned to deliver more mid-single-digit annual dividend growth in the years ahead. The company's upstanding reputation, respectable performance versus benchmarks, and huge addressable market in the retirement space should be growth catalysts. Prudential Financial maintains much more liquidity than its objective.

PRU's Q1 results reflect higher asset management fees, improved assets under management and lower expenses, offset by lower net investment spread results.

NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) today reported first quarter results. Net income attributable to Prudential Financial, Inc. was $707 million ($1.96 per Common share) for the first quarter of 2025, compared to net income of $1.138 billion ($3.12 per Common share) for the first quarter of 2024. After-tax adjusted operating income was $1.188 billion ($3.29 per Common share) for the first quarter of 2025, compared to $1.115 billion ($3.05 per Common share) for.

PRU's Q1 results are likely to better results across its segments, offset by higher expenses.

NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) announced today that it will redeem all of the $1,000,000,000 outstanding aggregate principal amount of its 5.375% Fixed-to-Floating Rate Junior Subordinated Notes due 2045 (CUSIP/ISIN No. 744320AV4 / US744320AV41) (the “Notes”). The Notes will be redeemed on May 15, 2025 at a redemption price equal to 100% of the principal amount of the Notes, plus accrued and unpaid interest to, but excluding, the redemption date. A notice.

NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) will release its first quarter 2025 earnings on Wednesday, April 30, 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, May 1, 2025, at 11:00 a.m. ET to discuss with the investment community the company's.