Equities Analysts Issue Forecasts for PRU FY2026 Earnings

Prudential Financial, Inc. (NYSE:PRU) – Research analysts at DOWLING & PARTN issued their FY2026 earnings per share (EPS) estimates for shares of Prudential Financial in a report issued on Wednesday, May 20th. DOWLING & PARTN analyst J. Hurwitz expects that the financial services provider will post earnings of $14.00 per share for the year. The consensus estimate for Prudential Financial’s current full-year earnings is $13.82 per share. DOWLING & PARTN also issued estimates for Prudential Financial’s FY2027 earnings at $14.85 EPS and FY2028 earnings at $16.05 EPS.

Other equities research analysts have also recently issued research reports about the company. JPMorgan Chase & Co. lowered their price target on Prudential Financial from $133.00 to $127.00 and set a “neutral” rating for the company in a research note on Wednesday, February 4th. Zacks Research cut Prudential Financial from a “hold” rating to a “strong sell” rating in a research note on Wednesday, April 29th. Weiss Ratings cut Prudential Financial from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, March 13th. BMO Capital Markets decreased their target price on Prudential Financial from $91.00 to $87.00 and set an “underperform” rating for the company in a research report on Thursday, April 23rd. Finally, Morgan Stanley reaffirmed an “underweight” rating and set a $92.00 target price (down from $106.00) on shares of Prudential Financial in a research report on Monday, May 4th. Nine equities research analysts have rated the stock with a Hold rating and six have given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of $101.50.

Prudential Financial Trading Down 1.4%

Shares of NYSE PRU opened at $102.71 on Wednesday. The stock has a market cap of $35.64 billion, a price-to-earnings ratio of 10.57, a PEG ratio of 1.89 and a beta of 0.86. The business has a 50 day simple moving average of $98.25 and a 200 day simple moving average of $104.56. Prudential Financial has a 52 week low of $91.89 and a 52 week high of $119.76. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.16 and a current ratio of 0.16.

Prudential Financial (NYSE:PRU) last announced its quarterly earnings results on Tuesday, May 5th. The financial services provider reported $3.61 EPS for the quarter, beating the consensus estimate of $3.09 by $0.52. The business had revenue of $15.23 billion during the quarter, compared to analysts’ expectations of $14.10 billion. Prudential Financial had a return on equity of 16.33% and a net margin of 5.83%.During the same quarter in the previous year, the business posted $3.29 EPS.

Prudential Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Tuesday, May 26th will be given a dividend of $1.40 per share. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $5.60 dividend on an annualized basis and a yield of 5.5%. Prudential Financial’s dividend payout ratio is presently 57.61%.

Institutional Investors Weigh In On Prudential Financial

Large investors have recently added to or reduced their stakes in the stock. Groupama Asset Managment boosted its position in shares of Prudential Financial by 66.0% in the first quarter. Groupama Asset Managment now owns 6,696 shares of the financial services provider’s stock valued at $654,000 after acquiring an additional 2,662 shares during the period. Groupe la Francaise boosted its position in shares of Prudential Financial by 7.8% in the first quarter. Groupe la Francaise now owns 87,165 shares of the financial services provider’s stock valued at $8,515,000 after acquiring an additional 6,325 shares during the period. Bank of America Corp DE boosted its position in shares of Prudential Financial by 9.7% in the first quarter. Bank of America Corp DE now owns 1,897,227 shares of the financial services provider’s stock valued at $185,340,000 after acquiring an additional 168,156 shares during the period. Kentucky Retirement Systems boosted its position in shares of Prudential Financial by 71.7% in the first quarter. Kentucky Retirement Systems now owns 38,226 shares of the financial services provider’s stock valued at $3,525,000 after acquiring an additional 15,961 shares during the period. Finally, Centaurus Financial Inc. bought a new stake in shares of Prudential Financial in the first quarter valued at approximately $104,000. Institutional investors own 56.83% of the company’s stock.

Prudential Financial Company Profile

Prudential Financial, Inc, headquartered in Newark, New Jersey, is a diversified financial services company with roots dating to 1875. The firm provides a range of insurance, retirement and investment products aimed at helping individual and institutional clients manage risk, accumulate and protect wealth, and plan for retirement. Prudential’s long history in life insurance and related financial services has positioned it as a major participant in the U.S. insurance market and a provider of services to a broad client base.

Prudential’s core business activities include individual life insurance, annuities, retirement solutions and group insurance products for employers.