DOWLING & PARTN Analysts Lower Earnings Estimates for PRU

Prudential Financial, Inc. (NYSE:PRU) – Research analysts at DOWLING & PARTN reduced their FY2026 EPS estimates for shares of Prudential Financial in a research note issued to investors on Monday, July 13th. DOWLING & PARTN analyst J. Hurwitz now anticipates that the financial services provider will post earnings per share of $13.80 for the year, down from their prior estimate of $14.00. The consensus estimate for Prudential Financial’s current full-year earnings is $13.82 per share.

Other research analysts have also recently issued research reports about the company. Piper Sandler boosted their price target on Prudential Financial from $105.00 to $110.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 24th. Keefe, Bruyette & Woods raised their price target on shares of Prudential Financial from $106.00 to $113.00 and gave the company a “market perform” rating in a report on Monday. Bank of America reduced their price target on shares of Prudential Financial from $112.00 to $104.00 and set a “neutral” rating for the company in a research note on Tuesday, April 14th. Argus cut shares of Prudential Financial from a “buy” rating to a “hold” rating in a report on Tuesday, June 9th. Finally, BMO Capital Markets lowered their price objective on shares of Prudential Financial from $91.00 to $87.00 and set an “underperform” rating on the stock in a research report on Thursday, April 23rd. Eleven investment analysts have rated the stock with a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat, Prudential Financial presently has an average rating of “Reduce” and a consensus price target of $104.58.

Prudential Financial Price Performance

Shares of NYSE PRU opened at $114.97 on Wednesday. The company has a 50 day moving average of $106.24 and a 200 day moving average of $104.04. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.58. Prudential Financial has a twelve month low of $91.89 and a twelve month high of $119.76. The firm has a market cap of $39.89 billion, a P/E ratio of 11.83, a PEG ratio of 2.11 and a beta of 0.85.

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

Prudential Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Tuesday, May 26th were given a dividend of $1.40 per share. The ex-dividend date was Tuesday, May 26th. This represents a $5.60 annualized dividend and a yield of 4.9%. Prudential Financial’s payout ratio is 57.61%.

Institutional Trading of Prudential Financial

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Jessup Wealth Management Inc purchased a new position in shares of Prudential Financial during the 4th quarter valued at about $25,000. Garton & Associates Financial Advisors LLC purchased a new stake in Prudential Financial in the 4th quarter worth approximately $26,000. Salomon & Ludwin LLC increased its holdings in Prudential Financial by 98.3% in the 4th quarter. Salomon & Ludwin LLC now owns 230 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 114 shares in the last quarter. Lodestone Wealth Management LLC bought a new stake in Prudential Financial during the 4th quarter worth approximately $28,000. Finally, Basepoint Wealth LLC purchased a new position in Prudential Financial during the fourth quarter valued at approximately $30,000. Hedge funds and other 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.