[Business Wire] - The Heroes Project and Prudential Financial, Inc. have partnered to support USMC Staff Sergeant Charlie Linville , a veteran who is disabled, as he climbs to the peak of Mt.Read more on this.
Prudential Financial, Inc. (PRU), valued at $36.22B, opened at $78.26. Shares have traded today between $77.47 and $78.71 per share with a one year range of $54.58 to $92.68. Prudential Financial (PRU) shares are currently priced at 8.36x this year's forecasted earnings, which makes them relatively inexpensive compared to the industry's 16.50x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $2.12 per share annually in dividends, yielding 2.70%. In a review of the consensus earnings estimate this quarter, 20 sell-side analysts are looking at $2.27 per share, which would be $0.01 worse than the year-ago quarter and a $0.03 sequential increase. Investors should also note that the full-year EPS estimate of $9.28 is a $0.39 setback when compared to the previous year's annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $11.74 Billion. If reported, that would be a 0.76% decrease over the year-ago quarter. More recently, Deutsche Bank downgraded PRU from Buy to Hold (Nov 15, 2013). Previously, RBC Capital Mkts downgraded PRU from Top Pick to Outperform. Given all the information above, we should disclose to readers that the average price target is $98.53, which is 25.90% above than it opened this morning. Summary (NYSE:PRU) : Prudential Financial, Inc. provides insurance, investment management, and other financial products and services to individual and institutional customers in the United States and internationally. It principally offers life insurance, annuities, retirement-related services, mutual funds, and investment management products. The company operates through three divisions: U.S. Retirement Solutions and Investment Management, U.S. Individual Life and Group Insurance, and International Insurance. The U.S. Retirement Solutions and Investment Management division offers individual variable and fixed annuity products; recordkeeping, plan administration, actuarial advisory, tailored participant education and communication, trustee, and institutional and retail investments services; and guaranteed investment contracts, funding agreements, institutional and retail notes, structured settlement annuities, and other group annuities. This division also provides investment management and advisory services to the public and private marketplace. The U.S. Individual Life and Group Insurance division provides individual variable life, term life, and universal life insurance products to mass middle, mass affluent, and affluent markets; group life; long-term and short-term group disability; long-term care; and group corporate, bank, and trust-owned life insurance products to institutional clients. It also sells accidental death and dismemberment and other ancillary coverage, as well as provides plan administrative services. The International Insurance division provides individual life insurance, retirement, and related products. The company serves its customers through third-party broker-dealers, dependent financial planners, third-party financial advisors, brokers, benefits consultants, sales forces, wirehouses, banks, general agencies, producer groups, life planners, and life consultants. Prudential Financial, Inc. was founded in 1875 and is headquartered in Newark, New Jersey. Tag Helper ~ Stock Code: PRU | Common Company name: Prudential Financial | Full Company name: Prudential Financial Inc (NYSE:PRU) .
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