Prudential Financial, Inc. (PRU), valued at $39.24B, opened at $84.93. Looking at today's market, PRU one day range is $84.26 to $85.15 with the price of the stock fluctuating between $64.30 to $92.68 over the last 52 weeks. Priced at 8.98x this year's forecasted earnings, PRU shares are relatively inexpensive compared to the industry's 16.55x forward p/e ratio. And for passive income investors, the company pays shareholders $2.12 per share annually in dividends, yielding 2.50%. Consensus earnings for the current quarter by the 20 sell-side analysts covering the stock is an estimate of $2.34 per share, which would be $0.04 better than the year-ago quarter and a $0.02 sequential increase. In looking at the bigger picture, the full-year EPS estimate of $9.44 would be a $0.23 worse when compared to the previous year's annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $11.20 Billion. If realized, that would be a 4.44% decrease over the year-ago quarter. In terms of ratings, Deutsche Bank downgraded PRU from Buy to Hold (Nov 15, 2013). Previously, RBC Capital Mkts downgraded PRU from Top Pick to Outperform. When considering if perhaps the stock is under or overvalued, the average price target is $99.06, which is 16.64% above where the stock 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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