Q1 EPS Forecast for Prudential Financial Lifted by Analyst

Prudential Financial, Inc. (NYSE:PRU) – Equities research analysts at Zacks Research upped their Q1 2027 earnings estimates for shares of Prudential Financial in a report issued on Wednesday, August 20th. Zacks Research analyst Team now forecasts that the financial services provider will post earnings of $3.89 per share for the quarter, up from their previous estimate of $3.82. The consensus estimate for Prudential Financial’s current full-year earnings is $14.36 per share. Zacks Research also issued estimates for Prudential Financial’s Q2 2027 earnings at $3.96 EPS.

Prudential Financial (NYSE:PRU) last posted its quarterly earnings results on Wednesday, July 30th. The financial services provider reported $3.58 EPS for the quarter, beating the consensus estimate of $3.22 by $0.36. Prudential Financial had a net margin of 2.75% and a return on equity of 15.80%. The business had revenue of $13.50 billion during the quarter, compared to analyst estimates of $13.47 billion. During the same period in the previous year, the business posted $3.39 EPS. The company’s quarterly revenue was down 2.5% on a year-over-year basis.

PRU has been the subject of a number of other reports. Piper Sandler reduced their target price on shares of Prudential Financial from $109.00 to $108.00 and set a “neutral” rating for the company in a research note on Wednesday, July 16th. Keefe, Bruyette & Woods reduced their target price on shares of Prudential Financial from $120.00 to $117.00 and set a “market perform” rating for the company in a research note on Wednesday, May 7th. Morgan Stanley boosted their target price on shares of Prudential Financial from $113.00 to $117.00 and gave the company an “equal weight” rating in a research note on Monday, August 18th. Wall Street Zen raised shares of Prudential Financial from a “sell” rating to a “hold” rating in a research note on Saturday, August 2nd. Finally, Wells Fargo & Company dropped their price target on shares of Prudential Financial from $116.00 to $113.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 16th. One investment analyst has rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Prudential Financial presently has a consensus rating of “Hold” and a consensus price target of $122.08.

Prudential Financial Trading Up 2.5%

NYSE PRU opened at $109.80 on Friday. Prudential Financial has a one year low of $90.38 and a one year high of $130.55. The company has a 50-day simple moving average of $105.21 and a 200-day simple moving average of $105.88. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.16 and a current ratio of 0.16. The firm has a market capitalization of $38.65 billion, a PE ratio of 24.35, a price-to-earnings-growth ratio of 0.98 and a beta of 1.07.

Institutional Trading of Prudential Financial

Large investors have recently added to or reduced their stakes in the business. Meeder Asset Management Inc. raised its holdings in shares of Prudential Financial by 90.2% during the first quarter. Meeder Asset Management Inc. now owns 234 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 111 shares during the period. AlphaQuest LLC raised its holdings in shares of Prudential Financial by 12,250.0% during the first quarter. AlphaQuest LLC now owns 247 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 245 shares during the period. North Capital Inc. acquired a new stake in shares of Prudential Financial during the first quarter valued at approximately $28,000. Cheviot Value Management LLC acquired a new position in Prudential Financial in the 1st quarter valued at approximately $26,000. Finally, Clearstead Trust LLC increased its stake in Prudential Financial by 350.8% in the 1st quarter. Clearstead Trust LLC now owns 266 shares of the financial services provider’s stock valued at $30,000 after buying an additional 207 shares during the period. 56.83% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Prudential Financial news, major shareholder Insurance Co Of Ame Prudential bought 1,675,978 shares of Prudential Financial stock in a transaction that occurred on Monday, June 16th. The stock was purchased at an average cost of $28.64 per share, for a total transaction of $48,000,009.92. Following the completion of the acquisition, the insider owned 3,168,461 shares of the company’s stock, valued at approximately $90,744,723.04. This represents a 112.29% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.25% of the company’s stock.

Prudential Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Tuesday, August 19th will be issued a dividend of $1.35 per share. This represents a $5.40 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date is Tuesday, August 19th. Prudential Financial’s dividend payout ratio (DPR) is presently 119.73%.

Prudential Financial Company Profile

Prudential Financial, Inc, together with its subsidiaries, provides insurance, investment management, and other financial products and services in the United States and internationally. It operates through PGIM, Retirement Strategies, Group Insurance, Individual Life, and International Businesses segments.