FY2026 Earnings Estimate for PRU Issued By DOWLING & PARTN

Prudential Financial, Inc. (NYSE:PRU) – Investment analysts at DOWLING & PARTN decreased their FY2026 earnings estimates for Prudential Financial in a research note issued to investors on Monday, July 13th. DOWLING & PARTN analyst J. Hurwitz now forecasts that the financial services provider will earn $13.80 per share for the year, down from their previous forecast of $14.00. The consensus estimate for Prudential Financial’s current full-year earnings is $13.73 per share.

Several other research analysts also recently issued reports on PRU. Weiss Ratings raised shares of Prudential Financial from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, June 12th. Bank of America decreased their price objective on Prudential Financial from $112.00 to $104.00 and set a “neutral” rating for the company in a research report on Tuesday, April 14th. Piper Sandler boosted their target price on Prudential Financial from $105.00 to $110.00 and gave the company a “neutral” rating in a report on Wednesday, June 24th. Argus cut Prudential Financial from a “buy” rating to a “hold” rating in a research note on Tuesday, June 9th. Finally, Wells Fargo & Company increased their price target on Prudential Financial from $100.00 to $103.00 and gave the stock an “underweight” rating in a report on Thursday, July 9th. Eleven equities research analysts have rated the stock with a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat, Prudential Financial currently has a consensus rating of “Reduce” and an average price target of $104.58.

Prudential Financial Price Performance

Shares of NYSE PRU opened at $117.99 on Wednesday. The company has a current ratio of 0.16, a quick 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 stock has a 50 day moving average of $106.91 and a two-hundred day moving average of $104.07. The stock has a market cap of $40.94 billion, a P/E ratio of 12.14, a P/E/G ratio of 2.11 and a beta of 0.85.

Prudential Financial (NYSE:PRU) last posted its earnings results on Tuesday, May 5th. The financial services provider reported $3.61 EPS for the quarter, topping analysts’ consensus estimates of $3.09 by $0.52. The business had revenue of $15.23 billion for 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 firm earned $3.29 earnings per share.

Prudential Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Tuesday, May 26th were issued a $1.40 dividend. This represents a $5.60 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Tuesday, May 26th. Prudential Financial’s payout ratio is currently 57.61%.

Hedge Funds Weigh In On Prudential Financial

A number of large investors have recently modified their holdings of PRU. Jessup Wealth Management Inc acquired a new position in Prudential Financial during the fourth quarter worth $25,000. Garton & Associates Financial Advisors LLC acquired a new stake in Prudential Financial in the fourth quarter valued at $26,000. Salomon & Ludwin LLC boosted its position in shares of Prudential Financial by 98.3% during the 4th quarter. Salomon & Ludwin LLC now owns 230 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 114 shares in the last quarter. SJS Investment Consulting Inc. boosted its position in shares of Prudential Financial by 93.1% during the 1st quarter. SJS Investment Consulting Inc. now owns 278 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 134 shares in the last quarter. Finally, Lodestone Wealth Management LLC acquired a new position in shares of Prudential Financial during the 4th quarter worth $28,000. 56.83% of the stock is owned by hedge funds and other institutional investors.

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.