DOWLING & PARTN Has Bullish Estimate for PRU FY2026 Earnings

Prudential Financial, Inc. (NYSE:PRU) – Equities research analysts at DOWLING & PARTN upped their FY2026 earnings per share (EPS) estimates for Prudential Financial in a note issued to investors on Friday, July 17th. DOWLING & PARTN analyst J. Hurwitz now anticipates that the financial services provider will earn $14.00 per share for the year, up from their previous estimate of $13.80. The consensus estimate for Prudential Financial’s current full-year earnings is $13.83 per share.

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

A number of other equities analysts have also recently weighed in on the company. Keefe, Bruyette & Woods lifted their price target on Prudential Financial from $106.00 to $113.00 and gave the stock a “market perform” rating in a research note on Monday, July 13th. Wall Street Zen upgraded shares of Prudential Financial from a “hold” rating to a “buy” rating in a report on Saturday, July 18th. JPMorgan Chase & Co. lifted their target price on shares of Prudential Financial from $117.00 to $129.00 and gave the stock a “neutral” rating in a research report on Tuesday. Zacks Research upgraded shares of Prudential Financial from a “strong sell” rating to a “hold” rating in a report on Friday, June 12th. Finally, Wells Fargo & Company raised their price objective on shares of Prudential Financial from $100.00 to $103.00 and gave the stock an “underweight” rating in a research note on Thursday, July 9th. One research analyst has rated the stock with a Buy rating, eleven have given a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $105.46.

Prudential Financial Trading Up 0.3%

Shares of NYSE PRU opened at $118.91 on Wednesday. Prudential Financial has a 12 month low of $91.89 and a 12 month high of $120.59. The company has a market cap of $41.26 billion, a price-to-earnings ratio of 12.23, a P/E/G ratio of 2.36 and a beta of 0.85. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.58. The business has a fifty day simple moving average of $108.26 and a 200-day simple moving average of $104.22.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in PRU. Sunflower Bank N.A. lifted its position in shares of Prudential Financial by 3.2% during the 4th quarter. Sunflower Bank N.A. now owns 2,911 shares of the financial services provider’s stock worth $329,000 after buying an additional 91 shares in the last quarter. Wetzel Investment Advisors Inc. boosted its stake in shares of Prudential Financial by 0.9% in the 4th quarter. Wetzel Investment Advisors Inc. now owns 10,022 shares of the financial services provider’s stock worth $1,131,000 after buying an additional 94 shares during the last quarter. Transcend Capital Advisors LLC grew its holdings in shares of Prudential Financial by 2.4% in the fourth quarter. Transcend Capital Advisors LLC now owns 4,175 shares of the financial services provider’s stock valued at $471,000 after acquiring an additional 98 shares in the last quarter. Rossby Financial LCC increased its position in shares of Prudential Financial by 32.4% during the fourth quarter. Rossby Financial LCC now owns 421 shares of the financial services provider’s stock valued at $48,000 after acquiring an additional 103 shares during the last quarter. Finally, TD Private Client Wealth LLC lifted its holdings in Prudential Financial by 5.6% during the fourth quarter. TD Private Client Wealth LLC now owns 1,972 shares of the financial services provider’s stock worth $223,000 after acquiring an additional 104 shares during the period. Institutional investors and hedge funds own 56.83% of the company’s stock.

Prudential Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Tuesday, May 26th were issued a dividend of $1.40 per share. This represents a $5.60 annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Tuesday, May 26th. Prudential Financial’s dividend payout ratio (DPR) is currently 57.61%.

About Prudential Financial

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.