PRU · NYSE · Insurance - Life

Prudential Financial (PRU)

Operates PGIM alongside retirement, life insurance, annuity, and workplace-benefit businesses.

$117.13
vs last close−1.40 (−1.18%)
Loading prices…

Prudential Financial, Inc.PRU
Financial sector

Combines PGIM’s global asset management with U.S. retirement, group insurance, individual life, and international protection businesses. Revenue comes from premiums, policy charges, asset-based fees, and investment income; long-duration insurance liabilities and a large Japan franchise create material exposure to markets, currencies, policyholder behavior, and regulation.

Combines PGIM’s asset-management platform with retirement, group insurance, individual life, and international protection businesses. PGIM manages public fixed income and equity, private credit, real estate, and multi-asset strategies for institutions, retail clients, and affiliated insurance operations.

Earns premiums and policy charges from insurance and annuities, asset-based fees from investment management, and income on assets backing customer liabilities. International insurance is centered on Japan and extends across selected markets. Credit and real-asset expertise supports third-party mandates and the portfolios behind retirement and insurance obligations.

Separately managed U.S. legacy blocks hold products no longer sold. Results depend on product pricing, investment performance, and matching long-duration assets and liabilities. Interest rates, credit conditions, equity markets, currencies, policyholder behavior, and insurance regulation can materially affect earnings and capital. Prudential of Japan remains under an extended new-sales suspension while strengthening sales-practice oversight and governance.

Company facts

CEOAndrew F. Sullivan
ListedDec 13, 2001
ExchangeNYSE
HeadquartersNewark, NJ
CountryUnited States
Employees36,824
CIK0001137774
ISINUS7443201022

Market cap$41.13B
EPS (ttm)$11.11
P/E (ttm)10.67
ROE12.0%
P/B1.30
P/S0.6344
Dividend yieldDiv yield4.68%
Beta0.65vs XLF 0.95

Price target$109.00−8.0%Average of 37 analysts
ConsensusHold25 of 37 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 24, 2026Morgan StanleyReiterate
Rating: Target: $111
Rating: UnderweightTarget: $105
Aug 19, 2026Wells FargoReiterate
Rating: Target: $100
Rating: UnderweightTarget: $110
Aug 11, 2026Piper SandlerReiterate
Rating: Target: $120
Rating: NeutralTarget: $128
Jul 15, 2026Atlantic EquitiesTarget
Target:
Target: $114
Jul 10, 2026JefferiesReiterate
Rating: Target: $143
Rating: HoldTarget: $110

Next report
Nov 4, 26
in 43 days
EPS estimate
$3.45
Revenue estimate
$15.05B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26May '26Aug '26Nov '26
Reported$2.96$3.29$3.58$4.26$3.30$3.61$4.08Pending
Estimate$3.36$3.18$3.22$3.72$3.37$3.09$3.52$3.45
Surprise−11.9%+3.5%+11.2%+14.5%−2.1%+16.8%+15.9%

RevenueReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26May '26Aug '26Nov '26
Reported$12.62B$13.54B$13.77B$17.95B$14.52B$15.23B$14.16BPending
Estimate$14.71B$14.44B$13.51B$14.14B$14.67B$14.10B$14.36B$15.05B
Surprise−14.2%−6.3%+1.9%+27.0%−1.0%+8.0%−1.4%
Estimate$3.45
ReportedDue Nov 4, 2026
Estimate$15.05B
ReportedDue Nov 4, 2026
View details

Debt to equity65.30%
Current ratio179.10%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$19.53B$12.65B$13.54B$13.80B$17.95B$15.68B$15.55B$15.66B
Net income$448.0M−$57.0M$707.0M$533.0M$1.43B$905.0M$597.0M$909.0M
Net margin2.3%0.0%5.2%3.9%8.0%5.8%3.8%5.8%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$553.0M−$149.0M$920.0M$740.0M$1.78B$1.21B$735.0M$1.25B
YoY growthTurned profitTurned loss−33.8%−47.7%+222.2%Turned profit−20.1%+69.1%

Balance sheet, Jun 30, 2026Cash & short-term investments $348.69B · Total debt $20.62B · Total assets $783.55B · Shareholders' equity $31.58B

Revenue
$15.66B
Operating income
$1.25B
Net income
$909.0M
View details

Dividend yield
4.68%
Next ex-date
Nov 25, 26
estimated · in 64 days
Annual dividend
$5.55
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Nov '24Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26
Dividend$1.30$1.35$1.35$1.35$1.35$1.40$1.40$1.40
Annual yield4.17%4.70%5.01%5.04%5.26%5.28%5.36%4.62%
Ex-dateNov 19Feb 18May 20Aug 19Nov 18Feb 17May 26Aug 25
Payment dateDec 12Mar 13Jun 12Sep 11Dec 11Mar 12Jun 11Sep 10
View details

Institutions63.94%220.58M shares
1,471 holders · as of Jun 30, 2026
Insiders0.24%835.0K shares
21 holders · as of Sep 2, 2026
Other35.82%123.58M shares
remainder

345.00M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
9.42%32.50Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
6.56%22.64Mas of Jun 30, 2026
State Street CorpInstitution
4.98%17.16Mas of Jun 30, 2026
Vanguard Portfolio Management LLCInstitution
4.73%16.32Mas of Jun 30, 2026
Geode Capital Management, LLCInstitution
3.26%11.26Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 14, 2026Ann M. Kapplerofficer: EVP and General Counsel−7,652$125.01
May 14, 2026Ann M. Kapplerofficer: EVP and General Counsel−13,580$103.25
Feb 17, 2026Thomas D. Stoddarddirector+250$102.97
Feb 11, 2026Joseph J. Wolkdirector+400$105.32
Feb 6, 2026Jacques Chappuisofficer: Executive Vice President+1,000$100.97
View details

  • MetLife

    Closest broad peer: group benefits, PRT, individual life, and Japan life.

  • Apollo Global Management

    Athene: #1-2 PRT/FIA insurer; Apollo private credit rivals PGIM alternatives.

  • Lincoln Financial

    Top-10 U.S. annuities, individual life, and group protection rival.

  • Corebridge Financial

    U.S. 2nd-largest annuity seller; group benefits and individual retirement rival.

  • BlackRock

    World largest asset manager ($14T AUM); PGIM institutional benchmark rival.

  • Equitable

    U.S. retirement and VA peer; AllianceBernstein rivals PGIM; CRBG merger pending.

  • Unum Group

    U.S. group disability and voluntary benefits leader; Group Insurance rival.

  • Jackson Financial

    Top-3 U.S. VA provider; direct RILA and retirement income rival.

Compare

CompanyPriceChange
Prudential Financial$117.13−1.18%$41.13B10.78.30.6+2.8%
MetLife$95.72−0.96%$62.18B18.59.10.8+10.0%
Apollo Global Management$126.31−1.25%$73.67B28.612.92.0+63.7%
Lincoln Financial$41.04−1.54%$7.98B3.55.00.4+21.2%
Corebridge Financial$34.08−2.08%$15.51B20.46.61.7+482.9%
BlackRock$1,070.01−1.86%$168.99B26.117.96.2+30.6%
Equitable$52.68−2.22%$14.70B6.51.4−29.8%
Unum Group$93.60+0.04%$14.81B21.810.51.1−13.8%
Jackson Financial$129.90−1.49%$9.20B169.14.31.4
Median21.87.81.4+21.2%