Media headlines about Prudential Financial (NYSE:PRU) have trended somewhat positive on Thursday, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Prudential Financial earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 45.2344054463193 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
- Prudential Financial Declares Quarterly Dividend on Common Stock (finance.yahoo.com)
- Analyzing Prudential Financial (PRU) & Manulife Financial Corp (MFC) (americanbankingnews.com)
- Prudential Financial, Inc. to Issue Quarterly Dividend of $0.75 (PRU) (americanbankingnews.com)
- MOVES-Wells Fargo, Prudential, Credit Suisse, Northern Trust, FTI Consulting (finance.yahoo.com)
- MOVES-PGIM Investments names Sheri Taylor Gilchrist global marketing chief (finance.yahoo.com)
Prudential Financial (NYSE:PRU) traded up $0.66 on Thursday, hitting $110.22. The stock had a trading volume of 2,026,700 shares, compared to its average volume of 1,857,132. The company has a market capitalization of $47,820.00, a PE ratio of 10.59, a PEG ratio of 1.24 and a beta of 1.56. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.34. Prudential Financial has a 1-year low of $96.71 and a 1-year high of $115.26.
Prudential Financial (NYSE:PRU) last released its quarterly earnings data on Wednesday, November 1st. The financial services provider reported $3.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.71 by $0.30. The business had revenue of $13.36 billion for the quarter, compared to analysts’ expectations of $12.24 billion. Prudential Financial had a return on equity of 9.51% and a net margin of 7.71%. During the same period in the previous year, the business posted $2.66 earnings per share. analysts anticipate that Prudential Financial will post 10.38 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 14th. Stockholders of record on Monday, November 27th will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.72%. The ex-dividend date of this dividend is Friday, November 24th. Prudential Financial’s dividend payout ratio is presently 30.24%.
PRU has been the topic of a number of recent analyst reports. Royal Bank Of Canada reissued a “hold” rating and issued a $117.00 price objective on shares of Prudential Financial in a research note on Wednesday, September 6th. Zacks Investment Research raised Prudential Financial from a “hold” rating to a “buy” rating and set a $122.00 price objective on the stock in a research note on Tuesday, October 10th. Citigroup Inc. raised Prudential Financial from a “neutral” rating to a “buy” rating and set a $103.00 price objective on the stock in a research note on Tuesday, October 17th. Morgan Stanley raised their price objective on Prudential Financial from $118.00 to $123.00 and gave the company an “equal weight” rating in a research note on Thursday, October 5th. Finally, BidaskClub raised Prudential Financial from a “hold” rating to a “buy” rating in a research note on Wednesday, August 2nd. Eight investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $115.13.
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In other news, EVP Charles F. Lowrey sold 44,630 shares of the business’s stock in a transaction that occurred on Wednesday, November 8th. The stock was sold at an average price of $111.91, for a total transaction of $4,994,543.30. Following the sale, the executive vice president now directly owns 79,354 shares in the company, valued at $8,880,506.14. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Nicholas C. Silitch sold 44,860 shares of the business’s stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $111.77, for a total value of $5,014,002.20. Following the sale, the insider now owns 27,927 shares in the company, valued at $3,121,400.79. The disclosure for this sale can be found here. Insiders own 0.66% of the company’s stock.
Prudential Financial Company Profile
Prudential Financial, Inc, is a financial services company. The Company, through its subsidiaries, offers a range of financial products and services, which includes life insurance, annuities, retirement-related services, mutual funds and investment management. The Company’s operations consists of four divisions, which together encompass seven segments.
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