BusinessWeek Logo
November 21, 2009 5:37 PM ET

Prudential Financial, Inc.

(PRU:NYSE)

LAST $47.67 USD
CHANGE TODAY -0.30 -0.63%
VOLUME 4.4M
As of 4:02 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Prudential Financial, Inc. (PRU)

OPEN
$47.90
PREVIOUS CLOSE
$47.97
DAY HIGH
$48.32
DAY LOW
$47.45
52 WEEK HIGH
09/17/09 - $55.99
52 WEEK LOW
03/9/09 - $10.63
MARKET CAP
22.0B
AVERAGE VOLUME 3 mo
4.4M
DILUTED EPS TTM
$-1.28
SHARES OUTSTANDING
462.0M
EX-DATE
11/20/09
P/E TTM
NM
DIVIDEND
$0.70
DIVIDEND YIELD
1.47%
K = Thousands  M = Millions  B = Billions
BUSINESS EXCHANGE RELATED TOPICPrudential Financial

related business week news

View More BusinessWeek News

PRU Details

Prudential Financial, Inc. provides various financial products and services in the United States, Asia, Europe, and Latin America. The company operates through three divisions: The U.S. Retirement Solutions and Investment Management, The U.S. Individual Life and Group Insurance, and The International Insurance and Investments. The U.S. Retirement Solutions and Investment Management division sells individual variable and fixed annuity products, as well as provides retirement investment and income products and services to retirement plan sponsors in the public, private, and non-profit sectors. This division also provides investment management and advisory services to the public and private marketplace. The U.S. Individual Life and Group Insurance division provides individual variable life, term life, and universal life insurance products; group life, long-term, and short-term group disability, long-term care, and group corporate-owned and trust-owned life insurance products to institutional clients. It also sells accidental death and dismemberment, and other ancillary coverages, as well as provides plan administrative services. The International Insurance and Investments division offers international individual life insurance products in Japan, Korea, and other foreign countries; and provides proprietary and non-proprietary asset management and investment advice and services to retail and institutional clients internationally. In addition, the company engages in real estate brokerage franchise business, which involves marketing its franchises to the real estate companies. Further, it provides institutional clients and government agencies with various services in connection with the relocation of their employees. Prudential Financial was founded in 1875 and is headquartered in Newark, New Jersey.

PRU Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Age: 55
Total Annual Compensation: $4.3M
Chief Financial Officer, Executive Vice Presi...
Age: 61
Total Annual Compensation: $1.8M
Executive Vice President of U.S. Businesses a...
Total Annual Compensation: $3.1M
Executive Vice President of Operations & Syst...
Age: 62
Total Annual Compensation: $1.7M
Executive Vice President of International Bus...
Age: 60
Total Annual Compensation: $1.5M
Compensation as of Fiscal Year 2008.

Key developments for Prudential Financial, Inc. (PRU)

Prudential Financial Inc. Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended Sept. 30, 2009; Provides Outlook for the Year 2009

Prudential Financial Inc. reported un-audited consolidated earnings results for the third quarter and nine months ended Sept. 30, 2009. For the quarter, the company reported net income attributable to company of $1,082 million on revenues of $8,564 million against net loss of $176 million on revenues of $7,030 million a year ago. Income from continuing operations was $1,036 million against loss of $176 million a year ago. For the nine months, the company reported net income attributable to company of $1,259 million on revenues of $24,029 million against net income of $465 million on revenues of $22,291 million a year ago. Income from continuing operations was $1,197 million against income of $498 million a year ago. The company will achieve Common Stock earnings per share for 2009 in the range of $5.40 to $5.60 based on after-tax adjusted operating income of the Financial Services Businesses.

Prudential Financial Inc. Reports Earnings Results for the Third Quarter of 2009

Prudential Financial Inc. reported earnings results for the third quarter of 2009. For the quarter, the company reported net income per common share of $2.35 compared to $0.25 reported a year earlier. Adjusted operating income, which excludes net realized investment gains and losses, was $733 million or $1.59 per common share in the latest period.

Prudential Financial, Inc. Unveils Solution to America's Retirement-Savings Crisis

Prudential Financial, Inc. launched 'Redefining Retirement,' a new model for the design, management and administration of workplace-provided retirement plans, raising the bar for the industry by delivering a comprehensive and effective solution to the retirement-savings crisis now plaguing American workers. For plan participants, the new and innovative model creates a retirement 'glide path' that carries individuals not only to retirement, but through retirement. Auto-pilot plan features--such as automatic enrollment, automatic contribution escalation, and automatic asset allocation--are combined with Prudential IncomeFlex(R) TargetSM (IFX Target), a guaranteed minimum withdrawal benefit product, to help ensure adequate savings and a guaranteed stream of income in retirement. For plan sponsors, 'Redefining Retirement' offers streamlined processing leading to greater cost efficiencies. And, perhaps most importantly, the new model provides additional levels of fiduciary risk support and enhanced levels of indemnification.

BusinessWeek Rankings

BusinessWeek 50
2006  #33

Stock Quotes

Company Lookup
Recently Viewed
PRU $47.67 USD -0.30

Market data is delayed at least 20 minutes.

PRU Competitors

Company Last Change
Aegon €4.85 EUR -0.096
Allstate Corp $29.12 USD +0.25
Citigroup Inc $4.20 USD -0.06
Manulife Financial Corp C$18.96 CAD +0.01
The Travelers Companies Inc $52.38 USD -0.30
View Industry Companies
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation PRU Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.7x
Price/Book 0.9x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful

PRU

 | 

PRU transactions

Type
Date
Target
Bankruptcy
August 12, 2009
Erickson Custom Pools & Spas, Inc.
Merger/Acquisition
July 31, 2009
Prudential Financial, Inc., 611 Route 46 West in Hasbrouck Heights
Merger/Acquisition
July 22, 2009
Black Diamond Mining Company, LLC
View More PRU Transactions...

Companies Toolbox

Company Tools
Investing Tools

SEARCH FOR JOBS

Post a Job
See all Job Listings

Jobs by SimplyHired



Close Recommend A Data Enhancement Or Correction

For Prudential Financial, Inc. (PRU) Snapshot

Submitting this data update / error report instantly puts the correct information in the hands of our researcher, who will investigate your report and, if necessary, make the changes to the company profile. Be sure to fill out the form completely.

Required Information Missing - Please enter your information in the following field(s):
DATA TO BE REVIEWED
Page Section*

Please indicate in which section the error appears. Section headers are in light gray type at the top of each CIC page module.

Data Point*

Please indicate which data is in error.

CONTACT INFORMATION

Please provide your name and email address in case our researchers need to get in touch with you as they investigate the error.

Your Name*
Your E-Mail Address*
YOUR RECOMMENDATION

Describe why you feel the data point is incorrect and indicate sources our researchers should check when they investigate the error.

Cancel Submit
You can drag this form within your browser window.

Thank you for submitting your information. We investigate data update requests and error reports as quickly as possible. Since some are easier to investigate than others, please be patient as we perform our research; it could take several weeks, depending on the nature of the error and whether your company is public or private.

You can drag this form within your browser window.