With 1.51 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.55 million shares. During the session, the Insurance – Life company that operates in wider Financial sector, reached to the highest price of $115.85 whereas the lowest price it dropped to was $113.09. The 52-week range on PRU shows that it touched its highest point at $128.52 and its lowest point at $87.95 during that stretch. It currently has a 1-year price target of $120.77. With its current market cap of 41.35 billion, PRU has annualized dividend of $5.15 while the current yield stands at 4.45%. Beta for the stock currently stands at 1.29.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PRU was down-trending over the past week, with a drop of -1.65%, but this was up by 5.79% over a month. Three-month performance surged to 0.77% while six-month performance rose 2.67%. The stock gained 19.92% in the past year, while it has gained 11.70% so far this year. A look at the trailing 12-month EPS for PRU yields 7.82 with Next year EPS estimates of 14.61. For the next quarter, that number is 3.52. This implies an EPS growth rate of 15.50% for this year and 8.83% for next year. EPS is expected to grow by 9.70% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -6.62%.
Float and Shares Shorts:
At present, 359.22 million PRU shares are outstanding with a float of 356.32 million shares on hand for trading. On 2024-08-30, short shares totaled 5.33 million, which was 149.0 higher than short shares on 1722384000. In addition to Mr. Charles Frederick Lowrey Jr. as the firm’s Chairman, CEO & President, Mr. Robert Michael Falzon CFA serves as its Executive Vice Chairman.
Institutional Ownership:
Through their ownership of 0.59578 of PRU’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PRU since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
