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NYSE:PUK

Prudential (PUK) Stock Price, News & Analysis

$16.79
+0.14 (+0.84%)
(As of 09/18/2024 ET)

About Prudential Stock (NYSE:PUK)

Key Stats

Today's Range
$16.73
$17.07
50-Day Range
$16.08
$19.33
52-Week Range
$15.77
$23.73
Volume
1.08 million shs
Average Volume
873,596 shs
Market Capitalization
$23.08 billion
P/E Ratio
N/A
Dividend Yield
1.61%
Price Target
N/A
Consensus Rating
Moderate Buy

Company Overview

Prudential plc, through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa. The company was founded in 1848 and is headquartered in Central, Hong Kong.

Prudential Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 42nd Percentile

Prudential scored higher than 42% of companies evaluated by MarketBeat, and ranked 649th out of 944 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Earnings Growth

    Earnings for Prudential are expected to grow by 29.81% in the coming year, from $1.61 to $2.09 per share.

  • Price to Earnings Growth Ratio

    Prudential has a PEG Ratio of 0.46. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Prudential has a P/B Ratio of 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.03% of the outstanding shares of Prudential have been sold short.
  • Short Interest Ratio / Days to Cover

    Prudential has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Prudential has recently increased by 6.69%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Prudential pays a meaningful dividend of 1.66%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Prudential does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based on earnings estimates, Prudential will have a dividend payout ratio of 12.92% next year. This indicates that Prudential will be able to sustain or increase its dividend.

  • Read more about Prudential's dividend.
  • Percentage of Shares Shorted

    0.03% of the outstanding shares of Prudential have been sold short.
  • Short Interest Ratio / Days to Cover

    Prudential has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Prudential has recently increased by 6.69%, indicating that investor sentiment is decreasing significantly.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Prudential this week, compared to 1 article on an average week.
  • Search Interest

    2 people have searched for PUK on MarketBeat in the last 30 days.
  • MarketBeat Follows

    Only 1 people have added Prudential to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Prudential insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.07% of the stock of Prudential is held by insiders.

  • Percentage Held by Institutions

    Only 1.90% of the stock of Prudential is held by institutions.

  • Read more about Prudential's insider trading history.

PUK Stock News Headlines

Prudential rises Thursday, still underperforms market
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Prudential PLC H1 Profit Declines, Despite Insurance Revenue Growth
Prudential plc (PUK) Q2 2024 Earnings Call Transcript
See More Headlines

PUK Stock Analysis - Frequently Asked Questions

Prudential's stock was trading at $22.45 on January 1st, 2024. Since then, PUK stock has decreased by 25.2% and is now trading at $16.79.
View the best growth stocks for 2024 here
.

Shares of Prudential reverse split on Saturday, January 1st 2000. The 51.78-59.5 reverse split was announced on Saturday, January 1st 2000. The number of shares owned by shareholders was adjusted after the closing bell on Friday, November 1st 2019. An investor that had 100 shares of stock prior to the reverse split would have 87 shares after the split.

Prudential subsidiaries include Assurance IQ.

Prudential's top institutional shareholders include Marshall Wace LLP (0.08%), Dimensional Fund Advisors LP (0.07%), Envestnet Asset Management Inc. (0.07%) and Bank of Montreal Can (0.06%).
View institutional ownership trends
.

Shares of PUK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Prudential investors own include Broadcom (AVGO), Chipotle Mexican Grill (CMG), Accenture (ACN), Endologix (ELGX), Exxon Mobil (XOM), AT&T (T) and Wells Fargo & Company (WFC).

Company Calendar

Ex-Dividend for 10/23 Dividend
9/06/2024
Today
9/18/2024
Dividend Payable
10/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Life insurance
Sub-Industry
Insurance
Employees
15,030
Year Founded
1848

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$19.50 billion
Cash Flow
$1.83 per share
Book Value
$13.06 per share

Miscellaneous

Outstanding Shares
1,363,890,000
Free Float
1,373,921,000
Market Cap
$23.01 billion
Optionable
Optionable
Beta
1.22

Social Links

Should I Buy Prudential Stock? PUK Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, August 26, 2024. Please send any questions or comments about these Prudential pros and cons to contact@marketbeat.com.

Prudential
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Prudential plc:

  • Prudential plc stock price has shown a recent uptrend, trading at $17.26 on August 25, 2024.
  • Positive analyst upgrades from "neutral" to "outperform" by BNP Paribas and StockNews.com.
  • Stable financial performance with a quick ratio of 0.03 and a current ratio of 0.03, indicating strong liquidity.
  • Strategic focus on providing life and health insurance, and asset management solutions in growing markets like Asia and Africa.
  • Increasing interest from institutional investors and hedge funds, indicating confidence in the company's future prospects.

Prudential
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Prudential plc for these reasons:

  • Recent downgrade from "hold" to "sell" by StockNews.com, signaling potential concerns about future performance.
  • Debt-to-equity ratio of 0.22, which may indicate higher financial leverage compared to industry peers.
  • Analyst downgrade from "buy" to "hold" by Deutsche Bank Aktiengesellschaft, suggesting a more cautious outlook on the stock.
  • Decline in stock price from previous levels, with a gap down to $16.94 on August 25, 2024.
  • Market volatility and economic uncertainties impacting the financial services sector, potentially affecting Prudential's operations.

This page (NYSE:PUK) was last updated on 9/18/2024 by MarketBeat.com Staff
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