Deutsche's Yaron Kinar may have downgraded Prudential ( PRU -0.9% ) this morning, but h e's not bearish on the life insurance sector. The Pru move was about valuation and the company's relative lack of interest rate sensitivity. Those
stock trades at 1.5x book, a "merited premium" to its peers, but still not leaving a lot of room for upside. While Prudential will surely benefit from higher interest rates, Kinar says it's not as sensitive to rates as Lincoln National and MetLife. The price target remains $96. PRU -0.5% premarket, and up a tidy 67% YTD. Post your comment!
Prudential ( PRU +0.2% ) failed to move after boosting ..... oversight on capital returns. "What Prudential is saying is they generate lots of excess ..... t see at bottoms: "When I look at Prudential and look at how this management team
Prudential Financial , Inc. ( PRU ) declares $0.53/share quarterly dividend , 32.5% increase from prior dividend of $0.40. Forward yield 2.45% Payable Dec. 19; for shareholders of record Nov. 26; ex-div Nov. 22. Post your comment!
have had their investment returns more than a little constrained by puny yields. IAK +2.4% MetLife ( MET +5.9% ), Prudential ( PRU +4.5% ), Lincoln National ( LNC +6.8% ), Hartford ( HIG +3.1% ). Also set to benefit from a steeper yield
to fuel earnings momentum at Prudential Financial during the third quarter. The ..... the period). Additionally, Prudential ’s focus on international markets ..... penetration in Japan. Closer to home, Prudential continues to lighten its capital
Prudential Financial ( PRU ) Q3 2013 Earnings ..... Executive Officer of Prudential Investment Management ..... Vice President of Prudential Financial & Prudential Insurance ..... article/1819442- prudential - financial -management-discusses
Ladies and gentlemen, thank you for standing by, and welcome to the Third Quarter 2013 Earnings Teleconference. At this time, all lines are in a listen-only mode. Later, we will conduct a question-and-answer session. Instructions will be given to you at that time. As a reminder, today's conference
Nov 6 (Reuters) - Prudential Financial Inc, the second-largest U.S. life insurer, reported a quarterly profit, driven by higher income from its retirement services and investment management business.
Prudential ( PRU ): Q3 EPS of $2.07 misses by $0.03 . ( PR ). Shares -0.5% AH. Post your comment!