PRS · Prudential Financial Inc
$19.69
+0.13 (+0.66%)
At close · Oct 28
Return incl. dividend (before tax)
Market Cap
$39.80B
Shares
345.00M
Volume · Oct 28
44.64K
Avg daily vol (3M)
52.15K
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$19.56
Open$19.60
Day$19.50–19.65
52W close$19.49–24.97
Avg vol 30d57K
Last earningsNov 4, 2026
DataJan 2020–Oct 2026
Filing10-Q · Aug 5
Up next
Next earnings call
Nov 4, 2026
Scheduled
· in 1 wks
call held Aug 4, 2026
Latest filings
8-K
Regulation FD disclosure
·
filed Oct 20, 2026
Prudential Financial, Inc. agreed to sell 100% of Prudential of Brazil and Prudential of Mexico to the CNP Assurances Group for an aggregate purchase price of approximately $4.025 billion in cash, subject to closing adjustments; closing is expected in the second half of 2027.
Read the 8-K
10-Q
filed Aug 5, 2026
Read the 10-Q
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
Guidance & track record
Latest guidance
· from the Earnings Call filed Aug 5, 2026
by year-end 2028
Pre-tax run rate benefits
$750M
long-term target
PGM share of PFI's AOI
25%
Previous outlook
earlier release
· from the Earnings Call filed May 6, 2026
Still-open targets the latest release did not restate under the same label.
Aggregate impact to 2026 pre-tax adjusted operating income from
· 2026
$525M – $575M
Full year 2026 tax rate
· full year 2026
21% – 22%
Run rate savings
· 2027
$150M
Prior guidance
period ended
· from the 8-K filed Apr 14, 2026
Other related revenues, net of related expenses
· For the quarter ended March 31, 2026
$35M
Alternative investment income of the General Account (excluding
· For the quarter ended March 31, 2026
$75M – $95M
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders illustrative — not investment adviceMarket signals — smart money & positioning
Bullish · 2 of 6
Trend (MA cross)
No cross
50d $20 › 200d $22 — 200d above 50d
Institutional flow
Accumulating
479 of 1,431 funds reported for Sep 30 · net +315.8K sh shares · +39 new
Insider flow
Distributing
Net -$956.6K over 90 days · 100% sells
Short interest
Flat
No short-interest data
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
1,431 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $19
Now $20 · 1%
Range high $25
vs 200-day avg -12%
vs 50-day avg -3%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted operating income (loss) before income taxes - Japan Businesses non-GAAP | 694M | 2Q 2026 | — |
| Adjusted operating income (loss) before income taxes - U.S. Legacy Products non-GAAP | 234M | 2Q 2026 | — |
| Annualized new business premiums - Prudential Advisors | 50M | 2Q 2026 | — |
| Annualized new business premiums - Term life | 42M | 2Q 2026 | — |
| Annualized new business premiums - Third party distribution | 187M | 2Q 2026 | — |
| Annualized new business premiums - Total | 237M | 2Q 2026 | — |
| Annualized new business premiums - Universal life | 20M | 2Q 2026 | — |
| Annualized new business premiums - Variable life | 175M | 2Q 2026 | — |
| Annualized new business premiums on a constant exchange rate basis - Total | 262M | 2Q 2026 | — |
| Annualized new business premiums on an actual exchange rate basis - Banks | 48M | 2Q 2026 | — |
| Annualized new business premiums on an actual exchange rate basis - Independent Agency and Other | 79M | 2Q 2026 | — |
| Annualized new business premiums on an actual exchange rate basis - Life Consultants | 109M | 2Q 2026 | — |
| Annualized new business premiums on an actual exchange rate basis - Total | 258M | 2Q 2026 | — |
| Assets Under Management of the PGIM Segment | 1.47T | As of September 30, 2026 | — |
| Ending account balance - Policyholders' Account Balances | 20.81B | 2Q 2026 | — |
| Ending account balance - Separate Account Liabilities | 67.6B | 2Q 2026 | — |
| Ending account balance, gross - Guaranteed Universal Life Policyholders' Account Balances | 14.94B | 2Q 2026 | — |
| Ending account balance, net - Guaranteed Universal Life Policyholders' Account Balances | 5.65B | 2Q 2026 | — |
| Ending account value, gross - Annuities | 83.46B | 2Q 2026 | — |
| Ending account value, net - Annuities | 76.09B | 2Q 2026 | — |
| Face amount of individual policies in force at end of period | 501B | 2Q 2026 | — |
| Life insurance individual policy persistency - 13 months | 95.7% | 2Q 2026 | — |
| Life insurance individual policy persistency - 25 months | 88.9% | 2Q 2026 | — |
| Market Risk Benefits Account Values Total | 79.39B | 2Q 2026 | — |
| Market Risk Benefits Net Amount at Risk Total | 7.91B | 2Q 2026 | — |
| Net Face Amount In Force - Guaranteed Universal Life | 37B | 2Q 2026 | — |
| Net Face Amount In Force - Term life | 293B | 2Q 2026 | — |
| Net Face Amount In Force - Total | 500B | 2Q 2026 | — |
| Net Face Amount In Force - Variable life | 182B | 2Q 2026 | — |
| Net flows - Annuities | -3.54B | 2Q 2026 | — |
| Number of individual policies in force at end of period | 10.95M | 2Q 2026 | — |
| Number of Life Consultants at end of period | 6,917 | 2Q 2026 | — |
| Number of Life Planners at end of period | 4,068 | 2Q 2026 | — |
| Policyholder Account Balances at end of period | 56.89B | 2Q 2026 | — |
| Reinsurance ceded - Annuities | -7.36B | 2Q 2026 | — |
| Annualized new business premiums | $73M | Three Months Ended June 30, 2026 filing | — |
| Annualized new business premiums - Group disability | $56M | Three Months EndedJune 30, 2026 filing | — |
| Annualized new business premiums - Group life | $17M | Three Months EndedJune 30, 2026 filing | — |
| Beginning account value, gross | $369.08B | Three Months EndedJune 30, 2026 filing | — |
| Fee-based stable value account value | $67.06B | Three Months EndedJune 30, 2026 filing | — |
| Fee-based stable value sales and additions | $915M | Three Months EndedJune 30, 2026 filing | — |
| Group disability administrative expense ratio | 23.8% | Three Months EndedJune 30, 2026 filing | — |
| Group disability benefits ratio | 82.7% | Three Months EndedJune 30, 2026 filing | — |
| Group Insurance adjusted operating income non-GAAP | $155M | Three Months EndedJune 30, 2026 filing | — |
| Group life administrative expense ratio | 11.3% | Three Months EndedJune 30, 2026 filing | — |
| Group life benefits ratio | 76.2% | Three Months EndedJune 30, 2026 filing | — |
| Long-Term Care Divested and Run-off results non-GAAP | $65M | Three Months Ended June 30, 2026 filing | — |
| Longevity reinsurance account value | $120.66B | Three Months EndedJune 30, 2026 filing | — |
| Longevity reinsurance sales and additions | $980M | Three Months EndedJune 30, 2026 filing | — |
| Other Divested and Run-off results non-GAAP | $70M | Three Months Ended June 30, 2026 filing | — |
| Pension risk transfer and other products account value | $109.36B | Three Months EndedJune 30, 2026 filing | — |
| Pension risk transfer and other products sales and additions | $1.37B | Three Months EndedJune 30, 2026 filing | — |
| Private credit and equity private capital deployed | 12.3B | Three Months Ended June 30, 2026 filing | — |
| Real estate debt and equity private capital deployed | 8.3B | Three Months Ended June 30, 2026 filing | — |
| Reinsurance ceded | -$13.95B | Three Months EndedJune 30, 2026 filing | — |
| Retail annuities account value | $65.65B | Three Months EndedJune 30, 2026 filing | — |
| Sales and additions | $6.85B | Three Months EndedJune 30, 2026 filing | — |
| Total Divested and Run-off Businesses income excluded from adjusted operating income non-GAAP | $135M | Three Months Ended June 30, 2026 filing | — |
| Total Group Insurance administrative expense ratio | 15.1% | Three Months EndedJune 30, 2026 filing | — |
| Total Group Insurance benefits ratio | 78.3% | Three Months EndedJune 30, 2026 filing | — |
| Total private capital deployed | 20.6B | Three Months Ended June 30, 2026 filing | — |
| Withdrawals and benefits | -$6.63B | Three Months EndedJune 30, 2026 filing | — |
| Adjusted book value non-GAAP | 35.21B | 2Q 2026 | — |
GAAP → non-GAAP reconciliationGAAP GAAP book value (total PFI equity) at end of period 31.58B
+4.06B Less: Accumulated other comprehensive income (AOCI)
-20M Less: Cumulative change in fair value of funds withheld embedded derivatives
-410M Less: Cumulative effect of foreign exchange rate remeasurement and currency translation adjustments corresponding to realized ga
= Adjusted book value 35.21B
|
|||
| Adjusted book value per Common share non-GAAP | $100.91 | second quarter 2026 | — |
| Adjusted book value per common share - diluted non-GAAP | $100.91 | as of June 30, 2026 | — |
| Adjusted operating income (loss) before income taxes - Individual Life non-GAAP | 176M | 2Q 2026 | — |
| Adjusted operating margin non-GAAP | 28.2% | 2Q 2026 (three months ended June 30, 2026) | — |
| Administrative expense ratio | 11.3% | 2Q 2026 (Group Life Insurance) | — |
| Affiliated assets managed | 546B | as of June 30, 2026 | — |
| Affiliated gross additions, excluding money market | 16.8B | Three months ended June 30, 2026 | — |
| Affiliated net additions (withdrawals), excluding realizations, distributions and money market | -3B | Three months ended June 30, 2026 | — |
| After-tax adjusted operating income non-GAAP | 1.44B | second quarter 2026 | — |
GAAP → non-GAAP reconciliationGAAP Adjusted operating income (loss) before income taxes 1.83B
-389M Income taxes, applicable to adjusted operating income
= After-tax adjusted operating income 1.44B
|
|||
| After-tax adjusted operating income (loss) per share non-GAAP | $4.08 | Three Months Ended June 30, 2026 | — |
| Annualized new business premiums - Emerging Markets (actual exchange rate) | 118M | 2Q 2026 | — |
| Annualized new business premiums - Japan (actual exchange rate) | 258M | 2Q 2026 | — |
| Assets under administration | 193.7B | as of June 30, 2026 | — |
| Book value per Common share | $90.5 | second quarter 2026 | — |
| Capital returned to shareholders | $743M | second quarter 2026 | — |
| Corporate and Other adjusted operating income (loss) non-GAAP | 279M | Three Months Ended June 30, 2026 | — |
| Ending account value, gross | 376.68B | 2Q 2026 | — |
| Face amount of individual policies in force at end of period (in billions) - Emerging Markets | 59B | 2Q 2026 | — |
| Face amount of individual policies in force at end of period (in billions) - Japan | 501B | 2Q 2026 | — |
| Face amount of individual policies in force at end of period (in billions) - Total | 560B | 2Q 2026 | — |
| Fixed maturities yield (Excluding Funds Withheld and Japanese Insurance Operations) | 5.65% | Six Months Ended June 30, 2026 | — |
| Fixed maturities yield (Japanese Insurance Operations) | 3.45% | Six Months Ended June 30, 2026 | — |
| Group Insurance total annualized new business premiums | 73M | Three months ended June 30, 2026 | — |
| Group Insurance year-to-date sales | $599M | year-to-date 2026 | — |
| Individual Life record second quarter sales | $237M | second quarter 2026 | — |
| Individual Life total annualized new business premiums | 237M | Three months ended June 30, 2026 | — |
| Institutional customers - Third Party assets managed | 663B | as of June 30, 2026 | — |
| Institutional Customers gross additions, excluding money market | 22.3B | Three months ended June 30, 2026 | — |
| Institutional Customers net additions (withdrawals), excluding realizations, distributions and m | 3.1B | Three months ended June 30, 2026 | — |
| International Businesses adjusted operating income (loss) before income taxes non-GAAP | 855M | Three Months Ended June 30, 2026 | — |
| International Businesses annualized new business premiums, actual exchange rate basis | 376M | Three months ended June 30, 2026 | — |
| International Businesses annualized new business premiums, constant exchange rate basis | 361M | Three months ended June 30, 2026 | — |
| International Businesses life insurance individual policy persistency - 13 months | 93.7% | 2Q 2026 | — |
| International Businesses life insurance individual policy persistency - 25 months | 85.6% | 2Q 2026 | — |
| Life Planners | 6,169 | 2Q 2026 | — |
| Net face amount of policies in force (in billions) | 2.11T | 2Q 2026 | — |
| Net legacy annuities account values | 76B | second quarter 2026 | — |
| Number of individual policies in force - Emerging Markets | 939K | 2Q 2026 (end of period) | — |
| Number of individual policies in force - Japan | 10.95M | 2Q 2026 (end of period) | — |
| Number of individual policies in force - Total | 11.88M | 2Q 2026 (end of period) | — |
| Number of individual policies in force at end of period (in thousands) - Japan | 10.95M | 2Q 2026 | — |
| Number of individual policies in force at end of period (in thousands) - Total | 11.88M | 2Q 2026 | — |
| Number of Life Planners at end of period - Emerging Markets | 2,101 | 2Q 2026 | — |
| Number of Life Planners at end of period - Japan | 4,068 | 2Q 2026 | — |
| Operating Return on Average Equity (based on adjusted operating income) non-GAAP | 16.4% | Three months ended June 30, 2026 | — |
| Parent company highly liquid assets | 4.2B | second quarter 2026 | — |
| PGIM adjusted operating income (loss) before income taxes non-GAAP | 294M | Three Months Ended June 30, 2026 | — |
| PGIM total net inflows | 1.6B | the quarter | — |
| Policyholder Account Balances at end of period (in millions) - International Businesses | 56.94B | 2Q 2026 | — |
| Retail annuities sales and additions | 3.59B | 2Q 2026 | — |
| Retail customers - Third Party assets managed | 282.3B | as of June 30, 2026 | — |
| Retail Customers gross additions, excluding money market | 19.9B | Three months ended June 30, 2026 | — |
| Retail Customers net additions (withdrawals), excluding money market | 1.5B | Three months ended June 30, 2026 | — |
| Retirement gross sales and additions | 6.85B | Three months ended June 30, 2026 | — |
| Retirement net account values | 363B | second quarter 2026 | — |
| Retirement net sales and additions (withdrawals) | 220M | Three months ended June 30, 2026 | — |
| Retirement retail annuity sales | 3.6B | the quarter | — |
| Retirement total account value at end of period, net | 362.73B | as of June 30, 2026 | — |
| Retirement total sales | 6.8B | the quarter | — |
| Sales and additions (total) | 6.85B | 2Q 2026 | — |
| Third party distribution | 187M | 2Q 2026 | — |
| Total adjusted operating income (loss) before income taxes non-GAAP | 1.83B | Three Months Ended June 30, 2026 | — |
| Total adjusted revenues non-GAAP | $1.04B | 2Q 2026 (three months ended June 30, 2026) | — |
| Total annualized new business premiums (Individual Life) | 237M | 2Q 2026 | — |
| Total assets under management | 1.64T | as of June 30, 2026 | — |
| Total assets under management and administration | 1.84T | 2Q 2026 | — |
| Total Life Planners | 6,169 | 2Q 2026 (end of period) | — |
| Total net flows (trailing twelve months) | -5.7B | trailing twelve months ended June 30, 2026 | — |
| Total PGIM assets managed | 1.49T | as of June 30, 2026 | — |
| U.S. Businesses adjusted operating income (loss) before income taxes non-GAAP | 957M | Three Months Ended June 30, 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Insurance - Life — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
PRS
this stock
Prudential Financial Inc
|
$39.80B | -17.9% | -13.7% | — | — |
|
CILJF
China Life Insurance Co Ltd
|
$83.95B | -5.7% | — | — | 0.1% |
|
MFC
Manulife Financial Corp
|
$74.41B | +24.0% | — | — | 0.5% |
|
MET
Metlife Inc
|
$63.53B | +26.7% | +8.6% | 19.1 | 1.7% |
|
AFL
Aflac Inc
|
$61.16B | +10.6% | -9.3% | 13.2 | 2.0% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
SEC Filings
Latest
8-K
- Filed
- Oct 20, 2026
- This year
- 26
Prudential Financial, Inc. agreed to sell 100% of Prudential of Brazil and Prudential of Mexico to the CNP Assurances Group for an aggregate purchase price of approximately $4.025 billion in cash, subject to closing adjustments; closing is expected in the second half of 2027.
ViewPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| PRS | -0.7% | -1.9% | -14.8% | -1.5% | -17.9% |
| SPY | +0.1% | +0.7% | +4.9% | +0.9% | +12.9% |
| vs SPY | -0.8% | -2.6% | -19.7% | -2.4% | -30.8% |
Capital returns
Latest dividend
$0.352
/ share · ex Jul 31, 2026
Declared · upcoming
$0.3516
/ share · ex Oct 30, 2026
Paid (TTM)
$1.408
/ share · 4 payouts
Dividend yield (TTM, derived)
7.20%
Buyback program
· as of Feb 3, 2026
Authorized
$1.00B
Spent (derived)
—
Remaining
—
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.