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Stock Charts AI Power Rank: 7.7
Power Rank trend -> Falling
07/08/2024 11:17:00 EST
Prudential Financial Inc (PRU)
Industry: Insurance - Life
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, PRU has been trading in a range between $119.16 and $113.11 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
PRU is trading below resistance at $121.31, about 3% to the upside. There is support at $115.71 -1% to the downside. If it can break above the resistance, it could have some more upside. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
Prudential Financial Inc $PRU entered a Green zone 11 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $99.43, a potential down side of -14.9% from the recent price of 116.84. The stock is trading 3.22% (potential upside) below its 52 week high of $120.60 and 37.7 % (potential downside) above its 52 week low of $84.85 - based on the recent price.
Company Summary
Prudential Financial, Inc, together with its subsidiaries, provides insurance, investment management, and other financial products and services in the United States and internationally. It operates through PGIM, Retirement Strategies, Group Insurance, Individual Life, and International Businesses segments.
News
| PennyMac Mortgage Investment Trust Announces Issuance of Term Notes Secured by Fannie Mae MSRs WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today the pricing of a private offering of secured term notes (the “Notes”) in an aggregate principal amount of $355 million issued by the Company's indirect subsidiary, PMT ISSUER TRUST – FMSR. The Notes mature on December 27, 2027 and were priced at SOFR + 2.75%. The majority of the Notes were placed with funds and accounts managed by PGIM Fixed Income, a Prudential Financial (NYSE: PRU) compan. Source: Business Wire Wed, 03 Jul 2024 08:00:00 -0400 Sentiment: Neutral |
| Deadline Approaching for Receiving Share of Prudential Financial, Inc. (PRU) Recovery - Contact Levi & Korsinsky, LLP for Further Details NEW YORK, NY / ACCESSWIRE / July 2, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Prudential Financial, Inc. (NYSE:PRU). The settlement provides for a fund of $35,000,000 to benefit class members. Source: Accesswire Tue, 02 Jul 2024 14:00:00 -0400 Sentiment: Neutral |
| Prudential Financial, Inc. to Announce Second Quarter 2024 Earnings; Schedules Conference Call NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) will release its second quarter 2024 earnings on Thursday, August 1, 2024, after the market closes. The earnings news release, the financial supplement, and related materials will be posted on the company's Investor Relations website at investor.prudential.com. Members of Prudential's senior management will host a conference call on Friday, August 2, 2024, at 11:00 a.m. ET to discuss with the investment community the company'. Source: Business Wire Tue, 02 Jul 2024 08:35:00 -0400 Sentiment: Neutral |
| Prudential Financial releases 2023 Sustainability Report NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) today published its 13th consecutive annual Sustainability Report, providing a comprehensive overview of the company's efforts to deliver on its purpose and create sustainable value for the customers, clients, shareholders, employees and communities it serves. “A sustainable approach to doing business and serving our customers is a critical component of how Prudential is transforming into a higher growth, more capital efficie. Source: Business Wire Tue, 02 Jul 2024 08:00:00 -0400 Sentiment: Neutral |
| Prudential Financial Elects Carmine Di Sibio to Board of Directors NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) announced today that Carmine Di Sibio has been elected to the Board of Directors as an independent director, effective July 1, 2024. He will serve on the Board's Audit Committee. Di Sibio recently retired as global chairman and chief executive of EY, one of the world's largest professional services organizations. He led EY's global strategy, through which the organization invested more than $10 billion in technology, solution. Source: Business Wire Mon, 01 Jul 2024 08:35:00 -0400 Sentiment: Neutral |
Technicals 52 Week Hi: 120.598 52 Week Low: 84.8502 Beta: 1.327 50 Day MA: 116.6386 200 Day MA: 106.1327 Earnings / Revenue Trends Qtr Earnings Growth YOY: -0.206 Qtr Revenue Growth YOY: 0.379 Forward PE: 8.0128 Trailing PE: 19.67