保德信金融(PRU)
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Is Prudential Financial (PRU) Stock Outpacing Its Finance Peers This Year?
Zacks Investment Research· 2024-02-09 23:40
For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Prudential (PRU) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Prudential is one of 857 individual stocks in the Finance sector. Collectively, these companies sit at #12 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks R ...
Are Investors Undervaluing Prudential Financial (PRU) Right Now?
Zacks Investment Research· 2024-02-08 23:46
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving ...
Prudential(PRU) - 2023 Q4 - Earnings Call Transcript
2024-02-08 05:50
财务数据和关键指标变化 - 2023年全年税前调整后营业利润为55亿美元,每股11.62美元,第四季度为13亿美元,每股2.58美元 [33][34] - 2023年第四季度GAAP净收益高于税后调整后营业利润,主要由于利率下降导致的投资收益增加 [34] 各条业务线数据和关键指标变化 - PGIM资产管理业务:第四季度其他相关收入下降,主要由于激励费和代理收入下降,但资产管理费收入增加,受益于收购Deerpath Capital和Prismic的影响 [35][36][39][40][43] - 美国业务:息差收入增加,受益于业务增长和利率上升,但传统可变年金费收入下降 [35][36] - 国际业务:承保结果较差,包括保单持有人行为不利,但费用下降 [35][36][52][53] 各个市场数据和关键指标变化 - 日本:销售增长21%,受益于新产品推出,多渠道分销模式 [53][54] - 巴西:销售增长24%,所有渠道均有增长,创历史新高 [53][54] - 直布罗陀:销售增长27%,主要受独立代理和银行渠道的推动 [53][54] 公司战略和发展方向及行业竞争 - 公司通过再保险交易提高资本效率,如10亿美元传统可变年金再保险、100亿美元结构性结算年金交易、125亿美元保证寿险准备金再保险 [17][18][19] - 通过收购Deerpath Capital等交易,增强PGIM在私募信贷和直接贷款等有吸引力领域的能力 [19][43] - 在国际市场如拉美和日本,持续拓展第三方分销渠道,推出新产品满足客户需求 [21][53][54] - 在美国,推出新的结构性结算年金产品,并与Fidelity合作推出退休收入解决方案 [23][24] - 公司正在转型,提高效率和灵活性,平均2周推出一款新产品或升级产品 [25][26] 管理层对经营环境和未来前景的评论 - 公司财务实力雄厚,资本充足,流动性充沛,投资组合优质多元化,资产负债管理严格 [28][29] - 对未来保持乐观,将继续投资于业务增长,同时保持资本回报给股东 [27][57] - 预计2024年第一季度每股收益为3.36美元,剔除特殊因素后为3.50美元,反映公司基本面持续改善 [59][60][61][62][63] 问答环节重要的提问和回答 问题1 **Tom Gallagher 提问** 询问公司自由现金流转换率目标是否保持65%不变,以及日本经济偿付能力新规对公司资本和现金流的影响 [69][70] **Kenneth Tanji 回答** 公司自由现金流转换率长期维持在65%左右,反映业务结构和增长策略。日本新偿付能力规则公司有多种应对策略,如内部再保险等 [71][72][73] 问题2 **Ryan Krueger 提问** 询问公司对短期利率敏感度,尤其是在利率可能下降时 [87][88] **Kenneth Tanji 回答** 公司短期利率敏感度较小,因为短期资产收益和支付短期利率的衍生工具大致抵消 [88][89] 问题3 **Alex Scott 提问** 询问公司未来资本部署的优先次序,是否会更多投资于业务增长 [91][92][93][94][95][96] **Charles Lowrey 回答** 公司将保持资本的平衡和纪律性部署,包括维护财务实力、投资业务增长以及回报股东 [93][94][95][96]
Prudential's (PRU) Q4 Earnings Miss, Revenues Increase Y/Y
Zacks Investment Research· 2024-02-08 00:41
Prudential Financial, Inc. (PRU) reported fourth-quarter 2023 adjusted operating income of $2.58 per share, which missed the Zacks Consensus Estimate by 3.3%. However, the bottom line rose 3.6% year over year.Total revenues of $13 billion increased 6.7% year over year. The increase in revenues was due to higher premiums and net investment income. However, it missed the Zacks Consensus Estimate by 0.3%.Prudential's fourth-quarter results reflect improved expenses, less favorable underwriting results, net out ...
Here Is Why Bargain Hunters Would Love Fast-paced Mover Prudential (PRU)
Zacks Investment Research· 2024-02-07 22:51
动量投资 - Momentum投资是一种与“低买高卖”理念相悖的投资风格[1] - 选择快速增长的热门股票进行投资并非易事,需要注意正确的入场点[2] - PRU股票通过筛选,展现出良好的价格表现和快速的动量[4][5][6] - PRU股票目前具有B级的动量评分,适合进场以利用动量[8] - PRU股票的盈利预期修订呈上升趋势,获得Zacks Rank 2 (买入)评级[9] - PRU股票的价格销售比率表现良好,目前交易价格为销售额的0.73倍[10]
Prudential assumes $4.9 billion in pension obligations for 21,500 Shell U.S. retirees
Businesswire· 2024-02-07 22:00
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (PFI) (NYSE: PRU) closed a pension risk transfer transaction with Shell USA, Inc. for $4.9 billion in pension obligations covering a block of about 21,500 of the company’s U.S. retirees. As a result of this transaction, PFI, through its subsidiary The Prudential Insurance Company of America, will be responsible for the pension benefit payments to these retirees beginning May 15, 2024. “Prudential is honored to help continue meeting the retirement ...
Prudential Announces Group Insurance Leadership Transition
Businesswire· 2024-02-07 21:45
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) announced today that Mike Estep, head of product for Group Insurance, will succeed Yanela Frias as president of its Group Insurance business following Frias’ appointment as Prudential’s CFO. The change is effective March 15, 2024. Estep will report to Caroline Feeney, head of Prudential’s U.S. Businesses. “Mike’s leadership has been instrumental in developing a long-term vision for our product strategy and driving business growth.” sai ...
Prudential (PRU) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-02-07 09:01
Prudential (PRU) reported $13.02 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 2.9%. EPS of $2.58 for the same period compares to $2.42 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $13.07 billion, representing a surprise of -0.35%. The company delivered an EPS surprise of -3.37%, with the consensus EPS estimate being $2.67.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...
Prudential (PRU) Misses Q4 Earnings and Revenue Estimates
Zacks Investment Research· 2024-02-07 07:41
财报数据 - Prudential (PRU)第四季度每股收益为2.58美元,低于Zacks Consensus Estimate的2.67美元[1] - Prudential上一季度预期每股收益为3.16美元,实际为3.44美元,超出预期8.86%[2] - Prudential第四季度营收为130.2亿美元,低于Zacks Consensus Estimate[3] 股价走势 - Prudential股价受到最近发布的数据和未来盈利预期的影响[4] - 管理层在财报电话会议上的评论将决定股价的走势[4]
Retirement Confidence for American Workers Has Been Low Since 2022, According to New PGIM RetireWell™ Confidence Index
Businesswire· 2024-02-05 22:51
PGIM RetireWell Confidence Index: Using the Prudential financial wellness assessment, the current question used to estimate financial confidence asks respondents, “Overall, how are you feeling about your finances?” while the retirement confidence question asks, “Do you think you’ll have enough savings for the retirement you want?” The PGIM RetireWell Confidence Index is the average of the financial confidence score and the retirement confidence score. (Graphic: Business Wire)PGIM RetireWell Confidence Index ...