Prudential Financial Inc (PRU): Today's Featured Insurance Winner
(
) pushed the Insurance industry higher today making it today's featured insurance winner. The industry as a whole closed the day down 0.5%. By the end of trading, Prudential Financial rose $0.80 (1.1%) to $74.10 on average volume. Throughout the day, 3,183,072 shares of Prudential Financial exchanged hands as compared to its average daily volume of 3,101,700 shares. The stock ranged in a price between $73.12-$74.20 after having opened the day at $73.50 as compared to the previous trading day's close of $73.30. Other companies within the Insurance industry that increased today were:
(
), up 2.9%,
(
), up 2.6%,
National Interstate Corporation
(
), up 2.6% and
(
), up 2.1%.
Prudential Financial, Inc., through its subsidiaries, provides a range of insurance, investment management, and other financial products and services to both individual and institutional customers in the United States and internationally. Prudential Financial has a market cap of $33.9 billion and is part of the financial sector. The company has a P/E ratio of 51.7, above the S&P 500 P/E ratio of 17.7. Shares are up 36.9% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Prudential Financial a buy, no analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates
Prudential Financial
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
- You can view the full Prudential Financial Ratings Report.
On the negative front,
(
), down 7.5%,
(
), down 3.4%,
(
), down 3.2% and
(
), down 2.8% , were all laggards within the insurance industry with
(
) being today's insurance industry laggard.
- Use our insurance section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the insurance industry could consider
(
) while those bearish on the insurance industry could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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