Prudential Financial Inc (PRU): Today's Featured Insurance Loser

Prudential Financial ( PRU) pushed the Insurance industry lower today making it today's featured Insurance loser. The industry as a whole closed the day down 0.5%. By the end of trading, Prudential Financial fell 38 cents (-0.8%) to $47.04 on light volume. Throughout the day, 2.5 million shares of Prudential Financial exchanged hands as compared to its average daily volume of 4.2 million shares. The stock ranged in price between $46.83-$48.18 after having opened the day at $47.77 as compared to the previous trading day's close of $47.42. Other company's within the Insurance industry that declined today were: Crawford & Company ( CRD.B), down 10.5%, MBIA ( MBI), down 8.9%, Crawford & Company ( CRD.A), down 8.2%, and Kingstone Companies ( KINS), down 6.6%.

Prudential Financial, Inc., through its subsidiaries, provides various financial products and services, including life insurance, annuities, retirement-related services, mutual funds, and investment management services in the United States, Asia, Europe, and Latin America. Prudential Financial has a market cap of $22.32 billion and is part of the financial sector. The company has a P/E ratio of 12.1, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 4.6% year to date as of the close of trading on Monday. Currently there are 15 analysts that rate Prudential Financial a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates Prudential Financial as a hold. Among the primary strengths of the company is its reasonable valuation levels, considering its current price compared to earnings, book value and other measures. At the same time, however, we also find weaknesses including deteriorating net income, generally poor debt management and disappointing return on equity.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the insurance industry could consider KBW Insurance ETF ( KIE) while those bearish on the insurance industry could consider Proshares Short Financials ( SEF).

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