Prudential Finl Stock Price, News & Analysis

Prudential Financial (NYSE: PRU) has scheduled its second quarter 2025 earnings release for July 30, 2025, after market close. The company will host a conference call on July 31, 2025, at 11:00 a.m. ET to discuss the results.

The earnings materials will be available on Prudential's Investor Relations website. The company, managing approximately $1.5 trillion in assets as of March 31, 2025, operates across the United States, Asia, Europe, and Latin America, providing investing, insurance, and retirement security services.

Prudential Financial (NYSE: PRU) has announced the election of Tom Stoddard to its Board of Directors as an independent director, effective June 30, 2025. Stoddard will serve on the Board's Audit and Investment Committees.

Stoddard brings 35 years of financial services experience to Prudential's board, including significant roles such as vice chairman of Global Investment Banking at Bank of America, group CFO at Athora Ltd. and Aviva plc, and senior positions at McKinsey & Company and Blackstone. His background spans insurance, asset management, and investment banking sectors.

The appointment leverages Stoddard's extensive experience in financial services leadership and his track record of value generation for financial institutions, which will contribute to Prudential's growth strategy.

Prudential Financial's 2025 Benefits & Beyond study reveals a significant gap between employee needs and employer offerings in paid caregiving leave benefits. The study found that while paid caregiving leave is the most valued workplace benefit across all demographics, only 52% of employers currently offer it. Among leave programs, parental leave (89%), military leave (55%), and pregnancy loss leave (51%) are most commonly offered. Despite 63% of companies offering paid leave programs, one-third of employees avoided taking necessary family/medical leave, citing affordability (37%) and fear of stigma (33%) as main barriers. Employers express concerns about policy abuse (42%) and believe unpaid leave (36%) or short-term disability (30%) sufficiently meets employee needs. The research, based on surveys of 2,946 employees and 750 employers, emphasizes the growing importance of comprehensive paid leave programs in talent retention and workplace satisfaction.

Affirm (AFRM) and PGIM Fixed Income announced an expanded capital partnership through a new revolving pass-through loan sale facility worth up to $3 billion over 36 months. The facility will purchase up to $500 million of Affirm loans at any given time. This follows PGIM's previous $500 million loan purchase in December 2024. PGIM, managing $862 billion in assets, operates a leading asset-based finance platform with $145 billion in securitized credit assets. Affirm's total funding capacity reached $23.3 billion as of March 2025, marking nine consecutive quarters of growth. The company generated over $33 billion in GMV for the twelve months ending March 2025 and has issued 23 asset-backed securitizations totaling $11.5 billion with over 150 unique capital partners.

Solar Landscape, a leading commercial rooftop solar developer, has secured a $175 million private placement from PGIM Private Capital to finance its distributed rooftop solar projects. The partnership will fund 74 projects across Maryland and Illinois, covering 3 million square feet of commercial rooftops and creating 43 megawatts (DC) of solar capacity.

The institutional shelf debt facility complements Walmart's previous tax equity investment announced in October 2024. The initiative includes projects already generating electricity in Maryland, with the remaining portfolio expected to be operational in 2025. PGIM Private Capital, the private capital arm of PGIM (Prudential Financial's $1.4 trillion global investment management business), views this as part of its long-term investment strategy in clean energy.

Prudential Financial (NYSE: PRU) has released its 2025 Benefits & Beyond study, revealing a significant disconnect between employer-provided benefits and employee needs. The study shows that while 75% of employers believe their benefits help with retirement savings, only 35% think they assist with daily financial pressures.

Key employee challenges include retirement savings (45%), everyday goods costs (44%), housing costs (29%), and paycheck-to-paycheck living (26%). While 86% of employers consider their benefits modern, only 59% of employees agree. Employees are seeking flexible benefits, with 41% wanting a four-day workweek and 23% desiring "pawternity" leave. Despite 97% of employers claiming well-being is a priority, only 69% of employees perceive this commitment.

Prudential Financial (NYSE: PRU) has joined the Industry Advisory Board of the Center for Research toward Advancing Financial Technologies (CRAFT) at Stevens Institute of Technology. The partnership will focus on addressing fintech opportunities and challenges, with initial research concentrating on insurance technology, quantum computing, and artificial intelligence.

The collaboration involves leading research universities including Rensselaer Polytechnic Institute and the University of Connecticut. Prudential will be represented by Ian Mehok, VP of strategy for Global Retirement and Insurance businesses. CRAFT's Industry Board includes major financial institutions like Bank of America, Goldman Sachs, and Wells Fargo, and is funded by the National Science Foundation.

American Capital Group (ACG) and PGIM Real Estate (PRU) have formed a joint venture to develop The Foundry at Totem Lake, a premium multifamily project in Kirkland, Seattle. The development will feature 453 units across a seven-story building, offering various floor plans from studios to three-bedrooms. Construction will begin in Q2 2025, with completion expected by Q4 2027.

The property will include extensive amenities such as a 7,000 square foot fitness center, resident lounge, co-working spaces, and recreational areas. Strategically located within the Eastside's Innovation Triangle, the development provides easy access to major tech employers including Google, Microsoft, Meta, and Amazon. The project is walking distance to the Village at Totem Lake, featuring 400,000 square feet of retail space.

Prudential Financial (NYSE: PRU) has declared a quarterly dividend of $1.35 per share of Common Stock. The dividend will be paid on June 12, 2025, to shareholders of record as of May 20, 2025. The company, a global financial services leader, manages approximately $1.5 trillion in assets as of March 31, 2025, with operations across the United States, Asia, Europe, and Latin America.

The company's iconic Rock symbol has represented strength, stability, expertise, and innovation for 150 years, while its diverse workforce focuses on expanding access to investing, insurance, and retirement security solutions.