Definitive Analysis
Definitive Analysis

Get Full Access

See Pricing Start Free Trial

Prudential Financial, Inc. (PRU)

Company Dividend Discount ModelIndustry: Insurance - LifeSector: Financial Services

Valuation Snapshot

Stable Growth$70.64 - $109.37$88.59
Multi-Stage$101.15 - $110.55$105.76
Blended Fair Value$97.18
Current Price$103.74
Upside-6.33%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS2.88%6.29%5.325.205.115.114.974.624.283.653.663.14
YoY Growth--2.44%1.60%0.17%2.72%7.62%7.89%17.36%-0.31%16.38%8.76%
Dividend Yield--4.77%4.47%6.18%4.32%5.46%8.86%4.46%3.52%3.43%4.35%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,614.00
(-) Cash Dividends Paid (M)1,918.00
(=) Cash Retained (M)696.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)522.80326.75196.05
Cash Retained (M)696.00696.00696.00
(-) Cash Required (M)-522.80-326.75-196.05
(=) Excess Retained (M)173.20369.25499.95
(/) Shares Outstanding (M)355.33355.33355.33
(=) Excess Retained per Share0.491.041.41
LTM Dividend per Share5.405.405.40
(+) Excess Retained per Share0.491.041.41
(=) Adjusted Dividend5.896.446.80
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate0.71%1.71%2.71%
Fair Value$70.64$88.59$109.37
Upside / Downside-31.91%-14.61%5.43%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,614.002,658.642,704.042,750.212,797.182,844.952,930.29
Payout Ratio73.37%76.70%80.02%83.35%86.67%90.00%92.50%
Projected Dividends (M)1,918.002,039.162,163.892,292.292,424.452,560.452,710.52

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate0.71%1.71%2.71%
Year 1 PV (M)1,850.731,869.111,887.48
Year 2 PV (M)1,782.461,818.031,853.96
Year 3 PV (M)1,713.751,765.311,817.89
Year 4 PV (M)1,645.061,711.381,779.68
Year 5 PV (M)1,576.801,656.661,739.72
PV of Terminal Value (M)27,373.2128,759.5130,201.42
Equity Value (M)35,942.0137,579.9939,280.15
Shares Outstanding (M)355.33355.33355.33
Fair Value$101.15$105.76$110.55
Upside / Downside-2.49%1.95%6.56%

High-Yield Dividend Screener

« Prev Page 19 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
SIGISelective Insurance Group, Inc.1.77%$1.4822.19%
FUSBFirst US Bancshares, Inc.1.76%$0.2526.72%
RRyder System, Inc.1.76%$3.4128.29%
RGAReinsurance Group of America, Incorporated1.75%$3.5527.34%
TFG.ASTetragon Financial Group Limited1.75%$0.303.32%
WFCWells Fargo & Company1.75%$1.6725.46%
HCKTThe Hackett Group, Inc.1.74%$0.3485.97%
LEGLeggett & Platt, Incorporated1.74%$0.1911.94%
RPRXRoyalty Pharma plc1.74%$0.6749.36%
SFBCSound Financial Bancorp, Inc.1.74%$0.7637.96%
SXTSensient Technologies Corporation1.74%$1.6350.00%
MKTXMarketAxess Holdings Inc.1.73%$3.0952.31%
PRGPROG Holdings, Inc.1.73%$0.5112.57%
STELStellar Bancorp, Inc.1.73%$0.5326.88%
UFCSUnited Fire Group, Inc.1.73%$0.6214.63%
AMALAmalgamated Financial Corp.1.72%$0.5516.32%
BKThe Bank of New York Mellon Corporation1.72%$2.0127.06%
COWNCowen Inc.1.72%$0.6733.32%
DGDollar General Corporation1.72%$2.3540.66%
AMKRAmkor Technology, Inc.1.71%$0.7359.04%
DTFDTF Tax-Free Income 2028 Term Fund Inc.1.71%$0.2080.42%
ERIEErie Indemnity Company1.71%$4.7538.59%
FLXSFlexsteel Industries, Inc.1.71%$0.6817.01%
MTCHMatch Group, Inc.1.71%$0.5425.07%
LBRTLiberty Energy Inc.1.70%$0.3228.43%
OVBCOhio Valley Banc Corp.1.70%$0.6728.36%
WTFCWintrust Financial Corporation1.70%$2.4320.92%
BANFBancFirst Corporation1.69%$1.8025.72%
BDLFlanigan's Enterprises, Inc.1.69%$0.5021.50%
CDHAXCalvert International Responsible Idx A1.69%$0.6441.92%
CINRSisecam Resources LP1.69%$0.3419.21%
EXPOExponent, Inc.1.69%$1.1858.07%
GDGeneral Dynamics Corporation1.69%$5.8037.41%
HQIHireQuest, Inc.1.69%$0.1836.36%
OTFBlue Owl Technology Finance Corp.1.69%$0.249.20%
PHINPHINIA Inc.1.68%$1.0947.78%
PTRSPartners Bancorp1.68%$0.1213.62%
RNGRRanger Energy Services, Inc.1.67%$0.2434.90%
HQHAbrdn Healthcare Investors1.66%$0.316.95%
JILLJ.Jill, Inc.1.66%$0.2310.45%
PSH.ASPershing Square Holdings, Ltd.1.65%$0.856.48%
SKTTanger Inc.1.65%$0.5558.16%
USCBUSCB Financial Holdings, Inc.1.64%$0.3018.70%
BOTJBank of the James Financial Group, Inc.1.62%$0.3026.41%
RSReliance Steel & Aluminum Co.1.62%$4.7834.66%
SCIService Corporation International1.62%$1.2533.57%
SMLPSummit Midstream Partners, LP1.62%$0.596.02%
TKRThe Timken Company1.62%$1.4032.90%
TRINLTrinity Capital Inc. - 7.00% No1.62%$0.4120.50%
CARRCarrier Global Corporation1.61%$0.8618.56%