[Business Wire] – Prudential Financial, Inc. will release its first quarter 2016 earnings on Wednesday, May 4, 2016, after the market closes. The earnings news release, the financial supplement and related materials will be posted on the company’s Investor Relations website at: http://www.investor.prudential.com. Read more on this. Prudential Financial, Inc. (PRU) , currently valued at $32.33B, opened this morning at $72.85. Looking at today’s market, PRU one day range is $72.67 to $73.40 and has traded between $57.19 and $92.60 over the past 12 months. PRU shares are currently priced at 7.24x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 14.81x earnings multiple. And for those looking to make a return holding the stock, the company pays shareholders $2.80 per share annually in dividends, yielding 3.89%. Consensus earnings for the current quarter by the 18 sell-side analysts covering the stock is an estimate of $2.40 per share, which would be $0.39 worse than the year-ago quarter and a $0.09 sequential decrease. The full-year EPS estimate is $9.78 which would be a $0.26 setback than last year’s full-year earnings. The quarterly earnings estimate is predicated on a consensus revenue forecast of $11.19 Billion. If reported, that would be a 5.25% decrease over the year-ago quarter. Recently, BofA/Merrill downgraded PRU from Buy to Neutral (Jan 20, 2016). Previously, Deutsche Bank upgraded PRU from Hold to Buy. When considering if the stock is under or overvalued, the average price target is $82.94, which is 13.85% above where the stock opened this morning. See more in (NYSE:PRU) Similar Articles: Company Update: Prudential Financial Inc (NYSE:PRU) – Prudential Retirement to offer Student Loan Genius’ 401(k) feature to clients Company Update: Prudential Financial Inc (NYSE:PRU) – Prudential Financial receives regulatory approval for proposed acquisition of indirect ownership interest in Administradora de Fondos de Pensiones Habitat S.A. in Chile Market Update (NYSE:PRU): Prudential Financial To Announce Fourth Quarter 2015 Earnings; Schedules Conference Call