PRU

[benjamen]

Does anyone else own PRU?  It has fallen from a reasonably priced mid-80s to a cheaply priced $70.50 over the last few weeks.  Besides a general market selloff, I can't figure out why it is dropping so hard.

P/E ~ 9.5
Forward P/E ~ 7.2
Yield ~ 4%
Payout ~ 30%
Low debt

[rapidacid]

I've never looked at them before but their numbers look pretty strong. Especially forward EPS estimates.

They score low in the screener I use because SR thinks their dividend history is spotty, but I think that's just cuz they went from a once a year dividend payment to quarterly.



Know that a 90% decline in stock price is possible during times of extreme distress