How to Buy Prudential Stock
Prudential PLC
Prudential is a property & casualty insurance company located in United Kingdom, which is part of the Financial Services sector, and is traded under the ticker PUK on the NYSE exchange.
Prudential stock last closed at $19.54, up 2.2% from the previous day, and has decreased 35.53% in one year. It has underperformed other stocks in the Insurance - Life industry by 0.75 percentage points. Prudential stock is currently +14.14% from its 52-week low of $17.12, and -35.13% from its 52-week high of $30.12.
As of May 8, 2024, there are 2.75B shares of PUK outstanding. The market value of PUK is $26.90B. In the last 24 hours, 746,405 PUK shares were traded.
How to Buy Prudential Stock
Not sure how to invest in Prudential stock? Here's how.
- Figure out where to buy Prudential stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Prudential stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Select your payment method and add your details.
- Evaluate Prudential stock: The Prudential ticker symbol is PUK. Is Prudential stock a good investment? Should you buy shares of PUK? How do PUK's underlying business fundamentals look? Do top analysts think Prudential is a good buy? Why has PUK's stock price moved recently? (Hint: Our stock market research website can help you decide if PUK is a good stock to buy).
- Place your PUK purchase: Decide if you will purchase PUK shares at the current market price or use a limit order to buy PUK shares at a specific price.
- Get updates on your PUK position: Create a watchlist to important notifications about your new investment in Prudential shares.
Step 1: Figure out where to buy Prudential stock
You need an online brokerage account in order to access the NYSE market and buy PUK shares.
Our recommended brokerage: eToro
Based on our analysis, eToro is the best place to buy stocks. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to world markets: From Technology to Financial Services, New York to London — you can fill your portfolio with stocks from the world's leading stock exchanges.
- Social investing: eToro boasts a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by creating an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal details so you are able to invest in PUK stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to start your new brokerage account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have created your account on one of the most highly reviewed stock market apps, your next step is to transfer the money for your investment:
Check out the tutorial below to see the process of transferring funds into your new investment account.
Step 4: Evaluate Prudential stock
Once you have identified the best place to buy Prudential stock, it's crucial to evaluate their stock prior to buying, so you actually understand the risk as well as the opportunity.
Prudential stock data
Prudential Fundamentals
WallStreetZen was designed to help average investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on PUK's stock page.
How is PUK stock valued?
Investors use many financial metrics, analyses, models, and charts to gauge PUK's fair value.
Using relative valuations ratios:
- PUK may be overvalued based on its P/E ratio of 15.73x, relative to Insurance - Life industry P/E ratio of 13.63x
- PUK may be overvalued based on its P/B ratio of 1.51x, relative to Insurance - Life industry P/B ratio of 1.41x
You can access additional valuation research on PUK's stock here.
PUK Financial Overview
Positive Financial Indicators:
- PUK earnings of $2.26B is not sufficient to cover its interest payments.
- Total PUK debt is lower than 5 years ago, relative to shareholder equity.
- PUK profit margin has gone up from -14.2% to 15.7% in the past year.
Negative Financial Indicators:
- PUK's operating cash flow of $832.00M allows it to safely service it's debt of $4.87B.
- PUK has a relatively high debt to equity ratio of 8.76.
You can dig deeper into what analysts are forecasting on the Prudential stock forecast page.
PUK Trading Indicators
PUK Revenue
Last year, PUK earnings were $1.70B. In the last five year, PUK's earnings have increased by -16.82% per year. This was slower than the Insurance - Life industry average of 0.14%.
Last year, PUK revenue was $10.83B. During the past five year, PUK's revenue has increased by -21.29% per year. This was slower than the Insurance - Life industry average of -3.88%.
Dive into PUK's earnings and revenue performance here.
Are PUK insiders buying or selling the stock?
In the last year, executives and large shareholders at PUK have not bought or sold any shares.
Get more info about who owns PUK shares here.
Does PUK provide a stable income stream?
Prudential pays a dividend of 2.1%, compared to the Insurance - Life industry's average dividend yield of 2.52%. If you owned $1,000 worth of PUK stock, you would have been paid $20.95 last year.
Prudential dividend payments have not consistently grown over the past decade and have not remained stable.
Find more data about Prudential dividend yield and history here.
What do other traders have to say about PUK?
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your PUK purchase
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount, use a limit order.
Click the Open button and your broker will place your order.
If you require more assistance investing in stocks on eToro, click the helpful video below:
Step 6: Get updates on your PUK position
Now that you own some PUK shares, you'll want to keep up with your new company.
Make a watchlist to track your PUK stock.
PUK Feed
How to Buy Stock in Prudential
To reiterate, here are the 6 steps for buying Prudential stock:
- Figure out where to buy Prudential stock
- Create a brokerage account
- Fund your brokerage account
- Evaluate Prudential stock
- Place your PUK purchase
- Get updates on your PUK position
If you require a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep track of your new investment in Prudential, create a watchlist on WallStreetZen today.
Other Stock Buying Guides You May Enjoy
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.