Brighthouse Financial (NASDAQ:BHF – Get Free Report) will announce its earnings results after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of $4.01 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.
Brighthouse Financial (NASDAQ:BHF – Get Free Report) last announced its quarterly earnings data on Tuesday, February 13th. The company reported $2.92 EPS for the quarter, missing analysts’ consensus estimates of $3.83 by ($0.91). Brighthouse Financial had a negative net margin of 27.01% and a positive return on equity of 20.71%. The company had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $2.13 billion. During the same period in the previous year, the firm posted $3.51 earnings per share. On average, analysts expect Brighthouse Financial to post $17 EPS for the current fiscal year and $20 EPS for the next fiscal year.
Brighthouse Financial Stock Up 1.0 %
BHF stock opened at $48.99 on Monday. The company has a 50 day moving average of $48.44 and a two-hundred day moving average of $49.80. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.63. Brighthouse Financial has a 12-month low of $39.24 and a 12-month high of $56.24. The company has a market cap of $3.06 billion, a price-to-earnings ratio of -2.64 and a beta of 1.14.
Insider Buying and Selling at Brighthouse Financial
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on the stock. Piper Sandler lifted their price objective on shares of Brighthouse Financial from $48.00 to $55.00 and gave the company a “neutral” rating in a research note on Friday, April 5th. Keefe, Bruyette & Woods reiterated an “underperform” rating and set a $50.00 price target on shares of Brighthouse Financial in a research note on Friday, February 16th. Morgan Stanley downgraded Brighthouse Financial from an “equal weight” rating to an “underweight” rating and set a $52.00 price objective on the stock. in a research note on Friday, February 23rd. Finally, Wells Fargo & Company upped their target price on Brighthouse Financial from $49.00 to $51.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 11th. Three analysts have rated the stock with a sell rating and four have given a hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $51.14.
Check Out Our Latest Stock Report on Brighthouse Financial
About Brighthouse Financial
Brighthouse Financial, Inc provides annuity and life insurance products in the United States. It operates through three segments: Annuities, Life, and Run-off. The Annuities segment consists of variable, fixed, index-linked, and income annuities for contract holders' needs for protected wealth accumulation on a tax-deferred basis, wealth transfer, and income security.
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