Brokers Set Expectations for BRLT FY2026 Earnings

Brilliant Earth Group, Inc. (NASDAQ:BRLT - Free Report) - Research analysts at Telsey Advisory Group issued their FY2026 earnings per share (EPS) estimates for Brilliant Earth Group in a note issued to investors on Wednesday, May 7th. Telsey Advisory Group analyst D. Telsey expects that the company will post earnings per share of ($0.01) for the year. Telsey Advisory Group currently has a "Market Perform" rating and a $2.00 target price on the stock. The consensus estimate for Brilliant Earth Group's current full-year earnings is ($0.02) per share.

Brilliant Earth Group (NASDAQ:BRLT - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.14). Brilliant Earth Group had a return on equity of 3.09% and a net margin of 0.50%. The company had revenue of $93.88 million for the quarter, compared to the consensus estimate of $94.42 million.

Separately, Jefferies Financial Group downgraded Brilliant Earth Group from a "buy" rating to a "hold" rating and lowered their price objective for the stock from $4.00 to $1.60 in a research report on Tuesday, February 4th.

Brilliant Earth Group Trading Down 11.2%

Shares of BRLT traded down $0.17 during mid-day trading on Monday, reaching $1.35. 241,134 shares of the company were exchanged, compared to its average volume of 65,083. Brilliant Earth Group has a 52 week low of $1.25 and a 52 week high of $2.68. The company has a debt-to-equity ratio of 0.49, a quick ratio of 2.27 and a current ratio of 2.80. The stock has a market capitalization of $134.18 million, a PE ratio of 45.02 and a beta of 1.43. The business has a 50 day simple moving average of $1.50 and a two-hundred day simple moving average of $1.68.

Insider Buying and Selling

In related news, insider Sharon Dziesietnik sold 20,792 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $1.50, for a total transaction of $31,188.00. Following the completion of the sale, the insider now owns 371,329 shares of the company's stock, valued at $556,993.50. This trade represents a 5.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 84.70% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Brilliant Earth Group

Large investors have recently added to or reduced their stakes in the business. Jane Street Group LLC acquired a new stake in Brilliant Earth Group during the fourth quarter worth approximately $25,000. XTX Topco Ltd acquired a new stake in Brilliant Earth Group during the fourth quarter worth approximately $38,000. Millennium Management LLC acquired a new stake in Brilliant Earth Group during the fourth quarter worth approximately $65,000. Impact Investors Inc acquired a new stake in Brilliant Earth Group during the fourth quarter worth approximately $103,000. Finally, Mariner LLC acquired a new stake in Brilliant Earth Group during the fourth quarter worth approximately $105,000. Institutional investors and hedge funds own 70.41% of the company's stock.

About Brilliant Earth Group

Brilliant Earth Group, Inc designs, procures, and sells diamonds, gemstones, and jewelry in the United States and internationally. The company's product assortment and merchandise include a collection of diamond engagement rings, wedding and anniversary rings, gemstone rings, and fine jewelry. It sells directly to consumers through its omnichannel sales platform, including e-commerce and showrooms.