Zacks Research Cuts Earnings Estimates for Bread Financial

Bread Financial Holdings, Inc. (NYSE:BFH - Free Report) - Analysts at Zacks Research cut their Q2 2026 EPS estimates for shares of Bread Financial in a research report issued on Tuesday, July 1st. Zacks Research analyst T. De now forecasts that the company will post earnings per share of $2.00 for the quarter, down from their previous forecast of $2.01. The consensus estimate for Bread Financial's current full-year earnings is $6.45 per share. Zacks Research also issued estimates for Bread Financial's Q3 2026 earnings at $1.92 EPS, Q4 2026 earnings at $1.93 EPS, FY2026 earnings at $8.46 EPS, Q1 2027 earnings at $1.94 EPS, Q2 2027 earnings at $2.31 EPS and FY2027 earnings at $9.43 EPS.

Bread Financial (NYSE:BFH - Get Free Report) last issued its earnings results on Thursday, April 24th. The company reported $2.86 EPS for the quarter, topping analysts' consensus estimates of $2.10 by $0.76. The business had revenue of $970.00 million for the quarter, compared to analyst estimates of $956.17 million. Bread Financial had a net margin of 5.89% and a return on equity of 12.60%. The company's quarterly revenue was down 2.1% compared to the same quarter last year. During the same period last year, the company posted $2.73 earnings per share.

A number of other equities analysts also recently issued reports on BFH. Jefferies Financial Group increased their price target on Bread Financial from $45.00 to $50.00 and gave the stock a "hold" rating in a research report on Thursday, April 24th. Morgan Stanley increased their target price on shares of Bread Financial from $36.00 to $39.00 and gave the stock an "underweight" rating in a report on Monday, May 12th. JMP Securities restated a "market perform" rating on shares of Bread Financial in a report on Monday, April 28th. Finally, The Goldman Sachs Group lowered their price target on shares of Bread Financial from $68.00 to $58.00 and set a "sell" rating for the company in a research report on Tuesday, March 18th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $60.27.

Bread Financial Trading Up 0.9%

NYSE:BFH traded up $0.52 during midday trading on Thursday, hitting $60.40. The stock had a trading volume of 353,481 shares, compared to its average volume of 874,706. The stock has a 50-day moving average of $52.72 and a 200 day moving average of $54.25. The company has a market capitalization of $2.81 billion, a price-to-earnings ratio of 10.73, a PEG ratio of 1.13 and a beta of 1.38. Bread Financial has a one year low of $38.21 and a one year high of $66.71. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.42.

Institutional Investors Weigh In On Bread Financial

Institutional investors have recently bought and sold shares of the company. Castlekeep Investment Advisors LLC acquired a new position in shares of Bread Financial during the fourth quarter worth $104,000. Wellington Management Group LLP increased its position in Bread Financial by 45.0% during the 1st quarter. Wellington Management Group LLP now owns 1,320,418 shares of the company's stock valued at $66,127,000 after buying an additional 409,877 shares in the last quarter. Point72 Asset Management L.P. raised its stake in Bread Financial by 550.8% in the fourth quarter. Point72 Asset Management L.P. now owns 462,307 shares of the company's stock valued at $28,228,000 after buying an additional 391,272 shares during the last quarter. Norges Bank acquired a new stake in Bread Financial in the fourth quarter worth about $23,740,000. Finally, Goldman Sachs Group Inc. boosted its holdings in Bread Financial by 104.8% in the first quarter. Goldman Sachs Group Inc. now owns 736,604 shares of the company's stock worth $36,889,000 after acquiring an additional 376,920 shares in the last quarter. 99.52% of the stock is currently owned by institutional investors and hedge funds.

Bread Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 9th were paid a dividend of $0.21 per share. The ex-dividend date of this dividend was Friday, May 9th. This represents a $0.84 annualized dividend and a dividend yield of 1.39%. Bread Financial's dividend payout ratio (DPR) is presently 14.92%.

Bread Financial Company Profile

Bread Financial Holdings, Inc provides tech-forward payment and lending solutions to customers and consumer-based industries in North America. It offers credit card and other loans financing services, including risk management solutions, account origination, and funding services for private label and co-brand credit card programs, as well as through Bread partnerships; and Comenity-branded general purpose cash-back credit.