Bread Financial (BFH) Expected to Announce Quarterly Earnings on Thursday

Bread Financial (NYSE:BFH - Get Free Report) is projected to issue its Q2 2025 quarterly earnings data before the market opens on Thursday, July 24th. Analysts expect the company to announce earnings of $1.84 per share and revenue of $944.69 million for the quarter.

Bread Financial (NYSE:BFH - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The company reported $2.86 earnings per share for the quarter, beating analysts' consensus estimates of $2.10 by $0.76. Bread Financial had a net margin of 5.89% and a return on equity of 12.60%. The business had revenue of $970.00 million for the quarter, compared to analysts' expectations of $956.17 million. During the same period last year, the business earned $2.73 EPS. The company's revenue was down 2.1% compared to the same quarter last year. On average, analysts expect Bread Financial to post $6 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Bread Financial Stock Down 1.8%

Shares of NYSE:BFH traded down $1.10 during trading on Friday, reaching $61.20. The stock had a trading volume of 479,815 shares, compared to its average volume of 859,065. Bread Financial has a one year low of $38.21 and a one year high of $66.71. The company has a market capitalization of $2.85 billion, a P/E ratio of 10.87, a PEG ratio of 1.14 and a beta of 1.38. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.42. The firm's 50-day simple moving average is $54.95 and its 200 day simple moving average is $54.27.

Bread Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 9th were issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date was Friday, May 9th. Bread Financial's dividend payout ratio is currently 14.92%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on BFH shares. Morgan Stanley lifted their target price on shares of Bread Financial from $36.00 to $39.00 and gave the stock an "underweight" rating in a research note on Monday, May 12th. Barclays reiterated an "underweight" rating and issued a $52.00 target price (up from $45.00) on shares of Bread Financial in a research note on Tuesday, July 8th. Royal Bank Of Canada reiterated a "sector perform" rating on shares of Bread Financial in a research note on Monday. Jefferies Financial Group raised their price target on shares of Bread Financial from $45.00 to $50.00 and gave the stock a "hold" rating in a research report on Thursday, April 24th. Finally, JMP Securities reissued a "market perform" rating on shares of Bread Financial in a research report on Monday, April 28th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $63.92.

Hedge Funds Weigh In On Bread Financial

Several institutional investors have recently made changes to their positions in BFH. Strs Ohio purchased a new stake in Bread Financial in the 1st quarter worth $65,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Bread Financial by 3.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 157,833 shares of the company's stock worth $7,904,000 after acquiring an additional 4,624 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Bread Financial by 104.8% in the 1st 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. Millennium Management LLC increased its holdings in Bread Financial by 46.5% in the 1st quarter. Millennium Management LLC now owns 345,902 shares of the company's stock worth $17,323,000 after acquiring an additional 109,864 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Bread Financial by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,589 shares of the company's stock worth $1,482,000 after acquiring an additional 1,286 shares in the last quarter. 99.52% of the stock is owned by hedge funds and other institutional investors.

About Bread Financial

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.