Bread Financial Holdings, Inc. (NYSE:BFH) Given Average Rating of "Hold" by Analysts

Key Points

• Bread Financial Holdings, Inc. has received an average analyst rating of "Hold", with three analysts rating the stock as a sell, five as hold, and four as buy.
• The company reported earnings of $3.14 EPS for the last quarter, significantly beating analysts' estimates of $1.85 EPS, though its revenue was slightly below expectations at $929 million.
• Bread Financial recently declared a quarterly dividend of $0.21, which translates to an annualized yield of 1.3%, with a payout ratio of 14.21%.

Shares of Bread Financial Holdings, Inc. (NYSE:BFH - Get Free Report) have been given an average rating of "Hold" by the twelve analysts that are currently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $64.9091.

A number of research analysts recently commented on BFH shares. BTIG Research set a $105.00 target price on Bread Financial and gave the company a "buy" rating in a research note on Monday, July 14th. Wall Street Zen lowered Bread Financial from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 9th. Royal Bank Of Canada upped their target price on Bread Financial from $65.00 to $74.00 and gave the company a "sector perform" rating in a research note on Friday, July 25th. Finally, Barclays reiterated an "underweight" rating and issued a $52.00 price target (up from $45.00) on shares of Bread Financial in a research report on Tuesday, July 8th.

Bread Financial Stock Performance

Shares of NYSE BFH opened at $63.16 on Monday. The business has a fifty day simple moving average of $62.07 and a 200 day simple moving average of $54.60. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $2.95 billion, a price-to-earnings ratio of 10.69, a PEG ratio of 0.57 and a beta of 1.46. Bread Financial has a one year low of $38.21 and a one year high of $68.01.

Bread Financial (NYSE:BFH - Get Free Report) last issued its earnings results on Thursday, July 24th. The company reported $3.14 EPS for the quarter, beating analysts' consensus estimates of $1.85 by $1.29. The business had revenue of $929.00 million during the quarter, compared to analyst estimates of $944.69 million. Bread Financial had a return on equity of 13.10% and a net margin of 6.05%.Bread Financial's revenue was down 1.1% on a year-over-year basis. During the same period in the prior year, the company posted $2.66 earnings per share. Bread Financial has set its FY 2025 guidance at EPS. Sell-side analysts expect that Bread Financial will post 6.45 EPS for the current year.

Bread Financial announced that its Board of Directors has authorized a share repurchase plan on Wednesday, August 27th that authorizes the company to repurchase $0.00 in outstanding shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board of directors believes its stock is undervalued.

Bread Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Friday, August 8th were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Friday, August 8th. Bread Financial's dividend payout ratio is 14.21%.

Insiders Place Their Bets

In related news, Director John J. Fawcett purchased 1,027 shares of the stock in a transaction on Wednesday, July 30th. The shares were purchased at an average cost of $61.79 per share, for a total transaction of $63,458.33. Following the completion of the transaction, the director directly owned 10,302 shares of the company's stock, valued at approximately $636,560.58. The trade was a 11.07% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.62% of the stock is owned by company insiders.

Institutional Trading of Bread Financial

Large investors have recently bought and sold shares of the stock. Curat Global LLC bought a new stake in Bread Financial in the first quarter valued at $28,000. Quarry LP grew its holdings in shares of Bread Financial by 947.5% during the first quarter. Quarry LP now owns 639 shares of the company's stock worth $32,000 after purchasing an additional 578 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Bread Financial by 127.2% during the second quarter. EverSource Wealth Advisors LLC now owns 711 shares of the company's stock worth $41,000 after purchasing an additional 398 shares during the last quarter. BOK Financial Private Wealth Inc. bought a new stake in shares of Bread Financial during the second quarter worth $42,000. Finally, Versant Capital Management Inc grew its holdings in shares of Bread Financial by 182.8% during the first quarter. Versant Capital Management Inc now owns 1,298 shares of the company's stock worth $65,000 after purchasing an additional 839 shares during the last quarter. 99.52% of the stock is currently owned by institutional investors.

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.

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