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

Key Points

• Bread Financial Holdings, Inc. has received a consensus recommendation of "Hold" from twelve brokerages, with ratings varying from sell to buy.
• The company's recent earnings report showed an earnings per share (EPS) of $3.14, beating estimates, but revenue was down 1.1% year-over-year.
• Bread Financial declared a quarterly dividend of $0.21, representing an annualized dividend of $0.84 and a yield of 1.4%.

Shares of Bread Financial Holdings, Inc. (NYSE:BFH - Get Free Report) have been given a consensus rating of "Hold" by the twelve brokerages that are currently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $64.9091.

A number of equities analysts have issued reports on BFH shares. Morgan Stanley upped their target price on Bread Financial from $36.00 to $39.00 and gave the company an "underweight" rating in a research report on Monday, May 12th. Wall Street Zen lowered Bread Financial from a "strong-buy" rating to a "buy" rating in a research report 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 report on Friday, July 25th. Barclays reaffirmed an "underweight" rating and issued a $52.00 target price (up from $45.00) on shares of Bread Financial in a research report on Tuesday, July 8th. Finally, BTIG Research set a $105.00 target price on Bread Financial and gave the company a "buy" rating in a research report on Monday, July 14th.

Insider Activity

In other news, Director John J. Fawcett purchased 1,027 shares of the company's stock in a transaction that occurred on Wednesday, July 30th. The shares were acquired at an average cost of $61.79 per share, with a total value of $63,458.33. Following the transaction, the director owned 10,302 shares in the company, valued at approximately $636,560.58. The trade was a 11.07% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.62% of the company's stock.

Institutional Investors Weigh In On Bread Financial

Institutional investors and hedge funds have recently made changes to their positions in the company. Teacher Retirement System of Texas increased its position in Bread Financial by 2.6% in the second quarter. Teacher Retirement System of Texas now owns 7,460 shares of the company's stock worth $426,000 after buying an additional 192 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in Bread Financial by 1.7% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 11,951 shares of the company's stock worth $683,000 after buying an additional 203 shares during the period. Envestnet Asset Management Inc. increased its position in Bread Financial by 2.5% in the second quarter. Envestnet Asset Management Inc. now owns 11,085 shares of the company's stock worth $633,000 after buying an additional 269 shares during the period. Mackenzie Financial Corp increased its position in Bread Financial by 0.7% in the first quarter. Mackenzie Financial Corp now owns 40,918 shares of the company's stock worth $2,049,000 after buying an additional 296 shares during the period. Finally, GAMMA Investing LLC increased its position in Bread Financial by 28.0% in the first quarter. GAMMA Investing LLC now owns 1,457 shares of the company's stock worth $73,000 after buying an additional 319 shares during the period. 99.52% of the stock is owned by institutional investors and hedge funds.

Bread Financial Stock Up 0.2%

NYSE BFH traded up $0.1460 on Thursday, reaching $62.5060. The company had a trading volume of 138,942 shares, compared to its average volume of 820,070. The firm has a market capitalization of $2.92 billion, a PE ratio of 10.58, a P/E/G ratio of 0.98 and a beta of 1.42. Bread Financial has a 1 year low of $38.21 and a 1 year high of $66.71. The firm has a 50-day moving average of $59.33 and a 200-day moving average of $53.98. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.18 and a quick ratio of 1.18.

Bread Financial (NYSE:BFH - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The company reported $3.14 earnings per share for the quarter, topping analysts' consensus estimates of $1.85 by $1.29. The firm had revenue of $929.00 million during the quarter, compared to analysts' expectations of $944.69 million. Bread Financial had a return on equity of 13.10% and a net margin of 6.05%.Bread Financial's quarterly revenue was down 1.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.66 EPS. Bread Financial has set its FY 2025 guidance at EPS. On average, equities research analysts anticipate that Bread Financial will post 6.45 EPS for the current fiscal year.

Bread Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 12th. Investors of record on Friday, August 8th will be given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, August 8th. Bread Financial's dividend payout ratio is currently 14.21%.

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.