Seaport Res Ptn Cuts Earnings Estimates for Bread Financial

Bread Financial Holdings, Inc. (NYSE:BFH - Free Report) - Seaport Res Ptn lowered their Q2 2025 earnings per share estimates for Bread Financial in a research report issued on Tuesday, June 24th. Seaport Res Ptn analyst W. Ryan now forecasts that the company will post earnings of $1.47 per share for the quarter, down from their previous estimate of $1.54. The consensus estimate for Bread Financial's current full-year earnings is $6.45 per share. Seaport Res Ptn also issued estimates for Bread Financial's Q4 2025 earnings at $0.15 EPS.

A number of other equities analysts have also weighed in on the company. Morgan Stanley upped their price objective on Bread Financial from $36.00 to $39.00 and gave the stock an "underweight" rating in a research note on Monday, May 12th. Jefferies Financial Group upped their price objective on Bread Financial from $45.00 to $50.00 and gave the stock a "hold" rating in a research note on Thursday, April 24th. The Goldman Sachs Group dropped their price objective on Bread Financial from $68.00 to $58.00 and set a "sell" rating for the company in a research note on Tuesday, March 18th. Finally, JMP Securities reaffirmed a "market perform" rating on shares of Bread Financial in a research note on Monday, April 28th. Three 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 data from MarketBeat.com, Bread Financial has a consensus rating of "Hold" and a consensus price target of $60.27.

Bread Financial Stock Performance

NYSE:BFH traded up $0.42 during mid-day trading on Thursday, hitting $56.98. 1,210,293 shares of the company traded hands, compared to its average volume of 874,705. The firm has a market cap of $2.65 billion, a price-to-earnings ratio of 10.12, a price-to-earnings-growth ratio of 1.04 and a beta of 1.37. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.42. The stock's fifty day moving average price is $51.55 and its 200-day moving average price is $54.57. Bread Financial has a one year low of $38.21 and a one year high of $66.71.

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 (EPS) for the quarter, beating the consensus estimate of $2.10 by $0.76. Bread Financial had a return on equity of 12.60% and a net margin of 5.89%. The business had revenue of $970.00 million during the quarter, compared to analyst estimates of $956.17 million. During the same quarter in the previous year, the company posted $2.73 earnings per share. Bread Financial's revenue for the quarter was down 2.1% on a year-over-year basis.

Institutional Investors Weigh In On Bread Financial

A number of hedge funds have recently made changes to their positions in BFH. Curat Global LLC purchased a new stake in shares of Bread Financial in the first quarter worth about $28,000. Picton Mahoney Asset Management lifted its position in shares of Bread Financial by 2,083.3% in the fourth quarter. Picton Mahoney Asset Management now owns 524 shares of the company's stock worth $32,000 after buying an additional 500 shares in the last quarter. Quarry LP raised its position in Bread Financial by 947.5% during the first quarter. Quarry LP now owns 639 shares of the company's stock valued at $32,000 after purchasing an additional 578 shares during the period. Pinnacle Holdings LLC purchased a new stake in Bread Financial during the fourth quarter valued at approximately $46,000. Finally, Versant Capital Management Inc raised its position in Bread Financial by 182.8% during the first quarter. Versant Capital Management Inc now owns 1,298 shares of the company's stock valued at $65,000 after purchasing an additional 839 shares during the period. 99.52% of the stock is currently owned by hedge funds and other institutional investors.

Bread Financial announced that its Board of Directors has initiated a share repurchase plan on Wednesday, March 5th that authorizes the company to buyback $150.00 million in outstanding shares. This buyback authorization authorizes the company to purchase up to 6% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board of directors believes its stock is undervalued.

Bread Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 9th were given a $0.21 dividend. The ex-dividend date of this dividend was Friday, May 9th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.47%. Bread Financial's dividend payout ratio is currently 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.