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Brookfield Wealth Solutions (NYSE:BNT) Reaches New 52-Week Low - Here's Why

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Key Points

  • Brookfield Wealth Solutions fell to a new 52-week low, trading as low as $37.82 and last at $37.71, below its $38.19 previous close. The stock is also below its 50-day and 200-day moving averages.
  • Analyst sentiment remains cautious: Wall Street Zen upgraded the stock from “sell” to “hold,” while Weiss Ratings downgraded it to “hold (c-).” MarketBeat reports an overall average rating of “Hold.”
  • The company reported quarterly EPS of $0.07, compared with $0.06 a year earlier, and declared a $0.07-per-share dividend. However, its dividend payout ratio is elevated at 107.69%, while return on equity and net margin were just 0.10% and 0.15%, respectively.
  • Five stocks we like better than Brookfield Wealth Solutions.

Brookfield Wealth Solutions Ltd. (NYSE:BNT - Get Free Report) reached a new 52-week low on Monday . The company traded as low as $37.82 and last traded at $37.71, with a volume of 2347 shares. The stock had previously closed at $38.19.

Analyst Upgrades and Downgrades

A number of research firms have commented on BNT. Wall Street Zen raised shares of Brookfield Wealth Solutions from a "sell" rating to a "hold" rating in a research report on Saturday, August 29th. Weiss Ratings cut shares of Brookfield Wealth Solutions from a "hold (c)" rating to a "hold (c-)" rating in a research report on Tuesday, September 8th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Brookfield Wealth Solutions has an average rating of "Hold".

View Our Latest Analysis on BNT

Brookfield Wealth Solutions Stock Performance

The stock's 50-day simple moving average is $42.57 and its 200 day simple moving average is $43.57. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.16 and a current ratio of 0.16. The company has a market capitalization of $12.79 billion, a PE ratio of 145.56 and a beta of 1.46.

Brookfield Wealth Solutions (NYSE:BNT - Get Free Report) last released its quarterly earnings data on Thursday, August 13th. The company reported $0.07 earnings per share (EPS) for the quarter. Brookfield Wealth Solutions had a return on equity of 0.10% and a net margin of 0.15%.During the same quarter in the previous year, the company posted $0.06 earnings per share.

Brookfield Wealth Solutions Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Monday, September 14th will be paid a dividend of $0.07 per share. The ex-dividend date of this dividend is Monday, September 14th. Brookfield Wealth Solutions's dividend payout ratio is currently 107.69%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in BNT. Legal & General Group Plc boosted its position in shares of Brookfield Wealth Solutions by 39.2% in the 4th quarter. Legal & General Group Plc now owns 104,568 shares of the company's stock worth $4,820,000 after buying an additional 29,431 shares in the last quarter. CI Investments Inc. increased its holdings in Brookfield Wealth Solutions by 35.5% during the 1st quarter. CI Investments Inc. now owns 190,208 shares of the company's stock valued at $7,875,000 after acquiring an additional 49,804 shares in the last quarter. Montrusco Bolton Investments Inc. increased its holdings in Brookfield Wealth Solutions by 30.8% during the 1st quarter. Montrusco Bolton Investments Inc. now owns 307,408 shares of the company's stock valued at $12,721,000 after acquiring an additional 72,434 shares in the last quarter. Cibc World Market Inc. raised its position in Brookfield Wealth Solutions by 48.1% during the fourth quarter. Cibc World Market Inc. now owns 47,175 shares of the company's stock worth $2,172,000 after acquiring an additional 15,323 shares during the last quarter. Finally, Sequoia Financial Advisors LLC raised its position in Brookfield Wealth Solutions by 207.5% during the first quarter. Sequoia Financial Advisors LLC now owns 14,562 shares of the company's stock worth $603,000 after acquiring an additional 9,827 shares during the last quarter. 20.31% of the stock is owned by hedge funds and other institutional investors.

Brookfield Wealth Solutions Company Profile

(Get Free Report)

Brookfield Wealth Solutions Ltd. NYSE: BNT is a financial services company that provides wealth, retirement and insurance solutions for individuals, institutions and other organizations. The company operates within Brookfield's broader global asset management ecosystem and focuses on helping clients manage long-term savings and financial security needs.

Its principal activities include providing retirement income products, life insurance and annuity solutions, as well as institutional retirement services such as pension risk-transfer arrangements.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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