Brookfield Wealth Solutions (NYSE:BNT) Reaches New 52-Week Low - Should You Sell?

Key Points

• Brookfield Wealth Solutions shares fell to a new 52-week low, trading as low as $39.91 compared with a prior close of $41.24. The stock remains below both its 50-day and 200-day moving averages.
• Analyst sentiment is cautious: Wall Street Zen upgraded the stock from “sell” to “hold,” while Weiss Ratings maintained a “hold” rating; MarketBeat reports a consensus “Hold” recommendation.
• The company reported quarterly earnings per share of $0.07, up from $0.06 a year earlier, and declared a $0.07-per-share dividend. However, its 107.69% dividend payout ratio and very low net margin of 0.15% are notable risks.

Brookfield Wealth Solutions Ltd. (NYSE:BNT - Get Free Report)'s stock price hit a new 52-week low during trading on Tuesday . The stock traded as low as $39.91 and last traded at $39.7270, with a volume of 2871 shares changing hands. The stock had previously closed at $41.24.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on BNT. Wall Street Zen raised shares of Brookfield Wealth Solutions from a "sell" rating to a "hold" rating in a research note on Saturday. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Brookfield Wealth Solutions in a research note on Thursday, August 13th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, Brookfield Wealth Solutions currently has a consensus rating of "Hold".

Brookfield Wealth Solutions Price Performance

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 firm has a market capitalization of $13.39 billion, a P/E ratio of 152.31 and a beta of 1.49. The stock's 50 day simple moving average is $43.22 and its 200 day simple moving average is $44.05.

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

Brookfield Wealth Solutions Announces Dividend

The company also recently declared a dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Monday, September 14th will be given 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 presently 107.69%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. raised its holdings in shares of Brookfield Wealth Solutions by 7.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 48,371 shares of the company's stock valued at $2,524,000 after purchasing an additional 3,283 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Brookfield Wealth Solutions by 1,235.2% during the second quarter. JPMorgan Chase & Co. now owns 1,215 shares of the company's stock worth $75,000 after buying an additional 1,124 shares during the period. Russell Investments Group Ltd. lifted its holdings in Brookfield Wealth Solutions by 8.8% during the second quarter. Russell Investments Group Ltd. now owns 4,773 shares of the company's stock worth $294,000 after buying an additional 388 shares during the period. Vanguard Group Inc. boosted its position in Brookfield Wealth Solutions by 1,507.2% during the 3rd quarter. Vanguard Group Inc. now owns 265,706 shares of the company's stock valued at $18,216,000 after acquiring an additional 249,174 shares in the last quarter. Finally, Swiss National Bank increased its holdings in shares of Brookfield Wealth Solutions by 2.1% in the 3rd quarter. Swiss National Bank now owns 38,300 shares of the company's stock valued at $2,627,000 after acquiring an additional 800 shares during the period. 20.31% of the stock is currently owned by institutional investors.

About Brookfield Wealth Solutions

Brookfield Wealth Solutions is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Through our operating subsidiaries, we offer a broad range of insurance products and services, including annuities, personal and commercial property and casualty insurance and life insurance.The company was incorporated in 2020 and is headquartered in Pembroke, Bermuda.

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