Bread Financial Q2 EPS Forecast Decreased by Zacks Research

Bread Financial Holdings, Inc. (NYSE:BFH - Free Report) - Equities researchers at Zacks Research lowered their Q2 2026 earnings per share (EPS) estimates for shares of Bread Financial in a research note issued on Monday, June 2nd. Zacks Research analyst T. De now anticipates that the company will post earnings per share of $2.01 for the quarter, down from their previous forecast of $2.05. The consensus estimate for Bread Financial's current full-year earnings is $6.45 per share. Zacks Research also issued estimates for Bread Financial's FY2027 earnings at $9.53 EPS.

Bread Financial (NYSE:BFH - Get Free Report) last released its earnings results on Thursday, April 24th. The company reported $2.86 EPS for the quarter, beating analysts' consensus estimates of $2.10 by $0.76. Bread Financial had a return on equity of 12.41% and a net margin of 5.75%. The company had revenue of $970.00 million during the quarter, compared to the consensus estimate of $956.17 million. During the same quarter last year, the company earned $2.73 earnings per share. Bread Financial's quarterly revenue was down 2.1% compared to the same quarter last year.

Other research analysts have also recently issued reports about the stock. The Goldman Sachs Group dropped their target price on shares of Bread Financial from $68.00 to $58.00 and set a "sell" rating for the company in a report on Tuesday, March 18th. Morgan Stanley boosted their target price on Bread Financial from $36.00 to $39.00 and gave the stock an "underweight" rating in a research report on Monday, May 12th. Jefferies Financial Group upped their target price on Bread Financial from $45.00 to $50.00 and gave the company a "hold" rating in a report on Thursday, April 24th. Finally, JMP Securities reaffirmed a "market perform" rating on shares of Bread Financial in a research note on Monday, April 28th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $60.27.

Bread Financial Price Performance

Shares of NYSE BFH traded down $0.52 during midday trading on Wednesday, hitting $49.46. The company had a trading volume of 785,973 shares, compared to its average volume of 872,795. The firm has a market capitalization of $2.30 billion, a price-to-earnings ratio of 8.91, a price-to-earnings-growth ratio of 1.25 and a beta of 1.37. Bread Financial has a twelve month low of $38.21 and a twelve month high of $66.71. The business has a 50-day simple moving average of $49.06 and a two-hundred day simple moving average of $55.32. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.33.

Institutional Trading of Bread Financial

Hedge funds have recently bought and sold shares of the company. Janney Montgomery Scott LLC grew its position in shares of Bread Financial by 15.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 21,651 shares of the company's stock valued at $1,322,000 after purchasing an additional 2,944 shares during the period. KBC Group NV boosted its stake in Bread Financial by 36.1% in the 4th quarter. KBC Group NV now owns 2,103 shares of the company's stock worth $128,000 after buying an additional 558 shares during the last quarter. Choreo LLC acquired a new stake in Bread Financial in the 4th quarter worth about $201,000. Entropy Technologies LP purchased a new stake in Bread Financial in the 4th quarter valued at about $927,000. Finally, Savant Capital LLC increased its stake in shares of Bread Financial by 5.8% during the 4th quarter. Savant Capital LLC now owns 5,329 shares of the company's stock valued at $325,000 after acquiring an additional 290 shares during the last quarter. Institutional investors and hedge funds own 99.52% of the company's stock.

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

Bread Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 9th will be paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 1.70%. The ex-dividend date is Friday, May 9th. Bread Financial's payout ratio is 14.92%.

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.